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JUNM vs PMJN

FT Vest U.S. Equity Max Buffer ETF - June

JUNMCCboe

PGIM S&P 500 Max Buffer ETF - June

PMJNBCboe

Overlap

0.0%by weight

Expense ratio

PMJN −0.35pt a year

JUNM0.85%PMJN0.50%

Avg volume · 30D

PMJN 1.1×the volume

JUNM4.58KPMJN4.9K

JUNM vs PMJN Performance

Oct 31, 2025 – Oct 30, 2026

+4.4%JUNM+4.3%PMJN

Oct 31, 2025 to Oct 30, 2026. JUNM +4.4%. PMJN +4.3%. Use the arrow keys to read each point.0%1%2%3%Oct 2025Apr 2026Oct 2026
Expense ratio
JUNM 0.85%
PMJN 0.50%, better
Fund size
JUNM $67M
PMJN $10M
1Y total return
JUNM +4.4%, better
PMJN +4.3%
Holdings
JUNM 3
PMJN 4
Avg volume (30D)
JUNM 4.58K sh
PMJN 4.9K sh, better
NAV per share
JUNM $35.51
PMJN $27.11
52W range

ETF.net Grade

JUNM: Cost 21, Risk 36, Mission not scored, Tradability 81, Holdings 68, Durability 86. PMJN: Cost 76, Risk 36, Mission not scored, Tradability 41, Holdings not scored, Durability 36.
Pillar letters and Scores for JUNM, PMJN, with each pillar’s weight
PillarJUNMPMJN
Cost30% weightF21A76Higher
Mission25% weightNot scoredNot scored
Risk15% weightD36D36
Tradability15% weightA81HigherC41
Holdings10% weightB68Not scored
Durability5% weightA86HigherD36

Rank among S&P 500 Max Buffer funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. JUNM and PMJN are both graded against the same 20 S&P 500 Max Buffer funds, so their Grades compare head to head.

S&P 500 Max Buffer⁠

Category · 20 funds
See all 20 ›

PMJN ranks 4th and JUNM 14th of 20 funds in the S&P 500 Max Buffer Category.

  1. Rank 1BPMDEPGIM S&P 500 Max Buffer ETF - DecemberScore 63
  2. Rank 2BPMJLPGIM S&P 500 Max Buffer ETF - JulyScore 56
  3. Rank 2BPMSEPGIM S&P 500 Max Buffer ETF - SeptemberScore 56
  4. Rank 4BPMJNPGIM S&P 500 Max Buffer ETF - JuneScore 55
  5. Rank 4CPMMRPGIM S&P 500 Max Buffer ETF - MarchScore 55
  6. Rank 13CDECMFT Vest U.S. Equity Max Buffer ETF - DecemberScore 44
  7. Rank 14CJUNMFT Vest U.S. Equity Max Buffer ETF - JuneScore 43
  8. Rank 15DFEBMFT Vest U.S. Equity Max Buffer ETF - FebruaryScore 40

Our read on each fund

ETF.net Research

JUNMCFT Vest U.S. Equity Max Buffer ETF - June

PMJNBPGIM S&P 500 Max Buffer ETF - June

In short

JUNM Most buffer ETFs pick a number and defend it. This one chases the biggest buffer the options market will fund each June, then pays for it with a cap that leaves only a sliver of the S&P 500's upside.

PMJN No data

Stated mandate

JUNM The Fund seeks to match the price return of the State Street SPDR S&P 500 ETF Trust up to a preset cap while seeking the maximum available downside buffer over roughly one year. For June 22, 2026–June 17, 2027, it seeks 100% loss buffering with a 7.33% cap before fees and expenses.

PMJN No data

Why people hold it

  • JUNM Simple mechanics: track SPY's price return up to a preset cap while seeking the maximum downside buffer available, over a roughly one-year period that resets each June.ftportfolios.com
  • Cap and buffer are rebuilt with fresh options every June, so terms are repriced each year instead of frozen at launch.ftportfolios.com
  • What's being buffered is SPY, the original S&P 500 tracker, so the underlying exposure is about as plain-vanilla as US equity gets.

PMJN No data

Worth knowing

  • JUNM The buffer is bought with upside: gains stop at the cap set each June, and the fund follows SPY's price only, so dividends don't feed your return.
  • At 0.85% a year, it runs above the Calamos structured-protection series (CPSJ, CPSM, CPST) at 0.69%. Cost is where it trails its floor-fund peer group.
  • Headline terms apply from the June start date, so a mid-period buyer gets a different cap and buffer. It's also a 2024 launch on the smaller, thinner-traded end of the shelf.

PMJN No data

Full JUNM profile⁠

Full PMJN profile⁠

JUNM vs PMJN Holdings

How JUNM and PMJN differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of JUNM and 0.0% of PMJN.

Level by level

  • Holdings0 in both0.0%

Sector

No Sector split for PMJN.

Country, concentration and asset class

Country by domicile

No country split for PMJN.

Concentration

Weight in the 10 largest Holdings

  • JUNM103.3%
  • PMJN102.9%

Securities held

  • JUNM2
  • PMJN3

Asset class

JUNM
Multi-Asset
PMJN
Alternatives

Holdings

  • Only in JUNM2
  • In both0
  • Only in PMJN3

Only in JUNM

2 securities, 100% of JUNM by weight

  • 2027-06-17 State Street® SPDR® S&P 500® ETF Trust C 7.4598.50%
  • 2027-06-17 State Street® SPDR® S&P 500® ETF Trust P 746.723.89%

Only in PMJN

3 securities, 100% of PMJN by weight

  • 4SPY Us 05/28/27 C15.1397.74%
  • 4SPY Us 05/28/27 P756.483.31%
  • Net Current Assets<0.01%

Weight gaps

JUNM and PMJN share no securities.

All 3 JUNM holdings⁠All PMJN holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

JUNM vs PMJN Cost

Overpaying JUNM vs PMJN

$6,220

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • JUNM 0.85%

    $16,199

  • PMJN 0.50%

    $9,979

$10,000
30 years

Cost over time

  • JUNM 0.85%
  • PMJN 0.50%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530JUNM $16,199PMJN $9,979

Year by year

YearJUNMPMJNOverpaying
10$1,508$900$608
20$5,706$3,460$2,246
30$16,199$9,979$6,220

Expense ratio

  • 0.85%JUNM
  • 0.50%PMJN, cheaper
  • Middle half of S&P 500 Max Buffer funds
  • Median 0.52%

PMJN cheapest of 20 funds

JUNM 12th cheapest of 20 funds

JUNM vs PMJN Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
JUNM None
PMJN None

Distribution history

JUNMAll JUNM payments⁠

No distribution history available.

PMJNAll PMJN payments⁠

No distribution history available.

JUNM vs PMJN Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
JUNM 3.2%since Jul 2024PMJN 1.5%since Jul 2025
Return per unit of riskSharpe ratio, 3 years
JUNM 0.70since Jul 2024PMJN 0.64since Jul 2025
Worst fallMax drawdown, 5 years
JUNM −5.4%since Jun 2024PMJN −1.1%since Jun 2025
Market sensitivityBeta, 5 years
JUNM 0.22PMJN 0.11

Popular comparisons

  • JUNMCvsPMDEB

    FT Vest U.S. Equity Max Buffer ETF - June · PGIM S&P 500 Max Buffer ETF - December

    Expense ratio
    0.85% · 0.50%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • PMJNBvsPMDEB

    PGIM S&P 500 Max Buffer ETF - June · PGIM S&P 500 Max Buffer ETF - December

    Expense ratio
    0.50% · 0.50%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • JUNMCvsPMJLB

    FT Vest U.S. Equity Max Buffer ETF - June · PGIM S&P 500 Max Buffer ETF - July

    Expense ratio
    0.85% · 0.50%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • PMJNBvsPMJLB

    PGIM S&P 500 Max Buffer ETF - June · PGIM S&P 500 Max Buffer ETF - July

    Expense ratio
    0.50% · 0.50%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • JUNMCvsPMSEB

    FT Vest U.S. Equity Max Buffer ETF - June · PGIM S&P 500 Max Buffer ETF - September

    Expense ratio
    0.85% · 0.50%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • PMJNBvsPMSEB

    PGIM S&P 500 Max Buffer ETF - June · PGIM S&P 500 Max Buffer ETF - September

    Expense ratio
    0.50% · 0.50%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.