KJUL vs SCAU: Grades, Fees and Holdings Compared

Innovator Russell 2000 Power Buffer ETF - July

KJULCCboe

Corgi U.S. Small-Cap 15% Structured Buffer ETF - August Series

SCAUCCboe

Overlap

0.0%by weight

Expense ratio

SCAU −0.49pt a year

KJUL0.79%SCAU0.30%

Avg volume · 30D

KJUL 13.6×the volume

KJUL57.2KSCAU4.21K

KJUL vs SCAU Performance

Aug 5, 2026 – Nov 5, 2026

−4.8%KJUL−4.7%SCAU

Expense ratio: KJUL 0.79%; SCAU 0.30%, better
Fund size: KJUL $223M; SCAU $1M
1Y total return: KJUL +4.2%; SCAU No data
Holdings: KJUL 3; SCAU 4
Avg volume (30D): KJUL 57.2K sh, better; SCAU 4.21K sh
NAV per share: KJUL $33.35; SCAU $24.77
52W range

ETF.net Grade

Pillar letters and Scores for KJUL, SCAU, with each pillar’s weight
Pillar	KJUL	SCAU
Cost30% weight	C40	A93Higher
Mission25% weight	Not scored	Not scored
Risk15% weight	C43Higher	D26
Tradability15% weight	B68Higher	C45
Holdings10% weight	Not scored	Not scored
Durability5% weight	A83Higher	F5

Rank among Russell 2000 Buffer 15% funds

How we build Categories ›

Same Category. KJUL and SCAU are both graded against the same 14 Russell 2000 Buffer 15% funds, so their Grades compare head to head.

Russell 2000 Buffer 15%⁠

Category · 14 funds

See all 14 ›

KJUL ranks 6th and SCAU 7th of 14 funds in the Russell 2000 Buffer 15% Category.

Rank 5CKJANInnovator U.S. Small Cap Power Buffer ETF - JanuaryScore 51
Rank 6CKJULInnovator Russell 2000 Power Buffer ETF - JulyScore 50
Rank 7CRBProShares Russell 2000 Dynamic Buffer ETFScore 40
Rank 7CSCAUCorgi U.S. Small-Cap 15% Structured Buffer ETF - August SeriesScore 40
Rank 7CSCJLCorgi U.S. Small-Cap 15% Structured Buffer ETF - July SeriesScore 40

Our read on each fund

ETF.net Research

KJULCInnovator Russell 2000 Power Buffer ETF - July

SCAUCCorgi U.S. Small-Cap 15% Structured Buffer ETF - August Series

In short

KJUL Buffer funds mostly wrap the S&P 500. KJUL wraps small caps: it tracks IWM up to a cap reset each July, with the first 15% of losses over the outcome period absorbed for you. Live since 2020.

SCAU No data

Stated mandate

KJUL The Fund seeks to match the return of its underlying ETF up to a stated cap while protecting against the first 15% of losses during the current outcome period.

SCAU No data

Why people hold it

KJUL Small-cap downside cushioning is a thin niche. KJUL buffers the first 15% of IWM's losses over a one-year outcome period, in a plain 1940 Act ETF wrapper.innovatoretfs.com
At 0.79% it matches the going rate for small-cap buffer funds and undercuts the FT Vest alternatives (SMAY, SNOV) at 0.90%.
Part of a January/April/July/October series, so entries can be staggered across reset dates rather than pinned to one.innovatoretfs.com
Easier to trade than most funds in this thin corner, and one of the stronger implementations in its small-cap buffer group. Running since 2020.

SCAU No data

Worth knowing

KJUL Protection stops at 15%. Losses past that come straight through, and the buffer is measured over the outcome period, not any 12 months you happen to hold.innovatoretfs.com
The cap resets each July at whatever options pricing allows, so the ceiling shifts yearly. Buy mid-period and you get the remaining buffer and cap, not the headline terms.innovatoretfs.com
At 0.79% it costs many times a plain small-cap index fund, and it hasn't been an income vehicle: the payoff shows up in price.

SCAU No data

Full KJUL profile⁠

Full SCAU profile⁠

KJUL vs SCAU Holdings

How KJUL and SCAU differ

Overlap by weight

0.0%

Level by level

Asset classStocks, Alternatives0.0%
Holdings0 in both0.0%
Sector11 Sectors99.3%
Countryby domicile99.9%

Sector

Sector weights in KJUL and SCAU, widest gap first
Sector	Gap	KJUL	SCAU
Technology	SCAU +0.5 points	14.0%	14.4%
Consumer Discretionary	KJUL +0.3 points	9.1%	8.8%
Health Care	SCAU +0.2 points	21.0%	21.2%
Industrials	KJUL +0.1 points	12.7%	12.6%
Energy	KJUL +0.1 points	6.8%	6.7%
Real Estate	KJUL +0.1 points	6.5%	6.4%
Financials	KJUL +0.1 points	18.2%	18.1%
Materials	SCAU +0.1 points	4.1%	4.2%
Communication	Same weight	2.2%	2.2%
Utilities	Same weight	2.8%	2.8%
Consumer Staples	Same weight	2.6%	2.6%

Country, concentration and asset class

Country by domicile

Country weights in KJUL and SCAU, widest gap first
Country	Gap	KJUL	SCAU
United States	SCAU +0.1 points	98.4%	98.5%
Brazil	Same weight	0.6%	0.6%
Switzerland	Same weight	0.3%	0.3%
Canada	Same weight	0.2%	0.2%
United Kingdom	KJUL +0.1 points	0.2%	0.1%
Taiwan	Same weight	0.1%	0.1%
Norway	KJUL +0.1 points	0.1%	0.0%
Singapore	KJUL +0.1 points	0.1%	0.0%
Other countries (5)	Same weight	0.1%	0.1%

Concentration

Weight in the 10 largest Holdings

KJUL102.9%
SCAU103.2%

Securities held

KJUL3
SCAU3

Asset class

KJUL: Stocks
SCAU: Alternatives

Holdings

Only in KJUL3
In both0
Only in SCAU3

Only in KJUL

3 securities, 100% of KJUL by weight

Iwm 06/30/2027 3 C94.76%
Iwm 06/30/2027 300.45 P7.84%
Us Bank Mmda - Usbgfs 9 09/01/20370.35%

Only in SCAU

3 securities, 100% of SCAU by weight

Iwm 07/30/2027 59.24 C76.31%
United States Treasury Note/Bond 2.75% 07/31/202718.60%
Iwm 07/30/2027 296.22 P7.25%

Weight gaps

KJUL and SCAU share no securities.

All 6 KJUL holdings⁠All SCAU 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.

KJUL vs SCAU Cost

Overpaying KJUL vs SCAU

$9,025

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

KJUL 0.79%
$15,174
SCAU 0.30%
$6,149

Amount$10,000

Years30 years

Cost over time

KJUL 0.79%
SCAU 0.30%
Overpaying

Year by year

Year	KJUL	SCAU	Overpaying
10	$1,405	$545	$860
20	$5,331	$2,113	$3,218
30	$15,174	$6,149	$9,025

Expense ratio

0.79%KJUL
0.30%SCAU, cheaper

SCAU0.30%KJUL0.79%

0.30%1.01%

Middle half of Russell 2000 Buffer 15% funds
Median 0.77%

SCAU cheapest of 14 funds

KJUL 8th cheapest of 14 funds

KJUL vs SCAU Dividends

Last 12 months to Nov 5, 2026

Payout (12M): KJUL None; SCAU None

Distribution history

KJULAll KJUL payments⁠

No distribution history available.

SCAUAll SCAU payments⁠

No distribution history available.

KJUL vs SCAU Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: KJUL 9.3%SCAU No data
Return per unit of riskSharpe ratio, 3 years: KJUL 0.69SCAU No data
Worst fallMax drawdown, 5 years: KJUL −16.7%SCAU No data
Market sensitivityBeta, 5 years: KJUL 0.59SCAU 0.00; Market = 1

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