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FT Vest U.S. Equity Max Buffer ETF - August (AUGM) Alternatives

ETF · Currency in USD · Last updated Jun 4, 2026

The FT Vest U.S. Equity Max Buffer ETF - August is a target outcome ETF that uses FLEX options to seek SPDR S&P 500 ETF price returns up to a cap while providing a defined downside buffer over the August outcome period.

FT Vest U.S. Equity Max Buffer ETF - August (AUGM) belongs to the Defined Outcome category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with AUGM. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to AUGM

AUGM charges 0.85% annually. There are 209 ETFs in the Defined Outcome category with lower expense ratios, going as low as 0.25%.

SymbolNameExpense RatioAUMInception
APRB
Aptus April Buffer ETF0.25%—Oct 2025AUGM vs APRB
JANB
Aptus January Buffer ETF0.25%—Oct 2025AUGM vs JANB
OCTB
Aptus October Buffer ETF0.25%—Oct 2025AUGM vs OCTB
JULB
Aptus July Buffer ETF0.25%—Oct 2025AUGM vs JULB
FBUF
Fidelity Dynamic Buffered Equity ETF0.48%—Apr 2024AUGM vs FBUF

Best Risk-Adjusted Alternatives to AUGM

AUGM has a PortfoliosLab risk / return rank of 93. There are 62 ETFs in the Defined Outcome category with higher risk-adjusted ranks, going as high as 99.

SymbolNameRisk / Return RankAUMInception
PMAP
PGIM S&P 500 Max Buffer ETF - April
99
—Mar 2025AUGM vs PMAP
APXM
FT Vest U.S. Equity Max Buffer ETF - April
99
—Apr 2025AUGM vs APXM
MMAX
iShares Large Cap Max Buffer Mar ETF
99
—Mar 2025AUGM vs MMAX
PMMY
PGIM S&P 500 Max Buffer ETF - May
98
—Apr 2025AUGM vs PMMY
CPSP
Calamos S&P 500 Structured Alt Protection ETF - Ap...
98
18.90MApr 2025AUGM vs CPSP

Top Performing AUGM Alternatives (YTD)

AUGM is at 2.74% YTD. There are 204 ETFs in the Defined Outcome category with higher YTD returns, going as high as 18.85%.

SymbolNameYTD ReturnAUMInception
NVDO
Leverage Shares 2x Capped Accelerated NVDA Monthly...
18.85%
—Aug 2025AUGM vs NVDO
TMAR
FT Vest Emerging Markets Buffer ETF - March
14.45%
—Mar 2025AUGM vs TMAR
QMAR
FT Cboe Vest Nasdaq-100 Buffer ETF - March
13.06%
557.94MMar 2021AUGM vs QMAR
PQAP
PGIM Nasdaq-100 Buffer 12 ETF - April
12.09%
7.34MDec 2024AUGM vs PQAP
UXJL
FT Vest U.S. Equity Uncapped Accelerator ETF - Jul...
11.78%
—Jul 2025AUGM vs UXJL

Lowest Volatility Alternatives to AUGM

AUGM has 2.28% 1-year volatility. There are 33 ETFs in the Defined Outcome category with lower 1-year volatility, going as low as 1.01%.

SymbolNameVolatility 1YAUMInception
APXM
FT Vest U.S. Equity Max Buffer ETF - April1.01%—Apr 2025AUGM vs APXM
PMMY
PGIM S&P 500 Max Buffer ETF - May1.12%—Apr 2025AUGM vs PMMY
PMAP
PGIM S&P 500 Max Buffer ETF - April1.15%—Mar 2025AUGM vs PMAP
MMAX
iShares Large Cap Max Buffer Mar ETF1.39%—Mar 2025AUGM vs MMAX
CPSP
Calamos S&P 500 Structured Alt Protection ETF - Ap...1.42%18.90MApr 2025AUGM vs CPSP

Lowest Drawdown Alternatives to AUGM

AUGM has a 1-year max drawdown of -1.62%. There are 52 ETFs in the Defined Outcome category with shallower 1-year drawdowns, going as shallow as -0.27%.

SymbolNameMax Drawdown 1YAUMInception
APXM
FT Vest U.S. Equity Max Buffer ETF - April
-0.27%
—Apr 2025AUGM vs APXM
MMAX
iShares Large Cap Max Buffer Mar ETF
-0.34%
—Mar 2025AUGM vs MMAX
PMAP
PGIM S&P 500 Max Buffer ETF - April
-0.34%
—Mar 2025AUGM vs PMAP
PMMY
PGIM S&P 500 Max Buffer ETF - May
-0.36%
—Apr 2025AUGM vs PMMY
CPSP
Calamos S&P 500 Structured Alt Protection ETF - Ap...
-0.37%
18.90MApr 2025AUGM vs CPSP

Other ETFs from First Trust

The 10 most viewed First Trust ETFs shown here include CIBR, GRID, NFTY and span 11 categories. AUM among these funds goes as high as $14B.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
CIBR
First Trust NASDAQ Cybersecurity ETFTechnology Equities, Cybersecurity
26
28.52%
13.68BJul 2015AUGM vs CIBR
GRID
First Trust Nasdaq Clean Edge Smart GRID Infrastru...Alternative Energy Equities
79
28.91%
11.29BNov 2009AUGM vs GRID
NFTY
First Trust India NIFTY 50 Equal Weight ETFAsia Pacific Equities
3
-9.70%
133.88MFeb 2012AUGM vs NFTY
AIRR
First Trust RBA American Industrial Renaissance ET...Building & Construction
78
31.77%
10.62BMar 2014AUGM vs AIRR
FDL
First Trust Morningstar Dividend Leaders Index Fun...Large Cap Value Equities, Dividend
70
13.33%
7.39BMar 2006AUGM vs FDL
IGLD
FT Cboe Vest Gold Strategy Target Income ETFPrecious Metals, Gold
28
1.69%
591.41MMar 2021AUGM vs IGLD
FTXL
First Trust Nasdaq Semiconductor ETFSemiconductors, Technology Equities
97
115.70%
2.52BSep 2016AUGM vs FTXL
TDIV
First Trust NASDAQ Technology Dividend Index FundTechnology Equities, Dividend
83
30.57%
4.66BAug 2012AUGM vs TDIV
KNG
FT Cboe Vest S&P 500 Dividend Aristocrats Target I...Dividend, S&P 500
20
2.20%
3.28BMar 2018AUGM vs KNG
QCLN
First Trust NASDAQ Clean Edge Green Energy Index F...Alternative Energy Equities
89
52.94%
895.30MFeb 2007AUGM vs QCLN

Often Compared With AUGM

Investors most often compare AUGM with PMAU, MSOO, PRXV. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
PMAU
PGIM S&P 500 Max Buffer ETF - AugustDefined Outcome, S&P 500—
2.95%
—Jul 2025AUGM vs PMAU
MSOO
Leverage Shares 2x Capped Accelerated MSTR Monthly...Defined Outcome, Leveraged Equities—
-23.81%
—Aug 2025AUGM vs MSOO
PRXV
Praxis Impact Large Cap Value ETFLarge Cap Value Equities, ESG——53.64MApr 2025AUGM vs PRXV
PMJN
PGIM S&P 500 Max Buffer ETF - JuneDefined Outcome, S&P 500
95
2.33%
—May 2025AUGM vs PMJN
STEN
iShares Large Cap 10% Target Buffer Sep ETFDefined Outcome—
7.79%
—Sep 2025AUGM vs STEN
LJUL
Innovator Premium Income 15 Buffer ETF - JulyDefined Outcome
96
1.80%
—Jun 2024AUGM vs LJUL
PMSE
PGIM S&P 500 Max Buffer ETF - SeptemberDefined Outcome, S&P 500—
2.85%
—Aug 2025AUGM vs PMSE
CPSM
Calamos S&P 500 Structured Alt Protection ETF - Ma...Defined Outcome, S&P 500
97
2.27%
55.00MMay 2024AUGM vs CPSM
BUFP
PGIM Laddered S&P 500 Buffer 12 ETFDefined Outcome, S&P 500
86
6.23%
183.97MJun 2024AUGM vs BUFP
SMAX
iShares Large Cap Max Buffer Sep ETFDefined Outcome
93
3.09%
—Sep 2024AUGM vs SMAX
USO
United States Oil Fund LPOil & Gas
66
103.67%
1.92BApr 2006AUGM vs USO
DMAX
iShares Large Cap Max Buffer December ETFDefined Outcome
94
2.34%
136.60MDec 2024AUGM vs DMAX
PMOC
PGIM S&P 500 Max Buffer ETF - OctoberDefined Outcome, S&P 500—
2.83%
—Sep 2025AUGM vs PMOC
DBE
Invesco DB Energy FundOil & Gas
71
83.68%
99.79MJan 2007AUGM vs DBE
PBFR
PGIM Laddered S&P 500 Buffer 20 ETFDefined Outcome, S&P 500
90
4.52%
154.43MJun 2024AUGM vs PBFR
PQJA
PGIM Nasdaq-100 Buffer 12 ETF - JanuaryDefined Outcome, Nasdaq-100
82
8.72%
6.00MDec 2024AUGM vs PQJA
UGA
United States Gasoline Fund LPOil & Gas
69
75.49%
45.74MFeb 2008AUGM vs UGA
EAPR
Innovator Emerging Markets Power Buffer ETF - Apri...Defined Outcome
94
11.39%
100.91MMar 2021AUGM vs EAPR
ZMAY
Innovator Equity Defined Protection ETF - 1 Yr MayDefined Outcome
97
2.20%
—May 2025AUGM vs ZMAY
BNO
United States Brent Oil Fund LPOil & Gas
65
90.47%
95.54MJun 2010AUGM vs BNO

Compare AUGM with Any Fund or Stock

Compare AUGM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

 

Diversifiers

Pair AUGM with funds that move differently

FT Vest U.S. Equity Max Buffer ETF - August alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AUGM.

Explore AUGM Diversifiers