PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

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

ETF · Currency in USD · Last updated Jul 14, 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 215 ETFs in the Defined Outcome category with lower expense ratios, going as low as 0.25%.

SymbolNameExpense RatioAUMInception
JULB
Aptus July Buffer ETF0.25%—Oct 2025AUGM vs JULB
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
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 94. There are 59 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
CPSP
Calamos S&P 500 Structured Alt Protection ETF - Ap...
98
19.60MApr 2025AUGM vs CPSP
MMAX
iShares Large Cap Max Buffer Mar ETF
98
—Mar 2025AUGM vs MMAX
ZAPR
Innovator Equity Defined Protection ETF - 1 Yr Apr...
98
—Apr 2025AUGM vs ZAPR
XBAP
Innovator U.S. Equity Accelerated 9 Buffer ETF - A...
98
134.85MMar 2021AUGM vs XBAP

Top Performing AUGM Alternatives (YTD)

AUGM is at 3.30% YTD. There are 207 ETFs in the Defined Outcome category with higher YTD returns, going as high as 16.35%.

SymbolNameYTD ReturnAUMInception
NVDO
Leverage Shares 2x Capped Accelerated NVDA Monthly...
16.35%
—Aug 2025AUGM vs NVDO
KFEB
Innovator U.S. Small Cap Power Buffer ETF - Februa...
13.34%
—Jan 2025AUGM vs KFEB
KAPR
Innovator Russell 2000 Power Buffer ETF - April
12.71%
214.51MMar 2020AUGM vs KAPR
QMAR
FT Cboe Vest Nasdaq-100 Buffer ETF - March
12.33%
568.10MMar 2021AUGM vs QMAR
QB
ProShares Nasdaq-100 Dynamic Daily Buffer ETF
12.15%
2.84MJun 2025AUGM vs QB

Lowest Volatility Alternatives to AUGM

AUGM has 2.22% 1-year volatility. There are 37 ETFs in the Defined Outcome category with lower 1-year volatility, going as low as 1.16%.

SymbolNameVolatility 1YAUMInception
PMAP
PGIM S&P 500 Max Buffer ETF - April1.16%—Mar 2025AUGM vs PMAP
APXM
FT Vest U.S. Equity Max Buffer ETF - April1.24%—Apr 2025AUGM vs APXM
PMMY
PGIM S&P 500 Max Buffer ETF - May1.31%—Apr 2025AUGM vs PMMY
CPSP
Calamos S&P 500 Structured Alt Protection ETF - Ap...1.34%19.60MApr 2025AUGM vs CPSP
MMAX
iShares Large Cap Max Buffer Mar ETF1.42%—Mar 2025AUGM vs MMAX

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 -0.35%.

SymbolNameMax Drawdown 1YAUMInception
PMAP
PGIM S&P 500 Max Buffer ETF - April
-0.35%
—Mar 2025AUGM vs PMAP
CPSP
Calamos S&P 500 Structured Alt Protection ETF - Ap...
-0.37%
19.60MApr 2025AUGM vs CPSP
ZAPR
Innovator Equity Defined Protection ETF - 1 Yr Apr...
-0.40%
—Apr 2025AUGM vs ZAPR
MMAX
iShares Large Cap Max Buffer Mar ETF
-0.46%
—Mar 2025AUGM vs MMAX
CPSM
Calamos S&P 500 Structured Alt Protection ETF - Ma...
-0.49%
56.60MMay 2024AUGM vs CPSM

Other ETFs from First Trust

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

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
CIBR
First Trust NASDAQ Cybersecurity ETFCybersecurity, Technology Equities
34
28.87%
14.26BJul 2015AUGM vs CIBR
GRID
First Trust NASDAQ Clean Edge Smart Grid Infrastru...Alternative Energy Equities
58
19.10%
11.74BNov 2009AUGM vs GRID
AIRR
First Trust RBA American Industrial Renaissance ET...Building & Construction
66
23.60%
10.80BMar 2014AUGM vs AIRR
NFTY
First Trust India NIFTY 50 Equal Weight ETFIndia Equities, Equal Weight, Asia Pacific Equities
4
-7.65%
132.86MFeb 2012AUGM vs NFTY
FDL
First Trust Morningstar Dividend Leaders Index Fun...Large Cap Value Equities, Dividend
76
15.23%
7.48BMar 2006AUGM vs FDL
IGLD
FT Vest Gold Strategy Target Income ETFGold, Derivative Income, Precious Metals
18
-7.95%
510.89MMar 2021AUGM vs IGLD
FTXL
First Trust Nasdaq Semiconductor ETFSemiconductors, Technology Equities
94
86.56%
2.46BSep 2016AUGM vs FTXL
TDIV
First Trust NASDAQ Technology Dividend Index FundTechnology Equities, Dividend
44
17.47%
4.34BAug 2012AUGM vs TDIV
QCLN
First Trust NASDAQ Clean Edge Green Energy Index F...Alternative Energy Equities
54
20.15%
718.18MFeb 2007AUGM vs QCLN
KNG
FT Vest S&P 500 Dividend Aristocrats Target Income...Dividend, S&P 500
34
8.48%
3.40BMar 2018AUGM vs KNG

Often Compared With AUGM

Investors most often compare AUGM with PMAU, MSOO, STEN. 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—
3.59%
—Jul 2025AUGM vs PMAU
MSOO
Leverage Shares 2x Capped Accelerated MSTR Monthly...Defined Outcome, Leveraged Equities—
-26.25%
—Aug 2025AUGM vs MSOO
STEN
iShares Large Cap 10% Target Buffer Sep ETFDefined Outcome—
8.25%
—Sep 2025AUGM vs STEN
PMJN
PGIM S&P 500 Max Buffer ETF - JuneDefined Outcome, S&P 500
94
2.32%
—May 2025AUGM vs PMJN
PRXV
Praxis Impact Large Cap Value ETFLarge Cap Value Equities, ESG——53.64MApr 2025AUGM vs PRXV
PMSE
PGIM S&P 500 Max Buffer ETF - SeptemberDefined Outcome, S&P 500—
3.38%
—Aug 2025AUGM vs PMSE
PMOC
PGIM S&P 500 Max Buffer ETF - OctoberDefined Outcome, S&P 500—
3.37%
—Sep 2025AUGM vs PMOC
LJUL
Innovator Premium Income 15 Buffer ETF - JulyDefined Outcome
97
2.27%
—Jun 2024AUGM vs LJUL
BUFP
PGIM Laddered S&P 500 Buffer 12 ETFDefined Outcome, S&P 500
87
6.76%
213.82MJun 2024AUGM vs BUFP
TMAR
FT Vest Emerging Markets Buffer ETF - MarchDefined Outcome
82
10.79%
—Mar 2025AUGM vs TMAR
USO
United States Oil Fund LPOil & Gas
41
70.32%
1.92BApr 2006AUGM vs USO
SMAX
iShares Large Cap Max Buffer Sep ETFDefined Outcome
94
3.62%
—Sep 2024AUGM vs SMAX
DBE
Invesco DB Energy FundOil & Gas
53
66.08%
85.45MJan 2007AUGM vs DBE
DMAX
iShares Large Cap Max Buffer December ETFDefined Outcome
95
2.77%
137.28MDec 2024AUGM vs DMAX
UGA
United States Gasoline Fund LPOil & Gas
78
81.31%
118.98MFeb 2008AUGM vs UGA
PQJA
PGIM Nasdaq-100 Buffer 12 ETF - JanuaryDefined Outcome, Nasdaq-100
80
8.11%
28.49MDec 2024AUGM vs PQJA
EAPR
Innovator Emerging Markets Power Buffer ETF - Apri...Defined Outcome
77
8.12%
104.11MMar 2021AUGM vs EAPR
PQAP
PGIM Nasdaq-100 Buffer 12 ETF - AprilDefined Outcome, Nasdaq-100
97
11.39%
25.92MDec 2024AUGM vs PQAP
ZMAY
Innovator Equity Defined Protection ETF - 1 Yr MayDefined Outcome
96
2.20%
—May 2025AUGM vs ZMAY
PBFR
PGIM Laddered S&P 500 Buffer 20 ETFDefined Outcome, S&P 500
92
5.10%
194.07MJun 2024AUGM vs PBFR

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