AllianzIM U.S. Equity Buffer10 Jan ETF

Frequently Asked Questions About JANT

What does JANT invest in?

JANT uses options in an effort to moderate losses on shares of SPDR S&P 500 ETF Trust(ticker: SPY) over a one-year period, starting in January. In exchange for preventing realization of the first 10% of losses, the fund foregoes some upside return as well as the dividend component of SPY, because the options are written on the price return version of the shares. Should shares of SPY decline greater than 10%, investors participate in the downside performance on a $1 for $1 basis. The upside cap resets annually based on SPY's closing price on the business day prior to the outcome period begins. Even if shares are held for the entire outcome period, the intended results may differ. The issuer publishes the interim levels for the cap and downside buffer daily on its website. The targeted cap and buffer do not include the fund's expense ratio. The fund is actively managed and uses FLEX options on SPY shares exclusively. Before October 31, 2022, the fund traded under the ticker AZAJ. Prior to Dec. 22, 2025 the fund name specified Large Cap as the Equity exposure.

What is the expense ratio of JANT?

AllianzIM U.S. Equity Buffer10 Jan ETF (JANT) charges an expense ratio of 0.74%. This is the annual fee deducted from fund assets to cover management and operations.

How big is JANT?

AllianzIM U.S. Equity Buffer10 Jan ETF (JANT) manages $60.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is JANT actively managed or an index fund?

JANT is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (JANT's is 0.74%) in exchange for the discretion to over- or under-weight positions.

When was JANT launched?

AllianzIM U.S. Equity Buffer10 Jan ETF (JANT) launched in December 2020 and is managed by AllianzIM.

How has JANT performed?

JANT's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.