JANTAllianzIM U.S. Equity Buffer10 Jan ETF
The Fund seeks to match, at the end of the current Outcome Period, the share price returns of the SPDR S&P 500 ETF Trust (the Underlying ETF), up to a specified upside Cap, while providing a Buffer against the first 10% of Underlying ETF losses. The Cap and the Buffer will be reduced after taking into account management fees and other Fund fees and expenses. The current Outcome Period is from January 1, 2026 to December 31, 2026 .
AllianzIM · Since 2020 (5 years)
0.74%
#3444 out of 5,332 ETFs
$64M
#3127 out of 5,332 ETFs
0.00%
5 years
#2327 out of 5,332 ETFs
Performance
1 Year
+22.8%
3 Years
+17.2%
5 Years
+10.0%
What's inside
Asset allocation
Risk profile
8.0%
Moderate
-16.2%
Worst peak-to-trough loss
1.31
Excellent risk-adjusted returns
1.97
Good downside protection
Similar ETFs
Our take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Buffer ETF — downside protection at a cost
Defined-outcome funds cap upside (typically 8–20%) in exchange for partial downside protection (9–30%), priced via options. Fees are materially higher than the underlying index (often 0.70%+ vs 0.03–0.10%). For most pre-retirees, a simple stock/bond mix achieves similar downside behaviour at a fraction of the cost.
Source: Morningstar, 'Defined-Outcome ETFs: Useful or Uneconomic?' (2023)
Why we flagged this: strategy=structured_outcome + structured_outcome_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
Data updated on 2026-05-05