Data as of Oct 28, 2026.

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IEFA vs JANI: Differences, Returns & Fees

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IEFA and JANI are measured over different days, and IEFA charges 0.07% to JANI's 0.79%.

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Net assets: $190.4bn on Oct 28, 2026 for iShares Core MSCI EAFE ETF, and $23m on Oct 27, 2026 for AllianzIM International Equity Buffer15 Uncapped ETF - Jan.

At a glance
+12.3%
IEFA total return, 1 year
+0.6%
JANI total return, since launch, Feb 2, 2026
0.07%
IEFA expense ratio
0.79%
JANI expense ratio

Pair scorecard

IEFA costs 0.72 points a year less; IEFA is far larger, $190.1bn against $23m.

IEFA vs JANI: Differences, Returns & Fees
MeasureIEFAJANI
Return
Total return, 1 year+12.3%not published
Drawdown
Below its high4.7%, high on Aug 25, 2026
Index fall to the buffer2.8%
Fund price fall to the buffer2.1%
Benchmark
What it tracksMSCI EAFE IMI IndexEFA
The outcome period
Buffer left, in index points15.0% of 15.0%
Days left in the period64
Period endsDec 31, 2026
Cost and size
Expense ratio0.07%0.79%
Net assets, as of Oct 27, 2026$190.1bn$23m
Holdings
Holdings in commonnot published
In the S&P 500, by weight0%
Top ten holdings, share of the fund12.3%

Method

Side by side

IEFA iShares Core MSCI EAFE ETF JANI AllianzIM International Equity Buffer15 Uncapped ETF - Jan
Where it sits Stock ETF Buffer ETF
What it is Tracks the MSCI EAFE Defined outcome, 15% on EFA
Total return, 1 year +12.3% +0.6% (since launch, Feb 2, 2026)
Its benchmark over the same days +14.3% (ACWX) +2.2% (EFA) (since launch, Feb 2, 2026)
Gap to its benchmark −2.0 pts vs ACWX −1.6 pts vs EFA (since launch, Feb 2, 2026)
Expense ratio 0.07% 0.79%
Holdings 2629 not read by ETFIQ
Net assets, IEFA as of Oct 28, 2026 and JANI as of Oct 27, 2026 $190.4bn $23m

IEFA and JANI on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
IEFA

IEFA tracks the MSCI EAFE. Over the year to Oct 28, 2026 it returned +12.3% with distributions reinvested, against +14.3% for its benchmark, the MSCI ACWI ex USA Index. The prospectus expense ratio is 0.07% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2,629 positions, with the top ten at 12.3%. It sat 4.7% below its high of Aug 25, 2026 on Oct 28, 2026.

JANI

This fund has no cap. It takes a share of any further rise in EFA. The fund's price can fall 2.1% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, EFA can fall 2.8% from today's level to the point where the buffer begins. Protection left, in index points: 15.0% of the 15.0% buffer still sits below today's EFA level. 64 days remained on Oct 28, 2026. On Dec 31, 2026 the period ends and new terms are set.

Questions people ask

Are IEFA and JANI in the same category?
IEFA is a stock ETF and JANI is a buffer ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which is cheaper, IEFA or JANI?
IEFA is cheaper, by 0.72 percentage points a year. That is about $72 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
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ETFIQ, IEFA against JANI, data as of Oct 28, 2026. https://etfiq.com/compare/any/iefa-vs-jani

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