Which resets first, AIOO or FLJJ?

AIOO ends its outcome period on Dec 31, 2026 and FLJJ on Dec 31, 2026. A new cap is set the day after each.

Which is cheaper, AIOO or FLJJ?

AIOO charges 0.64% a year and FLJJ charges 0.74%, so AIOO is cheaper. Fees come from each fund's prospectus.

AIOO vs FLJJ: which one stands where?

As of Oct 1, 2026 FLJJ can fall 6.9% before its buffer engages and AIOO 0.0%. AllianzIM U.S. Equity Buffer100 ETF - Jan and AllianzIM U.S. Equity Floor5 ETF - Jan.

0.0%

AIOO can fall this far before its buffer

6.9%

FLJJ can fall this far before its buffer

uncapped

AIOO can still gain

4.9%

FLJJ can still gain

AIOONo cap

AIOO: reference 0.0% since period start, fund 0.0%; buffer Floor; no cap; No cap.

FLJJFull floor

FLJJ: reference +2.1% since period start, fund +1.6%; buffer −5 to floor; cap +7.0%; Full floor.

AIOO has no cap. It takes 30% of whatever the index does, where FLJJ takes all of the rise up to 7.0% and nothing above it.

Both are AllianzIM funds, so the difference between them is the terms rather than the house.

Where each one stands today

AIOO resets first, on Dec 31, 2026, 92 days from now; FLJJ runs to Dec 31, 2026, 92 days. A fall from here reaches AIOO’s buffer after 0.0% and FLJJ’s after 6.9%. Both track SPY, so what separates them is where each is in its own period.

Every figure is ETFIQ’s own, from the issuer’s published outcome-period terms. A buffer ETF holds FLEX options on its reference index rather than shares, so there is no holdings overlap between two of them to report.

Performance, window by window

	Total return		Gap to the reference
Window	AIOO	FLJJ	AIOO	FLJJ
3 months	+0.4%	+1.8%	−2.1 pts	−0.8 pts
6 months	+2.9%	+9.1%	−14.1 pts	−7.9 pts
1 year	+3.6%	+10.1%	−12.1 pts	−5.7 pts

AIOO and FLJJ over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

AIOO

AllianzIM U.S. Equity Buffer100 ETF - Jan · Absorbs the whole loss on SPY and does not cap the gain, over a period ending Dec 31, 2026

FLJJ

AllianzIM U.S. Equity Floor5 ETF - Jan · Absorbs losses from 5.0% to 100.0% on SPY and caps the gain at 7.0%, over a period ending Dec 31, 2026

Issuer AllianzIM AllianzIM

Reference index SPY SPY

Buffer 100% 5% to 100%

Outcome period Oct 1, 2026 to Dec 31, 2026 Jul 1, 2026 to Dec 31, 2026

Days left 92 92

Starting cap uncapped +7.0%

Can still gain uncapped 4.9%

Fall before buffer 0.0% 6.9%

Protection left, index points 100.0% of 100.0% 95.0% of 95.0%

Index return this period 0.0% +2.1%

Fund return this period 0.0% +1.6%

State today Uncapped Open

Expense ratio 0.64% 0.74%

Net assets $50m $9m

AIOO and FLJJ on the same fields, as of Oct 1, 2026. Source: ETFIQ.

AIOO in plain words

This fund has no cap. It takes a share of any further rise in SPY. Protection left, in index points: 100.0% of the 100.0% buffer still sits below today's SPY level. 92 days remained on Oct 1, 2026. On Dec 31, 2026 the period ends and a new cap is set.

FLJJ in plain words

From its price on Oct 1, 2026, the fund can gain about 4.9% more before it reaches its cap. The fund's price can fall 6.9% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 7.0% from today's level to the point where the buffer begins. Protection left, in index points: 95.0% of the 95.0% buffer still sits below today's SPY level.

Questions people ask

Which resets first, AIOO or FLJJ?: AIOO ends its outcome period on Dec 31, 2026 and FLJJ on Dec 31, 2026. A new cap is set the day after each.
Which is cheaper, AIOO or FLJJ?: AIOO charges 0.64% a year and FLJJ charges 0.74%, so AIOO is cheaper. Fees come from each fund's prospectus.

Other comparisons

AIOO vs PBJA AIOO vs PBOC AIOO vs PJAN AIOO vs PMJA FLJJ vs AJAN FLJJ vs BALT FLJJ vs BJAN FLJJ vs CPSD

SPDR® S&P 500® ETF Trust →AIOO on its own →FLJJ on its own →How every figure is computed →Standards and sources →

Where these figures came from

AIOO and FLJJ filings on SEC EDGAR ↗AllianzIM page for AIOO ↗AllianzIM page for FLJJ ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, AIOO against FLJJ, data as of Oct 1, 2026. https://etfiq.com/compare/buffer/aioo-vs-fljj

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.