{"url":"https://etfiq.com/compare/buffer/ajan-vs-balt","section":"compare","title":"AJAN vs BALT: which one stands where? | ETFIQ","description":"As of Oct 1, 2026 AJAN can gain 9.6% before its cap and BALT 2.4%. Each can fall 3.3% and 0.0% before its buffer engages, on SPY.","as_of":"Oct 1, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which has more room to gain, AJAN or BALT?","acceptedAnswer":{"@type":"Answer","text":"From their prices on Oct 1, 2026, AJAN can gain about 9.6% before its cap and BALT about 2.4%, so AJAN has more room left this period."}},{"@type":"Question","name":"Which resets first, AJAN or BALT?","acceptedAnswer":{"@type":"Answer","text":"AJAN ends its outcome period on Dec 31, 2027 and BALT on Dec 31, 2026. A new cap is set the day after each."}},{"@type":"Question","name":"Which is cheaper, AJAN or BALT?","acceptedAnswer":{"@type":"Answer","text":"AJAN charges 0.79% a year and BALT charges 0.69%, so BALT is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Buffer ETFs","item":"https://etfiq.com/buffer/"},{"@type":"ListItem","position":3,"name":"AJAN vs BALT","item":"https://etfiq.com/compare/buffer/ajan-vs-balt"}]},{"@type":"WebPage","name":"AJAN vs BALT: which one stands where?","description":"As of Oct 1, 2026 AJAN can gain 9.6% before its cap and BALT 2.4%. Each can fall 3.3% and 0.0% before its buffer engages, on SPY.","url":"https://etfiq.com/compare/buffer/ajan-vs-balt","dateModified":"2026-10-01","abstract":"As of Oct 1, 2026 AJAN can fall 3.3% before its buffer engages and BALT 0.0%, and BALT resets 365 days sooner.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of AJAN and BALT","description":"As of Oct 1, 2026 AJAN can gain 9.6% before its cap and BALT 2.4%. Each can fall 3.3% and 0.0% before its buffer engages, on SPY.","dateModified":"2026-10-01","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/buffer/ajan-vs-balt","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/funds.json"}],"variableMeasured":["Remaining cap","Fall before the buffer engages","Protection left in index points","Starting buffer","Outcome period","Reference index return","Fund return","Days remaining","Expense ratio"],"keywords":["exchange-traded funds","ETF","Buffer ETFs","fund data","SEC filings"]}],"characters":5698,"truncated":true,"content":"ETFIQ / Buffer ETFs / Head to head / AJAN vs BALT \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Oct 1, 2026 .\n\n AJAN vs BALT: which one stands where?\n\n As of Oct 1, 2026 AJAN can fall 3.3% before its buffer engages and BALT 0.0%, and BALT resets 365 days sooner.\n Copy this for sharing \n \n Innovator Equity Defined Protection ETF - Jan 2028 and Innovator Defined Wealth Shield ETF - Quarterly.\n\n Download as PDF \n\n 3.3% AJAN can fall this far before its buffer \n 0.0% BALT can fall this far before its buffer \n 9.6% AJAN can still gain \n 2.4% BALT can still gain \n\n AJAN Full floor [AJAN: re","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Oct 1, 2026. https://etfiq.com/compare/buffer/ajan-vs-balt","a":{"ticker":"AJAN","name":"Innovator Equity Defined Protection ETF - Jan 2028","issuer":"Innovator","desk":"buffer","as_of":"2026-10-01","verdict":"As of Oct 1, 2026, AJAN is between its buffer and cap, with SPY up 11.8% since the period began.","url":"https://etfiq.com/funds/ajan","key_facts":[{"label":"Can still gain","value":"9.6%","as_of":"2026-10-01","source":null},{"label":"Fall before the buffer","value":"3.3%","as_of":"2026-10-01","source":null},{"label":"Protection left, index points","value":"100.0%","as_of":"2026-10-01","source":null},{"label":"Days to reset","value":"457","as_of":"2026-10-01","source":null},{"label":"Net assets","value":"$42m","as_of":"2026-10-01","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.79%","as_of":"2026-10-01","source":"issuer page, Oct 1, 2026"}]},"b":{"ticker":"BALT","name":"Innovator Defined Wealth Shield ETF - Quarterly","issuer":"Innovator","desk":"buffer","as_of":"2026-10-01","verdict":"As of Oct 1, 2026, BALT is between its buffer and cap, with SPY flat since the period began.","url":"https://etfiq.com/funds/balt","key_facts":[{"label":"Can still gain","value":"2.4%","as_of":"2026-10-01","source":null},{"label":"Fall before the buffer","value":"0.0%","as_of":"2026-10-01","source":null},{"label":"Protection left, index points","value":"20.0%","as_of":"2026-10-01","source":null},{"label":"Days to reset","value":"92","as_of":"2026-10-01","source":null},{"label":"Net assets","value":"$3.0bn","as_of":"2026-10-01","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.69%","as_of":"2026-10-01","source":"issuer page, Oct 1, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/buffer/ajan-vs-balt"}