{"url":"https://etfiq.com/compare/buffer/ajan-vs-xbja","section":"compare","title":"AJAN vs XBJA: Cap, Buffer & Days Left | ETFIQ","description":"As of Oct 23, 2026 AJAN can gain 9.2% before its cap and XBJA 2.3%. Each can fall 3.7% and 8.7% before its buffer engages, on SPY.","as_of":"Oct 23, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which has more room to gain, AJAN or XBJA?","acceptedAnswer":{"@type":"Answer","text":"From their prices on Oct 23, 2026, AJAN can gain about 9.2% before its cap and XBJA about 2.3%, so AJAN has more room left this period."}},{"@type":"Question","name":"Which resets first, AJAN or XBJA?","acceptedAnswer":{"@type":"Answer","text":"AJAN ends its outcome period on Dec 31, 2027 and XBJA on Dec 31, 2026. A new cap is set the day after each."}},{"@type":"Question","name":"Which is cheaper, AJAN or XBJA?","acceptedAnswer":{"@type":"Answer","text":"AJAN and XBJA both charge 0.79% a year, so neither 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":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"AJAN vs XBJA","item":"https://etfiq.com/compare/buffer/ajan-vs-xbja"}]},{"@type":"WebPage","name":"AJAN vs XBJA: Cap, Buffer & Days Left","description":"As of Oct 23, 2026 AJAN can gain 9.2% before its cap and XBJA 2.3%. Each can fall 3.7% and 8.7% before its buffer engages, on SPY.","url":"https://etfiq.com/compare/buffer/ajan-vs-xbja","dateModified":"2026-10-23","abstract":"As of Oct 23, 2026 XBJA can fall 8.7% before its buffer engages and AJAN 3.7%, and XBJA 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 XBJA","description":"As of Oct 23, 2026 AJAN can gain 9.2% before its cap and XBJA 2.3%. Each can fall 3.7% and 8.7% before its buffer engages, on SPY.","dateModified":"2026-10-23","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/buffer/ajan-vs-xbja","license":"https://etfiq.com/license/","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":6525,"truncated":true,"content":"ETFIQ / Buffer ETFs / Compare ETFs / AJAN vs XBJA \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Oct 23, 2026 .\n\n AJAN vs XBJA: Cap, Buffer & Days Left\n\n As of Oct 23, 2026 XBJA can fall 8.7% before its buffer engages and AJAN 3.7%, and XBJA resets 365 days sooner.\n Copy this for sharing \n \n Both cost 0.79% a year; their one-year returns differ by 6.5 points; XBJA is 2.2 times larger.\n AJAN and XBJA at a glance. As of Oct 23, 2026. Source: ETFIQ. AJAN XBJA \n Expense ratio 0.79% 0.79% \n Net assets $42m $94m \n Total return, 1 year +4.0% +10.5% \n What it tracks SPY SPY \n Holdings in commo","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/","license_text":"Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, AJAN against XBJA, data as of Oct 23, 2026. https://etfiq.com/compare/buffer/ajan-vs-xbja","a":{"ticker":"AJAN","name":"Innovator Equity Defined Protection ETF - Jan 2028","issuer":"Innovator","desk":"buffer","as_of":"2026-10-23","verdict":"Since Dec 31, 2025, AJAN returned 3.2%, against 11.4% for SPY. It can gain 9.2% more before its cap.","url":"https://etfiq.com/funds/ajan","key_facts":[{"label":"Can still gain from today\u2019s fund price","value":"9.2%","as_of":"2026-10-23","source":null},{"label":"Fall before the buffer from today\u2019s fund price","value":"3.7%","as_of":"2026-10-23","source":null},{"label":"Protection left, index points","value":"100.0%","as_of":"2026-10-23","source":null},{"label":"Days to reset","value":"434","as_of":"2026-10-23","source":null},{"label":"Net assets","value":"$42m","as_of":"2026-10-23","source":"issuer page, as of Oct 23, 2026"},{"label":"Expense ratio","value":"0.79%","as_of":"2026-10-23","source":"issuer page, Oct 23, 2026"}]},"b":{"ticker":"XBJA","name":"Innovator U.S. Equity Accelerated 9 Buffer ETF - Jan","issuer":"Innovator","desk":"buffer","as_of":"2026-10-23","verdict":"Since Dec 31, 2025, XBJA returned 8.8%, against 11.4% for SPY. It can gain 2.3% more before its cap.","url":"https://etfiq.com/funds/xbja","key_facts":[{"label":"Can still gain from today\u2019s fund price","value":"2.3%","as_of":"2026-10-23","source":null},{"label":"Fall before the buffer from today\u2019s fund price","value":"8.7%","as_of":"2026-10-23","source":null},{"label":"Protection left, index points","value":"9.0%","as_of":"2026-10-23","source":null},{"label":"Days to reset","value":"69","as_of":"2026-10-23","source":null},{"label":"Net assets","value":"$94m","as_of":"2026-10-23","source":"issuer page, as of Oct 23, 2026"},{"label":"Expense ratio","value":"0.79%","as_of":"2026-10-23","source":"issuer page, Oct 23, 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-xbja"}