EALT vs JANT: which one stands where?

As of Oct 1, 2026 JANT can fall 9.6% before its buffer engages and EALT 5.0%. Innovator U.S. Equity 5 to 15 Buffer ETF - Quarterly and AllianzIM U.S. Equity Buffer10 ETF - Jan.

5.0%
EALT can fall this far before its buffer
9.6%
JANT can fall this far before its buffer
7.0%
EALT can still gain
4.7%
JANT can still gain
EALTBetween buffer and cap
Between buffer and capEALT: reference 0.0% since period start, fund 0.0%; buffer −5 to −15; cap +7.0%; Between buffer and cap.10 pts of buffer+7% more to the cap−15.0% floor−5.0% buffer start0% period start+7.0% capTODAY · SPY 0.0%Between buffer and capEALT: reference 0.0% since period start, fund 0.0%; buffer −5 to −15; cap +7.0%; Between buffer and cap.10 pts−15.0% floor−5.0% buffer start0% start+7.0% capTODAY · SPY 0.0%

EALT: reference 0.0% since period start, fund 0.0%; buffer −5 to −15; cap +7.0%; Between buffer and cap.

JANTBetween buffer and cap
Between buffer and capJANT: reference +11.8% since period start, fund +9.7%; buffer 0 to −10; cap +15.6%; Between buffer and cap.10 pts of buffer+11.8% gain captured−10.0% floor0% period start+15.6% capTODAY · SPY +11.8%Between buffer and capJANT: reference +11.8% since period start, fund +9.7%; buffer 0 to −10; cap +15.6%; Between buffer and cap.10 pts+11.8%−10.0% floor0% start+15.6% capTODAY · SPY +11.8%

JANT: reference +11.8% since period start, fund +9.7%; buffer 0 to −10; cap +15.6%; Between buffer and cap.

ETFIQ Downside Cover Score · EALT scores higherIf the market falls into a bear market from here, how much does the buffer absorb?
0.2, the lowest in this set99.8, the highest

A percentile among the 293 buffer ETFs with a live outcome period. It is a position in a set, not a rating, and neither end of it is a recommendation. All buffer ETFs ranked by it → How it is computed →

Where each one stands today

EALT resets first, on Dec 31, 2026, 92 days from now; JANT runs to Dec 31, 2026, 92 days. EALT can still gain 7.0% before its cap, JANT 4.7%. A fall from here reaches EALT’s buffer after 5.0% and JANT’s after 9.6%. 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 returnGap to the reference
WindowEALTJANTEALTJANT
3 months+2.1%+2.8%−0.4 pts+0.3 pts
6 months+8.3%+12.1%−8.7 pts−4.9 pts
1 year+5.8%+13.7%−9.9 pts−2.0 pts
3 yearsnot published+60.9%not published−24.1 pts

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

On the same fields

EALT
Innovator U.S. Equity 5 to 15 Buffer ETF - Quarterly · Absorbs losses from 5.0% to 15.0% on SPY and caps the gain at 7.0%, over a period ending Dec 31, 2026
JANT
AllianzIM U.S. Equity Buffer10 ETF - Jan · Absorbs the first 10% of loss on SPY and caps the gain at 15.6%, over a period ending Dec 31, 2026
Issuer Innovator AllianzIM
Reference index SPY SPY
Buffer 5% to 15% 10%
Outcome period Sep 30, 2026 to Dec 31, 2026 Jan 1, 2026 to Dec 31, 2026
Days left 92 92
Starting cap +7.0% +15.6%
Can still gain 7.0% 4.7%
Fall before buffer 5.0% 9.6%
Protection left, index points 10.0% of 10.0% 10.0% of 10.0%
Index return this period 0.0% +11.8%
Fund return this period 0.0% +9.7%
State today Open Open
Expense ratio 0.69% 0.74%
Net assets $181m $62m

EALT and JANT on the same fields, as of Oct 1, 2026. Source: ETFIQ.

EALT in plain words

From its price on Oct 1, 2026, the fund can gain about 7.0% more before it reaches its cap. The fund's price can fall 5.0% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 5.0% from today's level to the point where the buffer begins. Protection left, in index points: 10.0% of the 10.0% 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.

JANT in plain words

From its price on Oct 1, 2026, the fund can gain about 4.7% more before it reaches its cap. The fund's price can fall 9.6% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 10.6% from today's level to the point where the buffer begins.

Questions people ask

Which has more room to gain, EALT or JANT?
From their prices on Oct 1, 2026, EALT can gain about 7.0% before its cap and JANT about 4.7%, so EALT has more room left this period.
Which resets first, EALT or JANT?
EALT ends its outcome period on Dec 31, 2026 and JANT on Dec 31, 2026. A new cap is set the day after each.
Which is cheaper, EALT or JANT?
EALT charges 0.69% a year and JANT charges 0.74%, so EALT is cheaper. Fees come from each fund's prospectus.
Cite this page

ETFIQ, EALT against JANT, data as of Oct 1, 2026. https://etfiq.com/compare/buffer/ealt-vs-jant

Open data

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