EALT vs JANW: which one stands where?
As of Oct 1, 2026 JANW can fall 7.2% before its buffer engages and EALT 5.0%. Innovator U.S. Equity 5 to 15 Buffer ETF - Quarterly and AllianzIM U.S. Equity Buffer20 ETF - Jan.
EALT: reference 0.0% since period start, fund 0.0%; buffer −5 to −15; cap +7.0%; Between buffer and cap.
JANW: reference +11.8% since period start, fund +6.9%; buffer 0 to −20; cap +10.5%; At its cap.
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 →
JANW is already at its cap, so more rise in the index adds nothing to it before the period ends.
Where each one stands today
EALT resets first, on Dec 31, 2026, 92 days from now; JANW runs to Dec 31, 2026, 92 days. EALT can still gain 7.0% before its cap, JANW 2.6%. A fall from here reaches EALT’s buffer after 5.0% and JANW’s after 7.2%. 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 | EALT | JANW | EALT | JANW |
| 3 months | +2.1% | +2.3% | −0.4 pts | −0.2 pts |
| 6 months | +8.3% | +8.0% | −8.7 pts | −9.0 pts |
| 1 year | +5.8% | +9.5% | −9.9 pts | −6.3 pts |
| 3 years | not published | +37.3% | not published | −47.7 pts |
EALT and JANW 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 and JANW 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.
JANW in plain words
SPY had already risen past this fund's cap of +10.5% for the period on Oct 1, 2026, so in index terms there is no more upside to collect. The fund's own price can still drift up to about 2.6% as the period runs out. The fund's price can fall 7.2% 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. Protection left, in index points: 20.0% of the 20.0% buffer still sits below today's SPY level.
Questions people ask
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.
ETFIQ, EALT against JANW, data as of Oct 1, 2026. https://etfiq.com/compare/buffer/ealt-vs-janw
Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.
Cite this page. ETFIQ, EALT against JANW, data as of Oct 1, 2026. https://etfiq.com/compare/buffer/ealt-vs-janw Free to use with attribution; the underlying files are at Open data.
Other forms
- Plain
- ETFIQ, EALT against JANW, data as of Oct 1, 2026. https://etfiq.com/compare/buffer/ealt-vs-janw
- APA
- ETFIQ. (Oct 1, 2026). EALT against JANW. Retrieved from https://etfiq.com/compare/buffer/ealt-vs-janw
- Markdown
- [EALT against JANW (ETFIQ, Oct 1, 2026)](https://etfiq.com/compare/buffer/ealt-vs-janw)