Data as of .
FDEC vs JANT: which one stands where?
As of Sep 21, 2026 JANT can fall 10.0% before its buffer engages and FDEC 10.0%, and FDEC resets 14 days sooner.
ETFIQ Downside Cover Score: FDEC scores higher
If the market falls into a bear market from here, how much does the buffer absorb?
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
FDEC resets first, on Dec 18, 2026, 88 days from now; JANT runs to Dec 31, 2026, 102 days. FDEC can still gain 3.4% before its cap, JANT 4.2%. A fall from here reaches FDEC’s buffer after 10.0% and JANT’s after 10.0%. 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
| Window | Total return | Gap to the reference | ||
|---|---|---|---|---|
| FDEC | JANT | FDEC | JANT | |
| 3 months | +2.5% | +2.6% | +0.3 pts | +0.3 pts |
| 6 months | +12.7% | +12.9% | −5.4 pts | −5.1 pts |
| 1 year | +13.9% | +13.9% | −2.7 pts | −2.7 pts |
| 3 years | +53.8% | +55.6% | −24.6 pts | −22.8 pts |
| FDEC FT Vest U.S. Equity Buffer ETF - December Absorbs the first 10% of loss on SPY and caps the gain at 14.8%, over a period ending Dec 18, 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 | First Trust | AllianzIM |
| Reference index | SPY | SPY |
| Buffer | 10% | 10% |
| Outcome period | Dec 22, 2025 to Dec 18, 2026 | Jan 1, 2026 to Dec 31, 2026 |
| Days left | 88 | 102 |
| Starting cap | +14.8% | +15.6% |
| Can still gain | 3.4% | 4.2% |
| Fall before buffer | 10.0% | 10.0% |
| Protection left, index points | 10.0% of 10.0% | 10.0% of 10.0% |
| Index return this period | +13.7% | +13.5% |
| Fund return this period | +10.1% | +10.2% |
| State today | Open | Open |
| Expense ratio | 0.85% | 0.74% |
| Net assets | $1.3bn | $62m |
FDEC in plain words
From its price on Sep 21, 2026, the fund can gain about 3.4% more before it reaches its cap. The fund's price can fall 10.0% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 12.0% 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. 88 days remained on Sep 21, 2026. On Dec 18, 2026 the period ends and a new cap is set.
JANT in plain words
From its price on Sep 21, 2026, the fund can gain about 4.2% more before it reaches its cap. In index terms, SPY can fall 11.9% from today's level to the point where the buffer begins. 102 days remained on Sep 21, 2026. On Dec 31, 2026 the period ends and a new cap is set.
Questions people ask
- Which has more room to gain, FDEC or JANT?
- From their prices on Sep 21, 2026, FDEC can gain about 3.4% before its cap and JANT about 4.2%, so JANT has more room left this period.
- Which resets first, FDEC or JANT?
- FDEC ends its outcome period on Dec 18, 2026 and JANT on Dec 31, 2026. A new cap is set the day after each.
- Which is cheaper, FDEC or JANT?
- FDEC charges 0.85% a year and JANT charges 0.74%, so JANT is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, FDEC against JANT, data as of Sep 21, 2026. https://etfiq.com/compare/buffer/fdec-vs-jant Free to use with attribution; the underlying files are at Open data.