Data as of Nov 4, 2026.
FLJJ vs GDEC: Cap, Buffer & Days Left
As of Nov 4, 2026 GDEC can fall 9.2% before its buffer engages and FLJJ 7.4%, and GDEC resets 13 days sooner.
askIQ about this page
askIQ about FLJJ and GDEC
Net assets on Nov 3, 2026: $8.5m for AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF - Jan and $426m for FT Vest U.S. Equity Moderate Buffer ETF - December.
FLJJ: reference +2.7% since period start, fund +2.1%; buffer −5 to floor; cap +7.0%; Full floor. Data to Nov 4, 2026.
FLJJ: reference +2.7% since period start, fund +2.1%; buffer −5 to floor; cap +7.0%; Full floor. Data to Nov 4, 2026.GDEC: reference +12.7% since period start, fund +9.2%; buffer 0 to −15; cap +12.1%; At its cap. Data to Nov 4, 2026.
GDEC: reference +12.7% since period start, fund +9.2%; buffer 0 to −15; cap +12.1%; At its cap. Data to Nov 4, 2026.Pair scorecard
FLJJ costs 0.11 points a year less; their one-year returns differ by 1.5 points; GDEC is far larger, $426m against $8.5m.
Points (pts) are percentage points.
| Measure | FLJJ | GDEC |
|---|---|---|
| Return | ||
| Total return, 1 year | +9.9% | +11.4% |
| Drawdown | ||
| Index fall to the buffer | 7.5% | 11.2% |
| Benchmark | ||
| What it tracks | SPY | SPY |
| Cost and size | ||
| Expense ratio | 0.74% | 0.85% |
| Net assets, as of Nov 3, 2026 | $8.5m | $426m |
| Holdings | ||
| Holdings in common | not published | |
Window by window
| Total return | Gap to the reference's price return | |||
|---|---|---|---|---|
| Window | FLJJ | GDEC | FLJJ | GDEC |
| 3 months | +0.5% | +1.7% | +0.9 pts | +2.1 pts |
| 6 months | +4.0% | +4.7% | −0.5 pts | +0.2 pts |
| 1 year | +9.9% | +11.4% | −3.6 pts | −2.2 pts |
| Since launchNot the same days: FLJJ Feb 2024 · GDEC Dec 2023 | +37.2% | +36.7% | −19.6 pts | −25.8 pts |
Each fund's gap is to its reference's price return, dividends left out: the basis the outcome period uses. Open this comparison in the app →
Side by side
As of Nov 4, 2026. Source: ETFIQ.
These are two different products. FLJJ is a floor fund, which caps how far a holder can fall. GDEC is a buffer fund, which absorbs the first part of a fall and leaves everything below it with the holder.
GDEC is already at its cap, so more rise in the index adds nothing to it before the period ends.
Where each one stands today
GDEC resets first, on Dec 18, 2026, 44 days from now; FLJJ runs to Dec 31, 2026, 57 days. FLJJ can still gain 4.4% before its cap, GDEC 1.8%. A fall from here reaches FLJJ’s buffer after 7.4% and GDEC’s after 9.2%. Both track SPY, so what separates them is where each is in its own period.
FLJJ
From its price on Nov 4, 2026, the fund can gain about 4.4% more before it reaches its cap. The fund's price can fall 7.4% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 7.5% from today's level to the point where the buffer begins. Protection left, in index points: 95.0% of the 95.0% buffer still sits below today's SPY level. 57 days remained on Nov 4, 2026. On Dec 31, 2026 the period ends and a new cap is set.
GDEC
SPY had already risen past this fund's cap of +12.1% for the period on Nov 4, 2026, so in index terms there is no more upside to collect. The fund's own price can still drift up to about 1.8% as the period runs out. The fund's price can fall 9.2% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 11.2% from today's level to the point where the buffer begins. Protection left, in index points: 15.0% of the 15.0% buffer still sits below today's SPY level. 44 days remained on Nov 4, 2026. On Dec 18, 2026 the period ends and a new cap is set.
Questions people ask
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
ETFIQ calculates every number from each issuer’s published outcome-period terms. Buffer ETFs hold options on an index, not shares, so there is no holdings overlap to report.
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, FLJJ against GDEC, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/fljj-vs-gdec
ETFIQ. (Nov 4, 2026). FLJJ against GDEC. Retrieved from https://etfiq.com/compare/buffer/fljj-vs-gdec
[FLJJ against GDEC (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/buffer/fljj-vs-gdec)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.