Data as of .
FLJJ vs JAJL: which one stands where?
As of Sep 21, 2026 FLJJ can fall 7.4% before its buffer engages and JAJL 1.6%, and JAJL resets 1 days sooner.
Where each one stands today
JAJL resets first, on Dec 31, 2026, 101 days from now; FLJJ runs to Dec 31, 2026, 102 days. FLJJ can still gain 4.3% before its cap, JAJL 2.5%. A fall from here reaches FLJJ’s buffer after 7.4% and JAJL’s after 1.6%. 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
| Window | Total return | Gap to the reference | ||
|---|---|---|---|---|
| FLJJ | JAJL | FLJJ | JAJL | |
| 3 months | +1.8% | +1.2% | −0.4 pts | −1.0 pts |
| 6 months | +9.1% | +4.0% | −8.9 pts | −14.0 pts |
| 1 year | +10.1% | +5.7% | −6.4 pts | −10.8 pts |
| FLJJ AllianzIM U.S. Equity Floor5 ETF - Jan Absorbs losses from 5.0% to 100.0% on SPY and caps the gain at 7.0%, over a period ending Dec 31, 2026 | JAJL Innovator Equity Defined Protection ETF - 6 Mo Jan/Jul Absorbs the whole loss on SPY and caps the gain at 4.1%, over a period ending Dec 31, 2026 | |
|---|---|---|
| Issuer | AllianzIM | Innovator |
| Reference index | SPY | SPY |
| Buffer | 5% to 100% | 100% |
| Outcome period | Jul 1, 2026 to Dec 31, 2026 | Jun 30, 2026 to Dec 31, 2026 |
| Days left | 102 | 101 |
| Starting cap | +7.0% | +4.1% |
| Can still gain | 4.3% | 2.5% |
| Fall before buffer | 7.4% | 1.6% |
| Protection left, index points | 95.0% of 95.0% | 100.0% of 100.0% |
| Index return this period | +3.6% | +3.6% |
| Fund return this period | +2.2% | +1.4% |
| State today | Open | Open |
| Expense ratio | 0.74% | 0.79% |
| Net assets | $9m | $298m |
FLJJ in plain words
From its price on Sep 21, 2026, the fund can gain about 4.3% 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 figure. In index terms, SPY can fall 8.3% 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. 102 days remained on Sep 21, 2026. On Dec 31, 2026 the period ends and a new cap is set.
JAJL in plain words
From its price on Sep 21, 2026, the fund can gain about 2.5% more before it reaches its cap. The fund's price can fall 1.6% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 3.5% from today's level to the point where the buffer begins. Protection left, in index points: 100.0% of the 100.0% buffer still sits below today's SPY level. 101 days remained on Sep 21, 2026.
Questions people ask
- Which has more room to gain, FLJJ or JAJL?
- From their prices on Sep 21, 2026, FLJJ can gain about 4.3% before its cap and JAJL about 2.5%, so FLJJ has more room left this period.
- Which resets first, FLJJ or JAJL?
- FLJJ ends its outcome period on Dec 31, 2026 and JAJL on Dec 31, 2026. A new cap is set the day after each.
- Which is cheaper, FLJJ or JAJL?
- FLJJ charges 0.74% a year and JAJL charges 0.79%, so FLJJ 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, FLJJ against JAJL, data as of Sep 21, 2026. https://etfiq.com/compare/buffer/fljj-vs-jajl Free to use with attribution; the underlying files are at Open data.