Which has more room to gain, FLJJ or QBSV?

From their prices on Oct 1, 2026, FLJJ can gain about 4.9% before its cap and QBSV about 4.9%, so QBSV has more room left this period.

Which resets first, FLJJ or QBSV?

FLJJ ends its outcome period on Dec 31, 2026 and QBSV on Dec 31, 2026. A new cap is set the day after each.

Which is cheaper, FLJJ or QBSV?

FLJJ charges 0.74% a year and QBSV charges 0.64%, so QBSV is cheaper. Fees come from each fund's prospectus.

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FLJJ vs QBSV: which one stands where?

As of Oct 1, 2026 FLJJ can fall 6.9% before its buffer engages and QBSV 0.2%. AllianzIM U.S. Equity Floor5 ETF - Jan and AllianzIM U.S. Equity Buffer5 ETF - Jan.

6.9%

FLJJ can fall this far before its buffer

0.2%

QBSV can fall this far before its buffer

4.9%

FLJJ can still gain

4.9%

QBSV can still gain

FLJJFull floor

FLJJ: reference +2.1% since period start, fund +1.6%; buffer −5 to floor; cap +7.0%; Full floor.

QBSVBetween buffer and cap

QBSV: reference 0.0% since period start, fund 0.0%; buffer 0 to −5; cap +5.1%; Between buffer and cap.

These are two different products. FLJJ is a floor fund, which caps how far a holder can fall. QBSV is a buffer fund, which absorbs the first part of a fall and leaves everything below it with the holder.

Both are AllianzIM funds, so the difference between them is the terms rather than the house.

Where each one stands today

FLJJ resets first, on Dec 31, 2026, 92 days from now; QBSV runs to Dec 31, 2026, 92 days. FLJJ can still gain 4.9% before its cap, QBSV 4.9%. A fall from here reaches FLJJ’s buffer after 6.9% and QBSV’s after 0.2%. 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	FLJJ	QBSV	FLJJ	QBSV
3 months	+1.8%	+2.2%	−0.8 pts	−0.3 pts
6 months	+9.1%	+8.2%	−7.9 pts	−8.8 pts
1 year	+10.1%	not published	−5.7 pts	not published

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

On the same fields

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

QBSV

AllianzIM U.S. Equity Buffer5 ETF - Jan · Absorbs the first 5% of loss on SPY and caps the gain at 5.1%, over a period ending Dec 31, 2026

Issuer AllianzIM AllianzIM

Reference index SPY SPY

Buffer 5% to 100% 5%

Outcome period Jul 1, 2026 to Dec 31, 2026 Oct 1, 2026 to Dec 31, 2026

Days left 92 92

Starting cap +7.0% +5.1%

Can still gain 4.9% 4.9%

Fall before buffer 6.9% 0.2%

Protection left, index points 95.0% of 95.0% 5.0% of 5.0%

Index return this period +2.1% 0.0%

Fund return this period +1.6% 0.0%

State today Open Open

Expense ratio 0.74% 0.64%

Net assets $9m $27m

FLJJ and QBSV on the same fields, as of Oct 1, 2026. Source: ETFIQ.

FLJJ in plain words

From its price on Oct 1, 2026, the fund can gain about 4.9% more before it reaches its cap. The fund's price can fall 6.9% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 7.0% 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. 92 days remained on Oct 1, 2026. On Dec 31, 2026 the period ends and a new cap is set.

QBSV in plain words

The fund's price can fall 0.2% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 0.0% from today's level to the point where the buffer begins. Protection left, in index points: 5.0% of the 5.0% buffer still sits below today's SPY level.

Questions people ask

Which has more room to gain, FLJJ or QBSV?: From their prices on Oct 1, 2026, FLJJ can gain about 4.9% before its cap and QBSV about 4.9%, so QBSV has more room left this period.
Which resets first, FLJJ or QBSV?: FLJJ ends its outcome period on Dec 31, 2026 and QBSV on Dec 31, 2026. A new cap is set the day after each.
Which is cheaper, FLJJ or QBSV?: FLJJ charges 0.74% a year and QBSV charges 0.64%, so QBSV is cheaper. Fees come from each fund's prospectus.

Other comparisons

FLJJ vs PQXV FLJJ vs PQXX FLJJ vs QBSF FLJJ vs SIXJ QBSV vs SEPM QBSV vs SIXO QBSV vs TOCT QBSV vs XBOC

SPDR® S&P 500® ETF Trust →FLJJ on its own →QBSV on its own →How every figure is computed →Standards and sources →

Where these figures came from

FLJJ and QBSV filings on SEC EDGAR ↗AllianzIM page for FLJJ ↗AllianzIM page for QBSV ↗

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.

Cite this page

ETFIQ, FLJJ against QBSV, data as of Oct 1, 2026. https://etfiq.com/compare/buffer/fljj-vs-qbsv

Open data

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