Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

FLJJ vs XDEC: which one stands where?

As of Sep 19, 2026 XDEC can fall 7.4% before its buffer engages and FLJJ 6.8%, and XDEC resets 13 days sooner.

AllianzIM U.S. Equity Floor5 ETF - Jan and FT Vest U.S. Equity Enhance & Moderate Buffer ETF - December.

6.8%FLJJ can fall this far before its buffer
7.4%XDEC can fall this far before its buffer
5.1%FLJJ can still gain
1.9%XDEC can still gain
FLJJFull floor
full floor beneathfull floor−5.0% buffer start0% period start+7.0% capTODAY · SPY +2.0%full floor beneathfull floor−5.0% buffer start0% start+7.0% capTODAY · SPY +2.0%
XDECAt its cap
15 pts+10.1%−15.0% floor0% period start+10.1% capTODAY · SPY +11.9%−15.0% floor0% start+10.1% capTODAY · SPY +11.9%

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

Where each one stands today

XDEC resets first, on Dec 18, 2026, 91 days from now; FLJJ runs to Dec 31, 2026, 104 days. FLJJ can still gain 5.1% before its cap, XDEC 1.9%. A fall from here reaches FLJJ’s buffer after 6.8% and XDEC’s after 7.4%. 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

FLJJ and XDEC over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnGap to the reference
FLJJXDECFLJJXDEC
3 months+1.8%+2.2%−0.4 pts−0.1 pts
6 months+9.1%+8.9%−8.9 pts−9.1 pts
1 year+10.1%+9.4%−6.4 pts−7.2 pts
3 yearsnot published+31.6%not published−46.8 pts
Open the live comparison on ETFIQ
FLJJ and XDEC on the same fields, as of Sep 19, 2026. Source: ETFIQ.
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
XDEC
FT Vest U.S. Equity Enhance & Moderate Buffer ETF - December
Absorbs the first 15% of loss on SPY and caps the gain at 10.1%, over a period ending Dec 18, 2026
IssuerAllianzIMFirst Trust
Reference indexSPYSPY
Buffer5% to 100%15%
Outcome periodJul 1, 2026 to Dec 31, 2026Dec 22, 2025 to Dec 18, 2026
Days left10491
Starting cap+7.0%+10.1%
Can still gain5.1%1.9%
Fall before buffer6.8%7.4%
Protection left, index points95.0% of 95.0%15.0% of 15.0%
Index return this period+2.0%+11.9%
Fund return this period+1.5%+7.1%
State todayOpenAt cap
Expense ratio0.74%0.85%
Net assets$9m$201m

FLJJ in plain words

From its price on Sep 19, 2026, the fund can gain about 5.1% more before it reaches its cap. The fund's price can fall 6.8% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 6.9% 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. 104 days remained on Sep 19, 2026. On Dec 31, 2026 the period ends and a new cap is set.

XDEC in plain words

SPY had already risen past this fund's cap of +10.1% for the period on Sep 19, 2026, so in index terms there is no more upside to collect. The fund's own price can still drift up to about 1.9% as the period runs out. 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 10.7% 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. 91 days remained on Sep 19, 2026. On Dec 18, 2026 the period ends and a new cap is set.

Questions people ask

Which has more room to gain, FLJJ or XDEC?
From their prices on Sep 19, 2026, FLJJ can gain about 5.1% before its cap and XDEC about 1.9%, so FLJJ has more room left this period.
Which resets first, FLJJ or XDEC?
FLJJ ends its outcome period on Dec 31, 2026 and XDEC on Dec 18, 2026. A new cap is set the day after each.
Which is cheaper, FLJJ or XDEC?
FLJJ charges 0.74% a year and XDEC charges 0.85%, 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.

FLJJ against XDEC, ETFIQ, data as of Sep 19, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, FLJJ against XDEC, data as of Sep 19, 2026. https://etfiq.com/compare/buffer/fljj-vs-xdec Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources