Which resets first, JANI or YDEC?

JANI ends its outcome period on Dec 31, 2026 and YDEC on Dec 18, 2026. A new cap is set the day after each.

Which is cheaper, JANI or YDEC?

JANI charges 0.79% a year and YDEC charges 0.90%, so JANI is cheaper. Fees come from each fund's prospectus.

JANI vs YDEC: which one stands where?

As of Oct 1, 2026 YDEC can fall 7.3% before its buffer engages and JANI 2.6%, and YDEC resets 13 days sooner. AllianzIM International Equity Buffer15 Uncapped ETF - Jan and FT Vest International Equity Moderate Buffer ETF - December.

2.6%

JANI can fall this far before its buffer

7.3%

YDEC can fall this far before its buffer

uncapped

JANI can still gain

4.9%

YDEC can still gain

JANINo cap

JANI: reference +3.1% since period start, fund +1.9%; buffer 0 to −15; no cap; No cap.

YDECBetween buffer and cap

YDEC: reference +8.8% since period start, fund +6.9%; buffer 0 to −15; cap +13.0%; Between buffer and cap.

ETFIQ Downside Cover Score · JANI scores higherIf the market falls into a bear market from here, how much does the buffer absorb?

JANI 83.8

YDEC 61.1

0.2, the lowest in this set99.8, the highest

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

YDEC resets first, on Dec 18, 2026, 79 days from now; JANI runs to Dec 31, 2026, 92 days. A fall from here reaches JANI’s buffer after 2.6% and YDEC’s after 7.3%. Both track EFA, 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	JANI	YDEC	JANI	YDEC
3 months	−0.4%	+1.4%	−1.2 pts	+0.5 pts
6 months	+2.9%	+5.0%	−4.1 pts	−2.0 pts
1 year	not published	+8.5%	not published	−6.6 pts
3 years	not published	+32.7%	not published	−33.0 pts

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

On the same fields

JANI

AllianzIM International Equity Buffer15 Uncapped ETF - Jan · Absorbs the first 15% of loss on EFA and does not cap the gain, over a period ending Dec 31, 2026

YDEC

FT Vest International Equity Moderate Buffer ETF - December · Absorbs the first 15% of loss on EFA and caps the gain at 13.0%, over a period ending Dec 18, 2026

Issuer AllianzIM First Trust

Reference index EFA EFA

Buffer 15% 15%

Outcome period Feb 1, 2026 to Dec 31, 2026 Dec 22, 2025 to Dec 18, 2026

Days left 92 79

Starting cap uncapped +13.0%

Can still gain uncapped 4.9%

Fall before buffer 2.6% 7.3%

Protection left, index points 15.0% of 15.0% 15.0% of 15.0%

Index return this period +3.1% +8.8%

Fund return this period +1.9% +6.9%

State today Uncapped Open

Expense ratio 0.79% 0.90%

Net assets $24m $166m

JANI and YDEC on the same fields, as of Oct 1, 2026. Source: ETFIQ.

JANI in plain words

This fund has no cap. It takes a share of any further rise in EFA. The fund's price can fall 2.6% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, EFA can fall 3.0% 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 EFA level. 92 days remained on Oct 1, 2026. On Dec 31, 2026 the period ends and a new cap is set.

YDEC 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 7.3% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, EFA can fall 8.1% from today's level to the point where the buffer begins. 79 days remained on Oct 1, 2026. On Dec 18, 2026 the period ends and a new cap is set.

Questions people ask

Which resets first, JANI or YDEC?: JANI ends its outcome period on Dec 31, 2026 and YDEC on Dec 18, 2026. A new cap is set the day after each.
Which is cheaper, JANI or YDEC?: JANI charges 0.79% a year and YDEC charges 0.90%, so JANI is cheaper. Fees come from each fund's prospectus.

Other comparisons

JANI vs QBIF JANI vs QBIV JANI vs IBUF JANI vs IJAN YDEC vs IBUF YDEC vs QBIF YDEC vs QBIV YDEC vs IJAN

iShares® MSCI EAFE ETF →JANI on its own →YDEC on its own →How every figure is computed →Standards and sources →

Where these figures came from

JANI filings on SEC EDGAR ↗AllianzIM page for JANI ↗YDEC filings on SEC EDGAR ↗First Trust page for YDEC ↗

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, JANI against YDEC, data as of Oct 1, 2026. https://etfiq.com/compare/buffer/jani-vs-ydec

Open data

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