AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF
$34.60+0.00 (+0.00%)
- Expense ratio
- 0.74%
- Fund size
- $9M
- 1Y return
- +10.8%
- Yield · Last 12 months
- —
- Holdings
- 4
- Volume · 30D
- 0M sh
- NAV per share
- $34.58
- 52W range
The ETF.net FLJJ Grade
Score 65 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.CScore 54Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 75Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 85Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 37Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 50Category rank
Our read on FLJJ
BMost protected-outcome funds absorb your first 5% of losses. This one draws the line at 5% instead: FLEX options on the SPDR S&P 500 ETF Trust, downside limited beyond 5%, upside capped, terms reset every six months.
The Fund uses FLEX Options referencing the SPDR® S&P 500® ETF Trust to seek matching returns through an outcome period, subject to an upside cap and protection against losses beyond 5%.
Why people hold it
- Floor, not buffer. The option package is built so losses past 5% don't reach you over the outcome period, instead of soaking up only the first slice of a drop.
- Six-month outcome periods reset each January and July, so the terms get repriced twice a year rather than locked in for a full twelve months.
- At 0.74%, it runs below the median fee in its protected-outcome group and under Innovator's SFLR at 0.89%, though the Calamos CPRJ/CPRY line sits at 0.69%.
- Among the floor-style funds tracked here, this one lands in the upper half of the group on build quality and cost.
Worth knowing
- The cap is set by option pricing when each period begins, so the next one is not knowable ahead of time.
- Small and lightly traded, so spreads can run wider than in mainstream index ETFs. Limit orders are the sane way in and out.
- Floor and cap are engineered for a period held start to finish. Step in mid-period and your effective protection and upside differ from the headline terms.
FLJJ Holdings
- Stocks
- 4
- 101%
- 4SPY 261231C00005680
Sectors
FLJJ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FLJJ |
|---|---|
| Year to date | +8.0% |
| 1 month | +0.8% |
| 3 months | +2.5% |
| 1 year | +10.8% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FLJJ |
|---|---|---|
| 2026 YTD | +8.0% | |
| 2025 | +11.4% | |
| 2024 | +14.2% |
FLJJ in the news
ETF.net Research hasn’t filed on FLJJ yet — coverage lands here as it’s written.
FLJJ Dividends
No distributions in the last 12 months.
FLJJ Risk
- 6.1%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.22
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −6.9%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.48
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FLJJ Cost
- The middle half of Other Floor Protected funds
- Median 0.79%
7 of the 18 Other Floor Protected funds charge less.