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FEBT vs TENJ

AllianzIM U.S. Equity Buffer10 Feb ETF

FEBTBCboe

iShares Large Cap 10% Target Buffer Jun ETF

TENJBCboe

Overlap

Expense ratio

TENJ −0.21pt a year

FEBT0.74%TENJ0.53%

Avg volume · 30D

TENJ 1.03×the volume

FEBT24KTENJ24.6K

FEBT vs TENJ Performance

Oct 31, 2025 – Oct 30, 2026

+12.2%FEBT+11.7%TENJ

Oct 31, 2025 to Oct 30, 2026. FEBT +12.2%. TENJ +11.7%. Use the arrow keys to read each point.0%5%15%Oct 2025Apr 2026Oct 2026
Expense ratio
FEBT 0.74%
TENJ 0.53%, better
Fund size
FEBT $102M
TENJ $47M
1Y total return
FEBT +12.2%, better
TENJ +11.7%
Yield (12M)
FEBT 0.00%
TENJ No data
Holdings
FEBT 2
TENJ 4
Avg volume (30D)
FEBT 24K sh
TENJ 24.6K sh, better
NAV per share
FEBT $42.54
TENJ $28.09
52W range

ETF.net Grade

FEBT: Cost 68, Risk 54, Mission not scored, Tradability 63, Holdings 46, Durability 44. TENJ: Cost 86, Risk 49, Mission not scored, Tradability 66, Holdings 51, Durability 41.
Pillar letters and Scores for FEBT, TENJ, with each pillar’s weight
PillarFEBTTENJ
Cost30% weightB68A86Higher
Mission25% weightNot scoredNot scored
Risk15% weightC54HigherC49
Tradability15% weightB63B66Higher
Holdings10% weightC46C51Higher
Durability5% weightC44HigherC41

Rank among S&P 500 Buffer 9-12% funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. FEBT and TENJ are both graded against the same 77 S&P 500 Buffer 9-12% funds, so their Grades compare head to head.

S&P 500 Buffer 9-12%⁠

Category · 77 funds
See all 77 ›

TENJ ranks 3rd and FEBT 16th of 77 funds in the S&P 500 Buffer 9-12% Category.

  1. Rank 1AZALTInnovator U.S. Equity 10 Buffer ETF - QuarterlyScore 77
  2. Rank 2BAUGPPGIM S&P 500 Buffer 12 ETF - AugustScore 67
  3. Rank 3BTENJiShares Large Cap 10% Target Buffer Jun ETFScore 66
  4. Rank 4BSIXJAllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETFScore 65
  5. Rank 14BSIXOAllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETFScore 60
  6. Rank 16BFEBTAllianzIM U.S. Equity Buffer10 Feb ETFScore 59
  7. Rank 16BSTENiShares Large Cap 10% Target Buffer Sep ETFScore 59

Our read on each fund

ETF.net Research

FEBTBAllianzIM U.S. Equity Buffer10 Feb ETF

TENJBiShares Large Cap 10% Target Buffer Jun ETF

In short

FEBT Allianz Life's hedging desk, packaged as an ETF. FEBT absorbs the first 10% of its S&P 500 ETF benchmark's price decline over each February-to-January stretch, trading away gains above a cap, at a fee under the buffer-fund norm.

TENJ No data

Stated mandate

FEBT The Fund seeks to match the share-price return of the SPDR S&P 500 ETF Trust over a specified one-year outcome period, subject to an upside cap and protection against the first 10% of losses.

TENJ No data

Why people hold it

  • FEBT Charges 0.74% a year, under the buffer-fund median and below same-benchmark rival BAPR (0.79%) and laddered BUFR (0.95%).
  • The options work is run in-house by AllianzIM, the Allianz Life arm that hedges the insurer's own annuity book, rather than farmed out.allianzlife.com
  • Plain, repeatable terms: a 10% downside buffer against the S&P 500 ETF's price return, capped upside, reset for a fresh one-year period every February 1.sec.gov
  • Sits in the upper half of its buffer-ETF peer group, helped by pricing below the cohort median.

TENJ No data

Worth knowing

  • FEBT Buffer and cap are set before fees (the prospectus puts the net buffer at 9.26%), and the payoff tracks share price only, so index dividends sit out.sec.gov
  • Buy mid-period and you get whatever cap and buffer remain, not the headline terms. The clean slate arrives each February 1.sec.gov
  • One of the smaller, thinner-traded funds in the buffer aisle, so the spread between bid and ask deserves a look before trading.

TENJ No data

Full FEBT profile⁠

Full TENJ profile⁠

FEBT vs TENJ Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FEBT vs TENJ Cost

Overpaying FEBT vs TENJ

$3,771

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FEBT 0.74%

    $14,307

  • TENJ 0.53%

    $10,536

$10,000
30 years

Cost over time

  • FEBT 0.74%
  • TENJ 0.53%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530FEBT $14,307TENJ $10,536

Year by year

YearFEBTTENJOverpaying
10$1,319$953$366
20$5,015$3,658$1,357
30$14,307$10,536$3,771

Expense ratio

  • 0.74%FEBT
  • 0.53%TENJ, cheaper
  • Middle half of S&P 500 Buffer 9-12% funds
  • Median 0.79%

TENJ 11th cheapest of 77 funds

FEBT 17th cheapest of 77 funds

FEBT vs TENJ Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
FEBT 0.00%
TENJ No data
Payout (12M)
FEBT None
TENJ No data
Last payment
FEBT No data
TENJ $0.07
Ex-dividend
FEBT No data
TENJ Dec 23, 2025
Paid on
FEBT No data
TENJ Dec 29, 2025
Frequency
FEBT No data
TENJ Irregular

Distribution history

Per share, 2024 to 2026, same scale for both

FEBT1 paymentAll FEBT payments⁠
One bar per payment. 1 payment from 2024 to 2026 YTD. Jan 16, 2024 $0.10. Use the arrow keys to read each point.$0$0.102026YTD
TENJIrregular · 1 paymentAll TENJ payments⁠
One bar per payment. 1 payment from 2024 to 2026 YTD. Dec 23, 2025 $0.07. Use the arrow keys to read each point.$0$0.102026YTD

FEBT vs TENJ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
FEBT 8.0%TENJ 8.6%since Nov 2025
Return per unit of riskSharpe ratio, 3 years
FEBT 1.55TENJ 0.90since Nov 2025
Worst fallMax drawdown, 5 years
FEBT −13.2%since Feb 2023TENJ −5.5%since Oct 2025
Market sensitivityBeta, 5 years
FEBT 0.65TENJ 0.63

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