Skip to content
etf.net

JANP vs SIXJ

PGIM S&P 500 Buffer 12 ETF - January

JANPBCboe

AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF

SIXJBCboe

Overlap

0.0%by weight

Expense ratio

JANP −0.24pt a year

JANP0.50%SIXJ0.74%

Avg volume · 30D

SIXJ 1.6×the volume

JANP9.3KSIXJ15.1K

JANP vs SIXJ Performance

Oct 31, 2025 – Nov 2, 2026

+11.1%JANP+10.2%SIXJ

Oct 31, 2025 to Nov 2, 2026. JANP +11.1%. SIXJ +10.2%. Use the arrow keys to read each point.0%2.5%5%7.5%Oct 2025May 2026Nov 2026
Expense ratio
JANP 0.50%, better
SIXJ 0.74%
Fund size
JANP $58M
SIXJ $148M
1Y total return
JANP +11.1%, better
SIXJ +10.2%
Holdings
JANP 4
SIXJ 3
Avg volume (30D)
JANP 9.3K sh
SIXJ 15.1K sh, better
NAV per share
JANP $35.64
SIXJ $37.15
52W range

ETF.net Grade

JANP: Cost 91, Risk 54, Mission not scored, Tradability 27, Holdings not scored, Durability 46. SIXJ: Cost 68, Risk 68, Mission not scored, Tradability 70, Holdings 53, Durability 57.
Pillar letters and Scores for JANP, SIXJ, with each pillar’s weight
PillarJANPSIXJ
Cost30% weightA91HigherB68
Mission25% weightNot scoredNot scored
Risk15% weightC54B68Higher
Tradability15% weightD27A70Higher
Holdings10% weightNot scoredC53
Durability5% weightC46B57Higher

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. JANP and SIXJ 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 ›

SIXJ ranks 4th and JANP 5th 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 5BBUFMAB Moderate Buffer ETFScore 64
  6. Rank 5BJANPPGIM S&P 500 Buffer 12 ETF - JanuaryScore 64
  7. Rank 7BJUNPPGIM S&P 500 Buffer 12 ETF - JuneScore 63

Our read on each fund

ETF.net Research

JANPBPGIM S&P 500 Buffer 12 ETF - January

SIXJBAllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF

In short

JANP No data

SIXJ Most buffer ETFs lock you into a 12-month cycle. SIXJ runs a six-month one, resetting each January and July: it tracks SPY's share-price move, absorbs the first 10% of losses, and takes a fresh upside cap twice a year.

Stated mandate

JANP No data

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

Why people hold it

JANP No data

  • SIXJ The 10% buffer and the cap reset every January 1 and July 1, so terms refresh twice a year instead of on the usual annual clock.
  • 0.74% expense ratio, on the lean side for a defined-outcome fund and below the typical fee among its shallow-buffer peers.
  • The reference asset is SPY itself, the original S&P 500 ETF, so the payoff is keyed to a plain vanilla benchmark rather than a bespoke index.
  • Rates among the stronger implementations in a crowded shallow-buffer field, alongside AllianzIM's other six-month siblings like SIXZ and SIXD.

Worth knowing

JANP No data

  • SIXJ Buffer and cap are designed to work over the full six-month period. Buy mid-period and you get whatever cushion and upside room remain at that moment.
  • It tracks SPY's share-price return, so dividends aren't passed through and the fund isn't structured to pay income.
  • Volume is light next to the largest buffer funds, so bid-ask spreads can run wider, especially in fast-moving markets.

Full JANP profile⁠

Full SIXJ profile⁠

JANP vs SIXJ Holdings

How JANP and SIXJ differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of JANP and 0.0% of SIXJ.

Level by level

  • Asset classAlternatives, Equity0.0%
  • Holdings0 in both0.0%
  • Countryby domicile100%

Sector

No Sector split for JANP.

Country, concentration and asset class

Country by domicile

Country weights in JANP and SIXJ, widest gap first
CountryMore in JANPMore in SIXJ
United StatesSame weight
SwitzerlandSame weight
ChinaSame weight
MexicoSame weight
IrelandSame weight
United KingdomSame weight

Concentration

Weight in the 10 largest Holdings

  • JANP101.6%
  • SIXJ100.8%

Securities held

  • JANP3
  • SIXJ2

Asset class

JANP
Alternatives
SIXJ
Equity

Holdings

  • Only in JANP3
  • In both0
  • Only in SIXJ2

Only in JANP

3 securities, 100% of JANP by weight

  • 4SPY Us 12/31/26 C6.82100.32%
  • 4SPY Us 12/31/26 P681.920.66%
  • Net Current Assets<0.01%

Only in SIXJ

2 securities, 100% of SIXJ by weight

  • Spy 12/31/2026 5.53 C98.55%
  • Spy 12/31/2026 746.70 P1.96%

Weight gaps

JANP and SIXJ share no securities.

All JANP holdings⁠All 5 SIXJ 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.

JANP vs SIXJ Cost

Overpaying SIXJ vs JANP

$4,328

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

  • JANP 0.50%

    $9,979

  • SIXJ 0.74%

    $14,307

$10,000
30 years

Cost over time

  • JANP 0.50%
  • SIXJ 0.74%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530SIXJ $14,307JANP $9,979

Year by year

YearJANPSIXJOverpaying
10$900$1,319$419
20$3,460$5,015$1,555
30$9,979$14,307$4,328

Expense ratio

  • 0.50%JANP, cheaper
  • 0.74%SIXJ
  • Middle half of S&P 500 Buffer 9-12% funds
  • Median 0.79%

JANP 5th cheapest of 77 funds

SIXJ 17th cheapest of 77 funds

JANP vs SIXJ Dividends

Last 12 months to Nov 2, 2026
Payout (12M)
JANP None
SIXJ None

Distribution history

JANPAll JANP payments⁠

No distribution history available.

SIXJAll SIXJ payments⁠

No distribution history available.

JANP vs SIXJ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
JANP 6.3%since Feb 2024SIXJ 5.9%
Return per unit of riskSharpe ratio, 3 years
JANP 1.31since Feb 2024SIXJ 1.67
Worst fallMax drawdown, 5 years
JANP −12.2%since Jan 2024SIXJ −14.1%since Jan 2022
Market sensitivityBeta, 5 years
JANP 0.50SIXJ 0.46

Popular comparisons

  • JANPBvsZALTA

    PGIM S&P 500 Buffer 12 ETF - January · Innovator U.S. Equity 10 Buffer ETF - Quarterly

    Expense ratio
    0.50% · 0.69%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • SIXJBvsZALTA

    AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF · Innovator U.S. Equity 10 Buffer ETF - Quarterly

    Expense ratio
    0.74% · 0.69%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • JANPBvsAUGPB

    PGIM S&P 500 Buffer 12 ETF - January · PGIM S&P 500 Buffer 12 ETF - August

    Expense ratio
    0.50% · 0.50%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • SIXJBvsAUGPB

    AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF · PGIM S&P 500 Buffer 12 ETF - August

    Expense ratio
    0.74% · 0.50%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • JANPBvsTENJB

    PGIM S&P 500 Buffer 12 ETF - January · iShares Large Cap 10% Target Buffer Jun ETF

    Expense ratio
    0.50% · 0.53%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • SIXJBvsTENJB

    AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF · iShares Large Cap 10% Target Buffer Jun ETF

    Expense ratio
    0.74% · 0.53%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.