JANI vs SPY

Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 505 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricJANISPYWinner
Expense Ratio0.79%0.09%
AUM$24M$789.1B
Dividend Yield0.00%1.01%
Holdings0505
YTD Return+5.42%+14.47%
1Y Return-+21.96%
3Y Return (annualized)-+21.70%
5Y Return (annualized)-+13.30%
Volatility (annualized)-15.3%
Max Drawdown-7.5%-56.5%
Fund FamilyAllianzIMState Street Investment Management
CategoryAlternativeEquity
InceptionJan 30, 2026Jan 22, 1993

JANI vs SPY Performance

AllianzIM International Equity Buffer15 Uncapped Jan ETF (JANI) is a ETF from AllianzIM and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, JANI is up 5.42% versus a gain of 14.47% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -7.5% for JANI and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

JANI charges 0.79% per year while SPY charges 0.09%. On a $10,000 position that is $79 vs $9 annually, a gap of $70 per year that compounds over a long holding period. On income, JANI currently yields 0.00% against 1.01% for SPY.

Frequently Asked Questions

Which is cheaper, JANI or SPY?

JANI has an expense ratio of 0.79% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $70 per year of difference.

Which pays a higher dividend, JANI or SPY?

JANI yields 0.00% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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