DECU vs. JANI

Last updated Jun 4, 2026

DECU (AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF) and JANI (AllianzIM International Equity Buffer15 Uncapped Jan ETF) are both Defined Outcome funds from AllianzIM. Both are actively managed. Their correlation of 0.81 suggests significant overlap in exposure. DECU charges 0.74%/yr vs 0.79%/yr for JANI.

Performance

DECU vs. JANI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF (DECU) and AllianzIM International Equity Buffer15 Uncapped Jan ETF (JANI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DECU

• 1D: -0.61%
• 1M: 3.88%
• YTD: 7.56%
• 6M: 7.40%
• 1Y: 18.55%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JANI

• 1D: -0.52%
• 1M: 2.36%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DECU vs. JANI - Yearly Performance Comparison

	2026 (YTD)
DECU AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF	6.32%
JANI AllianzIM International Equity Buffer15 Uncapped Jan ETF	1.62%

Correlation

The correlation between DECU and JANI is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 3, 2026	0.81

Return for Risk

DECU vs. JANI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DECU

DECU Risk / Return Rank: 65
DECU Sharpe Ratio Rank: 64
DECU Sortino Ratio Rank: 64
DECU Omega Ratio Rank: 64
DECU Calmar Ratio Rank: 67
DECU Martin Ratio Rank: 67

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DECU vs. JANI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF (DECU) and AllianzIM International Equity Buffer15 Uncapped Jan ETF (JANI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	DECU	JANI	Difference
Sharpe ratio: Return per unit of total volatility	2.11	—	—
Sortino ratio: Return per unit of downside risk	2.93	—	—
Omega ratio: Gain probability vs. loss probability	1.38	—	—
Calmar ratio: Return relative to maximum drawdown	3.30	—	—
Martin ratio: Return relative to average drawdown	12.25	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	DECU	JANI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.11	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.08	0.36	+0.72

Drawdowns

DECU vs. JANI - Drawdown Comparison

The maximum DECU drawdown since its inception was -10.66%, which is greater than JANI's maximum drawdown of -7.50%. Use the drawdown chart below to compare losses from any high point for DECU and JANI.

Drawdown Indicators

	DECU	JANI	Difference
Max Drawdown Largest peak-to-trough decline	-10.66%	-7.50%	-3.16%
Max Drawdown (1Y) Largest decline over 1 year	-5.65%	—	—
Current Drawdown Current decline from peak	-0.64%	-1.23%	+0.59%
Average Drawdown Average peak-to-trough decline	-1.73%	-2.54%	+0.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.52%	—	—

Volatility

Volatility by Period

	DECU	JANI	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.35%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.15%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	8.83%	13.66%	-4.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.58%	13.66%	-3.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.58%	13.66%	-3.08%

DECU vs. JANI - Expense Ratio Comparison

DECU has a 0.74% expense ratio, which is lower than JANI's 0.79% expense ratio.

Dividends

DECU vs. JANI - Dividend Comparison

Neither DECU nor JANI has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DECU and JANI in my portfolio?

DECU and JANI have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DECU or JANI?

On fees, DECU is cheaper at 0.74% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DECU or JANI?

DECU is cheaper with a 0.74% expense ratio, compared with 0.79% for JANI.

Which ETF pays a higher dividend yield, DECU or JANI?

DECU and JANI have nearly identical dividend yields, around 0.00%.

What is the main difference between DECU and JANI?

Their fees differ too: 0.74% for DECU and 0.79% for JANI.