JANI vs. OCTU
JANI (AllianzIM International Equity Buffer15 Uncapped Jan ETF) and OCTU (AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF) are both Defined Outcome funds from AllianzIM. Both are actively managed. A 0.79 correlation means they provide meaningful diversification when combined. JANI charges 0.79%/yr vs 0.74%/yr for OCTU.
Performance
JANI vs. OCTU - Performance Comparison
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Returns By Period
JANI
- 1D
- -1.40%
- 1M
- -0.08%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
OCTU
- 1D
- -1.00%
- 1M
- -1.09%
- YTD
- 5.55%
- 6M
- 5.00%
- 1Y
- 16.94%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JANI vs. OCTU - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
JANI AllianzIM International Equity Buffer15 Uncapped Jan ETF | 1.59% |
OCTU AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF | 4.58% |
Correlation
The correlation between JANI and OCTU is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Feb 2, 2026 | 0.79 |
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Return for Risk
JANI vs. OCTU — Risk / Return Rank
JANI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
OCTU
JANI vs. OCTU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AllianzIM International Equity Buffer15 Uncapped Jan ETF (JANI) and AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF (OCTU). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| JANI | OCTU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.32 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.87 | — |
| Martin ratioReturn relative to average drawdown | — | 11.37 | — |
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Drawdowns
JANI vs. OCTU - Drawdown Comparison
The maximum JANI drawdown since its inception was -7.50%, smaller than the maximum OCTU drawdown of -11.24%. Use the drawdown chart below to compare losses from any high point for JANI and OCTU.
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Drawdown Indicators
| JANI | OCTU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.50% | -11.24% | +3.74% |
Max Drawdown (1Y)Largest decline over 1 year | — | -5.92% | — |
Current DrawdownCurrent decline from peak | -1.47% | -2.66% | +1.19% |
Average DrawdownAverage peak-to-trough decline | -2.33% | -1.69% | -0.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.49% | — |
Volatility
JANI vs. OCTU - Volatility Comparison
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Volatility by Period
| JANI | OCTU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.89% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.02% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 13.74% | 9.33% | +4.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.74% | 10.61% | +3.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.74% | 10.61% | +3.13% |
JANI vs. OCTU - Expense Ratio Comparison
JANI has a 0.79% expense ratio, which is higher than OCTU's 0.74% expense ratio.
Dividends
JANI vs. OCTU - Dividend Comparison
Neither JANI nor OCTU has paid dividends to shareholders.
Frequently Asked Questions
JANI and OCTU have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, OCTU is cheaper at 0.74% per year. The better choice depends on whether you care most about return, fees, risk, or income.
OCTU is cheaper with a 0.74% expense ratio, compared with 0.79% for JANI.
JANI and OCTU have nearly identical dividend yields, around 0.00%.
Their fees differ too: 0.79% for JANI and 0.74% for OCTU.
Find the right allocation for JANI and OCTU
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