JANI vs. QMAR

Last updated Jun 4, 2026

JANI (AllianzIM International Equity Buffer15 Uncapped Jan ETF) and QMAR (FT Cboe Vest Nasdaq-100 Buffer ETF - March) are both exchange-traded funds - JANI is a Defined Outcome fund actively managed by AllianzIM, while QMAR is a Nasdaq-100 fund actively managed by First Trust. Both are actively managed. A 0.72 correlation means they provide meaningful diversification when combined. JANI charges 0.79%/yr vs 0.90%/yr for QMAR.

Performance

JANI vs. QMAR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AllianzIM International Equity Buffer15 Uncapped Jan ETF (JANI) and FT Cboe Vest Nasdaq-100 Buffer ETF - March (QMAR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

JANI

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

QMAR

• 1D: -0.09%
• 1M: 2.81%
• YTD: 13.06%
• 6M: 14.01%
• 1Y: 23.38%
• 3Y*: 16.73%
• 5Y*: 12.13%
• 10Y*: —

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

JANI vs. QMAR - Yearly Performance Comparison

	2026 (YTD)
JANI AllianzIM International Equity Buffer15 Uncapped Jan ETF	1.62%
QMAR FT Cboe Vest Nasdaq-100 Buffer ETF - March	12.24%

Correlation

The correlation between JANI and QMAR is 0.72, 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 3, 2026	0.72

JANI vs. QMAR - Sectors Allocation Comparison

Sectors	JANI	QMAR
Financial Services	24.7%	0.2%
Industrials	19.8%	2.8%
Healthcare	10.6%	4.2%
Technology	10.3%	54.2%
Consumer Cyclical	7.7%	12.2%
Consumer Defensive	6.7%	7.6%
Basic Materials	5.9%	1.2%
Communication Services	4.5%	15.5%
Energy	4.0%	0.6%
Utilities	4.0%	1.4%
Real Estate	1.9%	0.1%

Return for Risk

JANI vs. QMAR — Risk / Return Rank

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

QMAR

QMAR Risk / Return Rank: 96
QMAR Sharpe Ratio Rank: 95
QMAR Sortino Ratio Rank: 97
QMAR Omega Ratio Rank: 97
QMAR Calmar Ratio Rank: 94
QMAR Martin Ratio Rank: 97

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.

JANI vs. QMAR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AllianzIM International Equity Buffer15 Uncapped Jan ETF (JANI) and FT Cboe Vest Nasdaq-100 Buffer ETF - March (QMAR). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	JANI	QMAR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.86	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.87	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.91	-0.55

Drawdowns

JANI vs. QMAR - Drawdown Comparison

The maximum JANI drawdown since its inception was -7.50%, smaller than the maximum QMAR drawdown of -19.83%. Use the drawdown chart below to compare losses from any high point for JANI and QMAR.

Drawdown Indicators

	JANI	QMAR	Difference
Max Drawdown Largest peak-to-trough decline	-7.50%	-19.83%	+12.33%
Max Drawdown (1Y) Largest decline over 1 year	—	-3.21%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.91%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.83%	—
Current Drawdown Current decline from peak	-1.23%	-0.19%	-1.04%
Average Drawdown Average peak-to-trough decline	-2.54%	-3.28%	+0.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.45%	—

Volatility

Volatility by Period

	JANI	QMAR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.27%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.85%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.66%	6.09%	+7.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.66%	13.97%	-0.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.66%	13.85%	-0.19%

JANI vs. QMAR - Expense Ratio Comparison

JANI has a 0.79% expense ratio, which is lower than QMAR's 0.90% expense ratio.

Dividends

JANI vs. QMAR - Dividend Comparison

Neither JANI nor QMAR has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both JANI and QMAR in my portfolio?

JANI and QMAR have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JANI or QMAR?

On fees, JANI is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JANI or QMAR?

JANI is cheaper with a 0.79% expense ratio, compared with 0.90% for QMAR.

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

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

What is the main difference between JANI and QMAR?

JANI is categorized as Defined Outcome, while QMAR is Nasdaq-100. They also come from different issuers: AllianzIM and First Trust. Their fees differ too: 0.79% for JANI and 0.90% for QMAR.