JUNW vs. AIOO

Last updated Jun 3, 2026

JUNW (AllianzIM U.S. Equity Buffer20 Jun ETF) and AIOO (AllianzIM U.S. Equity Buffer100 Protection ETF) are both Defined Outcome funds from Allianz. Both are actively managed. A 0.66 correlation means they provide meaningful diversification when combined. JUNW charges 0.74%/yr vs 0.64%/yr for AIOO.

Performance

JUNW vs. AIOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AllianzIM U.S. Equity Buffer20 Jun ETF (JUNW) and AllianzIM U.S. Equity Buffer100 Protection ETF (AIOO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JUNW achieves a 3.35% return, which is significantly higher than AIOO's 2.48% return.

JUNW

• 1D: 0.04%
• 1M: 0.67%
• YTD: 3.35%
• 6M: 4.17%
• 1Y: 10.38%
• 3Y*: 10.86%
• 5Y*: —
• 10Y*: —

AIOO

• 1D: 0.04%
• 1M: 1.11%
• YTD: 2.48%
• 6M: 2.55%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JUNW vs. AIOO - Yearly Performance Comparison

	2026 (YTD)	2025
JUNW AllianzIM U.S. Equity Buffer20 Jun ETF	3.35%	4.86%
AIOO AllianzIM U.S. Equity Buffer100 Protection ETF	2.48%	2.67%

Correlation

The correlation between JUNW and AIOO is 0.66, 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 Jul 2, 2025	0.66

Return for Risk

JUNW vs. AIOO — Risk / Return Rank

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

JUNW

JUNW Risk / Return Rank: 90
JUNW Sharpe Ratio Rank: 86
JUNW Sortino Ratio Rank: 92
JUNW Omega Ratio Rank: 94
JUNW Calmar Ratio Rank: 83
JUNW Martin Ratio Rank: 94

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.

JUNW vs. AIOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Equity Buffer20 Jun ETF (JUNW) and AllianzIM U.S. Equity Buffer100 Protection ETF (AIOO). 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.

	JUNW	AIOO	Difference
Sharpe ratio Return per unit of total volatility	2.91	—	—
Sortino ratio Return per unit of downside risk	4.56	—	—
Omega ratio Gain probability vs. loss probability	1.67	—	—
Calmar ratio Return relative to maximum drawdown	4.54	—	—
Martin ratio Return relative to average drawdown	27.87	—	—
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

	JUNW	AIOO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.91	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.73	2.88	-1.15

Drawdowns

JUNW vs. AIOO - Drawdown Comparison

The maximum JUNW drawdown since its inception was -8.57%, which is greater than AIOO's maximum drawdown of -0.74%. Use the drawdown chart below to compare losses from any high point for JUNW and AIOO.

Drawdown Indicators

	JUNW	AIOO	Difference
Max Drawdown Largest peak-to-trough decline	-8.57%	-0.74%	-7.83%
Max Drawdown (1Y) Largest decline over 1 year	-2.31%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-8.57%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.55%	-0.17%	-0.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.38%	—	—

Volatility

Volatility by Period

	JUNW	AIOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.27%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.72%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.58%	1.98%	+1.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.42%	1.98%	+4.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.42%	1.98%	+4.44%

JUNW vs. AIOO - Expense Ratio Comparison

JUNW has a 0.74% expense ratio, which is higher than AIOO's 0.64% expense ratio.

Dividends

JUNW vs. AIOO - Dividend Comparison

Neither JUNW nor AIOO has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both JUNW and AIOO in my portfolio?

JUNW and AIOO have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JUNW or AIOO?

On fees, AIOO is cheaper at 0.64% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JUNW or AIOO?

AIOO is cheaper with a 0.64% expense ratio, compared with 0.74% for JUNW.

Which ETF pays a higher dividend yield, JUNW or AIOO?

JUNW and AIOO have nearly identical dividend yields, around 0.00%.

What is the main difference between JUNW and AIOO?

Their fees differ too: 0.74% for JUNW and 0.64% for AIOO.