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ETFs

AllianzIM U.S. Large Cap Buffer20 Jan ETF

JANW
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 31 2020
Expense Ratio
0.74%
Type
US Equities
Fund Owner
AllianzIM
Volume (1m avg. daily)
$338,051
AUM
$100,761,250
Associated Index
S&P 500 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
SPY 12/29/2023 2.87 C
98.47%
n/a
SPY 12/29/2023 382.47 P
5.14%
Cash&Other
Cash&Other
0.61%
n/a
SPY 12/29/2023 305.94 P
-1.58%
n/a
SPY 12/29/2023 441.71 C
-2.64%
Invest with JANW

What is JANW?

The AllianzIM U.S. Large Cap Buffer20 Jan ETF (the "Fund") seeks to match the returns of the S&P 500 Index up to a stated upside Cap, while providing a Buffer against the first 20% of the S&P 500 Index losses for the currently effective Outcome Period from January 1, 2021 to December 31, 2021.

ETFs related toJANW

ETFs correlated to JANW include GJAN, BFEB, CVLC

JANW
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer20 Jan ETF
GJAN
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - January
BFEB
Innovator ETFs Trust - Innovator U.S. Equity Buffer ETF - February
CVLC
Morgan Stanley ETF Trust - Calvert US Large-Cap Core Responsible Index ETF
XDEC
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - December
PFEB
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - February
FJAN
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - January
PDEC
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - December
PNOV
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - November
FDEC
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - December
PJAN
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - January

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toJANW

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

#HFEAR

Hedgefundie's Excellent Adventure Refined

Category

Balance Risk Not Assets, Lever Up, Composer's Picks

Risk Rating

Aggressive

Create your own algorithmic trading strategy with JANW using Composer

FAQ

JANW is a US Equities ETF. The AllianzIM U.S. Large Cap Buffer20 Jan ETF (the "Fund") seeks to match the returns of the S&P 500 Index up to a stated upside Cap, while providing a Buffer against the first 20% of the S&P 500 Index losses for the currently effective Outcome Period from January 1, 2021 to December 31, 2021.

JANW tracks the S&P 500 Index.

No, JANW is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, JANW is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on JANW is -0.0188%. This is the percent change in the value of JANW over the most recent 1-month period. The 3-month return on JANW is 0.0263%. This is the percent change in the value of JANW over the most recent 3-month period.

The standard deviation of JANW for the past year is 0.0939%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to JANW include SSO, SPY, and VOO.

ETFs correlated to JANW include GJAN, BFEB, and CVLC.

ETFs that are inversely correlated to JANW include SDS, SPXS, and SPDN.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.