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AllianzIM U.S. Large Cap Buffer20 Jan ETF (AZBJ)



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Upturn Advisory Summary
08/13/2025: AZBJ (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type ETF | Historic Profit 14.4% | Avg. Invested days 69 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | ETF Returns Performance ![]() |
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Key Highlights
Volume (30-day avg) - | Beta - | 52 Weeks Range 30.95 - 34.91 | Updated Date 06/29/2025 |
52 Weeks Range 30.95 - 34.91 | Updated Date 06/29/2025 |
Upturn AI SWOT
AllianzIM U.S. Large Cap Buffer20 Jan ETF
ETF Overview
Overview
The AllianzIM U.S. Large Cap Buffer20 Jan ETF (NYSEARCA: JAZJ) seeks to provide exposure to the returns of the S&P 500 Total Return Index up to a predetermined cap, while buffering investors against the first 20% of losses over a one-year period. It employs a defined outcome strategy, using options to achieve its objectives.
Reputation and Reliability
Allianz Investment Management LLC is a well-established asset manager known for its risk management expertise and structured solutions.
Management Expertise
AllianzIM has a team of experienced professionals specializing in options strategies and defined outcome investing.
Investment Objective
Goal
To provide exposure to the S&P 500 Total Return Index while buffering against the first 20% of losses over a one-year period, subject to a cap on potential gains.
Investment Approach and Strategy
Strategy: Employs a defined outcome strategy using FLEX Options traded on the Chicago Board Options Exchange to create a buffered exposure to the S&P 500.
Composition Primarily holds FLEX Options on the S&P 500 Index. The fund may also hold cash or cash equivalents.
Market Position
Market Share: The market share of JAZJ in the defined outcome ETF market is still developing, but Allianz is a prominent player.
Total Net Assets (AUM): 67800000
Competitors
Key Competitors
- Innovator U.S. Equity Buffer ETF - January (BJAN)
- FT Cboe Vest U.S. Equity Buffer ETF - January (JAN)
- Simplify US Equity PLUS Downside Convexity ETF (SPYC)
Competitive Landscape
The defined outcome ETF market is competitive, with multiple providers offering buffered and capped exposure to various indices. JAZJ competes on its buffer level, cap rate, and the AllianzIM brand. Advantages include a well-known issuer; disadvantages might include a lower cap rate or higher expense ratio than some competitors.
Financial Performance
Historical Performance: Historical performance data is limited due to its recent inception. Refer to fund factsheet for up-to-date information.
Benchmark Comparison: Performance should be compared to the S&P 500 Total Return Index, accounting for the buffer and cap features.
Expense Ratio: 0.79
Liquidity
Average Trading Volume
The average trading volume of JAZJ is moderate and varies based on market conditions and investor interest.
Bid-Ask Spread
The bid-ask spread of JAZJ is generally tight but can widen during periods of high volatility or low trading volume.
Market Dynamics
Market Environment Factors
Economic conditions, interest rates, market volatility, and investor sentiment towards equities influence JAZJ's performance.
Growth Trajectory
The growth trajectory of JAZJ depends on investor demand for defined outcome strategies and AllianzIM's ability to effectively manage the options portfolio.
Moat and Competitive Advantages
Competitive Edge
JAZJ's competitive edge lies in its defined outcome strategy, offering investors a buffer against market downturns while still participating in potential upside. AllianzIM's expertise in options management and risk control further enhances its appeal. The 20% buffer provides more downside protection than some competitors. However, the capped upside limits potential gains compared to unbuffered S&P 500 exposure.
Risk Analysis
Volatility
JAZJ's volatility should be lower than the S&P 500 due to the buffer, but its capped upside also limits potential gains.
Market Risk
JAZJ is subject to market risk, as the value of the underlying options contracts are affected by the performance of the S&P 500. The fund's structure also carries risks related to options trading and counterparty risk.
Investor Profile
Ideal Investor Profile
JAZJ is suited for investors seeking downside protection in their S&P 500 exposure while accepting a cap on potential gains.
Market Risk
JAZJ is best for long-term investors who are risk-averse and prioritize capital preservation over maximizing returns.
Summary
AllianzIM U.S. Large Cap Buffer20 Jan ETF (JAZJ) offers a defined outcome investment strategy, buffering against the first 20% of losses in the S&P 500 over a one-year period, while capping potential gains. The ETF utilizes FLEX Options to achieve its objectives, making it suitable for risk-averse investors. It provides a potentially less volatile S&P 500 exposure. Investors should be aware of the capped upside and understand options-based investment strategies before investing.
Peer Comparison
Sources and Disclaimers
Data Sources:
- AllianzIM Website
- ETF.com
- Morningstar
- SEC Filings
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Investors should consult with a financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About AllianzIM U.S. Large Cap Buffer20 Jan ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website |
Under normal market conditions, the fund invests at least 80% of its net assets in instruments with economic characteristics similar to U.S. large cap equity securities. Specifically, the Advisor intends to invest substantially all of the fund's assets in FLexible EXchange Options (FLEX Options) that reference the S&P 500 Price Index. The fund is non-diversified.

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