AFB vs JANW

Comparison between AllianceBernstein National Municipal Income Fund Inc (AFB, ETF) and ALLIANZIM U.S. EQUITY BUFFER20 JAN ETF ALLIANZIM EQUITY LARGE CAP BUFFER20 JAN ETF (JANW, ETF).

5-Year PerformanceJANW has outperformed AFB, delivering a return of +8.2% compared to -1.2%

AFB vs JANW - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AFB(ETF)	JANW(ETF)
Net Assets	$347M	$348M
Expense Ratio	N/A	0.74%
Max Drawdown	56.18%	9.69%
Sharpe Ratio	1.58	1.63
5Y Beta	0.10	0.37
5Y Dividends CAGR	-2.44%	N/A

Net Assets

AFB

$347M

Winner

JANW

$348M

Expense Ratio

AFB

N/A

JANW

0.74%

Max Drawdown

AFB

56.18%

Winner

JANW

9.69%

Sharpe Ratio

AFB

1.58

Winner

JANW

1.63

5Y Beta

Winner

AFB

0.10

JANW

0.37

5Y Dividends CAGR

AFB

-2.44%

JANW

N/A

AFB vs JANW - Historical Returns

Returns include dividend reinvestment.

Period	AFB	JANW
1 month	+3.38%	+0.89%
3 months	+6.57%	+5.00%
6 months	+7.95%	+4.86%
1 year	+16.73%	+12.03%
5 years(CAGR)	-1.17%	+8.19%
10 years(CAGR)	+1.61%	N/A
Max(CAGR)	+4.49%	+8.43%

Winner

AFB

+3.38%

JANW

+0.89%

Winner

AFB

+6.57%

JANW

+5.00%

Winner

AFB

+7.95%

JANW

+4.86%

Winner

AFB

+16.73%

JANW

+12.03%

5Y(CAGR)

AFB

-1.17%

Winner

JANW

+8.19%

10Y(CAGR)

AFB

+1.61%

JANW

N/A

Max(CAGR)

AFB

+4.49%

Winner

JANW

+8.43%

AFB vs JANW - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	AFB	JANW
2026	+6.86%	+4.35%
2025	+3.74%	+10.12%
2024	+3.62%	+11.54%
2023	+6.52%	+14.93%
2022	-26.36%	-1.01%
2021	+7.80%	+7.00%
2020	+8.62%	N/A
2019	+17.80%	N/A
2018	-5.64%	N/A
2017	+5.98%	N/A
2016	+0.60%	N/A
2015	+6.57%	N/A
2014	+17.08%	N/A
2013	-16.19%	N/A
2012	+12.31%	N/A
2011	+23.79%	N/A
2010	+2.72%	N/A
2009	+46.56%	N/A
2008	-26.19%	N/A
2007	-7.62%	N/A
2006	+5.59%	N/A
2005	+17.67%	N/A
2004	+6.73%	N/A
2003	+9.12%	N/A
2002	-3.10%	N/A

AFB vs JANW Drawdown Comparison

The maximum drawdown for AFB was -51.00%, occurring on Oct 10, 2008. Recovery took 746 trading sessions.

The maximum drawdown for JANW was -9.69%, occurring on Jun 16, 2022. Recovery took 257 trading sessions.

The current AFB drawdown is -8.64%. The current JANW drawdown is -0.15%.

Rank	AFB	JANW
#1	-51.00% Oct 19, 2006 - Oct 7, 2009	-9.69% Jan 3, 2022 - Jan 11, 2023
#2	-35.14% Dec 16, 2021 - Oct 20, 2023	-8.66% Feb 19, 2025 - Jun 6, 2025
#3	-26.40% Jan 18, 2013 - Jan 7, 2016	-4.09% Sep 14, 2023 - Nov 7, 2023
#4	-23.23% Mar 6, 2020 - Nov 27, 2020	-3.65% Feb 2, 2026 - Apr 13, 2026
#5	-18.03% Oct 7, 2010 - Sep 13, 2011	-3.29% Feb 2, 2023 - Mar 31, 2023
#6	-14.00% Mar 17, 2004 - Nov 1, 2004	-2.55% Jul 16, 2024 - Aug 15, 2024
#7	-13.99% Jul 8, 2016 - Jun 13, 2019	-1.79% Mar 28, 2024 - May 6, 2024
#8	-12.35% Jan 29, 2002 - Apr 28, 2003	-1.42% Jan 20, 2021 - Feb 5, 2021
#9	-9.33% Oct 7, 2009 - Jan 25, 2010	-1.33% May 7, 2021 - May 27, 2021
#10	-8.25% Mar 2, 2012 - May 17, 2012	-1.32% Feb 8, 2021 - Mar 11, 2021
#11	-8.16% Jun 13, 2003 - Jan 9, 2004	-1.24% Jun 4, 2026 - Jun 10, 2026
#12	-6.23% Oct 1, 2012 - Jan 7, 2013	-1.23% Jul 31, 2023 - Aug 29, 2023
#13	-6.06% Sep 7, 2005 - Dec 15, 2005	-1.10% Aug 30, 2024 - Sep 13, 2024
#14	-5.38% Jul 11, 2006 - Aug 1, 2006	-1.09% Nov 12, 2025 - Nov 25, 2025
#15	-5.24% Jan 30, 2012 - Mar 2, 2012	-1.07% Jan 6, 2025 - Jan 17, 2025