JANW vs AFB

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

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

JANW vs AFB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

Winner

JANW

$348M

AFB

$347M

Expense Ratio

JANW

0.74%

AFB

N/A

Max Drawdown

Winner

JANW

9.69%

AFB

56.18%

Sharpe Ratio

Winner

JANW

1.63

AFB

1.58

5Y Beta

JANW

0.37

Winner

AFB

0.10

5Y Dividends CAGR

JANW

N/A

AFB

-2.44%

JANW vs AFB - Historical Returns

Returns include dividend reinvestment.

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

JANW

+0.89%

Winner

AFB

+3.38%

JANW

+5.00%

Winner

AFB

+6.57%

JANW

+4.86%

Winner

AFB

+7.95%

JANW

+12.03%

Winner

AFB

+16.73%

5Y(CAGR)

Winner

JANW

+8.19%

AFB

-1.17%

10Y(CAGR)

JANW

N/A

AFB

+1.61%

Max(CAGR)

Winner

JANW

+8.43%

AFB

+4.49%

JANW vs AFB - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

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

JANW vs AFB Drawdown Comparison

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

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

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

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