Try playing 55 and AJs against a 10%, 15%, or 20% range. You'll consistently see that AJs does better than 55. Sure, if you have to choose between one and your opponent gets the other, 55 would be better. But, your opponent is going to play a range of hands. And, 55 just doesn't do well against reasonable ranges. Heck, even against a completely random range, AJs does better than 55.
AJs does poorly when you are up against pairs. But, it does well against ranges that are heavy in weak aces, and unpaired broadway cards. Those same ranges are usually a flip against 55 or have 55 crushed (the bigger pair portion). Consider a hand like 99. Which would you prefer, 55 or AJs?
As for playability, that is a whole different situation.
Edit: Just for a note, AJs is within the 4.3% range in Equilab. So, it's not even at the bottom of the 15% range.
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I get no respect. When I move all-in, people from other tables call.
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