TrueShares Structured Outcome (January) ETF (JANZ) belongs to the Defined Outcome category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with JANZ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to JANZ
JANZ charges 0.79% annually. There are 94 ETFs in the Defined Outcome category with lower expense ratios, going as low as 0.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Aptus January Buffer ETF | 0.25% | — | Oct 2025 | JANZ vs JANB | |
| Aptus April Buffer ETF | 0.25% | — | Oct 2025 | JANZ vs APRB | |
| Aptus July Buffer ETF | 0.25% | — | Oct 2025 | JANZ vs JULB | |
| Aptus October Buffer ETF | 0.25% | — | Oct 2025 | JANZ vs OCTB | |
| Fidelity Dynamic Buffered Equity ETF | 0.48% | — | Apr 2024 | JANZ vs FBUF |
Best Risk-Adjusted Alternatives to JANZ
JANZ has a PortfoliosLab risk / return rank of 58. There are 207 ETFs in the Defined Outcome category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 99 | — | Mar 2025 | JANZ vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 21.00M | Apr 2025 | JANZ vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 98 | — | Mar 2025 | JANZ vs MMAX | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 98 | — | Apr 2025 | JANZ vs ZAPR | |
| Calamos Russell 2000 Structured Alt Protection ETF... | 98 | 13.20M | Apr 2025 | JANZ vs CPRA |
Top Performing JANZ Alternatives (YTD)
JANZ is at 7.35% YTD. There are 72 ETFs in the Defined Outcome category with higher YTD returns, going as high as 16.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Leverage Shares 2x Capped Accelerated NVDA Monthly... | 16.35% | — | Aug 2025 | JANZ vs NVDO | |
| ProShares Nasdaq-100 Dynamic Daily Buffer ETF | 13.84% | 2.87M | Jun 2025 | JANZ vs QB | |
| Innovator U.S. Small Cap Power Buffer ETF - Februa... | 13.73% | — | Jan 2025 | JANZ vs KFEB | |
| Innovator Russell 2000 Power Buffer ETF - April | 13.09% | 214.27M | Mar 2020 | JANZ vs KAPR | |
| Innovator U.S. Equity Buffer ETF - April | 11.91% | 403.09M | Mar 2019 | JANZ vs BAPR |
Lowest Volatility Alternatives to JANZ
JANZ has 10.45% 1-year volatility. There are 261 ETFs in the Defined Outcome category with lower 1-year volatility, going as low as 1.18%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 1.18% | — | Mar 2025 | JANZ vs PMAP | |
| FT Vest U.S. Equity Max Buffer ETF - April | 1.33% | — | Apr 2025 | JANZ vs APXM | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.40% | 21.00M | Apr 2025 | JANZ vs CPSP | |
| PGIM S&P 500 Max Buffer ETF - May | 1.40% | — | Apr 2025 | JANZ vs PMMY | |
| iShares Large Cap Max Buffer Mar ETF | 1.44% | — | Mar 2025 | JANZ vs MMAX |
Lowest Drawdown Alternatives to JANZ
JANZ has a 1-year max drawdown of -6.83%. There are 219 ETFs in the Defined Outcome category with shallower 1-year drawdowns, going as shallow as -0.35%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | -0.35% | — | Mar 2025 | JANZ vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 21.00M | Apr 2025 | JANZ vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | -0.40% | — | Apr 2025 | JANZ vs ZAPR | |
| iShares Large Cap Max Buffer Mar ETF | -0.46% | — | Mar 2025 | JANZ vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.49% | 56.60M | May 2024 | JANZ vs CPSM |
Other ETFs from TrueShares
The 10 most viewed TrueShares ETFs shown here include DIVZ, LRNZ, AUGZ and span 5 categories. AUM among these funds goes as high as $298M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Opal Dividend Income ETF | Large Cap Value Equities | 46 | 7.08% | 298.03M | Jan 2021 | JANZ vs DIVZ | |
| TrueShares Technology, AI & Deep Learning ETF | Artificial Intelligence, Large Cap Growth Equities | — | — | 38.43M | Feb 2020 | JANZ vs LRNZ | |
| TrueShares Structured Outcome (August) ETF | Defined Outcome | 53 | 7.11% | 42.74M | Jul 2020 | JANZ vs AUGZ | |
| TrueShares Structured Outcome (September) ETF | Options Trading | 55 | 7.08% | 127.95M | Aug 2020 | JANZ vs SEPZ | |
| TrueShares Structured Outcome (March) ETF | Defined Outcome | 55 | 7.08% | 32.62M | Feb 2021 | JANZ vs MARZ | |
| TrueShares Structured Outcome (October) ETF | Defined Outcome | 55 | 6.95% | 42.84M | Sep 2020 | JANZ vs OCTZ | |
| TrueShares Structured Outcome (December) ETF | Defined Outcome | 56 | 7.30% | 36.24M | Nov 2020 | JANZ vs DECZ | |
| TrueShares Structured Outcome (April) ETF | Defined Outcome | 49 | 6.52% | 32.65M | Mar 2021 | JANZ vs APRZ | |
| Trueshares Structured Outcome (July) ETF | Options Trading | 54 | 7.68% | 36.25M | Jun 2020 | JANZ vs JULZ | |
| TrueShares Quarterly Bull Hedge ETF | Options Trading | 27 | 1.06% | — | Jun 2024 | JANZ vs QBUL |
Often Compared With JANZ
Investors most often compare JANZ with JUNZ, PVEX, QBER. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare JANZ with Any Fund or Stock
Compare JANZ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair JANZ with funds that move differently
TrueShares Structured Outcome (January) ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to JANZ.
Explore JANZ Diversifiers