ADME vs. JULB

Last updated Jun 24, 2026

ADME (Aptus Drawdown Managed Equity ETF) and JULB (Aptus July Buffer ETF) are both exchange-traded funds - ADME is a Hedge Fund fund tracking the Aptus Behavioral Momentum Index, while JULB is a Defined Outcome fund actively managed by Aptus Capital Advisors. ADME is passively managed, while JULB is actively managed. Their correlation of 0.93 suggests significant overlap in exposure. ADME charges 0.79%/yr vs 0.25%/yr for JULB.

Performance

ADME vs. JULB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aptus Drawdown Managed Equity ETF (ADME) and Aptus July Buffer ETF (JULB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ADME achieves a 7.37% return, which is significantly higher than JULB's 6.38% return.

ADME

• 1D: -1.15%
• 1M: -1.31%
• YTD: 7.37%
• 6M: 6.36%
• 1Y: 17.42%
• 3Y*: 16.12%
• 5Y*: 7.44%
• 10Y*: 8.73%

JULB

• 1D: -0.37%
• 1M: 0.61%
• YTD: 6.38%
• 6M: 6.05%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ADME vs. JULB - Yearly Performance Comparison

	2026 (YTD)	2025
ADME Aptus Drawdown Managed Equity ETF	7.37%	1.03%
JULB Aptus July Buffer ETF	6.38%	2.44%

Correlation

The correlation between ADME and JULB is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 14, 2025	0.93

Return for Risk

ADME vs. JULB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ADME

ADME Risk / Return Rank: 51
ADME Sharpe Ratio Rank: 50
ADME Sortino Ratio Rank: 50
ADME Omega Ratio Rank: 48
ADME Calmar Ratio Rank: 50
ADME Martin Ratio Rank: 57

JULB

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ADME vs. JULB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aptus Drawdown Managed Equity ETF (ADME) and Aptus July Buffer ETF (JULB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ADME	JULB	Difference
Sharpe ratio: Return per unit of total volatility	1.64	—	—
Sortino ratio: Return per unit of downside risk	2.30	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	2.34	—	—
Martin ratio: Return relative to average drawdown	9.68	—	—

Drawdowns

ADME vs. JULB - Drawdown Comparison

The maximum ADME drawdown since its inception was -27.49%, which is greater than JULB's maximum drawdown of -5.24%. Use the drawdown chart below to compare losses from any high point for ADME and JULB.

Drawdown Indicators

	ADME	JULB	Difference
Max Drawdown Largest peak-to-trough decline	-27.49%	-5.24%	-22.25%
Max Drawdown (1Y) Largest decline over 1 year	-7.49%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-15.67%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-23.43%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-27.49%	—	—
Current Drawdown Current decline from peak	-2.93%	-0.43%	-2.50%
Average Drawdown Average peak-to-trough decline	-7.89%	-0.83%	-7.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.80%	—	—

Volatility

Volatility by Period

	ADME	JULB	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.57%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.63%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.73%	6.84%	+3.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.00%	6.84%	+6.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.45%	6.84%	+7.61%

ADME vs. JULB - Expense Ratio Comparison

ADME has a 0.79% expense ratio, which is higher than JULB's 0.25% expense ratio.

Dividends

ADME vs. JULB - Dividend Comparison

ADME's dividend yield for the trailing twelve months is around 0.38%, while JULB has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
ADME Aptus Drawdown Managed Equity ETF	0.38%	0.38%	0.47%	0.78%	0.73%	0.26%	0.41%	0.70%	0.86%	0.32%	0.69%
JULB Aptus July Buffer ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ADME and JULB in my portfolio?

With a correlation of 0.93, ADME and JULB move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, ADME or JULB?

On fees, JULB is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ADME or JULB?

JULB is cheaper with a 0.25% expense ratio, compared with 0.79% for ADME.

Which ETF pays a higher dividend yield, ADME or JULB?

ADME has the higher dividend yield at 0.38%, compared with 0.00% for JULB.

What is the main difference between ADME and JULB?

ADME is categorized as Hedge Fund, while JULB is Defined Outcome. Their fees differ too: 0.79% for ADME and 0.25% for JULB.