AOCT vs. JANB
AOCT (Innovator Equity Defined Protection ETF - 2 Yr to October 2026) and JANB (Aptus January Buffer ETF) are both Defined Outcome funds. Both are actively managed. Their correlation of 0.82 suggests significant overlap in exposure. AOCT charges 0.79%/yr vs 0.25%/yr for JANB.
Performance
AOCT vs. JANB - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AOCT achieves a 2.49% return, which is significantly lower than JANB's 6.08% return.
AOCT
- 1D
- -0.07%
- 1M
- 0.72%
- YTD
- 2.49%
- 6M
- 2.99%
- 1Y
- 7.29%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JANB
- 1D
- -0.22%
- 1M
- 2.38%
- YTD
- 6.08%
- 6M
- 7.10%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AOCT vs. JANB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AOCT Innovator Equity Defined Protection ETF - 2 Yr to October 2026 | 2.49% | 1.24% |
JANB Aptus January Buffer ETF | 6.08% | 2.69% |
Correlation
The correlation between AOCT and JANB is 0.82, 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 15, 2025 | 0.82 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AOCT vs. JANB — Risk / Return Rank
AOCT
JANB
AOCT vs. JANB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Equity Defined Protection ETF - 2 Yr to October 2026 (AOCT) and Aptus January Buffer ETF (JANB). 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.
| AOCT | JANB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.60 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 4.42 | — | — |
| Martin ratioReturn relative to average drawdown | 24.23 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| AOCT | JANB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.84 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.45 | 1.97 | -0.52 |
Drawdowns
AOCT vs. JANB - Drawdown Comparison
The maximum AOCT drawdown since its inception was -3.71%, smaller than the maximum JANB drawdown of -6.52%. Use the drawdown chart below to compare losses from any high point for AOCT and JANB.
Loading charts...
Drawdown Indicators
| AOCT | JANB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.71% | -6.52% | +2.81% |
Max Drawdown (1Y)Largest decline over 1 year | -1.65% | — | — |
Current DrawdownCurrent decline from peak | -0.07% | -0.22% | +0.15% |
Average DrawdownAverage peak-to-trough decline | -0.37% | -1.14% | +0.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.30% | — | — |
Volatility
AOCT vs. JANB - Volatility Comparison
Loading charts...
Volatility by Period
| AOCT | JANB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.38% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 1.95% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 2.58% | 7.41% | -4.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.89% | 7.41% | -3.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.89% | 7.41% | -3.52% |
AOCT vs. JANB - Expense Ratio Comparison
AOCT has a 0.79% expense ratio, which is higher than JANB's 0.25% expense ratio.
Dividends
AOCT vs. JANB - Dividend Comparison
Neither AOCT nor JANB has paid dividends to shareholders.
Frequently Asked Questions
AOCT and JANB have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JANB is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JANB is cheaper with a 0.25% expense ratio, compared with 0.79% for AOCT.
AOCT and JANB have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Innovator and Aptus Capital Advisors. Their fees differ too: 0.79% for AOCT and 0.25% for JANB.
Find the right allocation for AOCT and JANB
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer