AUGP vs. JANB
AUGP (PGIM S&P 500 Buffer 12 ETF - August) and JANB (Aptus January Buffer ETF) are both Defined Outcome funds. Both are actively managed. Their correlation of 0.92 suggests significant overlap in exposure. AUGP charges 0.50%/yr vs 0.25%/yr for JANB.
Performance
AUGP vs. JANB - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with AUGP having a 5.54% return and JANB slightly lower at 5.32%.
AUGP
- 1D
- -0.26%
- 1M
- 0.88%
- YTD
- 5.54%
- 6M
- 5.30%
- 1Y
- 17.28%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JANB
- 1D
- -0.50%
- 1M
- -0.15%
- YTD
- 5.32%
- 6M
- 5.27%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AUGP vs. JANB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AUGP PGIM S&P 500 Buffer 12 ETF - August | 5.54% | 2.54% |
JANB Aptus January Buffer ETF | 5.32% | 2.76% |
Correlation
The correlation between AUGP and JANB is 0.92, 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 | 0.92 |
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Return for Risk
AUGP vs. JANB — Risk / Return Rank
AUGP
JANB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
AUGP vs. JANB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM S&P 500 Buffer 12 ETF - August (AUGP) 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.
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.
| AUGP | JANB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.52 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.52 | — | — |
| Martin ratioReturn relative to average drawdown | 18.96 | — | — |
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Drawdowns
AUGP vs. JANB - Drawdown Comparison
The maximum AUGP drawdown since its inception was -12.03%, which is greater than JANB's maximum drawdown of -6.52%. Use the drawdown chart below to compare losses from any high point for AUGP and JANB.
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Drawdown Indicators
| AUGP | JANB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.03% | -6.52% | -5.51% |
Max Drawdown (1Y)Largest decline over 1 year | -4.93% | — | — |
Current DrawdownCurrent decline from peak | -0.45% | -0.97% | +0.52% |
Average DrawdownAverage peak-to-trough decline | -0.97% | -1.10% | +0.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.91% | — | — |
Volatility
AUGP vs. JANB - Volatility Comparison
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Volatility by Period
| AUGP | JANB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.52% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 5.27% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 6.77% | 7.51% | -0.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.59% | 7.51% | +2.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.59% | 7.51% | +2.08% |
AUGP vs. JANB - Expense Ratio Comparison
AUGP has a 0.50% expense ratio, which is higher than JANB's 0.25% expense ratio.
Dividends
AUGP vs. JANB - Dividend Comparison
Neither AUGP nor JANB has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.92, AUGP and JANB 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.
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 0.50% for AUGP.
AUGP and JANB have nearly identical dividend yields, around 0.00%.
They also come from different issuers: PGIM and Aptus Capital Advisors. Their fees differ too: 0.50% for AUGP and 0.25% for JANB.
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