AUGZ vs. JULB
AUGZ (TrueShares Structured Outcome (August) ETF) and JULB (Aptus July Buffer ETF) are both Defined Outcome funds. AUGZ is passively managed, while JULB is actively managed. Their correlation of 0.94 suggests significant overlap in exposure. AUGZ charges 0.79%/yr vs 0.25%/yr for JULB.
Performance
AUGZ vs. JULB - Performance Comparison
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Returns By Period
In the year-to-date period, AUGZ achieves a 5.82% return, which is significantly lower than JULB's 6.38% return.
AUGZ
- 1D
- -1.18%
- 1M
- -1.11%
- YTD
- 5.82%
- 6M
- 5.18%
- 1Y
- 17.31%
- 3Y*
- 15.12%
- 5Y*
- 10.16%
- 10Y*
- —
JULB
- 1D
- -0.37%
- 1M
- 0.61%
- YTD
- 6.38%
- 6M
- 6.05%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AUGZ vs. JULB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AUGZ TrueShares Structured Outcome (August) ETF | 5.82% | 2.27% |
JULB Aptus July Buffer ETF | 6.38% | 2.44% |
Correlation
The correlation between AUGZ and JULB is 0.94, 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 | 0.94 |
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Return for Risk
AUGZ vs. JULB — Risk / Return Rank
AUGZ
JULB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
AUGZ vs. JULB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TrueShares Structured Outcome (August) ETF (AUGZ) 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.
| AUGZ | JULB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.31 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.40 | — | — |
| Martin ratioReturn relative to average drawdown | 9.92 | — | — |
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Drawdowns
AUGZ vs. JULB - Drawdown Comparison
The maximum AUGZ drawdown since its inception was -15.67%, which is greater than JULB's maximum drawdown of -5.24%. Use the drawdown chart below to compare losses from any high point for AUGZ and JULB.
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Drawdown Indicators
| AUGZ | JULB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.67% | -5.24% | -10.43% |
Max Drawdown (1Y)Largest decline over 1 year | -7.23% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -14.52% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -15.67% | — | — |
Current DrawdownCurrent decline from peak | -2.81% | -0.43% | -2.38% |
Average DrawdownAverage peak-to-trough decline | -3.10% | -0.83% | -2.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.75% | — | — |
Volatility
AUGZ vs. JULB - Volatility Comparison
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Volatility by Period
| AUGZ | JULB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.02% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 8.03% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 10.08% | 6.84% | +3.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.06% | 6.84% | +5.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.14% | 6.84% | +5.30% |
AUGZ vs. JULB - Expense Ratio Comparison
AUGZ has a 0.79% expense ratio, which is higher than JULB's 0.25% expense ratio.
Dividends
AUGZ vs. JULB - Dividend Comparison
AUGZ's dividend yield for the trailing twelve months is around 3.43%, while JULB has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
AUGZ TrueShares Structured Outcome (August) ETF | 3.43% | 3.63% | 4.08% | 3.42% | 0.41% |
JULB Aptus July Buffer ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.94, AUGZ 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.
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.
JULB is cheaper with a 0.25% expense ratio, compared with 0.79% for AUGZ.
AUGZ has the higher dividend yield at 3.43%, compared with 0.00% for JULB.
They also come from different issuers: TrueShares and Aptus Capital Advisors. Their fees differ too: 0.79% for AUGZ and 0.25% for JULB.
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