DAUG vs. JANB

Last updated Jun 3, 2026

DAUG (FT Vest U.S. Equity Deep Buffer ETF - August) and JANB (Aptus January Buffer ETF) are both Defined Outcome funds. DAUG is passively managed, while JANB is actively managed. Their correlation of 0.94 suggests significant overlap in exposure. DAUG charges 0.85%/yr vs 0.25%/yr for JANB.

Performance

DAUG vs. JANB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest U.S. Equity Deep Buffer ETF - August (DAUG) and Aptus January Buffer ETF (JANB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DAUG achieves a 5.29% return, which is significantly lower than JANB's 6.32% return.

DAUG

• 1D: 0.12%
• 1M: 1.73%
• YTD: 5.29%
• 6M: 5.95%
• 1Y: 15.63%
• 3Y*: 12.37%
• 5Y*: 6.42%
• 10Y*: —

JANB

• 1D: 0.07%
• 1M: 2.33%
• YTD: 6.32%
• 6M: 7.47%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DAUG vs. JANB - Yearly Performance Comparison

	2026 (YTD)	2025
DAUG FT Vest U.S. Equity Deep Buffer ETF - August	5.29%	1.99%
JANB Aptus January Buffer ETF	6.32%	2.69%

Correlation

The correlation between DAUG and JANB 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 15, 2025	0.94

Return for Risk

DAUG vs. JANB — Risk / Return Rank

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

DAUG

DAUG Risk / Return Rank: 84
DAUG Sharpe Ratio Rank: 83
DAUG Sortino Ratio Rank: 88
DAUG Omega Ratio Rank: 89
DAUG Calmar Ratio Rank: 72
DAUG Martin Ratio Rank: 87

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.

DAUG vs. JANB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest U.S. Equity Deep Buffer ETF - August (DAUG) 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.

	DAUG	JANB	Difference
Sharpe ratio Return per unit of total volatility	2.77	—	—
Sortino ratio Return per unit of downside risk	4.05	—	—
Omega ratio Gain probability vs. loss probability	1.57	—	—
Calmar ratio Return relative to maximum drawdown	3.65	—	—
Martin ratio Return relative to average drawdown	19.34	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	DAUG	JANB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.77	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.80	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.75	2.03	-1.28

Drawdowns

DAUG vs. JANB - Drawdown Comparison

The maximum DAUG drawdown since its inception was -15.34%, which is greater than JANB's maximum drawdown of -6.52%. Use the drawdown chart below to compare losses from any high point for DAUG and JANB.

Drawdown Indicators

	DAUG	JANB	Difference
Max Drawdown Largest peak-to-trough decline	-15.34%	-6.52%	-8.82%
Max Drawdown (1Y) Largest decline over 1 year	-4.37%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-10.53%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-15.34%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-2.82%	-1.15%	-1.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.82%	—	—

Volatility

Volatility by Period

	DAUG	JANB	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.75%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.37%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	5.68%	7.43%	-1.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.05%	7.43%	+0.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.27%	7.43%	+1.84%

DAUG vs. JANB - Expense Ratio Comparison

DAUG has a 0.85% expense ratio, which is higher than JANB's 0.25% expense ratio.

Dividends

DAUG vs. JANB - Dividend Comparison

Neither DAUG nor JANB has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DAUG and JANB in my portfolio?

With a correlation of 0.94, DAUG 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.

Which ETF is better, DAUG or JANB?

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.

Which ETF is cheaper, DAUG or JANB?

JANB is cheaper with a 0.25% expense ratio, compared with 0.85% for DAUG.

Which ETF pays a higher dividend yield, DAUG or JANB?

DAUG and JANB have nearly identical dividend yields, around 0.00%.

What is the main difference between DAUG and JANB?

They also come from different issuers: FT Vest and Aptus Capital Advisors. Their fees differ too: 0.85% for DAUG and 0.25% for JANB.