FMAR vs. JANB
FMAR (FT Vest U.S. Equity Buffer ETF - March) and JANB (Aptus January Buffer ETF) are both Defined Outcome funds. Both are actively managed. Their correlation of 0.90 suggests significant overlap in exposure. FMAR charges 0.85%/yr vs 0.25%/yr for JANB.
Performance
FMAR vs. JANB - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FMAR achieves a 10.73% return, which is significantly higher than JANB's 6.84% return.
FMAR
- 1D
- 0.23%
- 1M
- 1.17%
- 6M
- 10.30%
- YTD
- 10.73%
- 1Y
- 16.85%
- 3Y*
- 13.59%
- 5Y*
- 10.58%
- 10Y*
- —
JANB
- 1D
- 0.24%
- 1M
- 1.30%
- 6M
- 5.86%
- YTD
- 6.84%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FMAR vs. JANB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FMAR FT Vest U.S. Equity Buffer ETF - March | 10.73% | 2.41% |
JANB Aptus January Buffer ETF | 6.84% | 2.76% |
Correlation
The correlation between FMAR and JANB is 0.90, 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 | 0.90 |
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
FMAR vs. JANB — Risk / Return Rank
FMAR
JANB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FMAR vs. JANB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Vest U.S. Equity Buffer ETF - March (FMAR) 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.
| FMAR | JANB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.79 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 7.17 | — | — |
| Martin ratioReturn relative to average drawdown | 43.13 | — | — |
Loading charts...
Drawdowns
FMAR vs. JANB - Drawdown Comparison
The maximum FMAR drawdown since its inception was -14.36%, which is greater than JANB's maximum drawdown of -6.52%. Use the drawdown chart below to compare losses from any high point for FMAR and JANB.
Loading charts...
Drawdown Indicators
| FMAR | JANB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.36% | -6.52% | -7.84% |
Max Drawdown (1Y)Largest decline over 1 year | -2.36% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -12.37% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -14.36% | — | — |
Current DrawdownCurrent decline from peak | -0.05% | -0.08% | +0.03% |
Average DrawdownAverage peak-to-trough decline | -2.10% | -1.05% | -1.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.39% | — | — |
Volatility
FMAR vs. JANB - Volatility Comparison
Loading charts...
Volatility by Period
| FMAR | JANB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.43% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 4.33% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 5.12% | 7.39% | -2.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.46% | 7.39% | +3.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.28% | 7.39% | +2.89% |
FMAR vs. JANB - Expense Ratio Comparison
FMAR has a 0.85% expense ratio, which is higher than JANB's 0.25% expense ratio.
Dividends
FMAR vs. JANB - Dividend Comparison
Neither FMAR nor JANB has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.90, FMAR 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 0.85% for FMAR.
FMAR and JANB have nearly identical dividend yields, around 0.00%.
They also come from different issuers: FT Vest and Aptus Capital Advisors. Their fees differ too: 0.85% for FMAR and 0.25% for JANB.
Find the right allocation for FMAR 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