IAUG vs. JANB
IAUG (Innovator International Developed Power Buffer ETF) and JANB (Aptus January Buffer ETF) are both Defined Outcome funds. Both are actively managed. A 0.74 correlation means they provide meaningful diversification when combined. IAUG charges 0.85%/yr vs 0.25%/yr for JANB.
Performance
IAUG vs. JANB - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with IAUG having a 5.57% return and JANB slightly lower at 5.32%.
IAUG
- 1D
- -0.37%
- 1M
- 0.97%
- YTD
- 5.57%
- 6M
- 5.31%
- 1Y
- 12.00%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JANB
- 1D
- -0.50%
- 1M
- -0.15%
- YTD
- 5.32%
- 6M
- 5.27%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IAUG vs. JANB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IAUG Innovator International Developed Power Buffer ETF | 5.57% | 2.71% |
JANB Aptus January Buffer ETF | 5.32% | 2.76% |
Correlation
The correlation between IAUG and JANB is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 14, 2025 | 0.74 |
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Return for Risk
IAUG vs. JANB — Risk / Return Rank
IAUG
JANB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IAUG vs. JANB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator International Developed Power Buffer ETF (IAUG) 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.
| IAUG | JANB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.30 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.54 | — | — |
| Martin ratioReturn relative to average drawdown | 8.32 | — | — |
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Drawdowns
IAUG vs. JANB - Drawdown Comparison
The maximum IAUG drawdown since its inception was -8.03%, which is greater than JANB's maximum drawdown of -6.52%. Use the drawdown chart below to compare losses from any high point for IAUG and JANB.
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Drawdown Indicators
| IAUG | JANB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.03% | -6.52% | -1.51% |
Max Drawdown (1Y)Largest decline over 1 year | -4.75% | — | — |
Current DrawdownCurrent decline from peak | -0.37% | -0.97% | +0.60% |
Average DrawdownAverage peak-to-trough decline | -1.61% | -1.10% | -0.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.45% | — | — |
Volatility
IAUG vs. JANB - Volatility Comparison
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Volatility by Period
| IAUG | JANB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.58% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 5.16% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 7.72% | 7.51% | +0.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.98% | 7.51% | +1.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.98% | 7.51% | +1.47% |
IAUG vs. JANB - Expense Ratio Comparison
IAUG has a 0.85% expense ratio, which is higher than JANB's 0.25% expense ratio.
Dividends
IAUG vs. JANB - Dividend Comparison
Neither IAUG nor JANB has paid dividends to shareholders.
Frequently Asked Questions
IAUG and JANB have a correlation of 0.74, 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 0.85% for IAUG.
IAUG 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: 0.85% for IAUG and 0.25% for JANB.
Find the right allocation for IAUG and JANB
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