JANB vs. ADME

Last updated Jun 24, 2026

JANB (Aptus January Buffer ETF) and ADME (Aptus Drawdown Managed Equity ETF) are both exchange-traded funds - JANB is a Defined Outcome fund actively managed by Aptus Capital Advisors, while ADME is a Hedge Fund fund tracking the Aptus Behavioral Momentum Index. JANB is actively managed, while ADME is passively managed. Their correlation of 0.91 suggests significant overlap in exposure. JANB charges 0.25%/yr vs 0.79%/yr for ADME.

Performance

JANB vs. ADME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aptus January Buffer ETF (JANB) and Aptus Drawdown Managed Equity ETF (ADME). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JANB achieves a 5.32% return, which is significantly lower than ADME's 7.37% return.

JANB

• 1D: -0.50%
• 1M: -0.15%
• YTD: 5.32%
• 6M: 5.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ADME

• 1D: -1.15%
• 1M: -1.31%
• YTD: 7.37%
• 6M: 6.36%
• 1Y: 17.42%
• 3Y*: 16.12%
• 5Y*: 7.44%
• 10Y*: 8.73%

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

JANB vs. ADME - Yearly Performance Comparison

	2026 (YTD)	2025
JANB Aptus January Buffer ETF	5.32%	2.76%
ADME Aptus Drawdown Managed Equity ETF	7.37%	1.03%

Correlation

The correlation between JANB and ADME is 0.91, 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	0.91

Return for Risk

JANB vs. ADME — Risk / Return Rank

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

JANB

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

ADME

ADME Risk / Return Rank: 51
ADME Sharpe Ratio Rank: 50
ADME Sortino Ratio Rank: 50
ADME Omega Ratio Rank: 48
ADME Calmar Ratio Rank: 50
ADME Martin Ratio Rank: 57

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.

JANB vs. ADME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aptus January Buffer ETF (JANB) and Aptus Drawdown Managed Equity ETF (ADME). 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.

	JANB	ADME	Difference
Sharpe ratio: Return per unit of total volatility	—	1.64	—
Sortino ratio: Return per unit of downside risk	—	2.30	—
Omega ratio: Gain probability vs. loss probability	—	1.29	—
Calmar ratio: Return relative to maximum drawdown	—	2.34	—
Martin ratio: Return relative to average drawdown	—	9.68	—

Drawdowns

JANB vs. ADME - Drawdown Comparison

The maximum JANB drawdown since its inception was -6.52%, smaller than the maximum ADME drawdown of -27.49%. Use the drawdown chart below to compare losses from any high point for JANB and ADME.

Drawdown Indicators

	JANB	ADME	Difference
Max Drawdown Largest peak-to-trough decline	-6.52%	-27.49%	+20.97%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.49%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.67%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-23.43%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-27.49%	—
Current Drawdown Current decline from peak	-0.97%	-2.93%	+1.96%
Average Drawdown Average peak-to-trough decline	-1.10%	-7.89%	+6.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.80%	—

Volatility

Volatility by Period

	JANB	ADME	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.57%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.63%	—
Volatility (1Y) Calculated over the trailing 1-year period	7.51%	10.73%	-3.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.51%	13.00%	-5.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.51%	14.45%	-6.94%

JANB vs. ADME - Expense Ratio Comparison

JANB has a 0.25% expense ratio, which is lower than ADME's 0.79% expense ratio.

Dividends

JANB vs. ADME - Dividend Comparison

JANB has not paid dividends to shareholders, while ADME's dividend yield for the trailing twelve months is around 0.38%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
ADME Aptus Drawdown Managed Equity ETF	0.38%	0.38%	0.47%	0.78%	0.73%	0.26%	0.41%	0.70%	0.86%	0.32%	0.69%
JANB Aptus January Buffer ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JANB and ADME in my portfolio?

With a correlation of 0.91, JANB and ADME 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, JANB or ADME?

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, JANB or ADME?

JANB is cheaper with a 0.25% expense ratio, compared with 0.79% for ADME.

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

ADME has the higher dividend yield at 0.38%, compared with 0.00% for JANB.

What is the main difference between JANB and ADME?

JANB is categorized as Defined Outcome, while ADME is Hedge Fund. Their fees differ too: 0.25% for JANB and 0.79% for ADME.