JANP vs. JULQ

Last updated Jun 5, 2026

JANP (PGIM US Large-Cap Buffer 12 ETF - January) and JULQ (Innovator Premium Income 40 Barrier ETF - July) are both Options Trading funds. Both are actively managed. JANP charges 0.50%/yr vs 0.79%/yr for JULQ.

Performance

JANP vs. JULQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM US Large-Cap Buffer 12 ETF - January (JANP) and Innovator Premium Income 40 Barrier ETF - July (JULQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

JANP

• 1D: 0.18%
• 1M: 2.17%
• YTD: 6.28%
• 6M: 7.29%
• 1Y: 17.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JULQ

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JANP vs. JULQ - Yearly Performance Comparison

	2026 (YTD)
JANP PGIM US Large-Cap Buffer 12 ETF - January	5.25%
JULQ Innovator Premium Income 40 Barrier ETF - July	0.00%

Return for Risk

JANP vs. JULQ — Risk / Return Rank

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

JANP

JANP Risk / Return Rank: 82
JANP Sharpe Ratio Rank: 83
JANP Sortino Ratio Rank: 86
JANP Omega Ratio Rank: 89
JANP Calmar Ratio Rank: 69
JANP Martin Ratio Rank: 85

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.

JANP vs. JULQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM US Large-Cap Buffer 12 ETF - January (JANP) and Innovator Premium Income 40 Barrier ETF - July (JULQ). 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.

	JANP	JULQ	Difference
Sharpe ratio: Return per unit of total volatility	2.66	—	—
Sortino ratio: Return per unit of downside risk	3.82	—	—
Omega ratio: Gain probability vs. loss probability	1.55	—	—
Calmar ratio: Return relative to maximum drawdown	3.38	—	—
Martin ratio: Return relative to average drawdown	17.62	—	—
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

	JANP	JULQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.66	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.63	—	—

Drawdowns

JANP vs. JULQ - Drawdown Comparison

The maximum JANP drawdown since its inception was -12.18%, which is greater than JULQ's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for JANP and JULQ.

Drawdown Indicators

	JANP	JULQ	Difference
Max Drawdown Largest peak-to-trough decline	-12.18%	0.00%	-12.18%
Max Drawdown (1Y) Largest decline over 1 year	-5.32%	—	—
Current Drawdown Current decline from peak	-0.02%	0.00%	-0.02%
Average Drawdown Average peak-to-trough decline	-0.90%	0.00%	-0.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.02%	—	—

Volatility

Volatility by Period

	JANP	JULQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.36%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.53%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	6.76%	0.00%	+6.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.06%	0.00%	+9.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.06%	0.00%	+9.06%

JANP vs. JULQ - Expense Ratio Comparison

JANP has a 0.50% expense ratio, which is lower than JULQ's 0.79% expense ratio.

Dividends

JANP vs. JULQ - Dividend Comparison

Neither JANP nor JULQ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, JANP or JULQ?

On fees, JANP is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JANP or JULQ?

JANP is cheaper with a 0.50% expense ratio, compared with 0.79% for JULQ.

Which ETF pays a higher dividend yield, JANP or JULQ?

JANP and JULQ have nearly identical dividend yields, around 0.00%.

What is the main difference between JANP and JULQ?

They also come from different issuers: PGIM and Innovator. Their fees differ too: 0.50% for JANP and 0.79% for JULQ.