JANU vs. UXJL

Last updated Jun 5, 2026

JANU (AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF) and UXJL (FT Vest U.S. Equity Uncapped Accelerator ETF - July) are both Defined Outcome funds. Both are actively managed. With a 0.97 correlation, they move nearly in lockstep. JANU charges 0.74%/yr vs 0.85%/yr for UXJL.

Performance

JANU vs. UXJL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF (JANU) and FT Vest U.S. Equity Uncapped Accelerator ETF - July (UXJL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JANU achieves a 8.40% return, which is significantly lower than UXJL's 12.29% return.

JANU

• 1D: 0.32%
• 1M: 3.78%
• YTD: 8.40%
• 6M: 8.36%
• 1Y: 20.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —

UXJL

• 1D: 0.46%
• 1M: 5.57%
• YTD: 12.29%
• 6M: 12.01%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JANU vs. UXJL - Yearly Performance Comparison

	2026 (YTD)	2025
JANU AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF	8.40%	6.97%
UXJL FT Vest U.S. Equity Uncapped Accelerator ETF - July	12.29%	9.31%

Correlation

The correlation between JANU and UXJL is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 22, 2025	0.97

Return for Risk

JANU vs. UXJL — Risk / Return Rank

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

JANU

JANU Risk / Return Rank: 69
JANU Sharpe Ratio Rank: 66
JANU Sortino Ratio Rank: 67
JANU Omega Ratio Rank: 66
JANU Calmar Ratio Rank: 71
JANU Martin Ratio Rank: 73

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.

JANU vs. UXJL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF (JANU) and FT Vest U.S. Equity Uncapped Accelerator ETF - July (UXJL). 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.

	JANU	UXJL	Difference
Sharpe ratio: Return per unit of total volatility	2.17	—	—
Sortino ratio: Return per unit of downside risk	3.03	—	—
Omega ratio: Gain probability vs. loss probability	1.39	—	—
Calmar ratio: Return relative to maximum drawdown	3.46	—	—
Martin ratio: Return relative to average drawdown	13.52	—	—
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

	JANU	UXJL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.17	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.33	1.91	-0.58

Drawdowns

JANU vs. UXJL - Drawdown Comparison

The maximum JANU drawdown since its inception was -11.84%, which is greater than UXJL's maximum drawdown of -10.29%. Use the drawdown chart below to compare losses from any high point for JANU and UXJL.

Drawdown Indicators

	JANU	UXJL	Difference
Max Drawdown Largest peak-to-trough decline	-11.84%	-10.29%	-1.55%
Max Drawdown (1Y) Largest decline over 1 year	-5.98%	—	—
Current Drawdown Current decline from peak	-0.19%	-0.31%	+0.12%
Average Drawdown Average peak-to-trough decline	-1.87%	-1.51%	-0.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.53%	—	—

Volatility

Volatility by Period

	JANU	UXJL	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.48%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.84%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.55%	13.88%	-4.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.42%	13.88%	-2.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.42%	13.88%	-2.46%

JANU vs. UXJL - Expense Ratio Comparison

JANU has a 0.74% expense ratio, which is lower than UXJL's 0.85% expense ratio.

Dividends

JANU vs. UXJL - Dividend Comparison

Neither JANU nor UXJL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both JANU and UXJL in my portfolio?

With a correlation of 0.97, JANU and UXJL 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, JANU or UXJL?

On fees, JANU is cheaper at 0.74% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JANU or UXJL?

JANU is cheaper with a 0.74% expense ratio, compared with 0.85% for UXJL.

Which ETF pays a higher dividend yield, JANU or UXJL?

JANU and UXJL have nearly identical dividend yields, around 0.00%.

What is the main difference between JANU and UXJL?

They also come from different issuers: AllianzIM and First Trust. Their fees differ too: 0.74% for JANU and 0.85% for UXJL.