JANZ vs. JULZ
Compare and contrast key facts about TrueShares Structured Outcome (January) ETF (JANZ) and Trueshares Structured Outcome (July) ETF (JULZ).
JANZ and JULZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JANZ is an actively managed fund by TrueShares. It was launched on Dec 31, 2020. JULZ is a passively managed fund by TrueShares that tracks the performance of the Cboe S&P 500 Buffer Protect Index July. It was launched on Jun 30, 2020.
Performance
JANZ vs. JULZ - Performance Comparison
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JANZ vs. JULZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
JANZ TrueShares Structured Outcome (January) ETF | -3.53% | 12.47% | 18.10% | 19.09% | -11.43% | 21.58% |
JULZ Trueshares Structured Outcome (July) ETF | -4.68% | 13.23% | 18.76% | 17.65% | -9.34% | 23.02% |
Returns By Period
In the year-to-date period, JANZ achieves a -3.53% return, which is significantly higher than JULZ's -4.68% return.
JANZ
- 1D
- 2.03%
- 1M
- -3.67%
- YTD
- -3.53%
- 6M
- -1.79%
- 1Y
- 12.03%
- 3Y*
- 13.03%
- 5Y*
- 9.05%
- 10Y*
- —
JULZ
- 1D
- 2.26%
- 1M
- -4.57%
- YTD
- -4.68%
- 6M
- -3.09%
- 1Y
- 11.99%
- 3Y*
- 12.93%
- 5Y*
- 9.33%
- 10Y*
- —
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JANZ vs. JULZ - Expense Ratio Comparison
Both JANZ and JULZ have an expense ratio of 0.79%.
Return for Risk
JANZ vs. JULZ — Risk / Return Rank
JANZ
JULZ
JANZ vs. JULZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TrueShares Structured Outcome (January) ETF (JANZ) and Trueshares Structured Outcome (July) ETF (JULZ). 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.
| JANZ | JULZ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.86 | 0.86 | 0.00 |
Sortino ratioReturn per unit of downside risk | 1.33 | 1.32 | 0.00 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.19 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.35 | 1.35 | -0.01 |
Martin ratioReturn relative to average drawdown | 6.37 | 5.61 | +0.76 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JANZ | JULZ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.86 | 0.86 | 0.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.77 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.76 | 0.97 | -0.21 |
Correlation
The correlation between JANZ and JULZ is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
JANZ vs. JULZ - Dividend Comparison
JANZ's dividend yield for the trailing twelve months is around 1.47%, less than JULZ's 12.55% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
JANZ TrueShares Structured Outcome (January) ETF | 1.47% | 1.42% | 2.70% | 2.58% | 0.21% | 4.52% |
JULZ Trueshares Structured Outcome (July) ETF | 12.55% | 11.96% | 3.30% | 3.59% | 0.07% | 0.00% |
Drawdowns
JANZ vs. JULZ - Drawdown Comparison
The maximum JANZ drawdown since its inception was -18.11%, which is greater than JULZ's maximum drawdown of -14.71%. Use the drawdown chart below to compare losses from any high point for JANZ and JULZ.
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Drawdown Indicators
| JANZ | JULZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.11% | -14.71% | -3.40% |
Max Drawdown (1Y)Largest decline over 1 year | -9.28% | -9.10% | -0.18% |
Max Drawdown (5Y)Largest decline over 5 years | -18.11% | -14.71% | -3.40% |
Current DrawdownCurrent decline from peak | -4.94% | -6.46% | +1.52% |
Average DrawdownAverage peak-to-trough decline | -3.58% | -3.04% | -0.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.97% | 2.20% | -0.23% |
Volatility
JANZ vs. JULZ - Volatility Comparison
The current volatility for TrueShares Structured Outcome (January) ETF (JANZ) is 4.06%, while Trueshares Structured Outcome (July) ETF (JULZ) has a volatility of 4.42%. This indicates that JANZ experiences smaller price fluctuations and is considered to be less risky than JULZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JANZ | JULZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.06% | 4.42% | -0.36% |
Volatility (6M)Calculated over the trailing 6-month period | 7.56% | 8.13% | -0.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.04% | 14.04% | 0.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.15% | 12.18% | +0.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.09% | 12.36% | +0.73% |