JANZ vs. OCTZ
Compare and contrast key facts about TrueShares Structured Outcome (January) ETF (JANZ) and TrueShares Structured Outcome (October) ETF (OCTZ).
JANZ and OCTZ 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. OCTZ is an actively managed fund by TrueShares. It was launched on Sep 30, 2020.
Performance
JANZ vs. OCTZ - Performance Comparison
Loading graphics...
JANZ vs. OCTZ - 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% |
OCTZ TrueShares Structured Outcome (October) ETF | -3.41% | 12.89% | 18.89% | 18.18% | -10.23% | 21.97% |
Returns By Period
The year-to-date returns for both investments are quite close, with JANZ having a -3.53% return and OCTZ slightly higher at -3.41%.
JANZ
- 1D
- 2.03%
- 1M
- -3.67%
- YTD
- -3.53%
- 6M
- -1.79%
- 1Y
- 12.03%
- 3Y*
- 13.03%
- 5Y*
- 9.05%
- 10Y*
- —
OCTZ
- 1D
- 2.03%
- 1M
- -3.58%
- YTD
- -3.41%
- 6M
- -1.67%
- 1Y
- 12.51%
- 3Y*
- 13.32%
- 5Y*
- 9.45%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
JANZ vs. OCTZ - Expense Ratio Comparison
Both JANZ and OCTZ have an expense ratio of 0.79%.
Return for Risk
JANZ vs. OCTZ — Risk / Return Rank
JANZ
OCTZ
JANZ vs. OCTZ - 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 (October) ETF (OCTZ). 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 | OCTZ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.86 | 0.92 | -0.06 |
Sortino ratioReturn per unit of downside risk | 1.33 | 1.40 | -0.07 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.20 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.35 | 1.41 | -0.06 |
Martin ratioReturn relative to average drawdown | 6.37 | 6.21 | +0.16 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| JANZ | OCTZ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.86 | 0.92 | -0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.77 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.76 | 0.91 | -0.15 |
Correlation
The correlation between JANZ and OCTZ 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. OCTZ - Dividend Comparison
JANZ's dividend yield for the trailing twelve months is around 1.47%, less than OCTZ's 4.13% 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% |
OCTZ TrueShares Structured Outcome (October) ETF | 4.13% | 3.99% | 1.26% | 3.28% | 0.67% | 0.00% |
Drawdowns
JANZ vs. OCTZ - Drawdown Comparison
The maximum JANZ drawdown since its inception was -18.11%, which is greater than OCTZ's maximum drawdown of -15.82%. Use the drawdown chart below to compare losses from any high point for JANZ and OCTZ.
Loading graphics...
Drawdown Indicators
| JANZ | OCTZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.11% | -15.82% | -2.29% |
Max Drawdown (1Y)Largest decline over 1 year | -9.28% | -9.09% | -0.19% |
Max Drawdown (5Y)Largest decline over 5 years | -18.11% | -15.82% | -2.29% |
Current DrawdownCurrent decline from peak | -4.94% | -5.43% | +0.49% |
Average DrawdownAverage peak-to-trough decline | -3.58% | -3.23% | -0.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.97% | 2.06% | -0.09% |
Volatility
JANZ vs. OCTZ - Volatility Comparison
TrueShares Structured Outcome (January) ETF (JANZ) and TrueShares Structured Outcome (October) ETF (OCTZ) have volatilities of 4.06% and 4.09%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| JANZ | OCTZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.06% | 4.09% | -0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 7.56% | 7.56% | 0.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.04% | 13.64% | +0.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.15% | 12.41% | +0.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.09% | 12.45% | +0.64% |