JULB vs. IDME

Last updated Jul 11, 2026

JULB (Aptus July Buffer ETF) and IDME (Aptus International Drawdown Managed Equity ETF) are both exchange-traded funds - JULB is a Defined Outcome fund actively managed by Aptus Capital Advisors, while IDME is a Global Equities fund actively managed by Aptus Capital Advisors. Both are actively managed. A 0.79 correlation means they provide meaningful diversification when combined. JULB charges 0.25%/yr vs 0.65%/yr for IDME.

Performance

JULB vs. IDME - Performance Comparison

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

Returns By Period

In the year-to-date period, JULB achieves a 8.30% return, which is significantly lower than IDME's 16.06% return.

JULB

• 1D: 0.27%
• 1M: 2.01%
• 6M: 7.34%
• YTD: 8.30%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IDME

• 1D: 0.53%
• 1M: 0.56%
• 6M: 12.67%
• YTD: 16.06%
• 1Y: 29.44%
• 3Y*: 17.56%
• 5Y*: —
• 10Y*: —

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

JULB vs. IDME - Yearly Performance Comparison

	2026 (YTD)	2025
JULB Aptus July Buffer ETF	8.30%	2.44%
IDME Aptus International Drawdown Managed Equity ETF	16.06%	5.31%

Correlation

The correlation between JULB and IDME is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 14, 2025	0.79

Return for Risk

JULB vs. IDME — Risk / Return Rank

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

JULB

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

IDME

IDME Risk / Return Rank: 65
IDME Sharpe Ratio Rank: 66
IDME Sortino Ratio Rank: 65
IDME Omega Ratio Rank: 67
IDME Calmar Ratio Rank: 63
IDME Martin Ratio Rank: 67

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.

JULB vs. IDME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aptus July Buffer ETF (JULB) and Aptus International Drawdown Managed Equity ETF (IDME). 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.

	JULB	IDME	Difference
Sharpe ratio: Return per unit of total volatility	—	1.72	—
Sortino ratio: Return per unit of downside risk	—	2.41	—
Omega ratio: Gain probability vs. loss probability	—	1.32	—
Calmar ratio: Return relative to maximum drawdown	—	2.48	—
Martin ratio: Return relative to average drawdown	—	9.61	—

Drawdowns

JULB vs. IDME - Drawdown Comparison

The maximum JULB drawdown since its inception was -5.24%, smaller than the maximum IDME drawdown of -29.20%. Use the drawdown chart below to compare losses from any high point for JULB and IDME.

Drawdown Indicators

	JULB	IDME	Difference
Max Drawdown Largest peak-to-trough decline	-5.24%	-29.20%	+23.96%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.46%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-12.88%	—
Current Drawdown Current decline from peak	0.00%	-1.23%	+1.23%
Average Drawdown Average peak-to-trough decline	-0.79%	-10.97%	+10.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.95%	—

Volatility

Volatility by Period

	JULB	IDME	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.36%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.25%	—
Volatility (1Y) Calculated over the trailing 1-year period	6.74%	16.50%	-9.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.74%	14.78%	-8.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.74%	14.78%	-8.04%

JULB vs. IDME - Expense Ratio Comparison

JULB has a 0.25% expense ratio, which is lower than IDME's 0.65% expense ratio.

Dividends

JULB vs. IDME - Dividend Comparison

JULB has not paid dividends to shareholders, while IDME's dividend yield for the trailing twelve months is around 4.56%.

Position	TTM	2025	2024	2023	2022	2021
IDME Aptus International Drawdown Managed Equity ETF	4.56%	4.90%	5.64%	3.71%	2.62%	1.38%
JULB Aptus July Buffer ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JULB and IDME in my portfolio?

JULB and IDME have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JULB or IDME?

On fees, JULB 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, JULB or IDME?

JULB is cheaper with a 0.25% expense ratio, compared with 0.65% for IDME.

Which ETF pays a higher dividend yield, JULB or IDME?

IDME has the higher dividend yield at 4.56%, compared with 0.00% for JULB.

What is the main difference between JULB and IDME?

JULB is categorized as Defined Outcome, while IDME is Global Equities. Their fees differ too: 0.25% for JULB and 0.65% for IDME.