JULZ vs. LITL
JULZ (Trueshares Structured Outcome (July) ETF) and LITL (Simplify Piper Sandler US Small-Cap PLUS Income ETF) are both exchange-traded funds - JULZ is a Options Trading fund tracking the Cboe S&P 500 Buffer Protect Index July, while LITL is a Small Cap Blend Equities fund actively managed by Simplify. JULZ is passively managed, while LITL is actively managed. Over the past year, JULZ returned 17.33% vs 34.58% for LITL. Their 0.73 correlation means they have sometimes moved together and sometimes differently. JULZ charges 0.79%/yr vs 0.91%/yr for LITL.
Performance
JULZ vs. LITL - Performance Comparison
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Returns By Period
In the year-to-date period, JULZ achieves a 8.76% return, which is significantly lower than LITL's 17.71% return.
JULZ
- 1D
- 1.00%
- 1M
- 1.26%
- 6M
- 7.24%
- YTD
- 8.76%
- 1Y
- 17.33%
- 3Y*
- 15.46%
- 5Y*
- 10.54%
- 10Y*
- —
- ALL TIME*
- 13.71%
LITL
- 1D
- 2.32%
- 1M
- -0.14%
- 6M
- 13.50%
- YTD
- 17.71%
- 1Y
- 34.58%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 30.54%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $260.22K | $312.98K | $254.49K | |
| $101.38K | $73.38K | $60.57K |
JULZ vs. LITL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
JULZ Trueshares Structured Outcome (July) ETF | 8.76% | 18.49% |
LITL Simplify Piper Sandler US Small-Cap PLUS Income ETF | 17.71% | 18.93% |
Correlation
The correlation between JULZ and LITL is 0.70, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.70 |
Correlation (All Time) Calculated using the full available price history since Apr 29, 2025 | 0.73 |
The correlation between JULZ and LITL has been stable across timeframes, ranging from 0.70 to 0.73 - a consistent structural relationship.
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Return for Risk
JULZ vs. LITL — Risk / Return Rank
JULZ
LITL
JULZ vs. LITL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Trueshares Structured Outcome (July) ETF (JULZ) and Simplify Piper Sandler US Small-Cap PLUS Income ETF (LITL). 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.
| JULZ | LITL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.35 | ||
| Sortino ratioReturn per unit of downside risk | -0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.33 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.04 | 3.73 | -1.69 |
| Martin ratioReturn relative to average drawdown | 8.19 | 11.66 | -3.46 |
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Drawdowns
JULZ vs. LITL - Drawdown Comparison
The maximum JULZ drawdown since its inception was -14.71%, which is greater than LITL's maximum drawdown of -9.32%. Use the drawdown chart below to compare losses from any high point for JULZ and LITL.
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Drawdown Indicators
| JULZ | LITL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.71% | -9.32% | -5.39% |
Max Drawdown (1Y)Largest decline over 1 year | -8.53% | -9.32% | +0.79% |
Max Drawdown (3Y)Largest decline over 3 years | -14.71% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -14.71% | — | — |
Current DrawdownCurrent decline from peak | -0.55% | -0.72% | +0.17% |
Average DrawdownAverage peak-to-trough decline | -2.95% | -2.23% | -0.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.12% | 2.97% | -0.85% |
Volatility
JULZ vs. LITL - Volatility Comparison
The current volatility for Trueshares Structured Outcome (July) ETF (JULZ) is 2.89%, while Simplify Piper Sandler US Small-Cap PLUS Income ETF (LITL) has a volatility of 4.27%. This indicates that JULZ experiences smaller price fluctuations and is considered to be less risky than LITL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JULZ | LITL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.89% | 4.27% | -1.38% |
Volatility (6M)Calculated over the trailing 6-month period | 8.93% | 12.34% | -3.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.08% | 18.13% | -7.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.33% | 18.40% | -6.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.33% | 18.40% | -6.07% |
JULZ vs. LITL - Expense Ratio Comparison
JULZ has a 0.79% expense ratio, which is lower than LITL's 0.91% expense ratio.
Dividends
JULZ vs. LITL - Dividend Comparison
JULZ's dividend yield for the trailing twelve months is around 11.00%, more than LITL's 1.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
JULZ Trueshares Structured Outcome (July) ETF | 11.00% | 11.96% | 3.30% | 3.59% | 0.07% |
LITL Simplify Piper Sandler US Small-Cap PLUS Income ETF | 1.63% | 0.71% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JULZ and LITL have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LITL has higher volatility (4.27%) compared to JULZ (2.89%). In terms of maximum drawdown, JULZ dropped -14.71% vs LITL's -9.32%.
On 1-year performance, LITL leads with 34.58% vs 17.33% for JULZ. On fees, JULZ is cheaper at 0.79% per year. On volatility, JULZ has been the lower-risk option at 2.89%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, LITL has performed better with a 34.58% return vs 17.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
JULZ is cheaper with a 0.79% expense ratio, compared with 0.91% for LITL.
JULZ has the higher dividend yield at 11.00%, compared with 1.63% for LITL.
JULZ is categorized as Options Trading, while LITL is Small Cap Blend Equities. They also come from different issuers: TrueShares and Simplify. Their fees differ too: 0.79% for JULZ and 0.91% for LITL.
LITL currently has the higher Sharpe Ratio (1.92 vs 1.57), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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