JUNZ vs. ONEZ

Last updated Jun 4, 2026

JUNZ (TrueShares Structured Outcome (June) ETF) and ONEZ (TrueShares Seasonality Laddered Buffered ETF) are both Defined Outcome funds from TrueShares. JUNZ is passively managed, while ONEZ is actively managed. Over the past year, JUNZ returned 21.10% vs 17.56% for ONEZ. Their correlation of 0.91 suggests significant overlap in exposure. JUNZ charges 0.79%/yr vs 0.98%/yr for ONEZ.

Performance

JUNZ vs. ONEZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TrueShares Structured Outcome (June) ETF (JUNZ) and TrueShares Seasonality Laddered Buffered ETF (ONEZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JUNZ achieves a 8.42% return, which is significantly higher than ONEZ's 7.27% return.

JUNZ

• 1D: -0.40%
• 1M: 4.04%
• YTD: 8.42%
• 6M: 8.23%
• 1Y: 21.10%
• 3Y*: 16.22%
• 5Y*: 9.84%
• 10Y*: —

ONEZ

• 1D: -0.47%
• 1M: 3.77%
• YTD: 7.27%
• 6M: 7.15%
• 1Y: 17.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JUNZ vs. ONEZ - Yearly Performance Comparison

	2026 (YTD)	2025
JUNZ TrueShares Structured Outcome (June) ETF	8.42%	11.02%
ONEZ TrueShares Seasonality Laddered Buffered ETF	7.27%	8.99%

Correlation

The correlation between JUNZ and ONEZ is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (All Time) Calculated using the full available price history since Jan 28, 2025	0.91

The correlation between JUNZ and ONEZ has been stable across timeframes, ranging from 0.91 to 0.91 - a consistent structural relationship.

Return for Risk

JUNZ vs. ONEZ — Risk / Return Rank

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

JUNZ

JUNZ Risk / Return Rank: 61
JUNZ Sharpe Ratio Rank: 64
JUNZ Sortino Ratio Rank: 64
JUNZ Omega Ratio Rank: 63
JUNZ Calmar Ratio Rank: 52
JUNZ Martin Ratio Rank: 63

ONEZ

ONEZ Risk / Return Rank: 58
ONEZ Sharpe Ratio Rank: 58
ONEZ Sortino Ratio Rank: 59
ONEZ Omega Ratio Rank: 56
ONEZ Calmar Ratio Rank: 55
ONEZ Martin Ratio Rank: 63

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.

JUNZ vs. ONEZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TrueShares Structured Outcome (June) ETF (JUNZ) and TrueShares Seasonality Laddered Buffered ETF (ONEZ). 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.

	JUNZ	ONEZ	Difference
Sharpe ratio: Return per unit of total volatility	2.12	1.91	+0.21
Sortino ratio: Return per unit of downside risk	2.96	2.76	+0.20
Omega ratio: Gain probability vs. loss probability	1.38	1.34	+0.04
Calmar ratio: Return relative to maximum drawdown	2.56	2.67	-0.11
Martin ratio: Return relative to average drawdown	11.27	11.14	+0.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JUNZ vs. ONEZ - Sharpe Ratio Comparison

The current JUNZ Sharpe Ratio is 2.12, which is comparable to the ONEZ Sharpe Ratio of 1.91. The chart below compares the historical Sharpe Ratios of JUNZ and ONEZ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JUNZ	ONEZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.12	1.91	+0.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.84	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.85	1.04	-0.19

Drawdowns

JUNZ vs. ONEZ - Drawdown Comparison

The maximum JUNZ drawdown since its inception was -17.88%, which is greater than ONEZ's maximum drawdown of -13.24%. Use the drawdown chart below to compare losses from any high point for JUNZ and ONEZ.

Drawdown Indicators

	JUNZ	ONEZ	Difference
Max Drawdown Largest peak-to-trough decline	-17.88%	-13.24%	-4.64%
Max Drawdown (1Y) Largest decline over 1 year	-8.27%	-6.60%	-1.67%
Max Drawdown (3Y) Largest decline over 3 years	-14.06%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-17.88%	—	—
Current Drawdown Current decline from peak	-0.40%	-0.61%	+0.21%
Average Drawdown Average peak-to-trough decline	-4.27%	-2.07%	-2.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.88%	1.58%	+0.30%

Volatility

JUNZ vs. ONEZ - Volatility Comparison

TrueShares Structured Outcome (June) ETF (JUNZ) and TrueShares Seasonality Laddered Buffered ETF (ONEZ) have volatilities of 2.45% and 2.54%, 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.

Volatility by Period

	JUNZ	ONEZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.45%	2.54%	-0.09%
Volatility (6M) Calculated over the trailing 6-month period	7.85%	7.03%	+0.82%
Volatility (1Y) Calculated over the trailing 1-year period	10.01%	9.23%	+0.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.74%	11.88%	-0.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.73%	11.88%	-0.15%

JUNZ vs. ONEZ - Expense Ratio Comparison

JUNZ has a 0.79% expense ratio, which is lower than ONEZ's 0.98% expense ratio.

Dividends

JUNZ vs. ONEZ - Dividend Comparison

JUNZ's dividend yield for the trailing twelve months is around 2.12%, less than ONEZ's 3.70% yield.

Position	TTM	2025	2024	2023	2022	2021
JUNZ TrueShares Structured Outcome (June) ETF	2.12%	2.30%	3.97%	6.03%	0.56%	0.32%
ONEZ TrueShares Seasonality Laddered Buffered ETF	3.70%	3.97%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JUNZ and ONEZ in my portfolio?

With a correlation of 0.91, JUNZ and ONEZ 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 is riskier, JUNZ or ONEZ?

ONEZ has higher volatility (2.54%) compared to JUNZ (2.45%). In terms of maximum drawdown, JUNZ dropped -17.88% vs ONEZ's -13.24%.

Which ETF is better, JUNZ or ONEZ?

On 1-year performance, JUNZ leads with 21.10% vs 17.56% for ONEZ. On fees, JUNZ is cheaper at 0.79% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JUNZ or ONEZ?

Over the 1-year period, JUNZ has performed better with a 21.10% return vs 17.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JUNZ or ONEZ?

JUNZ is cheaper with a 0.79% expense ratio, compared with 0.98% for ONEZ.

Which ETF pays a higher dividend yield, JUNZ or ONEZ?

ONEZ has the higher dividend yield at 3.70%, compared with 2.12% for JUNZ.

What is the main difference between JUNZ and ONEZ?

Their fees differ too: 0.79% for JUNZ and 0.98% for ONEZ.

Which has better risk-adjusted returns?

JUNZ currently has the higher Sharpe Ratio (2.12 vs 1.91), 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.