KDEC vs. JANB
KDEC (Innovator U.S. Small Cap Power Buffer ETF - December) and JANB (Aptus January Buffer ETF) are both Defined Outcome funds. Both are actively managed. A 0.74 correlation means they provide meaningful diversification when combined. KDEC charges 0.79%/yr vs 0.25%/yr for JANB.
Performance
KDEC vs. JANB - Performance Comparison
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Returns By Period
In the year-to-date period, KDEC achieves a 10.13% return, which is significantly higher than JANB's 5.32% return.
KDEC
- 1D
- -0.35%
- 1M
- 1.66%
- YTD
- 10.13%
- 6M
- 8.90%
- 1Y
- 18.29%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JANB
- 1D
- -0.50%
- 1M
- -0.15%
- YTD
- 5.32%
- 6M
- 5.27%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KDEC vs. JANB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
KDEC Innovator U.S. Small Cap Power Buffer ETF - December | 10.13% | -0.20% |
JANB Aptus January Buffer ETF | 5.32% | 2.76% |
Correlation
The correlation between KDEC and JANB is 0.74, 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 | 0.74 |
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Return for Risk
KDEC vs. JANB — Risk / Return Rank
KDEC
JANB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
KDEC vs. JANB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Small Cap Power Buffer ETF - December (KDEC) and Aptus January Buffer ETF (JANB). 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.
| KDEC | JANB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.34 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.41 | — | — |
| Martin ratioReturn relative to average drawdown | 11.25 | — | — |
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Drawdowns
KDEC vs. JANB - Drawdown Comparison
The maximum KDEC drawdown since its inception was -16.52%, which is greater than JANB's maximum drawdown of -6.52%. Use the drawdown chart below to compare losses from any high point for KDEC and JANB.
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Drawdown Indicators
| KDEC | JANB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.52% | -6.52% | -10.00% |
Max Drawdown (1Y)Largest decline over 1 year | -5.38% | — | — |
Current DrawdownCurrent decline from peak | -0.35% | -0.97% | +0.62% |
Average DrawdownAverage peak-to-trough decline | -2.96% | -1.10% | -1.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.63% | — | — |
Volatility
KDEC vs. JANB - Volatility Comparison
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Volatility by Period
| KDEC | JANB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.26% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 6.73% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 9.56% | 7.51% | +2.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.28% | 7.51% | +4.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.28% | 7.51% | +4.77% |
KDEC vs. JANB - Expense Ratio Comparison
KDEC has a 0.79% expense ratio, which is higher than JANB's 0.25% expense ratio.
Dividends
KDEC vs. JANB - Dividend Comparison
Neither KDEC nor JANB has paid dividends to shareholders.
Frequently Asked Questions
KDEC and JANB have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JANB is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JANB is cheaper with a 0.25% expense ratio, compared with 0.79% for KDEC.
KDEC and JANB have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Innovator and Aptus Capital Advisors. Their fees differ too: 0.79% for KDEC and 0.25% for JANB.
Find the right allocation for KDEC and JANB
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