KMAR vs. JANB
KMAR (Innovator U.S. Small Cap Power Buffer ETF - March) and JANB (Aptus January Buffer ETF) are both Defined Outcome funds. KMAR is passively managed, while JANB is actively managed. A 0.79 correlation means they provide meaningful diversification when combined. KMAR charges 0.79%/yr vs 0.25%/yr for JANB.
Performance
KMAR vs. JANB - Performance Comparison
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Returns By Period
In the year-to-date period, KMAR achieves a 11.31% return, which is significantly higher than JANB's 5.24% return.
KMAR
- 1D
- 0.23%
- 1M
- 1.99%
- YTD
- 11.31%
- 6M
- 10.34%
- 1Y
- 23.23%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JANB
- 1D
- -0.07%
- 1M
- -0.23%
- YTD
- 5.24%
- 6M
- 5.06%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KMAR vs. JANB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
KMAR Innovator U.S. Small Cap Power Buffer ETF - March | 11.31% | 2.52% |
JANB Aptus January Buffer ETF | 5.24% | 2.76% |
Correlation
The correlation between KMAR and JANB 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 |
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Return for Risk
KMAR vs. JANB — Risk / Return Rank
KMAR
JANB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
KMAR 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 - March (KMAR) 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.
| KMAR | JANB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.46 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 4.77 | — | — |
| Martin ratioReturn relative to average drawdown | 19.52 | — | — |
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Drawdowns
KMAR vs. JANB - Drawdown Comparison
The maximum KMAR drawdown since its inception was -11.32%, which is greater than JANB's maximum drawdown of -6.52%. Use the drawdown chart below to compare losses from any high point for KMAR and JANB.
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Drawdown Indicators
| KMAR | JANB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.32% | -6.52% | -4.80% |
Max Drawdown (1Y)Largest decline over 1 year | -4.89% | — | — |
Current DrawdownCurrent decline from peak | -0.30% | -1.04% | +0.74% |
Average DrawdownAverage peak-to-trough decline | -1.34% | -1.10% | -0.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.19% | — | — |
Volatility
KMAR vs. JANB - Volatility Comparison
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Volatility by Period
| KMAR | JANB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.99% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 6.72% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 9.44% | 7.49% | +1.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.15% | 7.49% | +4.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.15% | 7.49% | +4.66% |
KMAR vs. JANB - Expense Ratio Comparison
KMAR has a 0.79% expense ratio, which is higher than JANB's 0.25% expense ratio.
Dividends
KMAR vs. JANB - Dividend Comparison
Neither KMAR nor JANB has paid dividends to shareholders.
Frequently Asked Questions
KMAR and JANB 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.
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 KMAR.
KMAR 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 KMAR and 0.25% for JANB.
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