NAUG vs. JANB
NAUG (Innovator Growth-100 Power Buffer ETF) and JANB (Aptus January Buffer ETF) are both Defined Outcome funds. Both are actively managed. Their correlation of 0.90 suggests significant overlap in exposure. NAUG charges 0.79%/yr vs 0.25%/yr for JANB.
Performance
NAUG vs. JANB - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NAUG achieves a 6.54% return, which is significantly higher than JANB's 5.19% return.
NAUG
- 1D
- 0.24%
- 1M
- 0.19%
- YTD
- 6.54%
- 6M
- 6.18%
- 1Y
- 15.53%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JANB
- 1D
- -0.05%
- 1M
- -0.52%
- YTD
- 5.19%
- 6M
- 5.00%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NAUG vs. JANB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NAUG Innovator Growth-100 Power Buffer ETF | 6.54% | 2.14% |
JANB Aptus January Buffer ETF | 5.19% | 2.76% |
Correlation
The correlation between NAUG and JANB is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 14, 2025 | 0.90 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NAUG vs. JANB — Risk / Return Rank
NAUG
JANB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
NAUG vs. JANB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Growth-100 Power Buffer ETF (NAUG) 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.
| NAUG | JANB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.43 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.06 | — | — |
| Martin ratioReturn relative to average drawdown | 14.90 | — | — |
Loading charts...
Drawdowns
NAUG vs. JANB - Drawdown Comparison
The maximum NAUG drawdown since its inception was -12.88%, which is greater than JANB's maximum drawdown of -6.52%. Use the drawdown chart below to compare losses from any high point for NAUG and JANB.
Loading charts...
Drawdown Indicators
| NAUG | JANB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.88% | -6.52% | -6.36% |
Max Drawdown (1Y)Largest decline over 1 year | -5.10% | — | — |
Current DrawdownCurrent decline from peak | -0.29% | -1.10% | +0.81% |
Average DrawdownAverage peak-to-trough decline | -1.20% | -1.10% | -0.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.04% | — | — |
Volatility
NAUG vs. JANB - Volatility Comparison
Loading charts...
Volatility by Period
| NAUG | JANB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.32% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 5.46% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 7.22% | 7.47% | -0.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.12% | 7.47% | +3.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.12% | 7.47% | +3.65% |
NAUG vs. JANB - Expense Ratio Comparison
NAUG has a 0.79% expense ratio, which is higher than JANB's 0.25% expense ratio.
Dividends
NAUG vs. JANB - Dividend Comparison
Neither NAUG nor JANB has paid dividends to shareholders.
Frequently Asked Questions
NAUG and JANB have a correlation of 0.90, 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 NAUG.
NAUG 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 NAUG and 0.25% for JANB.
Find the right allocation for NAUG and JANB
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer