OCTB vs. JULB

Last updated Aug 4, 2026

OCTB (Aptus October Buffer ETF) and JULB (Aptus July Buffer ETF) are both Defined Outcome funds from Aptus. Both are actively managed. Their 0.96 correlation means they have historically moved very closely together. Both charge a 0.25% expense ratio.

Performance

OCTB vs. JULB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aptus October Buffer ETF (OCTB) and Aptus July Buffer ETF (JULB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OCTB achieves a 7.75% return, which is significantly lower than JULB's 8.79% return.

OCTB

• 1D: 0.45%
• 1M: 1.30%
• 6M: 6.50%
• YTD: 7.75%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

JULB

• 1D: 0.65%
• 1M: 1.23%
• 6M: 7.52%
• YTD: 8.79%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
JULB Aptus July Buffer ETF	$147.19K	$170.46K	$229.15K
OCTB Aptus October Buffer ETF	$69.66K	$87.45K	$69.55K

OCTB vs. JULB - Yearly Performance Comparison

	2026 (YTD)	2025
OCTB Aptus October Buffer ETF	7.75%	2.37%
JULB Aptus July Buffer ETF	8.79%	2.44%

Correlation

The correlation between OCTB and JULB is 0.96 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 14, 2025	0.96

Return for Risk

OCTB vs. JULB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aptus October Buffer ETF (OCTB) and Aptus July Buffer ETF (JULB). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

OCTB vs. JULB - Drawdown Comparison

The maximum OCTB drawdown since its inception was -4.79%, smaller than the maximum JULB drawdown of -5.24%. Use the drawdown chart below to compare losses from any high point for OCTB and JULB.

Drawdown Indicators

	OCTB	JULB	Difference
Max Drawdown Largest peak-to-trough decline	-4.79%	-5.24%	+0.45%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.65%	-0.78%	+0.13%

Volatility

Volatility by Period

	OCTB	JULB	Difference
Volatility (1Y) Calculated over the trailing 1-year period	7.15%	6.83%	+0.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.15%	6.83%	+0.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.15%	6.83%	+0.32%

OCTB vs. JULB - Expense Ratio Comparison

Both OCTB and JULB have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

OCTB vs. JULB - Dividend Comparison

Neither OCTB nor JULB has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both OCTB and JULB in my portfolio?

With a correlation of 0.96, OCTB and JULB 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 ETF is better, OCTB or JULB?

Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, OCTB or JULB?

OCTB and JULB have the same expense ratio: 0.25% per year.

Which ETF pays a higher dividend yield, OCTB or JULB?

OCTB and JULB have nearly identical dividend yields, around 0.00%.