PWRZ vs. JANZ
PWRZ (TrueShares Eagle Global Next Gen Power Infrastructure ETF) and JANZ (TrueShares Structured Outcome (January) ETF) are both exchange-traded funds - PWRZ is a Infrastructure Equities fund actively managed by TrueShares, while JANZ is a Defined Outcome fund actively managed by TrueShares. Both are actively managed. Their 0.18 correlation means their historical movements had little consistent relationship. PWRZ charges 0.75%/yr vs 0.79%/yr for JANZ.
Performance
PWRZ vs. JANZ - Performance Comparison
Loading charts...
Returns By Period
PWRZ
- 1D
- -0.89%
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
JANZ
- 1D
- -1.26%
- 1M
- -1.33%
- 6M
- 4.22%
- YTD
- 5.25%
- 1Y
- 11.49%
- 3Y*
- 13.21%
- 5Y*
- 9.46%
- 10Y*
- —
- ALL TIME*
- 11.06%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $111.98K | $141.84K | $611.87K | |
| $5.57K | $7.64K | $7.64K |
PWRZ vs. JANZ - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
PWRZ TrueShares Eagle Global Next Gen Power Infrastructure ETF | -2.28% |
JANZ TrueShares Structured Outcome (January) ETF | -2.42% |
Correlation
The correlation between PWRZ and JANZ is 0.18, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 10, 2026 | 0.18 |
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
PWRZ vs. JANZ — Risk / Return Rank
PWRZ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
JANZ
PWRZ vs. JANZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TrueShares Eagle Global Next Gen Power Infrastructure ETF (PWRZ) and TrueShares Structured Outcome (January) ETF (JANZ). 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.
| PWRZ | JANZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.20 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.69 | — |
| Martin ratioReturn relative to average drawdown | — | 6.74 | — |
Loading charts...
Drawdowns
PWRZ vs. JANZ - Drawdown Comparison
The maximum PWRZ drawdown since its inception was -3.62%, smaller than the maximum JANZ drawdown of -18.11%. Use the drawdown chart below to compare losses from any high point for PWRZ and JANZ.
Loading charts...
Drawdown Indicators
| PWRZ | JANZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.62% | -18.11% | +14.49% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.83% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.33% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.11% | — |
Current DrawdownCurrent decline from peak | -3.62% | -3.29% | -0.33% |
Average DrawdownAverage peak-to-trough decline | -1.03% | -3.44% | +2.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.71% | — |
Volatility
PWRZ vs. JANZ - Volatility Comparison
Loading charts...
Volatility by Period
| PWRZ | JANZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.68% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.11% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 11.99% | 10.37% | +1.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.99% | 13.26% | -1.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.99% | 12.97% | -0.98% |
PWRZ vs. JANZ - Expense Ratio Comparison
PWRZ has a 0.75% expense ratio, which is lower than JANZ's 0.79% expense ratio.
Dividends
PWRZ vs. JANZ - Dividend Comparison
PWRZ has not paid dividends to shareholders, while JANZ's dividend yield for the trailing twelve months is around 1.35%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
JANZ TrueShares Structured Outcome (January) ETF | 1.35% | 1.42% | 2.70% | 2.58% | 0.21% | 4.52% |
PWRZ TrueShares Eagle Global Next Gen Power Infrastructure ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PWRZ and JANZ have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PWRZ is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PWRZ is cheaper with a 0.75% expense ratio, compared with 0.79% for JANZ.
JANZ has the higher dividend yield at 1.35%, compared with 0.00% for PWRZ.
PWRZ is categorized as Infrastructure Equities, while JANZ is Defined Outcome. Their fees differ too: 0.75% for PWRZ and 0.79% for JANZ.
Find the right allocation for PWRZ and JANZ
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