SIXF vs. JANP

Last updated Jul 2, 2026

SIXF (Allianzim U.S. Large Cap 6 Month Buffer10 Feb/Aug ETF) and JANP (PGIM US Large-Cap Buffer 12 ETF - January) are both Options Trading funds. Both are actively managed. Over the past year, SIXF returned 15.10% vs 14.96% for JANP. Their correlation of 0.91 suggests significant overlap in exposure. SIXF charges 0.74%/yr vs 0.50%/yr for JANP.

Performance

SIXF vs. JANP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Allianzim U.S. Large Cap 6 Month Buffer10 Feb/Aug ETF (SIXF) and PGIM US Large-Cap Buffer 12 ETF - January (JANP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SIXF achieves a 6.87% return, which is significantly higher than JANP's 6.16% return.

SIXF

• 1D: 0.09%
• 1M: 0.34%
• YTD: 6.87%
• 6M: 6.87%
• 1Y: 15.10%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JANP

• 1D: -0.04%
• 1M: -0.08%
• YTD: 6.16%
• 6M: 6.16%
• 1Y: 14.96%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SIXF vs. JANP - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SIXF Allianzim U.S. Large Cap 6 Month Buffer10 Feb/Aug ETF	6.87%	13.14%	12.53%
JANP PGIM US Large-Cap Buffer 12 ETF - January	6.16%	13.33%	14.07%

Correlation

The correlation between SIXF and JANP is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (All Time) Calculated using the full available price history since Feb 1, 2024	0.91

The correlation between SIXF and JANP has been stable across timeframes, ranging from 0.91 to 0.92 - a consistent structural relationship.

Return for Risk

SIXF vs. JANP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SIXF

SIXF Risk / Return Rank: 86
SIXF Sharpe Ratio Rank: 88
SIXF Sortino Ratio Rank: 90
SIXF Omega Ratio Rank: 90
SIXF Calmar Ratio Rank: 74
SIXF Martin Ratio Rank: 88

JANP

JANP Risk / Return Rank: 76
JANP Sharpe Ratio Rank: 71
JANP Sortino Ratio Rank: 74
JANP Omega Ratio Rank: 82
JANP Calmar Ratio Rank: 67
JANP Martin Ratio Rank: 83

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SIXF vs. JANP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Allianzim U.S. Large Cap 6 Month Buffer10 Feb/Aug ETF (SIXF) and PGIM US Large-Cap Buffer 12 ETF - January (JANP). 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.

	SIXF	JANP	Difference
Sharpe ratio: Return per unit of total volatility	2.44	1.94	+0.50
Sortino ratio: Return per unit of downside risk	3.57	2.82	+0.75
Omega ratio: Gain probability vs. loss probability	1.48	1.42	+0.07
Calmar ratio: Return relative to maximum drawdown	3.15	2.82	+0.32
Martin ratio: Return relative to average drawdown	16.23	14.19	+2.04

SIXF vs. JANP - Sharpe Ratio Comparison

The current SIXF Sharpe Ratio is 2.44, which is comparable to the JANP Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of SIXF and JANP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SIXF vs. JANP - Drawdown Comparison

The maximum SIXF drawdown since its inception was -11.25%, smaller than the maximum JANP drawdown of -12.18%. Use the drawdown chart below to compare losses from any high point for SIXF and JANP.

Drawdown Indicators

	SIXF	JANP	Difference
Max Drawdown Largest peak-to-trough decline	-11.25%	-12.18%	+0.93%
Max Drawdown (1Y) Largest decline over 1 year	-4.82%	-5.32%	+0.50%
Current Drawdown Current decline from peak	0.00%	-0.14%	+0.14%
Average Drawdown Average peak-to-trough decline	-0.79%	-0.89%	+0.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.93%	1.06%	-0.13%

Volatility

SIXF vs. JANP - Volatility Comparison

The current volatility for Allianzim U.S. Large Cap 6 Month Buffer10 Feb/Aug ETF (SIXF) is 1.81%, while PGIM US Large-Cap Buffer 12 ETF - January (JANP) has a volatility of 4.25%. This indicates that SIXF experiences smaller price fluctuations and is considered to be less risky than JANP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SIXF	JANP	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.81%	4.25%	-2.44%
Volatility (6M) Calculated over the trailing 6-month period	5.00%	6.86%	-1.86%
Volatility (1Y) Calculated over the trailing 1-year period	6.21%	7.74%	-1.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.69%	9.30%	-0.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.69%	9.30%	-0.61%

SIXF vs. JANP - Expense Ratio Comparison

SIXF has a 0.74% expense ratio, which is higher than JANP's 0.50% expense ratio.

Dividends

SIXF vs. JANP - Dividend Comparison

Neither SIXF nor JANP has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SIXF and JANP in my portfolio?

With a correlation of 0.92, SIXF and JANP 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 is riskier, SIXF or JANP?

JANP has higher volatility (4.25%) compared to SIXF (1.81%). In terms of maximum drawdown, SIXF dropped -11.25% vs JANP's -12.18%.

Which ETF is better, SIXF or JANP?

On 1-year performance, SIXF leads with 15.10% vs 14.96% for JANP. On fees, JANP is cheaper at 0.50% per year. On volatility, SIXF has been the lower-risk option at 1.81%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SIXF or JANP?

Over the 1-year period, SIXF has performed better with a 15.10% return vs 14.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SIXF or JANP?

JANP is cheaper with a 0.50% expense ratio, compared with 0.74% for SIXF.

Which ETF pays a higher dividend yield, SIXF or JANP?

SIXF and JANP have nearly identical dividend yields, around 0.00%.

What is the main difference between SIXF and JANP?

They also come from different issuers: Allianz and PGIM. Their fees differ too: 0.74% for SIXF and 0.50% for JANP.

Which has better risk-adjusted returns?

SIXF currently has the higher Sharpe Ratio (2.44 vs 1.94), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.