SIXP vs. JULB

Last updated Jun 3, 2026

SIXP (AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF) and JULB (Aptus July Buffer ETF) are both Defined Outcome funds. Both are actively managed. Their correlation of 0.94 suggests significant overlap in exposure. SIXP charges 0.74%/yr vs 0.25%/yr for JULB.

Performance

SIXP vs. JULB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF (SIXP) and Aptus July Buffer ETF (JULB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with SIXP having a 6.70% return and JULB slightly lower at 6.42%.

SIXP

• 1D: -0.00%
• 1M: 1.89%
• YTD: 6.70%
• 6M: 7.66%
• 1Y: 18.30%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JULB

• 1D: 0.02%
• 1M: 2.27%
• YTD: 6.42%
• 6M: 7.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SIXP vs. JULB - Yearly Performance Comparison

	2026 (YTD)	2025
SIXP AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF	6.70%	2.88%
JULB Aptus July Buffer ETF	6.42%	2.56%

Correlation

The correlation between SIXP and JULB is 0.94, 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 15, 2025	0.94

Return for Risk

SIXP vs. JULB — Risk / Return Rank

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

SIXP

SIXP Risk / Return Rank: 88
SIXP Sharpe Ratio Rank: 86
SIXP Sortino Ratio Rank: 90
SIXP Omega Ratio Rank: 91
SIXP Calmar Ratio Rank: 79
SIXP Martin Ratio Rank: 92

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.

SIXP vs. JULB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF (SIXP) 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.

	SIXP	JULB	Difference
Sharpe ratio Return per unit of total volatility	2.93	—	—
Sortino ratio Return per unit of downside risk	4.30	—	—
Omega ratio Gain probability vs. loss probability	1.62	—	—
Calmar ratio Return relative to maximum drawdown	4.14	—	—
Martin ratio Return relative to average drawdown	22.90	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SIXP	JULB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.93	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.55	2.20	-0.65

Drawdowns

SIXP vs. JULB - Drawdown Comparison

The maximum SIXP drawdown since its inception was -11.28%, which is greater than JULB's maximum drawdown of -5.24%. Use the drawdown chart below to compare losses from any high point for SIXP and JULB.

Drawdown Indicators

	SIXP	JULB	Difference
Max Drawdown Largest peak-to-trough decline	-11.28%	-5.24%	-6.04%
Max Drawdown (1Y) Largest decline over 1 year	-4.48%	—	—
Current Drawdown Current decline from peak	-0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.83%	-0.88%	+0.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.81%	—	—

Volatility

Volatility by Period

	SIXP	JULB	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.83%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.00%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	6.27%	6.83%	-0.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.00%	6.83%	+2.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.00%	6.83%	+2.17%

SIXP vs. JULB - Expense Ratio Comparison

SIXP has a 0.74% expense ratio, which is higher than JULB's 0.25% expense ratio.

Dividends

SIXP vs. JULB - Dividend Comparison

Neither SIXP nor JULB has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SIXP and JULB in my portfolio?

With a correlation of 0.94, SIXP 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, SIXP or JULB?

On fees, JULB is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SIXP or JULB?

JULB is cheaper with a 0.25% expense ratio, compared with 0.74% for SIXP.

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

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

What is the main difference between SIXP and JULB?

They also come from different issuers: Allianz and Aptus Capital Advisors. Their fees differ too: 0.74% for SIXP and 0.25% for JULB.