JANZ vs LOCT
TrueShares Structured Outcome (January) ETF vs Innovator Premium Income 15 Buffer ETF - October
Which is better, JANZ or LOCT?
JANZ has been ahead.
LOCT has a lower expense ratio. JANZ led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | JANZ | LOCT |
|---|---|---|
| Expense Ratio | 0.80% | 0.79%Best |
| AUM | $42M | $11M |
| Dividend Yield | 1.30% | 5.18% |
| Holdings | 32 | 12 |
| YTD Return | +10.18%Best | +0.05% |
| 1Y Return | +10.69%Best | +1.35% |
| 3Y Return (annualized) | +15.57%Best | +0.00% |
| 5Y Return (annualized) | +9.82% | - |
| Volatility (annualized) | 9.3% | 6.0%Best |
| Max Drawdown | -14.3% | -10.5%Best |
| $10,000 over 3 years | $15,617Best | $10,048 |
| Fund Family | TrueShares | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Dec 31, 2020 | Oct 2, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Oct 2, 2023 to Oct 15, 2026 (3 years).
JANZ vs LOCT growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3 years both funds cover.
JANZ vs LOCT Performance
TrueShares Structured Outcome (January) ETF (JANZ) is an ETF from TrueShares and Innovator Premium Income 15 Buffer ETF - October (LOCT) is an ETF from Innovator ETFs Trust. Over the past year JANZ returned +10.69% while LOCT returned +1.35%. Year to date, JANZ is up 10.18% versus a gain of 0.05% for LOCT.
Over three years, JANZ compounded at +15.57% per year against +0.00% for LOCT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JANZ has been the more volatile fund, with annualized monthly volatility of 9.3% compared with 6.0% for LOCT. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -14.3% for JANZ and -10.5% for LOCT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.06. They move largely independently of each other.
Fees and Cost Over Time
JANZ charges 0.80% per year while LOCT charges 0.79%. On a $10,000 position that is $80 vs $79 annually, a gap of $1 per year that compounds over a long holding period. On income, JANZ currently yields 1.30% against 5.18% for LOCT.
You are not choosing between two funds in isolation.
Whichever of JANZ and LOCT you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, JANZ or LOCT?
JANZ has an expense ratio of 0.80% while LOCT charges 0.79%. LOCT is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, JANZ or LOCT?
Over the past year JANZ returned +10.69% vs +1.35% for LOCT, so JANZ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JANZ or LOCT?
JANZ has been the more volatile fund at 9.3% annualized versus 6.0% for LOCT. Worst drawdown: JANZ -14.3% vs LOCT -10.5%.
Should I hold both JANZ and LOCT?
JANZ and LOCT have a monthly-return correlation of 0.06, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, JANZ or LOCT?
JANZ yields 1.30% while LOCT yields 5.18%, so LOCT currently pays the higher dividend yield.
Is LOCT better than JANZ?
LOCT has a lower expense ratio. JANZ led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.