JANZ vs PBDE
TrueShares Structured Outcome (January) ETF vs PGIM S&P 500 Buffer 20 ETF - December
Which is better, JANZ or PBDE?
Each has led over a different period.
PBDE has a lower expense ratio. JANZ led over the full window, PBDE over 1Y. The two have moved almost in lockstep, correlation 0.94.
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 | PBDE |
|---|---|---|
| Expense Ratio | 0.80% | 0.50%Best |
| AUM | $42M | $39M |
| Dividend Yield | 1.30% | 0.00% |
| Holdings | 32 | 14 |
| YTD Return | +9.88%Best | +8.20% |
| 1Y Return | +10.64% | +11.42%Best |
| 3Y Return (annualized) | +15.48% | - |
| 5Y Return (annualized) | +9.90% | - |
| Volatility (annualized) | 8.9% | 4.7%Best |
| Max Drawdown | -14.3% | -8.7%Best |
| $10,000 over 2.4 years | $13,255Best | $12,713 |
| Fund Family | TrueShares | PGIM Investments |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Dec 31, 2020 | May 24, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: May 24, 2024 to Oct 14, 2026 (2.4 years).
JANZ vs PBDE 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 2.4 years both funds cover.
JANZ vs PBDE Performance
TrueShares Structured Outcome (January) ETF (JANZ) is an ETF from TrueShares and PGIM S&P 500 Buffer 20 ETF - December (PBDE) is an ETF from PGIM Investments. Over the past year JANZ returned +10.64% while PBDE returned +11.42%. Year to date, JANZ is up 9.88% versus a gain of 8.20% for PBDE.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JANZ has been the more volatile fund, with annualized monthly volatility of 8.9% compared with 4.7% for PBDE. 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 -8.7% for PBDE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
JANZ charges 0.80% per year while PBDE charges 0.50%. On a $10,000 position that is $80 vs $50 annually, a gap of $30 per year that compounds over a long holding period. On income, JANZ currently yields 1.30% against 0.00% for PBDE.
You are not choosing between two funds in isolation.
Whichever of JANZ and PBDE 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 PBDE?
JANZ has an expense ratio of 0.80% while PBDE charges 0.50%. PBDE is the cheaper option, by $30 a year on a $10,000 investment.
Which performed better, JANZ or PBDE?
Over the past year JANZ returned +10.64% vs +11.42% for PBDE, so PBDE leads on 1-year performance. Over the longest common window we track (2 years), JANZ annualized +12.46% vs +10.52% for PBDE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JANZ or PBDE?
JANZ has been the more volatile fund at 8.9% annualized versus 4.7% for PBDE. Worst drawdown: JANZ -14.3% vs PBDE -8.7%.
Should I hold both JANZ and PBDE?
JANZ and PBDE have a monthly-return correlation of 0.94, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, JANZ or PBDE?
JANZ yields 1.30% while PBDE yields 0.00%, so JANZ currently pays the higher dividend yield.
Is PBDE better than JANZ?
PBDE has a lower expense ratio. JANZ led over the full window, PBDE over 1Y. The two have moved almost in lockstep, correlation 0.94. Which one suits a particular account depends on what it is for. This is information, not a recommendation.