JANZ vs PMMR
TrueShares Structured Outcome (January) ETF vs PGIM S&P 500 Max Buffer ETF - March
Which is better, JANZ or PMMR?
JANZ has been ahead.
PMMR has a lower expense ratio. JANZ led over 1Y 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 | PMMR |
|---|---|---|
| Expense Ratio | 0.80% | 0.50%Best |
| AUM | $42M | $6M |
| Dividend Yield | 1.30% | 0.00% |
| Holdings | 32 | 14 |
| YTD Return | +9.88%Best | +4.34% |
| 1Y Return | +10.64%Best | +5.95% |
| 3Y Return (annualized) | +15.48% | - |
| 5Y Return (annualized) | +9.90% | - |
| Volatility (annualized) | 9.2% | 1.8%Best |
| Max Drawdown | -11.3% | -2.4%Best |
| $10,000 over 1.6 years | $12,227Best | $11,040 |
| Fund Family | TrueShares | PGIM Investments |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Dec 31, 2020 | Feb 28, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.6 years row, are measured over the window both funds cover: Mar 3, 2025 to Oct 14, 2026 (1.6 years).
JANZ vs PMMR 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 1.6 years both funds cover.
JANZ vs PMMR Performance
TrueShares Structured Outcome (January) ETF (JANZ) is an ETF from TrueShares and PGIM S&P 500 Max Buffer ETF - March (PMMR) is an ETF from PGIM Investments. Over the past year JANZ returned +10.64% while PMMR returned +5.95%. Year to date, JANZ is up 9.88% versus a gain of 4.34% for PMMR.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JANZ has been the more volatile fund, with annualized monthly volatility of 9.2% compared with 1.8% for PMMR. 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 -11.3% for JANZ and -2.4% for PMMR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JANZ charges 0.80% per year while PMMR 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 PMMR.
You are not choosing between two funds in isolation.
Whichever of JANZ and PMMR 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 PMMR?
JANZ has an expense ratio of 0.80% while PMMR charges 0.50%. PMMR is the cheaper option, by $30 a year on a $10,000 investment.
Which performed better, JANZ or PMMR?
Over the past year JANZ returned +10.64% vs +5.95% for PMMR, so JANZ leads on 1-year performance. Over the longest common window we track (2 years), JANZ annualized +13.39% vs +6.38% for PMMR. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JANZ or PMMR?
JANZ has been the more volatile fund at 9.2% annualized versus 1.8% for PMMR. Worst drawdown: JANZ -11.3% vs PMMR -2.4%.
Should I hold both JANZ and PMMR?
JANZ and PMMR have a monthly-return correlation of 0.86, 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 PMMR?
JANZ yields 1.30% while PMMR yields 0.00%, so JANZ currently pays the higher dividend yield.
Is PMMR better than JANZ?
PMMR has a lower expense ratio. JANZ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.