JANZ vs XTJL
TrueShares Structured Outcome (January) ETF vs Innovator US Equity Accelerated Plus ETF - July
Which is better, JANZ or XTJL?
XTJL has been ahead.
XTJL has a lower expense ratio. XTJL led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92.
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 | XTJL |
|---|---|---|
| Expense Ratio | 0.80% | 0.79%Best |
| AUM | $42M | $17M |
| Dividend Yield | 1.30% | 0.00% |
| Holdings | 32 | 21 |
| YTD Return | +9.88%Best | +9.63% |
| 1Y Return | +10.64% | +13.15%Best |
| 3Y Return (annualized) | +15.48% | +16.02%Best |
| 5Y Return (annualized) | +9.90% | +9.94%Best |
| Volatility (annualized) | 12.1%Best | 12.2% |
| Max Drawdown | -18.1%Best | -23.2% |
| $10,000 over 5 years | $16,032 | $16,061Best |
| Fund Family | TrueShares | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Dec 31, 2020 | Jun 30, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jul 1, 2021 to Oct 14, 2026 (5.3 years).
JANZ vs XTJL 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 5.3 years both funds cover.
JANZ vs XTJL Performance
TrueShares Structured Outcome (January) ETF (JANZ) is an ETF from TrueShares and Innovator US Equity Accelerated Plus ETF - July (XTJL) is an ETF from Innovator ETFs Trust. Over the past year JANZ returned +10.64% while XTJL returned +13.15%. Year to date, JANZ is up 9.88% versus a gain of 9.63% for XTJL.
Over three years, JANZ compounded at +15.48% per year against +16.02% for XTJL; over five years the annualized figures are +9.90% and +9.94% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XTJL has been the more volatile fund, with annualized monthly volatility of 12.2% compared with 12.1% for JANZ. 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 -18.1% for JANZ and -23.2% for XTJL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. 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 XTJL 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 0.00% for XTJL.
Holdings Overlap
We hold position weights for 1 holding in JANZ and 1 in XTJL, totalling 3.7% and 97.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in JANZ and 1 in XTJL, against full books of 32 and 21.
You are not choosing between two funds in isolation.
Whichever of JANZ and XTJL 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 XTJL?
JANZ has an expense ratio of 0.80% while XTJL charges 0.79%. XTJL is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, JANZ or XTJL?
Over the past year JANZ returned +10.64% vs +13.15% for XTJL, so XTJL leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JANZ or XTJL?
XTJL has been the more volatile fund at 12.2% annualized versus 12.1% for JANZ. Worst drawdown: JANZ -18.1% vs XTJL -23.2%.
Should I hold both JANZ and XTJL?
JANZ and XTJL have a monthly-return correlation of 0.92, 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 XTJL?
JANZ yields 1.30% while XTJL yields 0.00%, so JANZ currently pays the higher dividend yield.
Is XTJL better than JANZ?
XTJL has a lower expense ratio. XTJL led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92. Which one suits a particular account depends on what it is for. This is information, not a recommendation.