JANZ vs VOO
TrueShares Structured Outcome (January) ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | JANZ | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.79% | 0.03% | |
| AUM | $41M | $979.0B | |
| Dividend Yield | 1.32% | 1.09% | |
| Holdings | 10 | 509 | |
| YTD Return | +11.17% | +14.48% | |
| 1Y Return | +14.72% | +22.02% | |
| 3Y Return (annualized) | +15.24% | +21.80% | |
| 5Y Return (annualized) | +10.02% | +13.36% | |
| Volatility (annualized) | 11.9% | 14.2% | |
| Max Drawdown | -18.1% | -34.3% | |
| Fund Family | TrueShares | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Dec 31, 2020 | Sep 7, 2010 |
JANZ vs VOO Performance
TrueShares Structured Outcome (January) ETF (JANZ) is a ETF from TrueShares and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year JANZ returned +14.72% while VOO returned +22.02%. Year to date, JANZ is up 11.17% versus a gain of 14.48% for VOO.
Over three years, JANZ compounded at +15.24% per year against +21.80% for VOO; over five years the annualized figures are +10.02% and +13.36% respectively. Across the full 6-year window we track, VOO has the edge at +13.61% annualized vs +11.74%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.2% compared with 11.9% 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 -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
JANZ charges 0.79% per year while VOO charges 0.03%. On a $10,000 position that is $79 vs $3 annually, a gap of $76 per year that compounds over a long holding period. On income, JANZ currently yields 1.32% against 1.09% for VOO.
Holdings Overlap
JANZ and VOO share 0 holdings out of 506 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, JANZ or VOO?
JANZ has an expense ratio of 0.79% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $76 per year of difference.
Which performed better, JANZ or VOO?
Over the past year JANZ returned +14.72% vs +22.02% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (6 years), JANZ annualized +11.74% vs +13.61% for VOO. Past performance does not guarantee future results.
Which is riskier, JANZ or VOO?
VOO has been the more volatile fund at 14.2% annualized versus 11.9% for JANZ. Worst drawdown: JANZ -18.1% vs VOO -34.3%.
Should I hold both JANZ and VOO?
JANZ and VOO have a monthly-return correlation of 0.99, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between JANZ and VOO?
JANZ and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, JANZ or VOO?
JANZ yields 1.32% while VOO yields 1.09%, so JANZ currently pays the higher dividend yield.
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