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JULB vs NOVZ

Comparison between APTUS JULY BUFFER ETF (JULB, ETF) and TrueShares Structured Outcome (November) ETF (NOVZ, ETF).

JULB vs NOVZ - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
Winner
JULB
$38M
NOVZ
$38M
Expense Ratio
Winner
JULB
0.25%
NOVZ
0.79%
Max Drawdown
Winner
JULB
5.24%
NOVZ
16.96%
Sharpe Ratio
Winner
JULB
1.47
NOVZ
1.09
5Y Beta
Winner
JULB
0.48
NOVZ
0.74

JULB vs NOVZ - Holdings Comparison

JULB and NOVZ have 0 common holdings. Overlap is 0.00%

JULB's top 25 holdings weight is 2.62%. NOVZ's top 25 holdings weight is 0.09%.

RankJULBNOVZ
#1
FIRST AMERICAN TREASURY OBLIGS X (FXFXX) - 2.62%
STATE STREET INSTL US GOVT MMKT ADMIN (SALXX) - 0.09%
#2N/AN/A
#3N/AN/A
#4N/AN/A
#5N/AN/A
#6N/AN/A
#7N/AN/A
#8N/AN/A
#9N/AN/A
#10N/AN/A
#11N/AN/A
#12N/AN/A
#13N/AN/A
#14N/AN/A
#15N/AN/A
#16N/AN/A
#17N/AN/A
#18N/AN/A
#19N/AN/A
#20N/AN/A
#21N/AN/A
#22N/AN/A
#23N/AN/A
#24N/AN/A
#25N/AN/A
Total Holdings11

JULB vs NOVZ - Historical Returns

Returns include dividend reinvestment.

1M
Winner
JULB
+1.06%
NOVZ
+0.15%
3M
Winner
JULB
+5.08%
NOVZ
+4.70%
6M
Winner
JULB
+7.52%
NOVZ
+6.87%
1Y
JULB
N/A
NOVZ
+14.72%
5Y(CAGR)
JULB
N/A
NOVZ
+10.63%
Max(CAGR)
Winner
JULB
+14.13%
NOVZ
+13.53%

JULB vs NOVZ - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

YearJULBNOVZ
2026+7.84%+7.30%
2025+2.56%+13.16%
2024N/A+19.69%
2023N/A+18.35%
2022N/A-9.93%
2021N/A+22.93%
2020N/A+10.30%

JULB vs NOVZ Drawdown Comparison

The maximum drawdown for JULB was -5.24%, occurring on Mar 30, 2026. Recovery took 53 trading sessions.

The maximum drawdown for NOVZ was -16.62%, occurring on Oct 12, 2022. Recovery took 367 trading sessions.

The current JULB drawdown is -0.36%. The current NOVZ drawdown is -1.39%.

RankJULBNOVZ
#1-5.24%
Jan 28, 2026 - Apr 15, 2026
-16.62%
Dec 29, 2021 - Jun 15, 2023
#2-2.28%
Oct 28, 2025 - Nov 28, 2025
-14.63%
Feb 19, 2025 - Jun 27, 2025
#3-1.47%
Jun 4, 2026 - Jun 15, 2026
-8.30%
Jul 31, 2023 - Dec 8, 2023
#4-1.31%
Jan 12, 2026 - Jan 27, 2026
-7.19%
Jul 16, 2024 - Sep 19, 2024
#5-1.19%
Dec 11, 2025 - Dec 22, 2025
-6.72%
Jan 12, 2026 - Apr 15, 2026
#6-0.83%
Jul 10, 2026 - Jul 20, 2026
-4.53%
Sep 3, 2021 - Oct 20, 2021
#7-0.58%
May 14, 2026 - May 22, 2026
-4.50%
Mar 28, 2024 - May 15, 2024
#8-0.48%
Jun 18, 2026 - Jun 29, 2026
-3.90%
Oct 29, 2025 - Dec 23, 2025
#9-0.47%
Dec 26, 2025 - Jan 6, 2026
-3.57%
Feb 12, 2021 - Mar 11, 2021
#10-0.41%
Jun 15, 2026 - Jun 18, 2026
-3.50%
Dec 6, 2024 - Jan 23, 2025
#11-0.39%
Apr 17, 2026 - Apr 22, 2026
-3.46%
May 7, 2021 - Jun 11, 2021
#12-0.39%
Oct 15, 2025 - Oct 17, 2025
-3.35%
Jun 2, 2026 - Jun 10, 2026
#13-0.33%
Jul 6, 2026 - Jul 10, 2026
-3.14%
Nov 18, 2021 - Dec 23, 2021
#14-0.28%
Apr 27, 2026 - Apr 30, 2026
-2.89%
Jan 21, 2021 - Feb 4, 2021
#15-0.28%
Oct 21, 2025 - Oct 23, 2025
-2.51%
Jul 12, 2021 - Jul 23, 2021

Correlation

Correlation between JULB and NOVZ is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97
-101

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