Frequently Asked Questions About JANB

What does JANB invest in?

JANB seeks to provide defined returns linked to the performance of the SPDR S&P 500 ETF Trust (SPY) over a one-year outcome period from January 1 to December 31. The fund is designed to match the share price gains of the underlying ETF up to a predetermined upside cap while aiming to buffer investors against the first 15% of losses, before fees and expenses. Its structured outcome strategy is implemented through exchange-traded FLEX Options, which sets the cap and buffer levels based on market conditions at the start of each outcome period. These parameters reset annually, shaping the funds risk and return profile for the next term. To achieve the intended results, investors must hold shares for the entire outcome period, as returns may differ for those entering or exiting mid-period. While the fund seeks to moderate volatility and define potential outcomes, these results are not guaranteed.

What is the expense ratio of JANB?

ETF Series Solutions - Aptus January Buffer ETF (JANB) charges an expense ratio of 0.25%. This is the annual fee deducted from fund assets to cover management and operations.

How big is JANB?

ETF Series Solutions - Aptus January Buffer ETF (JANB) manages $97.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is JANB actively managed or an index fund?

JANB's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was JANB launched?

ETF Series Solutions - Aptus January Buffer ETF (JANB) launched in October 2025 and is managed by Aptus.

How has JANB performed?

JANB's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.

JANB

ETF Series Solutions - Aptus January Buffer ETF

CBOE·Asset Management · Financial Services

$28.12$0.12−0.43%

Oct 22 12:25 PM EDT

Price Chart

$28.12−$0.12 (−0.43%)today

+12.57%CAGR +12.29%

Select date range

FromTo

Oct 14, 2025Oct 14, 2025 → Oct 22, 2026· 1.0 yrsOct 22, 2026

Key Metrics

DistributionDividend Tab

Annual Distribution (FWD)—

Distribution Yield (FWD)—

Annual Distribution (TTM)—

Distribution Yield (TTM)—

Distribution Growth (5Y)—

Frequency—

Most Recent—

Ex-Dividend Date—

Payment Date—

DiversificationDiversification Tab

Holdings1

Top 10 Weight0.1%

Top 25 Weight0.1%

Effective Holdings1

Sectors—

Largest HoldingCASH&OTHER · 0.1%

Largest Sector—

Asset Class

StrategyBuffered

Cost & RiskExpenses Tab

Expense Ratio0.25%

Cost per 10k Invested$25.00

AUM$97.65M

Avg Daily Volume6.46K

Price$28.12

NAV$28.22

Premium / Discount−0.36%

52-Week Range$24.68 – $28.44

Beta0.52

Fund Overview

Cost Verdict

Is JANB's expense ratio expensive, average, or a steal for its category?

Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Issuer: Aptus
Asset Class
Strategy: Buffered
Inception: October 13, 2025
Fund Type: ETF
Domicile: US
Currency: USD
ISIN: US2689618856
CUSIP: 268961885
Website: aptusetfs.com/JANB

Latest News

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Frequently Asked Questions About JANB

What does JANB invest in?: JANB seeks to provide defined returns linked to the performance of the SPDR S&P 500 ETF Trust (SPY) over a one-year outcome period from January 1 to December 31. The fund is designed to match the share price gains of the underlying ETF up to a predetermined upside cap while aiming to buffer investors against the first 15% of losses, before fees and expenses. Its structured outcome strategy is implemented through exchange-traded FLEX Options, which sets the cap and buffer levels based on market conditions at the start of each outcome period. These parameters reset annually, shaping the funds risk and return profile for the next term. To achieve the intended results, investors must hold shares for the entire outcome period, as returns may differ for those entering or exiting mid-period. While the fund seeks to moderate volatility and define potential outcomes, these results are not guaranteed.
What is the expense ratio of JANB?: ETF Series Solutions - Aptus January Buffer ETF (JANB) charges an expense ratio of 0.25%. This is the annual fee deducted from fund assets to cover management and operations.
How big is JANB?: ETF Series Solutions - Aptus January Buffer ETF (JANB) manages $97.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.
Is JANB actively managed or an index fund?: JANB's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
When was JANB launched?: ETF Series Solutions - Aptus January Buffer ETF (JANB) launched in October 2025 and is managed by Aptus.
How has JANB performed?: JANB's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.