Complex sentence: Amulets are often confused with pendants--charms that hang from necklaces--any given pendant may indeed be an amulet, but so may any other charm which purports to protect its owner from danger.
Split into simpler sentences: Amulets are often confused with pendants--charms that hang from necklaces. Any given pendant may indeed be an amulet, but so may any other charm which purports to protect its owner from danger.