AFOS vs. FJUN

Last updated Jun 24, 2026

AFOS (ARS Focused Opportunities Strategy ETF) and FJUN (FT Cboe Vest U.S. Equity Buffer ETF - June) are both Large Cap Blend Equities funds. A 0.74 correlation means they provide meaningful diversification when combined. AFOS charges 0.45%/yr vs 0.85%/yr for FJUN.

Performance

AFOS vs. FJUN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARS Focused Opportunities Strategy ETF (AFOS) and FT Cboe Vest U.S. Equity Buffer ETF - June (FJUN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AFOS achieves a 31.60% return, which is significantly higher than FJUN's 4.00% return.

AFOS

• 1D: -3.79%
• 1M: 4.43%
• YTD: 31.60%
• 6M: 30.16%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FJUN

• 1D: -0.80%
• 1M: -0.44%
• YTD: 4.00%
• 6M: 3.80%
• 1Y: 12.54%
• 3Y*: 13.29%
• 5Y*: 10.54%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AFOS vs. FJUN - Yearly Performance Comparison

	2026 (YTD)	2025
AFOS ARS Focused Opportunities Strategy ETF	31.60%	37.10%
FJUN FT Cboe Vest U.S. Equity Buffer ETF - June	4.00%	7.54%

Correlation

The correlation between AFOS and FJUN is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	0.74

Return for Risk

AFOS vs. FJUN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AFOS

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

FJUN

FJUN Risk / Return Rank: 80
FJUN Sharpe Ratio Rank: 76
FJUN Sortino Ratio Rank: 83
FJUN Omega Ratio Rank: 86
FJUN Calmar Ratio Rank: 66
FJUN Martin Ratio Rank: 88

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AFOS vs. FJUN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARS Focused Opportunities Strategy ETF (AFOS) and FT Cboe Vest U.S. Equity Buffer ETF - June (FJUN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AFOS	FJUN	Difference
Sharpe ratio: Return per unit of total volatility	—	2.23	—
Sortino ratio: Return per unit of downside risk	—	3.38	—
Omega ratio: Gain probability vs. loss probability	—	1.48	—
Calmar ratio: Return relative to maximum drawdown	—	3.05	—
Martin ratio: Return relative to average drawdown	—	17.51	—

Drawdowns

AFOS vs. FJUN - Drawdown Comparison

The maximum AFOS drawdown since its inception was -11.52%, smaller than the maximum FJUN drawdown of -13.26%. Use the drawdown chart below to compare losses from any high point for AFOS and FJUN.

Drawdown Indicators

	AFOS	FJUN	Difference
Max Drawdown Largest peak-to-trough decline	-11.52%	-13.26%	+1.74%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.13%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-13.26%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-13.26%	—
Current Drawdown Current decline from peak	-3.79%	-0.97%	-2.82%
Average Drawdown Average peak-to-trough decline	-1.42%	-1.66%	+0.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.72%	—

Volatility

Volatility by Period

	AFOS	FJUN	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.94%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.40%	—
Volatility (1Y) Calculated over the trailing 1-year period	21.52%	5.66%	+15.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.52%	10.56%	+10.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.52%	10.25%	+11.27%

AFOS vs. FJUN - Expense Ratio Comparison

AFOS has a 0.45% expense ratio, which is lower than FJUN's 0.85% expense ratio.

Dividends

AFOS vs. FJUN - Dividend Comparison

AFOS's dividend yield for the trailing twelve months is around 0.23%, while FJUN has not paid dividends to shareholders.

Position	TTM	2025
AFOS ARS Focused Opportunities Strategy ETF	0.23%	0.30%
FJUN FT Cboe Vest U.S. Equity Buffer ETF - June	0.00%	0.00%

Frequently Asked Questions

Can I hold both AFOS and FJUN in my portfolio?

AFOS and FJUN have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AFOS or FJUN?

On fees, AFOS is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AFOS or FJUN?

AFOS is cheaper with a 0.45% expense ratio, compared with 0.85% for FJUN.

Which ETF pays a higher dividend yield, AFOS or FJUN?

AFOS has the higher dividend yield at 0.23%, compared with 0.00% for FJUN.

What is the main difference between AFOS and FJUN?

They also come from different issuers: ARS Investment Partners and First Trust. Their fees differ too: 0.45% for AFOS and 0.85% for FJUN.