APUE vs. DJUN

Last updated Jun 4, 2026

APUE (ActivePassive U.S. Equity ETF) and DJUN (FT Cboe Vest U.S. Equity Deep Buffer ETF - June) are both Large Cap Blend Equities funds. APUE is actively managed, while DJUN is passively managed. Over the past 3 years, APUE returned 22.12%/yr vs 11.40%/yr for DJUN. Their correlation of 0.93 suggests significant overlap in exposure. APUE charges 0.33%/yr vs 0.85%/yr for DJUN.

Performance

APUE vs. DJUN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ActivePassive U.S. Equity ETF (APUE) and FT Cboe Vest U.S. Equity Deep Buffer ETF - June (DJUN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, APUE achieves a 10.99% return, which is significantly higher than DJUN's 3.78% return.

APUE

• 1D: -0.58%
• 1M: 4.97%
• YTD: 10.99%
• 6M: 11.14%
• 1Y: 29.02%
• 3Y*: 22.12%
• 5Y*: —
• 10Y*: —

DJUN

• 1D: 0.01%
• 1M: 0.88%
• YTD: 3.78%
• 6M: 4.53%
• 1Y: 10.92%
• 3Y*: 11.40%
• 5Y*: 8.19%
• 10Y*: —

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

APUE vs. DJUN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
APUE ActivePassive U.S. Equity ETF	10.99%	17.49%	23.89%	18.42%
DJUN FT Cboe Vest U.S. Equity Deep Buffer ETF - June	3.78%	9.38%	13.92%	10.82%

Correlation

The correlation between APUE and DJUN is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (All Time) Calculated using the full available price history since May 4, 2023	0.93

The correlation between APUE and DJUN has been stable across timeframes, ranging from 0.90 to 0.93 - a consistent structural relationship.

Return for Risk

APUE vs. DJUN — Risk / Return Rank

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

APUE

APUE Risk / Return Rank: 73
APUE Sharpe Ratio Rank: 74
APUE Sortino Ratio Rank: 73
APUE Omega Ratio Rank: 73
APUE Calmar Ratio Rank: 66
APUE Martin Ratio Rank: 78

DJUN

DJUN Risk / Return Rank: 77
DJUN Sharpe Ratio Rank: 67
DJUN Sortino Ratio Rank: 74
DJUN Omega Ratio Rank: 83
DJUN Calmar Ratio Rank: 71
DJUN Martin Ratio Rank: 90

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.

APUE vs. DJUN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ActivePassive U.S. Equity ETF (APUE) and FT Cboe Vest U.S. Equity Deep Buffer ETF - June (DJUN). 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.

	APUE	DJUN	Difference
Sharpe ratio: Return per unit of total volatility	2.39	2.22	+0.17
Sortino ratio: Return per unit of downside risk	3.29	3.35	-0.06
Omega ratio: Gain probability vs. loss probability	1.43	1.50	-0.07
Calmar ratio: Return relative to maximum drawdown	3.24	3.51	-0.26
Martin ratio: Return relative to average drawdown	15.17	20.66	-5.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

APUE vs. DJUN - Sharpe Ratio Comparison

The current APUE Sharpe Ratio is 2.39, which is comparable to the DJUN Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of APUE and DJUN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	APUE	DJUN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.39	2.22	+0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.97	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.61	1.04	+0.57

Drawdowns

APUE vs. DJUN - Drawdown Comparison

The maximum APUE drawdown since its inception was -18.83%, which is greater than DJUN's maximum drawdown of -11.96%. Use the drawdown chart below to compare losses from any high point for APUE and DJUN.

Drawdown Indicators

	APUE	DJUN	Difference
Max Drawdown Largest peak-to-trough decline	-18.83%	-11.96%	-6.87%
Max Drawdown (1Y) Largest decline over 1 year	-8.98%	-3.15%	-5.83%
Max Drawdown (3Y) Largest decline over 3 years	-18.83%	-11.96%	-6.87%
Max Drawdown (5Y) Largest decline over 5 years	—	-11.96%	—
Current Drawdown Current decline from peak	-0.58%	0.00%	-0.58%
Average Drawdown Average peak-to-trough decline	-2.07%	-1.59%	-0.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.92%	0.53%	+1.39%

Volatility

APUE vs. DJUN - Volatility Comparison

ActivePassive U.S. Equity ETF (APUE) has a higher volatility of 2.84% compared to FT Cboe Vest U.S. Equity Deep Buffer ETF - June (DJUN) at 0.25%. This indicates that APUE's price experiences larger fluctuations and is considered to be riskier than DJUN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	APUE	DJUN	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.84%	0.25%	+2.59%
Volatility (6M) Calculated over the trailing 6-month period	9.08%	3.55%	+5.53%
Volatility (1Y) Calculated over the trailing 1-year period	12.20%	5.04%	+7.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.65%	8.52%	+6.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.65%	8.06%	+6.59%

APUE vs. DJUN - Expense Ratio Comparison

APUE has a 0.33% expense ratio, which is lower than DJUN's 0.85% expense ratio.

Dividends

APUE vs. DJUN - Dividend Comparison

APUE's dividend yield for the trailing twelve months is around 0.75%, while DJUN has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
APUE ActivePassive U.S. Equity ETF	0.75%	0.83%	0.79%	0.41%
DJUN FT Cboe Vest U.S. Equity Deep Buffer ETF - June	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both APUE and DJUN in my portfolio?

With a correlation of 0.90, APUE and DJUN move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, APUE or DJUN?

APUE has higher volatility (2.84%) compared to DJUN (0.25%). In terms of maximum drawdown, APUE dropped -18.83% vs DJUN's -11.96%.

Which ETF is better, APUE or DJUN?

On 3-year performance, APUE leads with 22.12% vs 11.40% for DJUN. On fees, APUE is cheaper at 0.33% per year. On volatility, DJUN has been the lower-risk option at 0.25%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, APUE or DJUN?

Over the 3-year period, APUE has performed better with a 22.12% return vs 11.40%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, APUE or DJUN?

APUE is cheaper with a 0.33% expense ratio, compared with 0.85% for DJUN.

Which ETF pays a higher dividend yield, APUE or DJUN?

APUE has the higher dividend yield at 0.75%, compared with 0.00% for DJUN.

What is the main difference between APUE and DJUN?

They also come from different issuers: ActivePassive and First Trust. Their fees differ too: 0.33% for APUE and 0.85% for DJUN.

Which has better risk-adjusted returns?

APUE currently has the higher Sharpe Ratio (2.39 vs 2.22), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.