AUGM vs. UXJL

Last updated Jun 4, 2026

AUGM (FT Vest U.S. Equity Max Buffer ETF - August) and UXJL (FT Vest U.S. Equity Uncapped Accelerator ETF - July) are both Defined Outcome funds from First Trust. Both are actively managed. Their correlation of 0.91 suggests significant overlap in exposure. Both charge a 0.85% expense ratio.

Performance

AUGM vs. UXJL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest U.S. Equity Max Buffer ETF - August (AUGM) and FT Vest U.S. Equity Uncapped Accelerator ETF - July (UXJL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AUGM achieves a 2.74% return, which is significantly lower than UXJL's 11.78% return.

AUGM

• 1D: -0.03%
• 1M: 0.85%
• YTD: 2.74%
• 6M: 3.18%
• 1Y: 7.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —

UXJL

• 1D: -0.76%
• 1M: 6.02%
• YTD: 11.78%
• 6M: 11.50%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AUGM vs. UXJL - Yearly Performance Comparison

	2026 (YTD)	2025
AUGM FT Vest U.S. Equity Max Buffer ETF - August	2.74%	2.77%
UXJL FT Vest U.S. Equity Uncapped Accelerator ETF - July	11.78%	9.31%

Correlation

The correlation between AUGM and UXJL is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 22, 2025	0.91

Return for Risk

AUGM vs. UXJL — Risk / Return Rank

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

AUGM

AUGM Risk / Return Rank: 93
AUGM Sharpe Ratio Rank: 93
AUGM Sortino Ratio Rank: 95
AUGM Omega Ratio Rank: 95
AUGM Calmar Ratio Rank: 86
AUGM Martin Ratio Rank: 94

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.

AUGM vs. UXJL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest U.S. Equity Max Buffer ETF - August (AUGM) and FT Vest U.S. Equity Uncapped Accelerator ETF - July (UXJL). 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.

	AUGM	UXJL	Difference
Sharpe ratio: Return per unit of total volatility	3.37	—	—
Sortino ratio: Return per unit of downside risk	5.36	—	—
Omega ratio: Gain probability vs. loss probability	1.75	—	—
Calmar ratio: Return relative to maximum drawdown	4.73	—	—
Martin ratio: Return relative to average drawdown	26.17	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AUGM	UXJL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.37	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.87	1.87	0.00

Drawdowns

AUGM vs. UXJL - Drawdown Comparison

The maximum AUGM drawdown since its inception was -4.27%, smaller than the maximum UXJL drawdown of -10.29%. Use the drawdown chart below to compare losses from any high point for AUGM and UXJL.

Drawdown Indicators

	AUGM	UXJL	Difference
Max Drawdown Largest peak-to-trough decline	-4.27%	-10.29%	+6.02%
Max Drawdown (1Y) Largest decline over 1 year	-1.62%	—	—
Current Drawdown Current decline from peak	-0.03%	-0.76%	+0.73%
Average Drawdown Average peak-to-trough decline	-0.35%	-1.51%	+1.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.29%	—	—

Volatility

Volatility by Period

	AUGM	UXJL	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.26%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.73%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.28%	13.90%	-11.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.55%	13.90%	-10.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.55%	13.90%	-10.35%

AUGM vs. UXJL - Expense Ratio Comparison

Both AUGM and UXJL have an expense ratio of 0.85%.

Dividends

AUGM vs. UXJL - Dividend Comparison

Neither AUGM nor UXJL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both AUGM and UXJL in my portfolio?

With a correlation of 0.91, AUGM and UXJL 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 ETF is better, AUGM or UXJL?

Both ETFs have the same 0.85% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AUGM or UXJL?

AUGM and UXJL have the same expense ratio: 0.85% per year.

Which ETF pays a higher dividend yield, AUGM or UXJL?

AUGM and UXJL have nearly identical dividend yields, around 0.00%.