BTR vs. DJUN

Last updated Jul 12, 2026

BTR (Beacon Tactical Risk ETF) and DJUN (FT Cboe Vest U.S. Equity Deep Buffer ETF - June) are both exchange-traded funds - BTR is a Large Cap Blend Equities fund actively managed by American Beacon, while DJUN is a Defined Outcome fund tracking the Cboe S&P 500 30% (-5% to -35%) Buffer Protect June Series Index. BTR is actively managed, while DJUN is passively managed. Over the past 3 years, BTR returned 5.01%/yr vs 11.26%/yr for DJUN. A 0.67 correlation means they provide meaningful diversification when combined. BTR charges 1.10%/yr vs 0.85%/yr for DJUN.

Performance

BTR vs. DJUN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Beacon Tactical Risk ETF (BTR) 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, BTR achieves a 9.98% return, which is significantly higher than DJUN's 4.71% return.

BTR

• 1D: 0.44%
• 1M: 0.95%
• 6M: 7.09%
• YTD: 9.98%
• 1Y: 16.71%
• 3Y*: 5.01%
• 5Y*: —
• 10Y*: —

DJUN

• 1D: 0.28%
• 1M: 0.80%
• 6M: 4.21%
• YTD: 4.71%
• 1Y: 9.79%
• 3Y*: 11.26%
• 5Y*: 8.06%
• 10Y*: —

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

BTR vs. DJUN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BTR Beacon Tactical Risk ETF	9.98%	-2.15%	14.45%	-6.78%
DJUN FT Cboe Vest U.S. Equity Deep Buffer ETF - June	4.71%	9.38%	13.92%	10.23%

Correlation

The correlation between BTR and DJUN is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.72
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023	0.67

The correlation between BTR and DJUN has been stable across timeframes, ranging from 0.67 to 0.72 - a consistent structural relationship.

Return for Risk

BTR vs. DJUN — Risk / Return Rank

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

BTR

BTR Risk / Return Rank: 65
BTR Sharpe Ratio Rank: 63
BTR Sortino Ratio Rank: 63
BTR Omega Ratio Rank: 63
BTR Calmar Ratio Rank: 66
BTR Martin Ratio Rank: 69

DJUN

DJUN Risk / Return Rank: 87
DJUN Sharpe Ratio Rank: 84
DJUN Sortino Ratio Rank: 89
DJUN Omega Ratio Rank: 92
DJUN Calmar Ratio Rank: 76
DJUN Martin Ratio Rank: 93

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.

BTR vs. DJUN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Beacon Tactical Risk ETF (BTR) 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.

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.

	BTR	DJUN	Difference
Sharpe ratio: Return per unit of total volatility	1.66	2.14	-0.48
Sortino ratio: Return per unit of downside risk	2.34	3.26	-0.92
Omega ratio: Gain probability vs. loss probability	1.30	1.48	-0.18
Calmar ratio: Return relative to maximum drawdown	2.62	3.06	-0.44
Martin ratio: Return relative to average drawdown	10.07	18.48	-8.41

BTR vs. DJUN - Sharpe Ratio Comparison

The current BTR Sharpe Ratio is 1.66, which is comparable to the DJUN Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of BTR 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.

Drawdowns

BTR vs. DJUN - Drawdown Comparison

The maximum BTR drawdown since its inception was -16.67%, which is greater than DJUN's maximum drawdown of -11.96%. Use the drawdown chart below to compare losses from any high point for BTR and DJUN.

Drawdown Indicators

	BTR	DJUN	Difference
Max Drawdown Largest peak-to-trough decline	-16.67%	-11.96%	-4.71%
Max Drawdown (1Y) Largest decline over 1 year	-6.23%	-3.15%	-3.08%
Max Drawdown (3Y) Largest decline over 3 years	-16.67%	-11.96%	-4.71%
Max Drawdown (5Y) Largest decline over 5 years	—	-11.96%	—
Current Drawdown Current decline from peak	-0.11%	0.00%	-0.11%
Average Drawdown Average peak-to-trough decline	-5.43%	-1.57%	-3.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.62%	0.52%	+1.10%

Volatility

BTR vs. DJUN - Volatility Comparison

Beacon Tactical Risk ETF (BTR) has a higher volatility of 2.62% compared to FT Cboe Vest U.S. Equity Deep Buffer ETF - June (DJUN) at 1.32%. This indicates that BTR'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

	BTR	DJUN	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.62%	1.32%	+1.30%
Volatility (6M) Calculated over the trailing 6-month period	7.24%	3.70%	+3.54%
Volatility (1Y) Calculated over the trailing 1-year period	9.87%	4.52%	+5.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.86%	8.53%	+2.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.86%	8.01%	+2.85%

BTR vs. DJUN - Expense Ratio Comparison

BTR has a 1.10% expense ratio, which is higher than DJUN's 0.85% expense ratio.

Dividends

BTR vs. DJUN - Dividend Comparison

BTR's dividend yield for the trailing twelve months is around 1.17%, while DJUN has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
BTR Beacon Tactical Risk ETF	1.17%	1.29%	0.87%	0.91%
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 BTR and DJUN in my portfolio?

BTR and DJUN have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BTR or DJUN?

BTR has higher volatility (2.62%) compared to DJUN (1.32%). In terms of maximum drawdown, BTR dropped -16.67% vs DJUN's -11.96%.

Which ETF is better, BTR or DJUN?

On 3-year performance, DJUN leads with 11.26% vs 5.01% for BTR. On fees, DJUN is cheaper at 0.85% per year. On volatility, DJUN has been the lower-risk option at 1.32%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BTR or DJUN?

Over the 3-year period, DJUN has performed better with a 11.26% return vs 5.01%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BTR or DJUN?

DJUN is cheaper with a 0.85% expense ratio, compared with 1.10% for BTR.

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

BTR has the higher dividend yield at 1.17%, compared with 0.00% for DJUN.

What is the main difference between BTR and DJUN?

BTR is categorized as Large Cap Blend Equities, while DJUN is Defined Outcome. They also come from different issuers: American Beacon and First Trust. Their fees differ too: 1.10% for BTR and 0.85% for DJUN.

Which has better risk-adjusted returns?

DJUN currently has the higher Sharpe Ratio (2.14 vs 1.66), 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.