CFO vs. FJUN

Last updated Jun 24, 2026

CFO (VictoryShares US 500 Enhanced Volatility Weighted ETF) and FJUN (FT Cboe Vest U.S. Equity Buffer ETF - June) are both Large Cap Blend Equities funds - CFO tracks the Nasdaq Victory U.S. Large Cap 500 Long/Cash Volatility Weighted Index while FJUN tracks the Cboe S&P 500 Buffer Protect Index June. Both are passively managed. Over the past 5 years, CFO returned 4.21%/yr vs 10.54%/yr for FJUN. Their correlation of 0.81 suggests significant overlap in exposure. CFO charges 0.35%/yr vs 0.85%/yr for FJUN.

Performance

CFO vs. FJUN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VictoryShares US 500 Enhanced Volatility Weighted ETF (CFO) 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, CFO achieves a 7.47% return, which is significantly higher than FJUN's 4.00% return.

CFO

• 1D: -0.21%
• 1M: 1.25%
• YTD: 7.47%
• 6M: 6.58%
• 1Y: 14.21%
• 3Y*: 10.51%
• 5Y*: 4.21%
• 10Y*: 9.80%

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)

CFO vs. FJUN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
CFO VictoryShares US 500 Enhanced Volatility Weighted ETF	7.47%	8.60%	15.37%	-3.56%	-14.46%	26.02%	20.71%
FJUN FT Cboe Vest U.S. Equity Buffer ETF - June	4.00%	11.05%	16.38%	22.30%	-4.95%	11.47%	9.90%

Correlation

The correlation between CFO and FJUN is 0.69, 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	0.69
Correlation (3Y) Calculated over the trailing 3-year period	0.77
Correlation (5Y) Calculated over the trailing 5-year period	0.82
Correlation (All Time) Calculated using the full available price history since Jun 22, 2020	0.81

The correlation between CFO and FJUN shifts across timeframes, from 0.69 (1 year) to 0.82 (5 years), reflecting how their relationship changes across market environments.

CFO vs. FJUN - Sectors Allocation Comparison

Sectors	CFO	FJUN
Industrials	18.1%	7.8%
Financial Services	17.8%	11.1%
Technology	17.1%	39.0%
Consumer Cyclical	9.6%	9.9%
Healthcare	9.6%	8.3%
Utilities	8.5%	2.1%
Consumer Defensive	6.7%	4.5%
Energy	5.1%	3.1%
Basic Materials	3.6%	1.7%
Communication Services	3.6%	10.6%
Real Estate	0.4%	1.8%

Return for Risk

CFO vs. FJUN — Risk / Return Rank

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

CFO

CFO Risk / Return Rank: 42
CFO Sharpe Ratio Rank: 40
CFO Sortino Ratio Rank: 41
CFO Omega Ratio Rank: 37
CFO Calmar Ratio Rank: 43
CFO Martin Ratio Rank: 47

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.

CFO vs. FJUN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VictoryShares US 500 Enhanced Volatility Weighted ETF (CFO) 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.

	CFO	FJUN	Difference
Sharpe ratio: Return per unit of total volatility	1.31	2.23	-0.92
Sortino ratio: Return per unit of downside risk	1.93	3.38	-1.45
Omega ratio: Gain probability vs. loss probability	1.23	1.48	-0.25
Calmar ratio: Return relative to maximum drawdown	2.01	3.05	-1.04
Martin ratio: Return relative to average drawdown	7.42	17.51	-10.09

CFO vs. FJUN - Sharpe Ratio Comparison

The current CFO Sharpe Ratio is 1.31, which is lower than the FJUN Sharpe Ratio of 2.23. The chart below compares the historical Sharpe Ratios of CFO and FJUN, 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

CFO vs. FJUN - Drawdown Comparison

The maximum CFO drawdown since its inception was -24.35%, which is greater than FJUN's maximum drawdown of -13.26%. Use the drawdown chart below to compare losses from any high point for CFO and FJUN.

Drawdown Indicators

	CFO	FJUN	Difference
Max Drawdown Largest peak-to-trough decline	-24.35%	-13.26%	-11.09%
Max Drawdown (1Y) Largest decline over 1 year	-7.10%	-4.13%	-2.97%
Max Drawdown (3Y) Largest decline over 3 years	-17.25%	-13.26%	-3.99%
Max Drawdown (5Y) Largest decline over 5 years	-24.35%	-13.26%	-11.09%
Max Drawdown (10Y) Largest decline over 10 years	-24.35%	—	—
Current Drawdown Current decline from peak	-1.05%	-0.97%	-0.08%
Average Drawdown Average peak-to-trough decline	-5.60%	-1.66%	-3.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.92%	0.72%	+1.20%

Volatility

CFO vs. FJUN - Volatility Comparison

VictoryShares US 500 Enhanced Volatility Weighted ETF (CFO) has a higher volatility of 3.02% compared to FT Cboe Vest U.S. Equity Buffer ETF - June (FJUN) at 0.94%. This indicates that CFO's price experiences larger fluctuations and is considered to be riskier than FJUN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CFO	FJUN	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.02%	0.94%	+2.08%
Volatility (6M) Calculated over the trailing 6-month period	8.03%	4.40%	+3.63%
Volatility (1Y) Calculated over the trailing 1-year period	10.91%	5.66%	+5.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.33%	10.56%	+2.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.23%	10.25%	+2.98%

CFO vs. FJUN - Expense Ratio Comparison

CFO has a 0.35% expense ratio, which is lower than FJUN's 0.85% expense ratio.

Dividends

CFO vs. FJUN - Dividend Comparison

CFO's dividend yield for the trailing twelve months is around 1.25%, while FJUN has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CFO VictoryShares US 500 Enhanced Volatility Weighted ETF	1.25%	1.32%	1.44%	1.72%	3.95%	1.06%	0.90%	1.44%	1.49%	1.18%	1.35%	1.31%
FJUN FT Cboe Vest U.S. Equity Buffer ETF - June	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CFO and FJUN in my portfolio?

CFO and FJUN have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CFO or FJUN?

CFO has higher volatility (3.02%) compared to FJUN (0.94%). In terms of maximum drawdown, CFO dropped -24.35% vs FJUN's -13.26%.

Which ETF is better, CFO or FJUN?

On 5-year performance, FJUN leads with 10.54% vs 4.21% for CFO. On fees, CFO is cheaper at 0.35% per year. On volatility, FJUN has been the lower-risk option at 0.94%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CFO or FJUN?

Over the 5-year period, FJUN has performed better with a 10.54% return vs 4.21%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CFO or FJUN?

CFO is cheaper with a 0.35% expense ratio, compared with 0.85% for FJUN.

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

CFO has the higher dividend yield at 1.25%, compared with 0.00% for FJUN.

What is the main difference between CFO and FJUN?

CFO tracks Nasdaq Victory U.S. Large Cap 500 Long/Cash Volatility Weighted Index, while FJUN tracks Cboe S&P 500 Buffer Protect Index June. They also come from different issuers: VictoryShares and First Trust. Their fees differ too: 0.35% for CFO and 0.85% for FJUN.

Which has better risk-adjusted returns?

FJUN currently has the higher Sharpe Ratio (2.23 vs 1.31), 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.