DFVE vs. FJUN

Last updated Jun 24, 2026

DFVE (Doubleline Fortune 500 Equal Weight ETF) and FJUN (FT Cboe Vest U.S. Equity Buffer ETF - June) are both Large Cap Blend Equities funds - DFVE tracks the Barclays Fortune 500 Equal Weighted Index - Benchmark TR Gross while FJUN tracks the Cboe S&P 500 Buffer Protect Index June. Both are passively managed. Over the past year, DFVE returned 23.48% vs 12.54% for FJUN. A 0.73 correlation means they provide meaningful diversification when combined. DFVE charges 0.20%/yr vs 0.85%/yr for FJUN.

Performance

DFVE vs. FJUN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Doubleline Fortune 500 Equal Weight ETF (DFVE) 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, DFVE achieves a 11.37% return, which is significantly higher than FJUN's 4.00% return.

DFVE

• 1D: -0.05%
• 1M: 2.15%
• YTD: 11.37%
• 6M: 10.42%
• 1Y: 23.48%
• 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)

DFVE vs. FJUN - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DFVE Doubleline Fortune 500 Equal Weight ETF	11.37%	14.51%	14.66%
FJUN FT Cboe Vest U.S. Equity Buffer ETF - June	4.00%	11.05%	15.18%

Correlation

The correlation between DFVE and FJUN is 0.68, 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	0.68
Correlation (All Time) Calculated using the full available price history since Feb 1, 2024	0.73

The correlation between DFVE and FJUN has been stable across timeframes, ranging from 0.68 to 0.73 - a consistent structural relationship.

DFVE vs. FJUN - Sectors Allocation Comparison

Sectors	DFVE	FJUN
Industrials	17.7%	7.8%
Consumer Cyclical	16.6%	9.9%
Financial Services	15.3%	11.1%
Technology	11.8%	39.0%
Healthcare	9.9%	8.3%
Consumer Defensive	8.1%	4.5%
Energy	5.8%	3.1%
Utilities	5.3%	2.1%
Basic Materials	4.3%	1.7%
Communication Services	3.9%	10.6%
Real Estate	1.3%	1.8%

Return for Risk

DFVE vs. FJUN — Risk / Return Rank

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

DFVE

DFVE Risk / Return Rank: 63
DFVE Sharpe Ratio Rank: 61
DFVE Sortino Ratio Rank: 64
DFVE Omega Ratio Rank: 57
DFVE Calmar Ratio Rank: 66
DFVE Martin Ratio Rank: 64

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.

DFVE vs. FJUN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Doubleline Fortune 500 Equal Weight ETF (DFVE) 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.

	DFVE	FJUN	Difference
Sharpe ratio: Return per unit of total volatility	1.85	2.23	-0.39
Sortino ratio: Return per unit of downside risk	2.69	3.38	-0.69
Omega ratio: Gain probability vs. loss probability	1.32	1.48	-0.15
Calmar ratio: Return relative to maximum drawdown	3.03	3.05	-0.02
Martin ratio: Return relative to average drawdown	10.74	17.51	-6.77

DFVE vs. FJUN - Sharpe Ratio Comparison

The current DFVE Sharpe Ratio is 1.85, which is comparable to the FJUN Sharpe Ratio of 2.23. The chart below compares the historical Sharpe Ratios of DFVE 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

DFVE vs. FJUN - Drawdown Comparison

The maximum DFVE drawdown since its inception was -19.43%, which is greater than FJUN's maximum drawdown of -13.26%. Use the drawdown chart below to compare losses from any high point for DFVE and FJUN.

Drawdown Indicators

	DFVE	FJUN	Difference
Max Drawdown Largest peak-to-trough decline	-19.43%	-13.26%	-6.17%
Max Drawdown (1Y) Largest decline over 1 year	-7.79%	-4.13%	-3.66%
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	-1.40%	-0.97%	-0.43%
Average Drawdown Average peak-to-trough decline	-2.72%	-1.66%	-1.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.19%	0.72%	+1.47%

Volatility

DFVE vs. FJUN - Volatility Comparison

Doubleline Fortune 500 Equal Weight ETF (DFVE) has a higher volatility of 3.23% compared to FT Cboe Vest U.S. Equity Buffer ETF - June (FJUN) at 0.94%. This indicates that DFVE'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

	DFVE	FJUN	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.23%	0.94%	+2.29%
Volatility (6M) Calculated over the trailing 6-month period	9.24%	4.40%	+4.84%
Volatility (1Y) Calculated over the trailing 1-year period	12.80%	5.66%	+7.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.49%	10.56%	+4.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.49%	10.25%	+5.24%

DFVE vs. FJUN - Expense Ratio Comparison

DFVE has a 0.20% expense ratio, which is lower than FJUN's 0.85% expense ratio.

Dividends

DFVE vs. FJUN - Dividend Comparison

DFVE's dividend yield for the trailing twelve months is around 1.36%, while FJUN has not paid dividends to shareholders.

Position	TTM	2025	2024
DFVE Doubleline Fortune 500 Equal Weight ETF	1.36%	1.52%	1.53%
FJUN FT Cboe Vest U.S. Equity Buffer ETF - June	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DFVE and FJUN in my portfolio?

DFVE and FJUN have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DFVE or FJUN?

DFVE has higher volatility (3.23%) compared to FJUN (0.94%). In terms of maximum drawdown, DFVE dropped -19.43% vs FJUN's -13.26%.

Which ETF is better, DFVE or FJUN?

On 1-year performance, DFVE leads with 23.48% vs 12.54% for FJUN. On fees, DFVE is cheaper at 0.20% 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, DFVE or FJUN?

Over the 1-year period, DFVE has performed better with a 23.48% return vs 12.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DFVE or FJUN?

DFVE is cheaper with a 0.20% expense ratio, compared with 0.85% for FJUN.

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

DFVE has the higher dividend yield at 1.36%, compared with 0.00% for FJUN.

What is the main difference between DFVE and FJUN?

DFVE tracks Barclays Fortune 500 Equal Weighted Index - Benchmark TR Gross, while FJUN tracks Cboe S&P 500 Buffer Protect Index June. They also come from different issuers: DoubleLine and First Trust. Their fees differ too: 0.20% for DFVE and 0.85% for FJUN.

Which has better risk-adjusted returns?

FJUN currently has the higher Sharpe Ratio (2.23 vs 1.85), 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.