DJUL vs. FLJJ

Last updated Jun 5, 2026

DJUL (FT Cboe Vest U.S. Equity Deep Buffer ETF - July) and FLJJ (Allianzim U.S. Large Cap 6 Month Floor5 Jan/Jul ETF) are both Options Trading funds. DJUL is passively managed, while FLJJ is actively managed. Over the past year, DJUL returned 16.19% vs 15.33% for FLJJ. Their correlation of 0.93 suggests significant overlap in exposure. DJUL charges 0.85%/yr vs 0.74%/yr for FLJJ.

Performance

DJUL vs. FLJJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Cboe Vest U.S. Equity Deep Buffer ETF - July (DJUL) and Allianzim U.S. Large Cap 6 Month Floor5 Jan/Jul ETF (FLJJ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with DJUL having a 4.92% return and FLJJ slightly higher at 5.01%.

DJUL

• 1D: 0.03%
• 1M: 1.36%
• YTD: 4.92%
• 6M: 5.41%
• 1Y: 16.19%
• 3Y*: 14.11%
• 5Y*: 8.93%
• 10Y*: —

FLJJ

• 1D: 0.03%
• 1M: 1.60%
• YTD: 5.01%
• 6M: 5.83%
• 1Y: 15.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DJUL vs. FLJJ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DJUL FT Cboe Vest U.S. Equity Deep Buffer ETF - July	4.92%	13.31%	12.82%
FLJJ Allianzim U.S. Large Cap 6 Month Floor5 Jan/Jul ETF	5.01%	11.35%	14.19%

Correlation

The correlation between DJUL and FLJJ is 0.93, 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	0.93
Correlation (All Time) Calculated using the full available price history since Feb 2, 2024	0.93

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

DJUL vs. FLJJ - Sectors Allocation Comparison

Sectors	DJUL	FLJJ
Technology	36.2%	36.2%
Financial Services	11.9%	11.9%
Communication Services	10.9%	10.9%
Consumer Cyclical	10.1%	10.1%
Healthcare	8.4%	8.4%
Industrials	8.1%	8.1%
Consumer Defensive	4.9%	4.9%
Energy	3.5%	3.5%
Utilities	2.3%	2.3%
Real Estate	1.9%	1.9%
Basic Materials	1.8%	1.8%

Return for Risk

DJUL vs. FLJJ — Risk / Return Rank

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

DJUL

DJUL Risk / Return Rank: 88
DJUL Sharpe Ratio Rank: 88
DJUL Sortino Ratio Rank: 92
DJUL Omega Ratio Rank: 92
DJUL Calmar Ratio Rank: 77
DJUL Martin Ratio Rank: 90

FLJJ

FLJJ Risk / Return Rank: 89
FLJJ Sharpe Ratio Rank: 90
FLJJ Sortino Ratio Rank: 94
FLJJ Omega Ratio Rank: 94
FLJJ Calmar Ratio Rank: 79
FLJJ 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.

DJUL vs. FLJJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest U.S. Equity Deep Buffer ETF - July (DJUL) and Allianzim U.S. Large Cap 6 Month Floor5 Jan/Jul ETF (FLJJ). 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.

	DJUL	FLJJ	Difference
Sharpe ratio: Return per unit of total volatility	2.90	3.03	-0.13
Sortino ratio: Return per unit of downside risk	4.37	4.68	-0.31
Omega ratio: Gain probability vs. loss probability	1.61	1.65	-0.04
Calmar ratio: Return relative to maximum drawdown	3.82	3.99	-0.16
Martin ratio: Return relative to average drawdown	20.67	20.94	-0.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DJUL vs. FLJJ - Sharpe Ratio Comparison

The current DJUL Sharpe Ratio is 2.90, which is comparable to the FLJJ Sharpe Ratio of 3.03. The chart below compares the historical Sharpe Ratios of DJUL and FLJJ, 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

	DJUL	FLJJ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.90	3.03	-0.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.07	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.12	2.14	-1.02

Drawdowns

DJUL vs. FLJJ - Drawdown Comparison

The maximum DJUL drawdown since its inception was -12.54%, which is greater than FLJJ's maximum drawdown of -6.91%. Use the drawdown chart below to compare losses from any high point for DJUL and FLJJ.

Drawdown Indicators

	DJUL	FLJJ	Difference
Max Drawdown Largest peak-to-trough decline	-12.54%	-6.91%	-5.63%
Max Drawdown (1Y) Largest decline over 1 year	-4.25%	-3.86%	-0.39%
Max Drawdown (3Y) Largest decline over 3 years	-11.29%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-12.54%	—	—
Current Drawdown Current decline from peak	0.00%	-0.01%	+0.01%
Average Drawdown Average peak-to-trough decline	-1.99%	-0.78%	-1.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.79%	0.73%	+0.06%

Volatility

DJUL vs. FLJJ - Volatility Comparison

The current volatility for FT Cboe Vest U.S. Equity Deep Buffer ETF - July (DJUL) is 0.53%, while Allianzim U.S. Large Cap 6 Month Floor5 Jan/Jul ETF (FLJJ) has a volatility of 0.83%. This indicates that DJUL experiences smaller price fluctuations and is considered to be less risky than FLJJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DJUL	FLJJ	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.53%	0.83%	-0.30%
Volatility (6M) Calculated over the trailing 6-month period	4.16%	3.58%	+0.58%
Volatility (1Y) Calculated over the trailing 1-year period	5.62%	5.08%	+0.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.39%	6.20%	+2.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.94%	6.20%	+1.74%

DJUL vs. FLJJ - Expense Ratio Comparison

DJUL has a 0.85% expense ratio, which is higher than FLJJ's 0.74% expense ratio.

Dividends

DJUL vs. FLJJ - Dividend Comparison

Neither DJUL nor FLJJ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DJUL and FLJJ in my portfolio?

With a correlation of 0.93, DJUL and FLJJ 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, DJUL or FLJJ?

FLJJ has higher volatility (0.83%) compared to DJUL (0.53%). In terms of maximum drawdown, DJUL dropped -12.54% vs FLJJ's -6.91%.

Which ETF is better, DJUL or FLJJ?

On 1-year performance, DJUL leads with 16.19% vs 15.33% for FLJJ. On fees, FLJJ is cheaper at 0.74% per year. On volatility, DJUL has been the lower-risk option at 0.53%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DJUL or FLJJ?

Over the 1-year period, DJUL has performed better with a 16.19% return vs 15.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DJUL or FLJJ?

FLJJ is cheaper with a 0.74% expense ratio, compared with 0.85% for DJUL.

Which ETF pays a higher dividend yield, DJUL or FLJJ?

DJUL and FLJJ have nearly identical dividend yields, around 0.00%.

What is the main difference between DJUL and FLJJ?

They also come from different issuers: FT Vest and Allianz. Their fees differ too: 0.85% for DJUL and 0.74% for FLJJ.

Which has better risk-adjusted returns?

FLJJ currently has the higher Sharpe Ratio (3.03 vs 2.90), 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.