DJUN vs. KAT

Last updated Jun 4, 2026

DJUN (FT Cboe Vest U.S. Equity Deep Buffer ETF - June) and KAT (Scharf ETF) are both Large Cap Blend Equities funds. DJUN is passively managed, while KAT is actively managed. A 0.57 correlation means they provide meaningful diversification when combined. DJUN charges 0.85%/yr vs 0.75%/yr for KAT.

Performance

DJUN vs. KAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Cboe Vest U.S. Equity Deep Buffer ETF - June (DJUN) and Scharf ETF (KAT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DJUN achieves a 3.78% return, which is significantly higher than KAT's 0.37% return.

DJUN

• 1D: 0.01%
• 1M: 0.88%
• YTD: 3.78%
• 6M: 4.53%
• 1Y: 10.92%
• 3Y*: 11.40%
• 5Y*: 8.19%
• 10Y*: —

KAT

• 1D: -0.74%
• 1M: 0.22%
• YTD: 0.37%
• 6M: 2.21%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DJUN vs. KAT - Yearly Performance Comparison

	2026 (YTD)	2025
DJUN FT Cboe Vest U.S. Equity Deep Buffer ETF - June	3.78%	3.30%
KAT Scharf ETF	0.37%	0.98%

Correlation

The correlation between DJUN and KAT is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 26, 2025	0.57

Return for Risk

DJUN vs. KAT — Risk / Return Rank

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

DJUN

DJUN Risk / Return Rank: 77
DJUN Sharpe Ratio Rank: 67
DJUN Sortino Ratio Rank: 74
DJUN Omega Ratio Rank: 83
DJUN Calmar Ratio Rank: 71
DJUN 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.

DJUN vs. KAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest U.S. Equity Deep Buffer ETF - June (DJUN) and Scharf ETF (KAT). 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.

	DJUN	KAT	Difference
Sharpe ratio: Return per unit of total volatility	2.22	—	—
Sortino ratio: Return per unit of downside risk	3.35	—	—
Omega ratio: Gain probability vs. loss probability	1.50	—	—
Calmar ratio: Return relative to maximum drawdown	3.51	—	—
Martin ratio: Return relative to average drawdown	20.66	—	—
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

	DJUN	KAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.22	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.97	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.04	0.17	+0.88

Drawdowns

DJUN vs. KAT - Drawdown Comparison

The maximum DJUN drawdown since its inception was -11.96%, which is greater than KAT's maximum drawdown of -9.25%. Use the drawdown chart below to compare losses from any high point for DJUN and KAT.

Drawdown Indicators

	DJUN	KAT	Difference
Max Drawdown Largest peak-to-trough decline	-11.96%	-9.25%	-2.71%
Max Drawdown (1Y) Largest decline over 1 year	-3.15%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-11.96%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-11.96%	—	—
Current Drawdown Current decline from peak	0.00%	-4.98%	+4.98%
Average Drawdown Average peak-to-trough decline	-1.59%	-3.20%	+1.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.53%	—	—

Volatility

Volatility by Period

	DJUN	KAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.25%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.55%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	5.04%	10.48%	-5.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.52%	10.48%	-1.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.06%	10.48%	-2.42%

DJUN vs. KAT - Expense Ratio Comparison

DJUN has a 0.85% expense ratio, which is higher than KAT's 0.75% expense ratio.

Dividends

DJUN vs. KAT - Dividend Comparison

Neither DJUN nor KAT has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DJUN and KAT in my portfolio?

DJUN and KAT have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DJUN or KAT?

On fees, KAT is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DJUN or KAT?

KAT is cheaper with a 0.75% expense ratio, compared with 0.85% for DJUN.

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

DJUN and KAT have nearly identical dividend yields, around 0.00%.

What is the main difference between DJUN and KAT?

They also come from different issuers: First Trust and Scharf Investments. Their fees differ too: 0.85% for DJUN and 0.75% for KAT.