DJUN vs. UGA
DJUN (FT Cboe Vest U.S. Equity Deep Buffer ETF - June) and UGA (United States Gasoline Fund LP) are both exchange-traded funds - DJUN is a Large Cap Blend Equities fund tracking the Cboe S&P 500 30% (-5% to -35%) Buffer Protect June Series Index, while UGA is a Oil & Gas fund tracking the Front Month Unleaded Gasoline. Both are passively managed. Over the past 5 years, DJUN returned 7.86%/yr vs 22.69%/yr for UGA. At a 0.09 correlation, their price movements are largely independent. DJUN charges 0.85%/yr vs 0.75%/yr for UGA.
Performance
DJUN vs. UGA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DJUN achieves a 3.29% return, which is significantly lower than UGA's 64.09% return.
DJUN
- 1D
- -0.59%
- 1M
- -0.24%
- YTD
- 3.29%
- 6M
- 3.23%
- 1Y
- 10.33%
- 3Y*
- 11.14%
- 5Y*
- 7.86%
- 10Y*
- —
UGA
- 1D
- -1.12%
- 1M
- -12.11%
- YTD
- 64.09%
- 6M
- 60.42%
- 1Y
- 59.74%
- 3Y*
- 18.95%
- 5Y*
- 22.69%
- 10Y*
- 14.31%
DJUN vs. UGA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
DJUN FT Cboe Vest U.S. Equity Deep Buffer ETF - June | 3.29% | 9.38% | 13.92% | 17.58% | -6.30% | 6.27% | 6.78% |
UGA United States Gasoline Fund LP | 64.09% | -2.00% | 3.77% | 1.27% | 46.34% | 68.49% | 22.47% |
Correlation
The correlation between DJUN and UGA is -0.18, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Jun 22, 2020 | 0.09 |
The correlation between DJUN and UGA shifts across timeframes, from -0.18 (1 year) to 0.09 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DJUN vs. UGA — Risk / Return Rank
DJUN
UGA
DJUN vs. UGA - 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 United States Gasoline Fund LP (UGA). 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.
| DJUN | UGA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.59 | ||
| Sortino ratioReturn per unit of downside risk | +1.29 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 1.30 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 3.32 | 3.17 | +0.15 |
| Martin ratioReturn relative to average drawdown | 20.38 | 9.39 | +10.98 |
Loading charts...
Drawdowns
DJUN vs. UGA - Drawdown Comparison
The maximum DJUN drawdown since its inception was -11.96%, smaller than the maximum UGA drawdown of -86.59%. Use the drawdown chart below to compare losses from any high point for DJUN and UGA.
Loading charts...
Drawdown Indicators
| DJUN | UGA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.96% | -86.59% | +74.63% |
Max Drawdown (1Y)Largest decline over 1 year | -3.15% | -18.96% | +15.81% |
Max Drawdown (3Y)Largest decline over 3 years | -11.96% | -26.68% | +14.72% |
Max Drawdown (5Y)Largest decline over 5 years | -11.96% | -38.11% | +26.15% |
Max Drawdown (10Y)Largest decline over 10 years | — | -75.89% | — |
Current DrawdownCurrent decline from peak | -0.71% | -18.05% | +17.34% |
Average DrawdownAverage peak-to-trough decline | -1.58% | -36.69% | +35.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.51% | 6.43% | -5.92% |
Volatility
DJUN vs. UGA - Volatility Comparison
The current volatility for FT Cboe Vest U.S. Equity Deep Buffer ETF - June (DJUN) is 0.67%, while United States Gasoline Fund LP (UGA) has a volatility of 9.24%. This indicates that DJUN experiences smaller price fluctuations and is considered to be less risky than UGA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DJUN | UGA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.67% | 9.24% | -8.57% |
Volatility (6M)Calculated over the trailing 6-month period | 3.59% | 30.57% | -26.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.51% | 35.22% | -30.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.52% | 34.45% | -25.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.03% | 37.22% | -29.19% |
DJUN vs. UGA - Expense Ratio Comparison
DJUN has a 0.85% expense ratio, which is higher than UGA's 0.75% expense ratio.
Dividends
DJUN vs. UGA - Dividend Comparison
Neither DJUN nor UGA has paid dividends to shareholders.
Frequently Asked Questions
DJUN and UGA have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UGA has higher volatility (9.24%) compared to DJUN (0.67%). In terms of maximum drawdown, DJUN dropped -11.96% vs UGA's -86.59%.
On 5-year performance, UGA leads with 22.69% vs 7.86% for DJUN. On fees, UGA is cheaper at 0.75% per year. On volatility, DJUN has been the lower-risk option at 0.67%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, UGA has performed better with a 22.69% return vs 7.86%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
UGA is cheaper with a 0.75% expense ratio, compared with 0.85% for DJUN.
DJUN and UGA have nearly identical dividend yields, around 0.00%.
DJUN is categorized as Large Cap Blend Equities, while UGA is Oil & Gas. DJUN tracks Cboe S&P 500 30% (-5% to -35%) Buffer Protect June Series Index, while UGA tracks Front Month Unleaded Gasoline. They also come from different issuers: First Trust and Concierge Technologies. Their fees differ too: 0.85% for DJUN and 0.75% for UGA.
DJUN currently has the higher Sharpe Ratio (2.32 vs 1.73), 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.
Find the right allocation for DJUN and UGA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer