FDEC vs. JULB

Last updated Jun 4, 2026

FDEC (FT Vest U.S. Equity Buffer ETF - December) and JULB (Aptus July Buffer ETF) are both Defined Outcome funds. Both are actively managed. With a 0.96 correlation, they move nearly in lockstep. FDEC charges 0.85%/yr vs 0.25%/yr for JULB.

Performance

FDEC vs. JULB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest U.S. Equity Buffer ETF - December (FDEC) and Aptus July Buffer ETF (JULB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with FDEC having a 6.38% return and JULB slightly lower at 6.35%.

FDEC

• 1D: -0.19%
• 1M: 2.64%
• YTD: 6.38%
• 6M: 7.86%
• 1Y: 20.01%
• 3Y*: 15.93%
• 5Y*: 10.58%
• 10Y*: —

JULB

• 1D: -0.07%
• 1M: 2.40%
• YTD: 6.35%
• 6M: 6.93%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FDEC vs. JULB - Yearly Performance Comparison

	2026 (YTD)	2025
FDEC FT Vest U.S. Equity Buffer ETF - December	6.38%	4.32%
JULB Aptus July Buffer ETF	6.35%	2.56%

Correlation

The correlation between FDEC and JULB is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 15, 2025	0.96

Return for Risk

FDEC vs. JULB — Risk / Return Rank

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

FDEC

FDEC Risk / Return Rank: 81
FDEC Sharpe Ratio Rank: 81
FDEC Sortino Ratio Rank: 85
FDEC Omega Ratio Rank: 85
FDEC Calmar Ratio Rank: 70
FDEC Martin Ratio Rank: 85

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.

FDEC vs. JULB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest U.S. Equity Buffer ETF - December (FDEC) and Aptus July Buffer ETF (JULB). 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.

	FDEC	JULB	Difference
Sharpe ratio: Return per unit of total volatility	2.64	—	—
Sortino ratio: Return per unit of downside risk	3.83	—	—
Omega ratio: Gain probability vs. loss probability	1.52	—	—
Calmar ratio: Return relative to maximum drawdown	3.44	—	—
Martin ratio: Return relative to average drawdown	17.84	—	—
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

	FDEC	JULB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.64	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.95	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.04	2.17	-1.13

Drawdowns

FDEC vs. JULB - Drawdown Comparison

The maximum FDEC drawdown since its inception was -15.67%, which is greater than JULB's maximum drawdown of -5.24%. Use the drawdown chart below to compare losses from any high point for FDEC and JULB.

Drawdown Indicators

	FDEC	JULB	Difference
Max Drawdown Largest peak-to-trough decline	-15.67%	-5.24%	-10.43%
Max Drawdown (1Y) Largest decline over 1 year	-5.83%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-13.04%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-15.67%	—	—
Current Drawdown Current decline from peak	-0.19%	-0.07%	-0.12%
Average Drawdown Average peak-to-trough decline	-2.57%	-0.87%	-1.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.12%	—	—

Volatility

Volatility by Period

	FDEC	JULB	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.27%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.92%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	7.62%	6.81%	+0.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.21%	6.81%	+4.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.01%	6.81%	+4.20%

FDEC vs. JULB - Expense Ratio Comparison

FDEC has a 0.85% expense ratio, which is higher than JULB's 0.25% expense ratio.

Dividends

FDEC vs. JULB - Dividend Comparison

Neither FDEC nor JULB has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both FDEC and JULB in my portfolio?

With a correlation of 0.96, FDEC and JULB 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 ETF is better, FDEC or JULB?

On fees, JULB is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FDEC or JULB?

JULB is cheaper with a 0.25% expense ratio, compared with 0.85% for FDEC.

Which ETF pays a higher dividend yield, FDEC or JULB?

FDEC and JULB have nearly identical dividend yields, around 0.00%.

What is the main difference between FDEC and JULB?

They also come from different issuers: FT Vest and Aptus Capital Advisors. Their fees differ too: 0.85% for FDEC and 0.25% for JULB.