FEBP vs. GJUN

Last updated Aug 5, 2026

FEBP (PGIM US Large-Cap Buffer 12 ETF - February) and GJUN (FT Cboe Vest U.S. Equity Moderate Buffer ETF - June) are both Options Trading funds. Both are actively managed. Over the past year, FEBP returned 15.30% vs 10.37% for GJUN. Their correlation of 0.88 means they have usually moved in the same direction. FEBP charges 0.50%/yr vs 0.85%/yr for GJUN.

Performance

FEBP vs. GJUN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM US Large-Cap Buffer 12 ETF - February (FEBP) and FT Cboe Vest U.S. Equity Moderate Buffer ETF - June (GJUN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FEBP achieves a 8.22% return, which is significantly higher than GJUN's 5.82% return.

FEBP

• 1D: 0.11%
• 1M: 1.34%
• 6M: 6.79%
• YTD: 8.22%
• 1Y: 15.30%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 12.76%

GJUN

• 1D: 0.74%
• 1M: 1.95%
• 6M: 5.24%
• YTD: 5.82%
• 1Y: 10.37%
• 3Y*: 11.50%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 11.44%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FEBP PGIM US Large-Cap Buffer 12 ETF - February	$175.35K	$134.02K	$137.04K
GJUN FT Cboe Vest U.S. Equity Moderate Buffer ETF - June	$958.11K	$3.41M	$4.66M

FEBP vs. GJUN - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FEBP PGIM US Large-Cap Buffer 12 ETF - February	8.22%	12.06%	11.40%
GJUN FT Cboe Vest U.S. Equity Moderate Buffer ETF - June	5.82%	10.00%	12.08%

Correlation

The correlation between FEBP and GJUN is 0.89, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.89
Correlation (All Time) Calculated using the full available price history since Feb 1, 2024	0.88

The correlation between FEBP and GJUN has been stable across timeframes, ranging from 0.88 to 0.89 - a consistent structural relationship.

Return for Risk

FEBP vs. GJUN — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FEBP

FEBP Risk / Return Rank: 66
FEBP Sharpe Ratio Rank: 51
FEBP Sortino Ratio Rank: 53
FEBP Omega Ratio Rank: 80
FEBP Calmar Ratio Rank: 62
FEBP Martin Ratio Rank: 85

GJUN

GJUN Risk / Return Rank: 89
GJUN Sharpe Ratio Rank: 85
GJUN Sortino Ratio Rank: 89
GJUN Omega Ratio Rank: 92
GJUN Calmar Ratio Rank: 84
GJUN Martin Ratio Rank: 93

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FEBP vs. GJUN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM US Large-Cap Buffer 12 ETF - February (FEBP) and FT Cboe Vest U.S. Equity Moderate Buffer ETF - June (GJUN). 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.

	FEBP	GJUN	Difference
Sharpe ratio: Return per unit of total volatility	1.45	2.20	-0.75
Sortino ratio: Return per unit of downside risk	2.14	3.37	-1.23
Omega ratio: Gain probability vs. loss probability	1.37	1.48	-0.10
Calmar ratio: Return relative to maximum drawdown	2.50	3.50	-1.01
Martin ratio: Return relative to average drawdown	13.29	18.83	-5.54

FEBP vs. GJUN - Sharpe Ratio Comparison

The current FEBP Sharpe Ratio is 1.45, which is lower than the GJUN Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of FEBP and GJUN, 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

FEBP vs. GJUN - Drawdown Comparison

The maximum FEBP drawdown since its inception was -12.11%, which is greater than GJUN's maximum drawdown of -10.97%. Use the drawdown chart below to compare losses from any high point for FEBP and GJUN.

Drawdown Indicators

	FEBP	GJUN	Difference
Max Drawdown Largest peak-to-trough decline	-12.11%	-10.97%	-1.14%
Max Drawdown (1Y) Largest decline over 1 year	-6.16%	-2.97%	-3.19%
Max Drawdown (3Y) Largest decline over 3 years	—	-10.97%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.90%	-0.85%	-0.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.15%	0.55%	+0.60%

Volatility

FEBP vs. GJUN - Volatility Comparison

The current volatility for PGIM US Large-Cap Buffer 12 ETF - February (FEBP) is 1.90%, while FT Cboe Vest U.S. Equity Moderate Buffer ETF - June (GJUN) has a volatility of 2.11%. This indicates that FEBP experiences smaller price fluctuations and is considered to be less risky than GJUN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FEBP	GJUN	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.90%	2.11%	-0.21%
Volatility (6M) Calculated over the trailing 6-month period	9.78%	3.90%	+5.88%
Volatility (1Y) Calculated over the trailing 1-year period	10.61%	4.76%	+5.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.19%	7.79%	+2.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.19%	7.79%	+2.40%

FEBP vs. GJUN - Expense Ratio Comparison

FEBP has a 0.50% expense ratio, which is lower than GJUN's 0.85% expense ratio.

Dividends

FEBP vs. GJUN - Dividend Comparison

Neither FEBP nor GJUN has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both FEBP and GJUN in my portfolio?

FEBP and GJUN have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FEBP or GJUN?

GJUN has higher volatility (2.11%) compared to FEBP (1.90%). In terms of maximum drawdown, FEBP dropped -12.11% vs GJUN's -10.97%.

Which ETF is better, FEBP or GJUN?

On 1-year performance, FEBP leads with 15.30% vs 10.37% for GJUN. On fees, FEBP is cheaper at 0.50% per year. On volatility, FEBP has been the lower-risk option at 1.90%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FEBP or GJUN?

Over the 1-year period, FEBP has performed better with a 15.30% return vs 10.37%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FEBP or GJUN?

FEBP is cheaper with a 0.50% expense ratio, compared with 0.85% for GJUN.

Which ETF pays a higher dividend yield, FEBP or GJUN?

FEBP and GJUN have nearly identical dividend yields, around 0.00%.

What is the main difference between FEBP and GJUN?

They also come from different issuers: PGIM and FT Vest. Their fees differ too: 0.50% for FEBP and 0.85% for GJUN.

Which has better risk-adjusted returns?

GJUN currently has the higher Sharpe Ratio (2.20 vs 1.45), 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.