FEBZ vs. UXJL

Last updated Jun 4, 2026

FEBZ (TrueShares Structured Outcome (February) ETF) and UXJL (FT Vest U.S. Equity Uncapped Accelerator ETF - July) are both Defined Outcome funds. FEBZ is passively managed, while UXJL is actively managed. With a 0.99 correlation, they move nearly in lockstep. FEBZ charges 0.79%/yr vs 0.85%/yr for UXJL.

Performance

FEBZ vs. UXJL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TrueShares Structured Outcome (February) ETF (FEBZ) and FT Vest U.S. Equity Uncapped Accelerator ETF - July (UXJL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FEBZ achieves a 7.99% return, which is significantly lower than UXJL's 11.78% return.

FEBZ

• 1D: -0.49%
• 1M: 4.07%
• YTD: 7.99%
• 6M: 7.75%
• 1Y: 20.13%
• 3Y*: 15.79%
• 5Y*: 11.22%
• 10Y*: —

UXJL

• 1D: -0.76%
• 1M: 6.02%
• YTD: 11.78%
• 6M: 11.50%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FEBZ vs. UXJL - Yearly Performance Comparison

	2026 (YTD)	2025
FEBZ TrueShares Structured Outcome (February) ETF	7.99%	6.63%
UXJL FT Vest U.S. Equity Uncapped Accelerator ETF - July	11.78%	9.31%

Correlation

The correlation between FEBZ and UXJL is 0.99 - 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 Jul 22, 2025	0.99

Return for Risk

FEBZ vs. UXJL — Risk / Return Rank

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

FEBZ

FEBZ Risk / Return Rank: 65
FEBZ Sharpe Ratio Rank: 67
FEBZ Sortino Ratio Rank: 66
FEBZ Omega Ratio Rank: 66
FEBZ Calmar Ratio Rank: 58
FEBZ Martin Ratio Rank: 67

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.

FEBZ vs. UXJL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TrueShares Structured Outcome (February) ETF (FEBZ) and FT Vest U.S. Equity Uncapped Accelerator ETF - July (UXJL). 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.

	FEBZ	UXJL	Difference
Sharpe ratio: Return per unit of total volatility	2.17	—	—
Sortino ratio: Return per unit of downside risk	3.01	—	—
Omega ratio: Gain probability vs. loss probability	1.39	—	—
Calmar ratio: Return relative to maximum drawdown	2.83	—	—
Martin ratio: Return relative to average drawdown	12.21	—	—
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

	FEBZ	UXJL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.17	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.90	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.00	1.87	-0.87

Drawdowns

FEBZ vs. UXJL - Drawdown Comparison

The maximum FEBZ drawdown since its inception was -17.50%, which is greater than UXJL's maximum drawdown of -10.29%. Use the drawdown chart below to compare losses from any high point for FEBZ and UXJL.

Drawdown Indicators

	FEBZ	UXJL	Difference
Max Drawdown Largest peak-to-trough decline	-17.50%	-10.29%	-7.21%
Max Drawdown (1Y) Largest decline over 1 year	-7.14%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-14.68%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-17.50%	—	—
Current Drawdown Current decline from peak	-0.49%	-0.76%	+0.27%
Average Drawdown Average peak-to-trough decline	-3.32%	-1.51%	-1.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.65%	—	—

Volatility

Volatility by Period

	FEBZ	UXJL	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.29%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.09%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.34%	13.90%	-4.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.47%	13.90%	-1.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.35%	13.90%	-1.55%

FEBZ vs. UXJL - Expense Ratio Comparison

FEBZ has a 0.79% expense ratio, which is lower than UXJL's 0.85% expense ratio.

Dividends

FEBZ vs. UXJL - Dividend Comparison

FEBZ's dividend yield for the trailing twelve months is around 2.96%, while UXJL has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
FEBZ TrueShares Structured Outcome (February) ETF	2.96%	3.20%	3.88%	6.81%
UXJL FT Vest U.S. Equity Uncapped Accelerator ETF - July	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FEBZ and UXJL in my portfolio?

With a correlation of 0.99, FEBZ and UXJL 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, FEBZ or UXJL?

On fees, FEBZ is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FEBZ or UXJL?

FEBZ is cheaper with a 0.79% expense ratio, compared with 0.85% for UXJL.

Which ETF pays a higher dividend yield, FEBZ or UXJL?

FEBZ has the higher dividend yield at 2.96%, compared with 0.00% for UXJL.

What is the main difference between FEBZ and UXJL?

They also come from different issuers: TrueShares and First Trust. Their fees differ too: 0.79% for FEBZ and 0.85% for UXJL.