FJUL vs. RBIL

Last updated Jun 24, 2026

FJUL (FT Cboe Vest U.S. Equity Buffer ETF - July) and RBIL (F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF) are both exchange-traded funds - FJUL is a Options Trading fund tracking the Cboe S&P 500 Buffer Protect Index July, while RBIL is a Inflation-Protected Bonds fund tracking the Bloomberg US Ultrashort TIPS 1-13 Months Index. Both are passively managed. Over the past year, FJUL returned 17.51% vs 4.07% for RBIL. At a correlation of -0.19, they often move in opposite directions. FJUL charges 0.85%/yr vs 0.17%/yr for RBIL.

Performance

FJUL vs. RBIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Cboe Vest U.S. Equity Buffer ETF - July (FJUL) and F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FJUL achieves a 5.86% return, which is significantly higher than RBIL's 2.32% return.

FJUL

• 1D: -0.31%
• 1M: 0.51%
• YTD: 5.86%
• 6M: 5.62%
• 1Y: 17.51%
• 3Y*: 15.77%
• 5Y*: 11.37%
• 10Y*: —

RBIL

• 1D: 0.01%
• 1M: -0.19%
• YTD: 2.32%
• 6M: 2.37%
• 1Y: 4.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FJUL vs. RBIL - Yearly Performance Comparison

	2026 (YTD)	2025
FJUL FT Cboe Vest U.S. Equity Buffer ETF - July	5.86%	12.39%
RBIL F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF	2.32%	2.85%

Correlation

The correlation between FJUL and RBIL is -0.21, 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	-0.21
Correlation (All Time) Calculated using the full available price history since Feb 25, 2025	-0.19

Return for Risk

FJUL vs. RBIL — Risk / Return Rank

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

FJUL

FJUL Risk / Return Rank: 85
FJUL Sharpe Ratio Rank: 86
FJUL Sortino Ratio Rank: 89
FJUL Omega Ratio Rank: 89
FJUL Calmar Ratio Rank: 74
FJUL Martin Ratio Rank: 89

RBIL

RBIL Risk / Return Rank: 97
RBIL Sharpe Ratio Rank: 97
RBIL Sortino Ratio Rank: 98
RBIL Omega Ratio Rank: 98
RBIL Calmar Ratio Rank: 96
RBIL Martin Ratio Rank: 97

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.

FJUL vs. RBIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest U.S. Equity Buffer ETF - July (FJUL) and F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL). 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.

	FJUL	RBIL	Difference
Sharpe ratio: Return per unit of total volatility	2.55	4.35	-1.80
Sortino ratio: Return per unit of downside risk	3.71	6.69	-2.98
Omega ratio: Gain probability vs. loss probability	1.51	2.13	-0.62
Calmar ratio: Return relative to maximum drawdown	3.45	7.82	-4.37
Martin ratio: Return relative to average drawdown	18.14	42.95	-24.81

FJUL vs. RBIL - Sharpe Ratio Comparison

The current FJUL Sharpe Ratio is 2.55, which is lower than the RBIL Sharpe Ratio of 4.35. The chart below compares the historical Sharpe Ratios of FJUL and RBIL, 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

FJUL vs. RBIL - Drawdown Comparison

The maximum FJUL drawdown since its inception was -13.08%, which is greater than RBIL's maximum drawdown of -0.52%. Use the drawdown chart below to compare losses from any high point for FJUL and RBIL.

Drawdown Indicators

	FJUL	RBIL	Difference
Max Drawdown Largest peak-to-trough decline	-13.08%	-0.52%	-12.56%
Max Drawdown (1Y) Largest decline over 1 year	-5.10%	-0.52%	-4.58%
Max Drawdown (3Y) Largest decline over 3 years	-13.08%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-13.08%	—	—
Current Drawdown Current decline from peak	-0.35%	-0.50%	+0.15%
Average Drawdown Average peak-to-trough decline	-1.86%	-0.07%	-1.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.97%	0.10%	+0.87%

Volatility

FJUL vs. RBIL - Volatility Comparison

FT Cboe Vest U.S. Equity Buffer ETF - July (FJUL) has a higher volatility of 1.27% compared to F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL) at 0.36%. This indicates that FJUL's price experiences larger fluctuations and is considered to be riskier than RBIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FJUL	RBIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.27%	0.36%	+0.91%
Volatility (6M) Calculated over the trailing 6-month period	5.17%	0.85%	+4.32%
Volatility (1Y) Calculated over the trailing 1-year period	6.93%	0.95%	+5.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.97%	1.07%	+9.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.53%	1.07%	+9.46%

FJUL vs. RBIL - Expense Ratio Comparison

FJUL has a 0.85% expense ratio, which is higher than RBIL's 0.17% expense ratio.

Dividends

FJUL vs. RBIL - Dividend Comparison

FJUL has not paid dividends to shareholders, while RBIL's dividend yield for the trailing twelve months is around 4.38%.

Position	TTM	2025
FJUL FT Cboe Vest U.S. Equity Buffer ETF - July	0.00%	0.00%
RBIL F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF	4.38%	3.65%

Frequently Asked Questions

Can I hold both FJUL and RBIL in my portfolio?

FJUL and RBIL have a correlation of -0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FJUL or RBIL?

FJUL has higher volatility (1.27%) compared to RBIL (0.36%). In terms of maximum drawdown, FJUL dropped -13.08% vs RBIL's -0.52%.

Which ETF is better, FJUL or RBIL?

On 1-year performance, FJUL leads with 17.51% vs 4.07% for RBIL. On fees, RBIL is cheaper at 0.17% per year. On volatility, RBIL has been the lower-risk option at 0.36%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FJUL or RBIL?

Over the 1-year period, FJUL has performed better with a 17.51% return vs 4.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FJUL or RBIL?

RBIL is cheaper with a 0.17% expense ratio, compared with 0.85% for FJUL.

Which ETF pays a higher dividend yield, FJUL or RBIL?

RBIL has the higher dividend yield at 4.38%, compared with 0.00% for FJUL.

What is the main difference between FJUL and RBIL?

FJUL is categorized as Options Trading, while RBIL is Inflation-Protected Bonds. FJUL tracks Cboe S&P 500 Buffer Protect Index July, while RBIL tracks Bloomberg US Ultrashort TIPS 1-13 Months Index. They also come from different issuers: FT Vest and F/m. Their fees differ too: 0.85% for FJUL and 0.17% for RBIL.

Which has better risk-adjusted returns?

RBIL currently has the higher Sharpe Ratio (4.35 vs 2.55), 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.