FJUN vs. DJUN

Last updated Jun 4, 2026

FJUN (FT Cboe Vest U.S. Equity Buffer ETF - June) and DJUN (FT Cboe Vest U.S. Equity Deep Buffer ETF - June) are both Large Cap Blend Equities funds from First Trust - FJUN tracks the Cboe S&P 500 Buffer Protect Index June while DJUN tracks the Cboe S&P 500 30% (-5% to -35%) Buffer Protect June Series Index. Both are passively managed. Over the past 5 years, FJUN returned 11.05%/yr vs 8.19%/yr for DJUN. Their correlation of 0.93 suggests significant overlap in exposure. Both charge a 0.85% expense ratio.

Performance

FJUN vs. DJUN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Cboe Vest U.S. Equity Buffer ETF - June (FJUN) and FT Cboe Vest U.S. Equity Deep Buffer ETF - June (DJUN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FJUN achieves a 4.64% return, which is significantly higher than DJUN's 3.78% return.

FJUN

• 1D: -0.18%
• 1M: 1.03%
• YTD: 4.64%
• 6M: 5.30%
• 1Y: 13.82%
• 3Y*: 14.38%
• 5Y*: 11.05%
• 10Y*: —

DJUN

• 1D: 0.01%
• 1M: 0.88%
• YTD: 3.78%
• 6M: 4.53%
• 1Y: 10.92%
• 3Y*: 11.40%
• 5Y*: 8.19%
• 10Y*: —

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

FJUN vs. DJUN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
FJUN FT Cboe Vest U.S. Equity Buffer ETF - June	4.64%	11.05%	16.38%	22.30%	-4.95%	11.47%	11.67%
DJUN FT Cboe Vest U.S. Equity Deep Buffer ETF - June	3.78%	9.38%	13.92%	17.58%	-6.30%	6.27%	6.48%

Correlation

The correlation between FJUN and DJUN is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (All Time) Calculated using the full available price history since Jun 23, 2020	0.93

The correlation between FJUN and DJUN has been stable across timeframes, ranging from 0.91 to 0.95 - a consistent structural relationship.

Return for Risk

FJUN vs. DJUN — Risk / Return Rank

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

FJUN

FJUN Risk / Return Rank: 77
FJUN Sharpe Ratio Rank: 70
FJUN Sortino Ratio Rank: 77
FJUN Omega Ratio Rank: 81
FJUN Calmar Ratio Rank: 68
FJUN Martin Ratio Rank: 88

DJUN

DJUN Risk / Return Rank: 77
DJUN Sharpe Ratio Rank: 67
DJUN Sortino Ratio Rank: 74
DJUN Omega Ratio Rank: 83
DJUN Calmar Ratio Rank: 71
DJUN Martin Ratio Rank: 90

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.

FJUN vs. DJUN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest U.S. Equity Buffer ETF - June (FJUN) and FT Cboe Vest U.S. Equity Deep Buffer ETF - June (DJUN). 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.

	FJUN	DJUN	Difference
Sharpe ratio: Return per unit of total volatility	2.28	2.22	+0.07
Sortino ratio: Return per unit of downside risk	3.44	3.35	+0.09
Omega ratio: Gain probability vs. loss probability	1.49	1.50	-0.02
Calmar ratio: Return relative to maximum drawdown	3.36	3.51	-0.15
Martin ratio: Return relative to average drawdown	18.98	20.66	-1.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FJUN vs. DJUN - Sharpe Ratio Comparison

The current FJUN Sharpe Ratio is 2.28, which is comparable to the DJUN Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of FJUN and DJUN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FJUN	DJUN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.28	2.22	+0.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.05	0.97	+0.08
Sharpe Ratio (All Time) Calculated using the full available price history	1.17	1.04	+0.13

Drawdowns

FJUN vs. DJUN - Drawdown Comparison

The maximum FJUN drawdown since its inception was -13.26%, which is greater than DJUN's maximum drawdown of -11.96%. Use the drawdown chart below to compare losses from any high point for FJUN and DJUN.

Drawdown Indicators

	FJUN	DJUN	Difference
Max Drawdown Largest peak-to-trough decline	-13.26%	-11.96%	-1.30%
Max Drawdown (1Y) Largest decline over 1 year	-4.13%	-3.15%	-0.98%
Max Drawdown (3Y) Largest decline over 3 years	-13.26%	-11.96%	-1.30%
Max Drawdown (5Y) Largest decline over 5 years	-13.26%	-11.96%	-1.30%
Current Drawdown Current decline from peak	-0.18%	0.00%	-0.18%
Average Drawdown Average peak-to-trough decline	-1.67%	-1.59%	-0.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.73%	0.53%	+0.20%

Volatility

FJUN vs. DJUN - Volatility Comparison

FT Cboe Vest U.S. Equity Buffer ETF - June (FJUN) has a higher volatility of 0.41% compared to FT Cboe Vest U.S. Equity Deep Buffer ETF - June (DJUN) at 0.25%. This indicates that FJUN's price experiences larger fluctuations and is considered to be riskier than DJUN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FJUN	DJUN	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.41%	0.25%	+0.16%
Volatility (6M) Calculated over the trailing 6-month period	4.35%	3.55%	+0.80%
Volatility (1Y) Calculated over the trailing 1-year period	6.11%	5.04%	+1.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.55%	8.52%	+2.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.27%	8.06%	+2.21%

FJUN vs. DJUN - Expense Ratio Comparison

Both FJUN and DJUN have an expense ratio of 0.85%.

Dividends

FJUN vs. DJUN - Dividend Comparison

Neither FJUN nor DJUN has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both FJUN and DJUN in my portfolio?

With a correlation of 0.91, FJUN and DJUN 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 is riskier, FJUN or DJUN?

FJUN has higher volatility (0.41%) compared to DJUN (0.25%). In terms of maximum drawdown, FJUN dropped -13.26% vs DJUN's -11.96%.

Which ETF is better, FJUN or DJUN?

On 5-year performance, FJUN leads with 11.05% vs 8.19% for DJUN. Both ETFs have the same 0.85% expense ratio. On volatility, DJUN has been the lower-risk option at 0.25%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FJUN or DJUN?

Over the 5-year period, FJUN has performed better with a 11.05% return vs 8.19%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FJUN or DJUN?

FJUN and DJUN have the same expense ratio: 0.85% per year.

Which ETF pays a higher dividend yield, FJUN or DJUN?

FJUN and DJUN have nearly identical dividend yields, around 0.00%.

What is the main difference between FJUN and DJUN?

FJUN tracks Cboe S&P 500 Buffer Protect Index June, while DJUN tracks Cboe S&P 500 30% (-5% to -35%) Buffer Protect June Series Index.

Which has better risk-adjusted returns?

FJUN currently has the higher Sharpe Ratio (2.28 vs 2.22), 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.