FJUN vs. KAT

Last updated Jun 23, 2026

FJUN (FT Cboe Vest U.S. Equity Buffer ETF - June) and KAT (Scharf ETF) are both Large Cap Blend Equities funds. FJUN is passively managed, while KAT is actively managed. A 0.63 correlation means they provide meaningful diversification when combined. FJUN charges 0.85%/yr vs 0.75%/yr for KAT.

Performance

FJUN vs. KAT - 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 Scharf ETF (KAT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FJUN achieves a 4.84% return, which is significantly higher than KAT's -2.36% return.

FJUN

• 1D: -0.17%
• 1M: 0.37%
• YTD: 4.84%
• 6M: 4.78%
• 1Y: 14.16%
• 3Y*: 13.60%
• 5Y*: 10.79%
• 10Y*: —

KAT

• 1D: -0.78%
• 1M: -2.67%
• YTD: -2.36%
• 6M: -2.49%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FJUN vs. KAT - Yearly Performance Comparison

	2026 (YTD)	2025
FJUN FT Cboe Vest U.S. Equity Buffer ETF - June	4.84%	3.61%
KAT Scharf ETF	-2.36%	0.85%

Correlation

The correlation between FJUN and KAT is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 25, 2025	0.63

FJUN vs. KAT - Sectors Allocation Comparison

Sectors	FJUN	KAT
Technology	39.0%	14.3%
Financial Services	11.1%	25.1%
Communication Services	10.6%	6.6%
Consumer Cyclical	9.9%	5.0%
Healthcare	8.3%	22.3%
Industrials	7.8%	14.6%
Consumer Defensive	4.5%	2.3%
Energy	3.1%	6.6%
Utilities	2.1%	-
Real Estate	1.8%	-
Basic Materials	1.7%	3.3%

Return for Risk

FJUN vs. KAT — Risk / Return Rank

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

FJUN

FJUN Risk / Return Rank: 84
FJUN Sharpe Ratio Rank: 82
FJUN Sortino Ratio Rank: 89
FJUN Omega Ratio Rank: 90
FJUN Calmar Ratio Rank: 71
FJUN Martin Ratio Rank: 90

KAT

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. KAT - 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 Scharf ETF (KAT). 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.

	FJUN	KAT	Difference
Sharpe ratio: Return per unit of total volatility	2.54	—	—
Sortino ratio: Return per unit of downside risk	3.89	—	—
Omega ratio: Gain probability vs. loss probability	1.55	—	—
Calmar ratio: Return relative to maximum drawdown	3.44	—	—
Martin ratio: Return relative to average drawdown	19.85	—	—

Drawdowns

FJUN vs. KAT - Drawdown Comparison

The maximum FJUN drawdown since its inception was -13.26%, which is greater than KAT's maximum drawdown of -9.25%. Use the drawdown chart below to compare losses from any high point for FJUN and KAT.

Drawdown Indicators

	FJUN	KAT	Difference
Max Drawdown Largest peak-to-trough decline	-13.26%	-9.25%	-4.01%
Max Drawdown (1Y) Largest decline over 1 year	-4.13%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-13.26%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-13.26%	—	—
Current Drawdown Current decline from peak	-0.17%	-7.56%	+7.39%
Average Drawdown Average peak-to-trough decline	-1.66%	-3.33%	+1.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.72%	—	—

Volatility

Volatility by Period

	FJUN	KAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.44%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.33%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	5.61%	10.62%	-5.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.55%	10.62%	-0.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.24%	10.62%	-0.38%

FJUN vs. KAT - Expense Ratio Comparison

FJUN has a 0.85% expense ratio, which is higher than KAT's 0.75% expense ratio.

Dividends

FJUN vs. KAT - Dividend Comparison

Neither FJUN nor KAT has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both FJUN and KAT in my portfolio?

FJUN and KAT have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FJUN or KAT?

On fees, KAT is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FJUN or KAT?

KAT is cheaper with a 0.75% expense ratio, compared with 0.85% for FJUN.

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

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

What is the main difference between FJUN and KAT?

They also come from different issuers: First Trust and Scharf Investments. Their fees differ too: 0.85% for FJUN and 0.75% for KAT.