FJUN vs. SPQ

Last updated Jun 4, 2026

FJUN (FT Cboe Vest U.S. Equity Buffer ETF - June) and SPQ (Simplify US Equity Plus QIS ETF) are both Large Cap Blend Equities funds. FJUN is passively managed, while SPQ is actively managed. A 0.65 correlation means they provide meaningful diversification when combined. FJUN charges 0.85%/yr vs 1.00%/yr for SPQ.

Performance

FJUN vs. SPQ - 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 Simplify US Equity Plus QIS ETF (SPQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FJUN

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

SPQ

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FJUN vs. SPQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FJUN FT Cboe Vest U.S. Equity Buffer ETF - June	4.64%	11.05%	16.38%	4.84%
SPQ Simplify US Equity Plus QIS ETF	0.00%	-4.67%	20.38%	5.51%

Correlation

The correlation between FJUN and SPQ is 0.65, 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 Nov 15, 2023	0.65

FJUN vs. SPQ - Sectors Allocation Comparison

Sectors	FJUN	SPQ
Technology	36.2%	31.7%
Financial Services	11.9%	14.0%
Communication Services	10.9%	9.5%
Consumer Cyclical	10.1%	10.4%
Healthcare	8.4%	10.9%
Industrials	8.1%	7.7%
Consumer Defensive	4.9%	6.2%
Energy	3.5%	3.2%
Utilities	2.3%	2.6%
Real Estate	1.9%	2.3%
Basic Materials	1.8%	1.8%

Return for Risk

FJUN vs. SPQ — 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

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. SPQ - 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 Simplify US Equity Plus QIS ETF (SPQ). 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	SPQ	Difference
Sharpe ratio: Return per unit of total volatility	2.28	—	—
Sortino ratio: Return per unit of downside risk	3.44	—	—
Omega ratio: Gain probability vs. loss probability	1.49	—	—
Calmar ratio: Return relative to maximum drawdown	3.36	—	—
Martin ratio: Return relative to average drawdown	18.98	—	—
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

	FJUN	SPQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.28	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.05	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.17	—	—

Drawdowns

Drawdown Indicators

	FJUN	SPQ	Difference
Max Drawdown Largest peak-to-trough decline	-13.26%	—	—
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	-0.18%	—	—
Average Drawdown Average peak-to-trough decline	-1.67%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.73%	—	—

Volatility

Volatility by Period

	FJUN	SPQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.41%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.35%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	6.11%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.55%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.27%	—	—

FJUN vs. SPQ - Expense Ratio Comparison

FJUN has a 0.85% expense ratio, which is lower than SPQ's 1.00% expense ratio.

Dividends

FJUN vs. SPQ - Dividend Comparison

Neither FJUN nor SPQ has paid dividends to shareholders.

Position	TTM	2025	2024	2023
FJUN FT Cboe Vest U.S. Equity Buffer ETF - June	0.00%	0.00%	0.00%	0.00%
SPQ Simplify US Equity Plus QIS ETF	0.00%	0.31%	17.17%	1.68%

Frequently Asked Questions

Can I hold both FJUN and SPQ in my portfolio?

FJUN and SPQ have a correlation of 0.65, 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 SPQ?

On fees, FJUN is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FJUN or SPQ?

FJUN is cheaper with a 0.85% expense ratio, compared with 1.00% for SPQ.

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

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

What is the main difference between FJUN and SPQ?

They also come from different issuers: First Trust and Simplify. Their fees differ too: 0.85% for FJUN and 1.00% for SPQ.