FJUN vs. TEXN

Last updated Jun 4, 2026

FJUN (FT Cboe Vest U.S. Equity Buffer ETF - June) and TEXN (iShares Texas Equity ETF) are both Large Cap Blend Equities funds - FJUN tracks the Cboe S&P 500 Buffer Protect Index June while TEXN tracks the Russell Texas Equity Index. Both are passively managed. A 0.52 correlation means they provide meaningful diversification when combined. FJUN charges 0.85%/yr vs 0.20%/yr for TEXN.

Performance

FJUN vs. TEXN - 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 iShares Texas Equity ETF (TEXN). 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 lower than TEXN's 25.94% return.

FJUN

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

TEXN

• 1D: -0.24%
• 1M: 5.35%
• YTD: 25.94%
• 6M: 24.41%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FJUN vs. TEXN - Yearly Performance Comparison

	2026 (YTD)	2025
FJUN FT Cboe Vest U.S. Equity Buffer ETF - June	4.64%	7.66%
TEXN iShares Texas Equity ETF	25.94%	8.16%

Correlation

The correlation between FJUN and TEXN is 0.52, 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 Jun 25, 2025	0.52

FJUN vs. TEXN - Sectors Allocation Comparison

Sectors	FJUN	TEXN
Technology	36.2%	15.5%
Financial Services	11.9%	4.1%
Communication Services	10.9%	3.6%
Consumer Cyclical	10.1%	10.8%
Healthcare	8.4%	2.9%
Industrials	8.1%	16.9%
Consumer Defensive	4.9%	2.1%
Energy	3.5%	36.1%
Utilities	2.3%	2.9%
Real Estate	1.9%	4.2%
Basic Materials	1.8%	0.8%

Return for Risk

FJUN vs. TEXN — 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. TEXN - 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 iShares Texas Equity ETF (TEXN). 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	TEXN	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	TEXN	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	2.75	-1.58

Drawdowns

FJUN vs. TEXN - Drawdown Comparison

The maximum FJUN drawdown since its inception was -13.26%, which is greater than TEXN's maximum drawdown of -6.34%. Use the drawdown chart below to compare losses from any high point for FJUN and TEXN.

Drawdown Indicators

	FJUN	TEXN	Difference
Max Drawdown Largest peak-to-trough decline	-13.26%	-6.34%	-6.92%
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%	-0.24%	+0.06%
Average Drawdown Average peak-to-trough decline	-1.67%	-1.12%	-0.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.73%	—	—

Volatility

Volatility by Period

	FJUN	TEXN	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%	14.19%	-8.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.55%	14.19%	-3.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.27%	14.19%	-3.92%

FJUN vs. TEXN - Expense Ratio Comparison

FJUN has a 0.85% expense ratio, which is higher than TEXN's 0.20% expense ratio.

Dividends

FJUN vs. TEXN - Dividend Comparison

FJUN has not paid dividends to shareholders, while TEXN's dividend yield for the trailing twelve months is around 1.01%.

Position	TTM	2025
FJUN FT Cboe Vest U.S. Equity Buffer ETF - June	0.00%	0.00%
TEXN iShares Texas Equity ETF	1.01%	0.86%

Frequently Asked Questions

Can I hold both FJUN and TEXN in my portfolio?

FJUN and TEXN have a correlation of 0.52, 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 TEXN?

On fees, TEXN is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FJUN or TEXN?

TEXN is cheaper with a 0.20% expense ratio, compared with 0.85% for FJUN.

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

TEXN has the higher dividend yield at 1.01%, compared with 0.00% for FJUN.

What is the main difference between FJUN and TEXN?

FJUN tracks Cboe S&P 500 Buffer Protect Index June, while TEXN tracks Russell Texas Equity Index. They also come from different issuers: First Trust and iShares. Their fees differ too: 0.85% for FJUN and 0.20% for TEXN.