FJUN vs. YMAG

Last updated Jun 4, 2026

FJUN (FT Cboe Vest U.S. Equity Buffer ETF - June) and YMAG (YieldMax Magnificent 7 Fund of Option Income ETFs) are both Large Cap Blend Equities funds. FJUN is passively managed, while YMAG is actively managed. Over the past year, FJUN returned 13.82% vs 27.02% for YMAG. A 0.80 correlation means they provide meaningful diversification when combined. FJUN charges 0.85%/yr vs 1.28%/yr for YMAG.

Performance

FJUN vs. YMAG - 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 YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG). 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 YMAG's 3.80% return.

FJUN

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

YMAG

• 1D: -0.86%
• 1M: 2.07%
• YTD: 3.80%
• 6M: 4.38%
• 1Y: 27.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FJUN vs. YMAG - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FJUN FT Cboe Vest U.S. Equity Buffer ETF - June	4.64%	11.05%	13.92%
YMAG YieldMax Magnificent 7 Fund of Option Income ETFs	3.80%	18.64%	36.05%

Correlation

The correlation between FJUN and YMAG is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.79
Correlation (All Time) Calculated using the full available price history since Jan 31, 2024	0.80

The correlation between FJUN and YMAG has been stable across timeframes, ranging from 0.79 to 0.80 - a consistent structural relationship.

FJUN vs. YMAG - Sectors Allocation Comparison

Sectors	FJUN	YMAG
Technology	36.2%	-
Financial Services	11.9%	100.0%
Communication Services	10.9%	-
Consumer Cyclical	10.1%	-
Healthcare	8.4%	-
Industrials	8.1%	-
Consumer Defensive	4.9%	-
Energy	3.5%	-
Utilities	2.3%	-
Real Estate	1.9%	-
Basic Materials	1.8%	-

Return for Risk

FJUN vs. YMAG — 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

YMAG

YMAG Risk / Return Rank: 43
YMAG Sharpe Ratio Rank: 47
YMAG Sortino Ratio Rank: 44
YMAG Omega Ratio Rank: 44
YMAG Calmar Ratio Rank: 37
YMAG Martin Ratio Rank: 41

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. YMAG - 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 YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG). 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	YMAG	Difference
Sharpe ratio: Return per unit of total volatility	2.28	1.68	+0.61
Sortino ratio: Return per unit of downside risk	3.44	2.27	+1.16
Omega ratio: Gain probability vs. loss probability	1.49	1.29	+0.20
Calmar ratio: Return relative to maximum drawdown	3.36	1.89	+1.47
Martin ratio: Return relative to average drawdown	18.98	6.63	+12.35
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. YMAG - Sharpe Ratio Comparison

The current FJUN Sharpe Ratio is 2.28, which is higher than the YMAG Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of FJUN and YMAG, 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	YMAG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.28	1.68	+0.61
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	1.19	-0.02

Drawdowns

FJUN vs. YMAG - Drawdown Comparison

The maximum FJUN drawdown since its inception was -13.26%, smaller than the maximum YMAG drawdown of -25.96%. Use the drawdown chart below to compare losses from any high point for FJUN and YMAG.

Drawdown Indicators

	FJUN	YMAG	Difference
Max Drawdown Largest peak-to-trough decline	-13.26%	-25.96%	+12.70%
Max Drawdown (1Y) Largest decline over 1 year	-4.13%	-14.38%	+10.25%
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%	-2.71%	+2.53%
Average Drawdown Average peak-to-trough decline	-1.67%	-4.52%	+2.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.73%	4.08%	-3.35%

Volatility

FJUN vs. YMAG - Volatility Comparison

The current volatility for FT Cboe Vest U.S. Equity Buffer ETF - June (FJUN) is 0.41%, while YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) has a volatility of 3.67%. This indicates that FJUN experiences smaller price fluctuations and is considered to be less risky than YMAG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FJUN	YMAG	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.41%	3.67%	-3.26%
Volatility (6M) Calculated over the trailing 6-month period	4.35%	11.52%	-7.17%
Volatility (1Y) Calculated over the trailing 1-year period	6.11%	16.19%	-10.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.55%	20.88%	-10.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.27%	20.88%	-10.61%

FJUN vs. YMAG - Expense Ratio Comparison

FJUN has a 0.85% expense ratio, which is lower than YMAG's 1.28% expense ratio.

Dividends

FJUN vs. YMAG - Dividend Comparison

FJUN has not paid dividends to shareholders, while YMAG's dividend yield for the trailing twelve months is around 52.16%.

Position	TTM	2025	2024
FJUN FT Cboe Vest U.S. Equity Buffer ETF - June	0.00%	0.00%	0.00%
YMAG YieldMax Magnificent 7 Fund of Option Income ETFs	52.16%	52.27%	35.22%

Frequently Asked Questions

Can I hold both FJUN and YMAG in my portfolio?

FJUN and YMAG have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FJUN or YMAG?

YMAG has higher volatility (3.67%) compared to FJUN (0.41%). In terms of maximum drawdown, FJUN dropped -13.26% vs YMAG's -25.96%.

Which ETF is better, FJUN or YMAG?

On 1-year performance, YMAG leads with 27.02% vs 13.82% for FJUN. On fees, FJUN is cheaper at 0.85% per year. On volatility, FJUN has been the lower-risk option at 0.41%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FJUN or YMAG?

Over the 1-year period, YMAG has performed better with a 27.02% return vs 13.82%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FJUN or YMAG?

FJUN is cheaper with a 0.85% expense ratio, compared with 1.28% for YMAG.

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

YMAG has the higher dividend yield at 52.16%, compared with 0.00% for FJUN.

What is the main difference between FJUN and YMAG?

They also come from different issuers: First Trust and YieldMax. Their fees differ too: 0.85% for FJUN and 1.28% for YMAG.

Which has better risk-adjusted returns?

FJUN currently has the higher Sharpe Ratio (2.28 vs 1.68), 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.