GJUL vs. BFEB
Compare and contrast key facts about FT Cboe Vest U.S. Equity Moderate Buffer ETF - July (GJUL) and Innovator S&P 500 Buffer ETF - February (BFEB).
GJUL and BFEB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GJUL is an actively managed fund by FT Vest. It was launched on Jul 20, 2023. BFEB is a passively managed fund by Innovator that tracks the performance of the Cboe S&P 500 Buffer Protect Index February Series. It was launched on Jan 31, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GJUL or BFEB.
Key characteristics
| GJUL | BFEB | |
|---|---|---|
| YTD Return | 11.12% | 13.35% |
| 1Y Return | 16.57% | 20.97% |
| Sharpe Ratio | 2.35 | 2.48 |
| Daily Std Dev | 6.64% | 8.29% |
| Max Drawdown | -5.52% | -26.37% |
| Current Drawdown | 0.00% | -0.18% |
Correlation
The correlation between GJUL and BFEB is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
GJUL vs. BFEB - Performance Comparison
In the year-to-date period, GJUL achieves a 11.12% return, which is significantly lower than BFEB's 13.35% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GJUL vs. BFEB - Expense Ratio Comparison
GJUL has a 0.85% expense ratio, which is higher than BFEB's 0.79% expense ratio.
Risk-Adjusted Performance
GJUL vs. BFEB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest U.S. Equity Moderate Buffer ETF - July (GJUL) and Innovator S&P 500 Buffer ETF - February (BFEB). 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.
Dividends
GJUL vs. BFEB - Dividend Comparison
Neither GJUL nor BFEB has paid dividends to shareholders.
Drawdowns
GJUL vs. BFEB - Drawdown Comparison
The maximum GJUL drawdown since its inception was -5.52%, smaller than the maximum BFEB drawdown of -26.37%. Use the drawdown chart below to compare losses from any high point for GJUL and BFEB. For additional features, visit the drawdowns tool.
Volatility
GJUL vs. BFEB - Volatility Comparison
FT Cboe Vest U.S. Equity Moderate Buffer ETF - July (GJUL) and Innovator S&P 500 Buffer ETF - February (BFEB) have volatilities of 2.09% and 2.03%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.