GJUN vs. FOCT

Last updated Aug 4, 2026

GJUN (FT Cboe Vest U.S. Equity Moderate Buffer ETF - June) and FOCT (FT Vest U.S. Equity Buffer ETF - October) are both exchange-traded funds - GJUN is a Options Trading fund actively managed by FT Vest, while FOCT is a Defined Outcome fund actively managed by FT Vest. Both are actively managed. Over the past 3 years, GJUN returned 11.23%/yr vs 11.80%/yr for FOCT. Their correlation of 0.88 means they have usually moved in the same direction. Both charge a 0.85% expense ratio.

Performance

GJUN vs. FOCT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Cboe Vest U.S. Equity Moderate Buffer ETF - June (GJUN) and FT Vest U.S. Equity Buffer ETF - October (FOCT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GJUN achieves a 5.05% return, which is significantly lower than FOCT's 8.24% return.

GJUN

• 1D: 0.70%
• 1M: 1.20%
• 6M: 4.34%
• YTD: 5.05%
• 1Y: 10.17%
• 3Y*: 11.23%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 11.18%

FOCT

• 1D: 0.52%
• 1M: 1.40%
• 6M: 6.86%
• YTD: 8.24%
• 1Y: 17.96%
• 3Y*: 11.80%
• 5Y*: 9.18%
• 10Y*: —
• ALL TIME*: 10.28%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FOCT FT Vest U.S. Equity Buffer ETF - October	$901.74K	$817.51K	$2.05M
GJUN FT Cboe Vest U.S. Equity Moderate Buffer ETF - June	$1.05M	$3.56M	$4.67M

GJUN vs. FOCT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
GJUN FT Cboe Vest U.S. Equity Moderate Buffer ETF - June	5.05%	10.00%	13.24%	6.40%
FOCT FT Vest U.S. Equity Buffer ETF - October	8.24%	14.92%	9.62%	4.09%

Correlation

The correlation between GJUN and FOCT is 0.89, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.89
Correlation (3Y) Balances recent behavior with more history.	0.88
Correlation (All Time) Calculated using the full available price history since Jun 20, 2023	0.88

The correlation between GJUN and FOCT has been stable across timeframes, ranging from 0.88 to 0.89 - a consistent structural relationship.

Return for Risk

GJUN vs. FOCT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GJUN

GJUN Risk / Return Rank: 89
GJUN Sharpe Ratio Rank: 86
GJUN Sortino Ratio Rank: 90
GJUN Omega Ratio Rank: 92
GJUN Calmar Ratio Rank: 84
GJUN Martin Ratio Rank: 93

FOCT

FOCT Risk / Return Rank: 88
FOCT Sharpe Ratio Rank: 89
FOCT Sortino Ratio Rank: 90
FOCT Omega Ratio Rank: 90
FOCT Calmar Ratio Rank: 82
FOCT Martin Ratio Rank: 90

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GJUN vs. FOCT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest U.S. Equity Moderate Buffer ETF - June (GJUN) and FT Vest U.S. Equity Buffer ETF - October (FOCT). 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.

	GJUN	FOCT	Difference
Sharpe ratio: Return per unit of total volatility	2.17	2.23	-0.06
Sortino ratio: Return per unit of downside risk	3.31	3.23	+0.08
Omega ratio: Gain probability vs. loss probability	1.47	1.43	+0.04
Calmar ratio: Return relative to maximum drawdown	3.43	3.14	+0.29
Martin ratio: Return relative to average drawdown	18.46	15.11	+3.35

GJUN vs. FOCT - Sharpe Ratio Comparison

The current GJUN Sharpe Ratio is 2.17, which is comparable to the FOCT Sharpe Ratio of 2.23. The chart below compares the historical Sharpe Ratios of GJUN and FOCT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GJUN vs. FOCT - Drawdown Comparison

The maximum GJUN drawdown since its inception was -10.97%, smaller than the maximum FOCT drawdown of -14.07%. Use the drawdown chart below to compare losses from any high point for GJUN and FOCT.

Drawdown Indicators

	GJUN	FOCT	Difference
Max Drawdown Largest peak-to-trough decline	-10.97%	-14.07%	+3.10%
Max Drawdown (1Y) Largest decline over 1 year	-2.97%	-5.74%	+2.77%
Max Drawdown (3Y) Largest decline over 3 years	-10.97%	-13.06%	+2.09%
Max Drawdown (5Y) Largest decline over 5 years	—	-14.07%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.86%	-2.21%	+1.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.55%	1.19%	-0.64%

Volatility

GJUN vs. FOCT - Volatility Comparison

FT Cboe Vest U.S. Equity Moderate Buffer ETF - June (GJUN) and FT Vest U.S. Equity Buffer ETF - October (FOCT) have volatilities of 2.04% and 2.11%, 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.

Volatility by Period

	GJUN	FOCT	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.04%	2.11%	-0.07%
Volatility (6M) Calculated over the trailing 6-month period	3.84%	6.26%	-2.42%
Volatility (1Y) Calculated over the trailing 1-year period	4.72%	8.10%	-3.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.78%	11.15%	-3.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.78%	10.82%	-3.04%

GJUN vs. FOCT - Expense Ratio Comparison

Both GJUN and FOCT have an expense ratio of 0.85%.

Dividends

GJUN vs. FOCT - Dividend Comparison

Neither GJUN nor FOCT has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GJUN and FOCT in my portfolio?

GJUN and FOCT have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GJUN or FOCT?

FOCT has higher volatility (2.11%) compared to GJUN (2.04%). In terms of maximum drawdown, GJUN dropped -10.97% vs FOCT's -14.07%.

Which ETF is better, GJUN or FOCT?

On 3-year performance, FOCT leads with 11.80% vs 11.23% for GJUN. Both ETFs have the same 0.85% expense ratio. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GJUN or FOCT?

Over the 3-year period, FOCT has performed better with a 11.80% return vs 11.23%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GJUN or FOCT?

GJUN and FOCT have the same expense ratio: 0.85% per year.

Which ETF pays a higher dividend yield, GJUN or FOCT?

GJUN and FOCT have nearly identical dividend yields, around 0.00%.

What is the main difference between GJUN and FOCT?

GJUN is categorized as Options Trading, while FOCT is Defined Outcome.

Which has better risk-adjusted returns?

FOCT currently has the higher Sharpe Ratio (2.23 vs 2.17), 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.