GJUN vs. QUAL

Last updated Jun 3, 2026

GJUN (FT Cboe Vest U.S. Equity Moderate Buffer ETF - June) and QUAL (iShares MSCI USA Quality Factor ETF) are both exchange-traded funds - GJUN is a Options Trading fund actively managed by FT Vest, while QUAL is a Large Cap Blend Equities fund tracking the MSCI USA Sector Neutral Quality Index. GJUN is actively managed, while QUAL is passively managed. Over the past year, GJUN returned 12.00% vs 21.68% for QUAL. Their correlation of 0.90 suggests significant overlap in exposure. GJUN charges 0.85%/yr vs 0.15%/yr for QUAL.

Performance

GJUN vs. QUAL - 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 iShares MSCI USA Quality Factor ETF (QUAL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GJUN achieves a 3.71% return, which is significantly lower than QUAL's 8.80% return.

GJUN

• 1D: 0.07%
• 1M: 0.72%
• YTD: 3.71%
• 6M: 4.59%
• 1Y: 12.00%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QUAL

• 1D: -0.07%
• 1M: 4.62%
• YTD: 8.80%
• 6M: 8.86%
• 1Y: 21.68%
• 3Y*: 19.66%
• 5Y*: 11.96%
• 10Y*: 14.27%

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

GJUN vs. QUAL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
GJUN FT Cboe Vest U.S. Equity Moderate Buffer ETF - June	3.71%	10.00%	13.24%	6.43%
QUAL iShares MSCI USA Quality Factor ETF	8.80%	12.65%	22.29%	11.54%

Correlation

The correlation between GJUN and QUAL is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (All Time) Calculated using the full available price history since Jun 21, 2023	0.90

The correlation between GJUN and QUAL has been stable across timeframes, ranging from 0.87 to 0.90 - a consistent structural relationship.

GJUN vs. QUAL - Sectors Allocation Comparison

Sectors	GJUN	QUAL
Technology	36.2%	36.5%
Financial Services	11.9%	11.5%
Communication Services	10.9%	11.1%
Consumer Cyclical	10.1%	9.3%
Healthcare	8.4%	9.0%
Industrials	8.1%	8.2%
Consumer Defensive	4.9%	4.9%
Energy	3.5%	4.0%
Utilities	2.3%	1.9%
Real Estate	1.9%	1.8%
Basic Materials	1.8%	1.7%

Return for Risk

GJUN vs. QUAL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GJUN

GJUN Risk / Return Rank: 83
GJUN Sharpe Ratio Rank: 74
GJUN Sortino Ratio Rank: 83
GJUN Omega Ratio Rank: 86
GJUN Calmar Ratio Rank: 80
GJUN Martin Ratio Rank: 92

QUAL

QUAL Risk / Return Rank: 53
QUAL Sharpe Ratio Rank: 53
QUAL Sortino Ratio Rank: 53
QUAL Omega Ratio Rank: 51
QUAL Calmar Ratio Rank: 48
QUAL Martin Ratio Rank: 60

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.

GJUN vs. QUAL - 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 iShares MSCI USA Quality Factor ETF (QUAL). 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.

	GJUN	QUAL	Difference
Sharpe ratio Return per unit of total volatility	2.46	1.84	+0.61
Sortino ratio Return per unit of downside risk	3.78	2.62	+1.16
Omega ratio Gain probability vs. loss probability	1.54	1.32	+0.22
Calmar ratio Return relative to maximum drawdown	4.18	2.41	+1.77
Martin ratio Return relative to average drawdown	23.11	11.00	+12.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GJUN vs. QUAL - Sharpe Ratio Comparison

The current GJUN Sharpe Ratio is 2.46, which is higher than the QUAL Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of GJUN and QUAL, 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

	GJUN	QUAL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.46	1.84	+0.61
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.69	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.79	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.45	0.80	+0.65

Drawdowns

GJUN vs. QUAL - Drawdown Comparison

The maximum GJUN drawdown since its inception was -10.97%, smaller than the maximum QUAL drawdown of -34.06%. Use the drawdown chart below to compare losses from any high point for GJUN and QUAL.

Drawdown Indicators

	GJUN	QUAL	Difference
Max Drawdown Largest peak-to-trough decline	-10.97%	-34.06%	+23.09%
Max Drawdown (1Y) Largest decline over 1 year	-2.97%	-9.03%	+6.06%
Max Drawdown (3Y) Largest decline over 3 years	—	-18.00%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.23%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.06%	—
Current Drawdown Current decline from peak	0.00%	-0.16%	+0.16%
Average Drawdown Average peak-to-trough decline	-0.89%	-4.11%	+3.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.54%	1.98%	-1.44%

Volatility

GJUN vs. QUAL - Volatility Comparison

The current volatility for FT Cboe Vest U.S. Equity Moderate Buffer ETF - June (GJUN) is 0.35%, while iShares MSCI USA Quality Factor ETF (QUAL) has a volatility of 2.51%. This indicates that GJUN experiences smaller price fluctuations and is considered to be less risky than QUAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GJUN	QUAL	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.35%	2.51%	-2.16%
Volatility (6M) Calculated over the trailing 6-month period	3.31%	9.03%	-5.72%
Volatility (1Y) Calculated over the trailing 1-year period	4.92%	11.83%	-6.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.90%	17.33%	-9.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.90%	18.10%	-10.20%

GJUN vs. QUAL - Expense Ratio Comparison

GJUN has a 0.85% expense ratio, which is higher than QUAL's 0.15% expense ratio.

Dividends

GJUN vs. QUAL - Dividend Comparison

GJUN has not paid dividends to shareholders, while QUAL's dividend yield for the trailing twelve months is around 0.88%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GJUN FT Cboe Vest U.S. Equity Moderate Buffer ETF - June	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QUAL iShares MSCI USA Quality Factor ETF	0.88%	0.94%	1.02%	1.23%	1.59%	1.20%	1.39%	1.60%	2.00%	1.76%	1.96%	1.63%

Frequently Asked Questions

Can I hold both GJUN and QUAL in my portfolio?

GJUN and QUAL have a correlation of 0.87, 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 QUAL?

QUAL has higher volatility (2.51%) compared to GJUN (0.35%). In terms of maximum drawdown, GJUN dropped -10.97% vs QUAL's -34.06%.

Which ETF is better, GJUN or QUAL?

On 1-year performance, QUAL leads with 21.68% vs 12.00% for GJUN. On fees, QUAL is cheaper at 0.15% per year. On volatility, GJUN has been the lower-risk option at 0.35%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GJUN or QUAL?

Over the 1-year period, QUAL has performed better with a 21.68% return vs 12.00%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GJUN or QUAL?

QUAL is cheaper with a 0.15% expense ratio, compared with 0.85% for GJUN.

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

QUAL has the higher dividend yield at 0.88%, compared with 0.00% for GJUN.

What is the main difference between GJUN and QUAL?

GJUN is categorized as Options Trading, while QUAL is Large Cap Blend Equities. They also come from different issuers: FT Vest and iShares. Their fees differ too: 0.85% for GJUN and 0.15% for QUAL.

Which has better risk-adjusted returns?

GJUN currently has the higher Sharpe Ratio (2.46 vs 1.84), 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.