GSEP vs. GJUN

Last updated Jun 23, 2026

GSEP (FT Cboe Vest U.S. Equity Moderate Buffer ETF – September) and GJUN (FT Cboe Vest U.S. Equity Moderate Buffer ETF - June) are both Options Trading funds from FT Vest. Both are actively managed. Over the past year, GSEP returned 13.77% vs 11.44% for GJUN. Their correlation of 0.89 suggests significant overlap in exposure. Both charge a 0.85% expense ratio.

Performance

GSEP vs. GJUN - Performance Comparison

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

Returns By Period

In the year-to-date period, GSEP achieves a 5.49% return, which is significantly higher than GJUN's 3.84% return.

GSEP

• 1D: -0.01%
• 1M: 0.63%
• YTD: 5.49%
• 6M: 5.34%
• 1Y: 13.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GJUN

• 1D: -0.15%
• 1M: 0.27%
• YTD: 3.84%
• 6M: 3.94%
• 1Y: 11.44%
• 3Y*: 11.42%
• 5Y*: —
• 10Y*: —

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

GSEP vs. GJUN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
GSEP FT Cboe Vest U.S. Equity Moderate Buffer ETF – September	5.49%	10.56%	10.85%	4.70%
GJUN FT Cboe Vest U.S. Equity Moderate Buffer ETF - June	3.84%	10.00%	13.24%	5.03%

Correlation

The correlation between GSEP and GJUN 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 Sep 18, 2023	0.89

The correlation between GSEP and GJUN has been stable across timeframes, ranging from 0.87 to 0.89 - a consistent structural relationship.

Return for Risk

GSEP vs. GJUN — Risk / Return Rank

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

GSEP

GSEP Risk / Return Rank: 76
GSEP Sharpe Ratio Rank: 75
GSEP Sortino Ratio Rank: 78
GSEP Omega Ratio Rank: 82
GSEP Calmar Ratio Rank: 65
GSEP Martin Ratio Rank: 81

GJUN

GJUN Risk / Return Rank: 88
GJUN Sharpe Ratio Rank: 85
GJUN Sortino Ratio Rank: 91
GJUN Omega Ratio Rank: 92
GJUN Calmar Ratio Rank: 78
GJUN Martin Ratio Rank: 92

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.

GSEP vs. GJUN - Risk-Adjusted Trends Comparison

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

	GSEP	GJUN	Difference
Sharpe ratio: Return per unit of total volatility	2.30	2.64	-0.33
Sortino ratio: Return per unit of downside risk	3.29	4.17	-0.88
Omega ratio: Gain probability vs. loss probability	1.47	1.59	-0.12
Calmar ratio: Return relative to maximum drawdown	3.11	3.86	-0.75
Martin ratio: Return relative to average drawdown	15.68	22.20	-6.52

GSEP vs. GJUN - Sharpe Ratio Comparison

The current GSEP Sharpe Ratio is 2.30, which is comparable to the GJUN Sharpe Ratio of 2.64. The chart below compares the historical Sharpe Ratios of GSEP and GJUN, 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

GSEP vs. GJUN - Drawdown Comparison

The maximum GSEP drawdown since its inception was -10.09%, smaller than the maximum GJUN drawdown of -10.97%. Use the drawdown chart below to compare losses from any high point for GSEP and GJUN.

Drawdown Indicators

	GSEP	GJUN	Difference
Max Drawdown Largest peak-to-trough decline	-10.09%	-10.97%	+0.88%
Max Drawdown (1Y) Largest decline over 1 year	-4.44%	-2.97%	-1.47%
Max Drawdown (3Y) Largest decline over 3 years	—	-10.97%	—
Current Drawdown Current decline from peak	-0.09%	-0.15%	+0.06%
Average Drawdown Average peak-to-trough decline	-0.73%	-0.87%	+0.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.88%	0.52%	+0.36%

Volatility

GSEP vs. GJUN - Volatility Comparison

FT Cboe Vest U.S. Equity Moderate Buffer ETF – September (GSEP) has a higher volatility of 1.56% compared to FT Cboe Vest U.S. Equity Moderate Buffer ETF - June (GJUN) at 0.30%. This indicates that GSEP's price experiences larger fluctuations and is considered to be riskier than GJUN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GSEP	GJUN	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.56%	0.30%	+1.26%
Volatility (6M) Calculated over the trailing 6-month period	4.85%	3.28%	+1.57%
Volatility (1Y) Calculated over the trailing 1-year period	6.01%	4.36%	+1.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.57%	7.82%	-0.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.57%	7.82%	-0.25%

GSEP vs. GJUN - Expense Ratio Comparison

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

Dividends

GSEP vs. GJUN - Dividend Comparison

Neither GSEP nor GJUN has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GSEP and GJUN in my portfolio?

GSEP and GJUN 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, GSEP or GJUN?

GSEP has higher volatility (1.56%) compared to GJUN (0.30%). In terms of maximum drawdown, GSEP dropped -10.09% vs GJUN's -10.97%.

Which ETF is better, GSEP or GJUN?

On 1-year performance, GSEP leads with 13.77% vs 11.44% for GJUN. Both ETFs have the same 0.85% expense ratio. On volatility, GJUN has been the lower-risk option at 0.30%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GSEP or GJUN?

Over the 1-year period, GSEP has performed better with a 13.77% return vs 11.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GSEP or GJUN?

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

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

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

Which has better risk-adjusted returns?

GJUN currently has the higher Sharpe Ratio (2.64 vs 2.30), 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.