IWB vs. DJUN
IWB (iShares Russell 1000 ETF) and DJUN (FT Cboe Vest U.S. Equity Deep Buffer ETF - June) are both Large Cap Blend Equities funds - IWB tracks the Russell 1000 Index while DJUN tracks the Cboe S&P 500 30% (-5% to -35%) Buffer Protect June Series Index. Both are passively managed. Over the past 5 years, IWB returned 12.99%/yr vs 8.19%/yr for DJUN. Their correlation of 0.92 suggests significant overlap in exposure. IWB charges 0.15%/yr vs 0.85%/yr for DJUN.
Performance
IWB vs. DJUN - Performance Comparison
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Returns By Period
In the year-to-date period, IWB achieves a 10.54% return, which is significantly higher than DJUN's 3.78% return.
IWB
- 1D
- -0.71%
- 1M
- 4.95%
- YTD
- 10.54%
- 6M
- 10.51%
- 1Y
- 27.03%
- 3Y*
- 22.02%
- 5Y*
- 12.99%
- 10Y*
- 15.17%
DJUN
- 1D
- 0.01%
- 1M
- 0.88%
- YTD
- 3.78%
- 6M
- 4.53%
- 1Y
- 10.92%
- 3Y*
- 11.40%
- 5Y*
- 8.19%
- 10Y*
- —
IWB vs. DJUN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
IWB iShares Russell 1000 ETF | 10.54% | 17.18% | 24.32% | 26.39% | -19.19% | 26.32% | 23.56% |
DJUN FT Cboe Vest U.S. Equity Deep Buffer ETF - June | 3.78% | 9.38% | 13.92% | 17.58% | -6.30% | 6.27% | 6.48% |
Correlation
The correlation between IWB and DJUN is 0.89, 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 | 0.89 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Jun 23, 2020 | 0.92 |
The correlation between IWB and DJUN has been stable across timeframes, ranging from 0.89 to 0.94 - a consistent structural relationship.
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Return for Risk
IWB vs. DJUN — Risk / Return Rank
IWB
DJUN
IWB vs. DJUN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell 1000 ETF (IWB) and FT Cboe Vest U.S. Equity Deep Buffer ETF - June (DJUN). 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.
| IWB | DJUN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | -0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.50 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.06 | 3.51 | -0.44 |
| Martin ratioReturn relative to average drawdown | 14.09 | 20.66 | -6.56 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IWB | DJUN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.28 | 2.22 | +0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.76 | 0.97 | -0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.84 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 1.04 | -0.59 |
Drawdowns
IWB vs. DJUN - Drawdown Comparison
The maximum IWB drawdown since its inception was -55.38%, which is greater than DJUN's maximum drawdown of -11.96%. Use the drawdown chart below to compare losses from any high point for IWB and DJUN.
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Drawdown Indicators
| IWB | DJUN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.38% | -11.96% | -43.42% |
Max Drawdown (1Y)Largest decline over 1 year | -8.86% | -3.15% | -5.71% |
Max Drawdown (3Y)Largest decline over 3 years | -19.09% | -11.96% | -7.13% |
Max Drawdown (5Y)Largest decline over 5 years | -25.20% | -11.96% | -13.24% |
Max Drawdown (10Y)Largest decline over 10 years | -34.60% | — | — |
Current DrawdownCurrent decline from peak | -0.71% | 0.00% | -0.71% |
Average DrawdownAverage peak-to-trough decline | -10.86% | -1.59% | -9.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.92% | 0.53% | +1.39% |
Volatility
IWB vs. DJUN - Volatility Comparison
iShares Russell 1000 ETF (IWB) has a higher volatility of 2.88% compared to FT Cboe Vest U.S. Equity Deep Buffer ETF - June (DJUN) at 0.25%. This indicates that IWB's price experiences larger fluctuations and is considered to be riskier than DJUN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IWB | DJUN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.88% | 0.25% | +2.63% |
Volatility (6M)Calculated over the trailing 6-month period | 8.97% | 3.55% | +5.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.93% | 5.04% | +6.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.10% | 8.52% | +8.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.14% | 8.06% | +10.08% |
IWB vs. DJUN - Expense Ratio Comparison
IWB has a 0.15% expense ratio, which is lower than DJUN's 0.85% expense ratio.
Dividends
IWB vs. DJUN - Dividend Comparison
IWB's dividend yield for the trailing twelve months is around 0.91%, while DJUN has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DJUN FT Cboe Vest U.S. Equity Deep 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% |
IWB iShares Russell 1000 ETF | 0.91% | 1.00% | 1.14% | 1.31% | 1.56% | 1.09% | 1.37% | 1.71% | 2.06% | 1.64% | 1.89% | 1.95% |
Frequently Asked Questions
IWB and DJUN 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.
IWB has higher volatility (2.88%) compared to DJUN (0.25%). In terms of maximum drawdown, IWB dropped -55.38% vs DJUN's -11.96%.
On 5-year performance, IWB leads with 12.99% vs 8.19% for DJUN. On fees, IWB is cheaper at 0.15% per year. On volatility, DJUN has been the lower-risk option at 0.25%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, IWB has performed better with a 12.99% return vs 8.19%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IWB is cheaper with a 0.15% expense ratio, compared with 0.85% for DJUN.
IWB has the higher dividend yield at 0.91%, compared with 0.00% for DJUN.
IWB tracks Russell 1000 Index, while DJUN tracks Cboe S&P 500 30% (-5% to -35%) Buffer Protect June Series Index. They also come from different issuers: iShares and First Trust. Their fees differ too: 0.15% for IWB and 0.85% for DJUN.
IWB currently has the higher Sharpe Ratio (2.28 vs 2.22), 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.
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