JULP vs. UXJA

Last updated Jun 4, 2026

JULP (PGIM S&P 500 Buffer 12 ETF - July) and UXJA (FT Vest U.S. Equity Uncapped Accelerator ETF - January) are both Defined Outcome funds. Both are actively managed. Over the past year, JULP returned 17.08% vs 29.61% for UXJA. Their correlation of 0.95 suggests significant overlap in exposure. JULP charges 0.50%/yr vs 0.85%/yr for UXJA.

Performance

JULP vs. UXJA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM S&P 500 Buffer 12 ETF - July (JULP) and FT Vest U.S. Equity Uncapped Accelerator ETF - January (UXJA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JULP achieves a 5.33% return, which is significantly lower than UXJA's 11.66% return.

JULP

• 1D: -0.02%
• 1M: 1.47%
• YTD: 5.33%
• 6M: 6.10%
• 1Y: 17.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —

UXJA

• 1D: -0.67%
• 1M: 5.79%
• YTD: 11.66%
• 6M: 11.51%
• 1Y: 29.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JULP vs. UXJA - Yearly Performance Comparison

	2026 (YTD)	2025
JULP PGIM S&P 500 Buffer 12 ETF - July	5.33%	11.61%
UXJA FT Vest U.S. Equity Uncapped Accelerator ETF - January	11.66%	13.93%

Correlation

The correlation between JULP and UXJA is 0.93, 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	0.93
Correlation (All Time) Calculated using the full available price history since Jan 22, 2025	0.95

The correlation between JULP and UXJA has been stable across timeframes, ranging from 0.93 to 0.95 - a consistent structural relationship.

Return for Risk

JULP vs. UXJA — Risk / Return Rank

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

JULP

JULP Risk / Return Rank: 84
JULP Sharpe Ratio Rank: 81
JULP Sortino Ratio Rank: 86
JULP Omega Ratio Rank: 87
JULP Calmar Ratio Rank: 77
JULP Martin Ratio Rank: 90

UXJA

UXJA Risk / Return Rank: 66
UXJA Sharpe Ratio Rank: 68
UXJA Sortino Ratio Rank: 65
UXJA Omega Ratio Rank: 65
UXJA Calmar Ratio Rank: 62
UXJA Martin Ratio Rank: 71

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.

JULP vs. UXJA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM S&P 500 Buffer 12 ETF - July (JULP) and FT Vest U.S. Equity Uncapped Accelerator ETF - January (UXJA). 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.

	JULP	UXJA	Difference
Sharpe ratio Return per unit of total volatility	2.59	2.20	+0.39
Sortino ratio Return per unit of downside risk	3.81	2.98	+0.83
Omega ratio Gain probability vs. loss probability	1.54	1.38	+0.15
Calmar ratio Return relative to maximum drawdown	3.84	3.03	+0.81
Martin ratio Return relative to average drawdown	20.97	13.05	+7.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JULP vs. UXJA - Sharpe Ratio Comparison

The current JULP Sharpe Ratio is 2.59, which is comparable to the UXJA Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of JULP and UXJA, 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

	JULP	UXJA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.59	2.20	+0.39
Sharpe Ratio (All Time) Calculated using the full available price history	1.38	1.04	+0.34

Drawdowns

JULP vs. UXJA - Drawdown Comparison

The maximum JULP drawdown since its inception was -12.36%, smaller than the maximum UXJA drawdown of -20.01%. Use the drawdown chart below to compare losses from any high point for JULP and UXJA.

Drawdown Indicators

	JULP	UXJA	Difference
Max Drawdown Largest peak-to-trough decline	-12.36%	-20.01%	+7.65%
Max Drawdown (1Y) Largest decline over 1 year	-4.47%	-9.83%	+5.36%
Current Drawdown Current decline from peak	-0.02%	-0.67%	+0.65%
Average Drawdown Average peak-to-trough decline	-1.09%	-2.97%	+1.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.82%	2.27%	-1.45%

Volatility

JULP vs. UXJA - Volatility Comparison

The current volatility for PGIM S&P 500 Buffer 12 ETF - July (JULP) is 1.06%, while FT Vest U.S. Equity Uncapped Accelerator ETF - January (UXJA) has a volatility of 3.40%. This indicates that JULP experiences smaller price fluctuations and is considered to be less risky than UXJA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JULP	UXJA	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.06%	3.40%	-2.34%
Volatility (6M) Calculated over the trailing 6-month period	4.87%	10.05%	-5.18%
Volatility (1Y) Calculated over the trailing 1-year period	6.65%	13.54%	-6.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.77%	18.59%	-8.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.77%	18.59%	-8.82%

JULP vs. UXJA - Expense Ratio Comparison

JULP has a 0.50% expense ratio, which is lower than UXJA's 0.85% expense ratio.

Dividends

JULP vs. UXJA - Dividend Comparison

Neither JULP nor UXJA has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both JULP and UXJA in my portfolio?

With a correlation of 0.93, JULP and UXJA move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, JULP or UXJA?

UXJA has higher volatility (3.40%) compared to JULP (1.06%). In terms of maximum drawdown, JULP dropped -12.36% vs UXJA's -20.01%.

Which ETF is better, JULP or UXJA?

On 1-year performance, UXJA leads with 29.61% vs 17.08% for JULP. On fees, JULP is cheaper at 0.50% per year. On volatility, JULP has been the lower-risk option at 1.06%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JULP or UXJA?

Over the 1-year period, UXJA has performed better with a 29.61% return vs 17.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JULP or UXJA?

JULP is cheaper with a 0.50% expense ratio, compared with 0.85% for UXJA.

Which ETF pays a higher dividend yield, JULP or UXJA?

JULP and UXJA have nearly identical dividend yields, around 0.00%.

What is the main difference between JULP and UXJA?

They also come from different issuers: PGIM and First Trust. Their fees differ too: 0.50% for JULP and 0.85% for UXJA.

Which has better risk-adjusted returns?

JULP currently has the higher Sharpe Ratio (2.59 vs 2.20), 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.