JULP vs. UXJL

Last updated Aug 1, 2026

JULP (PGIM S&P 500 Buffer 12 ETF - July) and UXJL (FT Vest U.S. Equity Uncapped Accelerator ETF - July) are both Defined Outcome funds. Both are actively managed. Over the past year, JULP returned 13.03% vs 21.89% for UXJL. Their correlation of 0.91 means they have usually moved in the same direction. JULP charges 0.50%/yr vs 0.85%/yr for UXJL.

Performance

JULP vs. UXJL - 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 - July (UXJL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JULP achieves a 6.29% return, which is significantly lower than UXJL's 10.27% return.

JULP

• 1D: 0.56%
• 1M: 0.51%
• 6M: 5.44%
• YTD: 6.29%
• 1Y: 13.03%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 12.86%

UXJL

• 1D: 0.93%
• 1M: 0.21%
• 6M: 8.78%
• YTD: 10.27%
• 1Y: 21.89%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.22%

*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)
JULP PGIM S&P 500 Buffer 12 ETF - July	$451.20K	$497.16K	$328.07K
UXJL FT Vest U.S. Equity Uncapped Accelerator ETF - July	$17.25K	$15.17K	$23.14K

JULP vs. UXJL - Yearly Performance Comparison

	2026 (YTD)	2025
JULP PGIM S&P 500 Buffer 12 ETF - July	6.29%	6.04%
UXJL FT Vest U.S. Equity Uncapped Accelerator ETF - July	10.27%	8.62%

Correlation

The correlation between JULP and UXJL is 0.91, 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.	0.91
Correlation (All Time) Calculated using the full available price history since Jul 21, 2025	0.91

The correlation between JULP and UXJL has been stable across timeframes, ranging from 0.91 to 0.91 - a consistent structural relationship.

Return for Risk

JULP vs. UXJL — Risk / Return Rank

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

JULP

JULP Risk / Return Rank: 80
JULP Sharpe Ratio Rank: 76
JULP Sortino Ratio Rank: 77
JULP Omega Ratio Rank: 83
JULP Calmar Ratio Rank: 76
JULP Martin Ratio Rank: 90

UXJL

UXJL Risk / Return Rank: 56
UXJL Sharpe Ratio Rank: 55
UXJL Sortino Ratio Rank: 54
UXJL Omega Ratio Rank: 53
UXJL Calmar Ratio Rank: 53
UXJL Martin Ratio Rank: 64

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.

JULP vs. UXJL - 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 - July (UXJL). 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.

	JULP	UXJL	Difference
Sharpe ratio: Return per unit of total volatility	1.74	1.35	+0.39
Sortino ratio: Return per unit of downside risk	2.52	1.90	+0.62
Omega ratio: Gain probability vs. loss probability	1.36	1.24	+0.12
Calmar ratio: Return relative to maximum drawdown	2.72	1.92	+0.80
Martin ratio: Return relative to average drawdown	14.52	7.73	+6.80

JULP vs. UXJL - Sharpe Ratio Comparison

The current JULP Sharpe Ratio is 1.74, which is comparable to the UXJL Sharpe Ratio of 1.35. The chart below compares the historical Sharpe Ratios of JULP and UXJL, 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

JULP vs. UXJL - Drawdown Comparison

The maximum JULP drawdown since its inception was -12.36%, which is greater than UXJL's maximum drawdown of -10.29%. Use the drawdown chart below to compare losses from any high point for JULP and UXJL.

Drawdown Indicators

	JULP	UXJL	Difference
Max Drawdown Largest peak-to-trough decline	-12.36%	-10.29%	-2.07%
Max Drawdown (1Y) Largest decline over 1 year	-4.47%	-10.29%	+5.82%
Current Drawdown Current decline from peak	-0.33%	-2.10%	+1.77%
Average Drawdown Average peak-to-trough decline	-1.03%	-1.67%	+0.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.84%	2.56%	-1.72%

Volatility

JULP vs. UXJL - Volatility Comparison

The current volatility for PGIM S&P 500 Buffer 12 ETF - July (JULP) is 2.16%, while FT Vest U.S. Equity Uncapped Accelerator ETF - July (UXJL) has a volatility of 3.98%. This indicates that JULP experiences smaller price fluctuations and is considered to be less risky than UXJL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JULP	UXJL	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.16%	3.98%	-1.82%
Volatility (6M) Calculated over the trailing 6-month period	5.85%	11.60%	-5.75%
Volatility (1Y) Calculated over the trailing 1-year period	6.99%	14.65%	-7.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.72%	14.47%	-4.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.72%	14.47%	-4.75%

JULP vs. UXJL - Expense Ratio Comparison

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

Dividends

JULP vs. UXJL - Dividend Comparison

Neither JULP nor UXJL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both JULP and UXJL in my portfolio?

With a correlation of 0.91, JULP and UXJL 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 UXJL?

UXJL has higher volatility (3.98%) compared to JULP (2.16%). In terms of maximum drawdown, JULP dropped -12.36% vs UXJL's -10.29%.

Which ETF is better, JULP or UXJL?

On 1-year performance, UXJL leads with 21.89% vs 13.03% for JULP. On fees, JULP is cheaper at 0.50% per year. On volatility, JULP has been the lower-risk option at 2.16%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JULP or UXJL?

Over the 1-year period, UXJL has performed better with a 21.89% return vs 13.03%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JULP or UXJL?

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

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

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

What is the main difference between JULP and UXJL?

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

Which has better risk-adjusted returns?

JULP currently has the higher Sharpe Ratio (1.74 vs 1.35), 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.