JULP vs. UXJL

Last updated Jun 4, 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. Their correlation of 0.93 suggests significant overlap in exposure. 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 5.33% return, which is significantly lower than UXJL's 11.78% return.

JULP

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

UXJL

• 1D: -0.76%
• 1M: 6.02%
• YTD: 11.78%
• 6M: 11.50%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JULP vs. UXJL - Yearly Performance Comparison

	2026 (YTD)	2025
JULP PGIM S&P 500 Buffer 12 ETF - July	5.33%	5.90%
UXJL FT Vest U.S. Equity Uncapped Accelerator ETF - July	11.78%	9.31%

Correlation

The correlation between JULP and UXJL 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 (All Time) Calculated using the full available price history since Jul 22, 2025	0.93

Return for Risk

JULP vs. UXJL — 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

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. 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.

	JULP	UXJL	Difference
Sharpe ratio Return per unit of total volatility	2.59	—	—
Sortino ratio Return per unit of downside risk	3.81	—	—
Omega ratio Gain probability vs. loss probability	1.54	—	—
Calmar ratio Return relative to maximum drawdown	3.84	—	—
Martin ratio Return relative to average drawdown	20.97	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	JULP	UXJL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.59	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.38	1.87	-0.48

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%	—	—
Current Drawdown Current decline from peak	-0.02%	-0.76%	+0.74%
Average Drawdown Average peak-to-trough decline	-1.09%	-1.51%	+0.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.82%	—	—

Volatility

Volatility by Period

	JULP	UXJL	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.06%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.87%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	6.65%	13.90%	-7.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.77%	13.90%	-4.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.77%	13.90%	-4.13%

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 0.93, 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 ETF is better, JULP or UXJL?

On fees, JULP is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

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.