JUNM vs. IGLD

Last updated Jun 6, 2026

JUNM (FT Vest U.S. Equity Max Buffer ETF - June) and IGLD (FT Cboe Vest Gold Strategy Target Income ETF) are both exchange-traded funds - JUNM is a Defined Outcome fund actively managed by First Trust, while IGLD is a Precious Metals fund actively managed by First Trust. Both are actively managed. Over the past year, JUNM returned 7.59% vs 21.53% for IGLD. At a 0.07 correlation, their price movements are largely independent. Both charge a 0.85% expense ratio.

Performance

JUNM vs. IGLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest U.S. Equity Max Buffer ETF - June (JUNM) and FT Cboe Vest Gold Strategy Target Income ETF (IGLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JUNM achieves a 2.24% return, which is significantly higher than IGLD's -0.86% return.

JUNM

• 1D: 0.01%
• 1M: 0.34%
• YTD: 2.24%
• 6M: 2.68%
• 1Y: 7.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IGLD

• 1D: -3.30%
• 1M: -7.06%
• YTD: -0.86%
• 6M: 1.78%
• 1Y: 21.53%
• 3Y*: 21.64%
• 5Y*: 12.45%
• 10Y*: —

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

JUNM vs. IGLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
JUNM FT Vest U.S. Equity Max Buffer ETF - June	2.24%	7.85%	4.02%
IGLD FT Cboe Vest Gold Strategy Target Income ETF	-0.86%	47.46%	9.60%

Correlation

The correlation between JUNM and IGLD is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.13
Correlation (All Time) Calculated using the full available price history since Jun 25, 2024	0.07

Return for Risk

JUNM vs. IGLD — Risk / Return Rank

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

JUNM

JUNM Risk / Return Rank: 96
JUNM Sharpe Ratio Rank: 95
JUNM Sortino Ratio Rank: 98
JUNM Omega Ratio Rank: 97
JUNM Calmar Ratio Rank: 94
JUNM Martin Ratio Rank: 97

IGLD

IGLD Risk / Return Rank: 26
IGLD Sharpe Ratio Rank: 26
IGLD Sortino Ratio Rank: 24
IGLD Omega Ratio Rank: 30
IGLD Calmar Ratio Rank: 26
IGLD Martin Ratio Rank: 25

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.

JUNM vs. IGLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest U.S. Equity Max Buffer ETF - June (JUNM) and FT Cboe Vest Gold Strategy Target Income ETF (IGLD). 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.

	JUNM	IGLD	Difference
Sharpe ratio: Return per unit of total volatility	3.70	0.92	+2.78
Sortino ratio: Return per unit of downside risk	6.49	1.30	+5.18
Omega ratio: Gain probability vs. loss probability	1.93	1.19	+0.74
Calmar ratio: Return relative to maximum drawdown	6.93	1.23	+5.70
Martin ratio: Return relative to average drawdown	42.94	3.28	+39.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JUNM vs. IGLD - Sharpe Ratio Comparison

The current JUNM Sharpe Ratio is 3.70, which is higher than the IGLD Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of JUNM and IGLD, 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

	JUNM	IGLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.70	0.92	+2.78
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.82	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.69	0.90	+0.80

Drawdowns

JUNM vs. IGLD - Drawdown Comparison

The maximum JUNM drawdown since its inception was -5.42%, smaller than the maximum IGLD drawdown of -18.59%. Use the drawdown chart below to compare losses from any high point for JUNM and IGLD.

Drawdown Indicators

	JUNM	IGLD	Difference
Max Drawdown Largest peak-to-trough decline	-5.42%	-18.59%	+13.17%
Max Drawdown (1Y) Largest decline over 1 year	-1.10%	-17.56%	+16.46%
Max Drawdown (3Y) Largest decline over 3 years	—	-17.56%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.59%	—
Current Drawdown Current decline from peak	0.00%	-17.28%	+17.28%
Average Drawdown Average peak-to-trough decline	-0.40%	-5.26%	+4.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.18%	6.58%	-6.40%

Volatility

JUNM vs. IGLD - Volatility Comparison

The current volatility for FT Vest U.S. Equity Max Buffer ETF - June (JUNM) is 0.16%, while FT Cboe Vest Gold Strategy Target Income ETF (IGLD) has a volatility of 5.15%. This indicates that JUNM experiences smaller price fluctuations and is considered to be less risky than IGLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JUNM	IGLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.16%	5.15%	-4.99%
Volatility (6M) Calculated over the trailing 6-month period	1.40%	21.28%	-19.88%
Volatility (1Y) Calculated over the trailing 1-year period	2.08%	23.49%	-21.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.34%	15.24%	-10.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.34%	15.06%	-10.72%

JUNM vs. IGLD - Expense Ratio Comparison

Both JUNM and IGLD have an expense ratio of 0.85%.

Dividends

JUNM vs. IGLD - Dividend Comparison

JUNM has not paid dividends to shareholders, while IGLD's dividend yield for the trailing twelve months is around 18.38%.

Position	TTM	2025	2024	2023	2022	2021
IGLD FT Cboe Vest Gold Strategy Target Income ETF	18.38%	9.91%	20.81%	7.85%	4.45%	2.24%
JUNM FT Vest U.S. Equity Max Buffer ETF - June	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JUNM and IGLD in my portfolio?

JUNM and IGLD have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JUNM or IGLD?

IGLD has higher volatility (5.15%) compared to JUNM (0.16%). In terms of maximum drawdown, JUNM dropped -5.42% vs IGLD's -18.59%.

Which ETF is better, JUNM or IGLD?

On 1-year performance, IGLD leads with 21.53% vs 7.59% for JUNM. Both ETFs have the same 0.85% expense ratio. On volatility, JUNM has been the lower-risk option at 0.16%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JUNM or IGLD?

Over the 1-year period, IGLD has performed better with a 21.53% return vs 7.59%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JUNM or IGLD?

JUNM and IGLD have the same expense ratio: 0.85% per year.

Which ETF pays a higher dividend yield, JUNM or IGLD?

IGLD has the higher dividend yield at 18.38%, compared with 0.00% for JUNM.

What is the main difference between JUNM and IGLD?

JUNM is categorized as Defined Outcome, while IGLD is Precious Metals.

Which has better risk-adjusted returns?

JUNM currently has the higher Sharpe Ratio (3.70 vs 0.92), 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.