KSA vs. TJUN

Last updated Jul 14, 2026

KSA (iShares MSCI Saudi Arabia ETF) and TJUN (FT Vest Emerging Markets Buffer ETF - June) are both exchange-traded funds - KSA is a Emerging Markets Equities fund tracking the MSCI Saudi Arabia Investable Market Index (IMI) 25/50 Index, while TJUN is a Defined Outcome fund managed by First Trust. Over the past year, KSA returned -1.95% vs 7.83% for TJUN. At a 0.31 correlation, their price movements are largely independent. KSA charges 0.74%/yr vs 0.95%/yr for TJUN.

Performance

KSA vs. TJUN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Saudi Arabia ETF (KSA) and FT Vest Emerging Markets Buffer ETF - June (TJUN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KSA achieves a 3.48% return, which is significantly higher than TJUN's -1.35% return.

KSA

• 1D: -0.38%
• 1M: -4.32%
• 6M: -0.38%
• YTD: 3.48%
• 1Y: -1.95%
• 3Y*: -1.39%
• 5Y*: 1.62%
• 10Y*: 7.27%

TJUN

• 1D: -2.64%
• 1M: -6.38%
• 6M: -3.19%
• YTD: -1.35%
• 1Y: 7.83%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KSA vs. TJUN - Yearly Performance Comparison

	2026 (YTD)	2025
KSA iShares MSCI Saudi Arabia ETF	3.48%	0.79%
TJUN FT Vest Emerging Markets Buffer ETF - June	-1.35%	11.79%

Correlation

The correlation between KSA and TJUN is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (All Time) Calculated using the full available price history since Jun 23, 2025	0.31

Return for Risk

KSA vs. TJUN — Risk / Return Rank

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

KSA

KSA Risk / Return Rank: 8
KSA Sharpe Ratio Rank: 8
KSA Sortino Ratio Rank: 7
KSA Omega Ratio Rank: 7
KSA Calmar Ratio Rank: 8
KSA Martin Ratio Rank: 7

TJUN

TJUN Risk / Return Rank: 31
TJUN Sharpe Ratio Rank: 28
TJUN Sortino Ratio Rank: 24
TJUN Omega Ratio Rank: 33
TJUN Calmar Ratio Rank: 29
TJUN Martin Ratio Rank: 42

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.

KSA vs. TJUN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Saudi Arabia ETF (KSA) and FT Vest Emerging Markets Buffer ETF - June (TJUN). 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.

	KSA	TJUN	Difference
Sharpe ratio: Return per unit of total volatility	-0.12	0.82	-0.94
Sortino ratio: Return per unit of downside risk	-0.06	1.10	-1.16
Omega ratio: Gain probability vs. loss probability	0.99	1.19	-0.19
Calmar ratio: Return relative to maximum drawdown	-0.17	1.17	-1.34
Martin ratio: Return relative to average drawdown	-0.37	5.41	-5.78

KSA vs. TJUN - Sharpe Ratio Comparison

The current KSA Sharpe Ratio is -0.12, which is lower than the TJUN Sharpe Ratio of 0.82. The chart below compares the historical Sharpe Ratios of KSA and TJUN, 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

KSA vs. TJUN - Drawdown Comparison

The maximum KSA drawdown since its inception was -40.56%, which is greater than TJUN's maximum drawdown of -6.72%. Use the drawdown chart below to compare losses from any high point for KSA and TJUN.

Drawdown Indicators

	KSA	TJUN	Difference
Max Drawdown Largest peak-to-trough decline	-40.56%	-6.72%	-33.84%
Max Drawdown (1Y) Largest decline over 1 year	-11.62%	-6.72%	-4.90%
Max Drawdown (3Y) Largest decline over 3 years	-15.56%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-28.08%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-40.56%	—	—
Current Drawdown Current decline from peak	-17.87%	-6.72%	-11.15%
Average Drawdown Average peak-to-trough decline	-11.48%	-0.76%	-10.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.40%	1.45%	+3.95%

Volatility

KSA vs. TJUN - Volatility Comparison

The current volatility for iShares MSCI Saudi Arabia ETF (KSA) is 3.20%, while FT Vest Emerging Markets Buffer ETF - June (TJUN) has a volatility of 6.47%. This indicates that KSA experiences smaller price fluctuations and is considered to be less risky than TJUN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KSA	TJUN	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.20%	6.47%	-3.27%
Volatility (6M) Calculated over the trailing 6-month period	11.90%	8.09%	+3.81%
Volatility (1Y) Calculated over the trailing 1-year period	16.43%	9.57%	+6.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.96%	9.53%	+6.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.99%	9.53%	+10.46%

KSA vs. TJUN - Expense Ratio Comparison

KSA has a 0.74% expense ratio, which is lower than TJUN's 0.95% expense ratio.

Dividends

KSA vs. TJUN - Dividend Comparison

KSA's dividend yield for the trailing twelve months is around 2.78%, while TJUN has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KSA iShares MSCI Saudi Arabia ETF	2.78%	2.95%	3.44%	2.44%	1.93%	1.58%	1.76%	2.15%	2.51%	2.30%	3.05%	0.04%
TJUN FT Vest Emerging Markets 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%

Frequently Asked Questions

Can I hold both KSA and TJUN in my portfolio?

KSA and TJUN have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KSA or TJUN?

TJUN has higher volatility (6.47%) compared to KSA (3.20%). In terms of maximum drawdown, KSA dropped -40.56% vs TJUN's -6.72%.

Which ETF is better, KSA or TJUN?

On 1-year performance, TJUN leads with 7.83% vs -1.95% for KSA. On fees, KSA is cheaper at 0.74% per year. On volatility, KSA has been the lower-risk option at 3.20%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, KSA or TJUN?

Over the 1-year period, TJUN has performed better with a 7.83% return vs -1.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, KSA or TJUN?

KSA is cheaper with a 0.74% expense ratio, compared with 0.95% for TJUN.

Which ETF pays a higher dividend yield, KSA or TJUN?

KSA has the higher dividend yield at 2.78%, compared with 0.00% for TJUN.

What is the main difference between KSA and TJUN?

KSA is categorized as Emerging Markets Equities, while TJUN is Defined Outcome. They also come from different issuers: iShares and First Trust. Their fees differ too: 0.74% for KSA and 0.95% for TJUN.

Which has better risk-adjusted returns?

TJUN currently has the higher Sharpe Ratio (0.82 vs -0.12), 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.