OBOR vs. TJUN

Last updated Jun 4, 2026

OBOR (KraneShares MSCI One Belt One Road Index ETF) and TJUN (FT Vest Emerging Markets Buffer ETF - June) are both exchange-traded funds - OBOR is a Emerging Markets Equities fund tracking the MSCI Global China Infrastructure Exposure, while TJUN is a Defined Outcome fund managed by First Trust. At a 0.50 correlation, their price movements are largely independent. OBOR charges 0.79%/yr vs 0.95%/yr for TJUN.

Performance

OBOR vs. TJUN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares MSCI One Belt One Road Index ETF (OBOR) 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, OBOR achieves a 3.11% return, which is significantly lower than TJUN's 5.26% return.

OBOR

• 1D: -1.11%
• 1M: -0.75%
• YTD: 3.11%
• 6M: 6.70%
• 1Y: 23.10%
• 3Y*: 11.59%
• 5Y*: 0.84%
• 10Y*: —

TJUN

• 1D: -0.00%
• 1M: 0.66%
• YTD: 5.26%
• 6M: 6.91%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OBOR vs. TJUN - Yearly Performance Comparison

	2026 (YTD)	2025
OBOR KraneShares MSCI One Belt One Road Index ETF	3.11%	16.57%
TJUN FT Vest Emerging Markets Buffer ETF - June	5.26%	11.69%

Correlation

The correlation between OBOR and TJUN is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 24, 2025	0.50

Return for Risk

OBOR vs. TJUN — Risk / Return Rank

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

OBOR

OBOR Risk / Return Rank: 40
OBOR Sharpe Ratio Rank: 41
OBOR Sortino Ratio Rank: 38
OBOR Omega Ratio Rank: 41
OBOR Calmar Ratio Rank: 45
OBOR Martin Ratio Rank: 36

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.

OBOR vs. TJUN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares MSCI One Belt One Road Index ETF (OBOR) 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.

	OBOR	TJUN	Difference
Sharpe ratio: Return per unit of total volatility	1.44	—	—
Sortino ratio: Return per unit of downside risk	1.96	—	—
Omega ratio: Gain probability vs. loss probability	1.26	—	—
Calmar ratio: Return relative to maximum drawdown	2.22	—	—
Martin ratio: Return relative to average drawdown	5.62	—	—
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

	OBOR	TJUN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.44	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.05	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	2.48	-2.28

Drawdowns

OBOR vs. TJUN - Drawdown Comparison

The maximum OBOR drawdown since its inception was -41.54%, which is greater than TJUN's maximum drawdown of -4.47%. Use the drawdown chart below to compare losses from any high point for OBOR and TJUN.

Drawdown Indicators

	OBOR	TJUN	Difference
Max Drawdown Largest peak-to-trough decline	-41.54%	-4.47%	-37.07%
Max Drawdown (1Y) Largest decline over 1 year	-10.47%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.06%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-34.00%	—	—
Current Drawdown Current decline from peak	-9.03%	-0.00%	-9.03%
Average Drawdown Average peak-to-trough decline	-15.97%	-0.60%	-15.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.12%	—	—

Volatility

Volatility by Period

	OBOR	TJUN	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.38%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.84%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.10%	7.54%	+8.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.05%	7.54%	+8.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.52%	7.54%	+10.98%

OBOR vs. TJUN - Expense Ratio Comparison

OBOR has a 0.79% expense ratio, which is lower than TJUN's 0.95% expense ratio.

Dividends

OBOR vs. TJUN - Dividend Comparison

OBOR's dividend yield for the trailing twelve months is around 1.88%, while TJUN has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
OBOR KraneShares MSCI One Belt One Road Index ETF	1.88%	1.94%	3.87%	3.40%	4.75%	3.26%	2.04%	4.33%	0.02%	0.10%
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%

Frequently Asked Questions

Can I hold both OBOR and TJUN in my portfolio?

OBOR and TJUN have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, OBOR or TJUN?

On fees, OBOR is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, OBOR or TJUN?

OBOR is cheaper with a 0.79% expense ratio, compared with 0.95% for TJUN.

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

OBOR has the higher dividend yield at 1.88%, compared with 0.00% for TJUN.

What is the main difference between OBOR and TJUN?

OBOR is categorized as Emerging Markets Equities, while TJUN is Defined Outcome. They also come from different issuers: CICC and First Trust. Their fees differ too: 0.79% for OBOR and 0.95% for TJUN.