POWA vs. DJUN
POWA (Invesco Bloomberg Pricing Power ETF) and DJUN (FT Cboe Vest U.S. Equity Deep Buffer ETF - June) are both Large Cap Blend Equities funds - POWA tracks the Bloomberg Pricing Power Index while DJUN tracks the Cboe S&P 500 30% (-5% to -35%) Buffer Protect June Series Index. Both are passively managed. Over the past 5 years, POWA returned 7.41%/yr vs 8.19%/yr for DJUN. A 0.77 correlation means they provide meaningful diversification when combined. POWA charges 0.40%/yr vs 0.85%/yr for DJUN.
Performance
POWA vs. DJUN - Performance Comparison
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Returns By Period
In the year-to-date period, POWA achieves a -2.29% return, which is significantly lower than DJUN's 3.78% return.
POWA
- 1D
- 0.04%
- 1M
- 0.44%
- YTD
- -2.29%
- 6M
- -2.55%
- 1Y
- 4.21%
- 3Y*
- 10.86%
- 5Y*
- 7.41%
- 10Y*
- 10.28%
DJUN
- 1D
- 0.01%
- 1M
- 0.88%
- YTD
- 3.78%
- 6M
- 4.53%
- 1Y
- 10.92%
- 3Y*
- 11.40%
- 5Y*
- 8.19%
- 10Y*
- —
POWA vs. DJUN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
POWA Invesco Bloomberg Pricing Power ETF | -2.29% | 11.71% | 13.18% | 10.58% | -7.67% | 24.93% | 16.27% |
DJUN FT Cboe Vest U.S. Equity Deep Buffer ETF - June | 3.78% | 9.38% | 13.92% | 17.58% | -6.30% | 6.27% | 6.48% |
Correlation
The correlation between POWA and DJUN is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.73 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Jun 23, 2020 | 0.77 |
The correlation between POWA and DJUN shifts across timeframes, from 0.66 (1 year) to 0.78 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
POWA vs. DJUN — Risk / Return Rank
POWA
DJUN
POWA vs. DJUN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Bloomberg Pricing Power ETF (POWA) and FT Cboe Vest U.S. Equity Deep Buffer ETF - June (DJUN). 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.
| POWA | DJUN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.86 | ||
| Sortino ratioReturn per unit of downside risk | -2.73 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.50 | -0.44 |
| Calmar ratioReturn relative to maximum drawdown | 0.43 | 3.51 | -3.07 |
| Martin ratioReturn relative to average drawdown | 1.18 | 20.66 | -19.48 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| POWA | DJUN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.36 | 2.22 | -1.86 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 0.97 | -0.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 1.04 | -0.50 |
Drawdowns
POWA vs. DJUN - Drawdown Comparison
The maximum POWA drawdown since its inception was -47.91%, which is greater than DJUN's maximum drawdown of -11.96%. Use the drawdown chart below to compare losses from any high point for POWA and DJUN.
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Drawdown Indicators
| POWA | DJUN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.91% | -11.96% | -35.95% |
Max Drawdown (1Y)Largest decline over 1 year | -9.76% | -3.15% | -6.61% |
Max Drawdown (3Y)Largest decline over 3 years | -15.00% | -11.96% | -3.04% |
Max Drawdown (5Y)Largest decline over 5 years | -17.75% | -11.96% | -5.79% |
Max Drawdown (10Y)Largest decline over 10 years | -36.53% | — | — |
Current DrawdownCurrent decline from peak | -6.44% | 0.00% | -6.44% |
Average DrawdownAverage peak-to-trough decline | -6.24% | -1.59% | -4.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.59% | 0.53% | +3.06% |
Volatility
POWA vs. DJUN - Volatility Comparison
Invesco Bloomberg Pricing Power ETF (POWA) has a higher volatility of 3.12% compared to FT Cboe Vest U.S. Equity Deep Buffer ETF - June (DJUN) at 0.25%. This indicates that POWA's price experiences larger fluctuations and is considered to be riskier than DJUN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| POWA | DJUN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.12% | 0.25% | +2.87% |
Volatility (6M)Calculated over the trailing 6-month period | 8.80% | 3.55% | +5.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.73% | 5.04% | +6.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.92% | 8.52% | +5.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.05% | 8.06% | +7.99% |
POWA vs. DJUN - Expense Ratio Comparison
POWA has a 0.40% expense ratio, which is lower than DJUN's 0.85% expense ratio.
Dividends
POWA vs. DJUN - Dividend Comparison
POWA's dividend yield for the trailing twelve months is around 0.96%, while DJUN has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DJUN FT Cboe Vest U.S. Equity Deep 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% |
POWA Invesco Bloomberg Pricing Power ETF | 0.96% | 0.94% | 0.79% | 1.60% | 1.48% | 1.06% | 1.34% | 1.16% | 1.39% | 1.63% | 2.18% | 3.31% |
Frequently Asked Questions
POWA and DJUN have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
POWA has higher volatility (3.12%) compared to DJUN (0.25%). In terms of maximum drawdown, POWA dropped -47.91% vs DJUN's -11.96%.
On 5-year performance, DJUN leads with 8.19% vs 7.41% for POWA. On fees, POWA is cheaper at 0.40% per year. On volatility, DJUN has been the lower-risk option at 0.25%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, DJUN has performed better with a 8.19% return vs 7.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
POWA is cheaper with a 0.40% expense ratio, compared with 0.85% for DJUN.
POWA has the higher dividend yield at 0.96%, compared with 0.00% for DJUN.
POWA tracks Bloomberg Pricing Power Index, while DJUN tracks Cboe S&P 500 30% (-5% to -35%) Buffer Protect June Series Index. They also come from different issuers: Invesco and First Trust. Their fees differ too: 0.40% for POWA and 0.85% for DJUN.
DJUN currently has the higher Sharpe Ratio (2.22 vs 0.36), 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.
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