PVEX vs. DJUN

Last updated Jun 24, 2026

PVEX (TrueShares ConVequity ETF) and DJUN (FT Cboe Vest U.S. Equity Deep Buffer ETF - June) are both Large Cap Blend Equities funds. Their correlation of 0.82 suggests significant overlap in exposure. PVEX charges 0.82%/yr vs 0.85%/yr for DJUN.

Performance

PVEX vs. DJUN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TrueShares ConVequity ETF (PVEX) and FT Cboe Vest U.S. Equity Deep Buffer ETF - June (DJUN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PVEX achieves a 7.08% return, which is significantly higher than DJUN's 3.29% return.

PVEX

• 1D: -0.28%
• 1M: -0.96%
• YTD: 7.08%
• 6M: 6.55%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DJUN

• 1D: -0.59%
• 1M: -0.24%
• YTD: 3.29%
• 6M: 3.23%
• 1Y: 10.33%
• 3Y*: 11.14%
• 5Y*: 7.86%
• 10Y*: —

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

PVEX vs. DJUN - Yearly Performance Comparison

	2026 (YTD)	2025
PVEX TrueShares ConVequity ETF	7.08%	13.68%
DJUN FT Cboe Vest U.S. Equity Deep Buffer ETF - June	3.29%	5.51%

Correlation

The correlation between PVEX and DJUN is 0.82, 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 Jun 30, 2025	0.82

Return for Risk

PVEX vs. DJUN — Risk / Return Rank

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

PVEX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

DJUN

DJUN Risk / Return Rank: 83
DJUN Sharpe Ratio Rank: 79
DJUN Sortino Ratio Rank: 86
DJUN Omega Ratio Rank: 90
DJUN Calmar Ratio Rank: 71
DJUN Martin Ratio Rank: 92

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.

PVEX vs. DJUN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TrueShares ConVequity ETF (PVEX) 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.

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.

	PVEX	DJUN	Difference
Sharpe ratio: Return per unit of total volatility	—	2.32	—
Sortino ratio: Return per unit of downside risk	—	3.54	—
Omega ratio: Gain probability vs. loss probability	—	1.53	—
Calmar ratio: Return relative to maximum drawdown	—	3.32	—
Martin ratio: Return relative to average drawdown	—	20.38	—

Drawdowns

PVEX vs. DJUN - Drawdown Comparison

The maximum PVEX drawdown since its inception was -7.63%, smaller than the maximum DJUN drawdown of -11.96%. Use the drawdown chart below to compare losses from any high point for PVEX and DJUN.

Drawdown Indicators

	PVEX	DJUN	Difference
Max Drawdown Largest peak-to-trough decline	-7.63%	-11.96%	+4.33%
Max Drawdown (1Y) Largest decline over 1 year	—	-3.15%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-11.96%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-11.96%	—
Current Drawdown Current decline from peak	-3.17%	-0.71%	-2.46%
Average Drawdown Average peak-to-trough decline	-1.95%	-1.58%	-0.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.51%	—

Volatility

Volatility by Period

	PVEX	DJUN	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.67%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.59%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.27%	4.51%	+10.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.27%	8.52%	+6.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.27%	8.03%	+7.24%

PVEX vs. DJUN - Expense Ratio Comparison

PVEX has a 0.82% expense ratio, which is lower than DJUN's 0.85% expense ratio.

Dividends

PVEX vs. DJUN - Dividend Comparison

PVEX's dividend yield for the trailing twelve months is around 0.18%, while DJUN has not paid dividends to shareholders.

Position	TTM	2025
DJUN FT Cboe Vest U.S. Equity Deep Buffer ETF - June	0.00%	0.00%
PVEX TrueShares ConVequity ETF	0.18%	0.19%

Frequently Asked Questions

Can I hold both PVEX and DJUN in my portfolio?

PVEX and DJUN have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PVEX or DJUN?

On fees, PVEX is cheaper at 0.82% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PVEX or DJUN?

PVEX is cheaper with a 0.82% expense ratio, compared with 0.85% for DJUN.

Which ETF pays a higher dividend yield, PVEX or DJUN?

PVEX has the higher dividend yield at 0.18%, compared with 0.00% for DJUN.

What is the main difference between PVEX and DJUN?

They also come from different issuers: TrueShares and First Trust. Their fees differ too: 0.82% for PVEX and 0.85% for DJUN.