QJUN vs. DBE
QJUN (FT Cboe Vest Nasdaq-100 Buffer ETF - June) and DBE (Invesco DB Energy Fund) are both exchange-traded funds - QJUN is a Nasdaq-100 fund actively managed by First Trust, while DBE is a Oil & Gas fund tracking the DBIQ Optimum Yield Energy Index. QJUN is actively managed, while DBE is passively managed. Over the past 3 years, QJUN returned 15.46%/yr vs 22.41%/yr for DBE. At a 0.07 correlation, their price movements are largely independent. QJUN charges 0.90%/yr vs 0.78%/yr for DBE.
Performance
QJUN vs. DBE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QJUN achieves a 5.97% return, which is significantly lower than DBE's 79.04% return.
QJUN
- 1D
- 0.07%
- 1M
- 0.99%
- YTD
- 5.97%
- 6M
- 6.64%
- 1Y
- 16.51%
- 3Y*
- 15.46%
- 5Y*
- —
- 10Y*
- —
DBE
- 1D
- -2.52%
- 1M
- -6.01%
- YTD
- 79.04%
- 6M
- 69.31%
- 1Y
- 81.31%
- 3Y*
- 22.41%
- 5Y*
- 19.05%
- 10Y*
- 11.58%
QJUN vs. DBE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
QJUN FT Cboe Vest Nasdaq-100 Buffer ETF - June | 5.97% | 13.59% | 16.36% | 36.34% | -17.34% | 7.08% |
DBE Invesco DB Energy Fund | 79.04% | -2.17% | 2.96% | -12.14% | 33.77% | 10.84% |
Correlation
The correlation between QJUN and DBE is -0.24, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.04 |
Correlation (All Time) Calculated using the full available price history since Jun 22, 2021 | 0.07 |
The correlation between QJUN and DBE shifts across timeframes, from -0.24 (1 year) to 0.07 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
QJUN vs. DBE — Risk / Return Rank
QJUN
DBE
QJUN vs. DBE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest Nasdaq-100 Buffer ETF - June (QJUN) and Invesco DB Energy Fund (DBE). 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.
| QJUN | DBE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | +0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.39 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.20 | 5.67 | -2.48 |
| Martin ratioReturn relative to average drawdown | 17.42 | 11.08 | +6.35 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| QJUN | DBE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.08 | 2.33 | -0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.65 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.41 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.79 | 0.09 | +0.70 |
Drawdowns
QJUN vs. DBE - Drawdown Comparison
The maximum QJUN drawdown since its inception was -19.92%, smaller than the maximum DBE drawdown of -86.69%. Use the drawdown chart below to compare losses from any high point for QJUN and DBE.
Loading charts...
Drawdown Indicators
| QJUN | DBE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.92% | -86.69% | +66.77% |
Max Drawdown (1Y)Largest decline over 1 year | -5.18% | -14.41% | +9.23% |
Max Drawdown (3Y)Largest decline over 3 years | -16.47% | -23.89% | +7.42% |
Max Drawdown (5Y)Largest decline over 5 years | — | -38.74% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -60.84% | — |
Current DrawdownCurrent decline from peak | 0.00% | -32.03% | +32.03% |
Average DrawdownAverage peak-to-trough decline | -3.88% | -57.30% | +53.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.95% | 7.37% | -6.42% |
Volatility
QJUN vs. DBE - Volatility Comparison
The current volatility for FT Cboe Vest Nasdaq-100 Buffer ETF - June (QJUN) is 0.31%, while Invesco DB Energy Fund (DBE) has a volatility of 13.05%. This indicates that QJUN experiences smaller price fluctuations and is considered to be less risky than DBE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| QJUN | DBE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.31% | 13.05% | -12.74% |
Volatility (6M)Calculated over the trailing 6-month period | 5.67% | 30.97% | -25.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.99% | 35.07% | -27.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.18% | 29.41% | -15.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.18% | 28.34% | -14.16% |
QJUN vs. DBE - Expense Ratio Comparison
QJUN has a 0.90% expense ratio, which is higher than DBE's 0.78% expense ratio.
Dividends
QJUN vs. DBE - Dividend Comparison
QJUN has not paid dividends to shareholders, while DBE's dividend yield for the trailing twelve months is around 2.16%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
DBE Invesco DB Energy Fund | 2.16% | 3.86% | 6.32% | 3.87% | 0.75% | 0.00% | 0.00% | 1.79% | 1.67% |
QJUN FT Cboe Vest Nasdaq-100 Buffer ETF - June | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
QJUN and DBE have a correlation of -0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DBE has higher volatility (13.05%) compared to QJUN (0.31%). In terms of maximum drawdown, QJUN dropped -19.92% vs DBE's -86.69%.
On 3-year performance, DBE leads with 22.41% vs 15.46% for QJUN. On fees, DBE is cheaper at 0.78% per year. On volatility, QJUN has been the lower-risk option at 0.31%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, DBE has performed better with a 22.41% return vs 15.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DBE is cheaper with a 0.78% expense ratio, compared with 0.90% for QJUN.
DBE has the higher dividend yield at 2.16%, compared with 0.00% for QJUN.
QJUN is categorized as Nasdaq-100, while DBE is Oil & Gas. They also come from different issuers: First Trust and Invesco. Their fees differ too: 0.90% for QJUN and 0.78% for DBE.
DBE currently has the higher Sharpe Ratio (2.33 vs 2.08), 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.
Find the right allocation for QJUN and DBE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer