QJUN vs. QB

Last updated Jul 14, 2026

QJUN (FT Cboe Vest Nasdaq-100 Buffer ETF - June) and QB (ProShares Nasdaq-100 Dynamic Daily Buffer ETF) are both exchange-traded funds - QJUN is a Nasdaq-100 fund actively managed by First Trust, while QB is a Defined Outcome fund tracking the Nasdaq-100. QJUN is actively managed, while QB is passively managed. Over the past year, QJUN returned 11.61% vs 18.28% for QB. A 0.69 correlation means they provide meaningful diversification when combined. QJUN charges 0.90%/yr vs 0.58%/yr for QB.

Performance

QJUN vs. QB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Cboe Vest Nasdaq-100 Buffer ETF - June (QJUN) and ProShares Nasdaq-100 Dynamic Daily Buffer ETF (QB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QJUN achieves a 4.01% return, which is significantly lower than QB's 12.15% return.

QJUN

• 1D: -1.27%
• 1M: -1.93%
• 6M: 3.21%
• YTD: 4.01%
• 1Y: 11.61%
• 3Y*: 13.55%
• 5Y*: 10.15%
• 10Y*: —

QB

• 1D: -0.14%
• 1M: 3.02%
• 6M: 10.85%
• YTD: 12.15%
• 1Y: 18.28%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QJUN vs. QB - Yearly Performance Comparison

	2026 (YTD)	2025
QJUN FT Cboe Vest Nasdaq-100 Buffer ETF - June	4.01%	8.78%
QB ProShares Nasdaq-100 Dynamic Daily Buffer ETF	12.15%	6.10%

Correlation

The correlation between QJUN and QB is 0.69, 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	0.69
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	0.69

The correlation between QJUN and QB has been stable across timeframes, ranging from 0.69 to 0.69 - a consistent structural relationship.

QJUN vs. QB - Sectors Allocation Comparison

Sectors	QJUN	QB
Technology	58.7%	49.9%
Communication Services	14.3%	16.4%
Consumer Cyclical	11.4%	12.5%
Consumer Defensive	6.4%	8.6%
Healthcare	3.7%	5.3%
Industrials	2.6%	3.7%
Utilities	1.2%	1.6%
Basic Materials	1.0%	1.3%
Energy	0.5%	0.6%
Financial Services	0.2%	0.2%
Real Estate	0.1%	0.1%

Return for Risk

QJUN vs. QB — Risk / Return Rank

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

QJUN

QJUN Risk / Return Rank: 58
QJUN Sharpe Ratio Rank: 50
QJUN Sortino Ratio Rank: 50
QJUN Omega Ratio Rank: 57
QJUN Calmar Ratio Rank: 56
QJUN Martin Ratio Rank: 76

QB

QB Risk / Return Rank: 94
QB Sharpe Ratio Rank: 93
QB Sortino Ratio Rank: 94
QB Omega Ratio Rank: 95
QB Calmar Ratio Rank: 93
QB Martin Ratio Rank: 96

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.

QJUN vs. QB - 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 ProShares Nasdaq-100 Dynamic Daily Buffer ETF (QB). 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.

	QJUN	QB	Difference
Sharpe ratio: Return per unit of total volatility	1.39	2.62	-1.23
Sortino ratio: Return per unit of downside risk	1.97	3.81	-1.84
Omega ratio: Gain probability vs. loss probability	1.28	1.62	-0.34
Calmar ratio: Return relative to maximum drawdown	2.25	5.28	-3.03
Martin ratio: Return relative to average drawdown	11.21	25.48	-14.26

QJUN vs. QB - Sharpe Ratio Comparison

The current QJUN Sharpe Ratio is 1.39, which is lower than the QB Sharpe Ratio of 2.62. The chart below compares the historical Sharpe Ratios of QJUN and QB, 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

QJUN vs. QB - Drawdown Comparison

The maximum QJUN drawdown since its inception was -19.92%, which is greater than QB's maximum drawdown of -3.47%. Use the drawdown chart below to compare losses from any high point for QJUN and QB.

Drawdown Indicators

	QJUN	QB	Difference
Max Drawdown Largest peak-to-trough decline	-19.92%	-3.47%	-16.45%
Max Drawdown (1Y) Largest decline over 1 year	-5.18%	-3.47%	-1.71%
Max Drawdown (3Y) Largest decline over 3 years	-16.47%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-19.92%	—	—
Current Drawdown Current decline from peak	-2.11%	-0.31%	-1.80%
Average Drawdown Average peak-to-trough decline	-3.82%	-0.42%	-3.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.04%	0.72%	+0.32%

Volatility

QJUN vs. QB - Volatility Comparison

FT Cboe Vest Nasdaq-100 Buffer ETF - June (QJUN) has a higher volatility of 4.20% compared to ProShares Nasdaq-100 Dynamic Daily Buffer ETF (QB) at 3.05%. This indicates that QJUN's price experiences larger fluctuations and is considered to be riskier than QB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QJUN	QB	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.20%	3.05%	+1.15%
Volatility (6M) Calculated over the trailing 6-month period	6.84%	5.83%	+1.01%
Volatility (1Y) Calculated over the trailing 1-year period	8.42%	7.03%	+1.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.23%	6.93%	+7.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.15%	6.93%	+7.22%

QJUN vs. QB - Expense Ratio Comparison

QJUN has a 0.90% expense ratio, which is higher than QB's 0.58% expense ratio.

Dividends

QJUN vs. QB - Dividend Comparison

QJUN has not paid dividends to shareholders, while QB's dividend yield for the trailing twelve months is around 0.78%.

Position	TTM	2025
QB ProShares Nasdaq-100 Dynamic Daily Buffer ETF	0.78%	0.48%
QJUN FT Cboe Vest Nasdaq-100 Buffer ETF - June	0.00%	0.00%

Frequently Asked Questions

Can I hold both QJUN and QB in my portfolio?

QJUN and QB have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QJUN or QB?

QJUN has higher volatility (4.20%) compared to QB (3.05%). In terms of maximum drawdown, QJUN dropped -19.92% vs QB's -3.47%.

Which ETF is better, QJUN or QB?

On 1-year performance, QB leads with 18.28% vs 11.61% for QJUN. On fees, QB is cheaper at 0.58% per year. On volatility, QB has been the lower-risk option at 3.05%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QJUN or QB?

Over the 1-year period, QB has performed better with a 18.28% return vs 11.61%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QJUN or QB?

QB is cheaper with a 0.58% expense ratio, compared with 0.90% for QJUN.

Which ETF pays a higher dividend yield, QJUN or QB?

QB has the higher dividend yield at 0.78%, compared with 0.00% for QJUN.

What is the main difference between QJUN and QB?

QJUN is categorized as Nasdaq-100, while QB is Defined Outcome. They also come from different issuers: First Trust and ProShares. Their fees differ too: 0.90% for QJUN and 0.58% for QB.

Which has better risk-adjusted returns?

QB currently has the higher Sharpe Ratio (2.62 vs 1.39), 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.