QQLV vs. DJUN

Last updated Jun 4, 2026

QQLV (Invesco QQQ Low Volatility ETF) and DJUN (FT Cboe Vest U.S. Equity Deep Buffer ETF - June) are both Large Cap Blend Equities funds - QQLV tracks the Nasdaq Low Volatility 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 year, QQLV returned -1.95% vs 10.92% for DJUN. At a 0.49 correlation, their price movements are largely independent. QQLV charges 0.25%/yr vs 0.85%/yr for DJUN.

Performance

QQLV vs. DJUN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco QQQ Low Volatility ETF (QQLV) 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, QQLV achieves a 1.94% return, which is significantly lower than DJUN's 3.78% return.

QQLV

• 1D: -0.03%
• 1M: -0.15%
• YTD: 1.94%
• 6M: 1.06%
• 1Y: -1.95%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DJUN

• 1D: 0.01%
• 1M: 0.88%
• YTD: 3.78%
• 6M: 4.53%
• 1Y: 10.92%
• 3Y*: 11.40%
• 5Y*: 8.19%
• 10Y*: —

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

QQLV vs. DJUN - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QQLV Invesco QQQ Low Volatility ETF	1.94%	4.19%	-5.60%
DJUN FT Cboe Vest U.S. Equity Deep Buffer ETF - June	3.78%	9.38%	-1.41%

Correlation

The correlation between QQLV and DJUN is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (All Time) Calculated using the full available price history since Dec 5, 2024	0.49

Return for Risk

QQLV vs. DJUN — Risk / Return Rank

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

QQLV

QQLV Risk / Return Rank: 6
QQLV Sharpe Ratio Rank: 7
QQLV Sortino Ratio Rank: 6
QQLV Omega Ratio Rank: 6
QQLV Calmar Ratio Rank: 6
QQLV Martin Ratio Rank: 6

DJUN

DJUN Risk / Return Rank: 77
DJUN Sharpe Ratio Rank: 67
DJUN Sortino Ratio Rank: 74
DJUN Omega Ratio Rank: 83
DJUN Calmar Ratio Rank: 71
DJUN Martin Ratio Rank: 90

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.

QQLV vs. DJUN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ Low Volatility ETF (QQLV) 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.

	QQLV	DJUN	Difference
Sharpe ratio: Return per unit of total volatility	-0.19	2.22	-2.41
Sortino ratio: Return per unit of downside risk	-0.20	3.35	-3.55
Omega ratio: Gain probability vs. loss probability	0.98	1.50	-0.53
Calmar ratio: Return relative to maximum drawdown	-0.27	3.51	-3.77
Martin ratio: Return relative to average drawdown	-0.52	20.66	-21.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QQLV vs. DJUN - Sharpe Ratio Comparison

The current QQLV Sharpe Ratio is -0.19, which is lower than the DJUN Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of QQLV and DJUN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	QQLV	DJUN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.19	2.22	-2.41
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.97	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.01	1.04	-1.03

Drawdowns

QQLV vs. DJUN - Drawdown Comparison

The maximum QQLV drawdown since its inception was -9.54%, smaller than the maximum DJUN drawdown of -11.96%. Use the drawdown chart below to compare losses from any high point for QQLV and DJUN.

Drawdown Indicators

	QQLV	DJUN	Difference
Max Drawdown Largest peak-to-trough decline	-9.54%	-11.96%	+2.42%
Max Drawdown (1Y) Largest decline over 1 year	-7.35%	-3.15%	-4.20%
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	-3.61%	0.00%	-3.61%
Average Drawdown Average peak-to-trough decline	-3.19%	-1.59%	-1.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.73%	0.53%	+3.20%

Volatility

QQLV vs. DJUN - Volatility Comparison

Invesco QQQ Low Volatility ETF (QQLV) has a higher volatility of 2.66% compared to FT Cboe Vest U.S. Equity Deep Buffer ETF - June (DJUN) at 0.25%. This indicates that QQLV'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.

Volatility by Period

	QQLV	DJUN	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.66%	0.25%	+2.41%
Volatility (6M) Calculated over the trailing 6-month period	7.05%	3.55%	+3.50%
Volatility (1Y) Calculated over the trailing 1-year period	10.13%	5.04%	+5.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.70%	8.52%	+4.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.70%	8.06%	+4.64%

QQLV vs. DJUN - Expense Ratio Comparison

QQLV has a 0.25% expense ratio, which is lower than DJUN's 0.85% expense ratio.

Dividends

QQLV vs. DJUN - Dividend Comparison

QQLV's dividend yield for the trailing twelve months is around 2.06%, 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%
QQLV Invesco QQQ Low Volatility ETF	2.06%	1.84%

Frequently Asked Questions

Can I hold both QQLV and DJUN in my portfolio?

QQLV and DJUN have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QQLV or DJUN?

QQLV has higher volatility (2.66%) compared to DJUN (0.25%). In terms of maximum drawdown, QQLV dropped -9.54% vs DJUN's -11.96%.

Which ETF is better, QQLV or DJUN?

On 1-year performance, DJUN leads with 10.92% vs -1.95% for QQLV. On fees, QQLV is cheaper at 0.25% 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.

Which ETF has performed better, QQLV or DJUN?

Over the 1-year period, DJUN has performed better with a 10.92% return vs -1.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QQLV or DJUN?

QQLV is cheaper with a 0.25% expense ratio, compared with 0.85% for DJUN.

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

QQLV has the higher dividend yield at 2.06%, compared with 0.00% for DJUN.

What is the main difference between QQLV and DJUN?

QQLV tracks Nasdaq Low Volatility 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: 0.25% for QQLV and 0.85% for DJUN.

Which has better risk-adjusted returns?

DJUN currently has the higher Sharpe Ratio (2.22 vs -0.19), 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.