RSJN vs. PMJL

Last updated Jun 24, 2026

RSJN (FT Vest U.S. Equity Equal Weight Buffer ETF - June) and PMJL (PGIM S&P 500 Max Buffer ETF - July) are both Defined Outcome funds. Both are actively managed. A 0.67 correlation means they provide meaningful diversification when combined. RSJN charges 0.85%/yr vs 0.50%/yr for PMJL.

Performance

RSJN vs. PMJL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest U.S. Equity Equal Weight Buffer ETF - June (RSJN) and PGIM S&P 500 Max Buffer ETF - July (PMJL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RSJN achieves a 7.32% return, which is significantly higher than PMJL's 3.02% return.

RSJN

• 1D: -0.09%
• 1M: 1.08%
• YTD: 7.32%
• 6M: 6.90%
• 1Y: 13.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PMJL

• 1D: 0.09%
• 1M: 0.50%
• YTD: 3.02%
• 6M: 3.04%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RSJN vs. PMJL - Yearly Performance Comparison

	2026 (YTD)	2025
RSJN FT Vest U.S. Equity Equal Weight Buffer ETF - June	7.32%	4.85%
PMJL PGIM S&P 500 Max Buffer ETF - July	3.02%	3.17%

Correlation

The correlation between RSJN and PMJL is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 1, 2025	0.67

Return for Risk

RSJN vs. PMJL — Risk / Return Rank

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

RSJN

RSJN Risk / Return Rank: 72
RSJN Sharpe Ratio Rank: 68
RSJN Sortino Ratio Rank: 73
RSJN Omega Ratio Rank: 69
RSJN Calmar Ratio Rank: 74
RSJN Martin Ratio Rank: 77

PMJL

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

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.

RSJN vs. PMJL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest U.S. Equity Equal Weight Buffer ETF - June (RSJN) and PGIM S&P 500 Max Buffer ETF - July (PMJL). 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.

	RSJN	PMJL	Difference
Sharpe ratio: Return per unit of total volatility	1.98	—	—
Sortino ratio: Return per unit of downside risk	2.94	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	3.39	—	—
Martin ratio: Return relative to average drawdown	13.38	—	—

Drawdowns

RSJN vs. PMJL - Drawdown Comparison

The maximum RSJN drawdown since its inception was -12.44%, which is greater than PMJL's maximum drawdown of -1.49%. Use the drawdown chart below to compare losses from any high point for RSJN and PMJL.

Drawdown Indicators

	RSJN	PMJL	Difference
Max Drawdown Largest peak-to-trough decline	-12.44%	-1.49%	-10.95%
Max Drawdown (1Y) Largest decline over 1 year	-4.07%	—	—
Current Drawdown Current decline from peak	-1.12%	0.00%	-1.12%
Average Drawdown Average peak-to-trough decline	-1.54%	-0.12%	-1.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.03%	—	—

Volatility

Volatility by Period

	RSJN	PMJL	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.74%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.00%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	7.02%	2.02%	+5.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.08%	2.02%	+8.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.08%	2.02%	+8.06%

RSJN vs. PMJL - Expense Ratio Comparison

RSJN has a 0.85% expense ratio, which is higher than PMJL's 0.50% expense ratio.

Dividends

RSJN vs. PMJL - Dividend Comparison

Neither RSJN nor PMJL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both RSJN and PMJL in my portfolio?

RSJN and PMJL have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RSJN or PMJL?

On fees, PMJL is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RSJN or PMJL?

PMJL is cheaper with a 0.50% expense ratio, compared with 0.85% for RSJN.

Which ETF pays a higher dividend yield, RSJN or PMJL?

RSJN and PMJL have nearly identical dividend yields, around 0.00%.

What is the main difference between RSJN and PMJL?

They also come from different issuers: First Trust and PGIM. Their fees differ too: 0.85% for RSJN and 0.50% for PMJL.