SFEB vs. UXJL

Last updated Jun 24, 2026

SFEB (FT Vest U.S. Small Cap Moderate Buffer ETF - February) and UXJL (FT Vest U.S. Equity Uncapped Accelerator ETF - July) are both Defined Outcome funds from First Trust. Both are actively managed. A 0.79 correlation means they provide meaningful diversification when combined. SFEB charges 0.90%/yr vs 0.85%/yr for UXJL.

Performance

SFEB vs. UXJL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest U.S. Small Cap Moderate Buffer ETF - February (SFEB) and FT Vest U.S. Equity Uncapped Accelerator ETF - July (UXJL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SFEB achieves a 10.55% return, which is significantly higher than UXJL's 8.46% return.

SFEB

• 1D: -0.52%
• 1M: 1.52%
• YTD: 10.55%
• 6M: 9.53%
• 1Y: 23.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —

UXJL

• 1D: -1.53%
• 1M: -1.62%
• YTD: 8.46%
• 6M: 7.35%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SFEB vs. UXJL - Yearly Performance Comparison

	2026 (YTD)	2025
SFEB FT Vest U.S. Small Cap Moderate Buffer ETF - February	10.55%	8.55%
UXJL FT Vest U.S. Equity Uncapped Accelerator ETF - July	8.46%	8.62%

Correlation

The correlation between SFEB and UXJL is 0.79, 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 21, 2025	0.79

Return for Risk

SFEB vs. UXJL — Risk / Return Rank

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

SFEB

SFEB Risk / Return Rank: 86
SFEB Sharpe Ratio Rank: 84
SFEB Sortino Ratio Rank: 87
SFEB Omega Ratio Rank: 82
SFEB Calmar Ratio Rank: 87
SFEB Martin Ratio Rank: 89

UXJL

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.

SFEB vs. UXJL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest U.S. Small Cap Moderate Buffer ETF - February (SFEB) and FT Vest U.S. Equity Uncapped Accelerator ETF - July (UXJL). 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.

	SFEB	UXJL	Difference
Sharpe ratio: Return per unit of total volatility	2.43	—	—
Sortino ratio: Return per unit of downside risk	3.50	—	—
Omega ratio: Gain probability vs. loss probability	1.44	—	—
Calmar ratio: Return relative to maximum drawdown	4.44	—	—
Martin ratio: Return relative to average drawdown	18.15	—	—

Drawdowns

SFEB vs. UXJL - Drawdown Comparison

The maximum SFEB drawdown since its inception was -16.67%, which is greater than UXJL's maximum drawdown of -10.29%. Use the drawdown chart below to compare losses from any high point for SFEB and UXJL.

Drawdown Indicators

	SFEB	UXJL	Difference
Max Drawdown Largest peak-to-trough decline	-16.67%	-10.29%	-6.38%
Max Drawdown (1Y) Largest decline over 1 year	-5.22%	—	—
Current Drawdown Current decline from peak	-0.52%	-3.71%	+3.19%
Average Drawdown Average peak-to-trough decline	-2.46%	-1.58%	-0.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.27%	—	—

Volatility

Volatility by Period

	SFEB	UXJL	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.60%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.75%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.56%	14.58%	-5.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.02%	14.58%	-2.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.02%	14.58%	-2.56%

SFEB vs. UXJL - Expense Ratio Comparison

SFEB has a 0.90% expense ratio, which is higher than UXJL's 0.85% expense ratio.

Dividends

SFEB vs. UXJL - Dividend Comparison

Neither SFEB nor UXJL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SFEB and UXJL in my portfolio?

SFEB and UXJL have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SFEB or UXJL?

On fees, UXJL is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SFEB or UXJL?

UXJL is cheaper with a 0.85% expense ratio, compared with 0.90% for SFEB.

Which ETF pays a higher dividend yield, SFEB or UXJL?

SFEB and UXJL have nearly identical dividend yields, around 0.00%.

What is the main difference between SFEB and UXJL?

Their fees differ too: 0.90% for SFEB and 0.85% for UXJL.