SHRY vs. DJUN
SHRY (First Trust Bloomberg Shareholder Yield ETF) and DJUN (FT Cboe Vest U.S. Equity Deep Buffer ETF - June) are both Large Cap Blend Equities funds from First Trust - SHRY tracks the Bloomberg Shareholder Yield Index - Benchmark TR Gross while DJUN tracks the Cboe S&P 500 30% (-5% to -35%) Buffer Protect June Series Index. Both are passively managed. Over the past 5 years, SHRY returned 7.45%/yr vs 7.86%/yr for DJUN. A 0.75 correlation means they provide meaningful diversification when combined. SHRY charges 0.60%/yr vs 0.85%/yr for DJUN.
Performance
SHRY vs. DJUN - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SHRY achieves a 1.35% return, which is significantly lower than DJUN's 3.29% return.
SHRY
- 1D
- 0.17%
- 1M
- -4.07%
- YTD
- 1.35%
- 6M
- 0.93%
- 1Y
- 3.11%
- 3Y*
- 12.30%
- 5Y*
- 7.45%
- 10Y*
- —
DJUN
- 1D
- -0.59%
- 1M
- -0.24%
- YTD
- 3.29%
- 6M
- 3.23%
- 1Y
- 10.33%
- 3Y*
- 11.14%
- 5Y*
- 7.86%
- 10Y*
- —
SHRY vs. DJUN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SHRY First Trust Bloomberg Shareholder Yield ETF | 1.35% | 7.29% | 17.27% | 17.47% | -14.21% | 30.50% | 21.45% |
DJUN FT Cboe Vest U.S. Equity Deep Buffer ETF - June | 3.29% | 9.38% | 13.92% | 17.58% | -6.30% | 6.27% | 6.78% |
Correlation
The correlation between SHRY and DJUN is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Jun 22, 2020 | 0.75 |
Over the past year, the correlation between SHRY and DJUN has dropped to 0.46 - well below their long-term average of 0.75, suggesting their price drivers have been diverging.
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
SHRY vs. DJUN — Risk / Return Rank
SHRY
DJUN
SHRY vs. DJUN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Bloomberg Shareholder Yield ETF (SHRY) 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.
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.
| SHRY | DJUN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.04 | ||
| Sortino ratioReturn per unit of downside risk | -3.06 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.53 | -0.47 |
| Calmar ratioReturn relative to maximum drawdown | 0.43 | 3.32 | -2.89 |
| Martin ratioReturn relative to average drawdown | 1.11 | 20.38 | -19.27 |
Loading charts...
Drawdowns
SHRY vs. DJUN - Drawdown Comparison
The maximum SHRY drawdown since its inception was -36.67%, which is greater than DJUN's maximum drawdown of -11.96%. Use the drawdown chart below to compare losses from any high point for SHRY and DJUN.
Loading charts...
Drawdown Indicators
| SHRY | DJUN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.67% | -11.96% | -24.71% |
Max Drawdown (1Y)Largest decline over 1 year | -7.20% | -3.15% | -4.05% |
Max Drawdown (3Y)Largest decline over 3 years | -15.34% | -11.96% | -3.38% |
Max Drawdown (5Y)Largest decline over 5 years | -23.94% | -11.96% | -11.98% |
Current DrawdownCurrent decline from peak | -6.40% | -0.71% | -5.69% |
Average DrawdownAverage peak-to-trough decline | -5.03% | -1.58% | -3.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.81% | 0.51% | +2.30% |
Volatility
SHRY vs. DJUN - Volatility Comparison
First Trust Bloomberg Shareholder Yield ETF (SHRY) has a higher volatility of 3.30% compared to FT Cboe Vest U.S. Equity Deep Buffer ETF - June (DJUN) at 0.67%. This indicates that SHRY'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.
Loading charts...
Volatility by Period
| SHRY | DJUN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.30% | 0.67% | +2.63% |
Volatility (6M)Calculated over the trailing 6-month period | 7.74% | 3.59% | +4.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.90% | 4.51% | +6.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.68% | 8.52% | +7.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.16% | 8.03% | +10.13% |
SHRY vs. DJUN - Expense Ratio Comparison
SHRY has a 0.60% expense ratio, which is lower than DJUN's 0.85% expense ratio.
Dividends
SHRY vs. DJUN - Dividend Comparison
SHRY's dividend yield for the trailing twelve months is around 1.74%, while DJUN has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
DJUN FT Cboe Vest U.S. Equity Deep Buffer ETF - June | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SHRY First Trust Bloomberg Shareholder Yield ETF | 1.74% | 1.73% | 1.76% | 1.49% | 1.52% | 0.98% | 1.65% | 1.54% | 1.89% | 0.55% |
Frequently Asked Questions
SHRY and DJUN have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SHRY has higher volatility (3.30%) compared to DJUN (0.67%). In terms of maximum drawdown, SHRY dropped -36.67% vs DJUN's -11.96%.
On 5-year performance, DJUN leads with 7.86% vs 7.45% for SHRY. On fees, SHRY is cheaper at 0.60% per year. On volatility, DJUN has been the lower-risk option at 0.67%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, DJUN has performed better with a 7.86% return vs 7.45%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SHRY is cheaper with a 0.60% expense ratio, compared with 0.85% for DJUN.
SHRY has the higher dividend yield at 1.74%, compared with 0.00% for DJUN.
SHRY tracks Bloomberg Shareholder Yield Index - Benchmark TR Gross, while DJUN tracks Cboe S&P 500 30% (-5% to -35%) Buffer Protect June Series Index. Their fees differ too: 0.60% for SHRY and 0.85% for DJUN.
DJUN currently has the higher Sharpe Ratio (2.32 vs 0.29), 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 SHRY and DJUN
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