TENJ vs. DYNF
TENJ (iShares Large Cap 10% Target Buffer Jun ETF) and DYNF (iShares U.S. Equity Factor Rotation Active ETF) are both exchange-traded funds - TENJ is a Defined Outcome fund actively managed by BlackRock, while DYNF is a Large Cap Blend Equities fund actively managed by iShares. Both are actively managed. With a 0.95 correlation, they move nearly in lockstep. TENJ charges 0.50%/yr vs 0.26%/yr for DYNF.
Performance
TENJ vs. DYNF - Performance Comparison
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Returns By Period
In the year-to-date period, TENJ achieves a 7.91% return, which is significantly lower than DYNF's 11.85% return.
TENJ
- 1D
- -0.15%
- 1M
- 0.86%
- YTD
- 7.91%
- 6M
- 7.71%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DYNF
- 1D
- -0.01%
- 1M
- 1.78%
- YTD
- 11.85%
- 6M
- 11.36%
- 1Y
- 30.86%
- 3Y*
- 25.88%
- 5Y*
- 15.28%
- 10Y*
- —
TENJ vs. DYNF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TENJ iShares Large Cap 10% Target Buffer Jun ETF | 7.91% | 2.22% |
DYNF iShares U.S. Equity Factor Rotation Active ETF | 11.85% | 2.52% |
Correlation
The correlation between TENJ and DYNF is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 22, 2025 | 0.95 |
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Return for Risk
TENJ vs. DYNF — Risk / Return Rank
TENJ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
DYNF
TENJ vs. DYNF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Large Cap 10% Target Buffer Jun ETF (TENJ) and iShares U.S. Equity Factor Rotation Active ETF (DYNF). 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.
| TENJ | DYNF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.42 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.58 | — |
| Martin ratioReturn relative to average drawdown | — | 16.77 | — |
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Drawdowns
TENJ vs. DYNF - Drawdown Comparison
The maximum TENJ drawdown since its inception was -5.51%, smaller than the maximum DYNF drawdown of -34.72%. Use the drawdown chart below to compare losses from any high point for TENJ and DYNF.
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Drawdown Indicators
| TENJ | DYNF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.51% | -34.72% | +29.21% |
Max Drawdown (1Y)Largest decline over 1 year | — | -8.67% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.70% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -28.65% | — |
Current DrawdownCurrent decline from peak | -0.31% | -0.35% | +0.04% |
Average DrawdownAverage peak-to-trough decline | -0.82% | -5.95% | +5.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.85% | — |
Volatility
TENJ vs. DYNF - Volatility Comparison
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Volatility by Period
| TENJ | DYNF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.10% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 10.53% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 8.48% | 13.15% | -4.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.48% | 17.60% | -9.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.48% | 19.91% | -11.43% |
TENJ vs. DYNF - Expense Ratio Comparison
TENJ has a 0.50% expense ratio, which is higher than DYNF's 0.26% expense ratio.
Dividends
TENJ vs. DYNF - Dividend Comparison
TENJ's dividend yield for the trailing twelve months is around 0.26%, less than DYNF's 0.80% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
DYNF iShares U.S. Equity Factor Rotation Active ETF | 0.80% | 1.01% | 0.65% | 1.11% | 1.66% | 2.89% | 1.52% | 1.22% |
TENJ iShares Large Cap 10% Target Buffer Jun ETF | 0.26% | 0.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.95, TENJ and DYNF move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, DYNF is cheaper at 0.26% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DYNF is cheaper with a 0.26% expense ratio, compared with 0.50% for TENJ.
DYNF has the higher dividend yield at 0.80%, compared with 0.26% for TENJ.
TENJ is categorized as Defined Outcome, while DYNF is Large Cap Blend Equities. They also come from different issuers: BlackRock and iShares. Their fees differ too: 0.50% for TENJ and 0.26% for DYNF.
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