UXJA vs. NFTY

Last updated Aug 4, 2026

UXJA (FT Vest U.S. Equity Uncapped Accelerator ETF - January) and NFTY (First Trust India NIFTY 50 Equal Weight ETF) are both exchange-traded funds - UXJA is a Defined Outcome fund actively managed by First Trust, while NFTY is a India Equities fund tracking the NIFTY 50 Equal Weight Index. UXJA is actively managed, while NFTY is passively managed. Over the past year, UXJA returned 24.05% vs -1.61% for NFTY. Their 0.43 correlation means their historical movements had little consistent relationship. UXJA charges 0.85%/yr vs 0.80%/yr for NFTY.

Performance

UXJA vs. NFTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest U.S. Equity Uncapped Accelerator ETF - January (UXJA) and First Trust India NIFTY 50 Equal Weight ETF (NFTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UXJA achieves a 11.86% return, which is significantly higher than NFTY's -5.08% return.

UXJA

• 1D: 1.53%
• 1M: 1.77%
• 6M: 9.47%
• YTD: 11.86%
• 1Y: 24.05%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.53%

NFTY

• 1D: 0.88%
• 1M: 1.75%
• 6M: -5.04%
• YTD: -5.08%
• 1Y: -1.61%
• 3Y*: 6.43%
• 5Y*: 5.70%
• 10Y*: 7.54%
• ALL TIME*: 6.06%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
NFTY First Trust India NIFTY 50 Equal Weight ETF	$2.50M	$1.73M	$1.67M
UXJA FT Vest U.S. Equity Uncapped Accelerator ETF - January	$44.04K	$60.41K	$74.88K

UXJA vs. NFTY - Yearly Performance Comparison

	2026 (YTD)	2025
UXJA FT Vest U.S. Equity Uncapped Accelerator ETF - January	11.86%	14.47%
NFTY First Trust India NIFTY 50 Equal Weight ETF	-5.08%	7.37%

Correlation

The correlation between UXJA and NFTY is 0.47, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.47
Correlation (All Time) Calculated using the full available price history since Jan 21, 2025	0.43

Return for Risk

UXJA vs. NFTY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

UXJA

UXJA Risk / Return Rank: 65
UXJA Sharpe Ratio Rank: 65
UXJA Sortino Ratio Rank: 63
UXJA Omega Ratio Rank: 61
UXJA Calmar Ratio Rank: 64
UXJA Martin Ratio Rank: 72

NFTY

NFTY Risk / Return Rank: 9
NFTY Sharpe Ratio Rank: 9
NFTY Sortino Ratio Rank: 9
NFTY Omega Ratio Rank: 9
NFTY Calmar Ratio Rank: 10
NFTY Martin Ratio Rank: 9

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

UXJA vs. NFTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest U.S. Equity Uncapped Accelerator ETF - January (UXJA) and First Trust India NIFTY 50 Equal Weight ETF (NFTY). 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.

	UXJA	NFTY	Difference
Sharpe ratio: Return per unit of total volatility	1.67	-0.11	+1.78
Sortino ratio: Return per unit of downside risk	2.30	-0.05	+2.36
Omega ratio: Gain probability vs. loss probability	1.29	0.99	+0.30
Calmar ratio: Return relative to maximum drawdown	2.46	-0.10	+2.56
Martin ratio: Return relative to average drawdown	9.69	-0.23	+9.92

UXJA vs. NFTY - Sharpe Ratio Comparison

The current UXJA Sharpe Ratio is 1.67, which is higher than the NFTY Sharpe Ratio of -0.11. The chart below compares the historical Sharpe Ratios of UXJA and NFTY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

UXJA vs. NFTY - Drawdown Comparison

The maximum UXJA drawdown since its inception was -20.01%, smaller than the maximum NFTY drawdown of -47.67%. Use the drawdown chart below to compare losses from any high point for UXJA and NFTY.

Drawdown Indicators

	UXJA	NFTY	Difference
Max Drawdown Largest peak-to-trough decline	-20.01%	-47.67%	+27.66%
Max Drawdown (1Y) Largest decline over 1 year	-9.83%	-16.14%	+6.31%
Max Drawdown (3Y) Largest decline over 3 years	—	-21.55%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.55%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-47.67%	—
Current Drawdown Current decline from peak	-0.49%	-13.23%	+12.74%
Average Drawdown Average peak-to-trough decline	-2.89%	-9.65%	+6.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.49%	6.99%	-4.50%

Volatility

UXJA vs. NFTY - Volatility Comparison

FT Vest U.S. Equity Uncapped Accelerator ETF - January (UXJA) has a higher volatility of 4.28% compared to First Trust India NIFTY 50 Equal Weight ETF (NFTY) at 3.57%. This indicates that UXJA's price experiences larger fluctuations and is considered to be riskier than NFTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UXJA	NFTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.28%	3.57%	+0.71%
Volatility (6M) Calculated over the trailing 6-month period	11.21%	12.74%	-1.53%
Volatility (1Y) Calculated over the trailing 1-year period	14.53%	14.87%	-0.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.36%	17.41%	+0.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.36%	20.65%	-2.29%

UXJA vs. NFTY - Expense Ratio Comparison

UXJA has a 0.85% expense ratio, which is higher than NFTY's 0.80% expense ratio.

Dividends

UXJA vs. NFTY - Dividend Comparison

UXJA has not paid dividends to shareholders, while NFTY's dividend yield for the trailing twelve months is around 1.87%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NFTY First Trust India NIFTY 50 Equal Weight ETF	1.87%	1.24%	1.61%	0.13%	5.89%	1.53%	0.61%	0.97%	0.00%	4.10%	3.28%	4.39%
UXJA FT Vest U.S. Equity Uncapped Accelerator ETF - January	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both UXJA and NFTY in my portfolio?

UXJA and NFTY have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UXJA or NFTY?

UXJA has higher volatility (4.28%) compared to NFTY (3.57%). In terms of maximum drawdown, UXJA dropped -20.01% vs NFTY's -47.67%.

Which ETF is better, UXJA or NFTY?

On 1-year performance, UXJA leads with 24.05% vs -1.61% for NFTY. On fees, NFTY is cheaper at 0.80% per year. On volatility, NFTY has been the lower-risk option at 3.57%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, UXJA or NFTY?

Over the 1-year period, UXJA has performed better with a 24.05% return vs -1.61%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, UXJA or NFTY?

NFTY is cheaper with a 0.80% expense ratio, compared with 0.85% for UXJA.

Which ETF pays a higher dividend yield, UXJA or NFTY?

NFTY has the higher dividend yield at 1.87%, compared with 0.00% for UXJA.

What is the main difference between UXJA and NFTY?

UXJA is categorized as Defined Outcome, while NFTY is India Equities. Their fees differ too: 0.85% for UXJA and 0.80% for NFTY.

Which has better risk-adjusted returns?

UXJA currently has the higher Sharpe Ratio (1.67 vs -0.11), 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.