UXJL vs. BUFP

Last updated Jun 4, 2026

UXJL (FT Vest U.S. Equity Uncapped Accelerator ETF - July) and BUFP (PGIM Laddered S&P 500 Buffer 12 ETF) are both Defined Outcome funds. UXJL is actively managed, while BUFP is passively managed. Their correlation of 0.94 suggests significant overlap in exposure. UXJL charges 0.85%/yr vs 0.50%/yr for BUFP.

Performance

UXJL vs. BUFP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest U.S. Equity Uncapped Accelerator ETF - July (UXJL) and PGIM Laddered S&P 500 Buffer 12 ETF (BUFP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UXJL achieves a 11.78% return, which is significantly higher than BUFP's 6.23% return.

UXJL

• 1D: -0.76%
• 1M: 6.02%
• YTD: 11.78%
• 6M: 11.50%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BUFP

• 1D: -0.22%
• 1M: 2.04%
• YTD: 6.23%
• 6M: 7.00%
• 1Y: 17.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

UXJL vs. BUFP - Yearly Performance Comparison

	2026 (YTD)	2025
UXJL FT Vest U.S. Equity Uncapped Accelerator ETF - July	11.78%	9.31%
BUFP PGIM Laddered S&P 500 Buffer 12 ETF	6.23%	6.23%

Correlation

The correlation between UXJL and BUFP is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 22, 2025	0.94

Return for Risk

UXJL vs. BUFP — Risk / Return Rank

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

BUFP

BUFP Risk / Return Rank: 86
BUFP Sharpe Ratio Rank: 84
BUFP Sortino Ratio Rank: 89
BUFP Omega Ratio Rank: 89
BUFP Calmar Ratio Rank: 77
BUFP Martin Ratio Rank: 91

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.

UXJL vs. BUFP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest U.S. Equity Uncapped Accelerator ETF - July (UXJL) and PGIM Laddered S&P 500 Buffer 12 ETF (BUFP). 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.

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

Sharpe Ratios by Period

	UXJL	BUFP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.77	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.87	1.40	+0.47

Drawdowns

UXJL vs. BUFP - Drawdown Comparison

The maximum UXJL drawdown since its inception was -10.29%, smaller than the maximum BUFP drawdown of -11.98%. Use the drawdown chart below to compare losses from any high point for UXJL and BUFP.

Drawdown Indicators

	UXJL	BUFP	Difference
Max Drawdown Largest peak-to-trough decline	-10.29%	-11.98%	+1.69%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.41%	—
Current Drawdown Current decline from peak	-0.76%	-0.22%	-0.54%
Average Drawdown Average peak-to-trough decline	-1.51%	-1.00%	-0.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.79%	—

Volatility

Volatility by Period

	UXJL	BUFP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.95%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.82%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.90%	6.27%	+7.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.90%	9.49%	+4.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.90%	9.49%	+4.41%

UXJL vs. BUFP - Expense Ratio Comparison

UXJL has a 0.85% expense ratio, which is higher than BUFP's 0.50% expense ratio.

Dividends

UXJL vs. BUFP - Dividend Comparison

UXJL has not paid dividends to shareholders, while BUFP's dividend yield for the trailing twelve months is around 0.01%.

Position	TTM	2025	2024
BUFP PGIM Laddered S&P 500 Buffer 12 ETF	0.01%	0.01%	0.02%
UXJL FT Vest U.S. Equity Uncapped Accelerator ETF - July	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both UXJL and BUFP in my portfolio?

With a correlation of 0.94, UXJL and BUFP 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.

Which ETF is better, UXJL or BUFP?

On fees, BUFP 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, UXJL or BUFP?

BUFP is cheaper with a 0.50% expense ratio, compared with 0.85% for UXJL.

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

BUFP has the higher dividend yield at 0.01%, compared with 0.00% for UXJL.

What is the main difference between UXJL and BUFP?

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