UXJL vs. JULP

Last updated Jul 17, 2026

UXJL (FT Vest U.S. Equity Uncapped Accelerator ETF - July) and JULP (PGIM S&P 500 Buffer 12 ETF - July) are both Defined Outcome funds. Both are actively managed. Their correlation of 0.91 suggests significant overlap in exposure. UXJL charges 0.85%/yr vs 0.50%/yr for JULP.

Performance

UXJL vs. JULP - 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 S&P 500 Buffer 12 ETF - July (JULP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UXJL achieves a 11.03% return, which is significantly higher than JULP's 6.32% return.

UXJL

• 1D: -0.65%
• 1M: 0.03%
• 6M: 9.39%
• YTD: 11.03%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JULP

• 1D: -0.30%
• 1M: 0.72%
• 6M: 5.57%
• YTD: 6.32%
• 1Y: 13.14%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

UXJL vs. JULP - Yearly Performance Comparison

	2026 (YTD)	2025
UXJL FT Vest U.S. Equity Uncapped Accelerator ETF - July	11.03%	8.62%
JULP PGIM S&P 500 Buffer 12 ETF - July	6.32%	6.04%

Correlation

The correlation between UXJL and JULP is 0.91, 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 21, 2025	0.91

Return for Risk

UXJL vs. JULP — Risk / Return Rank

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

UXJL

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

JULP

JULP Risk / Return Rank: 81
JULP Sharpe Ratio Rank: 77
JULP Sortino Ratio Rank: 79
JULP Omega Ratio Rank: 86
JULP Calmar Ratio Rank: 73
JULP Martin Ratio Rank: 90

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. JULP - 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 S&P 500 Buffer 12 ETF - July (JULP). 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.

	UXJL	JULP	Difference
Sharpe ratio: Return per unit of total volatility	—	1.95	—
Sortino ratio: Return per unit of downside risk	—	2.84	—
Omega ratio: Gain probability vs. loss probability	—	1.42	—
Calmar ratio: Return relative to maximum drawdown	—	2.95	—
Martin ratio: Return relative to average drawdown	—	16.14	—

Drawdowns

UXJL vs. JULP - Drawdown Comparison

The maximum UXJL drawdown since its inception was -10.29%, smaller than the maximum JULP drawdown of -12.36%. Use the drawdown chart below to compare losses from any high point for UXJL and JULP.

Drawdown Indicators

	UXJL	JULP	Difference
Max Drawdown Largest peak-to-trough decline	-10.29%	-12.36%	+2.07%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.47%	—
Current Drawdown Current decline from peak	-1.42%	-0.30%	-1.12%
Average Drawdown Average peak-to-trough decline	-1.61%	-1.04%	-0.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.82%	—

Volatility

Volatility by Period

	UXJL	JULP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.14%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.67%	—
Volatility (1Y) Calculated over the trailing 1-year period	14.41%	6.76%	+7.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.41%	9.73%	+4.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.41%	9.73%	+4.68%

UXJL vs. JULP - Expense Ratio Comparison

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

Dividends

UXJL vs. JULP - Dividend Comparison

Neither UXJL nor JULP has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both UXJL and JULP in my portfolio?

With a correlation of 0.91, UXJL and JULP 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 JULP?

On fees, JULP 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 JULP?

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

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

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

What is the main difference between UXJL and JULP?

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