UXJL vs. NFTY

Last updated Jun 24, 2026

UXJL (FT Vest U.S. Equity Uncapped Accelerator ETF - July) and NFTY (First Trust India NIFTY 50 Equal Weight ETF) are both exchange-traded funds - UXJL is a Defined Outcome fund actively managed by First Trust, while NFTY is a Asia Pacific Equities fund tracking the NIFTY 50 Equal Weight Index. UXJL is actively managed, while NFTY is passively managed. At a 0.46 correlation, their price movements are largely independent. UXJL charges 0.85%/yr vs 0.80%/yr for NFTY.

Performance

UXJL 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 - July (UXJL) 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, UXJL achieves a 8.46% return, which is significantly higher than NFTY's -7.30% return.

UXJL

• 1D: -1.53%
• 1M: -1.62%
• YTD: 8.46%
• 6M: 7.35%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NFTY

• 1D: -1.31%
• 1M: 1.01%
• YTD: -7.30%
• 6M: -7.62%
• 1Y: -6.58%
• 3Y*: 6.30%
• 5Y*: 5.79%
• 10Y*: 8.36%

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

UXJL vs. NFTY - Yearly Performance Comparison

	2026 (YTD)	2025
UXJL FT Vest U.S. Equity Uncapped Accelerator ETF - July	8.46%	8.62%
NFTY First Trust India NIFTY 50 Equal Weight ETF	-7.30%	0.56%

Correlation

The correlation between UXJL and NFTY is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 21, 2025	0.46

Return for Risk

UXJL vs. NFTY — 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.

NFTY

NFTY Risk / Return Rank: 5
NFTY Sharpe Ratio Rank: 5
NFTY Sortino Ratio Rank: 5
NFTY Omega Ratio Rank: 5
NFTY Calmar Ratio Rank: 5
NFTY Martin Ratio Rank: 4

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. NFTY - 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 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.

	UXJL	NFTY	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.45	—
Sortino ratio: Return per unit of downside risk	—	-0.58	—
Omega ratio: Gain probability vs. loss probability	—	0.94	—
Calmar ratio: Return relative to maximum drawdown	—	-0.41	—
Martin ratio: Return relative to average drawdown	—	-1.01	—

Drawdowns

UXJL vs. NFTY - Drawdown Comparison

The maximum UXJL drawdown since its inception was -10.29%, smaller than the maximum NFTY drawdown of -47.67%. Use the drawdown chart below to compare losses from any high point for UXJL and NFTY.

Drawdown Indicators

	UXJL	NFTY	Difference
Max Drawdown Largest peak-to-trough decline	-10.29%	-47.67%	+37.38%
Max Drawdown (1Y) Largest decline over 1 year	—	-16.14%	—
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	-3.71%	-15.26%	+11.55%
Average Drawdown Average peak-to-trough decline	-1.58%	-9.60%	+8.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.56%	—

Volatility

Volatility by Period

	UXJL	NFTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.23%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.75%	—
Volatility (1Y) Calculated over the trailing 1-year period	14.58%	14.75%	-0.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.58%	17.41%	-2.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.58%	20.72%	-6.14%

UXJL vs. NFTY - Expense Ratio Comparison

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

Dividends

UXJL vs. NFTY - Dividend Comparison

UXJL has not paid dividends to shareholders, while NFTY's dividend yield for the trailing twelve months is around 1.91%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NFTY First Trust India NIFTY 50 Equal Weight ETF	1.91%	1.24%	1.61%	0.13%	5.89%	1.53%	0.61%	0.97%	0.00%	4.10%	3.28%	4.39%
UXJL FT Vest U.S. Equity Uncapped Accelerator ETF - July	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 UXJL and NFTY in my portfolio?

UXJL and NFTY 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.

Which ETF is better, UXJL or NFTY?

On fees, NFTY is cheaper at 0.80% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UXJL or NFTY?

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

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

NFTY has the higher dividend yield at 1.91%, compared with 0.00% for UXJL.

What is the main difference between UXJL and NFTY?

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