XJUL vs. XIMR

Last updated Jul 2, 2026

XJUL (FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - July) and XIMR (FT Vest U.S. Equity Buffer & Premium Income ETF - March) are both Options Trading funds from FT Vest. Both are actively managed. Over the past year, XJUL returned 9.45% vs 7.78% for XIMR. A 0.65 correlation means they provide meaningful diversification when combined. Both charge a 0.85% expense ratio.

Performance

XJUL vs. XIMR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - July (XJUL) and FT Vest U.S. Equity Buffer & Premium Income ETF - March (XIMR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XJUL achieves a 4.19% return, which is significantly lower than XIMR's 4.50% return.

XJUL

• 1D: 0.02%
• 1M: 0.44%
• 6M: 4.19%
• YTD: 4.19%
• 1Y: 9.45%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XIMR

• 1D: 0.15%
• 1M: 0.21%
• 6M: 4.50%
• YTD: 4.50%
• 1Y: 7.78%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XJUL vs. XIMR - Yearly Performance Comparison

	2026 (YTD)	2025	2024
XJUL FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - July	4.19%	10.19%	7.36%
XIMR FT Vest U.S. Equity Buffer & Premium Income ETF - March	4.50%	6.80%	5.75%

Correlation

The correlation between XJUL and XIMR is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.66
Correlation (All Time) Calculated using the full available price history since Mar 19, 2024	0.65

The correlation between XJUL and XIMR has been stable across timeframes, ranging from 0.65 to 0.66 - a consistent structural relationship.

Return for Risk

XJUL vs. XIMR — Risk / Return Rank

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

XJUL

XJUL Risk / Return Rank: 87
XJUL Sharpe Ratio Rank: 84
XJUL Sortino Ratio Rank: 89
XJUL Omega Ratio Rank: 92
XJUL Calmar Ratio Rank: 78
XJUL Martin Ratio Rank: 92

XIMR

XIMR Risk / Return Rank: 97
XIMR Sharpe Ratio Rank: 97
XIMR Sortino Ratio Rank: 98
XIMR Omega Ratio Rank: 98
XIMR Calmar Ratio Rank: 96
XIMR Martin Ratio Rank: 98

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.

XJUL vs. XIMR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - July (XJUL) and FT Vest U.S. Equity Buffer & Premium Income ETF - March (XIMR). 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.

	XJUL	XIMR	Difference
Sharpe ratio: Return per unit of total volatility	2.30	3.85	-1.55
Sortino ratio: Return per unit of downside risk	3.44	6.93	-3.50
Omega ratio: Gain probability vs. loss probability	1.51	2.20	-0.69
Calmar ratio: Return relative to maximum drawdown	3.44	7.21	-3.77
Martin ratio: Return relative to average drawdown	18.72	57.27	-38.56

XJUL vs. XIMR - Sharpe Ratio Comparison

The current XJUL Sharpe Ratio is 2.30, which is lower than the XIMR Sharpe Ratio of 3.85. The chart below compares the historical Sharpe Ratios of XJUL and XIMR, 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

XJUL vs. XIMR - Drawdown Comparison

The maximum XJUL drawdown since its inception was -9.10%, which is greater than XIMR's maximum drawdown of -5.12%. Use the drawdown chart below to compare losses from any high point for XJUL and XIMR.

Drawdown Indicators

	XJUL	XIMR	Difference
Max Drawdown Largest peak-to-trough decline	-9.10%	-5.12%	-3.98%
Max Drawdown (1Y) Largest decline over 1 year	-2.76%	-1.08%	-1.68%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.56%	-0.17%	-0.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.51%	0.14%	+0.37%

Volatility

XJUL vs. XIMR - Volatility Comparison

The current volatility for FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - July (XJUL) is 0.48%, while FT Vest U.S. Equity Buffer & Premium Income ETF - March (XIMR) has a volatility of 0.77%. This indicates that XJUL experiences smaller price fluctuations and is considered to be less risky than XIMR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XJUL	XIMR	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.48%	0.77%	-0.29%
Volatility (6M) Calculated over the trailing 6-month period	3.16%	1.79%	+1.37%
Volatility (1Y) Calculated over the trailing 1-year period	4.13%	2.03%	+2.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.90%	4.32%	+2.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.90%	4.32%	+2.58%

XJUL vs. XIMR - Expense Ratio Comparison

Both XJUL and XIMR have an expense ratio of 0.85%.

Dividends

XJUL vs. XIMR - Dividend Comparison

XJUL has not paid dividends to shareholders, while XIMR's dividend yield for the trailing twelve months is around 6.54%.

Position	TTM	2025	2024
XIMR FT Vest U.S. Equity Buffer & Premium Income ETF - March	6.54%	6.41%	4.44%
XJUL FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - July	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XJUL and XIMR in my portfolio?

XJUL and XIMR have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XJUL or XIMR?

XIMR has higher volatility (0.77%) compared to XJUL (0.48%). In terms of maximum drawdown, XJUL dropped -9.10% vs XIMR's -5.12%.

Which ETF is better, XJUL or XIMR?

On 1-year performance, XJUL leads with 9.45% vs 7.78% for XIMR. Both ETFs have the same 0.85% expense ratio. On volatility, XJUL has been the lower-risk option at 0.48%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XJUL or XIMR?

Over the 1-year period, XJUL has performed better with a 9.45% return vs 7.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XJUL or XIMR?

XJUL and XIMR have the same expense ratio: 0.85% per year.

Which ETF pays a higher dividend yield, XJUL or XIMR?

XIMR has the higher dividend yield at 6.54%, compared with 0.00% for XJUL.

Which has better risk-adjusted returns?

XIMR currently has the higher Sharpe Ratio (3.85 vs 2.30), 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.