DJAN vs UPRO
FT Vest US Equity Deep Buffer ETF - January vs ProShares UltraPro S&P 500
Which is better, DJAN or UPRO?
UPRO has been ahead.
DJAN has a lower expense ratio. UPRO led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.90.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DJAN | UPRO |
|---|---|---|
| Expense Ratio | 0.85%Best | 0.88% |
| AUM | $455M | $5.7B |
| Dividend Yield | 0.00% | 0.77% |
| Holdings | 10 | 520 |
| YTD Return | +7.90% | +29.25%Best |
| 1Y Return | +11.42% | +38.25%Best |
| 3Y Return (annualized) | +12.54% | +51.43%Best |
| 5Y Return (annualized) | +7.97% | +19.36%Best |
| Volatility (annualized) | 6.4%Best | 45.6% |
| Max Drawdown | -9.6%Best | -64.0% |
| $10,000 over 5 years | $14,673 | $24,227Best |
| Fund Family | First Trust Portfolios (US) | ProShares |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jan 15, 2021 | Jun 23, 2009 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jan 19, 2021 to Oct 14, 2026 (5.7 years).
DJAN vs UPRO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5.7 years both funds cover.
DJAN vs UPRO Performance
FT Vest US Equity Deep Buffer ETF - January (DJAN) is an ETF from First Trust Portfolios (US) and ProShares UltraPro S&P 500 (UPRO) is an ETF from ProShares. Over the past year DJAN returned +11.42% while UPRO returned +38.25%. Year to date, DJAN is up 7.90% versus a gain of 29.25% for UPRO.
Over three years, DJAN compounded at +12.54% per year against +51.43% for UPRO; over five years the annualized figures are +7.97% and +19.36% respectively. Across the full 6-year window we track, UPRO has the edge at +26.09% annualized vs +7.97%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UPRO has been the more volatile fund, with annualized monthly volatility of 45.6% compared with 6.4% for DJAN. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -9.6% for DJAN and -64.0% for UPRO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
DJAN charges 0.85% per year while UPRO charges 0.88%. On a $10,000 position that is $85 vs $88 annually, a gap of $3 per year that compounds over a long holding period. On income, DJAN currently yields 0.00% against 0.77% for UPRO.
You are not choosing between two funds in isolation.
Whichever of DJAN and UPRO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
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Frequently Asked Questions
Which is cheaper, DJAN or UPRO?
DJAN has an expense ratio of 0.85% while UPRO charges 0.88%. DJAN is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, DJAN or UPRO?
Over the past year DJAN returned +11.42% vs +38.25% for UPRO, so UPRO leads on 1-year performance. Over the longest common window we track (6 years), DJAN annualized +7.97% vs +26.09% for UPRO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DJAN or UPRO?
UPRO has been the more volatile fund at 45.6% annualized versus 6.4% for DJAN. Worst drawdown: DJAN -9.6% vs UPRO -64.0%.
Should I hold both DJAN and UPRO?
DJAN and UPRO have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, DJAN or UPRO?
DJAN yields 0.00% while UPRO yields 0.77%, so UPRO currently pays the higher dividend yield.
Is UPRO better than DJAN?
DJAN has a lower expense ratio. UPRO led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.90. Which one suits a particular account depends on what it is for. This is information, not a recommendation.