ETJ vs FJAN
Eaton Vance Risk-Managed Diversified Equity Income Fund vs FT Vest US Equity Buffer ETF - January
Which is better, ETJ or FJAN?
FJAN has been ahead.
FJAN has a lower expense ratio. FJAN led over 1Y, 3Y, 5Y and the full window.
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 | ETJ | FJAN |
|---|---|---|
| Expense Ratio | 1.11% | 0.85%Best |
| AUM | $614M | $1.5B |
| Dividend Yield | 8.55% | 0.00% |
| Holdings | 74 | 10 |
| YTD Return | -1.86% | +9.94%Best |
| 1Y Return | -1.01% | +13.94%Best |
| 3Y Return (annualized) | +10.94% | +15.36%Best |
| 5Y Return (annualized) | +2.70% | +11.20%Best |
| Volatility (annualized) | 13.8% | 9.1%Best |
| Max Drawdown | -28.6% | -13.6%Best |
| $10,000 over 5 years | $11,425 | $17,003Best |
| Fund Family | Eaton Vance | First Trust Portfolios (US) |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jul 31, 2007 | Jan 15, 2021 |
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).
ETJ vs FJAN 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.
ETJ vs FJAN Performance
Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) is an ETF from Eaton Vance and FT Vest US Equity Buffer ETF - January (FJAN) is an ETF from First Trust Portfolios (US). Over the past year ETJ returned -1.01% while FJAN returned +13.94%. Year to date, ETJ is down 1.86% versus a gain of 9.94% for FJAN.
Over three years, ETJ compounded at +10.94% per year against +15.36% for FJAN; over five years the annualized figures are +2.70% and +11.20% respectively. Across the full 6-year window we track, FJAN has the edge at +11.64% annualized vs +4.22%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ETJ has been the more volatile fund, with annualized monthly volatility of 13.8% compared with 9.1% for FJAN. 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 -28.6% for ETJ and -13.6% for FJAN. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ETJ charges 1.11% per year while FJAN charges 0.85%. On a $10,000 position that is $111 vs $85 annually, a gap of $26 per year that compounds over a long holding period. On income, ETJ currently yields 8.55% against 0.00% for FJAN.
You are not choosing between two funds in isolation.
Whichever of ETJ and FJAN you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ETJ or FJAN?
ETJ has an expense ratio of 1.11% while FJAN charges 0.85%. FJAN is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, ETJ or FJAN?
Over the past year ETJ returned -1.01% vs +13.94% for FJAN, so FJAN leads on 1-year performance. Over the longest common window we track (6 years), ETJ annualized +4.22% vs +11.64% for FJAN. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ETJ or FJAN?
ETJ has been the more volatile fund at 13.8% annualized versus 9.1% for FJAN. Worst drawdown: ETJ -28.6% vs FJAN -13.6%.
Should I hold both ETJ and FJAN?
ETJ and FJAN have a monthly-return correlation of 0.80, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, ETJ or FJAN?
ETJ yields 8.55% while FJAN yields 0.00%, so ETJ currently pays the higher dividend yield.
Is FJAN better than ETJ?
FJAN has a lower expense ratio. FJAN led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.