ADPV vs. BUFH

Last updated Jun 4, 2026

ADPV (Adaptiv Select ETF) and BUFH (FT Vest Laddered Max Buffer ETF) are both exchange-traded funds - ADPV is a Large Cap Blend Equities fund actively managed by Adaptiv, while BUFH is a Defined Outcome fund managed by First Trust. At a 0.44 correlation, their price movements are largely independent. ADPV charges 1.00%/yr vs 0.95%/yr for BUFH.

Performance

ADPV vs. BUFH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Adaptiv Select ETF (ADPV) and FT Vest Laddered Max Buffer ETF (BUFH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ADPV achieves a 10.73% return, which is significantly higher than BUFH's 2.45% return.

ADPV

• 1D: 0.06%
• 1M: 6.65%
• YTD: 10.73%
• 6M: 11.05%
• 1Y: 39.30%
• 3Y*: 27.04%
• 5Y*: —
• 10Y*: —

BUFH

• 1D: -0.05%
• 1M: 0.75%
• YTD: 2.45%
• 6M: 2.82%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ADPV vs. BUFH - Yearly Performance Comparison

	2026 (YTD)	2025
ADPV Adaptiv Select ETF	10.73%	19.93%
BUFH FT Vest Laddered Max Buffer ETF	2.45%	3.89%

Correlation

The correlation between ADPV and BUFH is 0.44, 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 Jun 26, 2025	0.44

Return for Risk

ADPV vs. BUFH — Risk / Return Rank

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

ADPV

ADPV Risk / Return Rank: 47
ADPV Sharpe Ratio Rank: 46
ADPV Sortino Ratio Rank: 43
ADPV Omega Ratio Rank: 43
ADPV Calmar Ratio Rank: 56
ADPV Martin Ratio Rank: 50

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.

ADPV vs. BUFH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Adaptiv Select ETF (ADPV) and FT Vest Laddered Max Buffer ETF (BUFH). 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.

	ADPV	BUFH	Difference
Sharpe ratio: Return per unit of total volatility	1.64	—	—
Sortino ratio: Return per unit of downside risk	2.19	—	—
Omega ratio: Gain probability vs. loss probability	1.28	—	—
Calmar ratio: Return relative to maximum drawdown	2.84	—	—
Martin ratio: Return relative to average drawdown	8.42	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ADPV	BUFH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.64	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.98	2.91	-1.93

Drawdowns

ADPV vs. BUFH - Drawdown Comparison

The maximum ADPV drawdown since its inception was -22.30%, which is greater than BUFH's maximum drawdown of -1.53%. Use the drawdown chart below to compare losses from any high point for ADPV and BUFH.

Drawdown Indicators

	ADPV	BUFH	Difference
Max Drawdown Largest peak-to-trough decline	-22.30%	-1.53%	-20.77%
Max Drawdown (1Y) Largest decline over 1 year	-13.88%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-22.30%	—	—
Current Drawdown Current decline from peak	0.00%	-0.05%	+0.05%
Average Drawdown Average peak-to-trough decline	-5.47%	-0.18%	-5.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.68%	—	—

Volatility

Volatility by Period

	ADPV	BUFH	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.94%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.94%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	24.10%	2.37%	+21.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.84%	2.37%	+18.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.84%	2.37%	+18.47%

ADPV vs. BUFH - Expense Ratio Comparison

ADPV has a 1.00% expense ratio, which is higher than BUFH's 0.95% expense ratio.

Dividends

ADPV vs. BUFH - Dividend Comparison

ADPV's dividend yield for the trailing twelve months is around 0.63%, while BUFH has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
ADPV Adaptiv Select ETF	0.63%	0.70%	0.67%	0.22%	0.25%
BUFH FT Vest Laddered Max Buffer ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ADPV and BUFH in my portfolio?

ADPV and BUFH have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ADPV or BUFH?

On fees, BUFH is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ADPV or BUFH?

BUFH is cheaper with a 0.95% expense ratio, compared with 1.00% for ADPV.

Which ETF pays a higher dividend yield, ADPV or BUFH?

ADPV has the higher dividend yield at 0.63%, compared with 0.00% for BUFH.

What is the main difference between ADPV and BUFH?

ADPV is categorized as Large Cap Blend Equities, while BUFH is Defined Outcome. They also come from different issuers: Adaptiv and First Trust. Their fees differ too: 1.00% for ADPV and 0.95% for BUFH.