APUE vs. BUFX

Last updated Jun 4, 2026

APUE (ActivePassive U.S. Equity ETF) and BUFX (FT Vest Laddered Enhance & Moderate Buffer ETF) are both exchange-traded funds - APUE is a Large Cap Blend Equities fund actively managed by ActivePassive, while BUFX is a Defined Outcome fund managed by First Trust. Their correlation of 0.90 suggests significant overlap in exposure. APUE charges 0.33%/yr vs 0.96%/yr for BUFX.

Performance

APUE vs. BUFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ActivePassive U.S. Equity ETF (APUE) and FT Vest Laddered Enhance & Moderate Buffer ETF (BUFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, APUE achieves a 10.99% return, which is significantly higher than BUFX's 4.10% return.

APUE

• 1D: -0.58%
• 1M: 4.97%
• YTD: 10.99%
• 6M: 11.14%
• 1Y: 29.02%
• 3Y*: 22.12%
• 5Y*: —
• 10Y*: —

BUFX

• 1D: -0.05%
• 1M: 1.35%
• YTD: 4.10%
• 6M: 4.88%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

APUE vs. BUFX - Yearly Performance Comparison

	2026 (YTD)	2025
APUE ActivePassive U.S. Equity ETF	10.99%	13.95%
BUFX FT Vest Laddered Enhance & Moderate Buffer ETF	4.10%	5.62%

Correlation

The correlation between APUE and BUFX is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	0.90

Return for Risk

APUE vs. BUFX — Risk / Return Rank

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

APUE

APUE Risk / Return Rank: 73
APUE Sharpe Ratio Rank: 74
APUE Sortino Ratio Rank: 73
APUE Omega Ratio Rank: 73
APUE Calmar Ratio Rank: 66
APUE Martin Ratio Rank: 78

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.

APUE vs. BUFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ActivePassive U.S. Equity ETF (APUE) and FT Vest Laddered Enhance & Moderate Buffer ETF (BUFX). 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.

	APUE	BUFX	Difference
Sharpe ratio: Return per unit of total volatility	2.39	—	—
Sortino ratio: Return per unit of downside risk	3.29	—	—
Omega ratio: Gain probability vs. loss probability	1.43	—	—
Calmar ratio: Return relative to maximum drawdown	3.24	—	—
Martin ratio: Return relative to average drawdown	15.17	—	—
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

	APUE	BUFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.39	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.61	2.68	-1.07

Drawdowns

APUE vs. BUFX - Drawdown Comparison

The maximum APUE drawdown since its inception was -18.83%, which is greater than BUFX's maximum drawdown of -2.87%. Use the drawdown chart below to compare losses from any high point for APUE and BUFX.

Drawdown Indicators

	APUE	BUFX	Difference
Max Drawdown Largest peak-to-trough decline	-18.83%	-2.87%	-15.96%
Max Drawdown (1Y) Largest decline over 1 year	-8.98%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.83%	—	—
Current Drawdown Current decline from peak	-0.58%	-0.07%	-0.51%
Average Drawdown Average peak-to-trough decline	-2.07%	-0.24%	-1.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.92%	—	—

Volatility

Volatility by Period

	APUE	BUFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.84%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.08%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.20%	3.98%	+8.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.65%	3.98%	+10.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.65%	3.98%	+10.67%

APUE vs. BUFX - Expense Ratio Comparison

APUE has a 0.33% expense ratio, which is lower than BUFX's 0.96% expense ratio.

Dividends

APUE vs. BUFX - Dividend Comparison

APUE's dividend yield for the trailing twelve months is around 0.75%, while BUFX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
APUE ActivePassive U.S. Equity ETF	0.75%	0.83%	0.79%	0.41%
BUFX FT Vest Laddered Enhance & Moderate Buffer ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both APUE and BUFX in my portfolio?

With a correlation of 0.90, APUE and BUFX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, APUE or BUFX?

On fees, APUE is cheaper at 0.33% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, APUE or BUFX?

APUE is cheaper with a 0.33% expense ratio, compared with 0.96% for BUFX.

Which ETF pays a higher dividend yield, APUE or BUFX?

APUE has the higher dividend yield at 0.75%, compared with 0.00% for BUFX.

What is the main difference between APUE and BUFX?

APUE is categorized as Large Cap Blend Equities, while BUFX is Defined Outcome. They also come from different issuers: ActivePassive and First Trust. Their fees differ too: 0.33% for APUE and 0.96% for BUFX.