BKLC vs. BUFH

Last updated Jun 24, 2026

BKLC (BNY Mellon US Large Cap Core Equity ETF) and BUFH (FT Vest Laddered Max Buffer ETF) are both exchange-traded funds - BKLC is a Large Cap Blend Equities fund tracking the Morningstar US Large Cap Index, while BUFH is a Defined Outcome fund managed by First Trust. A 0.75 correlation means they provide meaningful diversification when combined. BKLC charges 0.00%/yr vs 0.95%/yr for BUFH.

Performance

BKLC vs. BUFH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon US Large Cap Core Equity ETF (BKLC) 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, BKLC achieves a 8.23% return, which is significantly higher than BUFH's 2.30% return.

BKLC

• 1D: -1.40%
• 1M: -1.17%
• YTD: 8.23%
• 6M: 7.30%
• 1Y: 23.79%
• 3Y*: 21.56%
• 5Y*: 13.37%
• 10Y*: —

BUFH

• 1D: -0.19%
• 1M: 0.02%
• YTD: 2.30%
• 6M: 2.33%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BKLC vs. BUFH - Yearly Performance Comparison

	2026 (YTD)	2025
BKLC BNY Mellon US Large Cap Core Equity ETF	8.23%	13.00%
BUFH FT Vest Laddered Max Buffer ETF	2.30%	3.81%

Correlation

The correlation between BKLC and BUFH is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 25, 2025	0.75

Return for Risk

BKLC vs. BUFH — Risk / Return Rank

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

BKLC

BKLC Risk / Return Rank: 58
BKLC Sharpe Ratio Rank: 58
BKLC Sortino Ratio Rank: 54
BKLC Omega Ratio Rank: 57
BKLC Calmar Ratio Rank: 55
BKLC Martin Ratio Rank: 66

BUFH

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

BKLC vs. BUFH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon US Large Cap Core Equity ETF (BKLC) 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.

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.

	BKLC	BUFH	Difference
Sharpe ratio: Return per unit of total volatility	1.87	—	—
Sortino ratio: Return per unit of downside risk	2.52	—	—
Omega ratio: Gain probability vs. loss probability	1.34	—	—
Calmar ratio: Return relative to maximum drawdown	2.62	—	—
Martin ratio: Return relative to average drawdown	11.54	—	—

Drawdowns

BKLC vs. BUFH - Drawdown Comparison

The maximum BKLC drawdown since its inception was -26.14%, which is greater than BUFH's maximum drawdown of -1.53%. Use the drawdown chart below to compare losses from any high point for BKLC and BUFH.

Drawdown Indicators

	BKLC	BUFH	Difference
Max Drawdown Largest peak-to-trough decline	-26.14%	-1.53%	-24.61%
Max Drawdown (1Y) Largest decline over 1 year	-9.10%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.05%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-26.14%	—	—
Current Drawdown Current decline from peak	-3.16%	-0.26%	-2.90%
Average Drawdown Average peak-to-trough decline	-5.24%	-0.18%	-5.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.07%	—	—

Volatility

Volatility by Period

	BKLC	BUFH	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.04%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.09%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.83%	2.38%	+10.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.28%	2.38%	+14.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.47%	2.38%	+15.09%

BKLC vs. BUFH - Expense Ratio Comparison

BKLC has a 0.00% expense ratio, which is lower than BUFH's 0.95% expense ratio.

Dividends

BKLC vs. BUFH - Dividend Comparison

BKLC's dividend yield for the trailing twelve months is around 1.04%, while BUFH has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
BKLC BNY Mellon US Large Cap Core Equity ETF	1.04%	1.05%	1.22%	1.35%	1.64%	1.10%	0.84%
BUFH FT Vest Laddered Max Buffer ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BKLC and BUFH in my portfolio?

BKLC and BUFH have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BKLC or BUFH?

On fees, BKLC is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BKLC or BUFH?

BKLC is cheaper with a 0.00% expense ratio, compared with 0.95% for BUFH.

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

BKLC has the higher dividend yield at 1.04%, compared with 0.00% for BUFH.

What is the main difference between BKLC and BUFH?

BKLC is categorized as Large Cap Blend Equities, while BUFH is Defined Outcome. They also come from different issuers: BNY Mellon and First Trust. Their fees differ too: 0.00% for BKLC and 0.95% for BUFH.