Correlation
The correlation between BUFB and BUFR is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
BUFB vs. BUFR
Compare and contrast key facts about Innovator Laddered Allocation Buffer ETF (BUFB) and FT Cboe Vest Fund of Buffer ETFs (BUFR).
BUFB and BUFR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BUFB is a passively managed fund by Innovator that tracks the performance of the MerQube U.S. Large Cap Equity Buffer Laddered Index - Benchmark TR Gross. It was launched on Feb 8, 2022. BUFR is an actively managed fund by First Trust. It was launched on Aug 10, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BUFB or BUFR.
Performance
BUFB vs. BUFR - Performance Comparison
Loading data...
Key characteristics
BUFB:
0.73
BUFR:
0.74
BUFB:
1.05
BUFR:
1.02
BUFB:
1.16
BUFR:
1.16
BUFB:
0.65
BUFR:
0.62
BUFB:
2.72
BUFR:
2.64
BUFB:
3.30%
BUFR:
3.02%
BUFB:
13.53%
BUFR:
11.70%
BUFB:
-14.88%
BUFR:
-13.73%
BUFB:
-1.89%
BUFR:
-1.76%
Returns By Period
In the year-to-date period, BUFB achieves a 1.24% return, which is significantly higher than BUFR's 0.95% return.
BUFB
1.24%
4.20%
0.35%
9.38%
11.52%
N/A
N/A
BUFR
0.95%
3.88%
0.26%
8.12%
11.07%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BUFB vs. BUFR - Expense Ratio Comparison
BUFB has a 0.89% expense ratio, which is lower than BUFR's 1.05% expense ratio.
Risk-Adjusted Performance
BUFB vs. BUFR — Risk-Adjusted Performance Rank
BUFB
BUFR
BUFB vs. BUFR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Laddered Allocation Buffer ETF (BUFB) and FT Cboe Vest Fund of Buffer ETFs (BUFR). 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.
Loading data...
Dividends
BUFB vs. BUFR - Dividend Comparison
Neither BUFB nor BUFR has paid dividends to shareholders.
Drawdowns
BUFB vs. BUFR - Drawdown Comparison
The maximum BUFB drawdown since its inception was -14.88%, which is greater than BUFR's maximum drawdown of -13.73%. Use the drawdown chart below to compare losses from any high point for BUFB and BUFR.
Loading data...
Volatility
BUFB vs. BUFR - Volatility Comparison
Innovator Laddered Allocation Buffer ETF (BUFB) and FT Cboe Vest Fund of Buffer ETFs (BUFR) have volatilities of 3.44% and 3.33%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...