BUFBX vs. BUFTX
BUFBX (Buffalo Flexible Income Fund) and BUFTX (Buffalo Discovery Fund) are both mutual funds - BUFBX is a Large Cap Value Equities fund managed by Buffalo, while BUFTX is a Mid Cap Growth Equities fund managed by Buffalo. Over the past 10 years, BUFBX returned 9.83%/yr vs 7.17%/yr for BUFTX. Their 0.72 correlation means they have sometimes moved together and sometimes differently. BUFBX charges 1.01%/yr vs 1.00%/yr for BUFTX.
Performance
BUFBX vs. BUFTX - Performance Comparison
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Returns By Period
In the year-to-date period, BUFBX achieves a 14.75% return, which is significantly higher than BUFTX's -2.93% return. Over the past 10 years, BUFBX has outperformed BUFTX with an annualized return of 9.83%, while BUFTX has yielded a comparatively lower 7.17% annualized return.
BUFBX
- 1D
- 0.00%
- 1M
- 3.93%
- 6M
- 9.24%
- YTD
- 14.75%
- 1Y
- 20.23%
- 3Y*
- 13.29%
- 5Y*
- 11.71%
- 10Y*
- 9.83%
- ALL TIME*
- 7.89%
BUFTX
- 1D
- 2.42%
- 1M
- -0.87%
- 6M
- 1.00%
- YTD
- -2.93%
- 1Y
- -8.70%
- 3Y*
- 2.96%
- 5Y*
- -2.05%
- 10Y*
- 7.17%
- ALL TIME*
- 8.08%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
BUFBX vs. BUFTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BUFBX Buffalo Flexible Income Fund | 14.75% | 10.37% | 10.26% | 7.42% | 3.97% | 29.97% | -2.27% | 18.76% | -7.01% | 13.20% |
BUFTX Buffalo Discovery Fund | -2.93% | -1.83% | 5.31% | 24.30% | -28.78% | 11.55% | 33.90% | 31.62% | -6.52% | 25.43% |
Correlation
The correlation between BUFBX and BUFTX is 0.19, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.19 |
Correlation (3Y) Balances recent behavior with more history. | 0.48 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.58 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.63 |
Correlation (All Time) Calculated using the full available price history since Apr 16, 2001 | 0.72 |
Over the past year, the correlation between BUFBX and BUFTX has dropped to 0.19 - well below their long-term average of 0.72, suggesting their price drivers have been diverging.
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Return for Risk
BUFBX vs. BUFTX — Risk / Return Rank
BUFBX
BUFTX
BUFBX vs. BUFTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Buffalo Flexible Income Fund (BUFBX) and Buffalo Discovery Fund (BUFTX). 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.
| BUFBX | BUFTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.59 | ||
| Sortino ratioReturn per unit of downside risk | +3.53 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 0.95 | +0.44 |
| Calmar ratioReturn relative to maximum drawdown | 4.76 | -0.39 | +5.15 |
| Martin ratioReturn relative to average drawdown | 15.37 | -0.85 | +16.22 |
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Drawdowns
BUFBX vs. BUFTX - Drawdown Comparison
The maximum BUFBX drawdown since its inception was -39.78%, smaller than the maximum BUFTX drawdown of -60.45%. Use the drawdown chart below to compare losses from any high point for BUFBX and BUFTX.
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Drawdown Indicators
| BUFBX | BUFTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.78% | -60.45% | +20.67% |
Max Drawdown (1Y)Largest decline over 1 year | -4.45% | -17.96% | +13.51% |
Max Drawdown (3Y)Largest decline over 3 years | -12.85% | -22.10% | +9.25% |
Max Drawdown (5Y)Largest decline over 5 years | -14.67% | -36.36% | +21.69% |
Max Drawdown (10Y)Largest decline over 10 years | -35.51% | -36.36% | +0.85% |
Current DrawdownCurrent decline from peak | 0.00% | -13.91% | +13.91% |
Average DrawdownAverage peak-to-trough decline | -4.71% | -11.34% | +6.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.38% | 8.32% | -6.94% |
Volatility
BUFBX vs. BUFTX - Volatility Comparison
The current volatility for Buffalo Flexible Income Fund (BUFBX) is 3.55%, while Buffalo Discovery Fund (BUFTX) has a volatility of 6.19%. This indicates that BUFBX experiences smaller price fluctuations and is considered to be less risky than BUFTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BUFBX | BUFTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.55% | 6.19% | -2.64% |
Volatility (6M)Calculated over the trailing 6-month period | 7.70% | 13.71% | -6.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.76% | 16.96% | -7.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.46% | 21.32% | -7.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.61% | 20.47% | -4.86% |
BUFBX vs. BUFTX - Expense Ratio Comparison
BUFBX has a 1.01% expense ratio, which is higher than BUFTX's 1.00% expense ratio.
Dividends
BUFBX vs. BUFTX - Dividend Comparison
BUFBX's dividend yield for the trailing twelve months is around 7.94%, less than BUFTX's 21.78% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BUFBX Buffalo Flexible Income Fund | 7.94% | 9.10% | 3.77% | 3.48% | 4.16% | 5.57% | 3.33% | 2.73% | 6.01% | 5.49% | 2.39% | 3.67% |
BUFTX Buffalo Discovery Fund | 21.78% | 21.15% | 10.00% | 0.00% | 7.08% | 15.11% | 7.98% | 14.81% | 7.01% | 4.64% | 0.00% | 7.56% |
Frequently Asked Questions
BUFBX and BUFTX have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BUFTX has higher volatility (6.19%) compared to BUFBX (3.55%). In terms of maximum drawdown, BUFBX dropped -39.78% vs BUFTX's -60.45%.
BUFBX currently has the higher Sharpe Ratio (2.17 vs -0.42), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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