BUFD vs. BUFF
Compare and contrast key facts about FT Cboe Vest Fund of Deep Buffer ETF (BUFD) and Innovator Laddered Fund of U.S. Equity Power Buffer ETF (BUFF).
BUFD and BUFF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BUFD is an actively managed fund by First Trust. It was launched on Jan 20, 2021. BUFF is a passively managed fund by Innovator that tracks the performance of the Refinitiv Laddered Power Buffer Strategy Index. It was launched on Oct 20, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BUFD or BUFF.
Key characteristics
| BUFD | BUFF | |
|---|---|---|
| YTD Return | 12.38% | 12.18% |
| 1Y Return | 16.11% | 16.28% |
| 3Y Return (Ann) | 6.38% | 7.97% |
| Sharpe Ratio | 3.29 | 3.51 |
| Sortino Ratio | 4.61 | 5.22 |
| Omega Ratio | 1.69 | 1.75 |
| Calmar Ratio | 5.25 | 5.41 |
| Martin Ratio | 31.18 | 32.27 |
| Ulcer Index | 0.56% | 0.55% |
| Daily Std Dev | 5.32% | 5.01% |
| Max Drawdown | -10.75% | -46.23% |
| Current Drawdown | -0.04% | -0.02% |
Correlation
The correlation between BUFD and BUFF is 0.83, 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.
Performance
BUFD vs. BUFF - Performance Comparison
The year-to-date returns for both stocks are quite close, with BUFD having a 12.38% return and BUFF slightly lower at 12.18%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BUFD vs. BUFF - Expense Ratio Comparison
BUFD has a 1.05% expense ratio, which is higher than BUFF's 0.99% expense ratio.
Risk-Adjusted Performance
BUFD vs. BUFF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest Fund of Deep Buffer ETF (BUFD) and Innovator Laddered Fund of U.S. Equity Power Buffer ETF (BUFF). 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.
Dividends
BUFD vs. BUFF - Dividend Comparison
Neither BUFD nor BUFF has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
BUFD FT Cboe Vest Fund of Deep Buffer ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BUFF Innovator Laddered Fund of U.S. Equity Power Buffer ETF | 0.00% | 0.00% | 0.00% | 0.00% | 1.78% | 1.68% | 1.74% | 1.55% | 0.18% |
Drawdowns
BUFD vs. BUFF - Drawdown Comparison
The maximum BUFD drawdown since its inception was -10.75%, smaller than the maximum BUFF drawdown of -46.23%. Use the drawdown chart below to compare losses from any high point for BUFD and BUFF. For additional features, visit the drawdowns tool.
Volatility
BUFD vs. BUFF - Volatility Comparison
FT Cboe Vest Fund of Deep Buffer ETF (BUFD) has a higher volatility of 1.48% compared to Innovator Laddered Fund of U.S. Equity Power Buffer ETF (BUFF) at 1.23%. This indicates that BUFD's price experiences larger fluctuations and is considered to be riskier than BUFF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.