BUFD vs. PHEQ
Compare and contrast key facts about FT Cboe Vest Fund of Deep Buffer ETF (BUFD) and Parametric Hedged Equity ETF (PHEQ).
BUFD and PHEQ 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. PHEQ is an actively managed fund by Parametric. It was launched on Oct 16, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BUFD or PHEQ.
Correlation
The correlation between BUFD and PHEQ is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BUFD vs. PHEQ - Performance Comparison
Key characteristics
BUFD:
2.24
PHEQ:
2.59
BUFD:
3.05
PHEQ:
3.63
BUFD:
1.44
PHEQ:
1.55
BUFD:
3.77
PHEQ:
3.72
BUFD:
20.92
PHEQ:
20.39
BUFD:
0.60%
PHEQ:
0.75%
BUFD:
5.63%
PHEQ:
5.91%
BUFD:
-10.75%
PHEQ:
-4.11%
BUFD:
-0.04%
PHEQ:
0.00%
Returns By Period
In the year-to-date period, BUFD achieves a 1.72% return, which is significantly lower than PHEQ's 2.17% return.
BUFD
1.72%
1.72%
6.39%
13.36%
N/A
N/A
PHEQ
2.17%
2.17%
9.33%
15.53%
N/A
N/A
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BUFD vs. PHEQ - Expense Ratio Comparison
BUFD has a 1.05% expense ratio, which is higher than PHEQ's 0.29% expense ratio.
Risk-Adjusted Performance
BUFD vs. PHEQ — Risk-Adjusted Performance Rank
BUFD
PHEQ
BUFD vs. PHEQ - 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 Parametric Hedged Equity ETF (PHEQ). 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. PHEQ - Dividend Comparison
BUFD has not paid dividends to shareholders, while PHEQ's dividend yield for the trailing twelve months is around 1.37%.
| TTM | 2024 | 2023 | |
|---|---|---|---|
BUFD FT Cboe Vest Fund of Deep Buffer ETF | 0.00% | 0.00% | 0.00% |
PHEQ Parametric Hedged Equity ETF | 1.37% | 1.40% | 1.72% |
Drawdowns
BUFD vs. PHEQ - Drawdown Comparison
The maximum BUFD drawdown since its inception was -10.75%, which is greater than PHEQ's maximum drawdown of -4.11%. Use the drawdown chart below to compare losses from any high point for BUFD and PHEQ. For additional features, visit the drawdowns tool.
Volatility
BUFD vs. PHEQ - Volatility Comparison
FT Cboe Vest Fund of Deep Buffer ETF (BUFD) and Parametric Hedged Equity ETF (PHEQ) have volatilities of 2.14% and 2.17%, 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.