BUFF vs. DGRW
Compare and contrast key facts about Innovator Laddered Fund of U.S. Equity Power Buffer ETF (BUFF) and WisdomTree U.S. Dividend Growth Fund (DGRW).
BUFF and DGRW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. DGRW is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree U.S. Dividend Growth Index. It was launched on May 22, 2013. Both BUFF and DGRW are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BUFF or DGRW.
Key characteristics
| BUFF | DGRW | |
|---|---|---|
| YTD Return | 12.18% | 22.00% |
| 1Y Return | 16.28% | 29.39% |
| 3Y Return (Ann) | 7.97% | 12.13% |
| 5Y Return (Ann) | 4.23% | 14.57% |
| Sharpe Ratio | 3.51 | 2.98 |
| Sortino Ratio | 5.22 | 4.14 |
| Omega Ratio | 1.75 | 1.56 |
| Calmar Ratio | 5.41 | 5.06 |
| Martin Ratio | 32.27 | 19.22 |
| Ulcer Index | 0.55% | 1.65% |
| Daily Std Dev | 5.01% | 10.63% |
| Max Drawdown | -46.23% | -32.04% |
| Current Drawdown | -0.02% | -1.12% |
Correlation
The correlation between BUFF and DGRW is 0.77, 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
BUFF vs. DGRW - Performance Comparison
In the year-to-date period, BUFF achieves a 12.18% return, which is significantly lower than DGRW's 22.00% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BUFF vs. DGRW - Expense Ratio Comparison
BUFF has a 0.99% expense ratio, which is higher than DGRW's 0.28% expense ratio.
Risk-Adjusted Performance
BUFF vs. DGRW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Laddered Fund of U.S. Equity Power Buffer ETF (BUFF) and WisdomTree U.S. Dividend Growth Fund (DGRW). 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
BUFF vs. DGRW - Dividend Comparison
BUFF has not paid dividends to shareholders, while DGRW's dividend yield for the trailing twelve months is around 1.50%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% | 0.00% | 0.00% |
DGRW WisdomTree U.S. Dividend Growth Fund | 1.50% | 1.74% | 2.15% | 1.78% | 1.91% | 2.20% | 2.42% | 1.73% | 2.13% | 2.18% | 1.79% | 1.06% |
Drawdowns
BUFF vs. DGRW - Drawdown Comparison
The maximum BUFF drawdown since its inception was -46.23%, which is greater than DGRW's maximum drawdown of -32.04%. Use the drawdown chart below to compare losses from any high point for BUFF and DGRW. For additional features, visit the drawdowns tool.
Volatility
BUFF vs. DGRW - Volatility Comparison
The current volatility for Innovator Laddered Fund of U.S. Equity Power Buffer ETF (BUFF) is 1.23%, while WisdomTree U.S. Dividend Growth Fund (DGRW) has a volatility of 3.41%. This indicates that BUFF experiences smaller price fluctuations and is considered to be less risky than DGRW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.