BUFF vs. MAFIX
Compare and contrast key facts about Innovator Laddered Fund of U.S. Equity Power Buffer ETF (BUFF) and Abbey Capital Multi Asset Fund Class I (MAFIX).
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. MAFIX is managed by Abbey Capital. It was launched on Apr 11, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BUFF or MAFIX.
Key characteristics
| BUFF | MAFIX | |
|---|---|---|
| YTD Return | 12.17% | 8.93% |
| 1Y Return | 17.48% | 9.26% |
| 3Y Return (Ann) | 7.99% | 5.08% |
| 5Y Return (Ann) | 4.36% | 11.72% |
| Sharpe Ratio | 3.66 | 0.82 |
| Sortino Ratio | 5.50 | 1.16 |
| Omega Ratio | 1.79 | 1.16 |
| Calmar Ratio | 4.52 | 0.85 |
| Martin Ratio | 34.20 | 2.36 |
| Ulcer Index | 0.55% | 4.69% |
| Daily Std Dev | 5.02% | 13.49% |
| Max Drawdown | -46.23% | -13.28% |
| Current Drawdown | -0.03% | -5.50% |
Correlation
The correlation between BUFF and MAFIX is 0.57, 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
BUFF vs. MAFIX - Performance Comparison
In the year-to-date period, BUFF achieves a 12.17% return, which is significantly higher than MAFIX's 8.93% 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. MAFIX - Expense Ratio Comparison
BUFF has a 0.99% expense ratio, which is lower than MAFIX's 1.79% expense ratio.
Risk-Adjusted Performance
BUFF vs. MAFIX - 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 Abbey Capital Multi Asset Fund Class I (MAFIX). 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. MAFIX - Dividend Comparison
BUFF has not paid dividends to shareholders, while MAFIX's dividend yield for the trailing twelve months is around 0.91%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
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% |
MAFIX Abbey Capital Multi Asset Fund Class I | 0.91% | 0.99% | 3.84% | 3.04% | 1.64% | 10.10% | 9.36% | 0.00% | 0.00% |
Drawdowns
BUFF vs. MAFIX - Drawdown Comparison
The maximum BUFF drawdown since its inception was -46.23%, which is greater than MAFIX's maximum drawdown of -13.28%. Use the drawdown chart below to compare losses from any high point for BUFF and MAFIX. For additional features, visit the drawdowns tool.
Volatility
BUFF vs. MAFIX - Volatility Comparison
The current volatility for Innovator Laddered Fund of U.S. Equity Power Buffer ETF (BUFF) is 1.24%, while Abbey Capital Multi Asset Fund Class I (MAFIX) has a volatility of 4.10%. This indicates that BUFF experiences smaller price fluctuations and is considered to be less risky than MAFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.