BUFG vs. SAUG

Last updated Jun 4, 2026

BUFG (FT Cboe Vest Buffered Allocation Growth ETF) and SAUG (FT Cboe Vest U.S. Small Cap Moderate Buffer ETF - August) are both Options Trading funds from FT Vest. Both are actively managed. Over the past year, BUFG returned 17.53% vs 19.51% for SAUG. A 0.73 correlation means they provide meaningful diversification when combined. BUFG charges 1.05%/yr vs 0.90%/yr for SAUG.

Performance

BUFG vs. SAUG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Cboe Vest Buffered Allocation Growth ETF (BUFG) and FT Cboe Vest U.S. Small Cap Moderate Buffer ETF - August (SAUG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BUFG achieves a 6.40% return, which is significantly lower than SAUG's 7.65% return.

BUFG

• 1D: -0.30%
• 1M: 2.34%
• YTD: 6.40%
• 6M: 6.86%
• 1Y: 17.53%
• 3Y*: 14.30%
• 5Y*: —
• 10Y*: —

SAUG

• 1D: -0.19%
• 1M: 1.58%
• YTD: 7.65%
• 6M: 7.95%
• 1Y: 19.51%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BUFG vs. SAUG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BUFG FT Cboe Vest Buffered Allocation Growth ETF	6.40%	12.33%	15.13%	6.27%
SAUG FT Cboe Vest U.S. Small Cap Moderate Buffer ETF - August	7.65%	8.23%	11.08%	6.26%

Correlation

The correlation between BUFG and SAUG is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.75
Correlation (All Time) Calculated using the full available price history since Aug 22, 2023	0.73

The correlation between BUFG and SAUG has been stable across timeframes, ranging from 0.73 to 0.75 - a consistent structural relationship.

Return for Risk

BUFG vs. SAUG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BUFG

BUFG Risk / Return Rank: 73
BUFG Sharpe Ratio Rank: 71
BUFG Sortino Ratio Rank: 74
BUFG Omega Ratio Rank: 76
BUFG Calmar Ratio Rank: 62
BUFG Martin Ratio Rank: 81

SAUG

SAUG Risk / Return Rank: 72
SAUG Sharpe Ratio Rank: 61
SAUG Sortino Ratio Rank: 69
SAUG Omega Ratio Rank: 66
SAUG Calmar Ratio Rank: 86
SAUG Martin Ratio Rank: 80

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BUFG vs. SAUG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest Buffered Allocation Growth ETF (BUFG) and FT Cboe Vest U.S. Small Cap Moderate Buffer ETF - August (SAUG). 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.

	BUFG	SAUG	Difference
Sharpe ratio: Return per unit of total volatility	2.31	2.05	+0.26
Sortino ratio: Return per unit of downside risk	3.34	3.11	+0.23
Omega ratio: Gain probability vs. loss probability	1.45	1.39	+0.06
Calmar ratio: Return relative to maximum drawdown	3.07	4.78	-1.71
Martin ratio: Return relative to average drawdown	16.15	15.56	+0.59
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BUFG vs. SAUG - Sharpe Ratio Comparison

The current BUFG Sharpe Ratio is 2.31, which is comparable to the SAUG Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of BUFG and SAUG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BUFG	SAUG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.31	2.05	+0.26
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	1.03	-0.29

Drawdowns

BUFG vs. SAUG - Drawdown Comparison

The maximum BUFG drawdown since its inception was -17.62%, which is greater than SAUG's maximum drawdown of -14.62%. Use the drawdown chart below to compare losses from any high point for BUFG and SAUG.

Drawdown Indicators

	BUFG	SAUG	Difference
Max Drawdown Largest peak-to-trough decline	-17.62%	-14.62%	-3.00%
Max Drawdown (1Y) Largest decline over 1 year	-5.74%	-4.10%	-1.64%
Max Drawdown (3Y) Largest decline over 3 years	-13.20%	—	—
Current Drawdown Current decline from peak	-0.30%	-0.19%	-0.11%
Average Drawdown Average peak-to-trough decline	-3.62%	-2.24%	-1.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.09%	1.26%	-0.17%

Volatility

BUFG vs. SAUG - Volatility Comparison

FT Cboe Vest Buffered Allocation Growth ETF (BUFG) and FT Cboe Vest U.S. Small Cap Moderate Buffer ETF - August (SAUG) have volatilities of 1.20% and 1.22%, 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.

Volatility by Period

	BUFG	SAUG	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.20%	1.22%	-0.02%
Volatility (6M) Calculated over the trailing 6-month period	5.82%	5.41%	+0.41%
Volatility (1Y) Calculated over the trailing 1-year period	7.64%	9.59%	-1.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.84%	11.81%	+0.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.84%	11.81%	+0.03%

BUFG vs. SAUG - Expense Ratio Comparison

BUFG has a 1.05% expense ratio, which is higher than SAUG's 0.90% expense ratio.

Dividends

BUFG vs. SAUG - Dividend Comparison

Neither BUFG nor SAUG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BUFG and SAUG in my portfolio?

BUFG and SAUG have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BUFG or SAUG?

SAUG has higher volatility (1.22%) compared to BUFG (1.20%). In terms of maximum drawdown, BUFG dropped -17.62% vs SAUG's -14.62%.

Which ETF is better, BUFG or SAUG?

On 1-year performance, SAUG leads with 19.51% vs 17.53% for BUFG. On fees, SAUG is cheaper at 0.90% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BUFG or SAUG?

Over the 1-year period, SAUG has performed better with a 19.51% return vs 17.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BUFG or SAUG?

SAUG is cheaper with a 0.90% expense ratio, compared with 1.05% for BUFG.

Which ETF pays a higher dividend yield, BUFG or SAUG?

BUFG and SAUG have nearly identical dividend yields, around 0.00%.

What is the main difference between BUFG and SAUG?

Their fees differ too: 1.05% for BUFG and 0.90% for SAUG.

Which has better risk-adjusted returns?

BUFG currently has the higher Sharpe Ratio (2.31 vs 2.05), 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.