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BUFOX vs. BUFHX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

BUFOX vs. BUFHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Buffalo Early Stage Growth Fund (BUFOX) and Buffalo High Yield Fund (BUFHX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BUFOX achieves a 12.18% return, which is significantly higher than BUFHX's 2.08% return. Over the past 10 years, BUFOX has outperformed BUFHX with an annualized return of 10.18%, while BUFHX has yielded a comparatively lower 5.20% annualized return.


BUFOX

1D
1.84%
1M
-5.15%
6M
9.23%
YTD
12.18%
1Y
18.95%
3Y*
5.50%
5Y*
-2.22%
10Y*
10.18%
ALL TIME*
8.28%

BUFHX

1D
0.00%
1M
-0.11%
6M
1.25%
YTD
2.08%
1Y
3.59%
3Y*
7.67%
5Y*
4.77%
10Y*
5.20%
ALL TIME*
6.51%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$0.00$0.00$0.00
$0.00$0.00$0.00

BUFOX vs. BUFHX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
BUFOX
Buffalo Early Stage Growth Fund
12.18%3.09%7.52%9.83%-30.78%7.43%47.85%34.06%-3.78%27.03%
BUFHX
Buffalo High Yield Fund
2.08%5.11%10.35%11.68%-5.53%5.52%9.26%12.33%-2.26%5.98%

Correlation

The correlation between BUFOX and BUFHX is 0.55, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.


Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.55

Correlation (3Y)
Balances recent behavior with more history.

0.54

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.55

Correlation (10Y)
Provides a long-term view across more market conditions.

0.58

Correlation (All Time)
Calculated using the full available price history since May 25, 2004

0.60

The correlation between BUFOX and BUFHX has been stable across timeframes, ranging from 0.54 to 0.60 - a consistent structural relationship.

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Return for Risk

BUFOX vs. BUFHX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BUFOX
BUFOX Risk / Return Rank: 2121
Overall Rank
BUFOX Sharpe Ratio Rank: 2020
Sharpe Ratio Rank
BUFOX Sortino Ratio Rank: 2222
Sortino Ratio Rank
BUFOX Omega Ratio Rank: 1919
Omega Ratio Rank
BUFOX Calmar Ratio Rank: 2424
Calmar Ratio Rank
BUFOX Martin Ratio Rank: 2323
Martin Ratio Rank

BUFHX
BUFHX Risk / Return Rank: 5353
Overall Rank
BUFHX Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
BUFHX Sortino Ratio Rank: 5858
Sortino Ratio Rank
BUFHX Omega Ratio Rank: 6464
Omega Ratio Rank
BUFHX Calmar Ratio Rank: 4040
Calmar Ratio Rank
BUFHX Martin Ratio Rank: 4949
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BUFOX vs. BUFHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Buffalo Early Stage Growth Fund (BUFOX) and Buffalo High Yield Fund (BUFHX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


BUFOXBUFHXDifference
Sharpe ratioReturn per unit of total volatility

-0.62

Sortino ratioReturn per unit of downside risk

-0.85

Omega ratioGain probability vs. loss probability

1.13

1.28

-0.14

Calmar ratioReturn relative to maximum drawdown

1.10

1.60

-0.50

Martin ratioReturn relative to average drawdown

3.17

6.70

-3.54

BUFOX vs. BUFHX - Sharpe Ratio Comparison

The current BUFOX Sharpe Ratio is 0.73, which is lower than the BUFHX Sharpe Ratio of 1.35. The chart below compares the historical Sharpe Ratios of BUFOX and BUFHX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

BUFOX vs. BUFHX - Drawdown Comparison

The maximum BUFOX drawdown since its inception was -69.71%, which is greater than BUFHX's maximum drawdown of -26.01%. Use the drawdown chart below to compare losses from any high point for BUFOX and BUFHX.


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Drawdown Indicators


BUFOXBUFHXDifference

Max Drawdown

Largest peak-to-trough decline

-69.71%

-26.01%

-43.70%

Max Drawdown (1Y)

Largest decline over 1 year

-15.52%

-2.13%

-13.39%

Max Drawdown (3Y)

Largest decline over 3 years

-24.62%

-3.83%

-20.79%

Max Drawdown (5Y)

Largest decline over 5 years

-43.17%

-9.98%

-33.19%

Max Drawdown (10Y)

Largest decline over 10 years

-43.17%

-18.74%

-24.43%

Current Drawdown

Current decline from peak

-13.72%

-0.30%

-13.42%

Average Drawdown

Average peak-to-trough decline

-16.01%

-2.02%

-13.99%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.38%

0.51%

+4.87%

Volatility

BUFOX vs. BUFHX - Volatility Comparison

Buffalo Early Stage Growth Fund (BUFOX) has a higher volatility of 6.47% compared to Buffalo High Yield Fund (BUFHX) at 0.56%. This indicates that BUFOX's price experiences larger fluctuations and is considered to be riskier than BUFHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BUFOXBUFHXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.47%

0.56%

+5.91%

Volatility (6M)

Calculated over the trailing 6-month period

17.35%

2.00%

+15.35%

Volatility (1Y)

Calculated over the trailing 1-year period

23.25%

2.52%

+20.73%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.03%

3.14%

+19.89%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.43%

4.02%

+18.41%

BUFOX vs. BUFHX - Expense Ratio Comparison

BUFOX has a 1.46% expense ratio, which is higher than BUFHX's 1.02% expense ratio.


Dividends

BUFOX vs. BUFHX - Dividend Comparison

BUFOX's dividend yield for the trailing twelve months is around 4.55%, less than BUFHX's 7.07% yield.


PositionTTM20252024202320222021202020192018201720162015
BUFHX
Buffalo High Yield Fund
7.07%6.84%8.03%6.41%8.05%7.24%4.11%4.21%5.17%4.57%3.85%5.51%
BUFOX
Buffalo Early Stage Growth Fund
4.55%5.10%0.00%0.00%1.20%15.83%11.19%4.77%14.50%20.01%8.35%8.53%

Frequently Asked Questions


BUFOX and BUFHX have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BUFOX has higher volatility (6.47%) compared to BUFHX (0.56%). In terms of maximum drawdown, BUFOX dropped -69.71% vs BUFHX's -26.01%.

BUFHX currently has the higher Sharpe Ratio (1.35 vs 0.73), 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.

Portfolio Optimizer

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