BUFQ vs. ^GSPC
Compare and contrast key facts about FT Vest Laddered Nasdaq Buffer ETF (BUFQ) and S&P 500 (^GSPC).
BUFQ is a passively managed fund by FT Vest that tracks the performance of the NASDAQ 100 Index - USD. It was launched on Jun 15, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BUFQ or ^GSPC.
Correlation
The correlation between BUFQ and ^GSPC is 0.92, 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
BUFQ vs. ^GSPC - Performance Comparison
Key characteristics
BUFQ:
1.75
^GSPC:
1.62
BUFQ:
2.34
^GSPC:
2.20
BUFQ:
1.33
^GSPC:
1.30
BUFQ:
2.35
^GSPC:
2.46
BUFQ:
11.03
^GSPC:
10.01
BUFQ:
1.47%
^GSPC:
2.08%
BUFQ:
9.30%
^GSPC:
12.88%
BUFQ:
-15.40%
^GSPC:
-56.78%
BUFQ:
-1.21%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, BUFQ achieves a 2.43% return, which is significantly higher than ^GSPC's 2.24% return.
BUFQ
2.43%
0.02%
7.57%
15.19%
N/A
N/A
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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Risk-Adjusted Performance
BUFQ vs. ^GSPC — Risk-Adjusted Performance Rank
BUFQ
^GSPC
BUFQ vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Vest Laddered Nasdaq Buffer ETF (BUFQ) and S&P 500 (^GSPC). 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.
Drawdowns
BUFQ vs. ^GSPC - Drawdown Comparison
The maximum BUFQ drawdown since its inception was -15.40%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for BUFQ and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
BUFQ vs. ^GSPC - Volatility Comparison
The current volatility for FT Vest Laddered Nasdaq Buffer ETF (BUFQ) is 2.99%, while S&P 500 (^GSPC) has a volatility of 3.43%. This indicates that BUFQ experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.