BUFQ vs. ^IXIC
Compare and contrast key facts about FT Vest Laddered Nasdaq Buffer ETF (BUFQ) and NASDAQ Composite (^IXIC).
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 ^IXIC.
Correlation
The correlation between BUFQ and ^IXIC is 0.96, 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. ^IXIC - Performance Comparison
Key characteristics
BUFQ:
1.75
^IXIC:
1.35
BUFQ:
2.34
^IXIC:
1.83
BUFQ:
1.33
^IXIC:
1.25
BUFQ:
2.35
^IXIC:
1.89
BUFQ:
11.03
^IXIC:
6.74
BUFQ:
1.47%
^IXIC:
3.69%
BUFQ:
9.30%
^IXIC:
18.52%
BUFQ:
-15.40%
^IXIC:
-77.93%
BUFQ:
-1.21%
^IXIC:
-3.22%
Returns By Period
In the year-to-date period, BUFQ achieves a 2.43% return, which is significantly higher than ^IXIC's 1.10% return.
BUFQ
2.43%
0.02%
7.57%
15.19%
N/A
N/A
^IXIC
1.10%
-2.43%
9.21%
21.71%
15.35%
14.70%
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Risk-Adjusted Performance
BUFQ vs. ^IXIC — Risk-Adjusted Performance Rank
BUFQ
^IXIC
BUFQ vs. ^IXIC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Vest Laddered Nasdaq Buffer ETF (BUFQ) and NASDAQ Composite (^IXIC). 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. ^IXIC - Drawdown Comparison
The maximum BUFQ drawdown since its inception was -15.40%, smaller than the maximum ^IXIC drawdown of -77.93%. Use the drawdown chart below to compare losses from any high point for BUFQ and ^IXIC. For additional features, visit the drawdowns tool.
Volatility
BUFQ vs. ^IXIC - Volatility Comparison
The current volatility for FT Vest Laddered Nasdaq Buffer ETF (BUFQ) is 2.99%, while NASDAQ Composite (^IXIC) has a volatility of 5.44%. This indicates that BUFQ experiences smaller price fluctuations and is considered to be less risky than ^IXIC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.