BUFQ vs. BUFR
Compare and contrast key facts about FT Vest Laddered Nasdaq Buffer ETF (BUFQ) and FT Cboe Vest Fund of Buffer ETFs (BUFR).
BUFQ and BUFR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. BUFR is an actively managed fund by First Trust. It was launched on Aug 10, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BUFQ or BUFR.
Key characteristics
| BUFQ | BUFR | |
|---|---|---|
| YTD Return | 10.52% | 11.22% |
| 1Y Return | 16.88% | 17.50% |
| Sharpe Ratio | 1.87 | 2.34 |
| Daily Std Dev | 8.97% | 7.40% |
| Max Drawdown | -15.40% | -13.73% |
| Current Drawdown | -1.09% | -0.14% |
Correlation
The correlation between BUFQ and BUFR is 0.89, 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. BUFR - Performance Comparison
In the year-to-date period, BUFQ achieves a 10.52% return, which is significantly lower than BUFR's 11.22% 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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BUFQ vs. BUFR - Expense Ratio Comparison
BUFQ has a 1.10% expense ratio, which is higher than BUFR's 1.05% expense ratio.
Risk-Adjusted Performance
BUFQ vs. BUFR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Vest Laddered Nasdaq Buffer ETF (BUFQ) and FT Cboe Vest Fund of Buffer ETFs (BUFR). 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
BUFQ vs. BUFR - Dividend Comparison
Neither BUFQ nor BUFR has paid dividends to shareholders.
Drawdowns
BUFQ vs. BUFR - Drawdown Comparison
The maximum BUFQ drawdown since its inception was -15.40%, which is greater than BUFR's maximum drawdown of -13.73%. Use the drawdown chart below to compare losses from any high point for BUFQ and BUFR. For additional features, visit the drawdowns tool.
Volatility
BUFQ vs. BUFR - Volatility Comparison
FT Vest Laddered Nasdaq Buffer ETF (BUFQ) has a higher volatility of 2.96% compared to FT Cboe Vest Fund of Buffer ETFs (BUFR) at 1.89%. This indicates that BUFQ's price experiences larger fluctuations and is considered to be riskier than BUFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.