Correlation
The correlation between BUFQ and QQQ 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.
BUFQ vs. QQQ
Compare and contrast key facts about FT Vest Laddered Nasdaq Buffer ETF (BUFQ) and Invesco QQQ (QQQ).
BUFQ and QQQ 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. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both BUFQ and QQQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BUFQ or QQQ.
Performance
BUFQ vs. QQQ - Performance Comparison
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Key characteristics
BUFQ:
0.70
QQQ:
0.62
BUFQ:
1.02
QQQ:
0.92
BUFQ:
1.15
QQQ:
1.13
BUFQ:
0.64
QQQ:
0.60
BUFQ:
2.41
QQQ:
1.94
BUFQ:
4.16%
QQQ:
7.02%
BUFQ:
15.51%
QQQ:
25.59%
BUFQ:
-15.74%
QQQ:
-82.98%
BUFQ:
-1.96%
QQQ:
-3.64%
Returns By Period
The year-to-date returns for both investments are quite close, with BUFQ having a 1.65% return and QQQ slightly higher at 1.69%.
BUFQ
1.65%
6.29%
2.14%
10.75%
N/A
N/A
N/A
QQQ
1.69%
9.18%
2.15%
15.66%
19.78%
18.08%
17.69%
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BUFQ vs. QQQ - Expense Ratio Comparison
BUFQ has a 1.10% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
BUFQ vs. QQQ — Risk-Adjusted Performance Rank
BUFQ
QQQ
BUFQ vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Vest Laddered Nasdaq Buffer ETF (BUFQ) and Invesco QQQ (QQQ). 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.
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Dividends
BUFQ vs. QQQ - Dividend Comparison
BUFQ has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.58%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BUFQ FT Vest Laddered Nasdaq Buffer ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.58% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
BUFQ vs. QQQ - Drawdown Comparison
The maximum BUFQ drawdown since its inception was -15.74%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for BUFQ and QQQ.
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Volatility
BUFQ vs. QQQ - Volatility Comparison
The current volatility for FT Vest Laddered Nasdaq Buffer ETF (BUFQ) is 3.80%, while Invesco QQQ (QQQ) has a volatility of 5.62%. This indicates that BUFQ experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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