BUFQ vs. SPLG
Compare and contrast key facts about FT Vest Laddered Nasdaq Buffer ETF (BUFQ) and SPDR Portfolio S&P 500 ETF (SPLG).
BUFQ and SPLG 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. SPLG is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Nov 15, 2005. Both BUFQ and SPLG 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 SPLG.
Key characteristics
| BUFQ | SPLG | |
|---|---|---|
| YTD Return | 10.52% | 18.95% |
| 1Y Return | 16.88% | 28.24% |
| Sharpe Ratio | 1.87 | 2.23 |
| Daily Std Dev | 8.97% | 12.57% |
| Max Drawdown | -15.40% | -54.50% |
| Current Drawdown | -1.09% | -0.60% |
Correlation
The correlation between BUFQ and SPLG 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. SPLG - Performance Comparison
In the year-to-date period, BUFQ achieves a 10.52% return, which is significantly lower than SPLG's 18.95% 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. SPLG - Expense Ratio Comparison
BUFQ has a 1.10% expense ratio, which is higher than SPLG's 0.03% expense ratio.
Risk-Adjusted Performance
BUFQ vs. SPLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Vest Laddered Nasdaq Buffer ETF (BUFQ) and SPDR Portfolio S&P 500 ETF (SPLG). 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. SPLG - Dividend Comparison
BUFQ has not paid dividends to shareholders, while SPLG's dividend yield for the trailing twelve months is around 0.98%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SPLG SPDR Portfolio S&P 500 ETF | 0.98% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% | 1.71% |
Drawdowns
BUFQ vs. SPLG - Drawdown Comparison
The maximum BUFQ drawdown since its inception was -15.40%, smaller than the maximum SPLG drawdown of -54.50%. Use the drawdown chart below to compare losses from any high point for BUFQ and SPLG. For additional features, visit the drawdowns tool.
Volatility
BUFQ vs. SPLG - Volatility Comparison
The current volatility for FT Vest Laddered Nasdaq Buffer ETF (BUFQ) is 2.96%, while SPDR Portfolio S&P 500 ETF (SPLG) has a volatility of 3.81%. This indicates that BUFQ experiences smaller price fluctuations and is considered to be less risky than SPLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.