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.
Key characteristics
| BUFQ | ^GSPC | |
|---|---|---|
| YTD Return | 10.52% | 17.79% |
| 1Y Return | 16.88% | 26.42% |
| Sharpe Ratio | 1.87 | 2.06 |
| Daily Std Dev | 8.97% | 12.69% |
| Max Drawdown | -15.40% | -56.78% |
| Current Drawdown | -1.09% | -0.86% |
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
In the year-to-date period, BUFQ achieves a 10.52% return, which is significantly lower than ^GSPC's 17.79% 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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Risk-Adjusted Performance
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 2.96%, while S&P 500 (^GSPC) has a volatility of 3.99%. 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.