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:
1.90
^IXIC:
1.52
BUFQ:
2.54
^IXIC:
2.03
BUFQ:
1.36
^IXIC:
1.27
BUFQ:
2.55
^IXIC:
2.12
BUFQ:
11.93
^IXIC:
7.56
BUFQ:
1.47%
^IXIC:
3.69%
BUFQ:
9.25%
^IXIC:
18.42%
BUFQ:
-15.40%
^IXIC:
-77.93%
BUFQ:
0.00%
^IXIC:
-0.73%
Returns By Period
The year-to-date returns for both investments are quite close, with BUFQ having a 3.56% return and ^IXIC slightly higher at 3.71%.
BUFQ
3.56%
2.75%
9.30%
16.92%
N/A
N/A
^IXIC
3.71%
2.64%
13.58%
25.91%
15.57%
15.15%
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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 2.92%, while NASDAQ Composite (^IXIC) has a volatility of 5.43%. 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.