BUFR vs. JHEQX
Compare and contrast key facts about FT Cboe Vest Fund of Buffer ETFs (BUFR) and JPMorgan Hedged Equity Fund Class I (JHEQX).
BUFR is an actively managed fund by First Trust. It was launched on Aug 10, 2020. JHEQX is managed by JPMorgan Chase. It was launched on Dec 13, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BUFR or JHEQX.
Key characteristics
| BUFR | JHEQX | |
|---|---|---|
| YTD Return | 5.61% | 5.30% |
| 1Y Return | 18.80% | 12.99% |
| 3Y Return (Ann) | 7.43% | 5.81% |
| Sharpe Ratio | 2.58 | 1.96 |
| Daily Std Dev | 7.82% | 7.22% |
| Max Drawdown | -13.73% | -18.85% |
| Current Drawdown | 0.00% | -0.67% |
Correlation
The correlation between BUFR and JHEQX 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
BUFR vs. JHEQX - Performance Comparison
In the year-to-date period, BUFR achieves a 5.61% return, which is significantly higher than JHEQX's 5.30% 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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BUFR vs. JHEQX - Expense Ratio Comparison
BUFR has a 1.05% expense ratio, which is higher than JHEQX's 0.58% expense ratio.
Risk-Adjusted Performance
BUFR vs. JHEQX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest Fund of Buffer ETFs (BUFR) and JPMorgan Hedged Equity Fund Class I (JHEQX). 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
BUFR vs. JHEQX - Dividend Comparison
BUFR has not paid dividends to shareholders, while JHEQX's dividend yield for the trailing twelve months is around 0.90%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
BUFR FT Cboe Vest Fund of Buffer ETFs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JHEQX JPMorgan Hedged Equity Fund Class I | 0.90% | 0.98% | 0.99% | 0.71% | 1.11% | 1.11% | 1.13% | 0.99% | 1.35% | 1.21% | 1.07% |
Drawdowns
BUFR vs. JHEQX - Drawdown Comparison
The maximum BUFR drawdown since its inception was -13.73%, smaller than the maximum JHEQX drawdown of -18.85%. Use the drawdown chart below to compare losses from any high point for BUFR and JHEQX. For additional features, visit the drawdowns tool.
Volatility
BUFR vs. JHEQX - Volatility Comparison
The current volatility for FT Cboe Vest Fund of Buffer ETFs (BUFR) is 2.20%, while JPMorgan Hedged Equity Fund Class I (JHEQX) has a volatility of 2.75%. This indicates that BUFR experiences smaller price fluctuations and is considered to be less risky than JHEQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.