BUFT vs. PRXV

Last updated Jun 4, 2026

BUFT (FT Cboe Vest Buffered Allocation Defensive ETF) and PRXV (Praxis Impact Large Cap Value ETF) are both exchange-traded funds - BUFT is a Options Trading fund actively managed by FT Vest, while PRXV is a Large Cap Value Equities fund actively managed by Praxis. Both are actively managed. At a 0.36 correlation, their price movements are largely independent. BUFT charges 1.05%/yr vs 0.36%/yr for PRXV.

Performance

BUFT vs. PRXV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Cboe Vest Buffered Allocation Defensive ETF (BUFT) and Praxis Impact Large Cap Value ETF (PRXV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BUFT

• 1D: -0.02%
• 1M: 0.96%
• YTD: 5.16%
• 6M: 5.78%
• 1Y: 11.53%
• 3Y*: 9.94%
• 5Y*: —
• 10Y*: —

PRXV

• 1D: -0.03%
• 1M: 4.27%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BUFT vs. PRXV - Yearly Performance Comparison

	2026 (YTD)
BUFT FT Cboe Vest Buffered Allocation Defensive ETF	1.37%
PRXV Praxis Impact Large Cap Value ETF	4.51%

Correlation

The correlation between BUFT and PRXV is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 21, 2026	0.36

Return for Risk

BUFT vs. PRXV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BUFT

BUFT Risk / Return Rank: 95
BUFT Sharpe Ratio Rank: 93
BUFT Sortino Ratio Rank: 97
BUFT Omega Ratio Rank: 98
BUFT Calmar Ratio Rank: 91
BUFT Martin Ratio Rank: 97

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BUFT vs. PRXV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest Buffered Allocation Defensive ETF (BUFT) and Praxis Impact Large Cap Value ETF (PRXV). 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.

	BUFT	PRXV	Difference
Sharpe ratio Return per unit of total volatility	3.49	—	—
Sortino ratio Return per unit of downside risk	5.89	—	—
Omega ratio Gain probability vs. loss probability	2.04	—	—
Calmar ratio Return relative to maximum drawdown	5.74	—	—
Martin ratio Return relative to average drawdown	50.19	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BUFT	PRXV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.49	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.83	4.54	-3.71

Drawdowns

BUFT vs. PRXV - Drawdown Comparison

The maximum BUFT drawdown since its inception was -10.40%, which is greater than PRXV's maximum drawdown of -1.18%. Use the drawdown chart below to compare losses from any high point for BUFT and PRXV.

Drawdown Indicators

	BUFT	PRXV	Difference
Max Drawdown Largest peak-to-trough decline	-10.40%	-1.18%	-9.22%
Max Drawdown (1Y) Largest decline over 1 year	-2.02%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-7.97%	—	—
Current Drawdown Current decline from peak	-0.02%	-0.03%	+0.01%
Average Drawdown Average peak-to-trough decline	-2.13%	-0.32%	-1.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.23%	—	—

Volatility

Volatility by Period

	BUFT	PRXV	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.31%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.77%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.32%	9.66%	-6.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.94%	9.66%	-2.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.94%	9.66%	-2.72%

BUFT vs. PRXV - Expense Ratio Comparison

BUFT has a 1.05% expense ratio, which is higher than PRXV's 0.36% expense ratio.

Dividends

BUFT vs. PRXV - Dividend Comparison

Neither BUFT nor PRXV has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BUFT and PRXV in my portfolio?

BUFT and PRXV have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BUFT or PRXV?

On fees, PRXV is cheaper at 0.36% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BUFT or PRXV?

PRXV is cheaper with a 0.36% expense ratio, compared with 1.05% for BUFT.

Which ETF pays a higher dividend yield, BUFT or PRXV?

BUFT and PRXV have nearly identical dividend yields, around 0.00%.

What is the main difference between BUFT and PRXV?

BUFT is categorized as Options Trading, while PRXV is Large Cap Value Equities. They also come from different issuers: FT Vest and Praxis. Their fees differ too: 1.05% for BUFT and 0.36% for PRXV.