BWTG vs. BUFH

Last updated Jun 4, 2026

BWTG (Brendan Wood TopGun ETF) and BUFH (FT Vest Laddered Max Buffer ETF) are both exchange-traded funds - BWTG is a Large Cap Blend Equities fund actively managed by Brendan Wood, while BUFH is a Defined Outcome fund managed by First Trust. A 0.66 correlation means they provide meaningful diversification when combined. Both charge a 0.95% expense ratio.

Performance

BWTG vs. BUFH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brendan Wood TopGun ETF (BWTG) and FT Vest Laddered Max Buffer ETF (BUFH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BWTG achieves a 5.71% return, which is significantly higher than BUFH's 2.45% return.

BWTG

• 1D: -0.14%
• 1M: 4.13%
• YTD: 5.71%
• 6M: 5.47%
• 1Y: 16.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BUFH

• 1D: -0.05%
• 1M: 0.75%
• YTD: 2.45%
• 6M: 2.82%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BWTG vs. BUFH - Yearly Performance Comparison

	2026 (YTD)	2025
BWTG Brendan Wood TopGun ETF	5.71%	11.32%
BUFH FT Vest Laddered Max Buffer ETF	2.45%	3.89%

Correlation

The correlation between BWTG and BUFH is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	0.66

Return for Risk

BWTG vs. BUFH — Risk / Return Rank

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

BWTG

BWTG Risk / Return Rank: 41
BWTG Sharpe Ratio Rank: 42
BWTG Sortino Ratio Rank: 41
BWTG Omega Ratio Rank: 40
BWTG Calmar Ratio Rank: 34
BWTG Martin Ratio Rank: 46

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.

BWTG vs. BUFH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brendan Wood TopGun ETF (BWTG) and FT Vest Laddered Max Buffer ETF (BUFH). 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.

	BWTG	BUFH	Difference
Sharpe ratio: Return per unit of total volatility	1.44	—	—
Sortino ratio: Return per unit of downside risk	2.08	—	—
Omega ratio: Gain probability vs. loss probability	1.26	—	—
Calmar ratio: Return relative to maximum drawdown	1.68	—	—
Martin ratio: Return relative to average drawdown	7.45	—	—
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

	BWTG	BUFH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.44	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.61	2.91	-1.30

Drawdowns

BWTG vs. BUFH - Drawdown Comparison

The maximum BWTG drawdown since its inception was -13.18%, which is greater than BUFH's maximum drawdown of -1.53%. Use the drawdown chart below to compare losses from any high point for BWTG and BUFH.

Drawdown Indicators

	BWTG	BUFH	Difference
Max Drawdown Largest peak-to-trough decline	-13.18%	-1.53%	-11.65%
Max Drawdown (1Y) Largest decline over 1 year	-9.93%	—	—
Current Drawdown Current decline from peak	-0.14%	-0.05%	-0.09%
Average Drawdown Average peak-to-trough decline	-1.76%	-0.18%	-1.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.24%	—	—

Volatility

Volatility by Period

	BWTG	BUFH	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.13%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.31%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.58%	2.37%	+9.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.97%	2.37%	+11.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.97%	2.37%	+11.60%

BWTG vs. BUFH - Expense Ratio Comparison

Both BWTG and BUFH have an expense ratio of 0.95%.

Dividends

BWTG vs. BUFH - Dividend Comparison

BWTG's dividend yield for the trailing twelve months is around 0.33%, while BUFH has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
BUFH FT Vest Laddered Max Buffer ETF	0.00%	0.00%	0.00%	0.00%
BWTG Brendan Wood TopGun ETF	0.33%	0.35%	0.25%	0.19%

Frequently Asked Questions

Can I hold both BWTG and BUFH in my portfolio?

BWTG and BUFH have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BWTG or BUFH?

Both ETFs have the same 0.95% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BWTG or BUFH?

BWTG and BUFH have the same expense ratio: 0.95% per year.

Which ETF pays a higher dividend yield, BWTG or BUFH?

BWTG has the higher dividend yield at 0.33%, compared with 0.00% for BUFH.

What is the main difference between BWTG and BUFH?

BWTG is categorized as Large Cap Blend Equities, while BUFH is Defined Outcome. They also come from different issuers: Brendan Wood and First Trust.