DOGG vs. BUYW

Last updated Jun 4, 2026

DOGG (FT Vest DJIA Dogs 10 Target Income ETF) and BUYW (Main Buywrite ETF) are both Derivative Income funds. Both are actively managed. Over the past 3 years, DOGG returned 11.91%/yr vs 8.73%/yr for BUYW. At a 0.30 correlation, their price movements are largely independent. DOGG charges 0.75%/yr vs 1.29%/yr for BUYW.

Performance

DOGG vs. BUYW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest DJIA Dogs 10 Target Income ETF (DOGG) and Main Buywrite ETF (BUYW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DOGG achieves a 5.09% return, which is significantly higher than BUYW's 3.39% return.

DOGG

• 1D: -0.02%
• 1M: 0.22%
• YTD: 5.09%
• 6M: 4.26%
• 1Y: 15.85%
• 3Y*: 11.91%
• 5Y*: —
• 10Y*: —

BUYW

• 1D: 0.35%
• 1M: 0.99%
• YTD: 3.39%
• 6M: 4.27%
• 1Y: 9.76%
• 3Y*: 8.73%
• 5Y*: —
• 10Y*: —

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

DOGG vs. BUYW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DOGG FT Vest DJIA Dogs 10 Target Income ETF	5.09%	19.43%	-2.58%	12.69%
BUYW Main Buywrite ETF	3.39%	9.08%	9.82%	5.33%

Correlation

The correlation between DOGG and BUYW is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (All Time) Calculated using the full available price history since Apr 28, 2023	0.30

DOGG vs. BUYW - Sectors Allocation Comparison

Sectors	DOGG	BUYW
Consumer Cyclical	30.1%	6.4%
Healthcare	29.9%	13.0%
Consumer Defensive	19.9%	3.2%
Communication Services	10.2%	16.9%
Energy	10.0%	13.6%
Basic Materials	-	1.0%
Financial Services	-	15.3%
Industrials	-	4.4%
Real Estate	-	1.0%
Technology	-	24.0%
Utilities	-	1.3%

Return for Risk

DOGG vs. BUYW — Risk / Return Rank

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

DOGG

DOGG Risk / Return Rank: 40
DOGG Sharpe Ratio Rank: 44
DOGG Sortino Ratio Rank: 44
DOGG Omega Ratio Rank: 41
DOGG Calmar Ratio Rank: 39
DOGG Martin Ratio Rank: 31

BUYW

BUYW Risk / Return Rank: 71
BUYW Sharpe Ratio Rank: 59
BUYW Sortino Ratio Rank: 66
BUYW Omega Ratio Rank: 66
BUYW Calmar Ratio Rank: 75
BUYW Martin Ratio Rank: 89

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.

DOGG vs. BUYW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest DJIA Dogs 10 Target Income ETF (DOGG) and Main Buywrite ETF (BUYW). 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.

	DOGG	BUYW	Difference
Sharpe ratio: Return per unit of total volatility	1.53	2.03	-0.50
Sortino ratio: Return per unit of downside risk	2.22	3.08	-0.86
Omega ratio: Gain probability vs. loss probability	1.27	1.40	-0.14
Calmar ratio: Return relative to maximum drawdown	1.92	3.79	-1.87
Martin ratio: Return relative to average drawdown	4.53	20.24	-15.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DOGG vs. BUYW - Sharpe Ratio Comparison

The current DOGG Sharpe Ratio is 1.53, which is comparable to the BUYW Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of DOGG and BUYW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DOGG	BUYW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.53	2.03	-0.50
Sharpe Ratio (All Time) Calculated using the full available price history	0.85	1.17	-0.32

Drawdowns

DOGG vs. BUYW - Drawdown Comparison

The maximum DOGG drawdown since its inception was -11.19%, which is greater than BUYW's maximum drawdown of -9.36%. Use the drawdown chart below to compare losses from any high point for DOGG and BUYW.

Drawdown Indicators

	DOGG	BUYW	Difference
Max Drawdown Largest peak-to-trough decline	-11.19%	-9.36%	-1.83%
Max Drawdown (1Y) Largest decline over 1 year	-8.29%	-2.59%	-5.70%
Max Drawdown (3Y) Largest decline over 3 years	-11.19%	-9.36%	-1.83%
Current Drawdown Current decline from peak	-7.62%	-0.21%	-7.41%
Average Drawdown Average peak-to-trough decline	-3.22%	-0.61%	-2.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.50%	0.48%	+3.02%

Volatility

DOGG vs. BUYW - Volatility Comparison

FT Vest DJIA Dogs 10 Target Income ETF (DOGG) has a higher volatility of 3.20% compared to Main Buywrite ETF (BUYW) at 1.02%. This indicates that DOGG's price experiences larger fluctuations and is considered to be riskier than BUYW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DOGG	BUYW	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.20%	1.02%	+2.18%
Volatility (6M) Calculated over the trailing 6-month period	8.04%	4.03%	+4.01%
Volatility (1Y) Calculated over the trailing 1-year period	10.43%	4.85%	+5.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.97%	8.47%	+4.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.97%	8.47%	+4.50%

DOGG vs. BUYW - Expense Ratio Comparison

DOGG has a 0.75% expense ratio, which is lower than BUYW's 1.29% expense ratio.

Dividends

DOGG vs. BUYW - Dividend Comparison

DOGG's dividend yield for the trailing twelve months is around 8.90%, more than BUYW's 5.91% yield.

Position	TTM	2025	2024	2023	2022
BUYW Main Buywrite ETF	5.91%	5.89%	5.93%	5.95%	0.50%
DOGG FT Vest DJIA Dogs 10 Target Income ETF	8.90%	8.75%	9.92%	5.89%	0.00%

Frequently Asked Questions

Can I hold both DOGG and BUYW in my portfolio?

DOGG and BUYW have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DOGG or BUYW?

DOGG has higher volatility (3.20%) compared to BUYW (1.02%). In terms of maximum drawdown, DOGG dropped -11.19% vs BUYW's -9.36%.

Which ETF is better, DOGG or BUYW?

On 3-year performance, DOGG leads with 11.91% vs 8.73% for BUYW. On fees, DOGG is cheaper at 0.75% per year. On volatility, BUYW has been the lower-risk option at 1.02%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DOGG or BUYW?

Over the 3-year period, DOGG has performed better with a 11.91% return vs 8.73%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DOGG or BUYW?

DOGG is cheaper with a 0.75% expense ratio, compared with 1.29% for BUYW.

Which ETF pays a higher dividend yield, DOGG or BUYW?

DOGG has the higher dividend yield at 8.90%, compared with 5.91% for BUYW.

What is the main difference between DOGG and BUYW?

They also come from different issuers: FT Vest and Main Funds. Their fees differ too: 0.75% for DOGG and 1.29% for BUYW.

Which has better risk-adjusted returns?

BUYW currently has the higher Sharpe Ratio (2.03 vs 1.53), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.