DWM vs. BUFI
DWM (WisdomTree International Equity Fund) and BUFI (AB International Buffer ETF) are both exchange-traded funds - DWM is a Foreign Large Cap Equities fund tracking the WisdomTree International Equity Index, while BUFI is a Defined Outcome fund actively managed by AllianceBernstein. DWM is passively managed, while BUFI is actively managed. Over the past year, DWM returned 20.93% vs 12.80% for BUFI. Their correlation of 0.95 suggests significant overlap in exposure. DWM charges 0.48%/yr vs 0.69%/yr for BUFI.
Performance
DWM vs. BUFI - Performance Comparison
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Returns By Period
In the year-to-date period, DWM achieves a 7.43% return, which is significantly higher than BUFI's 4.92% return.
DWM
- 1D
- -0.76%
- 1M
- 2.23%
- YTD
- 7.43%
- 6M
- 10.04%
- 1Y
- 20.93%
- 3Y*
- 17.97%
- 5Y*
- 9.61%
- 10Y*
- 8.50%
BUFI
- 1D
- -0.31%
- 1M
- 1.83%
- YTD
- 4.92%
- 6M
- 6.32%
- 1Y
- 12.80%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DWM vs. BUFI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
DWM WisdomTree International Equity Fund | 7.43% | 34.83% | -3.60% |
BUFI AB International Buffer ETF | 4.92% | 16.50% | -1.31% |
Correlation
The correlation between DWM and BUFI is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Dec 11, 2024 | 0.95 |
The correlation between DWM and BUFI has been stable across timeframes, ranging from 0.95 to 0.95 - a consistent structural relationship.
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Return for Risk
DWM vs. BUFI — Risk / Return Rank
DWM
BUFI
DWM vs. BUFI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree International Equity Fund (DWM) and AB International Buffer ETF (BUFI). 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.
| DWM | BUFI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.30 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.92 | 2.26 | -0.33 |
| Martin ratioReturn relative to average drawdown | 7.08 | 8.98 | -1.90 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DWM | BUFI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.48 | 1.53 | -0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.63 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 1.50 | -1.23 |
Drawdowns
DWM vs. BUFI - Drawdown Comparison
The maximum DWM drawdown since its inception was -62.10%, which is greater than BUFI's maximum drawdown of -7.43%. Use the drawdown chart below to compare losses from any high point for DWM and BUFI.
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Drawdown Indicators
| DWM | BUFI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.10% | -7.43% | -54.67% |
Max Drawdown (1Y)Largest decline over 1 year | -10.93% | -5.69% | -5.24% |
Max Drawdown (3Y)Largest decline over 3 years | -12.69% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -25.64% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -37.82% | — | — |
Current DrawdownCurrent decline from peak | -2.78% | -0.32% | -2.46% |
Average DrawdownAverage peak-to-trough decline | -13.50% | -0.86% | -12.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.96% | 1.43% | +1.53% |
Volatility
DWM vs. BUFI - Volatility Comparison
WisdomTree International Equity Fund (DWM) has a higher volatility of 4.43% compared to AB International Buffer ETF (BUFI) at 2.20%. This indicates that DWM's price experiences larger fluctuations and is considered to be riskier than BUFI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DWM | BUFI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.43% | 2.20% | +2.23% |
Volatility (6M)Calculated over the trailing 6-month period | 11.82% | 7.05% | +4.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.19% | 8.43% | +5.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.28% | 9.15% | +6.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.59% | 9.15% | +7.44% |
DWM vs. BUFI - Expense Ratio Comparison
DWM has a 0.48% expense ratio, which is lower than BUFI's 0.69% expense ratio.
Dividends
DWM vs. BUFI - Dividend Comparison
DWM's dividend yield for the trailing twelve months is around 2.76%, while BUFI has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BUFI AB International Buffer ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DWM WisdomTree International Equity Fund | 2.76% | 3.06% | 3.86% | 4.15% | 4.36% | 3.64% | 2.74% | 3.46% | 3.86% | 2.99% | 3.43% | 3.55% |
Frequently Asked Questions
With a correlation of 0.95, DWM and BUFI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
DWM has higher volatility (4.43%) compared to BUFI (2.20%). In terms of maximum drawdown, DWM dropped -62.10% vs BUFI's -7.43%.
On 1-year performance, DWM leads with 20.93% vs 12.80% for BUFI. On fees, DWM is cheaper at 0.48% per year. On volatility, BUFI has been the lower-risk option at 2.20%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, DWM has performed better with a 20.93% return vs 12.80%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DWM is cheaper with a 0.48% expense ratio, compared with 0.69% for BUFI.
DWM has the higher dividend yield at 2.76%, compared with 0.00% for BUFI.
DWM is categorized as Foreign Large Cap Equities, while BUFI is Defined Outcome. They also come from different issuers: WisdomTree and AllianceBernstein. Their fees differ too: 0.48% for DWM and 0.69% for BUFI.
BUFI currently has the higher Sharpe Ratio (1.53 vs 1.48), 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.
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