EQWL vs. BUFX
EQWL (Invesco S&P 100 Equal Weight ETF) and BUFX (FT Vest Laddered Enhance & Moderate Buffer ETF) are both exchange-traded funds - EQWL is a Large Cap Blend Equities fund tracking the S&P 100 Equal Weight Index, while BUFX is a Defined Outcome fund managed by First Trust. Over the past year, EQWL returned 19.82% vs 9.40% for BUFX. A 0.75 correlation means they provide meaningful diversification when combined. EQWL charges 0.25%/yr vs 0.96%/yr for BUFX.
Performance
EQWL vs. BUFX - Performance Comparison
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Returns By Period
In the year-to-date period, EQWL achieves a 8.96% return, which is significantly higher than BUFX's 3.77% return.
EQWL
- 1D
- 0.10%
- 1M
- 1.11%
- YTD
- 8.96%
- 6M
- 7.93%
- 1Y
- 19.82%
- 3Y*
- 19.27%
- 5Y*
- 11.83%
- 10Y*
- 14.83%
BUFX
- 1D
- -0.07%
- 1M
- 0.02%
- YTD
- 3.77%
- 6M
- 3.59%
- 1Y
- 9.40%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EQWL vs. BUFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EQWL Invesco S&P 100 Equal Weight ETF | 8.96% | 9.97% |
BUFX FT Vest Laddered Enhance & Moderate Buffer ETF | 3.77% | 5.43% |
Correlation
The correlation between EQWL and BUFX is 0.75, 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 25, 2025 | 0.75 |
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Return for Risk
EQWL vs. BUFX — Risk / Return Rank
EQWL
BUFX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EQWL vs. BUFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 100 Equal Weight ETF (EQWL) and FT Vest Laddered Enhance & Moderate Buffer ETF (BUFX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EQWL | BUFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.33 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.56 | — | — |
| Martin ratioReturn relative to average drawdown | 10.70 | — | — |
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Drawdowns
EQWL vs. BUFX - Drawdown Comparison
The maximum EQWL drawdown since its inception was -49.36%, which is greater than BUFX's maximum drawdown of -2.87%. Use the drawdown chart below to compare losses from any high point for EQWL and BUFX.
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Drawdown Indicators
| EQWL | BUFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.36% | -2.87% | -46.49% |
Max Drawdown (1Y)Largest decline over 1 year | -7.76% | -2.87% | -4.89% |
Max Drawdown (3Y)Largest decline over 3 years | -14.95% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -22.99% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -34.30% | — | — |
Current DrawdownCurrent decline from peak | -1.42% | -0.65% | -0.77% |
Average DrawdownAverage peak-to-trough decline | -6.68% | -0.25% | -6.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.86% | — | — |
Volatility
EQWL vs. BUFX - Volatility Comparison
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Volatility by Period
| EQWL | BUFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.82% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 8.27% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 10.68% | 4.04% | +6.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.04% | 4.04% | +11.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.78% | 4.04% | +12.74% |
EQWL vs. BUFX - Expense Ratio Comparison
EQWL has a 0.25% expense ratio, which is lower than BUFX's 0.96% expense ratio.
Dividends
EQWL vs. BUFX - Dividend Comparison
EQWL's dividend yield for the trailing twelve months is around 1.60%, while BUFX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BUFX FT Vest Laddered Enhance & Moderate 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% |
EQWL Invesco S&P 100 Equal Weight ETF | 1.60% | 1.67% | 1.86% | 1.97% | 2.12% | 1.65% | 2.01% | 2.04% | 2.23% | 1.27% | 2.01% | 2.03% |
Frequently Asked Questions
EQWL and BUFX have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On 1-year performance, EQWL leads with 19.82% vs 9.40% for BUFX. On fees, EQWL is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, EQWL has performed better with a 19.82% return vs 9.40%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EQWL is cheaper with a 0.25% expense ratio, compared with 0.96% for BUFX.
EQWL has the higher dividend yield at 1.60%, compared with 0.00% for BUFX.
EQWL is categorized as Large Cap Blend Equities, while BUFX is Defined Outcome. They also come from different issuers: Invesco and First Trust. Their fees differ too: 0.25% for EQWL and 0.96% for BUFX.
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