FDEC vs. BUFR
Compare and contrast key facts about FT Cboe Vest U.S. Equity Buffer ETF - December (FDEC) and FT Cboe Vest Fund of Buffer ETFs (BUFR).
FDEC and BUFR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FDEC is an actively managed fund by First Trust. It was launched on Dec 18, 2020. BUFR is an actively managed fund by First Trust. It was launched on Aug 10, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDEC or BUFR.
Key characteristics
| FDEC | BUFR | |
|---|---|---|
| YTD Return | 5.21% | 5.04% |
| 1Y Return | 22.48% | 19.79% |
| 3Y Return (Ann) | 8.10% | 7.38% |
| Sharpe Ratio | 2.51 | 2.41 |
| Daily Std Dev | 8.67% | 7.93% |
| Max Drawdown | -15.67% | -13.73% |
| Current Drawdown | -0.46% | -0.18% |
Correlation
The correlation between FDEC and BUFR is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FDEC vs. BUFR - Performance Comparison
The year-to-date returns for both stocks are quite close, with FDEC having a 5.21% return and BUFR slightly lower at 5.04%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FDEC vs. BUFR - Expense Ratio Comparison
FDEC has a 0.85% expense ratio, which is lower than BUFR's 1.05% expense ratio.
Risk-Adjusted Performance
FDEC vs. BUFR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest U.S. Equity Buffer ETF - December (FDEC) and FT Cboe Vest Fund of Buffer ETFs (BUFR). 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.
Dividends
FDEC vs. BUFR - Dividend Comparison
Neither FDEC nor BUFR has paid dividends to shareholders.
Drawdowns
FDEC vs. BUFR - Drawdown Comparison
The maximum FDEC drawdown since its inception was -15.67%, which is greater than BUFR's maximum drawdown of -13.73%. Use the drawdown chart below to compare losses from any high point for FDEC and BUFR. For additional features, visit the drawdowns tool.
Volatility
FDEC vs. BUFR - Volatility Comparison
FT Cboe Vest U.S. Equity Buffer ETF - December (FDEC) has a higher volatility of 2.31% compared to FT Cboe Vest Fund of Buffer ETFs (BUFR) at 2.18%. This indicates that FDEC's price experiences larger fluctuations and is considered to be riskier than BUFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.