FDRS vs. BUFX

Last updated Jun 25, 2026

FDRS (Founder-Led ETF) and BUFX (FT Vest Laddered Enhance & Moderate Buffer ETF) are both exchange-traded funds - FDRS is a Large Cap Blend Equities fund tracking the Founder Led Index, while BUFX is a Defined Outcome fund managed by First Trust. A 0.74 correlation means they provide meaningful diversification when combined. FDRS charges 0.49%/yr vs 0.96%/yr for BUFX.

Performance

FDRS vs. BUFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Founder-Led ETF (FDRS) and FT Vest Laddered Enhance & Moderate Buffer ETF (BUFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FDRS achieves a -8.02% return, which is significantly lower than BUFX's 3.77% return.

FDRS

• 1D: -1.06%
• 1M: -4.38%
• YTD: -8.02%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BUFX

• 1D: -0.07%
• 1M: 0.02%
• YTD: 3.77%
• 6M: 3.59%
• 1Y: 9.40%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FDRS vs. BUFX - Yearly Performance Comparison

	2026 (YTD)	2025
FDRS Founder-Led ETF	-8.02%	-1.34%
BUFX FT Vest Laddered Enhance & Moderate Buffer ETF	3.77%	-0.05%

Correlation

The correlation between FDRS and BUFX is 0.74, 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 Dec 30, 2025	0.74

Return for Risk

FDRS vs. BUFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Founder-Led ETF (FDRS) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

FDRS vs. BUFX - Drawdown Comparison

The maximum FDRS drawdown since its inception was -21.77%, which is greater than BUFX's maximum drawdown of -2.87%. Use the drawdown chart below to compare losses from any high point for FDRS and BUFX.

Drawdown Indicators

	FDRS	BUFX	Difference
Max Drawdown Largest peak-to-trough decline	-21.77%	-2.87%	-18.90%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.87%	—
Current Drawdown Current decline from peak	-12.40%	-0.65%	-11.75%
Average Drawdown Average peak-to-trough decline	-9.38%	-0.25%	-9.13%

Volatility

Volatility by Period

	FDRS	BUFX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	29.05%	4.04%	+25.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.05%	4.04%	+25.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.05%	4.04%	+25.01%

FDRS vs. BUFX - Expense Ratio Comparison

FDRS has a 0.49% expense ratio, which is lower than BUFX's 0.96% expense ratio.

Dividends

FDRS vs. BUFX - Dividend Comparison

Neither FDRS nor BUFX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both FDRS and BUFX in my portfolio?

FDRS and BUFX have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FDRS or BUFX?

On fees, FDRS is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FDRS or BUFX?

FDRS is cheaper with a 0.49% expense ratio, compared with 0.96% for BUFX.

Which ETF pays a higher dividend yield, FDRS or BUFX?

FDRS and BUFX have nearly identical dividend yields, around 0.00%.

What is the main difference between FDRS and BUFX?

FDRS is categorized as Large Cap Blend Equities, while BUFX is Defined Outcome. They also come from different issuers: Corgi Strategies and First Trust. Their fees differ too: 0.49% for FDRS and 0.96% for BUFX.