INRO vs. BUFX

Last updated Jun 24, 2026

INRO (Blackrock U.S. Industry Rotation ETF) and BUFX (FT Vest Laddered Enhance & Moderate Buffer ETF) are both exchange-traded funds - INRO is a Large Cap Blend Equities fund actively managed by BlackRock, while BUFX is a Defined Outcome fund managed by First Trust. Their correlation of 0.90 suggests significant overlap in exposure. INRO charges 0.42%/yr vs 0.96%/yr for BUFX.

Performance

INRO vs. BUFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Blackrock U.S. Industry Rotation ETF (INRO) 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, INRO achieves a 11.64% return, which is significantly higher than BUFX's 3.84% return.

INRO

• 1D: -1.81%
• 1M: 0.25%
• YTD: 11.64%
• 6M: 10.49%
• 1Y: 28.25%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BUFX

• 1D: -0.27%
• 1M: 0.09%
• YTD: 3.84%
• 6M: 3.89%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

INRO vs. BUFX - Yearly Performance Comparison

	2026 (YTD)	2025
INRO Blackrock U.S. Industry Rotation ETF	11.64%	13.54%
BUFX FT Vest Laddered Enhance & Moderate Buffer ETF	3.84%	5.43%

Correlation

The correlation between INRO and BUFX is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 25, 2025	0.90

Return for Risk

INRO vs. BUFX — Risk / Return Rank

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

INRO

INRO Risk / Return Rank: 69
INRO Sharpe Ratio Rank: 69
INRO Sortino Ratio Rank: 67
INRO Omega Ratio Rank: 67
INRO Calmar Ratio Rank: 66
INRO Martin Ratio Rank: 77

BUFX

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

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.

INRO vs. BUFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Blackrock U.S. Industry Rotation ETF (INRO) 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.

	INRO	BUFX	Difference
Sharpe ratio: Return per unit of total volatility	2.06	—	—
Sortino ratio: Return per unit of downside risk	2.80	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	3.03	—	—
Martin ratio: Return relative to average drawdown	13.68	—	—

Drawdowns

INRO vs. BUFX - Drawdown Comparison

The maximum INRO drawdown since its inception was -20.02%, which is greater than BUFX's maximum drawdown of -2.87%. Use the drawdown chart below to compare losses from any high point for INRO and BUFX.

Drawdown Indicators

	INRO	BUFX	Difference
Max Drawdown Largest peak-to-trough decline	-20.02%	-2.87%	-17.15%
Max Drawdown (1Y) Largest decline over 1 year	-9.36%	—	—
Current Drawdown Current decline from peak	-2.30%	-0.59%	-1.71%
Average Drawdown Average peak-to-trough decline	-2.58%	-0.24%	-2.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.07%	—	—

Volatility

Volatility by Period

	INRO	BUFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.91%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.23%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.83%	4.05%	+9.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.29%	4.05%	+13.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.29%	4.05%	+13.24%

INRO vs. BUFX - Expense Ratio Comparison

INRO has a 0.42% expense ratio, which is lower than BUFX's 0.96% expense ratio.

Dividends

INRO vs. BUFX - Dividend Comparison

INRO's dividend yield for the trailing twelve months is around 0.61%, while BUFX has not paid dividends to shareholders.

Position	TTM	2025	2024
BUFX FT Vest Laddered Enhance & Moderate Buffer ETF	0.00%	0.00%	0.00%
INRO Blackrock U.S. Industry Rotation ETF	0.61%	0.68%	0.50%

Frequently Asked Questions

Can I hold both INRO and BUFX in my portfolio?

With a correlation of 0.90, INRO and BUFX 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.

Which ETF is better, INRO or BUFX?

On fees, INRO is cheaper at 0.42% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, INRO or BUFX?

INRO is cheaper with a 0.42% expense ratio, compared with 0.96% for BUFX.

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

INRO has the higher dividend yield at 0.61%, compared with 0.00% for BUFX.

What is the main difference between INRO and BUFX?

INRO is categorized as Large Cap Blend Equities, while BUFX is Defined Outcome. They also come from different issuers: BlackRock and First Trust. Their fees differ too: 0.42% for INRO and 0.96% for BUFX.