IVVM vs. BUFF
Compare and contrast key facts about iShares Large Cap Moderate Buffer ETF (IVVM) and Innovator Laddered Fund of U.S. Equity Power Buffer ETF (BUFF).
IVVM and BUFF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IVVM is an actively managed fund by iShares. It was launched on Jun 28, 2023. BUFF is a passively managed fund by Innovator that tracks the performance of the Refinitiv Laddered Power Buffer Strategy Index. It was launched on Oct 20, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IVVM or BUFF.
Correlation
The correlation between IVVM and BUFF 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
IVVM vs. BUFF - Performance Comparison
Key characteristics
IVVM:
0.95
BUFF:
0.62
IVVM:
1.41
BUFF:
0.94
IVVM:
1.24
BUFF:
1.16
IVVM:
1.10
BUFF:
0.61
IVVM:
5.42
BUFF:
2.80
IVVM:
2.37%
BUFF:
2.22%
IVVM:
13.51%
BUFF:
10.05%
IVVM:
-11.62%
BUFF:
-46.23%
IVVM:
-3.42%
BUFF:
-4.63%
Returns By Period
In the year-to-date period, IVVM achieves a -0.50% return, which is significantly higher than BUFF's -2.29% return.
IVVM
-0.50%
0.24%
0.92%
11.95%
N/A
N/A
BUFF
-2.29%
-0.27%
-1.33%
5.73%
11.01%
N/A
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IVVM vs. BUFF - Expense Ratio Comparison
IVVM has a 0.50% expense ratio, which is lower than BUFF's 0.99% expense ratio.
Risk-Adjusted Performance
IVVM vs. BUFF — Risk-Adjusted Performance Rank
IVVM
BUFF
IVVM vs. BUFF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Large Cap Moderate Buffer ETF (IVVM) and Innovator Laddered Fund of U.S. Equity Power Buffer ETF (BUFF). 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
IVVM vs. BUFF - Dividend Comparison
IVVM's dividend yield for the trailing twelve months is around 0.62%, while BUFF has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
IVVM iShares Large Cap Moderate Buffer ETF | 0.62% | 0.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BUFF Innovator Laddered Fund of U.S. Equity Power Buffer ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.78% | 1.68% | 1.74% | 1.55% | 0.18% |
Drawdowns
IVVM vs. BUFF - Drawdown Comparison
The maximum IVVM drawdown since its inception was -11.62%, smaller than the maximum BUFF drawdown of -46.23%. Use the drawdown chart below to compare losses from any high point for IVVM and BUFF. For additional features, visit the drawdowns tool.
Volatility
IVVM vs. BUFF - Volatility Comparison
iShares Large Cap Moderate Buffer ETF (IVVM) has a higher volatility of 10.91% compared to Innovator Laddered Fund of U.S. Equity Power Buffer ETF (BUFF) at 8.10%. This indicates that IVVM's price experiences larger fluctuations and is considered to be riskier than BUFF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.