IWV vs. BUFX
IWV (iShares Russell 3000 ETF) and BUFX (FT Vest Laddered Enhance & Moderate Buffer ETF) are both exchange-traded funds - IWV is a Large Cap Blend Equities fund tracking the Russell 3000 Index, while BUFX is a Defined Outcome fund managed by First Trust. Their correlation of 0.90 suggests significant overlap in exposure. IWV charges 0.20%/yr vs 0.96%/yr for BUFX.
Performance
IWV vs. BUFX - Performance Comparison
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Returns By Period
In the year-to-date period, IWV achieves a 10.01% return, which is significantly higher than BUFX's 4.12% return.
IWV
- 1D
- -0.27%
- 1M
- 0.53%
- YTD
- 10.01%
- 6M
- 9.26%
- 1Y
- 26.55%
- 3Y*
- 20.91%
- 5Y*
- 12.24%
- 10Y*
- 15.13%
BUFX
- 1D
- -0.07%
- 1M
- 0.36%
- YTD
- 4.12%
- 6M
- 4.24%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IWV vs. BUFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IWV iShares Russell 3000 ETF | 10.01% | 12.80% |
BUFX FT Vest Laddered Enhance & Moderate Buffer ETF | 4.12% | 5.43% |
Correlation
The correlation between IWV 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 |
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Return for Risk
IWV vs. BUFX — Risk / Return Rank
IWV
BUFX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IWV vs. BUFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell 3000 ETF (IWV) 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.
| IWV | BUFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.38 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.00 | — | — |
| Martin ratioReturn relative to average drawdown | 13.42 | — | — |
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Drawdowns
IWV vs. BUFX - Drawdown Comparison
The maximum IWV drawdown since its inception was -55.61%, which is greater than BUFX's maximum drawdown of -2.87%. Use the drawdown chart below to compare losses from any high point for IWV and BUFX.
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Drawdown Indicators
| IWV | BUFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.61% | -2.87% | -52.74% |
Max Drawdown (1Y)Largest decline over 1 year | -8.89% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -19.28% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -25.11% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -35.22% | — | — |
Current DrawdownCurrent decline from peak | -1.46% | -0.32% | -1.14% |
Average DrawdownAverage peak-to-trough decline | -10.57% | -0.24% | -10.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.98% | — | — |
Volatility
IWV vs. BUFX - Volatility Comparison
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Volatility by Period
| IWV | BUFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.65% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 9.89% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 12.67% | 4.04% | +8.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.32% | 4.04% | +13.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.45% | 4.04% | +14.41% |
IWV vs. BUFX - Expense Ratio Comparison
IWV has a 0.20% expense ratio, which is lower than BUFX's 0.96% expense ratio.
Dividends
IWV vs. BUFX - Dividend Comparison
IWV's dividend yield for the trailing twelve months is around 0.88%, 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% |
IWV iShares Russell 3000 ETF | 0.88% | 0.96% | 1.08% | 1.30% | 1.56% | 1.04% | 1.30% | 1.69% | 1.97% | 1.58% | 1.79% | 1.99% |
Frequently Asked Questions
IWV and BUFX have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IWV is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IWV is cheaper with a 0.20% expense ratio, compared with 0.96% for BUFX.
IWV has the higher dividend yield at 0.88%, compared with 0.00% for BUFX.
IWV is categorized as Large Cap Blend Equities, while BUFX is Defined Outcome. They also come from different issuers: iShares and First Trust. Their fees differ too: 0.20% for IWV and 0.96% for BUFX.
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