JPUS vs. BUFH

Last updated Jun 4, 2026

JPUS (JPMorgan Diversified Return US Equity ETF) and BUFH (FT Vest Laddered Max Buffer ETF) are both exchange-traded funds - JPUS is a Large Cap Blend Equities fund tracking the JPMorgan Diversified Factor US Equity Index, while BUFH is a Defined Outcome fund managed by First Trust. At a 0.45 correlation, their price movements are largely independent. JPUS charges 0.18%/yr vs 0.95%/yr for BUFH.

Performance

JPUS vs. BUFH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Diversified Return US Equity ETF (JPUS) and FT Vest Laddered Max Buffer ETF (BUFH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JPUS achieves a 11.55% return, which is significantly higher than BUFH's 2.45% return.

JPUS

• 1D: 0.04%
• 1M: 1.45%
• YTD: 11.55%
• 6M: 11.59%
• 1Y: 20.73%
• 3Y*: 15.97%
• 5Y*: 9.40%
• 10Y*: 11.49%

BUFH

• 1D: -0.05%
• 1M: 0.75%
• YTD: 2.45%
• 6M: 2.82%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JPUS vs. BUFH - Yearly Performance Comparison

	2026 (YTD)	2025
JPUS JPMorgan Diversified Return US Equity ETF	11.55%	7.92%
BUFH FT Vest Laddered Max Buffer ETF	2.45%	3.89%

Correlation

The correlation between JPUS and BUFH is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	0.45

Return for Risk

JPUS vs. BUFH — Risk / Return Rank

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

JPUS

JPUS Risk / Return Rank: 60
JPUS Sharpe Ratio Rank: 59
JPUS Sortino Ratio Rank: 61
JPUS Omega Ratio Rank: 56
JPUS Calmar Ratio Rank: 60
JPUS Martin Ratio Rank: 66

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.

JPUS vs. BUFH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Diversified Return US Equity ETF (JPUS) and FT Vest Laddered Max Buffer ETF (BUFH). 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.

	JPUS	BUFH	Difference
Sharpe ratio: Return per unit of total volatility	2.00	—	—
Sortino ratio: Return per unit of downside risk	2.90	—	—
Omega ratio: Gain probability vs. loss probability	1.35	—	—
Calmar ratio: Return relative to maximum drawdown	3.02	—	—
Martin ratio: Return relative to average drawdown	12.12	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	JPUS	BUFH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.00	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.69	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.72	2.91	-2.19

Drawdowns

JPUS vs. BUFH - Drawdown Comparison

The maximum JPUS drawdown since its inception was -38.69%, which is greater than BUFH's maximum drawdown of -1.53%. Use the drawdown chart below to compare losses from any high point for JPUS and BUFH.

Drawdown Indicators

	JPUS	BUFH	Difference
Max Drawdown Largest peak-to-trough decline	-38.69%	-1.53%	-37.16%
Max Drawdown (1Y) Largest decline over 1 year	-6.90%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-15.96%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-19.04%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-38.69%	—	—
Current Drawdown Current decline from peak	-0.01%	-0.05%	+0.04%
Average Drawdown Average peak-to-trough decline	-3.83%	-0.18%	-3.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.72%	—	—

Volatility

Volatility by Period

	JPUS	BUFH	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.90%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.58%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.41%	2.37%	+8.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.50%	2.37%	+12.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.76%	2.37%	+14.39%

JPUS vs. BUFH - Expense Ratio Comparison

JPUS has a 0.18% expense ratio, which is lower than BUFH's 0.95% expense ratio.

Dividends

JPUS vs. BUFH - Dividend Comparison

JPUS's dividend yield for the trailing twelve months is around 2.04%, while BUFH has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BUFH FT Vest Laddered Max 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%
JPUS JPMorgan Diversified Return US Equity ETF	2.04%	2.27%	2.12%	2.26%	2.35%	1.67%	1.94%	2.09%	2.16%	1.25%	0.77%	0.48%

Frequently Asked Questions

Can I hold both JPUS and BUFH in my portfolio?

JPUS and BUFH have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JPUS or BUFH?

On fees, JPUS is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JPUS or BUFH?

JPUS is cheaper with a 0.18% expense ratio, compared with 0.95% for BUFH.

Which ETF pays a higher dividend yield, JPUS or BUFH?

JPUS has the higher dividend yield at 2.04%, compared with 0.00% for BUFH.

What is the main difference between JPUS and BUFH?

JPUS is categorized as Large Cap Blend Equities, while BUFH is Defined Outcome. They also come from different issuers: JPMorgan and First Trust. Their fees differ too: 0.18% for JPUS and 0.95% for BUFH.