MOAT vs. BUFH

Last updated Jun 4, 2026

MOAT (VanEck Morningstar Wide Moat ETF) and BUFH (FT Vest Laddered Max Buffer ETF) are both exchange-traded funds - MOAT is a Large Cap Blend Equities fund tracking the Morningstar Wide Moat Focus Index, while BUFH is a Defined Outcome fund managed by First Trust. A 0.52 correlation means they provide meaningful diversification when combined. MOAT charges 0.47%/yr vs 0.95%/yr for BUFH.

Performance

MOAT vs. BUFH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Morningstar Wide Moat ETF (MOAT) 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, MOAT achieves a -0.94% return, which is significantly lower than BUFH's 2.45% return.

MOAT

• 1D: -1.37%
• 1M: 3.30%
• YTD: -0.94%
• 6M: -0.69%
• 1Y: 14.97%
• 3Y*: 11.34%
• 5Y*: 8.01%
• 10Y*: 13.37%

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)

MOAT vs. BUFH - Yearly Performance Comparison

	2026 (YTD)	2025
MOAT VanEck Morningstar Wide Moat ETF	-0.94%	13.62%
BUFH FT Vest Laddered Max Buffer ETF	2.45%	3.89%

Correlation

The correlation between MOAT and BUFH is 0.52, 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 Jun 26, 2025	0.52

Return for Risk

MOAT vs. BUFH — Risk / Return Rank

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

MOAT

MOAT Risk / Return Rank: 27
MOAT Sharpe Ratio Rank: 29
MOAT Sortino Ratio Rank: 29
MOAT Omega Ratio Rank: 27
MOAT Calmar Ratio Rank: 25
MOAT Martin Ratio Rank: 27

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.

MOAT vs. BUFH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Morningstar Wide Moat ETF (MOAT) 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.

	MOAT	BUFH	Difference
Sharpe ratio: Return per unit of total volatility	1.09	—	—
Sortino ratio: Return per unit of downside risk	1.64	—	—
Omega ratio: Gain probability vs. loss probability	1.19	—	—
Calmar ratio: Return relative to maximum drawdown	1.21	—	—
Martin ratio: Return relative to average drawdown	3.77	—	—
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

	MOAT	BUFH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.09	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.44	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.72	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.77	2.91	-2.14

Drawdowns

MOAT vs. BUFH - Drawdown Comparison

The maximum MOAT drawdown since its inception was -33.31%, which is greater than BUFH's maximum drawdown of -1.53%. Use the drawdown chart below to compare losses from any high point for MOAT and BUFH.

Drawdown Indicators

	MOAT	BUFH	Difference
Max Drawdown Largest peak-to-trough decline	-33.31%	-1.53%	-31.78%
Max Drawdown (1Y) Largest decline over 1 year	-12.43%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-21.44%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-23.96%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.31%	—	—
Current Drawdown Current decline from peak	-4.72%	-0.05%	-4.67%
Average Drawdown Average peak-to-trough decline	-3.83%	-0.18%	-3.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.98%	—	—

Volatility

Volatility by Period

	MOAT	BUFH	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.82%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.87%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.86%	2.37%	+11.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.18%	2.37%	+15.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.68%	2.37%	+16.31%

MOAT vs. BUFH - Expense Ratio Comparison

MOAT has a 0.47% expense ratio, which is lower than BUFH's 0.95% expense ratio.

Dividends

MOAT vs. BUFH - Dividend Comparison

MOAT's dividend yield for the trailing twelve months is around 1.37%, 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%
MOAT VanEck Morningstar Wide Moat ETF	1.37%	1.36%	1.37%	0.86%	1.25%	1.08%	1.46%	1.31%	1.79%	1.07%	1.17%	2.13%

Frequently Asked Questions

Can I hold both MOAT and BUFH in my portfolio?

MOAT and BUFH have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MOAT or BUFH?

On fees, MOAT is cheaper at 0.47% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MOAT or BUFH?

MOAT is cheaper with a 0.47% expense ratio, compared with 0.95% for BUFH.

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

MOAT has the higher dividend yield at 1.37%, compared with 0.00% for BUFH.

What is the main difference between MOAT and BUFH?

MOAT is categorized as Large Cap Blend Equities, while BUFH is Defined Outcome. They also come from different issuers: VanEck and First Trust. Their fees differ too: 0.47% for MOAT and 0.95% for BUFH.