RVER vs. BUFX

Last updated Jun 24, 2026

RVER (Trenchless Fund ETF) and BUFX (FT Vest Laddered Enhance & Moderate Buffer ETF) are both exchange-traded funds - RVER is a Large Cap Blend Equities fund actively managed by River1, while BUFX is a Defined Outcome fund managed by First Trust. A 0.67 correlation means they provide meaningful diversification when combined. RVER charges 0.65%/yr vs 0.96%/yr for BUFX.

Performance

RVER vs. BUFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Trenchless Fund ETF (RVER) 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, RVER achieves a 11.38% return, which is significantly higher than BUFX's 3.84% return.

RVER

• 1D: -1.77%
• 1M: 5.71%
• YTD: 11.38%
• 6M: 10.20%
• 1Y: 17.51%
• 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)

RVER vs. BUFX - Yearly Performance Comparison

	2026 (YTD)	2025
RVER Trenchless Fund ETF	11.38%	3.37%
BUFX FT Vest Laddered Enhance & Moderate Buffer ETF	3.84%	5.43%

Correlation

The correlation between RVER and BUFX is 0.67, 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 25, 2025	0.67

Return for Risk

RVER vs. BUFX — Risk / Return Rank

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

RVER

RVER Risk / Return Rank: 21
RVER Sharpe Ratio Rank: 23
RVER Sortino Ratio Rank: 23
RVER Omega Ratio Rank: 22
RVER Calmar Ratio Rank: 20
RVER Martin Ratio Rank: 20

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.

RVER vs. BUFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Trenchless Fund ETF (RVER) 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.

	RVER	BUFX	Difference
Sharpe ratio: Return per unit of total volatility	0.76	—	—
Sortino ratio: Return per unit of downside risk	1.20	—	—
Omega ratio: Gain probability vs. loss probability	1.14	—	—
Calmar ratio: Return relative to maximum drawdown	0.81	—	—
Martin ratio: Return relative to average drawdown	2.19	—	—

Drawdowns

RVER vs. BUFX - Drawdown Comparison

The maximum RVER drawdown since its inception was -26.21%, which is greater than BUFX's maximum drawdown of -2.87%. Use the drawdown chart below to compare losses from any high point for RVER and BUFX.

Drawdown Indicators

	RVER	BUFX	Difference
Max Drawdown Largest peak-to-trough decline	-26.21%	-2.87%	-23.34%
Max Drawdown (1Y) Largest decline over 1 year	-21.61%	—	—
Current Drawdown Current decline from peak	-8.46%	-0.59%	-7.87%
Average Drawdown Average peak-to-trough decline	-5.96%	-0.24%	-5.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.03%	—	—

Volatility

Volatility by Period

	RVER	BUFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.33%	—	—
Volatility (6M) Calculated over the trailing 6-month period	19.23%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	23.21%	4.05%	+19.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.42%	4.05%	+22.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.42%	4.05%	+22.37%

RVER vs. BUFX - Expense Ratio Comparison

RVER has a 0.65% expense ratio, which is lower than BUFX's 0.96% expense ratio.

Dividends

RVER vs. BUFX - Dividend Comparison

RVER's dividend yield for the trailing twelve months is around 1.53%, while BUFX has not paid dividends to shareholders.

Position	TTM	2025
BUFX FT Vest Laddered Enhance & Moderate Buffer ETF	0.00%	0.00%
RVER Trenchless Fund ETF	1.53%	1.71%

Frequently Asked Questions

Can I hold both RVER and BUFX in my portfolio?

RVER and BUFX have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RVER or BUFX?

On fees, RVER is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RVER or BUFX?

RVER is cheaper with a 0.65% expense ratio, compared with 0.96% for BUFX.

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

RVER has the higher dividend yield at 1.53%, compared with 0.00% for BUFX.

What is the main difference between RVER and BUFX?

RVER is categorized as Large Cap Blend Equities, while BUFX is Defined Outcome. They also come from different issuers: River1 and First Trust. Their fees differ too: 0.65% for RVER and 0.96% for BUFX.