SNAV vs. BUFX

Last updated Jun 3, 2026

SNAV (Mohr Sector Nav ETF) and BUFX (FT Vest Laddered Enhance & Moderate Buffer ETF) are both exchange-traded funds - SNAV is a Large Cap Blend Equities fund actively managed by Mohr Funds, while BUFX is a Defined Outcome fund managed by First Trust. Their correlation of 0.82 suggests significant overlap in exposure. SNAV charges 1.30%/yr vs 0.96%/yr for BUFX.

Performance

SNAV vs. BUFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mohr Sector Nav ETF (SNAV) 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, SNAV achieves a 12.32% return, which is significantly higher than BUFX's 4.14% return.

SNAV

• 1D: 0.45%
• 1M: 7.17%
• YTD: 12.32%
• 6M: 12.65%
• 1Y: 27.10%
• 3Y*: 15.83%
• 5Y*: —
• 10Y*: —

BUFX

• 1D: -0.02%
• 1M: 1.17%
• YTD: 4.14%
• 6M: 4.86%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SNAV vs. BUFX - Yearly Performance Comparison

	2026 (YTD)	2025
SNAV Mohr Sector Nav ETF	12.32%	10.26%
BUFX FT Vest Laddered Enhance & Moderate Buffer ETF	4.14%	5.62%

Correlation

The correlation between SNAV and BUFX is 0.82, 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 26, 2025	0.82

Return for Risk

SNAV vs. BUFX — Risk / Return Rank

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

SNAV

SNAV Risk / Return Rank: 77
SNAV Sharpe Ratio Rank: 77
SNAV Sortino Ratio Rank: 74
SNAV Omega Ratio Rank: 75
SNAV Calmar Ratio Rank: 80
SNAV Martin Ratio Rank: 77

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.

SNAV vs. BUFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mohr Sector Nav ETF (SNAV) 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.

	SNAV	BUFX	Difference
Sharpe ratio Return per unit of total volatility	2.55	—	—
Sortino ratio Return per unit of downside risk	3.44	—	—
Omega ratio Gain probability vs. loss probability	1.46	—	—
Calmar ratio Return relative to maximum drawdown	4.24	—	—
Martin ratio Return relative to average drawdown	15.28	—	—
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

	SNAV	BUFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.55	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.13	2.70	-1.58

Drawdowns

SNAV vs. BUFX - Drawdown Comparison

The maximum SNAV drawdown since its inception was -16.61%, which is greater than BUFX's maximum drawdown of -2.87%. Use the drawdown chart below to compare losses from any high point for SNAV and BUFX.

Drawdown Indicators

	SNAV	BUFX	Difference
Max Drawdown Largest peak-to-trough decline	-16.61%	-2.87%	-13.74%
Max Drawdown (1Y) Largest decline over 1 year	-6.45%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-16.61%	—	—
Current Drawdown Current decline from peak	0.00%	-0.02%	+0.02%
Average Drawdown Average peak-to-trough decline	-2.51%	-0.24%	-2.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.79%	—	—

Volatility

Volatility by Period

	SNAV	BUFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.05%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.27%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.66%	3.99%	+6.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.64%	3.99%	+9.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.64%	3.99%	+9.65%

SNAV vs. BUFX - Expense Ratio Comparison

SNAV has a 1.30% expense ratio, which is higher than BUFX's 0.96% expense ratio.

Dividends

SNAV vs. BUFX - Dividend Comparison

Neither SNAV nor BUFX has paid dividends to shareholders.

Position	TTM	2025	2024	2023
BUFX FT Vest Laddered Enhance & Moderate Buffer ETF	0.00%	0.00%	0.00%	0.00%
SNAV Mohr Sector Nav ETF	0.00%	0.00%	0.94%	3.29%

Frequently Asked Questions

Can I hold both SNAV and BUFX in my portfolio?

SNAV and BUFX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SNAV or BUFX?

On fees, BUFX is cheaper at 0.96% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SNAV or BUFX?

BUFX is cheaper with a 0.96% expense ratio, compared with 1.30% for SNAV.

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

SNAV and BUFX have nearly identical dividend yields, around 0.00%.

What is the main difference between SNAV and BUFX?

SNAV is categorized as Large Cap Blend Equities, while BUFX is Defined Outcome. They also come from different issuers: Mohr Funds and First Trust. Their fees differ too: 1.30% for SNAV and 0.96% for BUFX.