SPCIX vs. BUFF
Compare and contrast key facts about SilverPepper Commodity Strategies Global Macro Fund (SPCIX) and Innovator Laddered Fund of U.S. Equity Power Buffer ETF (BUFF).
SPCIX is managed by SilverPepper. It was launched on Oct 30, 2013. BUFF is a passively managed fund by Innovator that tracks the performance of the Refinitiv Laddered Power Buffer Strategy Index. It was launched on Oct 20, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPCIX or BUFF.
Key characteristics
| SPCIX | BUFF |
|---|
Correlation
The correlation between SPCIX and BUFF is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SPCIX vs. BUFF - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SPCIX vs. BUFF - Expense Ratio Comparison
SPCIX has a 1.94% expense ratio, which is higher than BUFF's 0.99% expense ratio.
Risk-Adjusted Performance
SPCIX vs. BUFF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SilverPepper Commodity Strategies Global Macro Fund (SPCIX) and Innovator Laddered Fund of U.S. Equity Power Buffer ETF (BUFF). 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.
Dividends
SPCIX vs. BUFF - Dividend Comparison
Neither SPCIX nor BUFF has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
SPCIX SilverPepper Commodity Strategies Global Macro Fund | 0.00% | 0.00% | 28.28% | 23.57% | 0.00% | 0.09% | 5.54% | 0.28% | 0.00% |
BUFF Innovator Laddered Fund of U.S. Equity Power Buffer ETF | 0.00% | 0.00% | 0.00% | 0.00% | 1.78% | 1.68% | 1.74% | 1.55% | 0.18% |
Drawdowns
SPCIX vs. BUFF - Drawdown Comparison
Volatility
SPCIX vs. BUFF - Volatility Comparison
The current volatility for SilverPepper Commodity Strategies Global Macro Fund (SPCIX) is 0.00%, while Innovator Laddered Fund of U.S. Equity Power Buffer ETF (BUFF) has a volatility of 1.23%. This indicates that SPCIX experiences smaller price fluctuations and is considered to be less risky than BUFF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.