SPCT vs. BUFX

Last updated Jun 25, 2026

SPCT (Liberty One Spectrum ETF) and BUFX (FT Vest Laddered Enhance & Moderate Buffer ETF) are both exchange-traded funds - SPCT is a Large Cap Blend Equities fund actively managed by Liberty One, while BUFX is a Defined Outcome fund managed by First Trust. A 0.52 correlation means they provide meaningful diversification when combined. SPCT charges 0.85%/yr vs 0.96%/yr for BUFX.

Performance

SPCT vs. BUFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Liberty One Spectrum ETF (SPCT) 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, SPCT achieves a 7.29% return, which is significantly higher than BUFX's 3.77% return.

SPCT

• 1D: 0.09%
• 1M: -1.00%
• YTD: 7.29%
• 6M: 6.45%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BUFX

• 1D: -0.07%
• 1M: 0.02%
• YTD: 3.77%
• 6M: 3.59%
• 1Y: 9.40%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SPCT vs. BUFX - Yearly Performance Comparison

	2026 (YTD)	2025
SPCT Liberty One Spectrum ETF	7.29%	1.93%
BUFX FT Vest Laddered Enhance & Moderate Buffer ETF	3.77%	2.19%

Correlation

The correlation between SPCT and BUFX 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 Sep 30, 2025	0.52

Return for Risk

SPCT vs. BUFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Liberty One Spectrum ETF (SPCT) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

SPCT vs. BUFX - Drawdown Comparison

The maximum SPCT drawdown since its inception was -7.17%, which is greater than BUFX's maximum drawdown of -2.87%. Use the drawdown chart below to compare losses from any high point for SPCT and BUFX.

Drawdown Indicators

	SPCT	BUFX	Difference
Max Drawdown Largest peak-to-trough decline	-7.17%	-2.87%	-4.30%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.87%	—
Current Drawdown Current decline from peak	-1.52%	-0.65%	-0.87%
Average Drawdown Average peak-to-trough decline	-1.54%	-0.25%	-1.29%

Volatility

Volatility by Period

	SPCT	BUFX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	9.29%	4.04%	+5.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.29%	4.04%	+5.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.29%	4.04%	+5.25%

SPCT vs. BUFX - Expense Ratio Comparison

SPCT has a 0.85% expense ratio, which is lower than BUFX's 0.96% expense ratio.

Dividends

SPCT vs. BUFX - Dividend Comparison

SPCT's dividend yield for the trailing twelve months is around 0.75%, while BUFX has not paid dividends to shareholders.

Position	TTM	2025
BUFX FT Vest Laddered Enhance & Moderate Buffer ETF	0.00%	0.00%
SPCT Liberty One Spectrum ETF	0.75%	0.16%

Frequently Asked Questions

Can I hold both SPCT and BUFX in my portfolio?

SPCT and BUFX 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, SPCT or BUFX?

On fees, SPCT is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SPCT or BUFX?

SPCT is cheaper with a 0.85% expense ratio, compared with 0.96% for BUFX.

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

SPCT has the higher dividend yield at 0.75%, compared with 0.00% for BUFX.

What is the main difference between SPCT and BUFX?

SPCT is categorized as Large Cap Blend Equities, while BUFX is Defined Outcome. They also come from different issuers: Liberty One and First Trust. Their fees differ too: 0.85% for SPCT and 0.96% for BUFX.