PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
SPCX vs. BUFF
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SPCX and BUFF is 0.01, 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.


-0.50.00.51.00.0

Performance

SPCX vs. BUFF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPAC and New Issue ETF (SPCX) and Innovator Laddered Fund of U.S. Equity Power Buffer ETF (BUFF). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
-3.42%
35.84%
SPCX
BUFF

Key characteristics

Sharpe Ratio

SPCX:

0.23

BUFF:

2.70

Sortino Ratio

SPCX:

0.41

BUFF:

3.93

Omega Ratio

SPCX:

1.07

BUFF:

1.55

Calmar Ratio

SPCX:

0.08

BUFF:

4.12

Martin Ratio

SPCX:

1.88

BUFF:

24.01

Ulcer Index

SPCX:

1.13%

BUFF:

0.56%

Daily Std Dev

SPCX:

9.42%

BUFF:

4.95%

Max Drawdown

SPCX:

-28.29%

BUFF:

-46.23%

Current Drawdown

SPCX:

-24.76%

BUFF:

-0.75%

Returns By Period

In the year-to-date period, SPCX achieves a 1.96% return, which is significantly lower than BUFF's 12.20% return.


SPCX

YTD

1.96%

1M

-0.40%

6M

0.09%

1Y

2.22%

5Y*

N/A

10Y*

N/A

BUFF

YTD

12.20%

1M

0.31%

6M

5.03%

1Y

12.79%

5Y*

3.10%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


SPCX vs. BUFF - Expense Ratio Comparison

SPCX has a 0.95% expense ratio, which is lower than BUFF's 0.99% expense ratio.


BUFF
Innovator Laddered Fund of U.S. Equity Power Buffer ETF
Expense ratio chart for BUFF: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
Expense ratio chart for SPCX: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Risk-Adjusted Performance

SPCX vs. BUFF - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPAC and New Issue ETF (SPCX) 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.


Sharpe ratio
The chart of Sharpe ratio for SPCX, currently valued at 0.23, compared to the broader market0.002.004.000.232.70
The chart of Sortino ratio for SPCX, currently valued at 0.41, compared to the broader market-2.000.002.004.006.008.0010.000.413.93
The chart of Omega ratio for SPCX, currently valued at 1.07, compared to the broader market0.501.001.502.002.503.001.071.55
The chart of Calmar ratio for SPCX, currently valued at 0.08, compared to the broader market0.005.0010.0015.000.084.12
The chart of Martin ratio for SPCX, currently valued at 1.88, compared to the broader market0.0020.0040.0060.0080.00100.001.8824.01
SPCX
BUFF

The current SPCX Sharpe Ratio is 0.23, which is lower than the BUFF Sharpe Ratio of 2.70. The chart below compares the historical Sharpe Ratios of SPCX and BUFF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.23
2.70
SPCX
BUFF

Dividends

SPCX vs. BUFF - Dividend Comparison

Neither SPCX nor BUFF has paid dividends to shareholders.


TTM20232022202120202019201820172016
SPCX
SPAC and New Issue ETF
0.00%2.27%0.00%1.28%0.00%0.00%0.00%0.00%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

SPCX vs. BUFF - Drawdown Comparison

The maximum SPCX drawdown since its inception was -28.29%, smaller than the maximum BUFF drawdown of -46.23%. Use the drawdown chart below to compare losses from any high point for SPCX and BUFF. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-24.76%
-0.75%
SPCX
BUFF

Volatility

SPCX vs. BUFF - Volatility Comparison

SPAC and New Issue ETF (SPCX) has a higher volatility of 1.72% compared to Innovator Laddered Fund of U.S. Equity Power Buffer ETF (BUFF) at 1.36%. This indicates that SPCX's price experiences larger fluctuations and is considered to be riskier than BUFF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
1.72%
1.36%
SPCX
BUFF
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab