SPQ vs. BUFH

Last updated Jun 4, 2026

SPQ (Simplify US Equity Plus QIS ETF) and BUFH (FT Vest Laddered Max Buffer ETF) are both exchange-traded funds - SPQ is a Large Cap Blend Equities fund actively managed by Simplify, while BUFH is a Defined Outcome fund managed by First Trust. SPQ charges 1.00%/yr vs 0.95%/yr for BUFH.

Performance

SPQ vs. BUFH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify US Equity Plus QIS ETF (SPQ) and FT Vest Laddered Max Buffer ETF (BUFH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SPQ

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BUFH

• 1D: -0.05%
• 1M: 0.75%
• YTD: 2.45%
• 6M: 2.82%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SPQ vs. BUFH - Yearly Performance Comparison

	2026 (YTD)	2025
SPQ Simplify US Equity Plus QIS ETF	0.00%	0.00%
BUFH FT Vest Laddered Max Buffer ETF	2.45%	3.89%

Return for Risk

SPQ vs. BUFH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify US Equity Plus QIS ETF (SPQ) and FT Vest Laddered Max Buffer ETF (BUFH). 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.

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

Sharpe Ratios by Period

	SPQ	BUFH	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	2.91	—

Drawdowns

Drawdown Indicators

	SPQ	BUFH	Difference
Max Drawdown Largest peak-to-trough decline	—	-1.53%	—
Current Drawdown Current decline from peak	—	-0.05%	—
Average Drawdown Average peak-to-trough decline	—	-0.18%	—

Volatility

Volatility by Period

	SPQ	BUFH	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	2.37%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	2.37%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	2.37%	—

SPQ vs. BUFH - Expense Ratio Comparison

SPQ has a 1.00% expense ratio, which is higher than BUFH's 0.95% expense ratio.

Dividends

SPQ vs. BUFH - Dividend Comparison

Neither SPQ nor BUFH has paid dividends to shareholders.

Position	TTM	2025	2024	2023
BUFH FT Vest Laddered Max Buffer ETF	0.00%	0.00%	0.00%	0.00%
SPQ Simplify US Equity Plus QIS ETF	0.00%	0.31%	17.17%	1.68%

Frequently Asked Questions

Which ETF is better, SPQ or BUFH?

On fees, BUFH is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SPQ or BUFH?

BUFH is cheaper with a 0.95% expense ratio, compared with 1.00% for SPQ.

Which ETF pays a higher dividend yield, SPQ or BUFH?

SPQ and BUFH have nearly identical dividend yields, around 0.00%.

What is the main difference between SPQ and BUFH?

SPQ is categorized as Large Cap Blend Equities, while BUFH is Defined Outcome. They also come from different issuers: Simplify and First Trust. Their fees differ too: 1.00% for SPQ and 0.95% for BUFH.