TOV vs. BUFX

Last updated Jul 14, 2026

TOV (JLens 500 Jewish Advocacy U.S. ETF) and BUFX (FT Vest Laddered Enhance & Moderate Buffer ETF) are both exchange-traded funds - TOV is a Large Cap Blend Equities fund tracking the JLens 500 Jewish Advocacy U.S. Index, while BUFX is a Defined Outcome fund managed by First Trust. Over the past year, TOV returned 21.46% vs 9.52% for BUFX. Their correlation of 0.88 suggests significant overlap in exposure. TOV charges 0.18%/yr vs 0.96%/yr for BUFX.

Performance

TOV vs. BUFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JLens 500 Jewish Advocacy U.S. ETF (TOV) 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, TOV achieves a 10.61% return, which is significantly higher than BUFX's 4.66% return.

TOV

• 1D: -0.82%
• 1M: 1.29%
• 6M: 8.43%
• YTD: 10.61%
• 1Y: 21.46%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BUFX

• 1D: -0.11%
• 1M: 0.77%
• 6M: 4.22%
• YTD: 4.66%
• 1Y: 9.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TOV vs. BUFX - Yearly Performance Comparison

	2026 (YTD)	2025
TOV JLens 500 Jewish Advocacy U.S. ETF	10.61%	12.73%
BUFX FT Vest Laddered Enhance & Moderate Buffer ETF	4.66%	5.43%

Correlation

The correlation between TOV and BUFX is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.89
Correlation (All Time) Calculated using the full available price history since Jun 25, 2025	0.88

The correlation between TOV and BUFX has been stable across timeframes, ranging from 0.88 to 0.89 - a consistent structural relationship.

Return for Risk

TOV vs. BUFX — Risk / Return Rank

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

TOV

TOV Risk / Return Rank: 64
TOV Sharpe Ratio Rank: 64
TOV Sortino Ratio Rank: 63
TOV Omega Ratio Rank: 62
TOV Calmar Ratio Rank: 61
TOV Martin Ratio Rank: 71

BUFX

BUFX Risk / Return Rank: 90
BUFX Sharpe Ratio Rank: 90
BUFX Sortino Ratio Rank: 93
BUFX Omega Ratio Rank: 93
BUFX Calmar Ratio Rank: 80
BUFX Martin Ratio Rank: 93

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.

TOV vs. BUFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JLens 500 Jewish Advocacy U.S. ETF (TOV) 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.

	TOV	BUFX	Difference
Sharpe ratio: Return per unit of total volatility	1.68	2.38	-0.70
Sortino ratio: Return per unit of downside risk	2.34	3.74	-1.40
Omega ratio: Gain probability vs. loss probability	1.30	1.52	-0.22
Calmar ratio: Return relative to maximum drawdown	2.42	3.33	-0.91
Martin ratio: Return relative to average drawdown	10.18	19.60	-9.41

TOV vs. BUFX - Sharpe Ratio Comparison

The current TOV Sharpe Ratio is 1.68, which is comparable to the BUFX Sharpe Ratio of 2.38. The chart below compares the historical Sharpe Ratios of TOV and BUFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TOV vs. BUFX - Drawdown Comparison

The maximum TOV drawdown since its inception was -16.97%, which is greater than BUFX's maximum drawdown of -2.87%. Use the drawdown chart below to compare losses from any high point for TOV and BUFX.

Drawdown Indicators

	TOV	BUFX	Difference
Max Drawdown Largest peak-to-trough decline	-16.97%	-2.87%	-14.10%
Max Drawdown (1Y) Largest decline over 1 year	-8.89%	-2.87%	-6.02%
Current Drawdown Current decline from peak	-1.23%	-0.11%	-1.12%
Average Drawdown Average peak-to-trough decline	-2.18%	-0.24%	-1.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.11%	0.49%	+1.62%

Volatility

TOV vs. BUFX - Volatility Comparison

JLens 500 Jewish Advocacy U.S. ETF (TOV) has a higher volatility of 4.10% compared to FT Vest Laddered Enhance & Moderate Buffer ETF (BUFX) at 1.03%. This indicates that TOV's price experiences larger fluctuations and is considered to be riskier than BUFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TOV	BUFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.10%	1.03%	+3.07%
Volatility (6M) Calculated over the trailing 6-month period	10.28%	3.40%	+6.88%
Volatility (1Y) Calculated over the trailing 1-year period	12.87%	4.03%	+8.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.79%	3.97%	+13.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.79%	3.97%	+13.82%

TOV vs. BUFX - Expense Ratio Comparison

TOV has a 0.18% expense ratio, which is lower than BUFX's 0.96% expense ratio.

Dividends

TOV vs. BUFX - Dividend Comparison

TOV's dividend yield for the trailing twelve months is around 0.85%, while BUFX has not paid dividends to shareholders.

Position	TTM	2025
BUFX FT Vest Laddered Enhance & Moderate Buffer ETF	0.00%	0.00%
TOV JLens 500 Jewish Advocacy U.S. ETF	0.85%	0.76%

Frequently Asked Questions

Can I hold both TOV and BUFX in my portfolio?

TOV and BUFX have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TOV or BUFX?

TOV has higher volatility (4.10%) compared to BUFX (1.03%). In terms of maximum drawdown, TOV dropped -16.97% vs BUFX's -2.87%.

Which ETF is better, TOV or BUFX?

On 1-year performance, TOV leads with 21.46% vs 9.52% for BUFX. On fees, TOV is cheaper at 0.18% per year. On volatility, BUFX has been the lower-risk option at 1.03%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TOV or BUFX?

Over the 1-year period, TOV has performed better with a 21.46% return vs 9.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TOV or BUFX?

TOV is cheaper with a 0.18% expense ratio, compared with 0.96% for BUFX.

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

TOV has the higher dividend yield at 0.85%, compared with 0.00% for BUFX.

What is the main difference between TOV and BUFX?

TOV is categorized as Large Cap Blend Equities, while BUFX is Defined Outcome. They also come from different issuers: JLens and First Trust. Their fees differ too: 0.18% for TOV and 0.96% for BUFX.

Which has better risk-adjusted returns?

BUFX currently has the higher Sharpe Ratio (2.38 vs 1.68), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.