WAR vs. BUFT

Last updated Jun 5, 2026

WAR (U.S. Global Technology and Aerospace & Defense ETF) and BUFT (FT Cboe Vest Buffered Allocation Defensive ETF) are both exchange-traded funds - WAR is a Aerospace & Defense fund actively managed by US Global, while BUFT is a Options Trading fund actively managed by FT Vest. Both are actively managed. At a correlation of -0.36, they often move in opposite directions. WAR charges 0.60%/yr vs 1.05%/yr for BUFT.

Performance

WAR vs. BUFT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in U.S. Global Technology and Aerospace & Defense ETF (WAR) and FT Cboe Vest Buffered Allocation Defensive ETF (BUFT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

WAR

• 1D: -0.62%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BUFT

• 1D: 0.10%
• 1M: 0.94%
• YTD: 5.26%
• 6M: 5.90%
• 1Y: 11.64%
• 3Y*: 10.00%
• 5Y*: —
• 10Y*: —

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

WAR vs. BUFT - Yearly Performance Comparison

	2026 (YTD)
WAR U.S. Global Technology and Aerospace & Defense ETF	2.03%
BUFT FT Cboe Vest Buffered Allocation Defensive ETF	0.15%

Correlation

The correlation between WAR and BUFT is -0.36, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 27, 2026	-0.36

WAR vs. BUFT - Sectors Allocation Comparison

Sectors	WAR	BUFT
Technology	63.8%	36.2%
Industrials	31.1%	8.1%
Communication Services	2.0%	10.9%
Financial Services	0.5%	11.9%
Basic Materials	-	1.8%
Consumer Cyclical	-	10.1%
Consumer Defensive	-	4.9%
Energy	-	3.5%
Healthcare	-	8.4%
Real Estate	-	1.9%
Utilities	-	2.3%

Return for Risk

WAR vs. BUFT — Risk / Return Rank

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

BUFT

BUFT Risk / Return Rank: 95
BUFT Sharpe Ratio Rank: 94
BUFT Sortino Ratio Rank: 97
BUFT Omega Ratio Rank: 98
BUFT Calmar Ratio Rank: 91
BUFT Martin Ratio Rank: 97

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.

WAR vs. BUFT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for U.S. Global Technology and Aerospace & Defense ETF (WAR) and FT Cboe Vest Buffered Allocation Defensive ETF (BUFT). 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

	WAR	BUFT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.52	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.90	0.84	+2.06

Drawdowns

WAR vs. BUFT - Drawdown Comparison

The maximum WAR drawdown since its inception was -2.53%, smaller than the maximum BUFT drawdown of -10.40%. Use the drawdown chart below to compare losses from any high point for WAR and BUFT.

Drawdown Indicators

	WAR	BUFT	Difference
Max Drawdown Largest peak-to-trough decline	-2.53%	-10.40%	+7.87%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.02%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-7.97%	—
Current Drawdown Current decline from peak	-2.53%	0.00%	-2.53%
Average Drawdown Average peak-to-trough decline	-1.11%	-2.13%	+1.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.23%	—

Volatility

Volatility by Period

	WAR	BUFT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.31%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.77%	—
Volatility (1Y) Calculated over the trailing 1-year period	39.71%	3.32%	+36.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.71%	6.94%	+32.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.71%	6.94%	+32.77%

WAR vs. BUFT - Expense Ratio Comparison

WAR has a 0.60% expense ratio, which is lower than BUFT's 1.05% expense ratio.

Dividends

WAR vs. BUFT - Dividend Comparison

Neither WAR nor BUFT has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both WAR and BUFT in my portfolio?

WAR and BUFT have a correlation of -0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WAR or BUFT?

On fees, WAR is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WAR or BUFT?

WAR is cheaper with a 0.60% expense ratio, compared with 1.05% for BUFT.

Which ETF pays a higher dividend yield, WAR or BUFT?

WAR and BUFT have nearly identical dividend yields, around 0.00%.

What is the main difference between WAR and BUFT?

WAR is categorized as Aerospace & Defense, while BUFT is Options Trading. They also come from different issuers: US Global and FT Vest. Their fees differ too: 0.60% for WAR and 1.05% for BUFT.