XCHG vs. BUFI

Last updated Aug 2, 2026

XCHG (AB US Equity ETF) and BUFI (AB International Buffer ETF) are both exchange-traded funds - XCHG is a Large Cap Blend Equities fund actively managed by AllianceBernstein, while BUFI is a Defined Outcome fund actively managed by AllianceBernstein. Both are actively managed. Their 0.72 correlation means they have sometimes moved together and sometimes differently. XCHG charges 0.50%/yr vs 0.69%/yr for BUFI.

Performance

XCHG vs. BUFI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AB US Equity ETF (XCHG) and AB International Buffer ETF (BUFI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XCHG achieves a 8.51% return, which is significantly higher than BUFI's 6.77% return.

XCHG

• 1D: 1.09%
• 1M: 1.45%
• 6M: 7.39%
• YTD: 8.51%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

BUFI

• 1D: -0.60%
• 1M: 0.60%
• 6M: 4.45%
• YTD: 6.77%
• 1Y: 14.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.44%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BUFI AB International Buffer ETF	$181.70K	$602.68K	$512.75K
XCHG AB US Equity ETF	$55.08K	$59.91K	$74.54K

XCHG vs. BUFI - Yearly Performance Comparison

	2026 (YTD)	2025
XCHG AB US Equity ETF	8.51%	0.38%
BUFI AB International Buffer ETF	6.77%	0.82%

Correlation

The correlation between XCHG and BUFI is 0.72, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 15, 2025	0.72

Return for Risk

XCHG vs. BUFI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

XCHG

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

BUFI

BUFI Risk / Return Rank: 76
BUFI Sharpe Ratio Rank: 72
BUFI Sortino Ratio Rank: 76
BUFI Omega Ratio Rank: 76
BUFI Calmar Ratio Rank: 74
BUFI Martin Ratio Rank: 80

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

XCHG vs. BUFI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AB US Equity ETF (XCHG) and AB International Buffer ETF (BUFI). 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.

	XCHG	BUFI	Difference
Sharpe ratio: Return per unit of total volatility	—	1.64	—
Sortino ratio: Return per unit of downside risk	—	2.46	—
Omega ratio: Gain probability vs. loss probability	—	1.32	—
Calmar ratio: Return relative to maximum drawdown	—	2.61	—
Martin ratio: Return relative to average drawdown	—	10.48	—

Drawdowns

XCHG vs. BUFI - Drawdown Comparison

The maximum XCHG drawdown since its inception was -9.66%, which is greater than BUFI's maximum drawdown of -7.43%. Use the drawdown chart below to compare losses from any high point for XCHG and BUFI.

Drawdown Indicators

	XCHG	BUFI	Difference
Max Drawdown Largest peak-to-trough decline	-9.66%	-7.43%	-2.23%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.69%	—
Current Drawdown Current decline from peak	-0.30%	-0.60%	+0.30%
Average Drawdown Average peak-to-trough decline	-1.77%	-0.84%	-0.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.41%	—

Volatility

Volatility by Period

	XCHG	BUFI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.43%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.96%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.06%	9.04%	+4.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.06%	9.28%	+3.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.06%	9.28%	+3.78%

XCHG vs. BUFI - Expense Ratio Comparison

XCHG has a 0.50% expense ratio, which is lower than BUFI's 0.69% expense ratio.

Dividends

XCHG vs. BUFI - Dividend Comparison

XCHG's dividend yield for the trailing twelve months is around 0.37%, while BUFI has not paid dividends to shareholders.

Position	TTM	2025
BUFI AB International Buffer ETF	0.00%	0.00%
XCHG AB US Equity ETF	0.37%	0.05%

Frequently Asked Questions

Can I hold both XCHG and BUFI in my portfolio?

XCHG and BUFI have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XCHG or BUFI?

On fees, XCHG is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XCHG or BUFI?

XCHG is cheaper with a 0.50% expense ratio, compared with 0.69% for BUFI.

Which ETF pays a higher dividend yield, XCHG or BUFI?

XCHG has the higher dividend yield at 0.37%, compared with 0.00% for BUFI.

What is the main difference between XCHG and BUFI?

XCHG is categorized as Large Cap Blend Equities, while BUFI is Defined Outcome. Their fees differ too: 0.50% for XCHG and 0.69% for BUFI.