XUSP vs. BUFF
Compare and contrast key facts about Innovator Uncapped Accelerated U.S. Equity ETF (XUSP) and Innovator Laddered Fund of U.S. Equity Power Buffer ETF (BUFF).
XUSP and BUFF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XUSP is an actively managed fund by Innovator. It was launched on Aug 10, 2022. BUFF is a passively managed fund by Innovator that tracks the performance of the Refinitiv Laddered Power Buffer Strategy Index. It was launched on Oct 20, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XUSP or BUFF.
Performance
XUSP vs. BUFF - Performance Comparison
Returns By Period
In the year-to-date period, XUSP achieves a 34.68% return, which is significantly higher than BUFF's 12.18% return.
XUSP
34.68%
4.12%
17.17%
43.75%
N/A
N/A
BUFF
12.18%
1.33%
6.14%
15.22%
4.33%
N/A
Key characteristics
XUSP | BUFF | |
---|---|---|
Sharpe Ratio | 2.52 | 3.09 |
Sortino Ratio | 3.28 | 4.49 |
Omega Ratio | 1.44 | 1.63 |
Calmar Ratio | 3.75 | 4.68 |
Martin Ratio | 15.30 | 27.74 |
Ulcer Index | 2.86% | 0.55% |
Daily Std Dev | 17.33% | 4.93% |
Max Drawdown | -18.20% | -46.23% |
Current Drawdown | -0.92% | -0.02% |
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XUSP vs. BUFF - Expense Ratio Comparison
XUSP has a 0.79% expense ratio, which is lower than BUFF's 0.99% expense ratio.
Correlation
The correlation between XUSP and BUFF is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
XUSP vs. BUFF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Uncapped Accelerated U.S. Equity ETF (XUSP) 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.
Dividends
XUSP vs. BUFF - Dividend Comparison
Neither XUSP nor BUFF has paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|
Innovator Uncapped Accelerated U.S. Equity ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
XUSP vs. BUFF - Drawdown Comparison
The maximum XUSP drawdown since its inception was -18.20%, smaller than the maximum BUFF drawdown of -46.23%. Use the drawdown chart below to compare losses from any high point for XUSP and BUFF. For additional features, visit the drawdowns tool.
Volatility
XUSP vs. BUFF - Volatility Comparison
Innovator Uncapped Accelerated U.S. Equity ETF (XUSP) has a higher volatility of 5.60% compared to Innovator Laddered Fund of U.S. Equity Power Buffer ETF (BUFF) at 1.33%. This indicates that XUSP'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.