BUFM vs HDGE
AB Moderate Buffer ETF vs AdvisorShares Active Bear ETF
Which is better, BUFM or HDGE?
Opposite sides of the same exposure.
BUFM has a lower expense ratio. BUFM led over 1Y and the full window. The two move opposite each other, correlation -0.64, so holding both offsets the exposure while paying both fees.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BUFM | HDGE |
|---|---|---|
| Expense Ratio | 0.69%Best | 3.62% |
| AUM | $492M | $56M |
| Dividend Yield | 0.00% | 3.56% |
| Holdings | 7 | 64 |
| YTD Return | +4.67%Best | -3.65% |
| 1Y Return | +7.70%Best | -2.84% |
| 3Y Return (annualized) | - | -9.93% |
| 5Y Return (annualized) | - | -6.86% |
| Volatility (annualized) | 5.3%Best | 18.2% |
| Max Drawdown | -9.4%Best | -26.6% |
| $10,000 over 1.8 years | $11,674Best | $9,537 |
| Fund Family | AllianceBernstein L.P. | Advisor Shares |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Dec 9, 2024 | Jan 26, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 10, 2024 to Oct 14, 2026 (1.8 years).
BUFM vs HDGE growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.8 years both funds cover.
BUFM vs HDGE Performance
AB Moderate Buffer ETF (BUFM) is an ETF from AllianceBernstein L.P. and AdvisorShares Active Bear ETF (HDGE) is an ETF from Advisor Shares. Over the past year BUFM returned +7.70% while HDGE returned -2.84%. Year to date, BUFM is up 4.67% versus a loss of 3.65% for HDGE.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HDGE has been the more volatile fund, with annualized monthly volatility of 18.2% compared with 5.3% for BUFM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -9.4% for BUFM and -26.6% for HDGE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.64. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.
Fees and Cost Over Time
BUFM charges 0.69% per year while HDGE charges 3.62%. On a $10,000 position that is $69 vs $362 annually, a gap of $293 per year that compounds over a long holding period. On income, BUFM currently yields 0.00% against 3.56% for HDGE.
You are not choosing between two funds in isolation.
Whichever of BUFM and HDGE you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BUFM or HDGE?
BUFM has an expense ratio of 0.69% while HDGE charges 3.62%. BUFM is the cheaper option, by $293 a year on a $10,000 investment.
Which performed better, BUFM or HDGE?
Over the past year BUFM returned +7.70% vs -2.84% for HDGE, so BUFM leads on 1-year performance. Over the longest common window we track (2 years), BUFM annualized +8.98% vs -2.60% for HDGE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BUFM or HDGE?
HDGE has been the more volatile fund at 18.2% annualized versus 5.3% for BUFM. Worst drawdown: BUFM -9.4% vs HDGE -26.6%.
Should I hold both BUFM and HDGE?
BUFM and HDGE have a monthly-return correlation of -0.64, so they move opposite each other. Holding both offsets the exposure rather than spreading it, and pays both funds' fees on the way. This is information, not a recommendation.
Which pays a higher dividend, BUFM or HDGE?
BUFM yields 0.00% while HDGE yields 3.56%, so HDGE currently pays the higher dividend yield.
Is HDGE better than BUFM?
BUFM has a lower expense ratio. BUFM led over 1Y and the full window. The two move opposite each other, correlation -0.64, so holding both offsets the exposure while paying both fees. Which one suits a particular account depends on what it is for. This is information, not a recommendation.