BUFR vs DNOV
FT Vest Laddered Buffer ETF vs FT Vest US Equity Deep Buffer ETF - November
Which is better, BUFR or DNOV?
BUFR has been ahead.
DNOV has a lower expense ratio. BUFR led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.90.
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 | BUFR | DNOV |
|---|---|---|
| Expense Ratio | 0.95% | 0.85%Best |
| AUM | $10.9B | $400M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 26 | 10 |
| YTD Return | +10.03%Best | +8.34% |
| 1Y Return | +13.37%Best | +13.12% |
| 3Y Return (annualized) | +14.92%Best | +13.48% |
| 5Y Return (annualized) | +10.16%Best | +8.63% |
| Volatility (annualized) | 9.3% | 7.2%Best |
| Max Drawdown | -13.7% | -10.0%Best |
| $10,000 over 5 years | $16,223Best | $15,127 |
| Fund Family | First Trust Portfolios (US) | First Trust Portfolios (US) |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Aug 10, 2020 | Nov 18, 2019 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Aug 11, 2020 to Oct 14, 2026 (6.2 years).
BUFR vs DNOV 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 6.2 years both funds cover.
BUFR vs DNOV Performance
FT Vest Laddered Buffer ETF (BUFR) is an ETF from First Trust Portfolios (US) and FT Vest US Equity Deep Buffer ETF - November (DNOV) is an ETF from First Trust Portfolios (US). Over the past year BUFR returned +13.37% while DNOV returned +13.12%. Year to date, BUFR is up 10.03% versus a gain of 8.34% for DNOV.
Over three years, BUFR compounded at +14.92% per year against +13.48% for DNOV; over five years the annualized figures are +10.16% and +8.63% respectively. Across the full 6-year window we track, BUFR has the edge at +10.86% annualized vs +8.71%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BUFR has been the more volatile fund, with annualized monthly volatility of 9.3% compared with 7.2% for DNOV. 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 -13.7% for BUFR and -10.0% for DNOV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BUFR charges 0.95% per year while DNOV charges 0.85%. On a $10,000 position that is $95 vs $85 annually, a gap of $10 per year that compounds over a long holding period. On income, BUFR currently yields 0.00% against 0.00% for DNOV.
You are not choosing between two funds in isolation.
Whichever of BUFR and DNOV 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, BUFR or DNOV?
BUFR has an expense ratio of 0.95% while DNOV charges 0.85%. DNOV is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, BUFR or DNOV?
Over the past year BUFR returned +13.37% vs +13.12% for DNOV, so BUFR leads on 1-year performance. Over the longest common window we track (6 years), BUFR annualized +10.86% vs +8.71% for DNOV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BUFR or DNOV?
BUFR has been the more volatile fund at 9.3% annualized versus 7.2% for DNOV. Worst drawdown: BUFR -13.7% vs DNOV -10.0%.
Should I hold both BUFR and DNOV?
BUFR and DNOV have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, BUFR or DNOV?
BUFR yields 0.00% while DNOV yields 0.00%, so DNOV currently pays the higher dividend yield.
Is DNOV better than BUFR?
DNOV has a lower expense ratio. BUFR led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.90. Which one suits a particular account depends on what it is for. This is information, not a recommendation.