FT Cboe Vest Fund of Deep Buffer ETFs (BUFD) Performance
BUFD total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +7.7% since Dec 31, 2025
- 1 year
- +9.4% total return
- 5 years
- +7.6% a year
- Since first price
- +7.5% a year since 2021
BUFD trailing returns vs SPY, QQQ, AGG
| Period | BUFD total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.1% | −0.1% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.3% | +2.3% | +3.2% | +1.9% | −0.4% |
| 6 months | +4.7% | +4.7% | +7.8% | +8.4% | −1.5% |
| YTD | +7.7% | +7.7% | +12.3% | +15.1% | −1.0% |
| 1 year | +9.4% | +9.4% | +14.4% | +15.9% | −1.1% |
| 3 years | +44.5%+13.1%/yr | +44.5% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +44.2%+7.6%/yr | +44.2% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionJan 21, 2021 | +51.2%+7.5%/yr | +51.2% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: BUFD vs SPY
From Jan 21, 2021: BUFD grew to $15,119, SPY to $21,354.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
BUFD returns by calendar year
3 of 4 full years positive. Best 2023 (+15.4%), worst 2022 (−7.7%). 2026 is year to date.
BUFD annual returns table
| Year | BUFD | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +7.7% | −3.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +10.7% | −10.2% | +17.7% | +20.8% | +7.2% |
| 2024 | +12.4% | −3.3% | +24.9% | +25.6% | +1.3% |
| 2023 | +15.4% | −5.5% | +26.2% | +54.9% | +5.7% |
| 2022 | −7.7% | −10.8% | −18.2% | −32.6% | −13.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
BUFD largest drawdowns
Now 0.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Mar 29, 2022 | −10.8% | Oct 12, 2022 | Jun 29, 2023 | 6 months | 1.3 years |
| Feb 20, 2025 | −10.2% | Apr 8, 2025 | Jun 12, 2025 | 47 days | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
BUFD risk statistics
| Statistic | 3 years | 5 years | Since 2021 |
|---|---|---|---|
| Annualized return | +12.6% | +7.9% | +7.8% |
| Volatility (annualized) | 6.0% | 6.9% | 6.5% |
| Sharpe ratio | 1.31 | 0.63 | 0.72 |
| Sortino ratio | 2.71 | 1.00 | 1.14 |
| Best month | +6.0% | +6.0% | +6.0% |
| Worst month | −3.3% | −4.1% | −4.1% |
| Best 12 months | +19.3% | +19.3% | +19.3% |
| Worst 12 months | +5.7% | −8.1% | −8.1% |
| Positive months | 78% | 67% | 69% |
| Beta vs S&P 500 | 0.46 | 0.42 | — |
| Correlation with S&P 500 | 0.95 | 0.96 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
BUFD rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 58 | −8.1% | +10.0% | +19.3% | 79% |
| 3-year (a year) | 34 | +4.4% | +9.3% | +13.2% | 100% |
| 5-year (a year) | 10 | +6.5% | +7.5% | +7.9% | 100% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
BUFD performance overview
FT Cboe Vest Fund of Deep Buffer ETFs (BUFD) returned +9.4% over the past year and +7.6% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned +7.5% a year, turning $10,000 into about $15,119. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −10.8%, from Mar 29, 2022 to Oct 12, 2022, and it took 9 months to get back to the old high. BUFD finished 3 of its 4 full calendar years with a gain; the best year was 2023 (+15.4%) and the worst 2022 (−7.7%). Volatility has been 6.5% a year.
Related: BUFD chart, BUFD holdings. See the BUFD overview for the latest quote and fund facts.
BUFD performance FAQ
What is the BUFD return over the past year?
BUFD returned +9.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 9.4%.
What is the average annual return of BUFD?
BUFD has returned +7.6% a year over 5 years, +7.5% a year since January 21, 2021 (total return, distributions reinvested).
How much would $10,000 invested in BUFD be worth?
$10,000 invested in BUFD at its first recorded close on January 21, 2021 would be worth about $15,119 on October 23, 2026 with distributions reinvested.
What was the worst year for BUFD?
The worst calendar year was 2022, with a total return of −7.7%. The best was 2023 at +15.4%.
What is the biggest drawdown of BUFD?
The largest peak-to-trough decline was −10.8% between March 29, 2022 and October 12, 2022. It recovered to the old high on June 29, 2023, 9 months after the bottom.
How volatile is BUFD?
Over the past 3 years BUFD had an annualized volatility of 6.0% and a Sharpe ratio of 1.31 (excess return over 1–3 month T-bills per unit of risk).