IBIT vs. BUFG ETF Comparison
Comparison of iShares Bitcoin Trust (IBIT) to FT CBOE Vest Buffered Allocation Growth ETF (BUFG)
IBIT
iShares Bitcoin Trust
IBIT Description
IBIT aims to track the spot price of Bitcoin, less expenses and liabilities. It intends to provide accessibility to Bitcoin without the complexities of acquiring, holding, and trading directly through a digital asset platform. The trust is backed by Bitcoin held in cold storage, which is a safeguarding method by which the private keys corresponding to the trusts Bitcoins are generated and stored in an offline manner, making them more resistant to hacking. Holdings are valued daily based on the CF Benchmarks Index. This serves as a once-a-day benchmark rate of Bitcoins USD price, calculated as of 4:00 pm ET. The index aggregates the trade flow of several Bitcoin platforms during an observation window, focusing on relevant transactions, as defined by the index provider. At the time of launch, the Issuer waived a portion of the fee. The funds expense ratio and tracking should be reviewed and considered for comparison purposes
Grade (RS Rating)
Last Trade
$55.90
Average Daily Volume
40,964,996
1
BUFG
FT CBOE Vest Buffered Allocation Growth ETF
BUFG Description
FT Cboe Vest Buffered Allocation Growth ETF is an exchange traded fund of fund launched and managed by First Trust Advisors L.P. The fund is co-managed by CBOE Vest Financial LLC. It invests in public equity markets of the United States. The fund invests through other funds in stocks of companies operating across diversified sectors. It invests in growth and value stocks companies across diversified market capitalization. FT Cboe Vest Buffered Allocation Growth ETF was formed on October 26, 2021 and is domiciled in the United States.Grade (RS Rating)
Last Trade
$24.53
Average Daily Volume
37,093
7
Performance
Period | IBIT | BUFG |
---|---|---|
30 Days | 45.54% | 0.78% |
60 Days | 56.15% | 2.29% |
90 Days | 54.08% | 3.33% |
12 Months | 18.73% |
0 Overlapping Holdings
Symbol | Grade | Weight in IBIT | Weight in BUFG | Overlap |
---|
IBIT Overweight 1 Positions Relative to BUFG
Symbol | Grade | Weight | |
---|---|---|---|
BTC | A | 100.0% |
IBIT: Top Represented Industries & Keywords
BUFG: Top Represented Industries & Keywords