NFXL vs BUFT

Comparison between DIREXION DAILY NFLX BULL 2X SHARES (NFXL, ETF) and FT VEST BUFFERED ALLOCATION DEFENSIVE ETF (BUFT, ETF).

NFXL vs BUFT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NFXL(ETF)	BUFT(ETF)
Net Assets	$144M	$145M
Expense Ratio	N/A	1.21%
Max Drawdown	73.38%	10.40%
Sharpe Ratio	-1.32	2.05
5Y Beta	1.45	0.34

Net Assets

NFXL

$144M

Winner

BUFT

$145M

Expense Ratio

NFXL

N/A

BUFT

1.21%

Max Drawdown

NFXL

73.38%

Winner

BUFT

10.40%

Sharpe Ratio

NFXL

-1.32

Winner

BUFT

2.05

5Y Beta

NFXL

1.45

Winner

BUFT

0.34

NFXL vs BUFT - Holdings Comparison

NFXL and BUFT have 0 common holdings. Overlap is 0.00%

NFXL's top 25 holdings weight is 16.45%. BUFT's top 25 holdings weight is 100.00%.

Rank	NFXL	BUFT
#1	NETFLIX INC (NFLX) - 16.45%	FT VEST US EQ ENH & MOD BUF ETF-APR (XAPR) - 13.54%
#2	N/A	FT VEST U.S. EQ ENH & MODBUFETF-MAR (XMAR) - 12.14%
#3	N/A	FT VEST U.S. EQ ENH & MODBUFETF-SEP (XSEP) - 11.83%
#4	N/A	FT VEST US EQUITY DP BFFR ETF APR (DAPR) - 11.72%
#5	N/A	FT VEST U.S. EQ MOD BUF ETF APR (GAPR) - 11.13%
#6	N/A	FT VEST US EQ ENH & MDT BFR ETF DEC (XDEC) - 10.71%
#7	N/A	FT VEST US EQ ENH & MOD BUF ETF-JAN (XJAN) - 9.85%
#8	N/A	FT VEST U.S. EQ MOD BUFFR ETF MAR (GMAR) - 9.79%
#9	N/A	FT VEST US EQ ENH & MOD BUF ETF-OCT (XOCT) - 9.25%
#10	N/A	MORGAN STANLEY INSTL LQUDTY TRS INSTL (MISXX) - 0.04%
#11	N/A	N/A
#12	N/A	N/A
#13	N/A	N/A
#14	N/A	N/A
#15	N/A	N/A
#16	N/A	N/A
#17	N/A	N/A
#18	N/A	N/A
#19	N/A	N/A
#20	N/A	N/A
#21	N/A	N/A
#22	N/A	N/A
#23	N/A	N/A
#24	N/A	N/A
#25	N/A	N/A
Total Holdings	1	10

NFXL vs BUFT - Historical Returns

Returns include dividend reinvestment.

Period	NFXL	BUFT
1 month	-17.03%	+0.58%
3 months	-31.04%	+4.43%
6 months	-36.21%	+5.69%
1 year	-64.86%	+11.03%
5 years(CAGR)	N/A	+5.74%
Max(CAGR)	-7.20%	+5.74%

NFXL

-17.03%

Winner

BUFT

+0.58%

NFXL

-31.04%

Winner

BUFT

+4.43%

NFXL

-36.21%

Winner

BUFT

+5.69%

NFXL

-64.86%

Winner

BUFT

+11.03%

5Y(CAGR)

NFXL

N/A

BUFT

+5.74%

Max(CAGR)

NFXL

-7.20%

Winner

BUFT

+5.74%

NFXL vs BUFT - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	NFXL	BUFT
2026	-29.75%	+5.15%
2025	-10.70%	+9.67%
2024	+50.97%	+7.86%
2023	N/A	+13.07%
2022	N/A	-8.39%
2021	N/A	+0.70%

NFXL vs BUFT Drawdown Comparison

The maximum drawdown for NFXL was -71.86%, occurring on Feb 23, 2026. This drawdown has not yet recovered.

The maximum drawdown for BUFT was -10.40%, occurring on Sep 30, 2022. Recovery took 410 trading sessions.

The current NFXL drawdown is -70.90%. The current BUFT drawdown is -0.02%.

Rank	NFXL	BUFT
#1	-71.86% Jun 30, 2025 - Feb 23, 2026	-10.40% Mar 29, 2022 - Nov 14, 2023
#2	-37.56% Feb 14, 2025 - Apr 24, 2025	-7.97% Feb 20, 2025 - May 12, 2025
#3	-22.85% Dec 11, 2024 - Jan 22, 2025	-3.75% Dec 30, 2021 - Mar 29, 2022
#4	-12.44% Oct 10, 2024 - Oct 18, 2024	-2.02% Mar 23, 2026 - Apr 2, 2026
#5	-8.17% May 2, 2025 - May 15, 2025	-1.87% Jul 16, 2024 - Aug 13, 2024
#6	-8.14% Nov 21, 2024 - Dec 4, 2024	-1.68% Mar 20, 2024 - May 3, 2024
#7	-7.73% Jun 5, 2025 - Jun 24, 2025	-1.52% Nov 16, 2021 - Dec 27, 2021
#8	-6.17% Oct 21, 2024 - Nov 6, 2024	-1.17% May 16, 2025 - Jun 2, 2025
#9	-5.14% Oct 4, 2024 - Oct 8, 2024	-0.82% Nov 11, 2025 - Nov 25, 2025
#10	-4.55% Dec 6, 2024 - Dec 11, 2024	-0.65% Dec 26, 2024 - Jan 16, 2025
#11	-4.46% May 27, 2025 - Jun 2, 2025	-0.57% Oct 8, 2025 - Oct 20, 2025
#12	-3.85% Feb 10, 2025 - Feb 13, 2025	-0.52% Jan 29, 2024 - Feb 6, 2024
#13	-3.53% Nov 14, 2024 - Nov 18, 2024	-0.51% Dec 29, 2023 - Jan 8, 2024
#14	-2.79% Jan 23, 2025 - Feb 4, 2025	-0.50% Dec 19, 2023 - Dec 26, 2023
#15	-1.68% May 21, 2025 - May 27, 2025	-0.41% Sep 24, 2024 - Oct 11, 2024

Correlation

Correlation between NFXL and BUFT is -0.38 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.38

-101