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FBUFvsUSPXETF Comparison

ETF 1

FBUF

Fidelity Dynamic Buffered Equity ETF

This fund is part of

Options Strategies

+0.26%

Full FBUF fund page

VS

ETF 2

USPX

Franklin U.S. Equity Index ETF

This fund is part of

US Large Cap

+0.9%

Full USPX fund page

Fidelity Dynamic Buffered Equity ETF (FBUF) belongs to the Options Strategies segment. Franklin U.S. Equity Index ETF (USPX) is part of the US Large Cap segment. FBUF's top 3 sector exposures are Information Technology, Communication Services and Financials. In contrast, USPX's top sector exposures are Information Technology, Financials and Communication Services. FBUF is more expensive with a Total Expense Ratio (TER) of 0.52%, versus 0.03% for USPX. FBUF is up 1.34% year-to-date (YTD) with +$2M in YTD flows. USPX performs better with 4.68% YTD performance, and +$79M in YTD flows. Run a side-by-side ETF comparison of FBUF and USPX below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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FBUF vs USPX performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 04/24/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FBUF USPX	+3.28%+9.43%	+0.35%+3.14%	+1.34%+4.68%	+20.81%+31.74%	n/a+80.75%	n/a+73.93%
Flows	FBUF USPX	-$741K+$124M	+$55K+$54M	+$2M+$79M	+$7M+$298M	-+$354M	-+$1.00B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FBUF USPX	+8.86%+15.32%	+7.68%+12.55%	n/a+15.11%	n/a+15.54%
Max drawdown	FBUF USPX	-5.53%-9.15%	-5.53%-9.15%	n/a-19.03%	n/a-24.64%
Max drawdown duration	FBUF USPX	81d77d	81d92d	n/a126d	n/a712d

Trading data

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	FBUF	USPX
Last sale 4/27/2026 at 3:28 PM	$31.22	$62.31
Previous close 04/24/2026	$31.18	$62.41
Consolidated volume 04/24/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

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FBUF

is actively managed and doesn’t replicate an index

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	FBUF	USPX
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/27/2026 at 3:28 PM

Live

Closed

	FBUF	USPX
Last price	$31.22	$62.31
1D performance	+0.14%	-0.15%
AuM	$18.71 M	$1.82 B
E/R	0.52%	0.03%

Characteristics

	FBUF	USPX
Management strategy	Active	Passive
Provider	Fidelity	Franklin Templeton
Benchmark	-	Morningstar US Target Market Exposure Index
N° of holdings	145	456
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	April 9, 2024	June 1, 2016
ESG	No	No

More FBUF data on Trackinsight

More USPX data on Trackinsight

Exposure

Countries

FBUF

USA

97.12%

Other

2.88%

USPX

USA

96.94%

Other

3.06%

Sectors

FBUF

Information Techn.

36.17%

Communication Ser.

11.66%

Financials

10.9%

Consumer Discreti.

9.63%

Industrials

8.71%

Health Care

7.6%

Other

15.32%

USPX

Information Techn.

34.17%

Financials

10.39%

Communication Ser.

10.36%

Consumer Discreti.

9.89%

Health Care

9.43%

Industrials

8.33%

Other

17.43%

Diversification

FBUF

Total weight of top 15 holdings out of 15

46.4%

USPX

Total weight of top 15 holdings out of 15

42.33%

Top 15 holdings

Data as of March 31, 2026

FBUF

NVIDIA

8.08%

APPLE

7.40%

MICROSOFT-T

4.82%

AMAZON.COM INC

4.04%

ALPHABET INC-CL

3.31%

BROADCOM LIMITED

3.15%

META PLATFORMS

2.34%

ALPHABET INC-CL

2.16%

BERKSHIRE HATHWAY

2.09%

JPMORGAN CHASE

1.91%

EXXON

1.65%

LILLY

1.64%

TESLA

1.46%

MASTERCARD

1.18%

MICRON TECHNOLOGY

1.18%

USPX

NVIDIA

7.27%

APPLE

6.73%

MICROSOFT-T

4.91%

AMAZON.COM INC

3.69%

ALPHABET INC-CL

2.96%

BROADCOM LIMITED

2.61%

ALPHABET INC-CL

2.58%

META PLATFORMS

2.17%

TESLA

1.90%

BERKSHIRE HATHWAY

1.58%

JPMORGAN CHASE

1.43%

LILLY

1.28%

EXXON

1.25%

JOHNSON&JOHNSON

1.04%

WALMART INC

0.95%

Frequently asked questions about FBUF and USPX

How have the FBUF and USPX ETFs performed in 2026?

As of April 24, 2026, FBUF is up 1.34% year-to-date (YTD), while USPX has returned 4.68%. That puts USPX better performer ahead so far this year.

Which ETF is attracting more investor money: FBUF or USPX?

Year-to-date, the FBUF ETF saw +$2M in flows, compared to +$79M for USPX.

Which ETF is more volatile: FBUF or USPX?

Over the past year, FBUF had a volatility of 7.68%, while USPX experienced 12.55%.

Which ETF is bigger: FBUF or USPX?

As of April 24, 2026, FBUF holds $18.71 M in assets under management (AUM), while USPX manages $1.82 B.

What sectors do the FBUF and USPX ETFs invest in?

FBUF leans toward sectors like Information Technology, Communication Services and Financials. Meanwhile, USPX focuses on Information Technology, Financials and Communication Services.

FBUFvsUSPXETF Comparison

Fidelity Dynamic Buffered Equity ETF

Franklin U.S. Equity Index ETF

FBUF vs USPX performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the FBUF and USPX ETFs performed in 2026?

As of April 24, 2026, FBUF is up 1.34% year-to-date (YTD), while USPX has returned 4.68%. That puts USPX better performer ahead so far this year.

Which ETF is attracting more investor money: FBUF or USPX?

Year-to-date, the FBUF ETF saw +$2M in flows, compared to +$79M for USPX.

Which ETF is more volatile: FBUF or USPX?

Over the past year, FBUF had a volatility of 7.68%, while USPX experienced 12.55%.

Which ETF is bigger: FBUF or USPX?

As of April 24, 2026, FBUF holds $18.71 M in assets under management (AUM), while USPX manages $1.82 B.

What sectors do the FBUF and USPX ETFs invest in?

FBUF leans toward sectors like Information Technology, Communication Services and Financials. Meanwhile, USPX focuses on Information Technology, Financials and Communication Services.

What are the top holdings of the FBUF ETF and USPX ETF?

FBUF top holdings include NVIDIA, APPLE and MICROSOFT-T. USPX holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: FBUF or USPX?

FBUF holds 157 securities with 46.4% of its assets in the top 15. USPX has 487 securities and a top 15 weight of 42.33%.

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