# BUFM (AB Moderate Buffer ETF)

AllianceBernstein · Buffer ETFs · data as of Oct 20, 2026

From Dec 10, 2024 to Oct 20, 2026, BUFM returned 17.2%, against 27.6% for SPY.

## Key facts

- BUFM, buffer, by its prospectus: 10%, as of Mar 31, 2026.
- BUFM, return since listing: +17.2%, as of Oct 20, 2026.
- BUFM, expense ratio: 0.69% (485BPOS XBRL, Mar 27, 2026).

## BUFM over each window to Oct 20, 2026

| Window | Total return | SPY price return | Gap to SPY |
| --- | --- | --- | --- |
| 1 month | +0.3% | +1.0% | −0.7 pts |
| 3 months | +0.9% | +2.8% | −1.9 pts |
| 6 months | +4.3% | +9.2% | −4.9 pts |
| Year to date | +4.9% | +12.8% | −7.9 pts |
| 1 year | +6.8% | +14.6% | −7.7 pts |
| Since launch | +17.2% | +27.6% | −10.4 pts |
| Since launch, annualised | +8.9% | – | – |

## BUFM key stats

- 52-week high, daily closes to Oct 20, 2026: $41.40 on Aug 13, 2026 (computed by ETFIQ from Tiingo daily prices)
- 52-week low, daily closes to Oct 20, 2026: $37.89 on Nov 20, 2025 (computed by ETFIQ from Tiingo daily prices)
- Close on Oct 20, 2026, within that range: $40.99, 88% of the way from the low to the high (computed by ETFIQ from Tiingo daily prices)

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Kind | Buffer ETF | ETFIQ |
| Reference | SPY (SPDR S&P 500 ETF Trust) | ETFIQ |
| Outcome period | about three months | prospectus |
| Buffer | the first 10% of losses in SPY | prospectus |
| Cap | not read by ETFIQ | prospectus |
| Cap left, buffer left and days left | not read by ETFIQ | ETFIQ |
| First traded | Dec 10, 2024 | ETFIQ |
| Expense ratio | 0.69% | 485BPOS XBRL, Mar 27, 2026 |
| Prospectus | 497K filed Mar 31, 2026 | ETFIQ |

## Questions

### What does BUFM protect against?

Its prospectus says it buffers the first 10% of losses in SPY.

### Does BUFM have a cap?

Its prospectus prints no cap for its current period.

### When does BUFM reset?

Its prospectus states about three months.


## Cite this page

ETFIQ, BUFM, buffer ETFs, data as of Oct 20, 2026. https://etfiq.com/funds/bufm
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at <https://etfiq.com/data/>.

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