AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF (NVBU) belongs to the Defined Outcome category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with NVBU. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NVBU
NVBU charges 0.74% annually. There are 73 ETFs in the Defined Outcome category with lower expense ratios, going as low as 0.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Aptus October Buffer ETF | 0.25% | — | Oct 2025 | NVBU vs OCTB | |
| Aptus July Buffer ETF | 0.25% | — | Oct 2025 | NVBU vs JULB | |
| Aptus April Buffer ETF | 0.25% | — | Oct 2025 | NVBU vs APRB | |
| Aptus January Buffer ETF | 0.25% | — | Oct 2025 | NVBU vs JANB | |
| Fidelity Dynamic Buffered Equity ETF | 0.48% | — | Apr 2024 | NVBU vs FBUF |
Best Risk-Adjusted Alternatives to NVBU
NVBU has a PortfoliosLab risk / return rank of 65. There are 193 ETFs in the Defined Outcome category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 99 | — | Mar 2025 | NVBU vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 19.60M | Apr 2025 | NVBU vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 98 | — | Mar 2025 | NVBU vs MMAX | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 98 | — | Apr 2025 | NVBU vs ZAPR | |
| Innovator U.S. Equity Accelerated 9 Buffer ETF - A... | 98 | 134.85M | Mar 2021 | NVBU vs XBAP |
Top Performing NVBU Alternatives (YTD)
NVBU is at 6.63% YTD. There are 102 ETFs in the Defined Outcome category with higher YTD returns, going as high as 16.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Leverage Shares 2x Capped Accelerated NVDA Monthly... | 16.35% | — | Aug 2025 | NVBU vs NVDO | |
| Innovator U.S. Small Cap Power Buffer ETF - Februa... | 13.34% | — | Jan 2025 | NVBU vs KFEB | |
| Innovator Russell 2000 Power Buffer ETF - April | 12.71% | 214.51M | Mar 2020 | NVBU vs KAPR | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 12.33% | 568.10M | Mar 2021 | NVBU vs QMAR | |
| ProShares Nasdaq-100 Dynamic Daily Buffer ETF | 12.15% | 2.84M | Jun 2025 | NVBU vs QB |
Lowest Volatility Alternatives to NVBU
NVBU has 9.64% 1-year volatility. There are 248 ETFs in the Defined Outcome category with lower 1-year volatility, going as low as 1.16%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 1.16% | — | Mar 2025 | NVBU vs PMAP | |
| FT Vest U.S. Equity Max Buffer ETF - April | 1.24% | — | Apr 2025 | NVBU vs APXM | |
| PGIM S&P 500 Max Buffer ETF - May | 1.31% | — | Apr 2025 | NVBU vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.34% | 19.60M | Apr 2025 | NVBU vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 1.42% | — | Mar 2025 | NVBU vs MMAX |
Lowest Drawdown Alternatives to NVBU
NVBU has a 1-year max drawdown of -5.38%. There are 176 ETFs in the Defined Outcome category with shallower 1-year drawdowns, going as shallow as -0.35%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | -0.35% | — | Mar 2025 | NVBU vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 19.60M | Apr 2025 | NVBU vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | -0.40% | — | Apr 2025 | NVBU vs ZAPR | |
| iShares Large Cap Max Buffer Mar ETF | -0.46% | — | Mar 2025 | NVBU vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.49% | 56.60M | May 2024 | NVBU vs CPSM |
Other ETFs from AllianzIM
The 7 most viewed AllianzIM ETFs shown here include SPBW, DECU, OCTU and span 2 categories. AUM among these funds goes as high as $85M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| AllianzIM Buffer20 Allocation ETF | Defined Outcome | 91 | 4.94% | 81.29M | Jan 2025 | NVBU vs SPBW | |
| AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF | Defined Outcome | 57 | 6.80% | — | Nov 2024 | NVBU vs DECU | |
| AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF | Defined Outcome | 62 | 6.91% | — | Sep 2024 | NVBU vs OCTU | |
| AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF | Defined Outcome, S&P 500 | 58 | 7.11% | 84.56M | Dec 2024 | NVBU vs JANU | |
| AllianzIM International Equity Buffer15 Uncapped J... | Defined Outcome | — | — | 22.44M | Jan 2026 | NVBU vs JANI | |
| AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF | Defined Outcome | 53 | 6.96% | — | Feb 2025 | NVBU vs MARU | |
| AllianzIM U.S. Equity Buffer15 ETF | Defined Outcome | 94 | 3.01% | — | Jun 2025 | NVBU vs QBSF |
Often Compared With NVBU
Investors most often compare NVBU with IBIC, BNO, ZMAY. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare NVBU with Any Fund or Stock
Compare NVBU with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NVBU with funds that move differently
AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NVBU.
Explore NVBU Diversifiers