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Allianzim U.S. Large Cap Buffer20 Nov ETF (NVBW)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US00888H8447
Issuer
Allianz
Inception Date
Oct 31, 2022
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Accumulating
Asset Class
Alternatives
Asset Class Size
Large-Cap
Asset Class Style
Growth

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Allianzim U.S. Large Cap Buffer20 Nov ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Allianzim U.S. Large Cap Buffer20 Nov ETF (NVBW) has returned -1.63% so far this year and 8.77% over the past 12 months.


Allianzim U.S. Large Cap Buffer20 Nov ETF

1D
1.37%
1M
-2.28%
YTD
-1.63%
6M
-0.00%
1Y
8.77%
3Y*
8.05%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Nov 1, 2022, NVBW's average daily return is +0.03%, while the average monthly return is +0.71%. At this rate, your investment would double in approximately 8.2 years.

Historically, 73% of months were positive and 27% were negative. The best month was Nov 2023 with a return of +3.9%, while the worst month was Sep 2023 at -2.9%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 3 months.

On a daily basis, NVBW closed higher 58% of trading days. The best single day was Apr 9, 2025 with a return of +4.5%, while the worst single day was Apr 4, 2025 at -2.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.71%-0.04%-2.28%-1.63%
20251.19%-0.23%-2.13%-0.15%3.05%2.34%1.13%1.03%1.10%0.83%0.32%0.50%9.25%
20240.95%1.20%0.81%-0.16%1.35%0.63%0.50%0.64%0.48%0.54%2.14%-0.39%9.03%
20233.55%-0.90%2.01%1.06%0.58%3.88%1.36%0.20%-2.93%-2.09%3.89%1.66%12.70%
20222.79%-2.20%0.54%

Benchmark Metrics

Allianzim U.S. Large Cap Buffer20 Nov ETF has an annualized alpha of 1.74%, beta of 0.41, and R² of 0.83 versus S&P 500 Index. Calculated based on daily prices since November 02, 2022.

  • This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (39.06%) than losses (34.89%) — typical of diversified or defensive assets.
  • Beta of 0.41 indicates this ETF moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

Alpha
1.74%
Beta
0.41
0.83
Upside Capture
39.06%
Downside Capture
34.89%

Expense Ratio

NVBW has an expense ratio of 0.74%, placing it in the medium range.


Return for Risk

Risk / Return Rank

NVBW ranks 64 for risk / return — better than 64% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


NVBW Risk / Return Rank: 6464
Overall Rank
NVBW Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
NVBW Sortino Ratio Rank: 6060
Sortino Ratio Rank
NVBW Omega Ratio Rank: 7171
Omega Ratio Rank
NVBW Calmar Ratio Rank: 5757
Calmar Ratio Rank
NVBW Martin Ratio Rank: 7474
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Allianzim U.S. Large Cap Buffer20 Nov ETF (NVBW) and compare them to a chosen benchmark (S&P 500 Index).


NVBWBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.05

0.90

+0.16

Sortino ratio

Return per unit of downside risk

1.59

1.39

+0.20

Omega ratio

Gain probability vs. loss probability

1.27

1.21

+0.06

Calmar ratio

Return relative to maximum drawdown

1.52

1.40

+0.12

Martin ratio

Return relative to average drawdown

8.01

6.61

+1.40

Explore NVBW risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History


Allianzim U.S. Large Cap Buffer20 Nov ETF doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Allianzim U.S. Large Cap Buffer20 Nov ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Allianzim U.S. Large Cap Buffer20 Nov ETF was 8.41%, occurring on Apr 8, 2025. Recovery took 38 trading sessions.

The current Allianzim U.S. Large Cap Buffer20 Nov ETF drawdown is 2.71%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-8.41%Feb 20, 202534Apr 8, 202538Jun 3, 202572
-7.2%Sep 15, 202331Oct 27, 202342Dec 28, 202373
-4.03%Feb 3, 202639Mar 30, 2026
-3.66%Feb 3, 202325Mar 10, 202316Apr 3, 202341
-2.87%Dec 1, 202219Dec 28, 202211Jan 13, 202330

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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