AIOO vs. AUGZ
AIOO (AllianzIM U.S. Equity Buffer100 Protection ETF) and AUGZ (TrueShares Structured Outcome (August) ETF) are both Defined Outcome funds. AIOO is actively managed, while AUGZ is passively managed. Their correlation of 0.81 suggests significant overlap in exposure. AIOO charges 0.64%/yr vs 0.79%/yr for AUGZ.
Performance
AIOO vs. AUGZ - Performance Comparison
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Returns By Period
In the year-to-date period, AIOO achieves a 2.13% return, which is significantly lower than AUGZ's 5.82% return.
AIOO
- 1D
- -0.13%
- 1M
- 0.05%
- YTD
- 2.13%
- 6M
- 1.92%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AUGZ
- 1D
- -1.18%
- 1M
- -1.11%
- YTD
- 5.82%
- 6M
- 5.18%
- 1Y
- 17.31%
- 3Y*
- 15.12%
- 5Y*
- 10.16%
- 10Y*
- —
AIOO vs. AUGZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AIOO AllianzIM U.S. Equity Buffer100 Protection ETF | 2.13% | 2.65% |
AUGZ TrueShares Structured Outcome (August) ETF | 5.82% | 8.18% |
Correlation
The correlation between AIOO and AUGZ is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 1, 2025 | 0.81 |
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Return for Risk
AIOO vs. AUGZ — Risk / Return Rank
AIOO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
AUGZ
AIOO vs. AUGZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Equity Buffer100 Protection ETF (AIOO) and TrueShares Structured Outcome (August) ETF (AUGZ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AIOO | AUGZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.31 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.40 | — |
| Martin ratioReturn relative to average drawdown | — | 9.92 | — |
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Drawdowns
AIOO vs. AUGZ - Drawdown Comparison
The maximum AIOO drawdown since its inception was -0.74%, smaller than the maximum AUGZ drawdown of -15.67%. Use the drawdown chart below to compare losses from any high point for AIOO and AUGZ.
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Drawdown Indicators
| AIOO | AUGZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.74% | -15.67% | +14.93% |
Max Drawdown (1Y)Largest decline over 1 year | — | -7.23% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.52% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.67% | — |
Current DrawdownCurrent decline from peak | -0.34% | -2.81% | +2.47% |
Average DrawdownAverage peak-to-trough decline | -0.18% | -3.10% | +2.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.75% | — |
Volatility
AIOO vs. AUGZ - Volatility Comparison
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Volatility by Period
| AIOO | AUGZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.02% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.03% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 2.06% | 10.08% | -8.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.06% | 12.06% | -10.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.06% | 12.14% | -10.08% |
AIOO vs. AUGZ - Expense Ratio Comparison
AIOO has a 0.64% expense ratio, which is lower than AUGZ's 0.79% expense ratio.
Dividends
AIOO vs. AUGZ - Dividend Comparison
AIOO has not paid dividends to shareholders, while AUGZ's dividend yield for the trailing twelve months is around 3.43%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
AIOO AllianzIM U.S. Equity Buffer100 Protection ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AUGZ TrueShares Structured Outcome (August) ETF | 3.43% | 3.63% | 4.08% | 3.42% | 0.41% |
Frequently Asked Questions
AIOO and AUGZ have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AIOO is cheaper at 0.64% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AIOO is cheaper with a 0.64% expense ratio, compared with 0.79% for AUGZ.
AUGZ has the higher dividend yield at 3.43%, compared with 0.00% for AIOO.
They also come from different issuers: Allianz and TrueShares. Their fees differ too: 0.64% for AIOO and 0.79% for AUGZ.
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