AIOO vs. DAUG

Last updated Jun 3, 2026

AIOO (AllianzIM U.S. Equity Buffer100 Protection ETF) and DAUG (FT Vest U.S. Equity Deep Buffer ETF - August) are both Defined Outcome funds. AIOO is actively managed, while DAUG is passively managed. A 0.73 correlation means they provide meaningful diversification when combined. AIOO charges 0.64%/yr vs 0.85%/yr for DAUG.

Performance

AIOO vs. DAUG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AllianzIM U.S. Equity Buffer100 Protection ETF (AIOO) and FT Vest U.S. Equity Deep Buffer ETF - August (DAUG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AIOO achieves a 2.48% return, which is significantly lower than DAUG's 5.29% return.

AIOO

• 1D: 0.04%
• 1M: 1.11%
• YTD: 2.48%
• 6M: 2.55%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DAUG

• 1D: 0.12%
• 1M: 1.73%
• YTD: 5.29%
• 6M: 5.95%
• 1Y: 15.63%
• 3Y*: 12.37%
• 5Y*: 6.42%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AIOO vs. DAUG - Yearly Performance Comparison

	2026 (YTD)	2025
AIOO AllianzIM U.S. Equity Buffer100 Protection ETF	2.48%	2.67%
DAUG FT Vest U.S. Equity Deep Buffer ETF - August	5.29%	6.57%

Correlation

The correlation between AIOO and DAUG is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 2, 2025	0.73

Return for Risk

AIOO vs. DAUG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DAUG

DAUG Risk / Return Rank: 84
DAUG Sharpe Ratio Rank: 83
DAUG Sortino Ratio Rank: 88
DAUG Omega Ratio Rank: 89
DAUG Calmar Ratio Rank: 72
DAUG Martin Ratio Rank: 87

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.

AIOO vs. DAUG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Equity Buffer100 Protection ETF (AIOO) and FT Vest U.S. Equity Deep Buffer ETF - August (DAUG). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	AIOO	DAUG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.77	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.80	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.88	0.75	+2.13

Drawdowns

AIOO vs. DAUG - Drawdown Comparison

The maximum AIOO drawdown since its inception was -0.74%, smaller than the maximum DAUG drawdown of -15.34%. Use the drawdown chart below to compare losses from any high point for AIOO and DAUG.

Drawdown Indicators

	AIOO	DAUG	Difference
Max Drawdown Largest peak-to-trough decline	-0.74%	-15.34%	+14.60%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.37%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-10.53%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-15.34%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.17%	-2.82%	+2.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.82%	—

Volatility

Volatility by Period

	AIOO	DAUG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.75%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.37%	—
Volatility (1Y) Calculated over the trailing 1-year period	1.98%	5.68%	-3.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.98%	8.05%	-6.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.98%	9.27%	-7.29%

AIOO vs. DAUG - Expense Ratio Comparison

AIOO has a 0.64% expense ratio, which is lower than DAUG's 0.85% expense ratio.

Dividends

AIOO vs. DAUG - Dividend Comparison

Neither AIOO nor DAUG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both AIOO and DAUG in my portfolio?

AIOO and DAUG have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AIOO or DAUG?

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.

Which ETF is cheaper, AIOO or DAUG?

AIOO is cheaper with a 0.64% expense ratio, compared with 0.85% for DAUG.

Which ETF pays a higher dividend yield, AIOO or DAUG?

AIOO and DAUG have nearly identical dividend yields, around 0.00%.

What is the main difference between AIOO and DAUG?

They also come from different issuers: Allianz and FT Vest. Their fees differ too: 0.64% for AIOO and 0.85% for DAUG.