AIOO vs. NAPR

Last updated Apr 1, 2026

Compare and contrast key facts about AllianzIM U.S. Equity Buffer100 Protection ETF (AIOO) and Innovator Nasdaq-100 Power Buffer ETF - April (NAPR).

AIOO and NAPR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AIOO is an actively managed fund by Allianz. It was launched on Jun 30, 2025. NAPR is a passively managed fund by Innovator that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 31, 2020.

Performance

AIOO vs. NAPR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AllianzIM U.S. Equity Buffer100 Protection ETF (AIOO) and Innovator Nasdaq-100 Power Buffer ETF - April (NAPR). The values are adjusted to include any dividend payments, if applicable.

AIOO vs. NAPR - Yearly Performance Comparison

	2026 (YTD)	2025
AIOO AllianzIM U.S. Equity Buffer100 Protection ETF	0.01%	2.67%
NAPR Innovator Nasdaq-100 Power Buffer ETF - April	1.71%	5.50%

Returns By Period

In the year-to-date period, AIOO achieves a 0.01% return, which is significantly lower than NAPR's 1.71% return.

AIOO

• 1D: 0.08%
• 1M: -0.25%
• YTD: 0.01%
• 6M: 0.80%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NAPR

• 1D: 0.13%
• 1M: 0.66%
• YTD: 1.71%
• 6M: 3.74%
• 1Y: 14.51%
• 3Y*: 11.94%
• 5Y*: 8.69%
• 10Y*: —

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

AIOO vs. NAPR - Expense Ratio Comparison

AIOO has a 0.64% expense ratio, which is lower than NAPR's 0.79% expense ratio.

NAPR

Innovator Nasdaq-100 Power Buffer ETF - April

AIOO

AllianzIM U.S. Equity Buffer100 Protection ETF

Return for Risk

AIOO vs. NAPR — Risk / Return Rank

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

NAPR

NAPR Risk / Return Rank: 86
NAPR Sharpe Ratio Rank: 80
NAPR Sortino Ratio Rank: 87
NAPR Omega Ratio Rank: 96
NAPR Calmar Ratio Rank: 74
NAPR Martin Ratio Rank: 94

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. NAPR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Equity Buffer100 Protection ETF (AIOO) and Innovator Nasdaq-100 Power Buffer ETF - April (NAPR). 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	NAPR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.51	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.77	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.82	0.95	+0.87

Correlation

The correlation between AIOO and NAPR is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

AIOO vs. NAPR - Dividend Comparison

Neither AIOO nor NAPR has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

AIOO vs. NAPR - Drawdown Comparison

The maximum AIOO drawdown since its inception was -0.74%, smaller than the maximum NAPR drawdown of -16.53%. Use the drawdown chart below to compare losses from any high point for AIOO and NAPR.

Drawdown Indicators

	AIOO	NAPR	Difference
Max Drawdown Largest peak-to-trough decline	-0.74%	-16.53%	+15.79%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.53%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.53%	—
Current Drawdown Current decline from peak	-0.45%	0.00%	-0.45%
Average Drawdown Average peak-to-trough decline	-0.19%	-2.34%	+2.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.03%	—

Volatility

Volatility by Period

	AIOO	NAPR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.65%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.23%	—
Volatility (1Y) Calculated over the trailing 1-year period	1.99%	9.65%	-7.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.99%	11.30%	-9.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.99%	10.71%	-8.72%