APRT vs. AIOO

Last updated Jun 4, 2026

APRT (AllianzIM U.S. Large Cap Buffer10 Apr ETF) and AIOO (AllianzIM U.S. Equity Buffer100 Protection ETF) are both exchange-traded funds - APRT is a Options Trading fund actively managed by Allianz, while AIOO is a Defined Outcome fund actively managed by Allianz. Both are actively managed. A 0.70 correlation means they provide meaningful diversification when combined. APRT charges 0.74%/yr vs 0.64%/yr for AIOO.

Performance

APRT vs. AIOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AllianzIM U.S. Large Cap Buffer10 Apr ETF (APRT) and AllianzIM U.S. Equity Buffer100 Protection ETF (AIOO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, APRT achieves a 9.89% return, which is significantly higher than AIOO's 2.34% return.

APRT

• 1D: -0.20%
• 1M: 2.07%
• YTD: 9.89%
• 6M: 10.85%
• 1Y: 19.10%
• 3Y*: 14.42%
• 5Y*: 10.64%
• 10Y*: —

AIOO

• 1D: -0.13%
• 1M: 1.13%
• YTD: 2.34%
• 6M: 2.33%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

APRT vs. AIOO - Yearly Performance Comparison

	2026 (YTD)	2025
APRT AllianzIM U.S. Large Cap Buffer10 Apr ETF	9.89%	6.10%
AIOO AllianzIM U.S. Equity Buffer100 Protection ETF	2.34%	2.67%

Correlation

The correlation between APRT and AIOO is 0.70, 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	0.70

Return for Risk

APRT vs. AIOO — Risk / Return Rank

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

APRT

APRT Risk / Return Rank: 97
APRT Sharpe Ratio Rank: 95
APRT Sortino Ratio Rank: 98
APRT Omega Ratio Rank: 97
APRT Calmar Ratio Rank: 97
APRT Martin Ratio Rank: 98

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.

APRT vs. AIOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Large Cap Buffer10 Apr ETF (APRT) and AllianzIM U.S. Equity Buffer100 Protection ETF (AIOO). 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.

	APRT	AIOO	Difference
Sharpe ratio: Return per unit of total volatility	3.83	—	—
Sortino ratio: Return per unit of downside risk	6.77	—	—
Omega ratio: Gain probability vs. loss probability	1.97	—	—
Calmar ratio: Return relative to maximum drawdown	12.06	—	—
Martin ratio: Return relative to average drawdown	65.68	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	APRT	AIOO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.83	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.99	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.11	2.79	-1.68

Drawdowns

APRT vs. AIOO - Drawdown Comparison

The maximum APRT drawdown since its inception was -14.98%, which is greater than AIOO's maximum drawdown of -0.74%. Use the drawdown chart below to compare losses from any high point for APRT and AIOO.

Drawdown Indicators

	APRT	AIOO	Difference
Max Drawdown Largest peak-to-trough decline	-14.98%	-0.74%	-14.24%
Max Drawdown (1Y) Largest decline over 1 year	-1.59%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-14.98%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-14.98%	—	—
Current Drawdown Current decline from peak	-0.20%	-0.13%	-0.07%
Average Drawdown Average peak-to-trough decline	-2.05%	-0.17%	-1.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.29%	—	—

Volatility

Volatility by Period

	APRT	AIOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.01%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.99%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	5.02%	1.99%	+3.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.78%	1.99%	+8.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.29%	1.99%	+8.30%

APRT vs. AIOO - Expense Ratio Comparison

APRT has a 0.74% expense ratio, which is higher than AIOO's 0.64% expense ratio.

Dividends

APRT vs. AIOO - Dividend Comparison

Neither APRT nor AIOO has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
AIOO AllianzIM U.S. Equity Buffer100 Protection ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
APRT AllianzIM U.S. Large Cap Buffer10 Apr ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	4.67%

Frequently Asked Questions

Can I hold both APRT and AIOO in my portfolio?

APRT and AIOO have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, APRT or AIOO?

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, APRT or AIOO?

AIOO is cheaper with a 0.64% expense ratio, compared with 0.74% for APRT.

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

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

What is the main difference between APRT and AIOO?

APRT is categorized as Options Trading, while AIOO is Defined Outcome. Their fees differ too: 0.74% for APRT and 0.64% for AIOO.