APRT vs. NOVT

Last updated Apr 1, 2026

Compare and contrast key facts about AllianzIM U.S. Large Cap Buffer10 Apr ETF (APRT) and Novanta Inc. (NOVT).

APRT is an actively managed fund by Allianz. It was launched on May 28, 2020.

Performance

APRT vs. NOVT - 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 Novanta Inc. (NOVT). The values are adjusted to include any dividend payments, if applicable.

APRT vs. NOVT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
APRT AllianzIM U.S. Large Cap Buffer10 Apr ETF	2.08%	7.99%	15.15%	22.13%	-6.41%	11.89%	9.09%
NOVT Novanta Inc.	-0.74%	-22.11%	-9.29%	23.95%	-22.95%	49.15%	13.28%

Returns By Period

In the year-to-date period, APRT achieves a 2.08% return, which is significantly higher than NOVT's -0.74% return.

APRT

• 1D: 2.34%
• 1M: 0.97%
• YTD: 2.08%
• 6M: 4.40%
• 1Y: 14.62%
• 3Y*: 12.89%
• 5Y*: 9.79%
• 10Y*: —

NOVT

• 1D: 4.44%
• 1M: -12.14%
• YTD: -0.74%
• 6M: 17.93%
• 1Y: -7.63%
• 3Y*: -9.45%
• 5Y*: -2.62%
• 10Y*: 23.73%

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

Return for Risk

APRT vs. NOVT — Risk / Return Rank

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

APRT

APRT Risk / Return Rank: 81
APRT Sharpe Ratio Rank: 74
APRT Sortino Ratio Rank: 79
APRT Omega Ratio Rank: 93
APRT Calmar Ratio Rank: 69
APRT Martin Ratio Rank: 90

NOVT

NOVT Risk / Return Rank: 33
NOVT Sharpe Ratio Rank: 34
NOVT Sortino Ratio Rank: 33
NOVT Omega Ratio Rank: 33
NOVT Calmar Ratio Rank: 32
NOVT Martin Ratio Rank: 31

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. NOVT - 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 Novanta Inc. (NOVT). 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	NOVT	Difference
Sharpe ratio Return per unit of total volatility	1.34	-0.15	+1.49
Sortino ratio Return per unit of downside risk	2.04	0.13	+1.90
Omega ratio Gain probability vs. loss probability	1.43	1.02	+0.41
Calmar ratio Return relative to maximum drawdown	1.77	-0.32	+2.09
Martin ratio Return relative to average drawdown	11.67	-0.67	+12.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

APRT vs. NOVT - Sharpe Ratio Comparison

The current APRT Sharpe Ratio is 1.34, which is higher than the NOVT Sharpe Ratio of -0.15. The chart below compares the historical Sharpe Ratios of APRT and NOVT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	APRT	NOVT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.34	-0.15	+1.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.91	-0.07	+0.98
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.62	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.99	0.62	+0.37

Correlation

The correlation between APRT and NOVT is 0.61, 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

APRT vs. NOVT - Dividend Comparison

Neither APRT nor NOVT has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020
APRT AllianzIM U.S. Large Cap Buffer10 Apr ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	4.67%
NOVT Novanta Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

APRT vs. NOVT - Drawdown Comparison

The maximum APRT drawdown since its inception was -14.98%, smaller than the maximum NOVT drawdown of -46.71%. Use the drawdown chart below to compare losses from any high point for APRT and NOVT.

Drawdown Indicators

	APRT	NOVT	Difference
Max Drawdown Largest peak-to-trough decline	-14.98%	-46.71%	+31.73%
Max Drawdown (1Y) Largest decline over 1 year	-8.70%	-26.97%	+18.27%
Max Drawdown (5Y) Largest decline over 5 years	-14.98%	-46.71%	+31.73%
Max Drawdown (10Y) Largest decline over 10 years	—	-46.71%	—
Current Drawdown Current decline from peak	0.00%	-36.57%	+36.57%
Average Drawdown Average peak-to-trough decline	-2.11%	-12.05%	+9.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.32%	12.71%	-11.39%

Volatility

APRT vs. NOVT - Volatility Comparison

The current volatility for AllianzIM U.S. Large Cap Buffer10 Apr ETF (APRT) is 3.02%, while Novanta Inc. (NOVT) has a volatility of 12.99%. This indicates that APRT experiences smaller price fluctuations and is considered to be less risky than NOVT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	APRT	NOVT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.02%	12.99%	-9.97%
Volatility (6M) Calculated over the trailing 6-month period	3.81%	38.56%	-34.75%
Volatility (1Y) Calculated over the trailing 1-year period	10.98%	50.24%	-39.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.82%	39.03%	-28.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.40%	38.37%	-27.97%