AUGT vs. APRW

Last updated Jun 5, 2026

AUGT (AllianzIM U.S. Large Cap Buffer10 Aug ETF) and APRW (AllianzIM U.S. Large Cap Buffer20 Apr ETF) are both Options Trading funds from Allianz. Both are actively managed. Over the past year, AUGT returned 19.40% vs 12.72% for APRW. Their correlation of 0.87 suggests significant overlap in exposure. Both charge a 0.74% expense ratio.

Performance

AUGT vs. APRW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AllianzIM U.S. Large Cap Buffer10 Aug ETF (AUGT) and AllianzIM U.S. Large Cap Buffer20 Apr ETF (APRW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with AUGT having a 6.41% return and APRW slightly lower at 6.38%.

AUGT

• 1D: 0.15%
• 1M: 1.96%
• YTD: 6.41%
• 6M: 6.99%
• 1Y: 19.40%
• 3Y*: —
• 5Y*: —
• 10Y*: —

APRW

• 1D: 0.11%
• 1M: 1.21%
• YTD: 6.38%
• 6M: 7.12%
• 1Y: 12.72%
• 3Y*: 10.27%
• 5Y*: 7.14%
• 10Y*: —

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

AUGT vs. APRW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AUGT AllianzIM U.S. Large Cap Buffer10 Aug ETF	6.41%	14.64%	19.69%	3.94%
APRW AllianzIM U.S. Large Cap Buffer20 Apr ETF	6.38%	6.18%	11.25%	3.95%

Correlation

The correlation between AUGT and APRW is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (All Time) Calculated using the full available price history since Aug 2, 2023	0.87

The correlation between AUGT and APRW has been stable across timeframes, ranging from 0.87 to 0.87 - a consistent structural relationship.

AUGT vs. APRW - Sectors Allocation Comparison

Sectors	AUGT	APRW
Technology	36.2%	36.2%
Financial Services	11.9%	11.9%
Communication Services	10.9%	10.9%
Consumer Cyclical	10.1%	10.1%
Healthcare	8.4%	8.4%
Industrials	8.1%	8.1%
Consumer Defensive	4.9%	4.9%
Energy	3.5%	3.5%
Utilities	2.3%	2.3%
Real Estate	1.9%	1.9%
Basic Materials	1.8%	1.8%

Return for Risk

AUGT vs. APRW — Risk / Return Rank

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

AUGT

AUGT Risk / Return Rank: 83
AUGT Sharpe Ratio Rank: 82
AUGT Sortino Ratio Rank: 85
AUGT Omega Ratio Rank: 86
AUGT Calmar Ratio Rank: 74
AUGT Martin Ratio Rank: 88

APRW

APRW Risk / Return Rank: 98
APRW Sharpe Ratio Rank: 97
APRW Sortino Ratio Rank: 98
APRW Omega Ratio Rank: 98
APRW Calmar Ratio Rank: 98
APRW Martin Ratio Rank: 99

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.

AUGT vs. APRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Large Cap Buffer10 Aug ETF (AUGT) and AllianzIM U.S. Large Cap Buffer20 Apr ETF (APRW). 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.

	AUGT	APRW	Difference
Sharpe ratio: Return per unit of total volatility	2.61	4.88	-2.27
Sortino ratio: Return per unit of downside risk	3.73	8.96	-5.23
Omega ratio: Gain probability vs. loss probability	1.52	2.24	-0.72
Calmar ratio: Return relative to maximum drawdown	3.63	17.00	-13.37
Martin ratio: Return relative to average drawdown	18.88	87.02	-68.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AUGT vs. APRW - Sharpe Ratio Comparison

The current AUGT Sharpe Ratio is 2.61, which is lower than the APRW Sharpe Ratio of 4.88. The chart below compares the historical Sharpe Ratios of AUGT and APRW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AUGT	APRW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.61	4.88	-2.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.07	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.56	1.15	+0.41

Drawdowns

AUGT vs. APRW - Drawdown Comparison

The maximum AUGT drawdown since its inception was -13.12%, which is greater than APRW's maximum drawdown of -9.61%. Use the drawdown chart below to compare losses from any high point for AUGT and APRW.

Drawdown Indicators

	AUGT	APRW	Difference
Max Drawdown Largest peak-to-trough decline	-13.12%	-9.61%	-3.51%
Max Drawdown (1Y) Largest decline over 1 year	-5.36%	-0.75%	-4.61%
Max Drawdown (3Y) Largest decline over 3 years	—	-9.61%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-9.61%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-1.22%	-1.12%	-0.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.03%	0.15%	+0.88%

Volatility

AUGT vs. APRW - Volatility Comparison

AllianzIM U.S. Large Cap Buffer10 Aug ETF (AUGT) has a higher volatility of 0.68% compared to AllianzIM U.S. Large Cap Buffer20 Apr ETF (APRW) at 0.59%. This indicates that AUGT's price experiences larger fluctuations and is considered to be riskier than APRW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AUGT	APRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.68%	0.59%	+0.09%
Volatility (6M) Calculated over the trailing 6-month period	5.50%	1.84%	+3.66%
Volatility (1Y) Calculated over the trailing 1-year period	7.48%	2.62%	+4.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.18%	6.72%	+3.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.18%	6.41%	+3.77%

AUGT vs. APRW - Expense Ratio Comparison

Both AUGT and APRW have an expense ratio of 0.74%.

Dividends

AUGT vs. APRW - Dividend Comparison

Neither AUGT nor APRW has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
APRW AllianzIM U.S. Large Cap Buffer20 Apr ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.67%
AUGT AllianzIM U.S. Large Cap Buffer10 Aug ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AUGT and APRW in my portfolio?

AUGT and APRW have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AUGT or APRW?

AUGT has higher volatility (0.68%) compared to APRW (0.59%). In terms of maximum drawdown, AUGT dropped -13.12% vs APRW's -9.61%.

Which ETF is better, AUGT or APRW?

On 1-year performance, AUGT leads with 19.40% vs 12.72% for APRW. Both ETFs have the same 0.74% expense ratio. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AUGT or APRW?

Over the 1-year period, AUGT has performed better with a 19.40% return vs 12.72%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AUGT or APRW?

AUGT and APRW have the same expense ratio: 0.74% per year.

Which ETF pays a higher dividend yield, AUGT or APRW?

AUGT and APRW have nearly identical dividend yields, around 0.00%.

Which has better risk-adjusted returns?

APRW currently has the higher Sharpe Ratio (4.88 vs 2.61), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.