AUGT vs. IVVM

Last updated Jun 5, 2026

AUGT (AllianzIM U.S. Large Cap Buffer10 Aug ETF) and IVVM (iShares Large Cap Moderate Buffer ETF) are both Options Trading funds. Both are actively managed. Over the past year, AUGT returned 19.40% vs 16.46% for IVVM. Their correlation of 0.91 suggests significant overlap in exposure. AUGT charges 0.74%/yr vs 0.50%/yr for IVVM.

Performance

AUGT vs. IVVM - 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 iShares Large Cap Moderate Buffer ETF (IVVM). 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 IVVM slightly lower at 6.18%.

AUGT

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

IVVM

• 1D: 0.22%
• 1M: 1.85%
• YTD: 6.18%
• 6M: 6.26%
• 1Y: 16.46%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AUGT vs. IVVM - 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%
IVVM iShares Large Cap Moderate Buffer ETF	6.18%	14.24%	16.08%	3.25%

Correlation

The correlation between AUGT and IVVM is 0.92, 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	0.92
Correlation (All Time) Calculated using the full available price history since Aug 2, 2023	0.91

The correlation between AUGT and IVVM has been stable across timeframes, ranging from 0.91 to 0.92 - a consistent structural relationship.

AUGT vs. IVVM - Sectors Allocation Comparison

Sectors	AUGT	IVVM
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. IVVM — 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

IVVM

IVVM Risk / Return Rank: 75
IVVM Sharpe Ratio Rank: 73
IVVM Sortino Ratio Rank: 76
IVVM Omega Ratio Rank: 82
IVVM Calmar Ratio Rank: 64
IVVM Martin Ratio Rank: 80

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. IVVM - 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 iShares Large Cap Moderate Buffer ETF (IVVM). 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	IVVM	Difference
Sharpe ratio: Return per unit of total volatility	2.61	2.35	+0.25
Sortino ratio: Return per unit of downside risk	3.73	3.37	+0.37
Omega ratio: Gain probability vs. loss probability	1.52	1.49	+0.04
Calmar ratio: Return relative to maximum drawdown	3.63	3.12	+0.52
Martin ratio: Return relative to average drawdown	18.88	15.52	+3.36
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. IVVM - Sharpe Ratio Comparison

The current AUGT Sharpe Ratio is 2.61, which is comparable to the IVVM Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of AUGT and IVVM, 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	IVVM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.61	2.35	+0.25
Sharpe Ratio (All Time) Calculated using the full available price history	1.56	1.50	+0.06

Drawdowns

AUGT vs. IVVM - Drawdown Comparison

The maximum AUGT drawdown since its inception was -13.12%, which is greater than IVVM's maximum drawdown of -11.62%. Use the drawdown chart below to compare losses from any high point for AUGT and IVVM.

Drawdown Indicators

	AUGT	IVVM	Difference
Max Drawdown Largest peak-to-trough decline	-13.12%	-11.62%	-1.50%
Max Drawdown (1Y) Largest decline over 1 year	-5.36%	-5.31%	-0.05%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-1.22%	-0.92%	-0.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.03%	1.06%	-0.03%

Volatility

AUGT vs. IVVM - Volatility Comparison

The current volatility for AllianzIM U.S. Large Cap Buffer10 Aug ETF (AUGT) is 0.68%, while iShares Large Cap Moderate Buffer ETF (IVVM) has a volatility of 0.73%. This indicates that AUGT experiences smaller price fluctuations and is considered to be less risky than IVVM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AUGT	IVVM	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.68%	0.73%	-0.05%
Volatility (6M) Calculated over the trailing 6-month period	5.50%	5.62%	-0.12%
Volatility (1Y) Calculated over the trailing 1-year period	7.48%	7.03%	+0.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.18%	9.62%	+0.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.18%	9.62%	+0.56%

AUGT vs. IVVM - Expense Ratio Comparison

AUGT has a 0.74% expense ratio, which is higher than IVVM's 0.50% expense ratio.

Dividends

AUGT vs. IVVM - Dividend Comparison

AUGT has not paid dividends to shareholders, while IVVM's dividend yield for the trailing twelve months is around 0.64%.

Position	TTM	2025	2024
AUGT AllianzIM U.S. Large Cap Buffer10 Aug ETF	0.00%	0.00%	0.00%
IVVM iShares Large Cap Moderate Buffer ETF	0.64%	0.68%	0.62%

Frequently Asked Questions

Can I hold both AUGT and IVVM in my portfolio?

With a correlation of 0.92, AUGT and IVVM move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, AUGT or IVVM?

IVVM has higher volatility (0.73%) compared to AUGT (0.68%). In terms of maximum drawdown, AUGT dropped -13.12% vs IVVM's -11.62%.

Which ETF is better, AUGT or IVVM?

On 1-year performance, AUGT leads with 19.40% vs 16.46% for IVVM. On fees, IVVM is cheaper at 0.50% per year. 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 IVVM?

Over the 1-year period, AUGT has performed better with a 19.40% return vs 16.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AUGT or IVVM?

IVVM is cheaper with a 0.50% expense ratio, compared with 0.74% for AUGT.

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

IVVM has the higher dividend yield at 0.64%, compared with 0.00% for AUGT.

What is the main difference between AUGT and IVVM?

They also come from different issuers: Allianz and iShares. Their fees differ too: 0.74% for AUGT and 0.50% for IVVM.

Which has better risk-adjusted returns?

AUGT currently has the higher Sharpe Ratio (2.61 vs 2.35), 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.