AUGT vs. XAPR

Last updated Jun 5, 2026

AUGT (AllianzIM U.S. Large Cap Buffer10 Aug ETF) and XAPR (FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - April) are both Options Trading funds. Both are actively managed. Over the past year, AUGT returned 19.40% vs 8.84% for XAPR. Their correlation of 0.85 suggests significant overlap in exposure. AUGT charges 0.74%/yr vs 0.85%/yr for XAPR.

Performance

AUGT vs. XAPR - 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 FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - April (XAPR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AUGT achieves a 6.41% return, which is significantly higher than XAPR's 3.50% return.

AUGT

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

XAPR

• 1D: 0.11%
• 1M: 1.51%
• YTD: 3.50%
• 6M: 4.10%
• 1Y: 8.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AUGT vs. XAPR - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AUGT AllianzIM U.S. Large Cap Buffer10 Aug ETF	6.41%	14.64%	14.92%
XAPR FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - April	3.50%	12.57%	8.25%

Correlation

The correlation between AUGT and XAPR is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.80
Correlation (All Time) Calculated using the full available price history since Apr 23, 2024	0.85

The correlation between AUGT and XAPR has been stable across timeframes, ranging from 0.80 to 0.85 - a consistent structural relationship.

Return for Risk

AUGT vs. XAPR — 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

XAPR

XAPR Risk / Return Rank: 98
XAPR Sharpe Ratio Rank: 96
XAPR Sortino Ratio Rank: 98
XAPR Omega Ratio Rank: 98
XAPR Calmar Ratio Rank: 98
XAPR 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.

AUGT vs. XAPR - 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 FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - April (XAPR). 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	XAPR	Difference
Sharpe ratio: Return per unit of total volatility	2.61	4.33	-1.73
Sortino ratio: Return per unit of downside risk	3.73	7.34	-3.61
Omega ratio: Gain probability vs. loss probability	1.52	2.07	-0.55
Calmar ratio: Return relative to maximum drawdown	3.63	13.45	-9.82
Martin ratio: Return relative to average drawdown	18.88	71.17	-52.29
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. XAPR - Sharpe Ratio Comparison

The current AUGT Sharpe Ratio is 2.61, which is lower than the XAPR Sharpe Ratio of 4.33. The chart below compares the historical Sharpe Ratios of AUGT and XAPR, 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	XAPR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.61	4.33	-1.73
Sharpe Ratio (All Time) Calculated using the full available price history	1.56	1.89	-0.33

Drawdowns

AUGT vs. XAPR - Drawdown Comparison

The maximum AUGT drawdown since its inception was -13.12%, which is greater than XAPR's maximum drawdown of -6.18%. Use the drawdown chart below to compare losses from any high point for AUGT and XAPR.

Drawdown Indicators

	AUGT	XAPR	Difference
Max Drawdown Largest peak-to-trough decline	-13.12%	-6.18%	-6.94%
Max Drawdown (1Y) Largest decline over 1 year	-5.36%	-0.66%	-4.70%
Current Drawdown Current decline from peak	0.00%	-0.05%	+0.05%
Average Drawdown Average peak-to-trough decline	-1.22%	-0.18%	-1.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.03%	0.12%	+0.91%

Volatility

AUGT vs. XAPR - Volatility Comparison

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

Volatility by Period

	AUGT	XAPR	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%	1.31%	+4.19%
Volatility (1Y) Calculated over the trailing 1-year period	7.48%	2.05%	+5.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.18%	6.17%	+4.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.18%	6.17%	+4.01%

AUGT vs. XAPR - Expense Ratio Comparison

AUGT has a 0.74% expense ratio, which is lower than XAPR's 0.85% expense ratio.

Dividends

AUGT vs. XAPR - Dividend Comparison

Neither AUGT nor XAPR has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both AUGT and XAPR in my portfolio?

AUGT and XAPR have a correlation of 0.80, 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 XAPR?

XAPR has higher volatility (0.73%) compared to AUGT (0.68%). In terms of maximum drawdown, AUGT dropped -13.12% vs XAPR's -6.18%.

Which ETF is better, AUGT or XAPR?

On 1-year performance, AUGT leads with 19.40% vs 8.84% for XAPR. On fees, AUGT is cheaper at 0.74% 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 XAPR?

Over the 1-year period, AUGT has performed better with a 19.40% return vs 8.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AUGT or XAPR?

AUGT is cheaper with a 0.74% expense ratio, compared with 0.85% for XAPR.

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

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

What is the main difference between AUGT and XAPR?

They also come from different issuers: Allianz and FT Vest. Their fees differ too: 0.74% for AUGT and 0.85% for XAPR.

Which has better risk-adjusted returns?

XAPR currently has the higher Sharpe Ratio (4.33 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.