AZBO vs. VAW
Compare and contrast key facts about AllianzIM U.S. Large Cap Buffer20 Oct ETF (AZBO) and Vanguard Materials ETF (VAW).
AZBO and VAW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AZBO is a passively managed fund by Allianz Investment Management LLC that tracks the performance of the S&P 500 Index. It was launched on Sep 30, 2020. VAW is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Materials 25/50 Index. It was launched on Jan 26, 2004. Both AZBO and VAW are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AZBO or VAW.
Key characteristics
| AZBO | VAW | |
|---|---|---|
| YTD Return | 3.27% | 3.22% |
| 1Y Return | 15.05% | 13.83% |
| 3Y Return (Ann) | 8.30% | 4.36% |
| Sharpe Ratio | 3.85 | 0.84 |
| Daily Std Dev | 3.82% | 15.27% |
| Max Drawdown | -6.96% | -62.17% |
| Current Drawdown | -0.28% | -4.52% |
Correlation
The correlation between AZBO and VAW is 0.68, 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.
Performance
AZBO vs. VAW - Performance Comparison
The year-to-date returns for both stocks are quite close, with AZBO having a 3.27% return and VAW slightly lower at 3.22%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AZBO vs. VAW - Expense Ratio Comparison
AZBO has a 0.74% expense ratio, which is higher than VAW's 0.10% expense ratio.
Risk-Adjusted Performance
AZBO vs. VAW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Large Cap Buffer20 Oct ETF (AZBO) and Vanguard Materials ETF (VAW). 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.
Dividends
AZBO vs. VAW - Dividend Comparison
AZBO has not paid dividends to shareholders, while VAW's dividend yield for the trailing twelve months is around 1.67%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AZBO AllianzIM U.S. Large Cap Buffer20 Oct ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VAW Vanguard Materials ETF | 1.67% | 1.72% | 1.98% | 1.44% | 1.67% | 1.94% | 2.03% | 1.63% | 1.67% | 2.30% | 1.76% | 1.84% |
Drawdowns
AZBO vs. VAW - Drawdown Comparison
The maximum AZBO drawdown since its inception was -6.96%, smaller than the maximum VAW drawdown of -62.17%. Use the drawdown chart below to compare losses from any high point for AZBO and VAW. For additional features, visit the drawdowns tool.
Volatility
AZBO vs. VAW - Volatility Comparison
The current volatility for AllianzIM U.S. Large Cap Buffer20 Oct ETF (AZBO) is 0.96%, while Vanguard Materials ETF (VAW) has a volatility of 3.86%. This indicates that AZBO experiences smaller price fluctuations and is considered to be less risky than VAW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.