JULT vs. NVBT

Last updated Apr 1, 2026

Compare and contrast key facts about AllianzIM U.S. Large Cap Buffer10 Jul ETF (JULT) and Allianzim U.S. Large Cap Buffer10 Nov ETF (NVBT).

JULT and NVBT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JULT is an actively managed fund by Allianz. It was launched on Jun 30, 2020. NVBT is an actively managed fund by Allianz. It was launched on Oct 31, 2022.

Performance

JULT vs. NVBT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AllianzIM U.S. Large Cap Buffer10 Jul ETF (JULT) and Allianzim U.S. Large Cap Buffer10 Nov ETF (NVBT). The values are adjusted to include any dividend payments, if applicable.

JULT vs. NVBT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
JULT AllianzIM U.S. Large Cap Buffer10 Jul ETF	-2.04%	13.73%	17.43%	21.34%	0.23%
NVBT Allianzim U.S. Large Cap Buffer10 Nov ETF	-2.85%	12.84%	12.03%	16.28%	0.24%

Returns By Period

In the year-to-date period, JULT achieves a -2.04% return, which is significantly higher than NVBT's -2.85% return.

JULT

• 1D: 2.00%
• 1M: -2.85%
• YTD: -2.04%
• 6M: 0.19%
• 1Y: 14.92%
• 3Y*: 14.55%
• 5Y*: 9.82%
• 10Y*: —

NVBT

• 1D: 2.13%
• 1M: -3.36%
• YTD: -2.85%
• 6M: -0.95%
• 1Y: 12.30%
• 3Y*: 10.45%
• 5Y*: —
• 10Y*: —

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

JULT vs. NVBT - Expense Ratio Comparison

Both JULT and NVBT have an expense ratio of 0.74%.

JULT

AllianzIM U.S. Large Cap Buffer10 Jul ETF

NVBT

Allianzim U.S. Large Cap Buffer10 Nov ETF

Return for Risk

JULT vs. NVBT — Risk / Return Rank

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

JULT

JULT Risk / Return Rank: 73
JULT Sharpe Ratio Rank: 67
JULT Sortino Ratio Rank: 71
JULT Omega Ratio Rank: 76
JULT Calmar Ratio Rank: 67
JULT Martin Ratio Rank: 83

NVBT

NVBT Risk / Return Rank: 59
NVBT Sharpe Ratio Rank: 53
NVBT Sortino Ratio Rank: 56
NVBT Omega Ratio Rank: 63
NVBT Calmar Ratio Rank: 55
NVBT Martin Ratio Rank: 70

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.

JULT vs. NVBT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Large Cap Buffer10 Jul ETF (JULT) and Allianzim U.S. Large Cap Buffer10 Nov ETF (NVBT). 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.

	JULT	NVBT	Difference
Sharpe ratio Return per unit of total volatility	1.21	0.98	+0.24
Sortino ratio Return per unit of downside risk	1.84	1.49	+0.35
Omega ratio Gain probability vs. loss probability	1.30	1.24	+0.06
Calmar ratio Return relative to maximum drawdown	1.76	1.43	+0.33
Martin ratio Return relative to average drawdown	9.67	7.34	+2.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JULT vs. NVBT - Sharpe Ratio Comparison

The current JULT Sharpe Ratio is 1.21, which is comparable to the NVBT Sharpe Ratio of 0.98. The chart below compares the historical Sharpe Ratios of JULT and NVBT, 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

	JULT	NVBT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.21	0.98	+0.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.90	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.04	1.07	-0.03

Correlation

The correlation between JULT and NVBT is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

JULT vs. NVBT - Dividend Comparison

Neither JULT nor NVBT has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020
JULT AllianzIM U.S. Large Cap Buffer10 Jul ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.86%
NVBT Allianzim U.S. Large Cap Buffer10 Nov ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

JULT vs. NVBT - Drawdown Comparison

The maximum JULT drawdown since its inception was -13.57%, which is greater than NVBT's maximum drawdown of -12.90%. Use the drawdown chart below to compare losses from any high point for JULT and NVBT.

Drawdown Indicators

	JULT	NVBT	Difference
Max Drawdown Largest peak-to-trough decline	-13.57%	-12.90%	-0.67%
Max Drawdown (1Y) Largest decline over 1 year	-8.72%	-8.84%	+0.12%
Max Drawdown (5Y) Largest decline over 5 years	-13.57%	—	—
Current Drawdown Current decline from peak	-3.33%	-4.21%	+0.88%
Average Drawdown Average peak-to-trough decline	-1.82%	-1.39%	-0.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.59%	1.73%	-0.14%

Volatility

JULT vs. NVBT - Volatility Comparison

The current volatility for AllianzIM U.S. Large Cap Buffer10 Jul ETF (JULT) is 3.66%, while Allianzim U.S. Large Cap Buffer10 Nov ETF (NVBT) has a volatility of 3.90%. This indicates that JULT experiences smaller price fluctuations and is considered to be less risky than NVBT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JULT	NVBT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.66%	3.90%	-0.24%
Volatility (6M) Calculated over the trailing 6-month period	5.63%	6.34%	-0.71%
Volatility (1Y) Calculated over the trailing 1-year period	12.35%	12.63%	-0.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.96%	10.45%	+0.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.60%	10.45%	+0.15%