JULW vs. NVII

Last updated Jul 18, 2026

JULW (AllianzIM U.S. Large Cap Buffer20 Jul ETF) and NVII (REX NVIDIA Growth & Income ETF) are both exchange-traded funds - JULW is a Options Trading fund actively managed by Allianz, while NVII is a Derivative Income fund actively managed by REX. Both are actively managed. Over the past year, JULW returned 9.02% vs 24.97% for NVII. A 0.53 correlation means they provide meaningful diversification when combined. JULW charges 0.74%/yr vs 0.99%/yr for NVII.

Performance

JULW vs. NVII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AllianzIM U.S. Large Cap Buffer20 Jul ETF (JULW) and REX NVIDIA Growth & Income ETF (NVII). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JULW achieves a 4.17% return, which is significantly lower than NVII's 10.62% return.

JULW

• 1D: -0.42%
• 1M: 0.16%
• 6M: 3.58%
• YTD: 4.17%
• 1Y: 9.02%
• 3Y*: 10.60%
• 5Y*: 9.05%
• 10Y*: —

NVII

• 1D: -2.36%
• 1M: 0.29%
• 6M: 9.98%
• YTD: 10.62%
• 1Y: 24.97%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JULW vs. NVII - Yearly Performance Comparison

	2026 (YTD)	2025
JULW AllianzIM U.S. Large Cap Buffer20 Jul ETF	4.17%	9.51%
NVII REX NVIDIA Growth & Income ETF	10.62%	47.63%

Correlation

The correlation between JULW and NVII is 0.52, 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	0.52
Correlation (All Time) Calculated using the full available price history since May 28, 2025	0.53

The correlation between JULW and NVII has been stable across timeframes, ranging from 0.52 to 0.53 - a consistent structural relationship.

Return for Risk

JULW vs. NVII — Risk / Return Rank

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

JULW

JULW Risk / Return Rank: 88
JULW Sharpe Ratio Rank: 87
JULW Sortino Ratio Rank: 90
JULW Omega Ratio Rank: 91
JULW Calmar Ratio Rank: 78
JULW Martin Ratio Rank: 92

NVII

NVII Risk / Return Rank: 26
NVII Sharpe Ratio Rank: 24
NVII Sortino Ratio Rank: 25
NVII Omega Ratio Rank: 24
NVII Calmar Ratio Rank: 32
NVII Martin Ratio Rank: 27

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.

JULW vs. NVII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Large Cap Buffer20 Jul ETF (JULW) and REX NVIDIA Growth & Income ETF (NVII). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	JULW	NVII	Difference
Sharpe ratio: Return per unit of total volatility	2.19	0.69	+1.50
Sortino ratio: Return per unit of downside risk	3.35	1.14	+2.21
Omega ratio: Gain probability vs. loss probability	1.46	1.14	+0.32
Calmar ratio: Return relative to maximum drawdown	3.06	1.35	+1.71
Martin ratio: Return relative to average drawdown	17.38	2.93	+14.45

JULW vs. NVII - Sharpe Ratio Comparison

The current JULW Sharpe Ratio is 2.19, which is higher than the NVII Sharpe Ratio of 0.69. The chart below compares the historical Sharpe Ratios of JULW and NVII, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JULW vs. NVII - Drawdown Comparison

The maximum JULW drawdown since its inception was -9.49%, smaller than the maximum NVII drawdown of -18.56%. Use the drawdown chart below to compare losses from any high point for JULW and NVII.

Drawdown Indicators

	JULW	NVII	Difference
Max Drawdown Largest peak-to-trough decline	-9.49%	-18.56%	+9.07%
Max Drawdown (1Y) Largest decline over 1 year	-2.96%	-18.56%	+15.60%
Max Drawdown (3Y) Largest decline over 3 years	-9.49%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-9.49%	—	—
Current Drawdown Current decline from peak	-0.61%	-12.41%	+11.80%
Average Drawdown Average peak-to-trough decline	-0.90%	-6.26%	+5.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.52%	8.55%	-8.03%

Volatility

JULW vs. NVII - Volatility Comparison

The current volatility for AllianzIM U.S. Large Cap Buffer20 Jul ETF (JULW) is 0.91%, while REX NVIDIA Growth & Income ETF (NVII) has a volatility of 10.47%. This indicates that JULW experiences smaller price fluctuations and is considered to be less risky than NVII based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JULW	NVII	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.91%	10.47%	-9.56%
Volatility (6M) Calculated over the trailing 6-month period	3.28%	27.99%	-24.71%
Volatility (1Y) Calculated over the trailing 1-year period	4.15%	36.33%	-32.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.89%	35.54%	-28.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.48%	35.54%	-29.06%

JULW vs. NVII - Expense Ratio Comparison

JULW has a 0.74% expense ratio, which is lower than NVII's 0.99% expense ratio.

Dividends

JULW vs. NVII - Dividend Comparison

JULW has not paid dividends to shareholders, while NVII's dividend yield for the trailing twelve months is around 57.03%.

Position	TTM	2025	2024	2023	2022	2021	2020
JULW AllianzIM U.S. Large Cap Buffer20 Jul ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.04%
NVII REX NVIDIA Growth & Income ETF	57.03%	29.17%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JULW and NVII in my portfolio?

JULW and NVII have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JULW or NVII?

NVII has higher volatility (10.47%) compared to JULW (0.91%). In terms of maximum drawdown, JULW dropped -9.49% vs NVII's -18.56%.

Which ETF is better, JULW or NVII?

On 1-year performance, NVII leads with 24.97% vs 9.02% for JULW. On fees, JULW is cheaper at 0.74% per year. On volatility, JULW has been the lower-risk option at 0.91%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JULW or NVII?

Over the 1-year period, NVII has performed better with a 24.97% return vs 9.02%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JULW or NVII?

JULW is cheaper with a 0.74% expense ratio, compared with 0.99% for NVII.

Which ETF pays a higher dividend yield, JULW or NVII?

NVII has the higher dividend yield at 57.03%, compared with 0.00% for JULW.

What is the main difference between JULW and NVII?

JULW is categorized as Options Trading, while NVII is Derivative Income. They also come from different issuers: Allianz and REX. Their fees differ too: 0.74% for JULW and 0.99% for NVII.

Which has better risk-adjusted returns?

JULW currently has the higher Sharpe Ratio (2.19 vs 0.69), 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.