NVBT vs. XDOC

Last updated Apr 1, 2026

Compare and contrast key facts about Allianzim U.S. Large Cap Buffer10 Nov ETF (NVBT) and Innovator U.S. Equity Accelerated ETF - October (XDOC).

NVBT and XDOC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NVBT is an actively managed fund by Allianz. It was launched on Oct 31, 2022. XDOC is an actively managed fund by Innovator. It was launched on Sep 30, 2021.

Performance

NVBT vs. XDOC - Performance Comparison

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

NVBT vs. XDOC - Yearly Performance Comparison

	2026 (YTD)
NVBT Allianzim U.S. Large Cap Buffer10 Nov ETF	-3.87%
XDOC Innovator U.S. Equity Accelerated ETF - October	0.00%

Returns By Period

NVBT

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

XDOC

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NVBT vs. XDOC - Expense Ratio Comparison

NVBT has a 0.74% expense ratio, which is lower than XDOC's 0.79% expense ratio.

XDOC

Innovator U.S. Equity Accelerated ETF - October

NVBT

Allianzim U.S. Large Cap Buffer10 Nov ETF

Return for Risk

NVBT vs. XDOC — Risk / Return Rank

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

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.

NVBT vs. XDOC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Allianzim U.S. Large Cap Buffer10 Nov ETF (NVBT) and Innovator U.S. Equity Accelerated ETF - October (XDOC). 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.

	NVBT	XDOC	Difference
Sharpe ratio Return per unit of total volatility	0.98	—	—
Sortino ratio Return per unit of downside risk	1.49	—	—
Omega ratio Gain probability vs. loss probability	1.24	—	—
Calmar ratio Return relative to maximum drawdown	1.43	—	—
Martin ratio Return relative to average drawdown	7.34	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	NVBT	XDOC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.98	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.07	—	—

Dividends

NVBT vs. XDOC - Dividend Comparison

Neither NVBT nor XDOC has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

NVBT vs. XDOC - Drawdown Comparison

The maximum NVBT drawdown since its inception was -12.90%, which is greater than XDOC's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for NVBT and XDOC.

Drawdown Indicators

	NVBT	XDOC	Difference
Max Drawdown Largest peak-to-trough decline	-12.90%	0.00%	-12.90%
Max Drawdown (1Y) Largest decline over 1 year	-8.84%	—	—
Current Drawdown Current decline from peak	-4.21%	0.00%	-4.21%
Average Drawdown Average peak-to-trough decline	-1.39%	0.00%	-1.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.73%	—	—

Volatility

Volatility by Period

	NVBT	XDOC	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.90%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.34%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.63%	0.00%	+12.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.45%	0.00%	+10.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.45%	0.00%	+10.45%