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ETFs

AllianzIM U.S. Large Cap Buffer10 Nov ETF

NVBT
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Oct 31, 2022
Expense Ratio
0.74%
Type
US Equities
Fund Owner
AllianzIM
Volume (1m avg. daily)
$68,396
AUM
$9,708,737
Associated Index
SPDR S&P 500 ETF Trust
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

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SPY 10/31/2023 2.86 C
100.04%
—
SPY 10/31/2023 386.17 P
0.21%
—
SPY 10/31/2023 489.48 C
—
—
SPY 10/31/2023 347.59 P
-0.07%
Cash&Other
Cash&Other
-0.18%
Invest with NVBT
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What is NVBT?

The AllianzIM U.S. Large Cap Buffer10 Nov ETF (the Fund) seeks to match the returns of the SPDR S&P 500 ETF Trust up to a stated upside Cap, while providing a Buffer against the first 10% of the SPDR S&P 500 ETF Trust losses for the currently effective Outcome Period from November 1, 2022 to October 31, 2023.

1M
3M
6M
YTD
1Y
3Y
Max
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NVBT
Performance Measures**

for the time period Nov 1, 2022 to Dec 12, 2025

Returns

1M Trailing Return: 0.1%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 2.4%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -12.9%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 10.5%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 1.23

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 1.02

The annualized return divided by the max drawdown for the selected time period.

ETFs related toNVBT

ETFs correlated to NVBT include FSEP, BSEP, GAUG

NVBT
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer10 Nov ETF
FSEP
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF -September
BSEP
Innovator ETFs Trust - Innovator U.S. Equity Buffer ETF - September
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
SPUU
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares
VOO
Vanguard Group, Inc. - Vanguard S&P 500 ETF
BAUG
Innovator ETFs Trust - Innovator U.S. Equity Buffer ETF - August
IVV
BlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF
SPLG
SPDR Series Trust - SPDR Portfolio S&P 500 ETF
SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust
EFIV
SPDR Series Trust - SPDR S&P 500 ESG ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

NVBT is a US Equities ETF. The AllianzIM U.S. Large Cap Buffer10 Nov ETF (the Fund) seeks to match the returns of the SPDR S&P 500 ETF Trust up to a stated upside Cap, while providing a Buffer against the first 10% of the SPDR S&P 500 ETF Trust losses for the currently effective Outcome Period from November 1, 2022 to October 31, 2023.

NVBT tracks the SPDR S&P 500 ETF Trust.

No, NVBT is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, NVBT is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on NVBT is -0.0111%. This is the percent change in the value of NVBT over the most recent 1-month period. The 3-month return on NVBT is -0.0024%. This is the percent change in the value of NVBT over the most recent 3-month period.

ETFs similar to NVBT include DJUL, DAUG, and FAUG.

ETFs correlated to NVBT include FSEP, BSEP, and GAUG.

ETFs that are inversely correlated to NVBT include SDS, SPDN, and SPXS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.