Snapshot*
Top 10 Holdings
What is NVBW?
The AllianzIM U.S. Large Cap Buffer20 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 20% of the SPDR S&P 500 ETF Trust losses for the currently effective Outcome Period from November 1, 2022 to October 31, 2023.
ETFs related toNVBW
ETFs correlated to NVBW include SPUU, XVV, DOCT
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.
Automated Strategies
Related toNVBW
Hedgefundies Refined: Leveraged Stocks and Bonds with a Hedge
Category
Balance Risk Not Assets, Lever Up, Composer's Picks, Leverage: High Risk, High Reward
Risk Rating
Aggressive
Lever Up S&P with a Bond Hedge
Category
Paired Switching, Tactical Asset Allocation, Lever Up, Composer's Picks, Leverage: High Risk, High Reward
Risk Rating
Aggressive
Create your own algorithmic trading strategy with NVBW using Composer
News Related to NVBW
'Trump speaks with Netanyahu after crucial meeting on Israel-Iran war'- Axios
Jun 17, 2025 • by Benzinga Newsdesk'Senate passes GENIUS Act despite crypto corruption concerns'- Axios
Jun 17, 2025 • by Benzinga Newsdesk'Trump Sparing TikTok From Ban With Another Deadline Extension'- WSJ
Jun 17, 2025 • by Benzinga Newsdesk'Homeland Security Secretary Kristi Noem transported by ambulance to DC-area hospital, sources say'- CNN
Jun 17, 2025 • by Benzinga NewsdeskFAQ
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.