AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF (NVBU) Performance
NVBU total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +6.9% since Dec 31, 2025
- 1 year
- +8.6% total return
- Since first price
- +23.1% since 2024
NVBU trailing returns vs SPY, QQQ, AGG
| Period | NVBU total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.3% | −1.3% | −1.0% | −5.0% | +0.9% |
| 3 months | +1.6% | +1.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +4.3% | +4.3% | +7.8% | +8.4% | −1.5% |
| YTD | +6.9% | +6.9% | +12.3% | +15.1% | −1.0% |
| 1 year | +8.6% | +8.6% | +14.4% | +15.9% | −1.1% |
| Since inceptionNov 1, 2024 | +23.1% | +23.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: NVBU vs SPY
From Nov 1, 2024: NVBU grew to $12,314, SPY to $13,616.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
NVBU returns by calendar year
1 of 1 full years positive. Best 2025 (+13.3%), worst 2025 (+13.3%). 2026 is year to date.
NVBU annual returns table
| Year | NVBU | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +6.9% | −5.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +13.3% | −12.0% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
NVBU largest drawdowns
Now 2.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 19, 2025 | −12.0% | Apr 8, 2025 | Jun 30, 2025 | 48 days | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
NVBU risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +10.0% |
| Volatility (annualized) | 8.7% |
| Sharpe ratio | 0.70 |
| Sortino ratio | 1.27 |
| Best month | +6.5% |
| Worst month | −3.9% |
| Best 12 months | +21.6% |
| Worst 12 months | +10.1% |
| Positive months | 55% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
NVBU rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 12 | +6.8% | +13.4% | +21.6% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
NVBU performance overview
AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF (NVBU) returned +8.6% over the past year, with distributions reinvested. Since its first recorded price on Nov 1, 2024 it has returned +23.1%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −12.0%, from Feb 19, 2025 to Apr 8, 2025, and it took 3 months to get back to the old high. Volatility has been 8.7% a year.
Related: NVBU chart. See the NVBU overview for the latest quote and fund facts.
NVBU performance FAQ
What is the NVBU return over the past year?
NVBU returned +8.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 8.6%.
How much would $10,000 invested in NVBU be worth?
$10,000 invested in NVBU at its first recorded close on November 1, 2024 would be worth about $12,314 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of NVBU?
The largest peak-to-trough decline was −12.0% between February 19, 2025 and April 8, 2025. It recovered to the old high on June 30, 2025, 3 months after the bottom.
How volatile is NVBU?
Over the past history NVBU had an annualized volatility of 8.7% and a Sharpe ratio of 0.70 (excess return over 1–3 month T-bills per unit of risk).