Skip to content
etf.net

AUGP vs NVBT

PGIM S&P 500 Buffer 12 ETF - August

AUGPBCboe

AllianzIM U.S. Equity Buffer10 Nov ETF

NVBTCCboe

Overlap

Expense ratio

AUGP −0.24pt a year

AUGP0.50%NVBT0.74%

Avg volume · 30D

AUGP 3.3×the volume

AUGP7.35KNVBT2.2K

AUGP vs NVBT Performance

Oct 31, 2025 – Oct 30, 2026

+10.3%AUGP+10.1%NVBT

Oct 31, 2025 to Oct 30, 2026. AUGP +10.3%. NVBT +10.1%. Use the arrow keys to read each point.−5%0%5%Oct 2025Apr 2026Oct 2026
Expense ratio
AUGP 0.50%, better
NVBT 0.74%
Fund size
AUGP $38M
NVBT $29M
1Y total return
AUGP +10.3%, better
NVBT +10.1%
Holdings
AUGP 4
NVBT 2
Avg volume (30D)
AUGP 7.35K sh, better
NVBT 2.2K sh
NAV per share
AUGP $34.23
NVBT $40.99
52W range

ETF.net Grade

AUGP: Cost 91, Risk 72, Mission not scored, Tradability 24, Holdings not scored, Durability 38. NVBT: Cost 68, Risk 49, Mission 82, Tradability 33, Holdings 49, Durability 28.
Pillar letters and Scores for AUGP, NVBT, with each pillar’s weight
PillarAUGPNVBT
Cost30% weightA91HigherB68
Mission25% weightNot scoredA82
Risk15% weightA72HigherC49
Tradability15% weightF24D33Higher
Holdings10% weightNot scoredC49
Durability5% weightD38HigherD28

Rank among S&P 500 Buffer 9-12% funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. AUGP and NVBT are both graded against the same 77 S&P 500 Buffer 9-12% funds, so their Grades compare head to head.

S&P 500 Buffer 9-12%⁠

Category · 77 funds
See all 77 ›

AUGP ranks 2nd and NVBT 34th of 77 funds in the S&P 500 Buffer 9-12% Category.

  1. Rank 1AZALTInnovator U.S. Equity 10 Buffer ETF - QuarterlyScore 77
  2. Rank 2BAUGPPGIM S&P 500 Buffer 12 ETF - AugustScore 67
  3. Rank 3BTENJiShares Large Cap 10% Target Buffer Jun ETFScore 66
  4. Rank 34CBMARInnovator U.S. Equity Buffer ETFScore 52
  5. Rank 34CNVBTAllianzIM U.S. Equity Buffer10 Nov ETFScore 52
  6. Rank 37CBAUGInnovator U.S. Equity Buffer ETFScore 51

Our read on each fund

ETF.net Research

AUGPBPGIM S&P 500 Buffer 12 ETF - August

NVBTCAllianzIM U.S. Equity Buffer10 Nov ETF

In short

AUGP No data

NVBT A one-year hedge that starts its clock on November 1. NVBT absorbs the first 10% of an S&P 500 price decline over each outcome period, and in exchange your upside stops at a cap reset every November.

Stated mandate

AUGP No data

NVBT The actively managed ETF is designed to provide S&P 500-linked returns over a defined Outcome Period, subject to an upside cap and protection against the first 10% of index losses.

Why people hold it

AUGP No data

  • NVBT The deal is written down before you take it: the first 10% of S&P 500 price losses in each outcome period are absorbed by the fund's options, with a cap set the same day.
  • At 0.74%, it runs below the median fee for shallow-buffer S&P 500 funds, and matches AllianzIM's own November-, January- and April-start siblings JANT and APRT.
  • AllianzIM runs the calendar, not just one month: twelve-month starts plus six-month Buffer10 pairs like SIXZ, so November is one rung on a ladder rather than a lone bet.
  • Actively managed and self-rolling since its 2022 launch: the options book is rebuilt each November instead of leaving you to reset a collar yourself.

Worth knowing

AUGP No data

  • NVBT The reference is the S&P 500 Price Index, so dividends sit outside the buffer-and-cap math entirely. The fund has paid no distributions.
  • Buffer and cap describe a full outcome period, November 1 to October 31. Buy midstream and your own protection and headroom differ from the headline terms.
  • One of the smaller, more thinly traded funds in a crowded buffer field, so spreads can run wider than at the giants. Limit orders do more work here.

Full AUGP profile⁠

Full NVBT profile⁠

AUGP vs NVBT Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

AUGP vs NVBT Cost

Overpaying NVBT vs AUGP

$4,328

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • AUGP 0.50%

    $9,979

  • NVBT 0.74%

    $14,307

$10,000
30 years

Cost over time

  • AUGP 0.50%
  • NVBT 0.74%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530NVBT $14,307AUGP $9,979

Year by year

YearAUGPNVBTOverpaying
10$900$1,319$419
20$3,460$5,015$1,555
30$9,979$14,307$4,328

Expense ratio

  • 0.50%AUGP, cheaper
  • 0.74%NVBT
  • Middle half of S&P 500 Buffer 9-12% funds
  • Median 0.79%

AUGP 5th cheapest of 77 funds

NVBT 17th cheapest of 77 funds

AUGP vs NVBT Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
AUGP None
NVBT None

Distribution history

AUGPAll AUGP payments⁠

No distribution history available.

NVBTAll NVBT payments⁠

No distribution history available.

AUGP vs NVBT Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AUGP 6.2%since Jun 2024NVBT 7.5%
Return per unit of riskSharpe ratio, 3 years
AUGP 1.31since Jun 2024NVBT 1.25
Worst fallMax drawdown, 5 years
AUGP −11.1%since May 2024NVBT −12.9%since Nov 2022
Market sensitivityBeta, 5 years
AUGP 0.53NVBT 0.65

AUGP and NVBT in the news

All news⁠

Popular comparisons

  • AUGPBvsZALTA

    PGIM S&P 500 Buffer 12 ETF - August · Innovator U.S. Equity 10 Buffer ETF - Quarterly

    Expense ratio
    0.50% · 0.69%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • NVBTCvsZALTA

    AllianzIM U.S. Equity Buffer10 Nov ETF · Innovator U.S. Equity 10 Buffer ETF - Quarterly

    Expense ratio
    0.74% · 0.69%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • AUGPBvsTENJB

    PGIM S&P 500 Buffer 12 ETF - August · iShares Large Cap 10% Target Buffer Jun ETF

    Expense ratio
    0.50% · 0.53%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • NVBTCvsTENJB

    AllianzIM U.S. Equity Buffer10 Nov ETF · iShares Large Cap 10% Target Buffer Jun ETF

    Expense ratio
    0.74% · 0.53%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • AUGPBvsSIXJB

    PGIM S&P 500 Buffer 12 ETF - August · AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF

    Expense ratio
    0.50% · 0.74%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • NVBTCvsSIXJB

    AllianzIM U.S. Equity Buffer10 Nov ETF · AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF

    Expense ratio
    0.74% · 0.74%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.