Summary
NVBW
Prices · period metrics · 12M
NAV as of 20/07/2026
02/04/2025 → 02/04/2026
Return 9.83% Volatility 8.35% Sharpe 0.62
Official loaded data — not a live quote.

ALLIANZIM U.S. EQUITY BUFFER20 NOV ETF

Symbol: NVBW

Exchange: BATS

Sector: Technology

Category: Defined Outcome

Inception date: 31/10/2022

Latest date: 20/07/2026

Current price: $35.66

Expense ratio: 0.74%

Assets under management
$95.3M
-0.15% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
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Performance metrics

Period total return

0.36%

Ann. -17.36% (Sharpe / Sortino numerator)

Volatility

8.90%

Sharpe ratio

-2.358

VaR 95%

-0.83%

CVaR 95%: -0.84%
Max drawdown: -3.47%
Sortino ratio: -4.503
Calmar ratio: -4.99

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

2.92%

Ann. -4.71% (Sharpe / Sortino numerator)

Volatility

7.16%

Sharpe ratio

-1.164

VaR 95%

-0.75%

CVaR 95%: -0.87%
Max drawdown: -4.03%
Sortino ratio: -1.763
Calmar ratio: -1.17

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

5.72%

Ann. 0.81% (Sharpe / Sortino numerator)

Volatility

5.95%

Sharpe ratio

-0.475

VaR 95%

-0.69%

CVaR 95%: -0.80%
Max drawdown: -4.03%
Sortino ratio: -0.666
Calmar ratio: 0.20

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

9.83%

Ann. 8.78% (Sharpe / Sortino numerator)

Volatility

8.35%

Sharpe ratio

0.616

VaR 95%

-0.69%

CVaR 95%: -1.21%
Max drawdown: -4.03%
Sortino ratio: 0.715
Calmar ratio: 2.18

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

19.29%

Ann. 7.03% (Sharpe / Sortino numerator)

Volatility

6.66%

Sharpe ratio

0.511

VaR 95%

-0.61%

CVaR 95%: -1.01%
Max drawdown: -8.41%
Sortino ratio: 0.565
Calmar ratio: 0.84

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

26.84%

Ann. 8.26% (Sharpe / Sortino numerator)

Volatility

6.54%

Sharpe ratio

0.707

VaR 95%

-0.61%

CVaR 95%: -1.01%
Max drawdown: -8.41%
Sortino ratio: 0.802
Calmar ratio: 0.98

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 21/07/2025 - 20/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.038%

Best day

1.371%

31/03/2026
Worst day

-1.033%

20/01/2026
Days with data

250

Recent price history (last 90 days)

Date Open High Low Close Volume
20/07/2026 $35.72 $35.72 $35.66 $35.66 1,600
17/07/2026 $35.67 $35.67 $35.67 $35.67 100
16/07/2026 $35.78 $35.78 $35.78 $35.78 100
15/07/2026 $35.83 $35.83 $35.83 $35.83 100
14/07/2026 $35.80 $35.80 $35.80 $35.80 100
13/07/2026 $35.75 $35.75 $35.73 $35.73 1,500
10/07/2026 $35.82 $35.82 $35.82 $35.82 100
09/07/2026 $35.71 $35.76 $35.71 $35.75 1,000
08/07/2026 $35.62 $35.65 $35.53 $35.65 800
07/07/2026 $35.62 $35.70 $35.62 $35.68 3,700