NVBT ETF — AllianzIM U.S. Large Cap Buffer10 Nov ETF

AllianzIM U.S. Large Cap Buffer10 Nov ETF (NVBT)

Updated October 16, 2026.

NVBT is an ETF. its expense ratio is 0.74%. Total return is 62.7% over the past 4 years, 46.4 points behind SPY at 109.1%.

AllianzIM U.S. Large Cap Buffer10 Nov is an ETF that implements a buffered strategy designed to track the returns of the S&P 500 over rolling one-year periods (November through October), while capping upside gains and protecting against the first 10% of losses in the underlying index. The fund does not currently distribute income and carries an expense ratio of 0.74%. This ETF is designed for investors seeking downside protection with moderate upside participation rather than traditional dividend income.

NVBT performance versus SPY

Price and return data through 2026-10-16.

Total return is 62.7% over the past 4 years, 46.4 points behind SPY at 109.1%. Over the past year its total return — price change plus distributions reinvested — is 12.9%. Its deepest 1-year drawdown was 6.2%.

NVBT key facts

Issuer

AllianzIM

Asset type

ETF

Asset class

Equity

Inception date

10/31/2022

Expense ratio

0.74%

Distribution frequency

None

Last close

$40.69 (as of 2026-10-16)

AUM

$30,010,200

Average volume

3448.0

Beta

0.6

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: AllianzIM; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

NVBT risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 6.2%.

Who may consider NVBT — and who may not

It is a weaker fit for investors who need monthly cash flow (NVBT does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on NVBT

• All tickers starting with N

Tagged: Downside Protection, Options, Target, Large Cap.

Frequently asked questions

More securities from AllianzIM.