DECW vs TFGZ

Comparison between ALLIANZIM U.S. EQUITY BUFFER20 DEC ETF (DECW, ETF) and THORNBURG FOCUS GROWTH FUND ETF CLASS (TFGZ, ETF).

DECW vs TFGZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DECW(ETF)	TFGZ(ETF)
Net Assets	$227M	$227M
Expense Ratio	0.74%	0.79%
Max Drawdown	8.76%	7.53%
Sharpe Ratio	1.42	2.24
5Y Beta	0.40	1.28
P/E Ratio	N/A	37.95
Forward P/E	N/A	24.00
5Y EPS CAGR	N/A	22.52%
Debt to Equity	N/A	58.00%
P/S Ratio	N/A	6.09
P/B Ratio	N/A	7.47

Net Assets

DECW

$227M

Winner

TFGZ

$227M

Expense Ratio

Winner

DECW

0.74%

TFGZ

0.79%

Max Drawdown

DECW

8.76%

Winner

TFGZ

7.53%

Sharpe Ratio

DECW

1.42

Winner

TFGZ

2.24

5Y Beta

Winner

DECW

0.40

TFGZ

1.28

P/E Ratio

DECW

N/A

TFGZ

37.95

Forward P/E

DECW

N/A

TFGZ

24.00

5Y EPS CAGR

DECW

N/A

TFGZ

22.52%

Debt to Equity

DECW

N/A

TFGZ

58.00%

P/S Ratio

DECW

N/A

TFGZ

6.09

P/B Ratio

DECW

N/A

TFGZ

7.47

DECW vs TFGZ - Historical Returns

Returns include dividend reinvestment.

Period	DECW	TFGZ
1 month	+1.74%	+6.12%
3 months	+2.21%	+3.36%
6 months	+5.96%	N/A
1 year	+12.11%	N/A
Max(CAGR)	+10.75%	+57.52%

DECW

+1.74%

Winner

TFGZ

+6.12%

DECW

+2.21%

Winner

TFGZ

+3.36%

DECW

+5.96%

TFGZ

N/A

DECW

+12.11%

TFGZ

N/A

Max(CAGR)

DECW

+10.75%

Winner

TFGZ

+57.52%

DECW vs TFGZ - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	DECW	TFGZ
2026	+6.83%	+19.92%
2025	+11.86%	N/A
2024	+8.98%	N/A
2023	+16.30%	N/A
2022	-2.77%	N/A

DECW vs TFGZ Drawdown Comparison

The maximum drawdown for DECW was -8.76%, occurring on Apr 8, 2025. Recovery took 86 trading sessions.

The maximum drawdown for TFGZ was -7.53%, occurring on Jul 29, 2026. Recovery took 18 trading sessions.

The current DECW drawdown is -0.10%. The current TFGZ drawdown is -4.08%.

Rank	DECW	TFGZ
#1	-8.76% Feb 19, 2025 - Jun 24, 2025	-7.53% Jul 9, 2026 - Aug 4, 2026
#2	-7.15% Jul 31, 2023 - Nov 16, 2023	-5.24% Jun 2, 2026 - Jul 6, 2026
#3	-3.86% Jan 28, 2026 - Apr 14, 2026	-4.43% Aug 13, 2026 - Aug 24, 2026
#4	-3.78% Feb 7, 2023 - Apr 3, 2023	-3.75% May 11, 2026 - May 26, 2026
#5	-3.36% Dec 1, 2022 - Jan 23, 2023	-2.14% Apr 22, 2026 - May 1, 2026
#6	-2.26% Jul 16, 2024 - Aug 14, 2024	-1.50% Jul 6, 2026 - Jul 9, 2026
#7	-1.94% Nov 11, 2025 - Nov 24, 2025	-0.87% Aug 4, 2026 - Aug 7, 2026
#8	-1.73% Dec 4, 2024 - Jan 21, 2025	-0.54% Aug 7, 2026 - Aug 12, 2026
#9	-1.40% Mar 27, 2024 - May 6, 2024	-0.53% Apr 20, 2026 - Apr 22, 2026
#10	-1.35% Jun 2, 2026 - Jun 15, 2026	-0.47% Apr 8, 2026 - Apr 13, 2026
#11	-1.29% Apr 28, 2023 - May 18, 2023	-0.16% May 26, 2026 - May 28, 2026
#12	-1.28% Oct 8, 2025 - Oct 20, 2025	-0.14% May 6, 2026 - May 8, 2026
#13	-1.22% Jul 30, 2025 - Aug 8, 2025	N/A
#14	-1.21% Apr 13, 2023 - Apr 28, 2023	N/A
#15	-1.20% May 18, 2023 - May 26, 2023	N/A