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APRT

GradeBChicago Board Options Exchange

AllianzIM U.S. Equity Buffer10 Apr ETF

Buffered · AllianzIM · Inception 2020-05-28

$47.04−0.08 (−0.17%)

As of Sep 23, 2026, 3:03 PM EDT

Intraday session: down, 46 prints from 47.12 to 47.04. Range 47.01 to 47.11. Use the arrow keys to read each point.$47.00$47.08$47.1210 AM12 PM2 PM4 PM
Expense ratio
0.74%
Fund size
$47M
1Y return
+16.0%
Yield · Last 12 months
0.00%
Holdings
5
Volume · 30D
0M sh
NAV per share
$47.12
52W range
low $40.38high $47.12

The ETF.net APRT Grade

B

59/ 100

Rank 15 of 77 in S&P 500 Buffer 9-12%⁠

Confidence Medium

Six-pillar profile for APRT. Scores out of 100: Cost 68, Risk 67, Mission not scored, Tradability 48, Holdings 47, Durability 48. Strongest: Cost (68). Weakest: Holdings (47). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 59 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 68
    Category rank17/77 · top 22%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 67
    Category rank12/73 · top 16%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 48
    Category rank42/77 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 47
    Category rank37/42 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 48
    Category rank41/77 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on APRT

ETF.net Research

BA 10% cushion on the S&P 500's price return, reset every April 1. APRT uses FLEX options to absorb the first slice of a decline across its 12-month period, and charges less than the typical buffer fund to do it.

Stated mandate

The Fund seeks to provide shareholders holding for the full Outcome Period with protection against the first 10% of losses in the S&P 500 Price Index. It pursues this strategy primarily through FLEX Options referencing that index.

Why people hold it

  1. 01The contract is plain: FLEX options on the S&P 500 Price Index, structured to absorb the first 10% of losses over the April 1 to March 31 outcome period.
  2. 02A 0.74% fee undercuts the median in its shallow-buffer peer group, unusual in a corner of the market where the options plumbing normally costs more.
  3. 03Running since 2020, so it has cycled through multiple complete buffer periods, including live equity drawdowns, rather than arriving as an untested launch.
  4. 04Sits in the top quartile of its shallow-buffer cohort, one of the stronger builds among 9% to 12% S&P 500 buffer funds.

Worth knowing

  1. 01The reference is the S&P 500 Price Index, so dividends sit outside the math entirely. Both the buffer and the cap track price moves only.
  2. 02The stated terms apply to holders across the full April-to-March period. Buy mid-period and your actual cushion and remaining upside differ from the headline.
  3. 03A small fund that trades thinly, so spreads can run wider than the largest buffer names. It has also made no distributions over the past year.

APRT Holdings

As of Sep 20, 2026, 9:12 AM
Asset class
Stocks
Holdings
5
Top-10 weight
107%
Largest holding
4SPY 270331C00004810105.3%

Sectors

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
0014SPY 270331C00004810SPY 03/31/2027 4.81 C105.32%656$49M1
0024SPY 270331P00650270SPY 03/31/2027 650.27 P1.18%656$553K1

Showing 1–2 of 2 holdings

APRT Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

APRT$11,603
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. APRT $11,603. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for APRT. Periods over one year show the average yearly return.
PeriodAPRT
Year to date+13.1%
1 month+0.9%
3 months+3.0%
1 year+16.0%
3 years+15.0%per year
5 years+10.8%per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for APRT
YearReturn barAPRT
2026 YTD+13.1%
2025+8.0%
2024+15.1%
2023+22.1%
2022−6.4%
2021+11.9%
2020+13.6%

History from Jun 4, 2020

APRT in the news

ETF.net Research hasn’t filed on APRT yet — coverage lands here as it’s written.

APRT Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
0.00%Last 12 months
Payout per share
NoneLast 12 months

No distributions in the last 12 months.

Distribution history

Payments through 2020

One bar per payment. 1 payment in 2020. Dec 15, 2020 $1.22. Use the arrow keys to read each point.2020
Ex-datePay dateAmount per share
Dec 15, 2020Dec 17, 2020$1.22

APRT Risk

How much the fund’s monthly returns vary, scaled to a year.
8.0%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.09
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−15.0%
Trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.60
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

APRT Cost

Expense ratio0.74%
  • The middle half of S&P 500 Buffer 9-12% funds
  • Median 0.79%

16 of the 77 S&P 500 Buffer 9-12% funds charge less.

APRT costs $74.00 a year on $10,000. The median S&P 500 Buffer 9-12% fund costs $79.00.