---
ticker: "APRW"
name: "AllianzIM U.S. Equity Buffer20 Apr ETF"
url: "https://etf.net/etf/APRW"
grade: "C"
score: 52
graded_at: "2026-10-12"
category: "S&P 500 Buffer 20%"
category_rank: "10 of 24"
methodology: "https://etf.net/methodology"
---

# APRW: AllianzIM U.S. Equity Buffer20 Apr ETF

Grade **C**, Score 52 of 100. Rank 10 of 24 in S&P 500 Buffer 20%.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 37 | 10 of 24 |
| Mission | Not scored | — |
| Risk | 63 | 5 of 23 |
| Tradability | 70 | 5 of 24 |
| Holdings | 48 | 12 of 12 |
| Durability | 68 | 5 of 24 |

## Top holdings

The fund holds 2 positions. These are the largest 2, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | 4SPY  270331C00004880 | Spy 03/31/2027 4.88 C | 110.49% |
| 2 | 4SPY  270331P00650410 | Spy 03/31/2027 650.41 P | 0.90% |

Source: etf.net, https://etf.net/etf/APRW. Please cite the page URL.