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JULT

GradeBChicago Board Options Exchange

AllianzIM U.S. Equity Buffer10 Jul ETF

Buffered · AllianzIM · Inception 2020-06-30

$48.95−0.21 (−0.43%)

As of Sep 23, 2026, 2:05 PM EDT

Intraday session: down, 54 prints from 49.16 to 48.95. Range 48.88 to 49.13. Use the arrow keys to read each point.$48.90$49.00$49.1010 AM12 PM2 PM4 PM
Expense ratio
0.74%
Fund size
$59M
1Y return
+12.0%
Yield · Last 12 months
0.00%
Holdings
5
Volume · 30D
0M sh
NAV per share
$49.15
52W range
low $43.05high $49.22

The ETF.net JULT Grade

B

59/ 100

Rank 18 of 77 in S&P 500 Buffer 9-12%⁠

Confidence Medium

Six-pillar profile for JULT. Scores out of 100: Cost 68, Risk 48, Mission not scored, Tradability 52, Holdings 58, Durability 61. Strongest: Cost (68). Weakest: Risk (48). 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 rank22/77 · top 29%

  • 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.
    CScore 48
    Category rank46/73 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 52
    Category rank39/77 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 58
    Category rank22/42 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 61
    Category rank28/77 · top 36%

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

Our read on JULT

ETF.net Research

BA 10% cushion on an S&P 500 tracker, reset every July 1. JULT trades unlimited upside for a defined buffer across each 12-month window, and it has been running that trade since 2020 at a fee below the shallow-buffer norm.

Stated mandate

The Fund seeks to match the SPDR S&P 500 ETF Trust’s share-price returns at the end of the Outcome Period, subject to an upside Cap, while buffering the first 10% of losses in that underlying ETF.

Why people hold it

  1. 01The deal is written down in advance: match the S&P 500 tracker's share-price return to June 30, absorb the first 10% of its losses, and give up upside above a cap.
  2. 020.74% a year prices under the median fund in its shallow-buffer group and under 0.79% July rivals such as BJUL.
  3. 03Live since June 2020, so it has already rolled through multiple full July-to-June outcome periods instead of asking you to trust a fresh launch.
  4. 04Measured against dozens of dated shallow-buffer funds on the same reference, it lands among the stronger implementations in the group.

Worth knowing

  1. 01The cap is what pays for the cushion. Upside is capped, and the new level is struck from option pricing each July 1, so it differs from period to period.
  2. 02Protection stops at 10%: losses beyond that pass through. The reference is share-price return, so tracker dividends are not part of the payoff.
  3. 03Trading is thin next to the largest buffer ETFs, so bid-ask spreads weigh more, and buying mid-period means different terms than the stated cap and buffer.

JULT Holdings

As of Sep 20, 2026, 9:12 AM
Asset class
Stocks
Holdings
5
Top-10 weight
103%
Largest holding
4SPY 270630C0000553099.2%

Sectors

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
0014SPY 270630C00005530SPY 06/30/2027 5.53 C99.23%772$58M1
0024SPY 270630P00746700SPY 06/30/2027 746.70 P3.86%772$2M1
003—Cash&Other0.01%5,900$6K50

Showing 1–3 of 3 holdings

JULT Performance

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

JULT$11,201
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. JULT $11,201. 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 JULT. Periods over one year show the average yearly return.
PeriodJULT
Year to date+9.4%
1 month+0.9%
3 months+3.0%
1 year+12.0%
3 years+16.5%per year
5 years+11.8%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 JULT
YearReturn barJULT
2026 YTD+9.4%
2025+13.7%
2024+17.4%
2023+21.3%
2022−5.6%
2021+9.6%
2020+15.0%

History from Jul 1, 2020

JULT in the news

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

JULT 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 $1.03. Use the arrow keys to read each point.2020
Ex-datePay dateAmount per share
Dec 15, 2020Dec 17, 2020$1.03

JULT Risk

How much the fund’s monthly returns vary, scaled to a year.
8.4%
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.
1.20
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.
−13.6%
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.
0.62
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.

JULT 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.

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