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Launched

AllianzIM U.S. Equity Buffer20 Jul ETF

JULWCboeAllianzIMC

$41.30−0.12 (−0.28%)

At close: Nov 2, 2026, 4:00 PM ET

C51/ 100

Rank 12 of 24 in S&P 500 Buffer 20%

C51/100Rank 12 of 24inS&P 500 Buffer 20%
Intraday session: down, 79 prints from 41.42 to 41.30. Range 41.30 to 41.63. Use the arrow keys to read each point.41.3541.5041.5541.6010 AM12 PM2 PM4 PM
Expense ratio
0.74%
Fund size
$254M
1Y total return
+7.0%
Yield · Last 12 months
0.00%
Holdings
2
Avg volume · 30D
23.6K sh
52W range
low $38.14high $41.91
Launched

The ETF.net JULW Grade

Based on 5 of 6 pillars

C

Score 51 out of 100

Category
S&P 500 Buffer 20%⁠
Rank
12 of 24
Six-pillar profile for JULW. Scores out of 100: Cost 37, Risk 49, Mission not scored, Tradability 67, Holdings 63, Durability 77. Strongest: Durability (77). Weakest: Cost (37). Based on 5 of 6 pillars.

Score 51 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    D37 out of 100
    Rank 10 of 24

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C49 out of 100
    Rank 10 of 23

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B67 out of 100
    Rank 5 of 24

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B63 out of 100
    Rank 5 of 13

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A77 out of 100
    Rank 3 of 24

Our read on JULW

ETF.net Research

In short

CJULW has held the July slot in AllianzIM's monthly buffer ladder since 2020: it aims to absorb the first 20% of S&P 500 price index losses over each 12-month outcome period, with upside capped in exchange.

Stated mandate

The Fund pursues a buffered outcome strategy intended to match the returns of the S&P 500 Price Return Index. It seeks to protect the first 20% of index losses during the outcome period, while gains are limited by a cap.

Why people hold it

  • Sits at the deep end of the buffer scale. The fund aims to absorb the first 20% of S&P 500 price index losses across a 12-month outcome period.allianzim.com
  • One slot in a 12-month ladder, so the July start date is a choice, not an inheritance. JULW has run that slot since its 2020 launch.allianzim.com
  • The 0.74% fee lands right at the median for 20% buffer funds on the S&P 500, not a premium for the insurer's name on the door.
  • Among the sturdier builds in its deep-buffer peer group, with no structural quirks flagged in our review.

Worth knowing

  • Buffer and cap are measured start to finish of each July outcome period. Buy mid-period and you get whatever cushion and upside room is left, not the headline 20%.
  • The reference is the S&P 500 price index, so index dividends sit outside the math, and the fund is not built to pay income.
  • Cheaper ways to buy a 20% buffer exist: PBFR at 0.50% and PSFJ at 0.49%, against 0.74% here.

JULW Performance

Launched Jun 30, 2020

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

Not enough history yet.
JULW$10,698
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,146
Oct 31, 2025 to Nov 2, 2026. JULW $10,698. SPY $11,146. Use the arrow keys to read each point.$10,000$11,000Oct 2025May 2026Nov 2026

Oct 31, 2025 – Nov 2, 2026

Returns run to the Nov 2, 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 JULW. Periods over one year show the average yearly return.
PeriodJULW
Year to date+5.6%
1 month−0.8%
3 months+0.9%
1 year+7.0%
3 yearsper year+11.8%
5 yearsper year+8.9%
10 yearsFund is under 10 years oldper yearNo data

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 JULW
YearReturn barJULW
2026 YTD+5.6%
2025+11.6%
2024+12.4%
2023+16.1%
2022−1.1%
2021+4.6%
2020+9.3%

History from Jul 1, 2020

JULW in the news

JULW 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 Nov 2, 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 $0.58. Use the arrow keys to read each point.2020
Ex-datePay dateAmount per share
Dec 15, 2020Dec 17, 2020$0.58

JULW Risk

Risk pillarC49 out of 100Rank 10 of 23 in S&P 500 Buffer 20%
How much the fund’s monthly returns vary, scaled to a year.
5.4%
Annualised · 36 months to Oct 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.
1.41
vs 3-month T-bills · to Oct 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.
−9.5%
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.
0.38
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.

FMP measures it over up to five years of monthly returns.

JULW Cost

Compare JULW and PSFD

Overpaying vs PSFD, tied cheapest in S&P 500 Buffer 20%

$4,515

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • JULW 0.74%

    $14,307

  • PSFD 0.49% Tied cheapest

    $9,792

$10,000
30 years

Cost over time

  • JULW 0.74%
  • PSFD 0.49%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530JULW $14,307PSFD $9,792

Year by year

YearJULWPSFDOverpaying
10$1,319$883$436
20$5,015$3,394$1,621
30$14,307$9,792$4,515

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