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Launched

AllianzIM U.S. Equity Buffer10 Mar ETF

MARTCboeAllianzIMC

$42.79−0.13 (−0.31%)

As of Nov 2, 2026, 3:58 PM ET

C55/ 100

Rank 27 of 77 in S&P 500 Buffer 9-12%

C55/100Rank 27 of 77inS&P 500 Buffer 9-12%
Intraday session: down, 78 prints from 42.92 to 42.79. Range 42.79 to 43.20. Use the arrow keys to read each point.43.0043.1043.2010 AM12 PM2 PM4 PM
Expense ratio
0.74%
Fund size
$29M
1Y total return
+12.8%
Yield · Last 12 months
No data
Holdings
2
Avg volume · 30D
956 sh
52W range
low $37.33high $43.49
Launched

The ETF.net MART Grade

Based on 5 of 6 pillars

C

Score 55 out of 100

Category
S&P 500 Buffer 9-12%⁠
Rank
27 of 77
Six-pillar profile for MART. Scores out of 100: Cost 68, Risk 71, Mission not scored, Tradability 31, Holdings 45, Durability 27. Strongest: Risk (71). Weakest: Durability (27). Based on 5 of 6 pillars.

Score 55 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25. The letter stays C for now. A new letter must hold for 3 published runs before it replaces it.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B68 out of 100
    Rank 17 of 77

  • 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.
    A71 out of 100
    Rank 11 of 77

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D31 out of 100
    Rank 60 of 77

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C45 out of 100
    Rank 44 of 45

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D27 out of 100
    Rank 70 of 77

Our read on MART

ETF.net Research

In short

CA March-reset buffer fund: it absorbs the first 10% of a year's drop in an S&P 500 ETF and caps the upside for that stretch in exchange. Standard recipe for the category, priced a shade under the typical rival.

Stated mandate

The Fund seeks to provide downside-loss protection covering the first 10% of losses on its Underlying ETF, before fees and expenses.

Why people hold it

  • The contract is legible: over each one-year period starting in March, the first 10% of the S&P 500 ETF's losses are absorbed before fees and expenses, with upside capped at a level set that March.
  • A 0.74% fee undercuts the typical S&P 500 buffer fund, which matters in a wrapper where the cushion is measured before fees and expenses.
  • No exotic reference: the fund tracks outcomes against the SPDR S&P 500 ETF Trust, and the combination of plain benchmark and low fee puts it in the upper half of a crowded buffer cohort.

Worth knowing

  • Small asset base, light volume. Spreads can widen, so limit orders and a glance at intraday value matter more here than with a mega-cap index fund.
  • Buy mid-period and you inherit whatever buffer and cap are left, not the headline 10%. The design lines up cleanly only from one March reset to the next.
  • Income isn't part of the package; returns show up in price. Cheaper buffer builds exist in the same cohort, like PSFF at 0.10% and BUFP at 0.50%.

MART Performance

Launched Feb 28, 2023

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.Not enough history yet.
MART$11,277
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. MART $11,277. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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 MART. Periods over one year show the average yearly return.
PeriodMART
Year to date+10.8%
1 month−0.1%
3 months+1.7%
1 year+12.8%
3 yearsper year+17.6%
5 yearsFund is under 5 years oldper yearNo data
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 MART
YearReturn barMART
2026 YTD+10.8%
2025+14.9%
2024+15.6%
2023+16.9%

History from Mar 1, 2023

MART in the news

MART Dividends

This fund pays no distributions.
No dataLast 12 months
Payout per share
No dataLast 12 months

No distributions in the last 12 months.

MART Risk

Risk pillarA71 out of 100Rank 11 of 77 in S&P 500 Buffer 9-12%
How much the fund’s monthly returns vary, scaled to a year.
7.5%
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.
1.61
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.
−11.6%
43 months · 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.

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

MART Cost

Compare MART and XTR

Overpaying vs XTR, cheapest in S&P 500 Buffer 9-12%

$9,148

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

  • MART 0.74%

    $14,307

  • XTR 0.25% Cheapest

    $5,159

$10,000
30 years

Cost over time

  • MART 0.74%
  • XTR 0.25%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530MART $14,307XTR $5,159

Year by year

YearMARTXTROverpaying
10$1,319$455$864
20$5,015$1,769$3,246
30$14,307$5,159$9,148

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