---
ticker: "SEPW"
name: "AllianzIM U.S. Equity Buffer20 Sep ETF"
url: "https://etf.net/etf/SEPW"
grade: "C"
score: 51
graded_at: "2026-10-12"
category: "S&P 500 Buffer 20%"
category_rank: "12 of 24"
methodology: "https://etf.net/methodology"
---

# SEPW: AllianzIM U.S. Equity Buffer20 Sep ETF

Grade **C**, Score 51 of 100. Rank 12 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 | 48 | 11 of 23 |
| Tradability | 73 | 3 of 24 |
| Holdings | 69 | 2 of 12 |
| Durability | 51 | 15 of 24 |

## Top holdings

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

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | 4SPY  270831C00005750 | Spy 08/31/2027 5.75 C | 99.85% |
| 2 | 4SPY  270831P00767130 | Spy 08/31/2027 767.13 P | 4.24% |

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