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SIXO

GradeBChicago Board Options Exchange

AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF

Buffered · AllianzIM · Inception 2021-09-30 · SEC filings

$36.54−0.02 (−0.06%)

As of Sep 23, 2026, 3:10 PM EDT

History starts Oct 1, 2021.
Intraday session: down, 24 prints from 36.56 to 36.54. Range 36.54 to 36.59. Use the arrow keys to read each point.$36.56$36.5810 AM12 PM2 PM4 PM
Expense ratio
0.74%
Fund size
$119M
1Y return
+7.9%
Yield · Last 12 months
—
Holdings
5
Volume · 30D
0.1M sh
NAV per share
$36.56
52W range
low $33.56high $36.58

The ETF.net SIXO Grade

B

65/ 100

Rank 7 of 77 in S&P 500 Buffer 9-12%⁠

Confidence Medium

Six-pillar profile for SIXO. Scores out of 100: Cost 68, Risk 48, Mission not scored, Tradability 94, Holdings 46, Durability 48. Strongest: Tradability (94). Weakest: Holdings (46). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 65 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 rank31/77 · top 40%

  • 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 rank47/73 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 94
    Category rank2/77 · top 3%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 46
    Category rank38/42 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 48
    Category rank42/77 · mid-pack

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

Our read on SIXO

ETF.net Research

BMost buffer ETFs lock you into a 12-month wait. SIXO runs on six-month outcome periods, April and October, absorbing the first 10% of a drop in the S&P 500 ETF's price in exchange for a cap that resets twice as often.

Stated mandate

The Fund seeks to match the SPDR S&P 500 ETF Trust’s share-price return at the end of each six-month Outcome Period, subject to an upside Cap and a first-10% downside loss buffer. It invests substantially all assets in FLEX Options referencing that ETF.

Why people hold it

  1. 01Six-month outcome periods, April and October, so the 10% buffer and the upside cap re-set twice a year instead of once.
  2. 020.74% expense ratio, below the typical fee in the shallow-buffer peer group.
  3. 03AllianzIM runs the same 10% six-month buffer on other start months (SIXJ, SIXD, SIXZ), so entry dates can be laddered across the calendar.
  4. 04Live since 2021 and holding substantially all assets in FLEX options on the SPDR S&P 500 ETF Trust: a plain, single-reference build with no stock-picking layer.

Worth knowing

  1. 01The cap is set fresh at each period start from prevailing option prices, so the ceiling on upside is a number you learn at the reset, not in advance.
  2. 02Terms track the reference ETF's share-price return, so dividends sit outside the deal, and the fund itself has not been making distributions.
  3. 03Buffer and cap are measured across a full six-month period. Buy mid-period and the protection and upside left differ from the headline terms.

SIXO Holdings

As of Sep 20, 2026, 9:12 AM
Asset class
Stocks
Holdings
5
Top-10 weight
108%
Largest holding
4SPY 260930C00004810107.6%

Sectors

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
0014SPY 260930C00004810SPY 09/30/2026 4.81 C107.58%1,690$128M1
002—Cash&Other0.25%296,889$297K50
0034SPY 260930P00650270SPY 09/30/2026 650.27 P0.02%1,690$20K1

Showing 1–3 of 3 holdings

SIXO Performance

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

SIXO$10,793
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. SIXO $10,793. 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 SIXO. Periods over one year show the average yearly return.
PeriodSIXO
Year to date+5.3%
1 month+0.6%
3 months+2.1%
1 year+7.9%
3 years+10.0%per year
5 yearsFund is under 5 years old—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 SIXO
YearReturn barSIXO
2026 YTD+5.3%
2025+7.2%
2024+12.2%
2023+17.4%
2022−5.7%
2021+3.7%

History from Oct 1, 2021

SIXO in the news

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

SIXO Dividends

This fund pays no distributions.
—Last 12 months
Payout per share
—Last 12 months

No distributions in the last 12 months.

SIXO Risk

How much the fund’s monthly returns vary, scaled to a year.
6.5%
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.
0.68
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.
−12.0%
59 months · trough Oct 2022
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.
0.47
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.

SIXO 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.

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