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Launched · SEC filings

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

SIXOCboeAllianzIMB

$36.30−0.17 (−0.45%)

As of Nov 10, 2026, 11:25 AM ET

B61/ 100

Rank 13 of 77 in S&P 500 Buffer 9-12%

B61/100Rank 13 of 77inS&P 500 Buffer 9-12%
Intraday session: down, 24 prints from 36.47 to 36.30. Range 36.28 to 36.45. Use the arrow keys to read each point.36.3536.4010 AM12 PM2 PM4 PM
Expense ratio
0.74%
Fund size
$118M
1Y total return
+7.0%
Yield · Last 12 months
No data
Holdings
3
Avg volume · 30D
12.3K sh
52W range
low $33.60high $37.00
Launched
Filings
SEC EDGAR

The ETF.net SIXO Grade

Based on 5 of 6 pillars

B

Score 61 out of 100

Category
S&P 500 Buffer 9-12%⁠
Rank
13 of 77
Six-pillar profile for SIXO. Scores out of 100: Cost 68, Risk 53, Mission not scored, Tradability 68, Holdings 49, Durability 48. Strongest: Cost (68). Weakest: Durability (48). Based on 5 of 6 pillars.

Score 61 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.

  • 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.
    C53 out of 100
    Rank 29 of 77

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B68 out of 100
    Rank 17 of 77

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C49 out of 100
    Rank 37 of 45

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C48 out of 100
    Rank 40 of 77

Our read on SIXO

ETF.net Research

In short

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

  • Six-month outcome periods, April and October, so the 10% buffer and the upside cap re-set twice a year instead of once.
  • 0.74% expense ratio, below the typical fee in the shallow-buffer peer group.
  • AllianzIM runs the same 10% six-month buffer on other start months (SIXJ, SIXD, SIXZ), so entry dates can be laddered across the calendar.
  • Live 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

  • The 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.
  • Terms track the reference ETF's share-price return, so dividends sit outside the deal, and the fund itself has not been making distributions.
  • Buffer 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 Performance

Launched Sep 30, 2021

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.
SIXO$10,695
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,339
Nov 7, 2025 to Nov 9, 2026. SIXO $10,695. SPY $11,339. Use the arrow keys to read each point.$10,000$11,000Nov 2025May 2026Nov 2026

Nov 7, 2025 – Nov 9, 2026

Returns run to the Nov 9, 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+5.0%
1 month−1.4%
3 months+0.5%
1 year+7.0%
3 yearsper year+9.7%
5 yearsper year+7.1%
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 SIXO
YearReturn barSIXO
2026 YTD+5.0%
2025+7.2%
2024+12.2%
2023+17.4%
2022−5.7%
2021+3.7%

History from Oct 1, 2021

SIXO in the news

SIXO Dividends

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

No distributions in the last 12 months.

SIXO Risk

Risk pillarC53 out of 100Rank 29 of 77 in S&P 500 Buffer 9-12%
How much the fund’s monthly returns vary, scaled to a year.
6.0%
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.
0.96
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.
−12.0%
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.
0.52
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.

SIXO Cost

Compare SIXO 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.

  • SIXO 0.74%

    $14,307

  • XTR 0.25% Cheapest

    $5,159

$10,000
30 years

Cost over time

  • SIXO 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$15K051015202530SIXO $14,307XTR $5,159

Year by year

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

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