AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF
$34.58−0.11 (−0.32%)
- Expense ratio
- 0.74%
- Fund size
- $53M
- 1Y return
- +12.7%
- Yield · Last 12 months
- —
- Holdings
- 5
- Volume · 30D
- 0M sh
- NAV per share
- $34.67
- 52W range
The ETF.net SIXP Grade
Score 55 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 68Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 66Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 22Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 59Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 45Category rank
Our read on SIXP
BTen percent of the downside absorbed, the upside capped, and the whole deal re-struck every six months instead of once a year. SIXP is the March/September dial in AllianzIM's semiannual buffer lineup.
The Fund is designed to match the share-price return of the SPDR S&P 500 ETF Trust at the end of each six-month Outcome Period, subject to an upside Cap. It also seeks to absorb the first 10% of the reference ETF’s losses.
Why people hold it
- Absorbs the first 10% of the reference S&P 500 ETF's decline over each six-month outcome period, with the upside capped.
- Resets twice a year, in March and September, so the cap is re-struck against fresher pricing more often than in a standard 12-month buffer fund.
- 0.74% a year, a shade under the typical fee among shallow-buffer funds.
- A 1940 Act fund holding its own options package rather than a bank note, and it sits in the upper half of a crowded shallow-buffer field.
Worth knowing
- The cap is the price of the cushion, and each new cap is set at the reset, moving with volatility and rates. Enter mid-period and your cushion and ceiling differ from the stated terms.
- It targets the reference ETF's share-price return, so dividends aren't part of the deal, and this fund hasn't been paying distributions.
- A small, lightly traded fund next to the biggest buffer names, so spreads can be wider.
SIXP Holdings
- Stocks
- 5
- 102%
- 4SPY 270226C00005680
Sectors
SIXP Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | SIXP |
|---|---|
| Year to date | +10.0% |
| 1 month | +0.8% |
| 3 months | +3.0% |
| 1 year | +12.7% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | SIXP |
|---|---|---|
| 2026 YTD | +10.0% | |
| 2025 | +13.4% | |
| 2024 | +10.6% |
SIXP in the news
ETF.net Research hasn’t filed on SIXP yet — coverage lands here as it’s written.
SIXP Dividends
No distributions in the last 12 months.
SIXP Risk
- 6.1%
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.
- 1.39
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.
- −11.3%
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.
- 0.48
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SIXP Cost
- 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.