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Launched

AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF

SIXZCboeAllianzIMB

$32.22−0.02 (−0.06%)

As of Nov 2, 2026, 3:33 PM ET

B56/ 100

Rank 23 of 77 in S&P 500 Buffer 9-12%

B56/100Rank 23 of 77inS&P 500 Buffer 9-12%
Intraday session: down, 74 prints from 32.24 to 32.22. Range 32.22 to 32.42. Use the arrow keys to read each point.32.3032.3532.4010 AM12 PM2 PM4 PM
Expense ratio
0.74%
Fund size
$65M
1Y total return
+10.0%
Yield · Last 12 months
No data
Holdings
3
Avg volume · 30D
5.41K sh
52W range
low $28.62high $32.87
Launched

The ETF.net SIXZ Grade

Based on 5 of 6 pillars

B

Score 56 out of 100

Category
S&P 500 Buffer 9-12%⁠
Rank
23 of 77
Six-pillar profile for SIXZ. Scores out of 100: Cost 68, Risk 63, Mission not scored, Tradability 34, Holdings 47, Durability 47. Strongest: Cost (68). Weakest: Tradability (34). Based on 5 of 6 pillars.

Score 56 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.
    B63 out of 100
    Rank 21 of 77

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D34 out of 100
    Rank 56 of 77

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C47 out of 100
    Rank 40 of 45

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C47 out of 100
    Rank 42 of 77

Our read on SIXZ

ETF.net Research

In short

BMost buffered ETFs lock you into a 12-month cycle. SIXZ runs six-month outcome periods, so the 10% downside buffer on the S&P 500 and the upside cap both reset every May and November.

Stated mandate

The Fund uses recurring six-month Outcome Periods and resets its upside Cap at each period. For the May 1–October 31, 2026 period, the SEC disclosed an estimated pre-fee Cap range of 6.00%–9.00%.

Why people hold it

  • Six-month outcome periods: the 10% buffer and the upside cap reset each May 1 and November 1 instead of sitting fixed for a full year.
  • At 0.74% a year, it charges less than the median fund in its shallow-buffer peer group.
  • Easy to trade for a defined-outcome fund, among the cleanest in its cohort, which matters most when you step in or out between reset dates.
  • Built as a registered 1940 Act fund tied to the SPDR S&P 500 ETF Trust, so you hold an ETF rather than a bank-issued structured note.

Worth knowing

  • The price of the buffer is a ceiling. Strong six-month runs get trimmed, and the new cap is only set when each period opens.
  • Buffer and cap are measured from the start of each outcome period. Buy midway and your own protection and upside differ from the headline terms.
  • 0.74% adds up next to plain index funds, and some buffer peers ask less (ZALT 0.69%, BUFB 0.10%). It also launched in 2024, so the record is short.

SIXZ Holdings

Holdings pillarC47 out of 100Rank 40 of 45 in S&P 500 Buffer 9-12%
Asset class
Stocks
Holdings
3
Top-10 weight
100%
Largest holding
Spy 10/30/2026 5.32 C99.8%

Sectors

  • Technology40.1%
  • Financials11.3%
  • Communication9.9%
  • Health Care9.4%
  • Consumer Discretionary8.7%
  • Industrials7.6%
  • Consumer Staples4.4%
  • Energy3.4%
  • Utilities1.9%
  • Real Estate1.7%
  • Materials1.6%

Geography

  • United States99.53%
  • Switzerland0.26%
  • China0.10%
  • Mexico0.05%
  • Ireland0.03%
  • United Kingdom0.03%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataSpy 10/30/2026 5.32 C99.78%846$64.6M1
2No dataCash&Other0.29%187,733$188K52
3No dataSpy 10/30/2026 718.59 P<0.01%846$9561

Showing 1–3 of 3 holdings

SIXZ Performance

Launched Apr 30, 2024

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.Not enough history yet.
SIXZ$11,000
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. SIXZ $11,000. 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 SIXZ. Periods over one year show the average yearly return.
PeriodSIXZ
Year to date+8.9%
1 month−0.3%
3 months+1.7%
1 year+10.0%
3 yearsFund is under 3 years oldper yearNo data
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 SIXZ
YearReturn barSIXZ
2026 YTD+8.9%
2025+7.2%
2024+10.5%

History from May 1, 2024

SIXZ in the news

SIXZ Dividends

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

No distributions in the last 12 months.

SIXZ Risk

Risk pillarB63 out of 100Rank 21 of 77 in S&P 500 Buffer 9-12%
How much the fund’s monthly returns vary, scaled to a year.
6.0%
Annualised · 29 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.
0.89
vs 3-month T-bills · 29 months 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.
−10.3%
29 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.
0.50
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.

SIXZ Cost

Compare SIXZ 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.

  • SIXZ 0.74%

    $14,307

  • XTR 0.25% Cheapest

    $5,159

$10,000
30 years

Cost over time

  • SIXZ 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$15K051015202530SIXZ $14,307XTR $5,159

Year by year

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

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