---
ticker: "SPBU"
name: "AllianzIM Buffer15 Uncapped Allocation ETF"
url: "https://etf.net/etf/SPBU"
grade: "D"
score: 39
graded_at: "2026-10-12"
category: "S&P 500 Buffer 15%"
category_rank: "51 of 61"
methodology: "https://etf.net/methodology"
---

# SPBU: AllianzIM Buffer15 Uncapped Allocation ETF

Grade **D**, Score 39 of 100. Rank 51 of 61 in S&P 500 Buffer 15%.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 35 | 34 of 61 |
| Mission | Not scored | — |
| Risk | 10 | 53 of 57 |
| Tradability | 43 | 40 of 59 |
| Holdings | 88 | 3 of 33 |
| Durability | 43 | 33 of 61 |

## Top holdings

The fund holds 12 positions. These are the largest 12, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | JNEU | Allianzim Us BF15 Uncap Jun | 8.40% |
| 2 | MAYU | Allianzim Us BF15 Uncap May | 8.39% |
| 3 | SEPU | Allianzim Us BF15 Uncap Sep | 8.37% |
| 4 | JULU | Allianzim Us BF15 Uncap Jul | 8.36% |
| 5 | AUGU | Allianzim Us BF15 Uncap Aug | 8.35% |
| 6 | JANU | Allianzim Us BF15 Uncap Jan | 8.33% |
| 7 | NVBU | Allianzim Us BF15 Uncap Nov | 8.32% |
| 8 | FEBU | Allianzim Us BF15 Uncap Feb | 8.31% |
| 9 | OCTU | Allianzim Us BF15 Uncap Oct | 8.31% |
| 10 | MARU | Allianzim Us BF15 Uncap Mar | 8.31% |
| 11 | DECU | Allianzim Us BF15 Uncap Dec | 8.29% |
| 12 | ARLU | Allianzim Us BF15 Uncap Apr | 8.27% |

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