Skip to content
etf.net

APRP vs SIXJ

PGIM S&P 500 Buffer 12 ETF - April

APRPBCboe

AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF

SIXJBCboe

Overlap

Expense ratio

APRP −0.24pt a year

APRP0.50%SIXJ0.74%

Avg volume · 30D

SIXJ 2.8×the volume

APRP5.35KSIXJ15.1K

APRP vs SIXJ Performance

Oct 31, 2025 – Oct 30, 2026

+14.3%APRP+10.5%SIXJ

Oct 31, 2025 to Oct 30, 2026. APRP +14.3%. SIXJ +10.5%. Use the arrow keys to read each point.0%5%Oct 2025Apr 2026Oct 2026
Expense ratio
APRP 0.50%, better
SIXJ 0.74%
Fund size
APRP $38M
SIXJ $149M
1Y total return
APRP +14.3%, better
SIXJ +10.5%
Holdings
APRP 4
SIXJ 3
Avg volume (30D)
APRP 5.35K sh
SIXJ 15.1K sh, better
NAV per share
APRP $33.64
SIXJ $37.56
52W range

ETF.net Grade

APRP: Cost 91, Risk 45, Mission not scored, Tradability 25, Holdings not scored, Durability 39. SIXJ: Cost 68, Risk 67, Mission not scored, Tradability 70, Holdings 53, Durability 57.
Pillar letters and Scores for APRP, SIXJ, with each pillar’s weight
PillarAPRPSIXJ
Cost30% weightA91HigherB68
Mission25% weightNot scoredNot scored
Risk15% weightC45B67Higher
Tradability15% weightD25A70Higher
Holdings10% weightNot scoredC53
Durability5% weightD39B57Higher

Rank among S&P 500 Buffer 9-12% funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. APRP and SIXJ are both graded against the same 77 S&P 500 Buffer 9-12% funds, so their Grades compare head to head.

S&P 500 Buffer 9-12%⁠

Category · 77 funds
See all 77 ›

SIXJ ranks 4th and APRP 12th of 77 funds in the S&P 500 Buffer 9-12% Category.

  1. Rank 1AZALTInnovator U.S. Equity 10 Buffer ETF - QuarterlyScore 77
  2. Rank 2BAUGPPGIM S&P 500 Buffer 12 ETF - AugustScore 67
  3. Rank 3BTENJiShares Large Cap 10% Target Buffer Jun ETFScore 66
  4. Rank 4BSIXJAllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETFScore 65
  5. Rank 5BBUFMAB Moderate Buffer ETFScore 64
  6. Rank 10BSIXDAllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETFScore 62
  7. Rank 12BAPRPPGIM S&P 500 Buffer 12 ETF - AprilScore 61
  8. Rank 12BJANTAllianzIM U.S. Equity Buffer10 Jan ETFScore 61

Our read on each fund

ETF.net Research

APRPBPGIM S&P 500 Buffer 12 ETF - April

SIXJBAllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF

In short

APRP No data

SIXJ Most buffer ETFs lock you into a 12-month cycle. SIXJ runs a six-month one, resetting each January and July: it tracks SPY's share-price move, absorbs the first 10% of losses, and takes a fresh upside cap twice a year.

Stated mandate

APRP No data

SIXJ The Fund seeks to match the share-price return of SPDR S&P 500 ETF Trust over a six-month outcome period, subject to an upside cap and protection against the first 10% of losses.

Why people hold it

APRP No data

  • SIXJ The 10% buffer and the cap reset every January 1 and July 1, so terms refresh twice a year instead of on the usual annual clock.
  • 0.74% expense ratio, on the lean side for a defined-outcome fund and below the typical fee among its shallow-buffer peers.
  • The reference asset is SPY itself, the original S&P 500 ETF, so the payoff is keyed to a plain vanilla benchmark rather than a bespoke index.
  • Rates among the stronger implementations in a crowded shallow-buffer field, alongside AllianzIM's other six-month siblings like SIXZ and SIXD.

Worth knowing

APRP No data

  • SIXJ Buffer and cap are designed to work over the full six-month period. Buy mid-period and you get whatever cushion and upside room remain at that moment.
  • It tracks SPY's share-price return, so dividends aren't passed through and the fund isn't structured to pay income.
  • Volume is light next to the largest buffer funds, so bid-ask spreads can run wider, especially in fast-moving markets.

Full APRP profile⁠

Full SIXJ profile⁠

APRP vs SIXJ Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

APRP vs SIXJ Cost

Overpaying SIXJ vs APRP

$4,328

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • APRP 0.50%

    $9,979

  • SIXJ 0.74%

    $14,307

$10,000
30 years

Cost over time

  • APRP 0.50%
  • SIXJ 0.74%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530SIXJ $14,307APRP $9,979

Year by year

YearAPRPSIXJOverpaying
10$900$1,319$419
20$3,460$5,015$1,555
30$9,979$14,307$4,328

Expense ratio

  • 0.50%APRP, cheaper
  • 0.74%SIXJ
  • Middle half of S&P 500 Buffer 9-12% funds
  • Median 0.79%

APRP 5th cheapest of 77 funds

SIXJ 17th cheapest of 77 funds

APRP vs SIXJ Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
APRP None
SIXJ None

Distribution history

APRPAll APRP payments⁠

No distribution history available.

SIXJAll SIXJ payments⁠

No distribution history available.

APRP vs SIXJ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
APRP 6.2%since May 2024SIXJ 5.9%
Return per unit of riskSharpe ratio, 3 years
APRP 1.35since May 2024SIXJ 1.67
Worst fallMax drawdown, 5 years
APRP −13.6%since Apr 2024SIXJ −14.1%since Jan 2022
Market sensitivityBeta, 5 years
APRP 0.47SIXJ 0.46

Popular comparisons

  • APRPBvsZALTA

    PGIM S&P 500 Buffer 12 ETF - April · Innovator U.S. Equity 10 Buffer ETF - Quarterly

    Expense ratio
    0.50% · 0.69%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • SIXJBvsZALTA

    AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF · Innovator U.S. Equity 10 Buffer ETF - Quarterly

    Expense ratio
    0.74% · 0.69%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • APRPBvsAUGPB

    PGIM S&P 500 Buffer 12 ETF - April · PGIM S&P 500 Buffer 12 ETF - August

    Expense ratio
    0.50% · 0.50%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • SIXJBvsAUGPB

    AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF · PGIM S&P 500 Buffer 12 ETF - August

    Expense ratio
    0.74% · 0.50%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • APRPBvsTENJB

    PGIM S&P 500 Buffer 12 ETF - April · iShares Large Cap 10% Target Buffer Jun ETF

    Expense ratio
    0.50% · 0.53%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • SIXJBvsTENJB

    AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF · iShares Large Cap 10% Target Buffer Jun ETF

    Expense ratio
    0.74% · 0.53%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.