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AUGP vs SIXO

PGIM S&P 500 Buffer 12 ETF - August

AUGPBCboe

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

SIXOBCboe

Overlap

0.0%by weight

Expense ratio

AUGP −0.24pt a year

AUGP0.50%SIXO0.74%

Avg volume · 30D

SIXO 1.7×the volume

AUGP7.43KSIXO12.3K

AUGP vs SIXO Performance

Nov 7, 2025 – Nov 9, 2026

+10.8%AUGP+7.0%SIXO

Nov 7, 2025 to Nov 9, 2026. AUGP +10.8%. SIXO +7.0%. Use the arrow keys to read each point.−2.5%0%2.5%5%12.5%Nov 2025May 2026Nov 2026
Expense ratio
AUGP 0.50%, better
SIXO 0.74%
Fund size
AUGP $38M
SIXO $118M
1Y total return
AUGP +10.8%, better
SIXO +7.0%
Holdings
AUGP 4
SIXO 3
Avg volume (30D)
AUGP 7.43K sh
SIXO 12.3K sh, better
NAV per share
AUGP $33.29
SIXO $35.97
52W range

ETF.net Grade

AUGP: Cost 91, Risk 69, Mission not scored, Tradability 25, Holdings not scored, Durability 39. SIXO: Cost 68, Risk 53, Mission not scored, Tradability 68, Holdings 49, Durability 48.
Pillar letters and Scores for AUGP, SIXO, with each pillar’s weight
PillarAUGPSIXO
Cost30% weightA91HigherB68
Mission25% weightNot scoredNot scored
Risk15% weightB69HigherC53
Tradability15% weightD25B68Higher
Holdings10% weightNot scoredC49
Durability5% weightD39C48Higher

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. AUGP and SIXO 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 ›

AUGP ranks 2nd and SIXO 13th of 77 funds in the S&P 500 Buffer 9-12% Category.

  1. Rank 1AZALTInnovator U.S. Equity 10 Buffer ETF - QuarterlyScore 76
  2. Rank 2BAUGPPGIM S&P 500 Buffer 12 ETF - AugustScore 66
  3. Rank 2BSIXJAllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETFScore 66
  4. Rank 13BSIXDAllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETFScore 61
  5. Rank 13BSIXOAllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETFScore 61
  6. Rank 15BAPRTAllianzIM U.S. Equity Buffer10 Apr ETFScore 60

Our read on each fund

ETF.net Research

AUGPBPGIM S&P 500 Buffer 12 ETF - August

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

In short

AUGP No data

SIXO Most 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

AUGP No data

SIXO 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

AUGP No data

  • SIXO 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

AUGP No data

  • SIXO 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.

Full AUGP profile⁠

Full SIXO profile⁠

AUGP vs SIXO Holdings

How AUGP and SIXO differ

Overlap by weight

0.0%

Level by level

  • Asset classAlternatives, Stocks0.0%
  • Holdings0 in both0.0%
  • Countryby domicile100%
  • Sector11 Sectors99.7%

Sector

Sector weights in AUGP and SIXO, widest gap first
SectorMore in AUGPMore in SIXOGap
TechnologyAUGP +0.3 points
FinancialsSIXO +0.1 points
Consumer StaplesSame weight
Health CareSIXO +0.1 points
Consumer DiscretionarySame weight
CommunicationSame weight
UtilitiesSame weight
Real EstateSame weight
MaterialsSame weight
EnergySame weight
IndustrialsSame weight

Country, concentration and asset class

Country by domicile

Country weights in AUGP and SIXO, widest gap first
CountryMore in AUGPMore in SIXOGap
United StatesSame weight
SwitzerlandSame weight
ChinaSame weight
MexicoSame weight
IrelandSame weight
United KingdomSame weight

Concentration

Weight in the 10 largest Holdings

  • AUGP103.5%
  • SIXO102.9%

Securities held

  • AUGP3
  • SIXO2

Asset class

AUGP
Alternatives
SIXO
Stocks

Holdings

  • Only in AUGP3
  • In both0
  • Only in SIXO2

Only in AUGP

3 securities, 100% of AUGP by weight

  • 4SPY Us 07/30/27 C7.4796.98%
  • 4SPY Us 07/30/27 P747.035.69%
  • Net Current Assets<0.01%

Only in SIXO

2 securities, 100% of SIXO by weight

  • Spy 03/31/2027 5.64 C97.13%
  • Spy 03/31/2027 762.55 P5.45%

Weight gaps

AUGP and SIXO share no securities.

All AUGP holdings⁠All 5 SIXO 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.

AUGP vs SIXO Cost

Overpaying SIXO vs AUGP

$4,328

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

  • AUGP 0.50%

    $9,979

  • SIXO 0.74%

    $14,307

$10,000
30 years

Cost over time

  • AUGP 0.50%
  • SIXO 0.74%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530SIXO $14,307AUGP $9,979

Year by year

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

Expense ratio

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

AUGP 5th cheapest of 77 funds

SIXO 17th cheapest of 77 funds

AUGP vs SIXO Dividends

Last 12 months to Nov 9, 2026
Payout (12M)
AUGP None
SIXO None

Distribution history

AUGPAll AUGP payments⁠

No distribution history available.

SIXOAll SIXO payments⁠

No distribution history available.

AUGP vs SIXO Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AUGP 6.2%since Jun 2024SIXO 6.0%
Return per unit of riskSharpe ratio, 3 years
AUGP 1.31since Jun 2024SIXO 0.96
Worst fallMax drawdown, 5 years
AUGP −11.1%since May 2024SIXO −12.0%
Market sensitivityBeta, 5 years
AUGP 0.54SIXO 0.52

AUGP and SIXO in the news

All news⁠

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