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AUGP vs SIXZ

PGIM S&P 500 Buffer 12 ETF - August

AUGPBCboe

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

SIXZBCboe

Overlap

0.0%by weight

Expense ratio

AUGP −0.24pt a year

AUGP0.50%SIXZ0.74%

Avg volume · 30D

AUGP 1.4×the volume

AUGP7.35KSIXZ5.41K

AUGP vs SIXZ Performance

Oct 31, 2025 – Oct 30, 2026

+10.3%AUGP+10.0%SIXZ

Oct 31, 2025 to Oct 30, 2026. AUGP +10.3%. SIXZ +10.0%. Use the arrow keys to read each point.−2.5%0%2.5%5%12.5%Oct 2025Apr 2026Oct 2026
Expense ratio
AUGP 0.50%, better
SIXZ 0.74%
Fund size
AUGP $38M
SIXZ $65M
1Y total return
AUGP +10.3%, better
SIXZ +10.0%
Holdings
AUGP 4
SIXZ 3
Avg volume (30D)
AUGP 7.35K sh, better
SIXZ 5.41K sh
NAV per share
AUGP $34.23
SIXZ $32.80
52W range

ETF.net Grade

AUGP: Cost 91, Risk 72, Mission not scored, Tradability 24, Holdings not scored, Durability 38. SIXZ: Cost 68, Risk 63, Mission not scored, Tradability 34, Holdings 47, Durability 47.
Pillar letters and Scores for AUGP, SIXZ, with each pillar’s weight
PillarAUGPSIXZ
Cost30% weightA91HigherB68
Mission25% weightNot scoredNot scored
Risk15% weightA72HigherB63
Tradability15% weightF24D34Higher
Holdings10% weightNot scoredC47
Durability5% weightD38C47Higher

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 SIXZ 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 SIXZ 23rd 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 23BSEPTAllianzIM U.S. Equity Buffer10 Sep ETFScore 56
  5. Rank 23BSIXZAllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETFScore 56
  6. Rank 27CBJANInnovator U.S. Equity Buffer ETFScore 55

Our read on each fund

ETF.net Research

AUGPBPGIM S&P 500 Buffer 12 ETF - August

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

In short

AUGP No data

SIXZ Most 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

AUGP No data

SIXZ 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

AUGP No data

  • SIXZ 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

AUGP No data

  • SIXZ 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.

Full AUGP profile⁠

Full SIXZ profile⁠

AUGP vs SIXZ Holdings

How AUGP and SIXZ differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of AUGP and 0.0% of SIXZ.

Level by level

  • Asset classAlternatives, Equity0.0%
  • Holdings0 in both0.0%
  • Countryby domicile100%

Sector

No Sector split for AUGP.

Country, concentration and asset class

Country by domicile

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

Concentration

Weight in the 10 largest Holdings

  • AUGP103.3%
  • SIXZ100.1%

Securities held

  • AUGP3
  • SIXZ2

Asset class

AUGP
Alternatives
SIXZ
Equity

Holdings

  • Only in AUGP3
  • In both0
  • Only in SIXZ2

Only in AUGP

3 securities, 100% of AUGP by weight

  • 4SPY Us 07/30/27 C7.4798.85%
  • 4SPY Us 07/30/27 P747.033.59%
  • Net Current Assets<0.01%

Only in SIXZ

2 securities, 99.8% of SIXZ by weight

  • Spy 10/30/2026 5.32 C99.78%
  • Spy 10/30/2026 718.59 P<0.01%

Weight gaps

AUGP and SIXZ share no securities.

All AUGP holdings⁠All 5 SIXZ 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 SIXZ Cost

Overpaying SIXZ vs AUGP

$4,328

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

  • AUGP 0.50%

    $9,979

  • SIXZ 0.74%

    $14,307

$10,000
30 years

Cost over time

  • AUGP 0.50%
  • SIXZ 0.74%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530SIXZ $14,307AUGP $9,979

Year by year

YearAUGPSIXZOverpaying
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%SIXZ
  • Middle half of S&P 500 Buffer 9-12% funds
  • Median 0.79%

AUGP 5th cheapest of 77 funds

SIXZ 17th cheapest of 77 funds

AUGP vs SIXZ Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
AUGP None
SIXZ None

Distribution history

AUGPAll AUGP payments⁠

No distribution history available.

SIXZAll SIXZ payments⁠

No distribution history available.

AUGP vs SIXZ 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 2024SIXZ 6.0%since Jun 2024
Return per unit of riskSharpe ratio, 3 years
AUGP 1.31since Jun 2024SIXZ 0.89since Jun 2024
Worst fallMax drawdown, 5 years
AUGP −11.1%since May 2024SIXZ −10.3%since May 2024
Market sensitivityBeta, 5 years
AUGP 0.53SIXZ 0.50

AUGP and SIXZ in the news

All news⁠

Popular comparisons

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