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SIXJ vs STEN

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

SIXJBCboe

iShares Large Cap 10% Target Buffer Sep ETF

STENBCboe

Overlap

Expense ratio

STEN −0.21pt a year

SIXJ0.74%STEN0.53%

Avg volume · 30D

SIXJ 1.1×the volume

SIXJ15.1KSTEN13.5K

SIXJ vs STEN Performance

Oct 31, 2025 – Oct 30, 2026

+10.5%SIXJ+11.8%STEN

Oct 31, 2025 to Oct 30, 2026. SIXJ +10.5%. STEN +11.8%. Use the arrow keys to read each point.−2.5%0%2.5%5%7.5%Oct 2025Apr 2026Oct 2026
Expense ratio
SIXJ 0.74%
STEN 0.53%, better
Fund size
SIXJ $149M
STEN $58M
1Y total return
SIXJ +10.5%
STEN +11.8%, better
Holdings
SIXJ 3
STEN 4
Avg volume (30D)
SIXJ 15.1K sh, better
STEN 13.5K sh
NAV per share
SIXJ $37.56
STEN $28.26
52W range

ETF.net Grade

SIXJ: Cost 68, Risk 67, Mission not scored, Tradability 70, Holdings 53, Durability 57. STEN: Cost 86, Risk 40, Mission not scored, Tradability 38, Holdings 51, Durability 48.
Pillar letters and Scores for SIXJ, STEN, with each pillar’s weight
PillarSIXJSTEN
Cost30% weightB68A86Higher
Mission25% weightNot scoredNot scored
Risk15% weightB67HigherC40
Tradability15% weightA70HigherD38
Holdings10% weightC53HigherC51
Durability5% weightB57HigherC48

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. SIXJ and STEN 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 STEN 16th 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 16BFEBTAllianzIM U.S. Equity Buffer10 Feb ETFScore 59
  7. Rank 16BSTENiShares Large Cap 10% Target Buffer Sep ETFScore 59
  8. Rank 18BDECTAllianzIM U.S. Equity Buffer10 Dec ETFScore 58

Our read on each fund

ETF.net Research

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

STENBiShares Large Cap 10% Target Buffer Sep ETF

In short

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.

STEN No data

Stated mandate

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.

STEN No data

Why people hold it

  • 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.

STEN No data

Worth knowing

  • 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.

STEN No data

Full SIXJ profile⁠

Full STEN profile⁠

SIXJ vs STEN 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.

SIXJ vs STEN Cost

Overpaying SIXJ vs STEN

$3,771

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

  • SIXJ 0.74%

    $14,307

  • STEN 0.53%

    $10,536

$10,000
30 years

Cost over time

  • SIXJ 0.74%
  • STEN 0.53%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530SIXJ $14,307STEN $10,536

Year by year

YearSIXJSTENOverpaying
10$1,319$953$366
20$5,015$3,658$1,357
30$14,307$10,536$3,771

Expense ratio

  • 0.74%SIXJ
  • 0.53%STEN, cheaper
  • Middle half of S&P 500 Buffer 9-12% funds
  • Median 0.79%

STEN 11th cheapest of 77 funds

SIXJ 17th cheapest of 77 funds

SIXJ vs STEN Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
SIXJ None
STEN No data
Last payment
SIXJ No data
STEN $0.08
Ex-dividend
SIXJ No data
STEN Dec 23, 2025
Paid on
SIXJ No data
STEN Dec 29, 2025
Frequency
SIXJ No data
STEN Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

SIXJAll SIXJ payments⁠

No distribution history available.

STENIrregular · 1 paymentAll STEN payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 23, 2025 $0.08. Use the arrow keys to read each point.$0$0.052026YTD

SIXJ vs STEN Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
SIXJ 5.9%STEN 9.3%since Nov 2025
Return per unit of riskSharpe ratio, 3 years
SIXJ 1.67STEN 0.83since Nov 2025
Worst fallMax drawdown, 5 years
SIXJ −14.1%since Jan 2022STEN −6.2%since Oct 2025
Market sensitivityBeta, 5 years
SIXJ 0.46STEN 0.69

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