- What are the top holdings of APRW?
- AllianzIM U.S. Equity Buffer20 Apr ETF holds 5 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does APRW have?
- APRW holds 5 positions as reported by the fund's most recent disclosure.
- What sectors does APRW invest in?
- AllianzIM U.S. Equity Buffer20 Apr ETF (APRW) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is APRW most exposed to?
- APRW's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is APRW a US-only fund?
- The country allocation card on this page shows APRW's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does APRW invest in?
- APRW uses options to moderate losses on shares of SPDR S&P 500 ETF Trust (ticker: SPY) over a one-year period, starting in April. In exchange for preventing realization of the first 20% of losses, the fund forgoes some upside return and the dividend component of SPY, as the options are written on the price (not total) return version of the shares. Should the shares of SPY decline greater than 20%, investors participate in the downside performance on a $1 for $1 basis. The upside cap resets annually based on SPY's closing price on the business day prior to the outcome period begins. Even if shares are held for the entire outcome period, the intended results may differ. The issuer publishes the interim levels for the cap and downside buffer daily on its website. The targeted cap and buffer dont include the fund's expense ratio. The actively managed fund uses FLEX options on SPY shares exclusively. Before October 31, 2022, the fund traded under the ticker AZBA. Prior to Dec. 22, 2025, the fund was called AllianzIM U.S. Large Cap Buffer20 Apr ETF.
