AllianzIM U.S. Equity Buffer20 Dec ETF

Frequently Asked Questions About DECW

What does DECW invest in?

This ETF is designed to replicate the returns of the SPDR S&P 500 ETF Trust (SPY) over a defined investment period. It offers exposure to these returns up to a predetermined upside ceiling, while simultaneously providing a protective cushion against the first 20% of any losses incurred by the underlying SPY. It's important to note that both this potential upside and downside protection will be reduced by the fund's various management fees and operating expenses.

What is the expense ratio of DECW?

AllianzIM U.S. Equity Buffer20 Dec ETF (DECW) charges an expense ratio of 0.74%. This is the annual fee deducted from fund assets to cover management and operations.

How big is DECW?

AllianzIM U.S. Equity Buffer20 Dec ETF (DECW) manages $226.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is DECW actively managed or an index fund?

DECW is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (DECW's is 0.74%) because there's no security selection cost.

When was DECW launched?

AllianzIM U.S. Equity Buffer20 Dec ETF (DECW) launched in November 2022 and is managed by AllianzIM.

How has DECW performed?

DECW's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.