- What does SIXD invest in?
- The AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF (SIXD) is crafted to replicate the share price movements of the SPDR S&P 500 ETF Trust (SPY), its benchmark fund, over a defined investment cycle. It allows investors to capture the SPY's positive returns up to a set maximum gain (or cap). Concurrently, it provides a protective cushion, absorbing the first 10% of any losses the SPY might experience. It's important to understand that both this upside potential and the downside buffer will be diminished after deducting the fund's management charges and various other operational costs.
- What is the expense ratio of SIXD?
- AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF (SIXD) charges an expense ratio of 0.74%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is SIXD?
- AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF (SIXD) manages $389.2M 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 SIXD actively managed or an index fund?
- SIXD 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 (SIXD's is 0.74%) because there's no security selection cost.
- When was SIXD launched?
- AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF (SIXD) launched in May 2024 and is managed by AllianzIM.
- How has SIXD performed?
- SIXD'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.
