- What does SIXP invest in?
- This ETF aims to mirror the price performance of the SPDR S&P 500 ETF Trust (its benchmark) over a specific investment period. It provides protection against the first 10% of losses incurred by the benchmark, while potential gains are capped at a predetermined upside limit. Both this maximum gain and the loss buffer are determined after accounting for the fund's management and other operating expenses.
- What is the expense ratio of SIXP?
- AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF (SIXP) charges an expense ratio of 0.74%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is SIXP?
- AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF (SIXP) manages $44.1M 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 SIXP actively managed or an index fund?
- SIXP 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 (SIXP's is 0.74%) because there's no security selection cost.
- When was SIXP launched?
- AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF (SIXP) launched in February 2024 and is managed by AllianzIM.
- How has SIXP performed?
- SIXP'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.
