- What does SIXZ invest in?
- This fund endeavors to replicate the share price performance of the SPDR S&P 500 ETF Trust (the benchmark ETF) over a defined outcome period. It aims to capture gains up to a predetermined maximum cap, while simultaneously shielding investors from the initial 10% of any losses incurred by the underlying ETF. It is important to note that the stated upside cap and downside buffer will be adjusted downward to account for various management and operational expenses.
- What is the expense ratio of SIXZ?
- AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF (SIXZ) charges an expense ratio of 0.74%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is SIXZ?
- AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF (SIXZ) manages $62.5M 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 SIXZ actively managed or an index fund?
- SIXZ 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 (SIXZ's is 0.74%) because there's no security selection cost.
- When was SIXZ launched?
- AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF (SIXZ) launched in April 2024 and is managed by AllianzIM.
- How has SIXZ performed?
- SIXZ'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.
