Skip to content

AIOOAllianzIM U.S. Equity Buffer100 Protection ETF

Stay safeGrow my moneyNewRanked #209 of 340 in this goal

Seeks to track SPDR S&P 500 ETF returns in positive markets with 100% downside protection against losses.

By AllianzIM · Launched 2025

Annual Cost

0.64%

#3,222 of 5,562 · average

Fund Size

$39M

#3,792 of 5,562 · small

Dividend YieldGoal

Track Record

12 months

#4,535 of 5,562 · young

Performance

Total-return NAV · USD
Growth of $10,000
$10,490+4.9%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Structured outcome

Index tracked

S&P 500 Index

What it actually holds

By weight

Concentration

Top 3 holdings = 99.2% of fundconcentrated

SPY 03/31/2026 5.05 C4SPY 260331C00005050
100.2%
SPY 03/31/2026 681.92 P4SPY 260331P00681920
1.8%
SPY 03/31/2026 681.92 C4SPY 260331C00681920
-2.7%

Asset allocation

Stocks
99.2%
Cash
0.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-0.7%Mild

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks to track SPDR S&P 500 ETF returns in positive markets with 100% downside protection against losses.
Strategy
Utilizes a Participation Rate to track positive returns of the SPDR S&P 500 ETF Trust during the Outcome Period. The current Outcome Period ends on December 31, 2025, after which the Participation Rate will reset for the next period starting January 1, 2026.
Inception date
June 30, 2025
Fund family
AllianzIM

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Buffer
Warning

Buffer ETF — downside protection at a cost

Defined-outcome funds cap upside (typically 8–20%) in exchange for partial downside protection (9–30%), priced via options. Fees are materially higher than the underlying index (often 0.70%+ vs 0.03–0.10%). For most pre-retirees, a simple stock/bond mix achieves similar downside behaviour at a fraction of the cost.

Source: Morningstar, 'Defined-Outcome ETFs: Useful or Uneconomic?' (2023)

Why we flagged this: strategy=structured_outcome + structured_outcome_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

What's next?

You've reviewed AIOO. Save it to your watchlist to track it alongside the other funds you're weighing.

Data updated on 2026-06-19