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AIOOAllianzIM U.S. Equity Buffer100 Protection ETF

Stay safeGrow my money1y track recordRanked #220 of 364 in this goal

Seeks to provide returns that track the share price returns of the SPDR S&P 500 ETF Trust with 100% downside protection.

By AllianzIM · Launched 2025

Annual Cost

0.64%

#3,352 of 5,861 · average

Fund Size

$39M

#3,868 of 5,861 · mid-size

Dividend YieldGoal

0.00%

Track Record

1 year

#4,437 of 5,861 · young

Performance

Total-return NAV · USD
Growth of $10,000
$10,475+4.7%

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

What's inside

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 06/30/2026 4.81 C4SPY 260630C00004810
108.1%
SPY 06/30/2026 650.34 P4SPY 260630P00650340
0.6%
SPY 06/30/2026 650.34 C4SPY 260630C00650340
-9.5%

Asset allocation

Stocks
98.9%
Cash
1.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
2.1%Low

Year-on-year price swings

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

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks to provide returns that track the share price returns of the SPDR S&P 500 ETF Trust with 100% downside protection.
Strategy
Pursues a buffered strategy that seeks to provide returns tracking the SPDR S&P 500 ETF Trust, with a Participation Rate and 100% downside protection against losses. Invests primarily in FLEX Options referencing the Underlying ETF, aiming for positive returns in favorable market conditions.
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

You can build this cheaper yourself

Defined-outcome funds cap your gains (often 8% to 20%) in exchange for cushioning losses by 9% to 30%, priced with options. The fee runs about 0.70% or more, against 0.03% to 0.10% for a plain index fund. For most investors, a simple stock-and-bond mix gives similar protection for far less.

Sources: Morningstar, 'Buffer Funds Are on the Rise, but They May Not Make Sense for Most Investors' (2025)

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

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Data updated on 2026-08-04