AZBOAllianzIM U.S. Large Cap Buffer20 Oct ETF
Under normal market conditions, the fund invests at least 80% of its net assets in instruments with economic characteristics similar to U.S. large cap equity securities. Specifically, the Advisor intends to invest substantially all of its assets in FLEX Options that reference the Underlying ETF. The fund is non-diversified.
AllianzIM · Since 2020 (5 years)
0.74%
#3444 out of 5,332 ETFs
$161M
#2292 out of 5,332 ETFs
0.00%
5 years
#2249 out of 5,332 ETFs
Performance
1 Year
+14.9%
3 Years
+11.3%
5 Years
+8.6%
What's inside
Top holdings
Risk profile
5.3%
Moderate
-8.4%
Worst peak-to-trough loss
1.26
Excellent risk-adjusted returns
1.86
Good downside protection
Similar ETFs
Our take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
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
Data updated on 2026-05-05