FLAOAllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF
Seeks to match the share price returns of the SPDR S&P 500 ETF Trust with a maximum loss Floor of 5%.
By AllianzIM · Launched 2024
0.74%
#3,782 of 5,861 · average
$8M
#4,967 of 5,861 · small
+3.0%
2 years
#3,421 of 5,861 · seasoned
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 3 holdings = 99.8% of fundconcentrated
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Listing
- Exchange
- NYSE Arca, Cboe BZX
Full fund details
- Objective
- Seeks to match the share price returns of the SPDR S&P 500 ETF Trust with a maximum loss Floor of 5%.
- Strategy
- Invests primarily in U.S. equity securities through FLEX Options referencing the SPDR S&P 500 ETF Trust, aiming to match its returns up to a specified Cap while limiting losses to 5%. The strategy is designed for a six-month Outcome Period, resetting with each new period.
- Inception date
- March 28, 2024
- Fund family
- AllianzIM
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
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