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QBKFAllianzIM U.S. Small Cap Buffer15 ETF

Stay safeGrow my moneyNewRanked #338 of 364 in this goal

Seeks to match the share price returns of the iShares Russell 2000 ETF, up to a specified upside Cap, while providing a Buffer against the first 15% of losses.

By AllianzIM · Launched 2026

Annual Cost

0.74%

#3,781 of 5,861 · average

Fund Size

$6M

#5,144 of 5,861 · small

Dividend YieldGoal

Track Record

5 months

#5,308 of 5,861 · young

Performance

Total-return NAV · USD
Growth of $10,000
$10,362+3.6%

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

Russell 2000 Index

What it actually holds

By weight

Concentration

Top 4 holdings = 99.4% of fundconcentrated

IWM 06/30/2026 1.86 C4IWM 260630C00001860
107.8%
IWM 06/30/2026 247.98 P4IWM 260630P00247980
0.9%
IWM 06/30/2026 210.80 P4IWM 260630P00210800
-0.2%
IWM 06/30/2026 259.26 C4IWM 260630C00259260
-9.0%

Asset allocation

Stocks
99.4%
Cash
0.6%

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

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks to match the share price returns of the iShares Russell 2000 ETF, up to a specified upside Cap, while providing a Buffer against the first 15% of losses.
Strategy
Pursues a buffered strategy to match the share price returns of the iShares Russell 2000 ETF at the end of each three-month Outcome Period, subject to a Cap and a Buffer against the first 15% of losses. Invests primarily in FLEX Options referencing the Underlying ETF, aiming to provide defined outcomes based on market conditions.
Inception date
March 31, 2026
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