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SIXJAllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF

Stay safeGrow my money4y track recordRanked #74 of 340 in this goal

Seeks to match the share price returns of the SPDR S&P 500 ETF Trust with a 10% downside buffer.

By AllianzIM · Launched 2021

Annual Cost

0.74%

#3,625 of 5,562 · average

Fund Size

$156M

#2,528 of 5,562 · mid-size

Dividend YieldGoal

0.00%

Track Record

4 years

#2,585 of 5,562 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$11,778+17.8%

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 4 holdings = 99.6% of fundconcentrated

SPY 06/30/2026 5.05 C4SPY 260630C00005050
99.7%
SPY 06/30/2026 681.85 P4SPY 260630P00681850
3.2%
SPY 06/30/2026 613.73 P4SPY 260630P00613730
-1.4%
SPY 06/30/2026 729.59 C4SPY 260630C00729590
-1.9%

Asset allocation

Stocks
99.3%
Cash
0.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
5.8%Low

Year-on-year price swings

Max drawdown
-14.1%Mild

Worst peak-to-trough loss

Sharpe (3Y)
1.16Strong risk-adjusted returns
Sortino (3Y)
1.73Good downside protection

Where to buy

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 10% downside buffer.
Strategy
Invests primarily in instruments with economic characteristics similar to U.S. equity securities. Provides a buffer against the first 10% of losses while capping upside returns at a specified level. The investment strategy may change without shareholder approval.
Inception date
December 31, 2021
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

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Data updated on 2026-06-19