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

Stay safeGrow my money4y track recordRanked #90 of 364 in this goal

Seeks to match the share price returns of the SPDR S&P 500 ETF Trust while providing a Buffer against the first 10% of losses.

By AllianzIM · Launched 2021

Annual Cost

0.74%

#3,781 of 5,861 · average

Fund Size

$148M

#2,627 of 5,861 · mid-size

Dividend YieldGoal

0.00%

Track Record

4 years

#2,524 of 5,861 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$11,469+14.7%

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 4 holdings = 99.7% of fundconcentrated

SPY 06/30/2026 5.05 C4SPY 260630C00005050
100.7%
SPY 06/30/2026 681.85 P4SPY 260630P00681850
1.0%
SPY 06/30/2026 613.73 P4SPY 260630P00613730
-0.3%
SPY 06/30/2026 729.59 C4SPY 260630C00729590
-1.8%

Asset allocation

Stocks
99.0%
Cash
1.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
6.0%Low

Year-on-year price swings

Max drawdown
-14.1%Mild

Worst peak-to-trough loss

Sharpe (3Y)
1.15Strong risk-adjusted returns
Sortino (3Y)
1.72Good downside protection

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 while providing a Buffer against the first 10% of losses.
Strategy
Pursues a buffered strategy to match the share price returns of the SPDR S&P 500 ETF Trust, providing a 10% Buffer against losses. Invests primarily in FLEX Options referencing the Underlying ETF, aiming for outcomes based on market conditions.
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

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 2026-08-05