AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF (SIXJ)
AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Minneapolis, MN, US. The stock last traded at $37.26, up 0.20% on the session, giving a market capitalisation of $149.0M. Its beta of 0.46 implies it has historically moved less than the broad market.
This ETF aims to replicate the share price performance of the SPDR S&P 500 ETF Trust (its underlying benchmark) over a specific investment cycle. It allows investors to capture gains up to a predefined maximum limit, while simultaneously absorbing the initial 10% of any declines experienced by the benchmark ETF. However, both this potential upside ceiling and the downside protection level are reduced after accounting for the fund's management fees and various other operational costs.
AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF is most often compared with the following Financial Services names: