- ISIN
- US00888H6201
- Issuer
- Allianz
- Inception Date
- Mar 28, 2024
- Category
- Defined Outcome
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Accumulating
- Asset Class
- Alternatives
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $8M
Share Price Chart
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Performance
FLAO Performance Chart
AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF (FLAO) is down 0.9% since the beginning of the year. FLAO is currently trading at $28 per share.
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Returns By Period
AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF (FLAO) has returned -0.91% so far this year and 3.64% over the past 12 months.
AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF
- 1D
- -0.21%
- 1M
- 0.18%
- YTD
- -0.91%
- 6M
- -1.19%
- 1Y
- 3.64%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -1.44%
- 1M
- -1.45%
- YTD
- 7.60%
- 6M
- 6.59%
- 1Y
- 22.24%
- 3Y*
- 19.20%
- 5Y*
- 11.54%
- 10Y*
- 13.71%
FLAO Monthly Returns History
Based on dividend-adjusted daily data since Apr 1, 2024, FLAO's average daily return is +0.02%, while the average monthly return is +0.46%. At this rate, an investment would double in approximately 12.6 years.
Historically, 70% of months were positive and 30% were negative. The best month was May 2024 with a return of +3.0%, while the worst month was Mar 2025 at -5.5%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 2 months.
On a daily basis, FLAO closed higher 59% of trading days. The best single day was Apr 9, 2025 with a return of +2.4%, while the worst single day was Mar 28, 2025 at -2.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.87% | -0.11% | -5.15% | 2.70% | 1.03% | -0.07% | -0.91% | ||||||
| 2025 | 1.69% | -0.46% | -5.45% | 0.03% | 2.21% | 1.75% | 0.85% | 0.81% | 0.49% | 0.86% | 0.21% | 0.56% | 3.38% |
| 2024 | -2.40% | 3.02% | 2.70% | 0.84% | 2.10% | 1.94% | -0.20% | 2.58% | -0.94% | 9.91% |
Benchmark Metrics
AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF has an annualized alpha of -1.17%, beta of 0.41, and R2 of 0.80 versus S&P 500 Index. Calculated based on daily prices since April 01, 2024.
- This ETF participated in 61.87% of S&P 500 Index downside but only 39.87% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.41 indicates this ETF moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- -1.17%
- Beta
- 0.41
- R²
- 0.80
- Upside Capture
- 39.87%
- Downside Capture
- 61.87%
Expense Ratio
FLAO has an expense ratio of 0.74%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FLAO ranks 18 for risk / return — in the bottom 18% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF (FLAO) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FLAO | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.14 | ||
| Sortino ratioReturn per unit of downside risk | -1.54 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.32 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.48 | 2.46 | -1.98 |
| Martin ratioReturn relative to average drawdown | 1.95 | 10.92 | -8.96 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF was 10.12%, occurring on Apr 8, 2025. Recovery took 165 trading sessions.
The current AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF drawdown is 2.12%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -10.12%Apr 2025 | 1mo 17d | 7mo 29d | 9mo 16dFeb 2025 - Dec 2025 |
2026 pullback2026 | -7.60%Mar 2026 | 1mo 2d | — | 3mo 28dFeb 2026 - now |
2024 pullback2024 | -4.99%Aug 2024 | 21d | 12d | 1mo 3dJul 2024 - Aug 2024 |
2024 pullback2024 | -3.28%Sep 2024 | 3d | 10d | 13dSep 2024 - Sep 2024 |
2024 pullback2024 | -2.84%Apr 2024 | 18d | 25d | 1mo 13dApr 2024 - May 2024 |
Drawdown Indicators
| FLAO | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.12% | -56.78% | +46.66% |
Max Drawdown (1Y)Largest decline over 1 year | -7.60% | -9.10% | +1.50% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -2.12% | -3.21% | +1.09% |
Average DrawdownAverage peak-to-trough decline | -1.91% | -10.71% | +8.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.87% | 2.04% | -0.17% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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