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AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF (O...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF (OCTU)

ETF · Currency in USD · Last updated Apr 15, 2026

The AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF (OCTU) is an actively managed defined outcome ETF that provides exposure to the SPDR S&P 500 ETF Trust (SPY) with a 15% downside buffer and uncapped upside participation once the underlying ETF's return surpasses a predetermined spread, measured over a 12-month outcome period that resets each October. The fund holds FLEX Options and collateral to achieve this buffered, uncapped defined outcome profile.

ETF Info

Issuer
AllianzIM
Inception Date
Sep 30, 2024
Category
Defined Outcome
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Accumulating
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart

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AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF

Performance

OCTU Performance Chart

AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF (OCTU) is up 0.9% since the beginning of the year. OCTU is currently trading at $29 per share.

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S&P 500 Index

Returns By Period

AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF (OCTU) has returned 0.93% so far this year and 18.71% over the past 12 months.

AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF

1D
0.72%
1M
2.98%
YTD
0.93%
6M
3.14%
1Y
18.71%
3Y*
—
5Y*
—
10Y*
—

Benchmark (S&P 500 Index)

1D
1.18%
1M
5.05%
YTD
1.78%
6M
4.86%
1Y
28.88%
3Y*
18.97%
5Y*
10.81%
10Y*
12.85%
*Multi-year figures are annualized to reflect compound growth (CAGR)

OCTU Monthly Returns History

Based on dividend-adjusted daily data since Oct 1, 2024, OCTU's average daily return is +0.04%, while the average monthly return is +0.79%. At this rate, an investment would double in approximately 7.3 years.

Historically, 53% of months were positive and 47% were negative. The best month was Nov 2024 with a return of +4.2%, while the worst month was Mar 2025 at -3.6%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 3 months.

On a daily basis, OCTU closed higher 56% of trading days. The best single day was Apr 9, 2025 with a return of +4.8%, while the worst single day was Apr 4, 2025 at -2.9%.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.92%-0.84%-3.07%4.05%0.93%
20252.08%-1.13%-3.58%-0.11%3.26%3.34%1.48%1.50%3.42%2.01%-0.13%-0.17%12.37%
2024-0.04%4.21%-2.20%1.87%

Benchmark Metrics

AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF has an annualized alpha of 1.40%, beta of 0.59, and R² of 0.94 versus S&P 500 Index. Calculated based on daily prices since October 02, 2024.

  • This ETF participated in 69.70% of S&P 500 Index downside but only 65.65% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.59 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
1.40%
Beta
0.59
R²
0.94
Upside Capture
65.65%
Downside Capture
69.70%

Expense Ratio

OCTU has an expense ratio of 0.74%, placing it in the medium range.

Return for Risk

Risk / Return Rank

OCTU ranks 57 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

OCTU Risk / Return Rank: 5757
Overall Rank
OCTU Sharpe Ratio Rank: 5656
Sharpe Ratio Rank
OCTU Sortino Ratio Rank: 5757
Sortino Ratio Rank
OCTU Omega Ratio Rank: 5353
Omega Ratio Rank
OCTU Calmar Ratio Rank: 5454
Calmar Ratio Rank
OCTU Martin Ratio Rank: 6363
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF (OCTU) and compare them to a chosen benchmark (S&P 500 Index).

OCTUBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

2.15

2.20

-0.05

Sortino ratio

Return per unit of downside risk

3.03

3.07

-0.03

Omega ratio

Gain probability vs. loss probability

1.38

1.41

-0.03

Calmar ratio

Return relative to maximum drawdown

3.45

3.55

-0.10

Martin ratio

Return relative to average drawdown

14.38

16.01

-1.63

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Explore OCTU risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

OCTU Sortino RatioOCTU Sharpe Ratio

Dividends

Dividend History

AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF doesn't pay dividends

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 Buffer15 Uncapped 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 Buffer15 Uncapped Oct ETF was 11.24%, occurring on Apr 8, 2025. Recovery took 56 trading sessions.

The current AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF drawdown is 0.50%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-11.24%Feb 20, 202534Apr 8, 202556Jun 30, 202590
-5.92%Jan 28, 202643Mar 30, 2026———
-3.66%Oct 29, 202517Nov 20, 202530Jan 6, 202647
-3.65%Dec 9, 202422Jan 10, 20258Jan 23, 202530
-2%Oct 9, 20252Oct 10, 202510Oct 24, 202512

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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Portfolio Analyzer

Build a portfolio with OCTU

Add AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Analyzer with OCTU