- ISIN
- US00888H5054
- CUSIP
- 00888H505
- Issuer
- Allianz
- Inception Date
- Sep 30, 2020
- Region
- North America (U.S.)
- Category
- Defined Outcome
- Leveraged
- 1x (No leverage)
- Index Tracked
- SPDR S&P 500 ETF Trust
- Domicile
- United States
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $323M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
OCTW Performance Chart
AllianzIM U.S. Equity Buffer20 Oct ETF (OCTW) is up 4.7% since the beginning of the year. OCTW is currently trading at $41 per share. Investors who bought $1,000 worth of OCTW shares 5 years ago would now be looking at an investment worth $1,527.
Loading charts...
Returns By Period
AllianzIM U.S. Equity Buffer20 Oct ETF (OCTW) has returned 4.72% so far this year and 12.26% over the past 12 months.
AllianzIM U.S. Equity Buffer20 Oct ETF
- 1D
- -0.07%
- 1M
- 0.52%
- YTD
- 4.72%
- 6M
- 4.74%
- 1Y
- 12.26%
- 3Y*
- 10.53%
- 5Y*
- 8.83%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.15%
- 1Y
- 24.03%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
OCTW Monthly Returns History
Based on dividend-adjusted daily data since Oct 1, 2020, OCTW's average daily return is +0.03%, while the average monthly return is +0.72%. At this rate, an investment would double in approximately 8.1 years.
Historically, 74% of months were positive and 26% were negative. The best month was Apr 2026 with a return of +4.5%, while the worst month was Apr 2022 at -3.0%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.
On a daily basis, OCTW closed higher 58% of trading days. The best single day was Apr 9, 2025 with a return of +4.1%, while the worst single day was May 5, 2022 at -3.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.62% | 0.05% | -2.01% | 4.45% | 1.57% | 0.07% | 4.72% | ||||||
| 2025 | 1.25% | -0.31% | -2.15% | -0.12% | 2.88% | 2.55% | 1.22% | 1.22% | 1.08% | 0.78% | 0.38% | 0.57% | 9.68% |
| 2024 | 1.16% | 1.34% | 0.95% | -0.21% | 1.42% | 0.67% | 0.58% | 0.61% | 0.54% | -0.47% | 2.33% | -0.53% | 8.67% |
| 2023 | 3.45% | -0.42% | 1.61% | 1.13% | 0.84% | 2.42% | 0.82% | 0.60% | 0.70% | -0.72% | 4.35% | 1.64% | 17.57% |
| 2022 | -1.10% | -0.97% | 1.45% | -3.03% | 0.70% | -2.65% | 2.65% | -0.72% | 0.38% | 2.91% | 2.63% | -1.48% | 0.54% |
| 2021 | -0.77% | 0.85% | 1.53% | 0.77% | 0.32% | 0.36% | 0.24% | 0.15% | 0.07% | 2.00% | -0.79% | 1.60% | 6.48% |
Benchmark Metrics
AllianzIM U.S. Equity Buffer20 Oct ETF has an annualized alpha of 3.81%, beta of 0.33, and R2 of 0.80 versus S&P 500 Index. Calculated based on daily prices since October 01, 2020.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (33.35%) than losses (22.56%) - typical of diversified or defensive assets.
- This ETF generated an annualized alpha of 3.81% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.33 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
- 3.81%
- Beta
- 0.33
- R²
- 0.80
- Upside Capture
- 33.35%
- Downside Capture
- 22.56%
Expense Ratio
OCTW has an expense ratio of 0.74%, placing it in the medium range.
Return for Risk
Risk / Return Rank
OCTW ranks 82 for risk / return — in the top 82% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for AllianzIM U.S. Equity Buffer20 Oct ETF (OCTW) 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.
| OCTW | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.47 | ||
| Sortino ratioReturn per unit of downside risk | +0.95 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.37 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 3.37 | 2.78 | +0.58 |
| Martin ratioReturn relative to average drawdown | 17.19 | 12.44 | +4.75 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the AllianzIM U.S. Equity Buffer20 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 Buffer20 Oct ETF was 8.38%, occurring on Apr 8, 2025. Recovery took 38 trading sessions.
The current AllianzIM U.S. Equity Buffer20 Oct ETF drawdown is 0.11%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -8.38%Apr 2025 | 1mo 18d | 1mo 26d | 3mo 14dFeb 2025 - Jun 2025 |
Bear market2022 | -6.96%Jun 2022 | 5mo 13d | 4mo 27d | 10mo 10dJan 2022 - Nov 2022 |
2026 pullback2026 | -3.65%Mar 2026 | 1mo 2d | 14d | 1mo 16dFeb 2026 - Apr 2026 |
2020 pullback2020 | -2.79%Oct 2020 | 17d | 6d | 23dOct 2020 - Nov 2020 |
2023 pullback2023 | -2.69%Mar 2023 | 1mo 5d | 21d | 1mo 26dFeb 2023 - Mar 2023 |
Drawdown Indicators
| OCTW | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.38% | -56.78% | +48.40% |
Max Drawdown (1Y)Largest decline over 1 year | -3.65% | -9.10% | +5.45% |
Max Drawdown (3Y)Largest decline over 3 years | -8.38% | -18.90% | +10.52% |
Max Drawdown (5Y)Largest decline over 5 years | -8.38% | -25.43% | +17.05% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.11% | -1.80% | +1.69% |
Average DrawdownAverage peak-to-trough decline | -0.81% | -10.71% | +9.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.71% | 2.03% | -1.32% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with OCTW
Add AllianzIM U.S. Equity Buffer20 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 OCTW