- ISIN
- US00888H4719
- CUSIP
- 00888H471
- Issuer
- Allianz
- Inception Date
- Jan 7, 2025
- Region
- North America (U.S.)
- Category
- Defined Outcome
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $69M
Highlights
- Avg. Volume (1M)
- 28K
- Avg. Volume Value (1M)
- $807.70K
Share Price Chart
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Performance
SPBX Performance Chart
AllianzIM 6 Month Buffer10 Allocation ETF (SPBX) is up 7.0% since the beginning of the year. SPBX is currently trading at $29 per share.
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Returns By Period
AllianzIM 6 Month Buffer10 Allocation ETF (SPBX) has returned 6.99% so far this year and 12.87% over the past 12 months.
AllianzIM 6 Month Buffer10 Allocation ETF
- 1D
- 0.40%
- 1M
- 0.81%
- 6M
- 5.96%
- YTD
- 6.99%
- 1Y
- 12.87%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 10.89%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
SPBX Monthly Returns History
Based on dividend-adjusted daily data since Jan 8, 2025, SPBX's average daily return is +0.04%, while the average monthly return is +0.87%. At this rate, an investment would double in approximately 6.7 years.
Historically, 79% of months were positive and 21% were negative. The best month was Apr 2026 with a return of +5.6%, while the worst month was Mar 2025 at -2.9%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.
On a daily basis, SPBX closed higher 60% of trading days. The best single day was Apr 9, 2025 with a return of +5.9%, while the worst single day was Apr 4, 2025 at -3.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.98% | 0.02% | -2.82% | 5.60% | 2.09% | 0.31% | 0.81% | 6.99% | |||||
| 2025 | 1.18% | -0.40% | -2.89% | -0.31% | 3.24% | 2.62% | 1.22% | 1.30% | 1.24% | 0.85% | 0.57% | 0.88% | 9.79% |
Benchmark Metrics
AllianzIM 6 Month Buffer10 Allocation ETF has an annualized alpha of 2.19%, beta of 0.51, and R2 of 0.94 versus S&P 500 Index. Calculated based on daily prices since January 08, 2025.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (47.24%) than losses (31.48%) - typical of diversified or defensive assets.
- This ETF generated an annualized alpha of 2.19% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.51 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
- 2.19%
- Beta
- 0.51
- R²
- 0.94
- Upside Capture
- 47.24%
- Downside Capture
- 31.48%
Expense Ratio
SPBX has an expense ratio of 0.79%, placing it in the medium range.
Return for Risk
Risk / Return Rank
SPBX ranks 86 for risk / return — above 86% of ETFs peers on PortfoliosLab. Its historical combined result is among the stronger results in the peer group.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for AllianzIM 6 Month Buffer10 Allocation ETF (SPBX) 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.
| SPBX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.75 | ||
| Sortino ratioReturn per unit of downside risk | +1.19 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.25 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 2.74 | 2.00 | +0.74 |
| Martin ratioReturn relative to average drawdown | 13.19 | 8.49 | +4.69 |
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 6 Month Buffer10 Allocation 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 6 Month Buffer10 Allocation ETF was 11.11%, occurring on Apr 8, 2025. Recovery took 52 trading sessions.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-11.11%Apr 2025 | 1mo 17d | 2mo 17d | 4mo 4dFeb 2025 - Jun 2025 | 2025 selloff2025 |
-4.49%Mar 2026 | 1mo 2d | 15d | 1mo 17dFeb 2026 - Apr 2026 | — |
-1.66%Nov 2025 | 7d | 6d | 13dNov 2025 - Nov 2025 | — |
-1.41%Jun 2026 | 7d | 5d | 12dJun 2026 - Jun 2026 | — |
-1.25%Feb 2026 | 3d | 12d | 15dFeb 2026 - Feb 2026 | — |
Drawdown Indicators
| SPBX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.11% | -56.78% | +45.67% |
Max Drawdown (1Y)Largest decline over 1 year | -4.49% | -9.10% | +4.61% |
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 | 0.00% | -1.58% | +1.58% |
Average DrawdownAverage peak-to-trough decline | -1.08% | -10.70% | +9.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.93% | 2.14% | -1.21% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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