DECU vs. QBSF

Last updated Jun 24, 2026

DECU (AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF) and QBSF (AllianzIM U.S. Equity Buffer15 ETF) are both Defined Outcome funds from AllianzIM. Both are actively managed. A 0.79 correlation means they provide meaningful diversification when combined. DECU charges 0.74%/yr vs 0.64%/yr for QBSF.

Performance

DECU vs. QBSF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF (DECU) and AllianzIM U.S. Equity Buffer15 ETF (QBSF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DECU achieves a 5.22% return, which is significantly higher than QBSF's 2.67% return.

DECU

• 1D: -1.06%
• 1M: -1.39%
• YTD: 5.22%
• 6M: 4.88%
• 1Y: 15.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QBSF

• 1D: 0.00%
• 1M: 0.37%
• YTD: 2.67%
• 6M: 2.84%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DECU vs. QBSF - Yearly Performance Comparison

	2026 (YTD)	2025
DECU AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF	5.22%	7.54%
QBSF AllianzIM U.S. Equity Buffer15 ETF	2.67%	4.79%

Correlation

The correlation between DECU and QBSF is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 1, 2025	0.79

Return for Risk

DECU vs. QBSF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DECU

DECU Risk / Return Rank: 55
DECU Sharpe Ratio Rank: 53
DECU Sortino Ratio Rank: 51
DECU Omega Ratio Rank: 51
DECU Calmar Ratio Rank: 61
DECU Martin Ratio Rank: 60

QBSF

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

DECU vs. QBSF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF (DECU) and AllianzIM U.S. Equity Buffer15 ETF (QBSF). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

	DECU	QBSF	Difference
Sharpe ratio: Return per unit of total volatility	1.64	—	—
Sortino ratio: Return per unit of downside risk	2.26	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	2.75	—	—
Martin ratio: Return relative to average drawdown	9.74	—	—

Drawdowns

DECU vs. QBSF - Drawdown Comparison

The maximum DECU drawdown since its inception was -10.66%, which is greater than QBSF's maximum drawdown of -1.58%. Use the drawdown chart below to compare losses from any high point for DECU and QBSF.

Drawdown Indicators

	DECU	QBSF	Difference
Max Drawdown Largest peak-to-trough decline	-10.66%	-1.58%	-9.08%
Max Drawdown (1Y) Largest decline over 1 year	-5.65%	—	—
Current Drawdown Current decline from peak	-2.80%	0.00%	-2.80%
Average Drawdown Average peak-to-trough decline	-1.73%	-0.21%	-1.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.59%	—	—

Volatility

Volatility by Period

	DECU	QBSF	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.86%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.00%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.47%	2.67%	+6.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.79%	2.67%	+8.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.79%	2.67%	+8.12%

DECU vs. QBSF - Expense Ratio Comparison

DECU has a 0.74% expense ratio, which is higher than QBSF's 0.64% expense ratio.

Dividends

DECU vs. QBSF - Dividend Comparison

Neither DECU nor QBSF has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DECU and QBSF in my portfolio?

DECU and QBSF have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DECU or QBSF?

On fees, QBSF is cheaper at 0.64% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DECU or QBSF?

QBSF is cheaper with a 0.64% expense ratio, compared with 0.74% for DECU.

Which ETF pays a higher dividend yield, DECU or QBSF?

DECU and QBSF have nearly identical dividend yields, around 0.00%.

What is the main difference between DECU and QBSF?

Their fees differ too: 0.74% for DECU and 0.64% for QBSF.