SIXD vs. APRW

Last updated Jun 6, 2026

SIXD (AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF) and APRW (AllianzIM U.S. Large Cap Buffer20 Apr ETF) are both exchange-traded funds - SIXD is a Defined Outcome fund actively managed by Allianz, while APRW is a Options Trading fund actively managed by Allianz. Both are actively managed. Their correlation of 0.84 suggests significant overlap in exposure. Both charge a 0.74% expense ratio.

Performance

SIXD vs. APRW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF (SIXD) and AllianzIM U.S. Large Cap Buffer20 Apr ETF (APRW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with SIXD having a 5.75% return and APRW slightly higher at 5.80%.

SIXD

• 1D: -1.28%
• 1M: 0.45%
• YTD: 5.75%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

APRW

• 1D: -0.54%
• 1M: 0.31%
• YTD: 5.80%
• 6M: 6.46%
• 1Y: 12.20%
• 3Y*: 10.09%
• 5Y*: 7.02%
• 10Y*: —

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

SIXD vs. APRW - Yearly Performance Comparison

	2026 (YTD)	2025
SIXD AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF	5.75%	-0.18%
APRW AllianzIM U.S. Large Cap Buffer20 Apr ETF	5.80%	0.17%

Correlation

The correlation between SIXD and APRW is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 23, 2025	0.84

SIXD vs. APRW - Sectors Allocation Comparison

Sectors	SIXD	APRW
Technology	36.2%	36.2%
Financial Services	11.9%	11.9%
Communication Services	10.9%	10.9%
Consumer Cyclical	10.1%	10.1%
Healthcare	8.4%	8.4%
Industrials	8.1%	8.1%
Consumer Defensive	4.9%	4.9%
Energy	3.5%	3.5%
Utilities	2.3%	2.3%
Real Estate	1.9%	1.9%
Basic Materials	1.8%	1.8%

Return for Risk

SIXD vs. APRW — Risk / Return Rank

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

APRW

APRW Risk / Return Rank: 98
APRW Sharpe Ratio Rank: 97
APRW Sortino Ratio Rank: 98
APRW Omega Ratio Rank: 98
APRW Calmar Ratio Rank: 98
APRW Martin Ratio Rank: 98

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.

SIXD vs. APRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF (SIXD) and AllianzIM U.S. Large Cap Buffer20 Apr ETF (APRW). 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.

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

Sharpe Ratios by Period

	SIXD	APRW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	4.57	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.05	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.71	1.14	+0.57

Drawdowns

SIXD vs. APRW - Drawdown Comparison

The maximum SIXD drawdown since its inception was -4.69%, smaller than the maximum APRW drawdown of -9.61%. Use the drawdown chart below to compare losses from any high point for SIXD and APRW.

Drawdown Indicators

	SIXD	APRW	Difference
Max Drawdown Largest peak-to-trough decline	-4.69%	-9.61%	+4.92%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.75%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-9.61%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-9.61%	—
Current Drawdown Current decline from peak	-1.35%	-0.54%	-0.81%
Average Drawdown Average peak-to-trough decline	-0.78%	-1.12%	+0.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.15%	—

Volatility

Volatility by Period

	SIXD	APRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.77%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.94%	—
Volatility (1Y) Calculated over the trailing 1-year period	7.56%	2.68%	+4.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.56%	6.72%	+0.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.56%	6.41%	+1.15%

SIXD vs. APRW - Expense Ratio Comparison

Both SIXD and APRW have an expense ratio of 0.74%.

Dividends

SIXD vs. APRW - Dividend Comparison

Neither SIXD nor APRW has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
APRW AllianzIM U.S. Large Cap Buffer20 Apr ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.67%
SIXD AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SIXD and APRW in my portfolio?

SIXD and APRW have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SIXD or APRW?

Both ETFs have the same 0.74% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SIXD or APRW?

SIXD and APRW have the same expense ratio: 0.74% per year.

Which ETF pays a higher dividend yield, SIXD or APRW?

SIXD and APRW have nearly identical dividend yields, around 0.00%.

What is the main difference between SIXD and APRW?

SIXD is categorized as Defined Outcome, while APRW is Options Trading.