SIXO vs. MAYT
Compare and contrast key facts about AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF (SIXO) and AllianzIM U.S. Large Cap Buffer10 May ETF (MAYT).
SIXO and MAYT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SIXO is a passively managed fund by Allianz that tracks the performance of the S&P 500. It was launched on Sep 30, 2021. MAYT is an actively managed fund by Allianz. It was launched on Apr 28, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SIXO or MAYT.
Correlation
The correlation between SIXO and MAYT is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SIXO vs. MAYT - Performance Comparison
Key characteristics
SIXO:
1.98
MAYT:
2.88
SIXO:
2.70
MAYT:
3.96
SIXO:
1.40
MAYT:
1.65
SIXO:
3.01
MAYT:
3.67
SIXO:
14.06
MAYT:
22.73
SIXO:
0.93%
MAYT:
0.79%
SIXO:
6.62%
MAYT:
6.23%
SIXO:
-12.04%
MAYT:
-6.71%
SIXO:
-0.30%
MAYT:
-0.02%
Returns By Period
The year-to-date returns for both stocks are quite close, with SIXO having a 1.85% return and MAYT slightly lower at 1.81%.
SIXO
1.85%
1.85%
8.36%
13.27%
N/A
N/A
MAYT
1.81%
1.81%
7.82%
18.86%
N/A
N/A
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SIXO vs. MAYT - Expense Ratio Comparison
Both SIXO and MAYT have an expense ratio of 0.74%.
Risk-Adjusted Performance
SIXO vs. MAYT — Risk-Adjusted Performance Rank
SIXO
MAYT
SIXO vs. MAYT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF (SIXO) and AllianzIM U.S. Large Cap Buffer10 May ETF (MAYT). 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.
Dividends
SIXO vs. MAYT - Dividend Comparison
Neither SIXO nor MAYT has paid dividends to shareholders.
Drawdowns
SIXO vs. MAYT - Drawdown Comparison
The maximum SIXO drawdown since its inception was -12.04%, which is greater than MAYT's maximum drawdown of -6.71%. Use the drawdown chart below to compare losses from any high point for SIXO and MAYT. For additional features, visit the drawdowns tool.
Volatility
SIXO vs. MAYT - Volatility Comparison
AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF (SIXO) has a higher volatility of 2.22% compared to AllianzIM U.S. Large Cap Buffer10 May ETF (MAYT) at 1.59%. This indicates that SIXO's price experiences larger fluctuations and is considered to be riskier than MAYT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.