SIXZ vs. ENFR
SIXZ (AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF) and ENFR (Alerian Energy Infrastructure ETF) are both exchange-traded funds - SIXZ is a Defined Outcome fund actively managed by Allianz, while ENFR is a Energy Equities fund tracking the Alerian Midstream Energy Select Index. SIXZ is actively managed, while ENFR is passively managed. Over the past year, SIXZ returned 11.36% vs 27.76% for ENFR. At a 0.22 correlation, their price movements are largely independent. SIXZ charges 0.74%/yr vs 0.35%/yr for ENFR.
Performance
SIXZ vs. ENFR - Performance Comparison
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Returns By Period
In the year-to-date period, SIXZ achieves a 5.65% return, which is significantly lower than ENFR's 24.93% return.
SIXZ
- 1D
- -0.44%
- 1M
- -0.06%
- YTD
- 5.65%
- 6M
- 5.24%
- 1Y
- 11.36%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ENFR
- 1D
- 1.51%
- 1M
- -4.52%
- YTD
- 24.93%
- 6M
- 25.03%
- 1Y
- 27.76%
- 3Y*
- 28.90%
- 5Y*
- 20.07%
- 10Y*
- 11.98%
SIXZ vs. ENFR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
SIXZ AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF | 5.65% | 7.24% | 10.31% |
ENFR Alerian Energy Infrastructure ETF | 24.93% | 5.88% | 27.94% |
Correlation
The correlation between SIXZ and ENFR is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.08 |
Correlation (All Time) Calculated using the full available price history since May 1, 2024 | 0.22 |
The correlation between SIXZ and ENFR shifts across timeframes, from -0.08 (1 year) to 0.22 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
SIXZ vs. ENFR — Risk / Return Rank
SIXZ
ENFR
SIXZ vs. ENFR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF (SIXZ) and Alerian Energy Infrastructure ETF (ENFR). 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.
| SIXZ | ENFR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.32 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.56 | 3.23 | -0.66 |
| Martin ratioReturn relative to average drawdown | 11.31 | 8.24 | +3.07 |
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Drawdowns
SIXZ vs. ENFR - Drawdown Comparison
The maximum SIXZ drawdown since its inception was -10.27%, smaller than the maximum ENFR drawdown of -68.28%. Use the drawdown chart below to compare losses from any high point for SIXZ and ENFR.
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Drawdown Indicators
| SIXZ | ENFR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.27% | -68.28% | +58.01% |
Max Drawdown (1Y)Largest decline over 1 year | -4.45% | -8.64% | +4.19% |
Max Drawdown (3Y)Largest decline over 3 years | — | -15.58% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.29% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -62.64% | — |
Current DrawdownCurrent decline from peak | -0.86% | -4.71% | +3.85% |
Average DrawdownAverage peak-to-trough decline | -0.91% | -15.94% | +15.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.01% | 3.38% | -2.37% |
Volatility
SIXZ vs. ENFR - Volatility Comparison
The current volatility for AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF (SIXZ) is 1.97%, while Alerian Energy Infrastructure ETF (ENFR) has a volatility of 5.69%. This indicates that SIXZ experiences smaller price fluctuations and is considered to be less risky than ENFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SIXZ | ENFR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.97% | 5.69% | -3.72% |
Volatility (6M)Calculated over the trailing 6-month period | 5.33% | 11.60% | -6.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.24% | 14.86% | -8.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.80% | 19.25% | -11.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.80% | 24.68% | -16.88% |
SIXZ vs. ENFR - Expense Ratio Comparison
SIXZ has a 0.74% expense ratio, which is higher than ENFR's 0.35% expense ratio.
Dividends
SIXZ vs. ENFR - Dividend Comparison
SIXZ has not paid dividends to shareholders, while ENFR's dividend yield for the trailing twelve months is around 4.02%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENFR Alerian Energy Infrastructure ETF | 4.02% | 4.77% | 4.41% | 5.48% | 5.23% | 7.86% | 7.57% | 5.81% | 3.98% | 2.98% | 3.31% | 3.34% |
SIXZ AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SIXZ and ENFR have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ENFR has higher volatility (5.69%) compared to SIXZ (1.97%). In terms of maximum drawdown, SIXZ dropped -10.27% vs ENFR's -68.28%.
On 1-year performance, ENFR leads with 27.76% vs 11.36% for SIXZ. On fees, ENFR is cheaper at 0.35% per year. On volatility, SIXZ has been the lower-risk option at 1.97%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, ENFR has performed better with a 27.76% return vs 11.36%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ENFR is cheaper with a 0.35% expense ratio, compared with 0.74% for SIXZ.
ENFR has the higher dividend yield at 4.02%, compared with 0.00% for SIXZ.
SIXZ is categorized as Defined Outcome, while ENFR is Energy Equities. They also come from different issuers: Allianz and SS&C. Their fees differ too: 0.74% for SIXZ and 0.35% for ENFR.
ENFR currently has the higher Sharpe Ratio (1.88 vs 1.83), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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