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ETFs

AllianzIM U.S. Large Cap Buffer20 Feb ETF

FEBW
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Jan 31, 2023
Expense Ratio
0.74%
Type
US Equities
Fund Owner
AllianzIM
Volume (1m avg. daily)
$103,622
AUM
$48,659,662
Associated Index
SPDR S&P 500 ETF Trust
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

—
SPY 01/31/2024 3.05 C
99.71%
—
SPY 01/31/2024 406.52 P
1.6%
Cash&Other
Cash&Other
0.15%
—
SPY 01/31/2024 325.18 P
-0.28%
—
SPY 01/31/2024 460.34 C
-1.18%
Invest with FEBW
Trade FEBW Options

What is FEBW?

AllianzIM U.S. Large Cap Buffer20 Feb ETF intends to invest substantially all of its assets in FLexible EXchange Options ("FLEX Options") that reference the SPDR S&P 500 ETF Trust ("Underlying ETF"). The Fund uses FLEX Options to seek to deliver returns that match, at the end of a specified Outcome Period, the share price returns of the Underlying ETF (i.e., the market price returns of the Underlying ETF) up to the Cap. The Fund seeks to provide shareholders that hold shares for the entire Outcome Period with a downside loss buffer against the first 20% of Underlying ETF losses (the "Buffer"). The Buffer is measured based upon the Underlying ETF's share price at the time the Fund enters into the FLEX Options for the Outcome Period, which occurs on the business day immediately prior to the first day of the Outcome Period.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

FEBW
Performance Measures**

for the time period Feb 1, 2023 to Dec 4, 2025

Returns

1M Trailing Return: 1.1%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 2.7%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -8.8%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 6.4%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 1.64

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 1.23

The annualized return divided by the max drawdown for the selected time period.

ETFs related toFEBW

ETFs correlated to FEBW include GAUG, XAUG, AUGW

FEBW
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer20 Feb ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
AUGW
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer20 Aug ETF
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
GJUL
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - July
DOCT
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Deep Buffer ETF - October
DECZ
Listed Funds Trust - TrueShares Structured Outcome (December) ETF
PJAN
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - January
SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust
DSEP
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Deep Buffer ETF - September

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

FEBW is a US Equities ETF. AllianzIM U.S. Large Cap Buffer20 Feb ETF intends to invest substantially all of its assets in FLexible EXchange Options ("FLEX Options") that reference the SPDR S&P 500 ETF Trust ("Underlying ETF"). The Fund uses FLEX Options to seek to deliver returns that match, at the end of a specified Outcome Period, the share price returns of the Underlying ETF (i.e., the market price returns of the Underlying ETF) up to the Cap. The Fund seeks to provide shareholders that hold shares for the entire Outcome Period with a downside loss buffer against the first 20% of Underlying ETF losses (the "Buffer"). The Buffer is measured based upon the Underlying ETF's share price at the time the Fund enters into the FLEX Options for the Outcome Period, which occurs on the business day immediately prior to the first day of the Outcome Period.

FEBW tracks the SPDR S&P 500 ETF Trust.

No, FEBW is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, FEBW is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FEBW is -0.0016%. This is the percent change in the value of FEBW over the most recent 1-month period. The 3-month return on FEBW is 0.0072%. This is the percent change in the value of FEBW over the most recent 3-month period.

ETFs similar to FEBW include DJUL, DAUG, and FAUG.

ETFs correlated to FEBW include GAUG, XAUG, and AUGW.

ETFs that are inversely correlated to FEBW include SPDN, SDS, and SPXS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.