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ETFs

AllianzIM U.S. Large Cap Buffer20 Jul ETF

JULW
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 30 2020
Expense Ratio
0.74%
Type
US Equities
Fund Owner
AllianzIM
Volume (1m avg. daily)
$645,957
AUM
$213,702,522
Associated Index
SPDR S&P 500 ETF Trust
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
SPY 06/28/2024 3.32 C
96.19%
n/a
SPY 06/28/2024 443.32 P
5.24%
Cash&Other
Cash&Other
0.58%
n/a
SPY 06/28/2024 500.02 C
-0.78%
n/a
SPY 06/28/2024 354.62 P
-1.24%
Invest with JULW

What is JULW?

The AllianzIM U.S. Large Cap Buffer20 Jul ETF (the Fund ) seeks to match the returns of the S&P 500 Index up to a stated upside Cap, while providing a Buffer against the first 20% of the S&P 500 Index losses for the currently effective Outcome Period from July 1, 2020 to June 30, 2021.

ETFs related toJULW

ETFs correlated to JULW include DSEP, DJUL, SPUU

JULW
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer20 Jul ETF
DSEP
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Deep Buffer ETF - September
DJUL
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Deep Buffer ETF - July
SPUU
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares
DFUS
Dimensional ETF Trust - Dimensional U.S. Equity ETF
SSO
ProShares Trust - ProShares Ultra S&P500 2x Shares
SCHB
Schwab Strategic Trust - Schwab U.S. Broad Market ETF
FMAY
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - May
SPLG
SPDR Series Trust - SPDR Portfolio S&P 500 ETF
SPXL
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares
SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust

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.

Automated Strategies
Related toJULW

#DSS

Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with JULW using Composer

FAQ

JULW is a US Equities ETF. The AllianzIM U.S. Large Cap Buffer20 Jul ETF (the Fund ) seeks to match the returns of the S&P 500 Index up to a stated upside Cap, while providing a Buffer against the first 20% of the S&P 500 Index losses for the currently effective Outcome Period from July 1, 2020 to June 30, 2021.

JULW tracks the SPDR S&P 500 ETF Trust.

No, JULW 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, JULW 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 JULW is -0.0041%. This is the percent change in the value of JULW over the most recent 1-month period. The 3-month return on JULW is -0.0051%. This is the percent change in the value of JULW over the most recent 3-month period.

The standard deviation of JULW for the past year is 0.079%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to JULW include DAUG, FAUG, and FFEB.

ETFs correlated to JULW include DSEP, DJUL, and SPUU.

ETFs that are inversely correlated to JULW include SPXS, SDS, and SPXU.

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.