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ETFs

AllianzIM U.S. Large Cap Buffer20 Mar ETF

MARW
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 28, 2023
Expense Ratio
0.74%
Type
US Equities
Fund Owner
AllianzIM
Volume (1m avg. daily)
$38,191
AUM
$25,931,909
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 02/29/2024 2.97 C
101.08%
n/a
SPY 02/29/2024 396.30 P
1.51%
Cash&Other
Cash&Other
0.31%
n/a
SPY 02/29/2024 317.01 P
-0.34%
n/a
SPY 02/29/2024 451.82 C
-2.57%
Invest with MARW

What is MARW?

AllianzIM U.S. Large Cap Buffer20 Mar 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.

ETFs related toMARW

ETFs correlated to MARW include GAUG, DOCT, DECZ

MARW
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer20 Mar ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
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
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
FFEB
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - February
VV
Vanguard Group, Inc. - Vanguard Large Cap ETF
SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust
SPLG
SPDR Series Trust - SPDR Portfolio S&P 500 ETF
SPUU
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares
VOO
Vanguard Group, Inc. - Vanguard S&P 500 ETF

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 toMARW

#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 MARW using Composer

FAQ

MARW is a US Equities ETF. AllianzIM U.S. Large Cap Buffer20 Mar 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.

MARW tracks the SPDR S&P 500 ETF Trust.

No, MARW 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, MARW 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 MARW is 0.0016%. This is the percent change in the value of MARW over the most recent 1-month period. The 3-month return on MARW is 0.0099%. This is the percent change in the value of MARW over the most recent 3-month period.

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

ETFs correlated to MARW include GAUG, DOCT, and DECZ.

ETFs that are inversely correlated to MARW include SDS, SPDN, 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.