Skip to Content
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)
—
AUM
$24,990,000
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
97.18%
n/a
SPY 02/29/2024 396.30 P
6.70%
Cash&Other
Cash&Other
0.67%
n/a
SPY 02/29/2024 451.82 C
-2.27%
n/a
SPY 02/29/2024 317.01 P
-2.28%
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 PFEB, POCT, DDEC

MARW
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer20 Mar ETF
PFEB
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - February
POCT
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - October
DDEC
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Deep Buffer ETF - December
DFEB
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Deep Buffer ETF - February
FFEB
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - February
DJUN
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Deep Buffer ETF - June
PTLC
Pacer Funds Trust - Pacer Trendpilot US Large Cap ETF
FOCT
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF -October
SFY
Tidal ETF Trust - SoFi Select 500 ETF
SPYG
SPDR Series Trust - SPDR Portfolio S&P 500 Growth 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.

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

ETFs similar to MARW include FMAY, FSEP, and DAUG.

ETFs correlated to MARW include PFEB, POCT, and DDEC.

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

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.