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ETFs

AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF

SIXO
$--
Today’s Change
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Snapshot
*

Inception Date
Sep 30 2021
Expense Ratio
0.74%
Type
US Equities
Fund Owner
AllianzIM
Volume (1m avg. daily)
$88,819
AUM
$32,474,250
Associated Index
S&P 500 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
SPY 03/31/2023 2.64 C
99.83%
Cash&Other
Cash&Other
0.33%
n/a
SPY 03/31/2023 357.14 P
0.05%
n/a
SPY 03/31/2023 321.46 P
-0.01%
n/a
SPY 03/31/2023 404.15 C
-0.20%
Invest with SIXO

What is SIXO?

The AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF (the "Fund") seeks to match the returns of the S&P 500 Price Return Index up to a stated upside Cap, while providing a Buffer against the first 10% of the S&P 500 Price Return Index losses for the currently effective Outcome Period from October 1, 2021 to March 31, 2022.

ETFs related toSIXO

ETFs correlated to SIXO include GFEB, BMAR, FMAR

SIXO
AIM ETF Products Trust - AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF
GFEB
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - February
BMAR
Innovator ETFs Trust - Innovator U.S. Equity Buffer ETF - March
FMAR
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - March
FFEB
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - February
XDEC
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - December
VTHR
Vanguard Group, Inc. - Vanguard Russell 3000 Index 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 toSIXO

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

#HFEAR

Hedgefundie's Excellent Adventure Refined

Category

Balance Risk Not Assets, Lever Up, Composer's Picks

Risk Rating

Aggressive

Create your own algorithmic trading strategy with SIXO using Composer

FAQ

SIXO is a US Equities ETF. The AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF (the "Fund") seeks to match the returns of the S&P 500 Price Return Index up to a stated upside Cap, while providing a Buffer against the first 10% of the S&P 500 Price Return Index losses for the currently effective Outcome Period from October 1, 2021 to March 31, 2022.

SIXO tracks the S&P 500 Index.

No, SIXO 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, SIXO 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 SIXO is 0.0045%. This is the percent change in the value of SIXO over the most recent 1-month period. The 3-month return on SIXO is 0.0364%. This is the percent change in the value of SIXO over the most recent 3-month period.

The standard deviation of SIXO for the past year is 0.1305%. 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 SIXO include POCT, SPUU, and SPY.

ETFs correlated to SIXO include GFEB, BMAR, and FMAR.

ETFs that are inversely correlated to SIXO include SH, 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.