SIXZ ETF — Holdings & Analysis

The AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF (SIXZ) is an ETF that seeks to provide returns that match the SPDR S&P 500 ETF Trust, up to a specified upside cap, while buffering against the first 10% of losses. This means that if the S&P 500 declines, SIXZ is designed to absorb the first 10% of those losses. The ETF resets its buffer and cap every six months. SIXZ provides a defined outcome strategy, making it different from traditional ETFs that simply track an index without any downside protection or upside limitation. The fund's net asset value is $29.27 as of 2026-03-15.

The expense ratio for SIXZ is 0.74%. This means that for every $10,000 invested, $74 is used to cover the fund's operating expenses annually. While this provides the benefit of a buffer against losses, the expense ratio is higher than some broad market equity ETFs. The category average expense ratio for equity ETFs is approximately 0.44%, making SIXZ relatively more expensive compared to its peers. the may be worth researching expense ratio when evaluating the overall cost-effectiveness of SIXZ.

As a defined outcome ETF, SIXZ does not hold traditional stocks like a typical index fund. Instead, its holdings consist primarily of derivative instruments designed to achieve its buffer and cap strategy. As of its latest holdings data, SIXZ has 5 holdings. The ETF's sector allocation is heavily weighted towards Technology (34.1%), Financial Services (12.2%), and Communication Services (10.6%). These allocations reflect the underlying exposure to the S&P 500, which the fund seeks to replicate with a buffer and cap. Investors should review the fund's prospectus for a complete list of holdings and their specific weights.

Whether SIXZ is a suitable long-term investment depends on an investor's specific goals and risk tolerance. The ETF's defined outcome strategy, which provides a buffer against losses and caps potential gains, may be attractive to investors seeking downside protection. However, the 0.74% expense ratio can impact long-term returns. The ETF's performance is tied to the S&P 500, but the buffer and cap will alter the return profile. how may be worth researching SIXZ fits within their overall portfolio and investment horizon. Past performance does not guarantee future results.

SIXZ competes with other defined outcome ETFs that offer similar buffer and cap strategies tied to the S&P 500. A key differentiator is the six-month outcome period, which may be shorter or longer than other similar ETFs. The expense ratio of 0.74% is a factor to consider when comparing SIXZ to its peers. Some competing ETFs may have lower expense ratios. With AUM of $0.05 billion, SIXZ is relatively small compared to some of the larger defined outcome ETFs. Investors should compare the specific buffer, cap, outcome period, and expense ratio of SIXZ to other similar ETFs to determine the best fit for their needs.

According to the provided data, SIXZ has a dividend yield of 0.00%. This indicates that the ETF does not currently distribute dividends to its shareholders. Investors seeking income from their investments may want to consider other ETFs that offer a dividend yield. While SIXZ does not provide dividend income, its defined outcome strategy may be attractive to investors seeking downside protection and capped upside potential.