AllianzIMDefined OutcomeSPBW · Cboe BZX

AllianzIM Buffer20 Allocation ETF (SPBW)

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Price: $29.37; —12 Nov 2026
Assets: $94.5M; Total net assets
Expense ratio: 0.79%; Category 0.76%
Yield: 0.00%; Trailing distributions

1Y return: 8.3%+0.1%; Category 8.2%
3Y CAGR: —; Category 12.6%
5Y CAGR: —; Category 8.3%

$29.37—12 Nov 2026

Fund

Assets: $94.5M
Expense: 0.79%
Categ. exp: 0.76%
Yield: 0.00%

ReturnFundCateg.

1Y8.3%8.2%

3Y—12.6%

5Y—8.3%

Launch9.1%—

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AllianzIM Buffer20 Allocation ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-0.6%	+0.6%	+3.0%	+7.1%	+8.3%	—	—	—	+9.1%
Defined Outcome average	-1.3%	-0.6%	2.2%	7.1%	8.2%	12.6%	8.3%	—	7.9%
Difference	+0.8%	+1.2%	+0.8%	0.0%	+0.1%	—	—	—	+1.2%

Holdings

The 10 largest positions make up 83.6% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
DECW	AllianzIM US Equity Buffer20 Dec ETF	8.44%
OCTW	AllianzIM US Equity Buffer20 Oct ETF	8.39%
NVBW	AllianzIM US Equity Buffer20 Nov ETF	8.38%
MARW	AllianzIM US Equity Buffer20 Mar ETF	8.37%
AUGW	AllianzIM US Equity Buffer20 Aug ETF	8.36%
FEBW	AllianzIM US Equity Buffer20 Feb ETF	8.35%
JANW	AllianzIM US Equity Buffer20 Jan ETF	8.35%
JULW	AllianzIM US Equity Buffer20 Jul ETF	8.32%
APRW	AllianzIM US Equity Buffer20 Apr ETF	8.30%
SEPW	AllianzIM US Equity Buffer20 Sep ETF	8.30%

Portfolio valuation

Weighted averages of what the fund holds.

P/E: 24.2
P/B: 5.2
P/S: 3.6
P/CF: 18.7

Sector allocation

Share of the equity the fund holds.

Technology40.1%
Financial services11.3%
Communication services9.9%
Health care9.4%
Consumer discretionary8.7%
Industrials7.6%
Consumer staples4.4%
Energy3.4%
Utilities1.9%
Real estate1.7%
Materials1.6%

Asset mix

Stocks99.5%
Cash0.5%

ETF details

Issuer: AllianzIM
Category: Alternatives · Defined Outcome
Ticker: SPBW
Exchange: Cboe BZX
Inception: 7 Jan 2025 (1.8 years)
Structure: Exchange Traded Fund
Expense ratio: 0.79% (category 0.76%)
Holdings turnover: 0% (category 4%)
Distribution yield: 0.00%
Beta, 3 years: 0.00
Total net assets: $94.5M

Prices and returns as of 12 Nov 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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