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ETFs

AllianzIM U.S. Large Cap Buffer10 Feb ETF

FEBT
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jan 31 2023
Expense Ratio
0.74%
Type
US Equities
Fund Owner
AllianzIM
Volume (1m avg. daily)
$61,052
AUM
$26,475,490
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 01/31/2024 3.01 C
99.12%
n/a
SPY 01/31/2024 406.44 P
1.59%
Cash&Other
Cash&Other
0.08%
n/a
SPY 01/31/2024 486.88 C
-0.18%
n/a
SPY 01/31/2024 365.83 P
-0.62%
Invest with FEBT

What is FEBT?

AllianzIM U.S. Large Cap Buffer10 Feb 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 period described below (the "Outcome Period"), the share price returns of the Underlying ETF (i.e., the market price returns of the Underlying ETF) up to the Cap, while limiting downside losses by the amount of the Buffer. The Fund seeks to provide shareholders that hold shares for the entire Outcome Period with a downside loss buffer against the first 10% 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 toFEBT

ETFs correlated to FEBT include SPUU, DECZ, USPX

FEBT
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer10 Feb ETF
SPUU
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares
DECZ
Listed Funds Trust - TrueShares Structured Outcome (December) ETF
USPX
Franklin Templeton ETF Trust - Franklin U.S. Equity Index ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
SPLG
SPDR Series Trust - SPDR Portfolio S&P 500 ETF
SSO
ProShares Trust - ProShares Ultra S&P500 2x Shares
VOO
Vanguard Group, Inc. - Vanguard S&P 500 ETF
SPXL
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares
SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust
UPRO
ProShares Trust - ProShares UltraPro S&P 500 ETF 3x Shares

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 toFEBT

#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 FEBT using Composer

FAQ

FEBT is a US Equities ETF. AllianzIM U.S. Large Cap Buffer10 Feb 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 period described below (the "Outcome Period"), the share price returns of the Underlying ETF (i.e., the market price returns of the Underlying ETF) up to the Cap, while limiting downside losses by the amount of the Buffer. The Fund seeks to provide shareholders that hold shares for the entire Outcome Period with a downside loss buffer against the first 10% 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.

FEBT tracks the SPDR S&P 500 ETF Trust.

No, FEBT 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, FEBT 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 FEBT is -0.0069%. This is the percent change in the value of FEBT over the most recent 1-month period. The 3-month return on FEBT is 0.0033%. This is the percent change in the value of FEBT over the most recent 3-month period.

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

ETFs correlated to FEBT include SPUU, DECZ, and USPX.

ETFs that are inversely correlated to FEBT 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.