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ETFs

AllianzIM U.S. Large Cap Buffer20 Jun ETF

JUNW
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 31 2023
Expense Ratio
0.74%
Type
US Equities
Fund Owner
AllianzIM
Volume (1m avg. daily)
$182,682
AUM
$67,285,575
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 05/31/2024 3.13 C
99.13%
n/a
SPY 05/31/2024 417.89 P
3.22%
Cash&Other
Cash&Other
0.52%
n/a
SPY 05/31/2024 334.28 P
-0.80%
n/a
SPY 05/31/2024 473.34 C
-2.08%
Invest with JUNW

What is JUNW?

The AllianzIM U.S. Large Cap Buffer20 JUN ETF (the "Fund") seeks to match the returns of the S&P 500 Index up to a stated upside Cap, while providing a Buffer against the first 20% of the S&P 500 Index losses for the currently effective Outcome Period from June 1, 2023 to April 30, 2024.

ETFs related toJUNW

ETFs correlated to JUNW include GAUG, AUGW, FFEB

JUNW
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer20 Jun ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
AUGW
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer20 Aug ETF
FFEB
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - February
GJUN
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - June
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
FNOV
First Trust Exchange-Traded Fund VIII - First Trust Cboe Vest U.S. Equity Buffer ETF - November
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August

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

JUNW is a US Equities ETF. The AllianzIM U.S. Large Cap Buffer20 JUN ETF (the "Fund") seeks to match the returns of the S&P 500 Index up to a stated upside Cap, while providing a Buffer against the first 20% of the S&P 500 Index losses for the currently effective Outcome Period from June 1, 2023 to April 30, 2024.

JUNW tracks the SPDR S&P 500 ETF Trust.

No, JUNW 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, JUNW 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 JUNW is -0.0003%. This is the percent change in the value of JUNW over the most recent 1-month period. The 3-month return on JUNW is 0.0072%. This is the percent change in the value of JUNW over the most recent 3-month period.

ETFs similar to JUNW include DAUG, FAUG, and BALT.

ETFs correlated to JUNW include GAUG, AUGW, and FFEB.

ETFs that are inversely correlated to JUNW include SH, SPXS, and SDS.

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.