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ETFs

AllianzIM U.S. Large Cap Buffer10 Sep ETF

SEPT
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 31 2023
Expense Ratio
0.74%
Type
US Equities
Fund Owner
AllianzIM
Volume (1m avg. daily)
—
AUM
$11,546,570
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 08/30/2024 3.33 C
96.79%
n/a
SPY 08/30/2024 450.30 P
6.17%
Cash&Other
Cash&Other
0.57%
n/a
SPY 08/30/2024 537.85 C
-0.31%
n/a
SPY 08/30/2024 405.32 P
-3.22%
Invest with SEPT

What is SEPT?

The AllianzIM U.S. Large Cap Buffer10 Sep 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 September 1, 2023 to August 31, 2024.

ETFs related toSEPT

ETFs correlated to SEPT include SCHX, SPYX, ESGV

SEPT
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer10 Sep ETF
SCHX
Schwab Strategic Trust - Schwab U.S. Large-Cap ETF
SPYX
SPDR Series Trust - SSGA SPDR S&P 500 Fossil Fuel Free ETF
ESGV
Vanguard Group, Inc. - Vanguard ESG U.S. Stock ETF
GSUS
Goldman Sachs ETF Trust - Goldman Sachs MarketBeta U.S. Equity ETF
UPRO
ProShares Trust - ProShares UltraPro S&P 500 ETF 3x Shares
ESGU
iShares Trust - iShares Trust iShares ESG Aware MSCI USA ETF
SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust
STRV
EA Series Trust - Strive 500 ETF
SCHK
Schwab Strategic Trust - Schwab 1000 Index ETF
DECZ
Listed Funds Trust - TrueShares Structured Outcome (December) 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 toSEPT

#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 SEPT using Composer

FAQ

SEPT is a US Equities ETF. The AllianzIM U.S. Large Cap Buffer10 Sep 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 September 1, 2023 to August 31, 2024.

SEPT tracks the SPDR S&P 500 ETF Trust.

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

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

ETFs correlated to SEPT include SCHX, SPYX, and ESGV.

ETFs that are inversely correlated to SEPT include SDS, SPXU, 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.