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ETFs

AllianzIM U.S. Large Cap Buffer20 Sep ETF

SEPW
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 31 2023
Expense Ratio
0.74%
Type
US Equities
Fund Owner
AllianzIM
Volume (1m avg. daily)
—
AUM
$23,940,081
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 3.38 C
95.66%
n/a
SPY 08/30/2024 450.40 P
6.11%
Cash&Other
Cash&Other
0.75%
n/a
SPY 08/30/2024 511.37 C
-0.88%
n/a
SPY 08/30/2024 360.28 P
-1.63%
Invest with SEPW

What is SEPW?

The AllianzIM U.S. Large Cap Buffer20 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 toSEPW

ETFs correlated to SEPW include GAUG, PSEP, SCHX

SEPW
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer20 Sep ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
PSEP
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - September
SCHX
Schwab Strategic Trust - Schwab U.S. Large-Cap ETF
GJUL
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - July
GSUS
Goldman Sachs ETF Trust - Goldman Sachs MarketBeta U.S. Equity ETF
SNPE
DBX ETF Trust - Xtrackers S&P 500 ESG ETF
VONE
Vanguard Group, Inc. - Vanguard Russell 1000 Index ETF
SCHK
Schwab Strategic Trust - Schwab 1000 Index ETF
VOTE
Engine No. 1 ETF Trust - Engine No. 1 Transform 500 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.

FAQ

SEPW is a US Equities ETF. The AllianzIM U.S. Large Cap Buffer20 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.

SEPW tracks the SPDR S&P 500 ETF Trust.

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

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

ETFs correlated to SEPW include GAUG, PSEP, and SCHX.

ETFs that are inversely correlated to SEPW include SDS, SPXS, and SPXU.

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.