AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer10 Jul ETF (JULT)

Overview

The AllianzIM U.S. Large Cap Buffer10 Jul ETF (JULB) seeks to provide investment results that correspond to the price return of the S&P 500 Total Return Index, up to a predetermined upside cap, while providing a buffer against the first 10% of losses. It focuses on the US large-cap equity sector and utilizes a defined outcome strategy.

Reputation and Reliability

Allianz Investment Management LLC is a well-established investment manager with a solid reputation.

Management Expertise

Allianz Investment Management has extensive experience in managing structured investment products and ETFs.

Goal

To provide investment results that correspond to the price return of the S&P 500 Total Return Index up to a cap, while buffering against the first 10% of losses over a one-year period beginning in July.

Investment Approach and Strategy

Strategy: The ETF employs a defined outcome strategy utilizing flexible exchange options to provide a buffered downside and capped upside return linked to the S&P 500.

Composition The ETF's assets primarily consist of flexible exchange options that provide the defined outcome linked to the S&P 500.

Market Share: Data not readily available.

Total Net Assets (AUM): 144812436.00

Key Competitors

• Innovator U.S. Equity Buffer ETF (BJUL)
• FT Cboe Vest U.S. Equity Buffer ETF - July (JULY)
• Nationwide Risk-Managed Income ETF (NUSI)

Competitive Landscape

The competitive landscape consists of ETFs offering similar defined outcome strategies. JULB competes on its buffer level, cap rate, expense ratio, and the expertise of Allianz Investment Management. A disadvantage is the limited upside due to the cap and the risk of missing out on market gains exceeding the cap, while advantages include downside protection and predictability within a defined range.

Historical Performance: Historical performance data is available through the fund's factsheet and other financial data providers.

Benchmark Comparison: The ETF's performance is compared to the S&P 500 Total Return Index, considering the buffer and cap.

Expense Ratio: 0.79

Average Trading Volume

The ETF exhibits moderate liquidity with an average trading volume reflecting investor interest in defined outcome strategies.

Bid-Ask Spread

The bid-ask spread is generally tight, reflecting the ETF's liquidity and trading activity.

Market Environment Factors

Economic indicators, interest rates, and market volatility influence the value of the underlying S&P 500 and the options contracts used in the buffer strategy.

Growth Trajectory

Growth trends depend on the adoption of defined outcome strategies, investor demand for downside protection, and the ETF's ability to consistently deliver its defined outcome.

Competitive Edge

JULB's competitive advantage lies in Allianz Investment Management's expertise in structured solutions and defined outcome strategies. The ETF offers a defined level of downside protection and a capped upside, which can be attractive to risk-averse investors. Its defined outcome strategy caters to investors seeking predictability in returns over a one-year investment horizon. The ETF's design allows investors to participate in market gains up to a cap while limiting downside risk.

Volatility

The ETF's volatility is generally lower than the S&P 500 due to the buffer, but performance can still be subject to market fluctuations.

Market Risk

Market risk is present as the ETF's performance is linked to the S&P 500. The cap limits upside potential, and the buffer only protects against the first 10% of losses. The flexible exchange options may not perform as expected.

Ideal Investor Profile

The ideal investor is risk-averse, seeking downside protection while still participating in potential market gains up to a defined cap. It is suited for investors with a one-year investment horizon.

Market Risk

This ETF is best suited for investors with a short-term investment horizon (one year) who prioritize downside protection and are willing to forgo unlimited upside potential.

The AllianzIM U.S. Large Cap Buffer10 Jul ETF (JULB) offers a defined outcome strategy, providing a buffer against the first 10% of losses in the S&P 500 while capping upside potential. It's suitable for risk-averse investors with a one-year investment horizon seeking some market participation with limited downside. Allianz Investment Management's expertise in structured solutions provides a competitive advantage. Investors should be aware of the capped upside and the limitations of the buffer in extreme market downturns. The ETF's performance depends on the S&P 500's movements and the effectiveness of the options strategy.

Data Sources:

• Allianz Investment Management LLC Factsheet
• ETF.com
• Morningstar

Disclaimers:

This analysis is based on publicly available information and should not be considered investment advice. Investment decisions should be based on individual circumstances and consultation with a financial advisor. Market share data may be estimated.