Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
APRW
Upturn stock ratingUpturn stock rating

AllianzIM U.S. Large Cap Buffer20 Apr ETF (APRW)

Upturn stock ratingUpturn stock rating
$33.44
Last Close (24-hour delay)
Profit since last BUY1.55%
upturn advisory
Consider higher Upturn Star rating
BUY since 10 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

07/03/2025: APRW (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type ETF
Historic Profit 13.02%
Avg. Invested days 56
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 5.0
ETF Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 07/03/2025

Key Highlights

Volume (30-day avg) -
Beta 0.39
52 Weeks Range 30.02 - 33.65
Updated Date 06/29/2025
52 Weeks Range 30.02 - 33.65
Updated Date 06/29/2025

ai summary icon Upturn AI SWOT

AllianzIM U.S. Large Cap Buffer20 Apr ETF

stock logo

ETF Overview

overview logo Overview

The AllianzIM U.S. Large Cap Buffer20 Apr ETF (NYSEARCA: AZBA) is a defined outcome ETF designed to provide investors with a capped upside and a buffer against the first 20% of losses in the S&P 500 Index over a one-year outcome period, beginning in April. The ETF uses FLEX Options to achieve this strategy.

reliability logo Reputation and Reliability

Allianz Investment Management LLC (AllianzIM) is a well-established asset manager, known for its innovative investment solutions and risk management expertise.

reliability logo Management Expertise

The management team at AllianzIM possesses extensive experience in options strategies and ETF management, ensuring disciplined execution and risk control.

Investment Objective

overview logo Goal

To provide investors with a buffered exposure to the S&P 500 Index, protecting against the first 20% of losses while offering capped upside potential.

Investment Approach and Strategy

Strategy: The ETF utilizes FLEX Options to create a defined outcome strategy linked to the S&P 500 Index.

Composition The ETF primarily holds FLEX Options on the S&P 500 Index. It may also hold cash or other short-term investments.

Market Position

Market Share: AZBA holds a niche market share within the defined outcome ETF space.

Total Net Assets (AUM): 74690281

Competitors

overview logo Key Competitors

  • Innovator U.S. Equity Buffer ETF (BJUL)
  • Simplify US Equity PLUS Downside Convexity ETF (SPYC)
  • FT Cboe Vest U.S. Equity Deep Buffer ETF (DAUG)

Competitive Landscape

The defined outcome ETF market is competitive, with numerous providers offering various buffer levels and outcome periods. AZBA competes on its buffer of 20% and the reputable AllianzIM brand, but faces competition from larger, more established players. Advantages include the AllianzIM expertise. Disadvantages include its relative smaller AUM compared to competitors.

Financial Performance

Historical Performance: Historical performance data is readily available on financial websites. However, because it's a defined outcome ETF, performance depends on market movements over the defined outcome period and needs to be compared considering the capped upside and downside protection.

Benchmark Comparison: The ETF's performance should be compared to the S&P 500 Index, considering the capped upside and downside protection it provides. Outperformance or underperformance should be evaluated based on the investor's risk tolerance and objectives.

Expense Ratio: 0.74

Liquidity

Average Trading Volume

AZBA's average trading volume, around several thousand shares daily, indicates moderate liquidity.

Bid-Ask Spread

The bid-ask spread for AZBA is generally reasonable, typically ranging from $0.01 to $0.05, indicating efficient trading.

Market Dynamics

Market Environment Factors

AZBA's performance is influenced by overall market sentiment, S&P 500 volatility, and interest rate movements. Expectations of market corrections or periods of high volatility may increase demand for buffered products like AZBA.

Growth Trajectory

AZBA's growth trajectory depends on investor demand for defined outcome ETFs, particularly during periods of market uncertainty. Changes to its strategy or holdings may occur to adapt to market conditions.

Moat and Competitive Advantages

Competitive Edge

AZBA's competitive edge lies in its association with AllianzIM, a reputable financial institution known for its risk management expertise and innovative investment products. The defined outcome strategy offers a unique value proposition to investors seeking downside protection with capped upside potential. The ETF's structured approach to managing market risk can be attractive to risk-averse investors. It can also serve as a portfolio diversifier. Finally, its FLEX options strategy can potentially enhance returns in specific market conditions.

Risk Analysis

Volatility

AZBA's volatility is generally lower than the S&P 500 due to its buffer against losses. However, the capped upside also limits potential gains during bull markets.

Market Risk

The primary market risk is the performance of the S&P 500 Index. The ETF is also subject to options risk, including potential changes in option pricing and liquidity.

Investor Profile

Ideal Investor Profile

AZBA is ideal for risk-averse investors seeking downside protection in their large-cap equity exposure. It suits investors who are willing to forego some potential upside in exchange for a buffer against market declines.

Market Risk

AZBA is best suited for long-term investors who understand defined outcome strategies. It is not ideal for active traders seeking high returns in short periods.

Summary

The AllianzIM U.S. Large Cap Buffer20 Apr ETF (AZBA) is a defined outcome ETF offering a 20% downside buffer against S&P 500 losses, with a capped upside. Managed by AllianzIM, it provides risk-averse investors with a unique strategy for managing market volatility. While it limits potential gains, it offers a level of protection against market downturns. Its performance depends on the S&P 500's movements within the outcome period, making it suitable for long-term investors with a defined risk tolerance. However, its relatively smaller size may influence its liquidity.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • AllianzIM Website
  • ETF.com
  • Morningstar
  • Yahoo Finance

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Investors should conduct their own research and consult with a financial advisor before making any investment decisions. Market share estimates are approximate and based on publicly available data.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About AllianzIM U.S. Large Cap Buffer20 Apr ETF

Exchange NYSE ARCA
Headquaters -
IPO Launch date -
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

Under normal market conditions, the fund invests at least 80% of its net assets in instruments with economic characteristics similar to U.S. large cap equity securities. Specifically, the manager intends to invest substantially all of the fund's assets in FLexible EXchange Options (FLEX Options) that reference the Underlying ETF. The fund is non-diversified.