AIOO vs SIXJ: which one stands where?

As of Oct 1, 2026 SIXJ can fall 2.5% before its buffer engages and AIOO 0.0%. AllianzIM U.S. Equity Buffer100 ETF - Jan and AllianzIM U.S. Equity Buffer10 ETF - Jan.

0.0%
AIOO can fall this far before its buffer
2.5%
SIXJ can fall this far before its buffer
uncapped
AIOO can still gain
5.5%
SIXJ can still gain
AIOONo cap
No capAIOO: reference 0.0% since period start, fund 0.0%; buffer Floor; no cap; No cap.full floor beneathfull floor0% period startno cap, 29.83% participationTODAY · SPY 0.0%No capAIOO: reference 0.0% since period start, fund 0.0%; buffer Floor; no cap; No cap.full floor beneathfull floor0% startno capTODAY · SPY 0.0%

AIOO: reference 0.0% since period start, fund 0.0%; buffer Floor; no cap; No cap.

SIXJBetween buffer and cap
Between buffer and capSIXJ: reference +2.1% since period start, fund +2.2%; buffer 0 to −10; cap +8.2%; Between buffer and cap.10 pts−10.0% floor0% period start+8.2% capTODAY · SPY +2.1%Between buffer and capSIXJ: reference +2.1% since period start, fund +2.2%; buffer 0 to −10; cap +8.2%; Between buffer and cap.−10.0% floor0% start+8.2% capTODAY · SPY +2.1%

SIXJ: reference +2.1% since period start, fund +2.2%; buffer 0 to −10; cap +8.2%; Between buffer and cap.

These are two different products. AIOO is a floor fund, which caps how far a holder can fall. SIXJ is a buffer fund, which absorbs the first part of a fall and leaves everything below it with the holder.

AIOO has no cap. It takes 30% of whatever the index does, where SIXJ takes all of the rise up to 8.2% and nothing above it.

Both are AllianzIM funds, so the difference between them is the terms rather than the house.

Where each one stands today

AIOO resets first, on Dec 31, 2026, 92 days from now; SIXJ runs to Dec 31, 2026, 92 days. A fall from here reaches AIOO’s buffer after 0.0% and SIXJ’s after 2.5%. Both track SPY, so what separates them is where each is in its own period.

Every figure is ETFIQ’s own, from the issuer’s published outcome-period terms. A buffer ETF holds FLEX options on its reference index rather than shares, so there is no holdings overlap between two of them to report.

Performance, window by window

Total returnGap to the reference
WindowAIOOSIXJAIOOSIXJ
3 months+0.4%+2.3%−2.1 pts−0.2 pts
6 months+2.9%+10.4%−14.1 pts−6.6 pts
1 year+3.6%+11.9%−12.1 pts−3.8 pts
3 yearsnot published+52.0%not published−33.0 pts

AIOO and SIXJ over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

AIOO
AllianzIM U.S. Equity Buffer100 ETF - Jan · Absorbs the whole loss on SPY and does not cap the gain, over a period ending Dec 31, 2026
SIXJ
AllianzIM U.S. Equity Buffer10 ETF - Jan · Absorbs the first 10% of loss on SPY and caps the gain at 8.2%, over a period ending Dec 31, 2026
Issuer AllianzIM AllianzIM
Reference index SPY SPY
Buffer 100% 10%
Outcome period Oct 1, 2026 to Dec 31, 2026 Jul 1, 2026 to Dec 31, 2026
Days left 92 92
Starting cap uncapped +8.2%
Can still gain uncapped 5.5%
Fall before buffer 0.0% 2.5%
Protection left, index points 100.0% of 100.0% 10.0% of 10.0%
Index return this period 0.0% +2.1%
Fund return this period 0.0% +2.2%
State today Uncapped Open
Expense ratio 0.64% 0.74%
Net assets $50m $152m

AIOO and SIXJ on the same fields, as of Oct 1, 2026. Source: ETFIQ.

AIOO in plain words

This fund has no cap. It takes a share of any further rise in SPY. Protection left, in index points: 100.0% of the 100.0% buffer still sits below today's SPY level. 92 days remained on Oct 1, 2026. On Dec 31, 2026 the period ends and a new cap is set.

SIXJ in plain words

From its price on Oct 1, 2026, the fund can gain about 5.5% more before it reaches its cap. The fund's price can fall 2.5% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 2.1% from today's level to the point where the buffer begins. Protection left, in index points: 10.0% of the 10.0% buffer still sits below today's SPY level.

Questions people ask

Which resets first, AIOO or SIXJ?
AIOO ends its outcome period on Dec 31, 2026 and SIXJ on Dec 31, 2026. A new cap is set the day after each.
Which is cheaper, AIOO or SIXJ?
AIOO charges 0.64% a year and SIXJ charges 0.74%, so AIOO is cheaper. Fees come from each fund's prospectus.
Cite this page

ETFIQ, AIOO against SIXJ, data as of Oct 1, 2026. https://etfiq.com/compare/buffer/aioo-vs-sixj

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.