APRT vs SIXO: Cap, Buffer & Days Left

As of Oct 9, 2026 APRT can fall 11.1% before its buffer engages and SIXO 1.5%. Net assets on Oct 8, 2026: $47m for AllianzIM U.S. Equity Buffer10 ETF - Apr and $120m for AllianzIM U.S. Equity Buffer10 ETF - Apr.

Both cost 0.74% a year; their one-year returns differ by 7.7 points; SIXO is 2.5 times larger.

APRTSIXO
Expense ratio0.74%0.74%
Net assets, as of Oct 8, 2026$47m$120m
Total return, 1 year+16.3%+8.6%
What it tracksSPYSPY
Holdings in commonnot published
Index fall to the buffer16.5%2.0%
11.1%
APRT can fall this far before its buffer
1.5%
SIXO can fall this far before its buffer
4.5%
APRT can still gain
6.1%
SIXO can still gain
APRTAt its cap
At its capAPRT: reference +19.7% since period start, fund +11.6%; buffer 0 to −10; cap +17.3%; At its cap. Figures to Oct 9, 2026.10 pts of buffer+17.3% gain captured−10.0% floor0% period start+17.3% capTODAY · SPY +19.7%At its capAPRT: reference +19.7% since period start, fund +11.6%; buffer 0 to −10; cap +17.3%; At its cap. Figures to Oct 9, 2026.10 pts+17.3% gained−10.0% floor0% start+17.3% capTODAY · SPY +19.7%

APRT: reference +19.7% since period start, fund +11.6%; buffer 0 to −10; cap +17.3%; At its cap. Figures to Oct 9, 2026.

APRT: reference +19.7% since period start, fund +11.6%; buffer 0 to −10; cap +17.3%; At its cap. Figures to Oct 9, 2026.

SIXOBetween buffer and cap
Between buffer and capSIXO: reference +2.1% since period start, fund +1.1%; buffer 0 to −10; cap +7.7%; Between buffer and cap. Figures to Oct 9, 2026.10 pts of buffer+5.6% to cap−10.0% floor0% period start+7.7% cap+2.1% gain capturedTODAY · SPY +2.1%Between buffer and capSIXO: reference +2.1% since period start, fund +1.1%; buffer 0 to −10; cap +7.7%; Between buffer and cap. Figures to Oct 9, 2026.10 pts−10.0% floor0% start+7.7% cap+2.1% gain captured+5.6% more to the capTODAY · SPY +2.1%

SIXO: reference +2.1% since period start, fund +1.1%; buffer 0 to −10; cap +7.7%; Between buffer and cap. Figures to Oct 9, 2026.

Figures to Oct 9, 2026.

ETFIQ Downside Cover Score · SIXO scores higherIf the market falls into a bear market from here, how much does the buffer absorb?
0.2, the lowest in this set99.8, the highest

A percentile among the 292 buffer ETFs on stocks with a live outcome period. Today's position against one 20% fall; it ignores smaller falls, and stock buffers are never ranked against bond or commodity ones. All buffer ETFs ranked by it → How it is computed →

APRT is already at its cap, so more rise in the index adds nothing to it before the period ends.

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

Where each one stands today

APRT resets first, on Mar 31, 2027, 173 days from now; SIXO runs to Mar 31, 2027, 173 days. APRT can still gain 4.5% before its cap, SIXO 6.1%. A fall from here reaches APRT’s buffer after 11.1% and SIXO’s after 1.5%. Both track SPY, so what separates them is where each is in its own period.

Performance, window by window

Total returnGap to the reference's price return
WindowAPRTSIXOAPRTSIXO
3 months+2.9%+2.6%−0.3 pts−0.5 pts
6 months+8.4%+7.0%−6.2 pts−7.6 pts
1 year+16.3%+8.6%+0.3 pts−7.4 pts
3 years+51.9%+34.4%−27.3 pts−44.8 pts

Each fund's gap is to its reference's price return, dividends left out: the basis the outcome period uses. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

APRT
AllianzIM U.S. Equity Buffer10 ETF - Apr · Absorbs the first 10% of loss on SPY and caps the gain at 17.3%, over a period ending Mar 31, 2027
SIXO
AllianzIM U.S. Equity Buffer10 ETF - Apr · Absorbs the first 10% of loss on SPY and caps the gain at 7.7%, over a period ending Mar 31, 2027
Reference index SPY SPY
Buffer 10% 10%
Outcome period Apr 1, 2026 to Mar 31, 2027 Oct 1, 2026 to Mar 31, 2027
Days left 173 173
Starting cap +17.3% +7.7%
Can still gain 4.5% 6.1%
Fall before buffer 11.1% 1.5%
Protection left, index points 10.0% of 10.0% 10.0% of 10.0%
Index return this period +19.7% +2.1%
Fund return this period +11.6% +1.1%
State today At cap Open
Expense ratio 0.74% 0.74%
Net assets, as of Oct 8, 2026 $47m $120m

As of Oct 9, 2026. Source: ETFIQ.

APRT in plain words

SPY had already risen past this fund's cap of +17.3% for the period on Oct 9, 2026, so in index terms there is no more upside to collect. The fund's own price can still drift up to about 4.5% as the period runs out. The fund's price can fall 11.1% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 16.5% 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. 173 days remained on Oct 9, 2026. On Mar 31, 2027 the period ends and a new cap is set.

SIXO in plain words

From its price on Oct 9, 2026, the fund can gain about 6.1% more before it reaches its cap. The fund's price can fall 1.5% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 2.0% from today's level to the point where the buffer begins.

Questions people ask

Which has more room to gain, APRT or SIXO?
From their prices on Oct 9, 2026, APRT can gain about 4.5% before its cap and SIXO about 6.1%, so SIXO has more room left this period.
Which resets first, APRT or SIXO?
APRT ends its outcome period on Mar 31, 2027 and SIXO on Mar 31, 2027. A new cap is set the day after each.
Which is cheaper, APRT or SIXO?
APRT and SIXO both charge 0.74% a year, so neither is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

ETFIQ calculates every figure from each issuer’s published outcome-period terms. Buffer ETFs hold options on an index, not shares, so there is no holdings overlap to report.

Every figure is an ETFIQ calculation with distributions reinvested.

Cite this page

ETFIQ, APRT against SIXO, data as of Oct 9, 2026. https://etfiq.com/compare/buffer/aprt-vs-sixo

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.