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QBSV vs SIXJ: which one stands where?

As of Oct 1, 2026 SIXJ can fall 2.5% before its buffer engages and QBSV 0.2%. AllianzIM U.S. Equity Buffer5 ETF - Jan and AllianzIM U.S. Equity Buffer10 ETF - Jan.

0.2%
QBSV can fall this far before its buffer
2.5%
SIXJ can fall this far before its buffer
4.9%
QBSV can still gain
5.5%
SIXJ can still gain
QBSVBetween buffer and cap
Between buffer and capQBSV: reference 0.0% since period start, fund 0.0%; buffer 0 to −5; cap +5.1%; Between buffer and cap.5 pts of buffer+5.1% more to the cap−5.0% floor0% period start+5.1% capTODAY · SPY 0.0%Between buffer and capQBSV: reference 0.0% since period start, fund 0.0%; buffer 0 to −5; cap +5.1%; Between buffer and cap.5 pts−5.0% floor0% start+5.1% capTODAY · SPY 0.0%

QBSV: reference 0.0% since period start, fund 0.0%; buffer 0 to −5; cap +5.1%; Between buffer and 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 of buffer+2.1%+6% more to the cap−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 pts−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.

ETFIQ Downside Cover Score · SIXJ 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 293 buffer ETFs with a live outcome period. It is a position in a set, not a rating, and neither end of it is a recommendation. All buffer ETFs ranked by it → How it is computed →

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

Where each one stands today

QBSV resets first, on Dec 31, 2026, 92 days from now; SIXJ runs to Dec 31, 2026, 92 days. QBSV can still gain 4.9% before its cap, SIXJ 5.5%. A fall from here reaches QBSV’s buffer after 0.2% 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
WindowQBSVSIXJQBSVSIXJ
3 months+2.2%+2.3%−0.3 pts−0.2 pts
6 months+8.2%+10.4%−8.8 pts−6.6 pts
1 yearnot published+11.9%not published−3.8 pts
3 yearsnot published+52.0%not published−33.0 pts

QBSV 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

QBSV
AllianzIM U.S. Equity Buffer5 ETF - Jan · Absorbs the first 5% of loss on SPY and caps the gain at 5.1%, 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 5% 10%
Outcome period Oct 1, 2026 to Dec 31, 2026 Jul 1, 2026 to Dec 31, 2026
Days left 92 92
Starting cap +5.1% +8.2%
Can still gain 4.9% 5.5%
Fall before buffer 0.2% 2.5%
Protection left, index points 5.0% of 5.0% 10.0% of 10.0%
Index return this period 0.0% +2.1%
Fund return this period 0.0% +2.2%
State today Open Open
Expense ratio 0.64% 0.74%
Net assets $27m $152m

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

QBSV in plain words

From its price on Oct 1, 2026, the fund can gain about 4.9% more before it reaches its cap. The fund's price can fall 0.2% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 0.0% from today's level to the point where the buffer begins. Protection left, in index points: 5.0% of the 5.0% 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 has more room to gain, QBSV or SIXJ?
From their prices on Oct 1, 2026, QBSV can gain about 4.9% before its cap and SIXJ about 5.5%, so SIXJ has more room left this period.
Which resets first, QBSV or SIXJ?
QBSV 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, QBSV or SIXJ?
QBSV charges 0.64% a year and SIXJ charges 0.74%, so QBSV is cheaper. Fees come from each fund's prospectus.
Other comparisons
QBSV vs DDSQQBSV vs DDTJQBSV vs DDTOQBSV vs DSEPSIXJ vs PQXSIXJ vs SQMXSIXJ vs TJANSIXJ vs XBJA
SPDR® S&P 500® ETF Trust →QBSV on its own →SIXJ on its own →How every figure is computed →Standards and sources →
Where these figures came from
QBSV and SIXJ filings on SEC EDGAR ↗AllianzIM page for QBSV ↗AllianzIM page for SIXJ ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, QBSV against SIXJ, data as of Oct 1, 2026. https://etfiq.com/compare/buffer/qbsv-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.