# SEPT (AllianzIM U.S. Equity Buffer10 ETF - Sep)

AllianzIM · Buffer ETFs · data as of Sep 11, 2026

As of Sep 11, 2026, SEPT's buffer is absorbing losses, with 9.6% of 10.0% points still beneath SPY.

## Key facts

- SEPT, can still gain: 16.9%, as of Sep 11, 2026.
- SEPT, fall before the buffer: 0.6%, as of Sep 11, 2026.
- SEPT, protection left, index points: 9.6%, as of Sep 11, 2026.
- SEPT, days to reset: 354, as of Sep 11, 2026.
- SEPT, net assets: $34m (issuer page, as of Sep 10, 2026).
- SEPT, expense ratio: 0.74% (issuer page, Sep 11, 2026).

## SEPT over each window to Sep 11, 2026

| Window | Total return | SPY | Gap to SPY |
| --- | --- | --- | --- |
| 3 months | +3.0% | +3.3% | −0.3 pts |
| 6 months | +10.9% | +16.0% | −5.2 pts |
| 1 year | +12.4% | +17.5% | −5.1 pts |
| 3 years | +54.3% | +77.9% | −23.5 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Reference index | SPY | ETFIQ |
| Buffer | 10% | ETFIQ |
| Outcome period | Sep 1, 2026 to Aug 31, 2027 | ETFIQ |
| Starting cap | +17.5% | ETFIQ |
| SPY return since period start | −0.4% | ETFIQ |
| Fund return since period start | −0.1% | ETFIQ |
| Net assets | $34m | issuer page, as of Sep 10, 2026 |
| Band state today | Buffer working | ETFIQ |
| Can still gain | 16.9% | issuer, fund price |
| Fall before buffer | 0.6% | issuer, fund price |
| Fall to the buffer in index terms | 0.0% | ETFIQ |
| Protection left in index points | 9.6% of 10.0% | ETFIQ |
| Days left in period | 354 | ETFIQ |
| Expense ratio | 0.74% | issuer page, Sep 11, 2026 |

## Questions

### How much can SEPT still gain?

About 16.9% from its price on Sep 11, 2026, before it reaches its cap, by the issuer's published figure. The cap for the period was set at +17.5%.

### How far can SEPT fall before the buffer helps?

0.6% in fund-price terms on Sep 11, 2026, by the issuer's figure. In index terms SPY can fall 0.0% from that level before the buffer begins. Losses until that point are the holder's.

### How much of the SEPT buffer is left?

9.6% of the 10.0% buffer sat below the SPY level on Sep 11, 2026. That is an ETFIQ calculation in index points, on one definition for every issuer.

### When does SEPT reset?

The outcome period ends on Aug 31, 2027, 354 days from the data on Sep 11, 2026. A new cap is set the next day and the buffer starts again.

### What does SEPT cost?

The prospectus expense ratio is 0.74% a year.


## Cite this page

ETFIQ, SEPT, data as of Sep 11, 2026. https://etfiq.com/funds/sept
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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