ETFIQetfiq.com · independent ETF data
SPBX AllianzIM 6 Month Buffer10 Allocation ETF
As of Oct 9, 2026, SPBX's 6 sleeves can still gain 4.4% on average and can fall 3.3% before their buffers.
4.4%
Can still gain, weighted
3.3%
Fall before the buffers, weighted
10.0%
Protection left, weighted, index points
21
Days to the next reset
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| Window | Total return | SPY price return | Gap to SPY |
|---|---|---|---|
| 3M | +2.7% | +3.1% | −0.5 pts |
| 6M | +9.2% | +14.6% | −5.4 pts |
| 1Y | +12.0% | +16.0% | −4.0 pts |
| Since launch | +20.5% | +32.1% | −11.6 pts |
SPY's column is its price return, dividends left out: the basis the outcome period uses. Source: ETFIQ.
In plain words
KindLaddered buffer ETF: a fund of 6 buffer ETFs
Reference indexSPY
SleevesSIXZ, SIXD, SIXJ, SIXF, SIXP, SIXO
Sleeve outcome periodsabout 6 months each, ending on 6 different dates
Weights (N-PORT)its report for Jul 31, 2026
Share of net assets in the sleeves ETFIQ reads100.01%
Can still gain, weighted (ETFIQ)4.4%
Fall before the buffers, weighted (ETFIQ)3.3%
Protection left, weighted, index points (ETFIQ)10.0%
Next sleeve to resetSIXZ on Oct 31, 2026, in 21 days
Days left, weighted (ETFIQ)97
Net assets (N-PORT)$70m on Jul 31, 2026
Expense ratio (485BPOS XBRL, Feb 27, 2026)0.79%
Sleeve SIXZ, 16.47% of net assetsSPY, period ends Oct 31, 2026, can still gain 0.9%, fall before buffer 6.4%
Sleeve SIXD, 16.57% of net assetsSPY, period ends Nov 30, 2026, can still gain 4.6%, fall before buffer 3.3%
Sleeve SIXJ, 16.83% of net assetsSPY, period ends Dec 31, 2026, can still gain 4.3%, fall before buffer 3.7%
Sleeve SIXF, 17.03% of net assetsSPY, period ends Jan 31, 2027, can still gain 4.4%, fall before buffer 3.2%
Sleeve SIXP, 16.98% of net assetsSPY, period ends Feb 28, 2027, can still gain 5.9%, fall before buffer 1.6%
Sleeve SIXO, 16.14% of net assetsSPY, period ends Mar 31, 2027, can still gain 6.1%, fall before buffer 1.5%
How this is computed
Sleeve figures are each issuer’s own, as of the date shown; weights are the fund’s N-PORT; weighted figures are ETFIQ calculations, marked. How these figures are computed
Questions people ask about SPBX
- What does SPBX hold?
- SPBX holds 6 buffer ETFs: SIXZ, SIXD, SIXJ, SIXF, SIXP, SIXO. Its N-PORT for Jul 31, 2026 puts 100.0% of its net assets in them.
- How much can SPBX still gain?
- Weighted by its N-PORT, SPBX's sleeves can still gain 4.4% as of Oct 9, 2026, each sleeve's issuer figure in fund-price terms.
- When does SPBX reset?
- SPBX itself does not reset. Each sleeve resets on its own date; the next is SIXZ on Oct 31, 2026, in 21 days.
Sources and dates
Prices, SPBX and SPY price returnTiingo end-of-day · Oct 9, 2026
Fee, 0.79%Prospectus fee filing on SEC EDGAR ↗
Net assets, $70m on Jul 31, 2026SEC N-PORT
All fund filingsSPBX N-PORT for Jul 31, 2026 on SEC EDGAR ↗
IssuerAllianzIM website ↗
ETFIQ links to the documents behind every figure; a link is not an endorsement.
Cite this page
ETFIQ, SPBX, buffer ETFs, data as of Oct 9, 2026. https://etfiq.com/funds/spbx
ETFIQ. (Oct 9, 2026). SPBX, buffer ETFs. Retrieved from https://etfiq.com/funds/spbx
[SPBX, buffer ETFs (ETFIQ, Oct 9, 2026)](https://etfiq.com/funds/spbx)
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.
Buffer
The first slice of loss the fund absorbs for you over its outcome period, stated on the reference index. A 15% buffer means the index can fall 15% before you take any of it.
The most the fund can return over the period if held from the first day to the last. Quoted gross and net of fees. Set by the option market on day one, so the same fund can have a different cap each year.
The window, usually twelve months and sometimes six or three, over which the buffer and, where there is one, the cap apply. On its last day the options expire, the fund resets, and fresh terms are struck from that day’s option prices.
Reset
The day one outcome period ends and the next begins, with a fresh buffer and fresh terms struck at that day’s level.
How much of the buffer still sits below today’s index level. All of it when the index is above its starting level; less once the index is inside the buffer range.
SPBX, Buffer ETFs, ETFIQ, data as of Oct 9, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. ETFIQ is an independent publisher, is not a fund issuer, broker-dealer or investment adviser, and makes no recommendations.