{
 "ticker": "SPBX",
 "name": "AllianzIM 6 Month Buffer10 Allocation ETF",
 "issuer": "AllianzIM",
 "desk": "buffer",
 "url": "https://etfiq.com/funds/spbx",
 "html": "https://etfiq.com/funds/spbx",
 "markdown": "https://etfiq.com/funds/spbx.md",
 "as_of": "2026-10-09",
 "verdict": "As of Oct 9, 2026, SPBX's 6 sleeves can still gain 4.4% on average and can fall 3.3% before their buffers.",
 "key_facts": [
  {
   "key": "can_still_gain_weighted",
   "label": "Can still gain, weighted",
   "value": "4.4%",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "SPBX, can still gain, weighted: 4.4%, as of Oct 9, 2026."
  },
  {
   "key": "fall_before_the_buffers_weighted",
   "label": "Fall before the buffers, weighted",
   "value": "3.3%",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "SPBX, fall before the buffers, weighted: 3.3%, as of Oct 9, 2026."
  },
  {
   "key": "protection_left_weighted_index_points",
   "label": "Protection left, weighted, index points",
   "value": "10.0%",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "SPBX, protection left, weighted, index points: 10.0%, as of Oct 9, 2026."
  },
  {
   "key": "days_to_the_next_reset",
   "label": "Days to the next reset",
   "value": "21",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "SPBX, days to the next reset: 21, as of Oct 9, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$70m on Jul 31, 2026",
   "source": "N-PORT",
   "as_of": "2026-10-09",
   "sentence": "SPBX, net assets: $70m on Jul 31, 2026 (N-PORT)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.79%",
   "source": "485BPOS XBRL, Feb 27, 2026",
   "as_of": "2026-10-09",
   "sentence": "SPBX, expense ratio: 0.79% (485BPOS XBRL, Feb 27, 2026)."
  }
 ],
 "fields": [
  {
   "key": "kind",
   "label": "Kind",
   "value": "Laddered buffer ETF: a fund of 6 buffer ETFs",
   "source": null
  },
  {
   "key": "reference_index",
   "label": "Reference index",
   "value": "SPY",
   "source": null
  },
  {
   "key": "sleeves",
   "label": "Sleeves",
   "value": "SIXZ, SIXD, SIXJ, SIXF, SIXP, SIXO",
   "source": null
  },
  {
   "key": "sleeve_outcome_periods",
   "label": "Sleeve outcome periods",
   "value": "about 6 months each, ending on 6 different dates",
   "source": null
  },
  {
   "key": "weights",
   "label": "Weights",
   "value": "its report for Jul 31, 2026",
   "source": "N-PORT"
  },
  {
   "key": "share_of_net_assets_in_the_sleeves_etfiq_reads",
   "label": "Share of net assets in the sleeves ETFIQ reads",
   "value": "100.01%",
   "source": null
  },
  {
   "key": "can_still_gain_weighted",
   "label": "Can still gain, weighted",
   "value": "4.4%",
   "source": "ETFIQ"
  },
  {
   "key": "fall_before_the_buffers_weighted",
   "label": "Fall before the buffers, weighted",
   "value": "3.3%",
   "source": "ETFIQ"
  },
  {
   "key": "protection_left_weighted_index_points",
   "label": "Protection left, weighted, index points",
   "value": "10.0%",
   "source": "ETFIQ"
  },
  {
   "key": "next_sleeve_to_reset",
   "label": "Next sleeve to reset",
   "value": "SIXZ on Oct 31, 2026, in 21 days",
   "source": null
  },
  {
   "key": "days_left_weighted",
   "label": "Days left, weighted",
   "value": "97",
   "source": "ETFIQ"
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$70m on Jul 31, 2026",
   "source": "N-PORT"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.79%",
   "source": "485BPOS XBRL, Feb 27, 2026"
  },
  {
   "key": "sleeve_sixz_16_47_of_net_assets",
   "label": "Sleeve SIXZ, 16.47% of net assets",
   "value": "SPY, period ends Oct 31, 2026, can still gain 0.9%, fall before buffer 6.4%",
   "source": null
  },
  {
   "key": "sleeve_sixd_16_57_of_net_assets",
   "label": "Sleeve SIXD, 16.57% of net assets",
   "value": "SPY, period ends Nov 30, 2026, can still gain 4.6%, fall before buffer 3.3%",
   "source": null
  },
  {
   "key": "sleeve_sixj_16_83_of_net_assets",
   "label": "Sleeve SIXJ, 16.83% of net assets",
   "value": "SPY, period ends Dec 31, 2026, can still gain 4.3%, fall before buffer 3.7%",
   "source": null
  },
  {
   "key": "sleeve_sixf_17_03_of_net_assets",
   "label": "Sleeve SIXF, 17.03% of net assets",
   "value": "SPY, period ends Jan 31, 2027, can still gain 4.4%, fall before buffer 3.2%",
   "source": null
  },
  {
   "key": "sleeve_sixp_16_98_of_net_assets",
   "label": "Sleeve SIXP, 16.98% of net assets",
   "value": "SPY, period ends Feb 28, 2027, can still gain 5.9%, fall before buffer 1.6%",
   "source": null
  },
  {
   "key": "sleeve_sixo_16_14_of_net_assets",
   "label": "Sleeve SIXO, 16.14% of net assets",
   "value": "SPY, period ends Mar 31, 2027, can still gain 6.1%, fall before buffer 1.5%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "+2.7%",
   "SPY price return": "+3.1%",
   "Gap to SPY": "\u22120.5 pts"
  },
  {
   "window": "6 months",
   "Total return": "+9.2%",
   "SPY price return": "+14.6%",
   "Gap to SPY": "\u22125.4 pts"
  },
  {
   "window": "1 year",
   "Total return": "+12.0%",
   "SPY price return": "+16.0%",
   "Gap to SPY": "\u22124.0 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+20.5%",
   "SPY price return": "+32.1%",
   "Gap to SPY": "\u221211.6 pts"
  }
 ],
 "questions": [
  {
   "q": "What does SPBX hold?",
   "a": "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."
  },
  {
   "q": "How much can SPBX still gain?",
   "a": "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."
  },
  {
   "q": "When does SPBX reset?",
   "a": "SPBX itself does not reset. Each sleeve resets on its own date; the next is SIXZ on Oct 31, 2026, in 21 days."
  }
 ],
 "generated": "2026-10-09",
 "license": "https://etfiq.com/license/",
 "license_text": "Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.",
 "citation": "ETFIQ, SPBX, buffer ETFs, data as of Oct 9, 2026. https://etfiq.com/funds/spbx"
}