SIXJAllianzIM U.S. Large Cap 6 Month Buffer10 Jan/Jul ETF
SIXJ Fund Description
SIXJ aims for specific buffered losses and capped gains on the S&P 500 index over a specific holdings period. The actively-managed fund holds options and collateral.
SIXJ Factset Analytics Insight
SIXJ uses options in an effort to moderate losses on the S&P 500 over a six-month period that starts each January and resets in July (or vice versa). The fund foregoes some upside return as well as the S&P 500’s dividend component, because the options are written on the price (not total) return version of the index. In exchange for preventing realization of the first 10% of the S&P 500’s losses, investors forego upside participation above a certain threshold, which is reset semi-annually. Investors who buy at any other time than the semi-annual reset day may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website. The fund must be held to the end of the period to achieve the intended results. The targeted buffers and caps do not include the fund’s expense ratio. The fund is actively managed, resets semi-annually and uses listed options exclusively.
SIXJ Portfolio Data
SIXJ Index Data
SIXJ Portfolio Management
SIXJ Tax Exposures
SIXJ Fund Structure
SIXJ Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SIXJ. SIXJ is rated a N/A out of 5.
SIXJ Top 10 Holdings
SIXJ Performance Statistics
SIXJ Benchmark Comparison Summary
SIXJ Benchmark Comparison Market Cap Size
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.