SPBX offers diversified exposure to the S&P 500® with a level of downside protection by investing in the entire suite of AllianzIM U.S. Large Cap Buffer10 ETFs with a 6-month outcome period. Each month, one of the underlying ETFs resets back to a full 10% buffer for its new 6-month outcome period, with an adjusted cap based on market volatility.
The SPBX ETF is actively managed, so it doesn't track an index. We're working to retrieve all detailed holding information.