Key stats
About AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF
Home page
Inception date
Sep 30, 2024
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Allianz Investment Management LLC
Distributor
Foreside Fund Services LLC
ISIN
US00888H5476
OCTU seeks to provide unlimited upside potential, subject to a spread, while preventing the realization of the first 15% of SPDR S&P 500 ETF Trust (SPY) losses. In exchange for this downside protection, investors forgo some upside returns, that is, the spread. The fund also foregoes the S&P 500s dividend component because the options are written on the price (not total) return version of the index. To participate in any positive returns, the fund must exceed the spread, as measured based on market conditions at the end of the outcome period starting each October. Investors who buy at any other time than the annual reset day may have a different protection and buffer zone. Even if shares are held for the entire outcome period, the outcome may differ from the intended results. The targeted buffers and caps do not include the funds expense ratio. The fund is actively managed, resets annually, and uses FLEX options exclusively.
Related funds
Classification
What's in the fund
Exposure type
Rights & Warrants
Bonds, Cash & Other100.00%
Rights & Warrants100.04%
Cash−0.04%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
OCTU trades at 27.28 USD today, its price has risen 0.29% in the past 24 hours. Track more dynamics on OCTU price chart.
OCTU net asset value is 27.20 today — it's risen 1.39% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
OCTU assets under management is 52.39 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
OCTU price has risen by 1.54% over the last month, and its yearly performance shows a 9.26% increase. See more dynamics on OCTU price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.39% over the last month, showed a 6.09% increase in three-month performance and has increased by 7.23% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.39% over the last month, showed a 6.09% increase in three-month performance and has increased by 7.23% in a year.
OCTU fund flows account for 42.95 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
OCTU expense ratio is 0.74%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, OCTU isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, OCTU technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating OCTU shows the sell signal. See more of OCTU technicals for a more comprehensive analysis.
Today, OCTU technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating OCTU shows the sell signal. See more of OCTU technicals for a more comprehensive analysis.
No, OCTU doesn't pay dividends to its holders.
OCTU trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
OCTU shares are issued by Allianz SE
OCTU follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 30, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.