AllianzIMDefined OutcomeBuffer#119 of 318 by YTD

AllianzIM U.S. Equity Buffer20 Mar ETFMARW

1D 1M 3M YTD 1Y 3Y5YMAX

S&P 500 Bucket avg Compare

$36.59+0.1%

+$0.05 · Nov 6 close

Buy

AUM: $85M
Fee: 0.74%
Yield: 0.0%

Bumpy · 1Y: 0.3×S&P
Volume: 2K
NAV: $36.49

52-week range2% below the high

$33.50$37.17

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+0.1%	−1.2%	−0.1%	+6.6%	+8.2%	+38.2%	—	+46.4%
Peer average	+0.2%	+92.6%	+96.4%	+6.1%	+7.6%	+44.9%	+49.6%	—
S&P 500 · VOO	+0.3%	−5.0%	−4.6%	+8.7%	+9.8%	+80.8%	+71.8%	—

MARW in One Breath

MARW Among Buffer ETFs

YTD

#1BAPRInnovator+12.3%$408M

#2QMARFirst Trust+11.8%$603M

#3APRTAllianzIM+11.7%$46.4M

#4FMARFirst Trust+11.6%$1.2B

#5PQAPPGIM+11.5%$31.3M

#6RSSEFirst Trust+11.3%$35.6M

#7KOCTInnovator+11.3%$169M

#8KFEBInnovator+11.0%$37.9M

#115MARWAllianzIM+6.6%$84.8M

End-of-day Nov 8, 2026 · 289 Buffer ETFs by YTD

$10,000 in MARW

$10,000 in MARW became

$14,636

In the S&P 500 (VOO)

$19,515

Total return, dividends in · Feb 28, 2023 – Nov 6, 2026 · S&P 500 uses VOO

MARW Returns by Period

Today

YTD

MAX

MARW

+0.1%

−1.2%

−0.1%

+6.6%

+8.2%

+38.2%

—

+46.4%

Peer average

+0.2%

+92.6%

+96.4%

+6.1%

+7.6%

+44.9%

+49.6%

—

S&P 500 · VOO

+0.3%

−5.0%

−4.6%

+8.7%

+9.8%

+80.8%

+71.8%

—

End-of-day Nov 8, 2026 · total return, dividends in · peers = 374 Buffer ETFs

MARW’s Defined Outcome Rank

YTD

#119of 318
defined outcome ETFs

Best · SIXH+14.7%

MARW+6.6%

Average+5.9%

Worst · KBUF−16.9%

Defined Outcome ETFs by YTD return · Nov 8, 2026

MARW Price and 52-Week Range

From the 52-week high

−1.6%

From the 52-week low

+9.2%

Today $36.59 – $36.64

Previous close $36.54

$36.59 now

52-week low$33.5052-week high$37.17

End-of-day Nov 8, 2026 · box = today’s range, dashed = previous close

MARW’s Share of Buffer ETFs

Today

0.1%

of the $85.5B in 375 Buffer ETFs

MARW$84.8M0.1%

BUFR$10.8B12.6%

BUFD$2.2B2.6%

372 others$72.5B84.7%

Buffer ETF AUM · Nov 8, 2026

MARW Fee per $100 vs Peers

Today

$0.74a year
per $100

$74 a year on $10,000

BUFR$0.10

BUFD$0.10

BUFQ$0.10

MARW$0.74

FJAN$0.85

FMAY$0.85

Expense ratio · Buffer peers · Nov 8, 2026

Inside MARW

5 holdings

MARW

AllianzIM U.S. Equity Buffer20 Mar ETF

Today

MARW reports no holdings we can show: […]

AllianzIM MARW · holdings

How It Compares

MARW

AllianzIM U.S. Equity Buffer20 Mar ETF’s Peers

YTD


BUFR	First TrustRead Desk	0.10%	+7.1%	+8.9%	$10.8B
BUFD	First TrustRead Desk	0.10%	+6.1%	+7.6%	$2.2B
BUFQ	First TrustRead Desk	0.10%	+6.0%	+7.7%	$1.6B
FJAN	First TrustRead Desk	0.85%	+7.1%	+9.4%	$1.5B
FMAY	First TrustRead Desk	0.85%	+4.8%	+6.4%	$1.5B
MARW	AllianzIMThis fundRead Desk	0.74%	+6.6%	+8.2%	$85M

Buffer peers · YTD and past-year returns · as of Nov 8, 2026 · sorted by AUM

Head to Head

Put MARW head to head with BUFR →

BUFR vs MARW

YTD

BUFRFirst Trust · BufferMARWAllianzIM · Buffer

Year to date

+7.1%

+6.6%

BUFR wins+0.6 pts

Past year

+8.9%

+8.2%

BUFR wins+0.7 pts

Fee

0.10%

0.74%

BUFR winslower fee

Yield

0.0%

Level

AUM

$10.8B

$84.8M

BUFR127.3× more

3–0BUFR wins

First Trust BUFR and AllianzIM MARW · year-to-date · as of Nov 8, 2026 · AUM not scored

MARW vs VOO

YTD

MARW · AllianzIM U.S. Equity Buffer20 Mar

+6.6%

VOO · S&P 500

+8.7%

Gap

2.2 pts

AllianzIM MARW and Vanguard VOO · YTD total return · as of Nov 8, 2026

MARW vs Its Peer Average

YTD

MARWAvsBPeer average

1D+0.1%+0.2%

1M−1.2%+92.6%

3M−0.1%+96.4%

YTD+6.6%+6.1%

1Y+8.2%+7.6%

3Y+38.2%+44.9%

5Y[…]+49.6%

2–4Peer average wins

374 Buffer peers · each row scaled to its leader

How Bumpy Is MARW?

View

MARW

How Bumpy

0.3×the S&P 500’s swings

CalmerBumpierS&P 1×MARW

Calmest of 7 buffer fundsMARW

Other buffer funds0.4× to 0.8×

AllianzIM MARW · daily swings over the past year vs the S&P 500

MARW

Worst Drop

−3.4%from its Feb 26 high

Still below the high−1.4%

$10,000 at the high is now$9,860

AllianzIM MARW · fall from the highest close, past year

MARW

On a Bad Day

0.2×the S&P 500’s fall

MARW’s worst day: Thursday, Nov 5

MARW

−1.6%

S&P 500

−4.4%

Up days57 of every 100

S&P 500 up days52 of every 100

AllianzIM MARW · average move on days the S&P 500 fell

MARW

Return for the Bumps

1Y#1 of 7 buffer funds

#1MARWAllianzIM

most for the bumps

#2FJANFirst Trust

#3BUFRFirst Trust

#4BUFDFirst Trust

#5FAUGFirst Trust

#6FMAYFirst Trust

#7BUFQFirst Trust

Ranked by return above cash for each unit of bumpiness (Sharpe ratio) · cash = 3.8%

MARW

Cost

Today

$74a year per $10,000

BUFR

$10

BUFD

$10

BUFQ

$10

MARW

$74

FJAN

$85

FMAY

$85

FAUG

$85

Expense ratio 0.74%, taken from the fund’s value

MARW

Volatility & Beta

4.6%annual volatility

S&P 500 volatility13.6%

Downside volatility3.2%

Beta vs SPY0.31

Correlation vs SPY0.92

Lowest beta of 7 buffer fundsMARW

Daily total returns × √252 · past 254 trading days

MARW

Max Drawdown

−3.4%peak to trough

Peak closeFeb 26, 2026

Current drawdown−1.4%

Worst day−1.56% · Nov 5

Closing prices, dividends in

MARW

Up / Down Capture

24%down capture vs SPY

Down days

24%

Up days

32%

S&P 500

100%

Up ÷ down capture1.29

Up days57.5% (S&P 52.0%)

Average daily move on SPY up days and down days

MARW

Sharpe & Sortino vs Peers

Fund	Sharpe	Sortino	Volatility	Max DD	Beta	Fee / $10k
MARW	1.08	1.54	4.6%	−3.4%	0.31	$74
FJAN	0.68	0.96	8.0%	−5.9%	0.57	$85
BUFR	0.66	0.91	7.4%	−4.6%	0.53	$10
BUFD	0.64	0.90	5.7%	−3.4%	0.41	$10
FAUG	0.47	0.64	7.8%	−5.3%	0.54	$85
FMAY	0.32	0.44	7.9%	−4.2%	0.56	$85
BUFQ	0.31	0.43	10.6%	−8.2%	0.71	$10

Sharpe = (return − 3.8% cash) ÷ volatility · Sortino uses downside volatility only

MARW

Trading

Today

+0.27%above its holdings’ value

Close$36.59

NAV$36.49

Fee per $10,000$74 a year

Avg. volume 30D1K shares

Premium / discount history starts once daily NAV is saved

Close vs net asset value, Nov 6

The Details

MARW

Fund Facts

Today

2023launched Feb 28

Tracks[…]

Exchange · CUSIPCBOE · 00888H778

StructureETF

Leverage1x

Cost on $10,000$74 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

AllianzIM MARW · fund facts · as of Nov 8, 2026

MARW

Payouts by Year

Today

$0no payouts on record

MARW does not pay a distribution.

Distribution yield0.0%

Paid[…]

Latest ex-date · paid[…]

12 payouts added up[…]

AllianzIM MARW · distributions by ex-date

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

Trading & Liquidity

Net asset value$36.49

Premium / discount[…]

Median spread · 30D[…]

Volume today2K

Average volume · 30D1K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.74%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$74.00

Our risk indicator3/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

No payouts on record: […]

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