ATLASAllianzIM Buffer15 Uncapped Allocation ETF (SPBU): outlook, holdings and fees
AllianzIM Buffer15 Uncapped Allocation ETF (SPBU) is an exchange-traded fund and is managed by AllianzIM. The expense ratio is 77.92% and the yield is 0.00%. The ten largest holdings are 83% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on SPBU
| Last price | $30.31 (+0.4%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 56% |
| Likely 1-month range (50%) | $29.72 – $31.22 |
| Normal 1-day range (±1σ) | ±0.8% |
| Distribution yield | 0.00% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
SPBU fund facts
| Issuer | AllianzIM |
|---|---|
| Theme | Buffered (defined outcome) |
| Assets under management | $197M |
| Expense ratio | 77.92% |
| Number of holdings | 12 |
| Inception | Mar 5, 2025 |
| Exchange | CBOE |
The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing in a laddered portfolio of twelve AllianzIM U.S. Equity Buffer15 Uncapped ETFs ("underlying ETFs"). Under normal market conditions, the fund will invest substantially all of its assets in the underlying ETFs. The fund is non-diversified.
SPBU top holdings
| Holding | Sector | Weight |
|---|---|---|
| AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF JNEU | – | 8.74% |
| AllianzIM U.S. Equity Buffer15 Uncapped May ETF MAYU | – | 8.20% |
| AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF SEPU | – | 8.73% |
| Allianzim U.S. Equity Buffer15 Uncapped Jul ETF JULU | – | 7.97% |
| AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF AUGU | – | 8.01% |
| AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF JANU | – | 8.58% |
| AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF NVBU | – | 8.23% |
| AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF FEBU | – | 8.52% |
| AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF OCTU | – | 8.02% |
| AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF MARU | – | 8.13% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
SPBU sector breakdown
| Sector | Weight |
|---|---|
| Technology | 41.4% |
| Financial Services | 10.9% |
| Communication Services | 9.9% |
| Healthcare | 9.2% |
| Consumer Cyclicals | 8.5% |
| Industrials | 7.3% |
| Consumer Defensive | 4.2% |
| Energy | 3.5% |
| Utilities | 1.8% |
| Real Estate | 1.7% |
| Basic Materials | 1.5% |
By region: North America 99.5%, Europe Developed 0.3%.
SPBU returns and risk
| Year to date | +10.3% |
|---|---|
| 1 year | +12.0% |
| Volatility (3 years) | 0.0% |
| Sharpe ratio (3 years) | 0.00 |
Past returns do not guarantee future results.
SPBU: frequently asked questions
What does SPBU invest in?
AllianzIM Buffer15 Uncapped Allocation ETF invests in a portfolio of securities. Its largest holdings are AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF (8.7%), AllianzIM U.S. Equity Buffer15 Uncapped May ETF (8.2%), AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF (8.7%), Allianzim U.S. Equity Buffer15 Uncapped Jul ETF (8.0%), AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF (8.0%).
What is the SPBU expense ratio?
77.92% a year: about $7,792.00 for every $10,000 invested.
What is the SPBU dividend yield?
0.00%. ATLAS does not hold the exact distribution dates for ETFs.
Will SPBU go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 56%, with a likely range (50%) of $29.72 to $31.22 from $30.31 today. It is a probability, not a prediction.
How has SPBU performed?
Year to date +10.3%, one year +12.0%. Past returns do not guarantee future results.
Similar ETFs: Buffered (defined outcome)
- FT Vest Laddered Buffer ETF (BUFR)
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- FT Vest Laddered Deep Buffer ETF (BUFD)
- FT Vest Laddered Nasdaq Buffer ETF (BUFQ)
- Innovator U.S. Equity Power Buffer ETF - January (PJAN)
- Innovator U.S. Equity Power Buffer ETF - September (PSEP)
- FT Vest Laddered Moderate Buffer ETF (BUFZ)
- Innovator Laddered Allocation Buffer ETF (BUFF)
Educational information, not investment advice. Disclaimer