Aim Etf Products Etf Profile
| SIXJ Etf | USD 27.57 0.13 0.47% |
Performance5 of 100
| Odds Of DistressLess than 9
|
AIM ETF is selling for 27.57 as of the 24th of April 2024. This is a 0.47% increase since the beginning of the trading day. The etf's last reported lowest price was 27.55. AIM ETF has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for AIM ETF Products are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent of its net assets in instruments with economic characteristics similar to U.S. large cap equity securities. Aim US is traded on NYSEARCA Exchange in the United States. More on AIM ETF Products
Moving together with AIM Etf
| 0.94 | BUFR | First Trust Cboe | PairCorr |
| 0.94 | BUFD | FT Cboe Vest | PairCorr |
| 0.94 | PSEP | Innovator SP 500 | PairCorr |
| 0.93 | PJAN | Innovator SP 500 | PairCorr |
| 0.93 | ACIO | Aptus Collared me | PairCorr |
| 0.94 | PJUL | Innovator SP 500 | PairCorr |
Moving against AIM Etf
| 0.8 | CCOR | Core Alternative ETF | PairCorr |
AIM Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. AIM ETF's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding AIM ETF or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Large Cap ETFs, Size And Style ETFs, Options Trading, AllianzIM (View all Sectors) |
| Issuer | Allianz Investment Management |
| Inception Date | 2021-12-31 |
| Benchmark | S&P 500 Price Return Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 98.27 Million |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Large Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Brown Brothers Harriman & Co. |
| Advisor | Allianz Investment Management LLC |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Thomas Paustian, Josiah Highmark |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 30-Sep |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 5.0 |
| Market Maker | Jane Street |
| Total Expense | 0.74 |
| Management Fee | 0.74 |
| Country Name | USA |
| Returns Y T D | 3.38 |
| Name | AIM ETF Products Trust |
| Currency Code | USD |
| Open Figi | BBG014086N32 |
| 1y Volatility | 6.88 |
| 200 Day M A | 25.9268 |
| 50 Day M A | 27.4942 |
| Code | SIXJ |
| Updated At | 23rd of April 2024 |
| Currency Name | US Dollar |
| Type | ETF |
AIM ETF Products [SIXJ] is traded in USA and was established 2021-12-31. The fund is listed under Options Trading category and is part of AllianzIM family. The entity is thematically classified as Large Cap ETFs. AIM ETF Products at this time have 25.18 M in assets. , while the total return for the last year was 14.8%.
Check AIM ETF Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on AIM Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding AIM Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as AIM ETF Products Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top AIM ETF Products Etf Constituents
| XSP 06/30/2022 476.62 P | 1.08% |
| SPX 06/30/2022 4766.18 P | 12.56% |
| SPX 06/30/2022 6196.03 P | 41.53% |
| XSP 06/30/2022 619.60 P | 3.57% |
| SPX 06/30/2022 6196.03 C | 1.08% |
| XSP 06/30/2022 501.88 C | 1.08% |
| XSP 06/30/2022 619.60 C | 1.08% |
| SPX 06/30/2022 5018.79 C | 1.08% |
| XSP 06/30/2022 309.80 C | 3.92% |
| SPX 06/30/2022 3098.02 C | 45.62% |
AIM ETF Target Price Odds Analysis
Based on a normal probability distribution, the odds of AIM ETF jumping above the current price in 90 days from now is about 25.58%. The AIM ETF Products probability density function shows the probability of AIM ETF etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days AIM ETF has a beta of 0.2868. This usually implies as returns on the market go up, AIM ETF average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding AIM ETF Products will be expected to be much smaller as well. Additionally, aIM ETF Products has an alpha of 0.0102, implying that it can generate a 0.0102 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of AIM ETF to move above the current price in 90 days from now is about 25.58 (This AIM ETF Products probability density function shows the probability of AIM Etf to fall within a particular range of prices over 90 days) .
AIM ETF Products Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. AIM ETF market risk premium is the additional return an investor will receive from holding AIM ETF long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in AIM ETF. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although AIM ETF's alpha and beta are two of the key measurements used to evaluate AIM ETF's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0463 | |||
| Jensen Alpha | 0.0102 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.08) |
AIM ETF Against Markets
Picking the right benchmark for AIM ETF etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in AIM ETF etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for AIM ETF is critical whether you are bullish or bearish towards AIM ETF Products at a given time. Please also check how AIM ETF's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in AIM ETF without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Premium Stories Now
Premium StoriesFollow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope |
| All Next | Launch Module |
How to buy AIM Etf?
Before investing in AIM ETF, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in AIM ETF. To buy AIM ETF etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of AIM ETF. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase AIM ETF etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located AIM ETF Products etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased AIM ETF Products etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as AIM ETF Products, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy AIM Etf please use our How to Invest in AIM ETF guide.
Already Invested in AIM ETF Products?
The danger of trading AIM ETF Products is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of AIM ETF is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than AIM ETF. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile AIM ETF Products is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether AIM ETF Products is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if AIM Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Aim Etf Products Etf. Highlighted below are key reports to facilitate an investment decision about Aim Etf Products Etf: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in AIM ETF Products. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
The market value of AIM ETF Products is measured differently than its book value, which is the value of AIM that is recorded on the company's balance sheet. Investors also form their own opinion of AIM ETF's value that differs from its market value or its book value, called intrinsic value, which is AIM ETF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AIM ETF's market value can be influenced by many factors that don't directly affect AIM ETF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AIM ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if AIM ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AIM ETF's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.