SEPU - AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF
SEPU 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.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $164.1M
- Beta
- 0.72
- 52-Week Range
- 27.49-32.28
- IPO Date
- Sep 3, 2024
- Exchange
- CBOE
SEPU Options Snapshot
Options pricing data for SEPU is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.
What This Page Covers
The SEPU overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
SEPU fund facts: expense ratio 0.74%, assets under management $165.8M, NAV $32.04 as of the data source's update on Oct 8, 2026, 4 holdings in its latest file, launched Aug 30, 2024, issued by AllianzIM. See the SEPU holdings.
Frequently asked SEPU overview questions
- What is SEPU?
- SEPU is the ticker symbol for AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF, an listed exchange-traded fund. SEPU 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. Listed on CBOE. SEPU is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What are SEPU's key statistics?
- AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF (SEPU) carries a market capitalization of $164.1M, 52-week range of 27.49-32.28. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does SEPU belong to?
- AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare SEPU's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the SEPU data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for SEPU, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.