AllianzIM U.S. Large Cap Buffer20 Dec ETF (DECW) Performance
DECW total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +7.9% since Dec 31, 2025
- 1 year
- +10.2% total return
- 3 years
- +12.7% a year
- Since first price
- +10.5% a year since 2022
DECW trailing returns vs SPY, QQQ, AGG
| Period | DECW total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.2% | +0.2% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.6% | +2.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +5.3% | +5.3% | +7.8% | +8.4% | −1.5% |
| YTD | +7.9% | +7.9% | +12.3% | +15.1% | −1.0% |
| 1 year | +10.2% | +10.2% | +14.4% | +15.9% | −1.1% |
| 3 years | +43.2%+12.7%/yr | +41.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionDec 1, 2022 | +47.7%+10.5%/yr | +45.8% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: DECW vs SPY
From Dec 1, 2022: DECW grew to $14,770, SPY to $19,648.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
DECW returns by calendar year
3 of 3 full years positive. Best 2023 (+16.2%), worst 2024 (+8.6%). 2026 is year to date.
DECW annual returns table
| Year | DECW | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +7.9% | −3.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +11.6% | −8.8% | +17.7% | +20.8% | +7.2% |
| 2024 | +8.6% | −2.3% | +24.9% | +25.6% | +1.3% |
| 2023 | +16.2% | −7.2% | +26.2% | +54.9% | +5.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
DECW risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +12.1% | +11.7% |
| Volatility (annualized) | 6.5% | 6.8% |
| Sharpe ratio | 1.14 | 1.03 |
| Sortino ratio | 2.60 | 2.04 |
| Best month | +8.2% | +8.2% |
| Worst month | −2.5% | −3.7% |
| Best 12 months | +19.9% | +19.9% |
| Worst 12 months | +3.2% | +3.2% |
| Positive months | 75% | 73% |
| Beta vs S&P 500 | 0.45 | — |
| Correlation with S&P 500 | 0.87 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
DECW rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 35 | +3.2% | +11.4% | +19.9% | 100% |
| 3-year (a year) | 11 | +9.8% | +11.2% | +13.0% | 100% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
DECW performance overview
AllianzIM U.S. Large Cap Buffer20 Dec ETF (DECW) returned +10.2% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +10.5% a year, turning $10,000 into about $14,770. Over the same year S&P 500 (SPY) returned +14.4%.
Related: DECW chart. See the DECW overview for the latest quote and fund facts.
DECW performance FAQ
What is the DECW return over the past year?
DECW returned +10.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 10.2%.
How much would $10,000 invested in DECW be worth?
$10,000 invested in DECW at its first recorded close on December 1, 2022 would be worth about $14,770 on October 23, 2026 with distributions reinvested.
What was the worst year for DECW?
The worst calendar year was 2024, with a total return of +8.6%. The best was 2023 at +16.2%.
How volatile is DECW?
Over the past 3 years DECW had an annualized volatility of 6.5% and a Sharpe ratio of 1.14 (excess return over 1–3 month T-bills per unit of risk).