AllianzIM U.S. Large Cap Buffer20 Feb ETF (FEBW) Performance
FEBW total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +7.2% since Dec 31, 2025
- 1 year
- +9.3% total return
- 3 years
- +12.0% a year
- Since first price
- +10.4% a year since 2023
FEBW trailing returns vs SPY, QQQ, AGG
| Period | FEBW total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.1% | +0.1% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.4% | +2.4% | +3.2% | +1.9% | −0.4% |
| 6 months | +4.7% | +4.7% | +7.8% | +8.4% | −1.5% |
| YTD | +7.2% | +7.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +9.3% | +9.3% | +14.4% | +15.9% | −1.1% |
| 3 years | +40.3%+12.0%/yr | +40.1% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionFeb 1, 2023 | +44.7%+10.4%/yr | +44.5% | — | — | — |
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: FEBW vs SPY
From Feb 1, 2023: FEBW grew to $14,474, SPY to $19,396.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FEBW returns by calendar year
2 of 2 full years positive. Best 2024 (+11.4%), worst 2025 (+9.6%). 2026 is year to date.
FEBW annual returns table
| Year | FEBW | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +7.2% | −4.0% | +12.3% | +15.1% | −1.0% |
| 2025 | +9.6% | −8.8% | +17.7% | +20.8% | +7.2% |
| 2024 | +11.4% | −2.9% | +24.9% | +25.6% | +1.3% |
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.
FEBW risk statistics
| Statistic | 3 years | Since 2023 |
|---|---|---|
| Annualized return | +11.6% | +11.3% |
| Volatility (annualized) | 5.2% | 5.2% |
| Sharpe ratio | 1.31 | 1.24 |
| Sortino ratio | 2.75 | 2.47 |
| Best month | +5.6% | +5.6% |
| Worst month | −2.4% | −2.4% |
| Best 12 months | +17.9% | +17.9% |
| Worst 12 months | +4.9% | +4.9% |
| Positive months | 81% | 79% |
| Beta vs S&P 500 | 0.40 | — |
| Correlation with S&P 500 | 0.94 | — |
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.
FEBW rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 33 | +4.9% | +10.6% | +17.9% | 100% |
| 3-year (a year) | 9 | +9.9% | +11.0% | +12.1% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
FEBW performance overview
AllianzIM U.S. Large Cap Buffer20 Feb ETF (FEBW) returned +9.3% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +10.4% a year, turning $10,000 into about $14,474. Over the same year S&P 500 (SPY) returned +14.4%.
Related: FEBW chart. See the FEBW overview for the latest quote and fund facts.
FEBW performance FAQ
What is the FEBW return over the past year?
FEBW returned +9.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 9.3%.
How much would $10,000 invested in FEBW be worth?
$10,000 invested in FEBW at its first recorded close on February 1, 2023 would be worth about $14,474 on October 23, 2026 with distributions reinvested.
What was the worst year for FEBW?
The worst calendar year was 2025, with a total return of +9.6%. The best was 2024 at +11.4%.
How volatile is FEBW?
Over the past 3 years FEBW had an annualized volatility of 5.2% and a Sharpe ratio of 1.31 (excess return over 1–3 month T-bills per unit of risk).