AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF (SEPU) Performance
SEPU total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +8.9% since Dec 31, 2025
- 1 year
- +10.0% total return
- Since first price
- +27.9% since 2024
SEPU trailing returns vs SPY, QQQ, AGG
| Period | SEPU total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.9% | −0.9% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.8% | +2.8% | +3.2% | +1.9% | −0.4% |
| 6 months | +6.0% | +6.0% | +7.8% | +8.4% | −1.5% |
| YTD | +8.9% | +8.9% | +12.3% | +15.1% | −1.0% |
| 1 year | +10.0% | +10.0% | +14.4% | +15.9% | −1.1% |
| Since inceptionSep 3, 2024 | +27.9% | +27.9% | — | — | — |
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: SEPU vs SPY
From Sep 3, 2024: SEPU grew to $12,789, SPY to $14,126.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SEPU returns by calendar year
1 of 1 full years positive. Best 2025 (+12.3%), worst 2025 (+12.3%). 2026 is year to date.
SEPU annual returns table
| Year | SEPU | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +8.9% | −6.2% | +12.3% | +15.1% | −1.0% |
| 2025 | +12.3% | −11.8% | +17.7% | +20.8% | +7.2% |
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.
SEPU largest drawdowns
Now 2.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 19, 2025 | −11.8% | Apr 8, 2025 | Jun 30, 2025 | 48 days | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SEPU risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +11.7% |
| Volatility (annualized) | 9.3% |
| Sharpe ratio | 0.82 |
| Sortino ratio | 1.57 |
| Best month | +7.6% |
| Worst month | −3.9% |
| Best 12 months | +21.9% |
| Worst 12 months | +9.9% |
| Positive months | 50% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
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.
SEPU rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 14 | +8.4% | +12.2% | +21.9% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
SEPU performance overview
AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF (SEPU) returned +10.0% over the past year, with distributions reinvested. Since its first recorded price on Sep 3, 2024 it has returned +27.9%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −11.8%, from Feb 19, 2025 to Apr 8, 2025, and it took 3 months to get back to the old high. Volatility has been 9.3% a year.
Related: SEPU chart. See the SEPU overview for the latest quote and fund facts.
SEPU performance FAQ
What is the SEPU return over the past year?
SEPU returned +10.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 10.0%.
How much would $10,000 invested in SEPU be worth?
$10,000 invested in SEPU at its first recorded close on September 3, 2024 would be worth about $12,789 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of SEPU?
The largest peak-to-trough decline was −11.8% between February 19, 2025 and April 8, 2025. It recovered to the old high on June 30, 2025, 3 months after the bottom.
How volatile is SEPU?
Over the past history SEPU had an annualized volatility of 9.3% and a Sharpe ratio of 0.82 (excess return over 1–3 month T-bills per unit of risk).