DECT ETF — AllianzIM U.S. Large Cap Buffer10 Dec ETF

AllianzIM U.S. Large Cap Buffer10 Dec ETF (DECT)

Updated October 16, 2026.

DECT is an ETF. its expense ratio is 0.74%. Total return is 62.0% over the past 3.9 years, 35.3 points behind SPY at 97.3%.

AllianzIM U.S. Large Cap Buffer10 Dec ETF is an options-based fund that invests substantially all its assets in customized FLEX Options contracts designed to provide downside protection while maintaining large-cap equity exposure. The fund does not currently distribute income to shareholders, though it has made special distributions in the past that should not be expected to recur regularly, with an expense ratio of 0.74%. This structure may appeal to investors seeking downside-protected equity exposure rather than traditional dividend income.

DECT performance versus SPY

Price and return data through 2026-10-16.

Total return is 62.0% over the past 3.9 years, 35.3 points behind SPY at 97.3%. Over the past year its total return — price change plus distributions reinvested — is 14.8%. Its deepest 1-year drawdown was 6.1%.

DECT key facts

Issuer

AllianzIM

Asset type

ETF

Asset class

Equity

Inception date

11/30/2022

Expense ratio

0.74%

Distribution frequency

None

Last close

$40.43 (as of 2026-10-16)

AUM

$126,070,130

Average volume

8115.0

Ex-dividend date

01/16/2024

Payment date

01/19/2024

Beta

0.65

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: AllianzIM; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

DECT risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 6.1%.

Who may consider DECT — and who may not

It is a weaker fit for investors who need monthly cash flow (DECT does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on DECT

• All tickers starting with D

Tagged: Downside Protection, Options, Target, Large Cap.

Frequently asked questions

More securities from AllianzIM.