QBKV ETF — Allianzim U.S. Small Cap Buffer5 ETF

Allianzim U.S. Small Cap Buffer5 ETF (QBKV)

Updated October 16, 2026.

QBKV is an ETF. its expense ratio is 0.74%. Total return is 5.1% over the past 0.5 years, 12.0 points behind SPY at 17.1%.

Allianzim U.S. Small Cap Buffer5 ETF is an ETF that seeks equity exposure to U.S. small cap securities by investing substantially all its assets in FLEX Options referencing an underlying small cap ETF, with a non-diversified structure. The fund does not currently distribute income to shareholders and carries an expense ratio of 0.74%. This ETF appeals to investors seeking small cap equity exposure through an options-based strategy rather than traditional equity holdings.

QBKV performance versus SPY

Price and return data through 2026-10-16.

Total return is 5.1% over the past 0.5 years, 12.0 points behind SPY at 17.1%.

QBKV key facts

Issuer

AllianzIM

Asset type

ETF

Asset class

Equity

Inception date

03/31/2026

Expense ratio

0.74%

Distribution frequency

None

Last close

$26.42 (as of 2026-10-16)

AUM

$7,416,595

Average volume

1438.0

Beta

0.4919

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.

QBKV risks and drawbacks

Total return has trailed SPY over the available window.

Who may consider QBKV — and who may not

It is a weaker fit for investors who need monthly cash flow (QBKV 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 QBKV

• All tickers starting with Q

Tagged: Downside Protection, Options, Target, Small Caps.

Frequently asked questions

More securities from AllianzIM.