# EDGAR Filing Document

**Accession Number:** 0001797318
**File Stem:** 0001133228-25-014137
**Filing Date:** 2025-12
**Character Count:** 944983
**Document Hash:** 2a7d8acb4c1fc9400c41f7e54b0fd45e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001133228-25-014137.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0001133228-25-014137

**CONFORMED SUBMISSION TYPE**: N-CSR

**PUBLIC DOCUMENT COUNT**: 69

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**EFFECTIVENESS DATE**: 20251229

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AIM ETF Products Trust
- **CENTRAL INDEX KEY:** 0001797318

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** N-CSR
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23504
- **FILM NUMBER:** 251606700

**BUSINESS ADDRESS:**
- **STREET 1:** 5701 GOLDEN HILLS DRIVE
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55416-1296
- **BUSINESS PHONE:** (763) 765-7453

**MAIL ADDRESS:**
- **STREET 1:** 5701 GOLDEN HILLS DRIVE
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55416-1296

## Series and Classes Contracts Data

### AllianzIM U.S. Large Cap Buffer10 Apr ETF (Series ID: S000068203)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000218376 | AllianzIM U.S. Large Cap Buffer10 Apr ETF | APRT            |

### AllianzIM U.S. Large Cap Buffer20 Apr ETF (Series ID: S000068204)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000218377 | AllianzIM U.S. Large Cap Buffer20 Apr ETF | APRW            |

### AllianzIM U.S. Large Cap Buffer10 Jul ETF (Series ID: S000069181)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000221038 | AllianzIM U.S. Large Cap Buffer10 Jul ETF | JULT            |

### AllianzIM U.S. Large Cap Buffer20 Jul ETF (Series ID: S000069182)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000221039 | AllianzIM U.S. Large Cap Buffer20 Jul ETF | JULW            |

### AllianzIM U.S. Large Cap Buffer10 Oct ETF (Series ID: S000069521)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000221854 | AllianzIM U.S. Large Cap Buffer10 Oct ETF | OCTT            |

### AllianzIM U.S. Large Cap Buffer20 Oct ETF (Series ID: S000069522)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000221855 | AllianzIM U.S. Large Cap Buffer20 Oct ETF | OCTW            |

### AllianzIM U.S. Large Cap Buffer10 Jan ETF (Series ID: S000070331)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000223737 | AllianzIM U.S. Large Cap Buffer10 Jan ETF | JANT            |

### AllianzIM U.S. Large Cap Buffer20 Jan ETF (Series ID: S000070332)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000223738 | AllianzIM U.S. Large Cap Buffer20 Jan ETF | JANW            |

### AllianzIM U.S. Large Cap 6 Month Buffer10 Jan/Jul ETF (Series ID: S000073506)

| Class ID   | Class Name                                            | Ticker Symbol   |
|:---|:---|:---|
| C000230498 | AllianzIM U.S. Large Cap 6 Month Buffer10 Jan/Jul ETF | SIXJ            |

### AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF (Series ID: S000073507)

| Class ID   | Class Name                                            | Ticker Symbol   |
|:---|:---|:---|
| C000230499 | AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF | SIXO            |

### AllianzIM U.S. Large Cap Buffer10 Nov ETF (Series ID: S000077801)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000238366 | AllianzIM U.S. Large Cap Buffer10 Nov ETF | NVBT            |

### AllianzIM U.S. Large Cap Buffer10 Dec ETF (Series ID: S000077802)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000238367 | AllianzIM U.S. Large Cap Buffer10 Dec ETF | DECT            |

### AllianzIM U.S. Large Cap Buffer10 Feb ETF (Series ID: S000077803)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000238368 | AllianzIM U.S. Large Cap Buffer10 Feb ETF | FEBT            |

### AllianzIM U.S. Large Cap Buffer10 Mar ETF (Series ID: S000077804)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000238369 | AllianzIM U.S. Large Cap Buffer10 Mar ETF | MART            |

### AllianzIM U.S. Large Cap Buffer20 Nov ETF (Series ID: S000077805)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000238370 | AllianzIM U.S. Large Cap Buffer20 Nov ETF | NVBW            |

### AllianzIM U.S. Large Cap Buffer20 Dec ETF (Series ID: S000077806)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000238371 | AllianzIM U.S. Large Cap Buffer20 Dec ETF | DECW            |

### AllianzIM U.S. Large Cap Buffer20 Feb ETF (Series ID: S000077807)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000238372 | AllianzIM U.S. Large Cap Buffer20 Feb ETF | FEBW            |

### AllianzIM U.S. Large Cap Buffer20 Mar ETF (Series ID: S000077808)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000238373 | AllianzIM U.S. Large Cap Buffer20 Mar ETF | MARW            |

### AllianzIM U.S. Large Cap Buffer10 May ETF (Series ID: S000080211)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000241956 | AllianzIM U.S. Large Cap Buffer10 May ETF | MAYT            |

### AllianzIM U.S. Large Cap Buffer20 May ETF (Series ID: S000080212)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000241957 | AllianzIM U.S. Large Cap Buffer20 May ETF | MAYW            |

### AllianzIM U.S. Large Cap Buffer10 Jun ETF (Series ID: S000080213)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000241958 | AllianzIM U.S. Large Cap Buffer10 Jun ETF | JUNT            |

### AllianzIM U.S. Large Cap Buffer20 Jun ETF (Series ID: S000080214)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000241959 | AllianzIM U.S. Large Cap Buffer20 Jun ETF | JUNW            |

### AllianzIM U.S. Large Cap Buffer10 Aug ETF (Series ID: S000080215)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000241960 | AllianzIM U.S. Large Cap Buffer10 Aug ETF | AUGT            |

### AllianzIM U.S. Large Cap Buffer20 Aug ETF (Series ID: S000080216)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000241961 | AllianzIM U.S. Large Cap Buffer20 Aug ETF | AUGW            |

### AllianzIM U.S. Large Cap Buffer10 Sep ETF (Series ID: S000080217)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000241962 | AllianzIM U.S. Large Cap Buffer10 Sep ETF | SEPT            |

### AllianzIM U.S. Large Cap Buffer20 Sep ETF (Series ID: S000080218)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000241963 | AllianzIM U.S. Large Cap Buffer20 Sep ETF | SEPW            |

### AllianzIM U.S. Large Cap 6 Month Buffer10 Feb/Aug ETF (Series ID: S000083794)

| Class ID   | Class Name                                            | Ticker Symbol   |
|:---|:---|:---|
| C000247811 | AllianzIM U.S. Large Cap 6 Month Buffer10 Feb/Aug ETF | SIXF            |

### AllianzIM U.S. Large Cap 6 Month Buffer10 Mar/Sep ETF (Series ID: S000083795)

| Class ID   | Class Name                                            | Ticker Symbol   |
|:---|:---|:---|
| C000247812 | AllianzIM U.S. Large Cap 6 Month Buffer10 Mar/Sep ETF | SIXP            |

### AllianzIM U.S. Large Cap 6 Month Buffer10 May/Nov ETF (Series ID: S000083796)

| Class ID   | Class Name                                            | Ticker Symbol   |
|:---|:---|:---|
| C000247813 | AllianzIM U.S. Large Cap 6 Month Buffer10 May/Nov ETF | SIXZ            |

### AllianzIM U.S. Large Cap 6 Month Buffer10 Jun/Dec ETF (Series ID: S000083797)

| Class ID   | Class Name                                            | Ticker Symbol   |
|:---|:---|:---|
| C000247814 | AllianzIM U.S. Large Cap 6 Month Buffer10 Jun/Dec ETF | SIXD            |

### AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF (Series ID: S000083800)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000247817 | AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF | FLJJ            |

### AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF (Series ID: S000083801)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000247818 | AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF | FLAO            |

### AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF (Series ID: S000084405)

| Class ID   | Class Name                                      | Ticker Symbol   |
|:---|:---|:---|
| C000248782 | AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF | JANU            |

### AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF (Series ID: S000084406)

| Class ID   | Class Name                                      | Ticker Symbol   |
|:---|:---|:---|
| C000248783 | AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF | OCTU            |

### AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF (Series ID: S000084407)

| Class ID   | Class Name                                      | Ticker Symbol   |
|:---|:---|:---|
| C000248784 | AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF | NVBU            |

### AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF (Series ID: S000084408)

| Class ID   | Class Name                                      | Ticker Symbol   |
|:---|:---|:---|
| C000248785 | AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF | DECU            |

### AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF (Series ID: S000084409)

| Class ID   | Class Name                                      | Ticker Symbol   |
|:---|:---|:---|
| C000248786 | AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF | FEBU            |

### AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF (Series ID: S000084410)

| Class ID   | Class Name                                      | Ticker Symbol   |
|:---|:---|:---|
| C000248787 | AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF | MARU            |

### AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF (Series ID: S000084411)

| Class ID   | Class Name                                      | Ticker Symbol   |
|:---|:---|:---|
| C000248788 | AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF | ARLU            |

### AllianzIM U.S. Equity Buffer15 Uncapped May ETF (Series ID: S000084412)

| Class ID   | Class Name                                      | Ticker Symbol   |
|:---|:---|:---|
| C000248789 | AllianzIM U.S. Equity Buffer15 Uncapped May ETF | MAYU            |

### AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF (Series ID: S000084413)

| Class ID   | Class Name                                      | Ticker Symbol   |
|:---|:---|:---|
| C000248790 | AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF | JNEU            |

### AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF (Series ID: S000084414)

| Class ID   | Class Name                                      | Ticker Symbol   |
|:---|:---|:---|
| C000248791 | AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF | JULU            |

### AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF (Series ID: S000084415)

| Class ID   | Class Name                                      | Ticker Symbol   |
|:---|:---|:---|
| C000248792 | AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF | AUGU            |

### AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF (Series ID: S000084416)

| Class ID   | Class Name                                      | Ticker Symbol   |
|:---|:---|:---|
| C000248793 | AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF | SEPU            |

### AllianzIM 6 Month Buffer10 Allocation ETF (Series ID: S000087697)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000253575 | AllianzIM 6 Month Buffer10 Allocation ETF | SPBX            |

### AllianzIM Buffer20 Allocation ETF (Series ID: S000087698)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000253576 | AllianzIM Buffer20 Allocation ETF | SPBW            |

### AllianzIM Buffer15 Uncapped Allocation ETF (Series ID: S000090423)

| Class ID   | Class Name                                 | Ticker Symbol   |
|:---|:---|:---|
| C000257488 | AllianzIM Buffer15 Uncapped Allocation ETF | SPBU            |

### AllianzIM U.S. Equity Buffer15 ETF (Series ID: S000093180)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000261328 | AllianzIM U.S. Equity Buffer15 ETF | QBSF            |

### AllianzIM U.S. Equity Buffer100 Protection ETF (Series ID: S000093181)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000261329 | AllianzIM U.S. Equity Buffer100 Protection ETF | AIOO            |

?xml version='1.0' encoding='ASCII'? Consolidated ssr-output-EDGAR XBRL File

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM N-CSR**

**CERTIFIED SHAREHOLDER REPORT OF REGISTERED**

**MANAGEMENT INVESTMENT COMPANIES**

**Investment Company Act file number: 811-23504**

**AIM ETF PRODUCTS TRUST**

**On behalf of the following series:**

**AllianzIM U.S. Equity Buffer10 Jan ETF \| JANT \|**

**AllianzIM U.S. Equity Buffer10 Feb ETF \| FEBT \|**

**AllianzIM U.S. Equity Buffer10 Mar ETF \| MART \|**

**AllianzIM U.S. Equity Buffer10 Apr ETF \| APRT \|**

**AllianzIM U.S. Equity Buffer10 May ETF \| MAYT \|**

**AllianzIM U.S. Equity Buffer10 Jun ETF \| JUNT \|**

**AllianzIM U.S. Equity Buffer10 Jul ETF \| JULT \|**

**AllianzIM U.S. Equity Buffer10 Aug ETF \| AUGT \|**

**AllianzIM U.S. Equity Buffer10 Sep ETF \| SEPT \|**

**AllianzIM U.S. Equity Buffer10 Oct ETF \| OCTT \|**

**AllianzIM U.S. Equity Buffer10 Nov ETF \| NVBT \|**

**AllianzIM U.S. Equity Buffer10 Dec ETF \| DECT \|**

**AllianzIM U.S. Equity Buffer20 Jan ETF \| JANW \|**

**AllianzIM U.S. Equity Buffer20 Feb ETF \| FEBW \|**

**AllianzIM U.S. Equity Buffer20 Mar ETF \| MARW \|**

**AllianzIM U.S. Equity Buffer20 Apr ETF \| APRW \|**

**AllianzIM U.S. Equity Buffer20 May ETF \| MAYW \|**

**AllianzIM U.S. Equity Buffer20 Jun ETF \| JUNW \|**

**AllianzIM U.S. Equity Buffer20 Jul ETF \| JULW \|**

**AllianzIM U.S. Equity Buffer20 Aug ETF \| AUGW \|**

**AllianzIM U.S. Equity Buffer20 Sep ETF \| SEPW \|**

**AllianzIM U.S. Equity Buffer20 Oct ETF \| OCTW \|**

**AllianzIM U.S. Equity Buffer20 Nov ETF \| NVBW \|**

**AllianzIM U.S. Equity Buffer20 Dec ETF \| DECW \|**

**AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF \| JANU \|**

**AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF \| FEBU \|**

**AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF \| MARU \|**

**AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF \| ARLU \|**

**AllianzIM U.S. Equity Buffer15 Uncapped May ETF \| MAYU \|**

**AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF \| JNEU \|**

**AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF \| JULU \|**

**AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF \| AUGU \|**

**AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF \| SEPU \|**

**AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF \| OCTU \|**

**AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF \| NVBU \|**

**AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF \| DECU \|**

**AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF \| SIXJ \|**

**AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF \| SIXF \|**

**AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF \| SIXP \|**

**AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF \| SIXO \|**

**AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF \| SIXZ \|**

**AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF \| SIXD \|**

**AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF \| FLJJ \|**

**AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF \| FLAO \|**

**AllianzIM U.S. Equity Buffer15 ETF \| QBSF \|**

**AllianzIM U.S. Equity Buffer100 Protection ETF \| AIOO \|**

**AllianzIM Buffer20 Allocation ETF \| SPBW \|**

**AllianzIM Buffer15 Uncapped Allocation ETF \| SPBU \|**

**AllianzIM 6 Month Buffer10 Allocation ETF \| SPBX \|**

**(Exact name of registrant as specified in charter)**

**5701 Golden Hills Drive, Minneapolis, MN 55416-1297**

**(Address of principal executive offices) (Zip Code)**

**Amanda Farren, Chief Legal Officer**

**5701 Golden Hills Drive**

**Minneapolis, MN 55416**

**(Name and address of agent for service)**

**Registrant's telephone number, including area code: (763) 765-7453**

**Date of fiscal year end: October 31**

**Date of reporting period: October 31, 2025**

Form N-CSR is to be used by management investment companies to file reports with the Commission not later than 10 days after the transmission to stockholders of any report that is required to be transmitted to stockholders under Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1). The Commission may use the information provided on Form N-CSR in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-CSR, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-CSR unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

**Item 1. Report to Stockholders.**

![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer10 Jan ETF \| JANT \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer10 Jan ETF (the "Fund") (formerly known as AllianzIM U.S. Large Cap Buffer10 Jan ETF) for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

**This report describes changes to the Fund that occurred during the reporting period.** 

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity Buffer10 Jan ETF | $79 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 14.36% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from January 1, 2025 to December 31, 2025.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (December 31, 2020<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](i48da8cb16a8012a4a96c4801.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer10 Jan ETF - NAV ($16097)** | **S&P 500<sup>®</sup> Price Return Index ($18211)** |
| **12/31/2020** | $10000 | $10000 |
| **10/31/2021** | $11187 | $12261 |
| **10/31/2022** | $10145 | $10309 |
| **10/31/2023** | $10995 | $11165 |
| **10/31/2024** | $14076 | $15190 |
| **10/31/2025** | $16097 | $18211 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is December 31, 2020. Shares of JANT were listed on the NYSE Arca, Inc. on January 4, 2021. |

---

#### AllianzIM U.S. Equity Buffer10 Jan ETF \| JANT

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | |
|:---|:---|:---|
| Name | 1 Year | Since Inception\* |
| AllianzIM U.S. Equity Buffer10 Jan ETF - NAV | 14.36% | 10.35% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 13.21% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is December 31, 2020. Shares of JANT were listed on the NYSE Arca, Inc. on January 4, 2021.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/jant/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $52316 |
| # of Portfolio Holdings | 4 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $874 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 104.0% |
| Time deposits | 1.4% |
| Options written | (3.8)% |
| Net other assets and liabilities | (1.6)% |
| Total | 100.0% |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since November 1, 2024. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's name changed from AllianzIM U.S. Large Cap Buffer10 Jan ETF to AllianzIM U.S. Equity Buffer10 Jan ETF.

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer10 Jan ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### JANT 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer10 Feb ETF \| FEBT \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer10 Feb ETF (the "Fund") (formerly known as AllianzIM U.S. Large Cap Buffer10 Feb ETF) for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

**This report describes changes to the Fund that occurred during the reporting period.** 

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity Buffer10 Feb ETF | $79 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 13.68% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from February 1, 2025 to January 31, 2026.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (January 31, 2023<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](i6a87782e81bf886afa73950c.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer10 Feb ETF - NAV ($15035)** | **S&P 500<sup>®</sup> Price Return Index ($16779)** |
| **1/31/2023** | $10000 | $10000 |
| **10/31/2023** | $10317 | $10287 |
| **10/31/2024** | $13226 | $13996 |
| **10/31/2025** | $15035 | $16779 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is January 31, 2023. Shares of FEBT were listed on the NYSE Arca, Inc. on February 1, 2023. |

---

#### AllianzIM U.S. Equity Buffer10 Feb ETF \| FEBT

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | |
|:---|:---|:---|
| Name | 1 Year | Since Inception\* |
| AllianzIM U.S. Equity Buffer10 Feb ETF - NAV | 13.68% | 16.00% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 20.72% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is January 31, 2023. Shares of FEBT were listed on the NYSE Arca, Inc. on February 1, 2023.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/febt/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $102086 |
| # of Portfolio Holdings | 4 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $506 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 103.4% |
| Time deposits | 0.3% |
| Options written | (3.4)% |
| Net other assets and liabilities | (0.3)% |
| Total | 100.0% |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since November 1, 2024. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's name changed from AllianzIM U.S. Large Cap Buffer10 Feb ETF to AllianzIM U.S. Equity Buffer10 Feb ETF.

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer10 Feb ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### FEBT 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer10 Mar ETF \| MART \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer10 Mar ETF (the "Fund") (formerly known as AllianzIM U.S. Large Cap Buffer10 Mar ETF) for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

**This report describes changes to the Fund that occurred during the reporting period.** 

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity Buffer10 Mar ETF | $80 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 15.97% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from March 1, 2025 to February 28, 2026.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (February 28, 2023<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](ib9896b353167aaa5e272e6de.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer10 Mar ETF - NAV ($15223)** | **S&P 500<sup>®</sup> Price Return Index ($17229)** |
| **2/28/2023** | $10000 | $10000 |
| **10/31/2023** | $10549 | $10563 |
| **10/31/2024** | $13127 | $14371 |
| **10/31/2025** | $15223 | $17229 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is February 28, 2023. Shares of MART were listed on the NYSE Arca, Inc. on March 1, 2023. |

---

#### AllianzIM U.S. Equity Buffer10 Mar ETF \| MART

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | |
|:---|:---|:---|
| Name | 1 Year | Since Inception\* |
| AllianzIM U.S. Equity Buffer10 Mar ETF - NAV | 15.97% | 17.04% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 22.59% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is February 28, 2023. Shares of MART were listed on the NYSE Arca, Inc. on March 1, 2023.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/mart/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $26641 |
| # of Portfolio Holdings | 4 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $202 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 105.1% |
| Time deposits | 0.4% |
| Options written | (5.0)% |
| Net other assets and liabilities | (0.5)% |
| Total | 100.0% |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since November 1, 2024. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's name changed from AllianzIM U.S. Large Cap Buffer10 Mar ETF to AllianzIM U.S. Equity Buffer10 Mar ETF.

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer10 Mar ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### MART 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer10 Apr ETF \| APRT \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer10 Apr ETF (the "Fund") (formerly known as AllianzIM U.S. Large Cap Buffer10 Apr ETF) for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

**This report describes changes to the Fund that occurred during the reporting period.** 

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity Buffer10 Apr ETF | $77 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 9.03% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from April 1, 2025 to March 31, 2026.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (May 28, 2020<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](ic99783e2905bd3de4e9ef50b.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer10 Apr ETF - NAV ($17163)** | **S&P 500<sup>®</sup> Price Return Index ($22577)** |
| **5/28/2020** | $10000 | $10000 |
| **10/31/2020** | $10412 | $10793 |
| **10/31/2021** | $12102 | $15201 |
| **10/31/2022** | $11401 | $12780 |
| **10/31/2023** | $12686 | $13842 |
| **10/31/2024** | $15742 | $18832 |
| **10/31/2025** | $17163 | $22577 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is May 28, 2020. Shares of APRT were listed on the NYSE Arca, Inc. on June 1, 2020. |

---

#### AllianzIM U.S. Equity Buffer10 Apr ETF \| APRT

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | | |
|:---|:---|:---|:---|
| Name | 1 Year | 5 years | Since Inception\* |
| AllianzIM U.S. Equity Buffer10 Apr ETF - NAV | 9.03% | 10.51% | 10.46% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 15.91% | 16.19% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is May 28, 2020. Shares of APRT were listed on the NYSE Arca, Inc. on June 1, 2020.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/aprt/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $40984 |
| # of Portfolio Holdings | 4 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $324 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 110.3% |
| Time deposits | 0.4% |
| Options written | (10.3)% |
| Net other assets and liabilities | (0.4)% |
| Total | 100.0% |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since November 1, 2024. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's name changed from AllianzIM U.S. Large Cap Buffer10 Apr ETF to AllianzIM U.S. Equity Buffer10 Apr ETF.

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer10 Apr ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### APRT 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer10 May ETF \| MAYT \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer10 May ETF (the "Fund") (formerly known as AllianzIM U.S. Large Cap Buffer10 May ETF) for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

**This report describes changes to the Fund that occurred during the reporting period.** 

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity Buffer10 May ETF | $78 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 12.01% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from May 1, 2025 to April 30, 2026.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (April 28, 2023<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](i3716de3dd4c121db56499885.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer10 May ETF - NAV ($14540)** | **S&P 500<sup>®</sup> Price Return Index ($16405)** |
| **4/28/2023** | $10000 | $10000 |
| **10/31/2023** | $10149 | $10058 |
| **10/31/2024** | $12981 | $13684 |
| **10/31/2025** | $14540 | $16405 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is April 28, 2023. Shares of MAYT were listed on the NYSE Arca, Inc. on May 1, 2023. |

---

#### AllianzIM U.S. Equity Buffer10 May ETF \| MAYT

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | |
|:---|:---|:---|
| Name | 1 Year | Since Inception\* |
| AllianzIM U.S. Equity Buffer10 May ETF - NAV | 12.01% | 16.08% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 21.81% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is April 28, 2023. Shares of MAYT were listed on the NYSE Arca, Inc. on May 1, 2023.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/mayt/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $19084 |
| # of Portfolio Holdings | 4 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $123 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 110.5% |
| Time deposits | 0.3% |
| Options written | (10.5)% |
| Net other assets and liabilities | (0.3)% |
| Total | 100.0% |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since November 1, 2024. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's name changed from AllianzIM U.S. Large Cap Buffer10 May ETF to AllianzIM U.S. Equity Buffer10 May ETF.

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer10 May ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### MAYT 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer10 Jun ETF \| JUNT \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer10 Jun ETF (the "Fund") (formerly known as AllianzIM U.S. Large Cap Buffer10 Jun ETF) for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

**This report describes changes to the Fund that occurred during the reporting period.** 

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity Buffer10 Jun ETF | $79 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 13.55% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from June 1, 2025 to May 31, 2026.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (May 31, 2023<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](i4ad9e03540f2c4dc7fc7c592.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer10 Jun ETF - NAV ($14326)** | **S&P 500<sup>®</sup> Price Return Index ($16365)** |
| **5/31/2023** | $10000 | $10000 |
| **10/31/2023** | $10101 | $10033 |
| **10/31/2024** | $12616 | $13650 |
| **10/31/2025** | $14326 | $16365 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is May 31, 2023. Shares of JUNT were listed on the NYSE Arca, Inc. on June 1, 2023. |

---

#### AllianzIM U.S. Equity Buffer10 Jun ETF \| JUNT

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | |
|:---|:---|:---|
| Name | 1 Year | Since Inception\* |
| AllianzIM U.S. Equity Buffer10 Jun ETF - NAV | 13.55% | 16.02% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 22.58% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is May 31, 2023. Shares of JUNT were listed on the NYSE Arca, Inc. on June 1, 2023.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/junt/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $21489 |
| # of Portfolio Holdings | 4 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $140 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 107.7% |
| Time deposits | 0.4% |
| Options written | (7.8)% |
| Net other assets and liabilities | (0.3)% |
| Total | 100.0% |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since November 1, 2024. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's name changed from AllianzIM U.S. Large Cap Buffer10 Jun ETF to AllianzIM U.S. Equity Buffer10 Jun ETF.

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer10 Jun ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### JUNT 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer10 Jul ETF \| JULT \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer10 Jul ETF (the "Fund") (formerly known as AllianzIM U.S. Large Cap Buffer10 Jul ETF) for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

**This report describes changes to the Fund that occurred during the reporting period.** 

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity Buffer10 Jul ETF | $80 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 15.05% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from July 1, 2025 to June 30, 2026.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (June 30, 2020<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](id3d8c9b5886d3b19a2642513.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer10 Jul ETF - NAV ($18404)** | **S&P 500<sup>®</sup> Price Return Index ($22063)** |
| **6/30/2020** | $10000 | $10000 |
| **10/31/2020** | $10306 | $10547 |
| **10/31/2021** | $12000 | $14855 |
| **10/31/2022** | $11492 | $12489 |
| **10/31/2023** | $12631 | $13527 |
| **10/31/2024** | $15997 | $18403 |
| **10/31/2025** | $18404 | $22063 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is June 30, 2020. Shares of JULT were listed on the NYSE Arca, Inc. on July 1, 2020. |

---

#### AllianzIM U.S. Equity Buffer10 Jul ETF \| JULT

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | | |
|:---|:---|:---|:---|
| Name | 1 Year | 5 years | Since Inception\* |
| AllianzIM U.S. Equity Buffer10 Jul ETF - NAV | 15.05% | 12.30% | 12.11% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 15.91% | 15.98% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is June 30, 2020. Shares of JULT were listed on the NYSE Arca, Inc. on July 1, 2020.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/jult/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $84142 |
| # of Portfolio Holdings | 4 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $521 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 105.9% |
| Time deposits | 0.2% |
| Options written | (5.9)% |
| Net other assets and liabilities | (0.2)% |
| Total | 100.0% |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since November 1, 2024. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's name changed from AllianzIM U.S. Large Cap Buffer10 Jul ETF to AllianzIM U.S. Equity Buffer10 Jul ETF.

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer10 Jul ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### JULT 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer10 Aug ETF \| AUGT \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer10 Aug ETF (the "Fund") (formerly known as AllianzIM U.S. Large Cap Buffer10 Aug ETF) for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

**This report describes changes to the Fund that occurred during the reporting period.** 

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity Buffer10 Aug ETF | $80 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 16.03% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from August 1, 2025 to July 31, 2026.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (July 31, 2023<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](ief10b300505341c8dbc7aeca.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer10 Aug ETF - NAV ($14089)** | **S&P 500<sup>®</sup> Price Return Index ($14906)** |
| **7/31/2023** | $10000 | $10000 |
| **10/31/2023** | $9414 | $9139 |
| **10/31/2024** | $12143 | $12433 |
| **10/31/2025** | $14089 | $14906 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is July 31, 2023. Shares of AUGT were listed on the NYSE Arca, Inc. on August 1, 2023. |

---

#### AllianzIM U.S. Equity Buffer10 Aug ETF \| AUGT

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | |
|:---|:---|:---|
| Name | 1 Year | Since Inception\* |
| AllianzIM U.S. Equity Buffer10 Aug ETF - NAV | 16.03% | 16.44% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 19.39% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is July 31, 2023. Shares of AUGT were listed on the NYSE Arca, Inc. on August 1, 2023.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/augt/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $36984 |
| # of Portfolio Holdings | 4 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $364 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 105.6% |
| Time deposits | 0.1% |
| Options written | (5.6)% |
| Net other assets and liabilities | (0.1)% |
| Total | 100.0% |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since November 1, 2024. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's name changed from AllianzIM U.S. Large Cap Buffer10 Aug ETF to AllianzIM U.S. Equity Buffer10 Aug ETF.

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer10 Aug ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### AUGT 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer10 Sep ETF \| SEPT \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer10 Sep ETF (the "Fund") (formerly known as AllianzIM U.S. Large Cap Buffer10 Sep ETF) for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

**This report describes changes to the Fund that occurred during the reporting period.** 

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity Buffer10 Sep ETF | $80 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 16.40% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from September 1, 2025 to August 31, 2026.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (August 31, 2023<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](ia94ec1c469086d8e9621c54c.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer10 Sep ETF - NAV ($13909)** | **S&P 500<sup>®</sup> Price Return Index ($15175)** |
| **8/31/2023** | $10000 | $10000 |
| **10/31/2023** | $9511 | $9304 |
| **10/31/2024** | $11949 | $12657 |
| **10/31/2025** | $13909 | $15175 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is August 31, 2023. Shares of SEPT were listed on the NYSE Arca, Inc. on September 1, 2023. |

---

#### AllianzIM U.S. Equity Buffer10 Sep ETF \| SEPT

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | |
|:---|:---|:---|
| Name | 1 Year | Since Inception\* |
| AllianzIM U.S. Equity Buffer10 Sep ETF - NAV | 16.40% | 16.44% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 21.22% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is August 31, 2023. Shares of SEPT were listed on the NYSE Arca, Inc. on September 1, 2023.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/sept/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $100837 |
| # of Portfolio Holdings | 4 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $284 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 105.8% |
| Time deposits | 0.0%<sup>Footnote Reference\*</sup> |
| Options written | (5.7)% |
| Net other assets and liabilities | (0.1)% |
| Total | 100.0% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;Rounds to less than 0.05%. |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since November 1, 2024. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's name changed from AllianzIM U.S. Large Cap Buffer10 Sep ETF to AllianzIM U.S. Equity Buffer10 Sep ETF.

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer10 Sep ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### SEPT 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer10 Oct ETF \| OCTT \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer10 Oct ETF (the "Fund") (formerly known as AllianzIM U.S. Large Cap Buffer10 Oct ETF) for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

**This report describes changes to the Fund that occurred during the reporting period.** 

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity Buffer10 Oct ETF | $80 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 15.51% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from October 1, 2025 to September 30, 2026.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (September 30, 2020<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](i97fd272d0ac79937a7f3383e.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer10 Oct ETF - NAV ($17243)** | **S&P 500<sup>®</sup> Price Return Index ($20340)** |
| **9/30/2020** | $10000 | $10000 |
| **10/31/2020** | $9737 | $9723 |
| **10/31/2021** | $11974 | $13694 |
| **10/31/2022** | $11182 | $11513 |
| **10/31/2023** | $12461 | $12470 |
| **10/31/2024** | $14928 | $16965 |
| **10/31/2025** | $17243 | $20340 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is September 30, 2020. Shares of OCTT were listed on the NYSE Arca, Inc. on October 1, 2020. |

---

#### AllianzIM U.S. Equity Buffer10 Oct ETF \| OCTT

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | | |
|:---|:---|:---|:---|
| Name | 1 Year | 5 years | Since Inception\* |
| AllianzIM U.S. Equity Buffer10 Oct ETF - NAV | 15.51% | 12.11% | 11.31% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 15.91% | 14.98% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is September 30, 2020. Shares of OCTT were listed on the NYSE Arca, Inc. on October 1, 2020.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/octt/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $58195 |
| # of Portfolio Holdings | 4 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $863 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 105.3% |
| Time deposits | 0.1% |
| Options written | (5.3)% |
| Net other assets and liabilities | (0.1)% |
| Total | 100.0% |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since November 1, 2024. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's name changed from AllianzIM U.S. Large Cap Buffer10 Oct ETF to AllianzIM U.S. Equity Buffer10 Oct ETF.

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer10 Oct ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### OCTT 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer10 Nov ETF \| NVBT \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer10 Nov ETF (the "Fund") (formerly known as AllianzIM U.S. Large Cap Buffer10 Nov ETF) for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

**This report describes changes to the Fund that occurred during the reporting period.** 

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity Buffer10 Nov ETF | $79 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 14.61% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's return aligns with the outcome that the Fund seeks to provide over its outcome period, which is from November 1, 2024 to October 31, 2025.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (October 31, 2022<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](i0af31a1782102bb3a10aaef6.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer10 Nov ETF - NAV ($14628)** | **S&P 500<sup>®</sup> Price Return Index ($17666)** |
| **10/31/2022** | $10000 | $10000 |
| **10/31/2023** | $10738 | $10831 |
| **10/31/2024** | $12763 | $14735 |
| **10/31/2025** | $14628 | $17666 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is October 31, 2022. Shares of NVBT were listed on the NYSE Arca, Inc. on November 1, 2022. |

---

#### AllianzIM U.S. Equity Buffer10 Nov ETF \| NVBT

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | |
|:---|:---|:---|
| Name | 1 Year | Since Inception\* |
| AllianzIM U.S. Equity Buffer10 Nov ETF - NAV | 14.61% | 13.52% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 20.89% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is October 31, 2022. Shares of NVBT were listed on the NYSE Arca, Inc. on November 1, 2022.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/nvbt/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $19199 |
| # of Portfolio Holdings | 4 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $258 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 105.3% |
| Time deposits | 1.2% |
| Options written | (5.1)% |
| Net other assets and liabilities | (1.4)% |
| Total | 100.0% |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since November 1, 2024. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's name changed from AllianzIM U.S. Large Cap Buffer10 Nov ETF to AllianzIM U.S. Equity Buffer10 Nov ETF.

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer10 Nov ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### NVBT 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer10 Dec ETF \| DECT \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer10 Dec ETF (the "Fund") (formerly known as AllianzIM U.S. Large Cap Buffer10 Dec ETF) for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

**This report describes changes to the Fund that occurred during the reporting period.** 

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity Buffer10 Dec ETF | $79 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 12.62% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from December 1, 2024 to November 30, 2025.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (November 30, 2022<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](ie3b0dd15f8860b3f16d3a805.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer10 Dec ETF - NAV ($14498)** | **S&P 500<sup>®</sup> Price Return Index ($16765)** |
| **11/30/2022** | $10000 | $10000 |
| **10/31/2023** | $10257 | $10279 |
| **10/31/2024** | $12874 | $13984 |
| **10/31/2025** | $14498 | $16765 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is November 30, 2022. Shares of DECT were listed on the NYSE Arca, Inc. on December 1, 2022. |

---

#### AllianzIM U.S. Equity Buffer10 Dec ETF \| DECT

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | |
|:---|:---|:---|
| Name | 1 Year | Since Inception\* |
| AllianzIM U.S. Equity Buffer10 Dec ETF - NAV | 12.62% | 13.58% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 19.37% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is November 30, 2022. Shares of DECT were listed on the NYSE Arca, Inc. on December 1, 2022.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/dect/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $116330 |
| # of Portfolio Holdings | 4 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $735 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 101.1% |
| Time deposits | 0.6% |
| Options written | (1.1)% |
| Net other assets and liabilities | (0.6)% |
| Total | 100.0% |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since November 1, 2024. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's name changed from AllianzIM U.S. Large Cap Buffer10 Dec ETF to AllianzIM U.S. Equity Buffer10 Dec ETF.

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer10 Dec ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### DECT 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer20 Jan ETF \| JANW \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer20 Jan ETF (the "Fund") (formerly known as AllianzIM U.S. Large Cap Buffer20 Jan ETF) for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

**This report describes changes to the Fund that occurred during the reporting period.** 

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity Buffer20 Jan ETF | $78 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 10.13% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from January 1, 2025 to December 31, 2025.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (December 31, 2020<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](icb2a13acb88edacfc233a003.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer20 Jan ETF - NAV ($14574)** | **S&P 500<sup>®</sup> Price Return Index ($18211)** |
| **12/31/2020** | $10000 | $10000 |
| **10/31/2021** | $10588 | $12261 |
| **10/31/2022** | $10225 | $10309 |
| **10/31/2023** | $11411 | $11165 |
| **10/31/2024** | $13234 | $15190 |
| **10/31/2025** | $14574 | $18211 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is December 31, 2020. Shares of JANW were listed on the NYSE Arca, Inc. on January 4, 2021. |

---

#### AllianzIM U.S. Equity Buffer20 Jan ETF \| JANW

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | |
|:---|:---|:---|
| Name | 1 Year | Since Inception\* |
| AllianzIM U.S. Equity Buffer20 Jan ETF - NAV | 10.13% | 8.11% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 13.21% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is December 31, 2020. Shares of JANW were listed on the NYSE Arca, Inc. on January 4, 2021.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/janw/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $288755 |
| # of Portfolio Holdings | 4 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $2890 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 107.0% |
| Time deposits | 0.8% |
| Options written | (6.9)% |
| Net other assets and liabilities | (0.9)% |
| Total | 100.0% |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since November 1, 2024. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's name changed from AllianzIM U.S. Large Cap Buffer20 Jan ETF to AllianzIM U.S. Equity Buffer20 Jan ETF.

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer20 Jan ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### JANW 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer20 Feb ETF \| FEBW \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer20 Feb ETF (the "Fund") (formerly known as AllianzIM U.S. Large Cap Buffer20 Feb ETF) for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

**This report describes changes to the Fund that occurred during the reporting period.** 

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity Buffer20 Feb ETF | $78 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 9.73% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from February 1, 2025 to January 31, 2026.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (January 31, 2023<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](if9af620a7f5d0c6da8d50c4c.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer20 Feb ETF - NAV ($13383)** | **S&P 500<sup>®</sup> Price Return Index ($16779)** |
| **1/31/2023** | $10000 | $10000 |
| **10/31/2023** | $10343 | $10287 |
| **10/31/2024** | $12196 | $13996 |
| **10/31/2025** | $13383 | $16779 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is January 31, 2023. Shares of FEBW were listed on the NYSE Arca, Inc. on February 1, 2023. |

---

#### AllianzIM U.S. Equity Buffer20 Feb ETF \| FEBW

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | |
|:---|:---|:---|
| Name | 1 Year | Since Inception\* |
| AllianzIM U.S. Equity Buffer20 Feb ETF - NAV | 9.73% | 11.19% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 20.72% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is January 31, 2023. Shares of FEBW were listed on the NYSE Arca, Inc. on February 1, 2023.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/febw/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $102725 |
| # of Portfolio Holdings | 4 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $678 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 106.0% |
| Time deposits | 0.4% |
| Options written | (5.9)% |
| Net other assets and liabilities | (0.5)% |
| Total | 100.0% |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since November 1, 2024. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's name changed from AllianzIM U.S. Large Cap Buffer20 Feb ETF to AllianzIM U.S. Equity Buffer20 Feb ETF.

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer20 Feb ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### FEBW 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer20 Mar ETF \| MARW \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer20 Mar ETF (the "Fund") (formerly known as AllianzIM U.S. Large Cap Buffer20 Mar ETF) for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

**This report describes changes to the Fund that occurred during the reporting period.** 

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity Buffer20 Mar ETF | $78 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 11.12% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from March 1, 2025 to February 28, 2026.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (February 28, 2023<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](iec59abd62a7913fd6000ba3e.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer20 Mar ETF - NAV ($13534)** | **S&P 500<sup>®</sup> Price Return Index ($17229)** |
| **2/28/2023** | $10000 | $10000 |
| **10/31/2023** | $10518 | $10563 |
| **10/31/2024** | $12179 | $14371 |
| **10/31/2025** | $13534 | $17229 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is February 28, 2023. Shares of MARW were listed on the NYSE Arca, Inc. on March 1, 2023. |

---

#### AllianzIM U.S. Equity Buffer20 Mar ETF \| MARW

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | |
|:---|:---|:---|
| Name | 1 Year | Since Inception\* |
| AllianzIM U.S. Equity Buffer20 Mar ETF - NAV | 11.12% | 12.00% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 22.59% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is February 28, 2023. Shares of MARW were listed on the NYSE Arca, Inc. on March 1, 2023.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/marw/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $68516 |
| # of Portfolio Holdings | 4 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $529 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 107.8% |
| Time deposits | 0.5% |
| Options written | (7.8)% |
| Net other assets and liabilities | (0.5)% |
| Total | 100.0% |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since November 1, 2024. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's name changed from AllianzIM U.S. Large Cap Buffer20 Mar ETF to AllianzIM U.S. Equity Buffer20 Mar ETF.

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer20 Mar ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### MARW 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer20 Apr ETF \| APRW \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer20 Apr ETF (the "Fund") (formerly known as AllianzIM U.S. Large Cap Buffer20 Apr ETF) for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

**This report describes changes to the Fund that occurred during the reporting period.** 

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity Buffer20 Apr ETF | $77 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 6.92% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from April 1, 2025 to March 31, 2026.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (May 28, 2020<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](i8140c8fa25ad69c179e2a054.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer20 Apr ETF - NAV ($14138)** | **S&P 500<sup>®</sup> Price Return Index ($22577)** |
| **5/28/2020** | $10000 | $10000 |
| **10/31/2020** | $10235 | $10793 |
| **10/31/2021** | $11038 | $15201 |
| **10/31/2022** | $10678 | $12780 |
| **10/31/2023** | $11406 | $13842 |
| **10/31/2024** | $13223 | $18832 |
| **10/31/2025** | $14138 | $22577 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is May 28, 2020. Shares of APRW were listed on the NYSE Arca, Inc. on June 1, 2020. |

---

#### AllianzIM U.S. Equity Buffer20 Apr ETF \| APRW

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | | |
|:---|:---|:---|:---|
| Name | 1 Year | 5 years | Since Inception\* |
| AllianzIM U.S. Equity Buffer20 Apr ETF - NAV | 6.92% | 6.67% | 6.59% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 15.91% | 16.19% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is May 28, 2020. Shares of APRW were listed on the NYSE Arca, Inc. on June 1, 2020.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/aprw/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $169569 |
| # of Portfolio Holdings | 4 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $1264 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 114.1% |
| Time deposits | 0.3% |
| Options written | (14.0)% |
| Net other assets and liabilities | (0.4)% |
| Total | 100.0% |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since November 1, 2024. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's name changed from AllianzIM U.S. Large Cap Buffer20 Apr ETF to AllianzIM U.S. Equity Buffer20 Apr ETF.

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer20 Apr ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### APRW 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer20 May ETF \| MAYW \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer20 May ETF (the "Fund") (formerly known as AllianzIM U.S. Large Cap Buffer20 May ETF) for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

**This report describes changes to the Fund that occurred during the reporting period.** 

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity Buffer20 May ETF | $78 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 10.24% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from May 1, 2025 to April 30, 2026.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (April 28, 2023<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](id2440fb33c25c14668beaf84.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer20 May ETF - NAV ($13241)** | **S&P 500<sup>®</sup> Price Return Index ($16405)** |
| **4/28/2023** | $10000 | $10000 |
| **10/31/2023** | $10171 | $10058 |
| **10/31/2024** | $12011 | $13684 |
| **10/31/2025** | $13241 | $16405 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is April 28, 2023. Shares of MAYW were listed on the NYSE Arca, Inc. on May 1, 2023. |

---

#### AllianzIM U.S. Equity Buffer20 May ETF \| MAYW

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | |
|:---|:---|:---|
| Name | 1 Year | Since Inception\* |
| AllianzIM U.S. Equity Buffer20 May ETF - NAV | 10.24% | 11.84% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 21.81% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is April 28, 2023. Shares of MAYW were listed on the NYSE Arca, Inc. on May 1, 2023.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/mayw/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $68689 |
| # of Portfolio Holdings | 4 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $476 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 114.8% |
| Time deposits | 0.3% |
| Options written | (14.7)% |
| Net other assets and liabilities | (0.4)% |
| Total | 100.0% |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since November 1, 2024. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's name changed from AllianzIM U.S. Large Cap Buffer20 May ETF to AllianzIM U.S. Equity Buffer20 May ETF.

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer20 May ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### MAYW 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer20 Jun ETF \| JUNW \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer20 Jun ETF (the "Fund") (formerly known as AllianzIM U.S. Large Cap Buffer20 Jun ETF) for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

**This report describes changes to the Fund that occurred during the reporting period.** 

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity Buffer20 Jun ETF | $78 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 11.80% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from June 1, 2025 to May 31, 2026.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (May 31, 2023<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](i4a4c7b00dccf559c99f52e74.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer20 Jun ETF - NAV ($13188)** | **S&P 500<sup>®</sup> Price Return Index ($16365)** |
| **5/31/2023** | $10000 | $10000 |
| **10/31/2023** | $10137 | $10033 |
| **10/31/2024** | $11796 | $13650 |
| **10/31/2025** | $13188 | $16365 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is May 31, 2023. Shares of JUNW were listed on the NYSE Arca, Inc. on June 1, 2023. |

---

#### AllianzIM U.S. Equity Buffer20 Jun ETF \| JUNW

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | |
|:---|:---|:---|
| Name | 1 Year | Since Inception\* |
| AllianzIM U.S. Equity Buffer20 Jun ETF - NAV | 11.80% | 12.12% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 22.58% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is May 31, 2023. Shares of JUNW were listed on the NYSE Arca, Inc. on June 1, 2023.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/junw/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $63467 |
| # of Portfolio Holdings | 4 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $551 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 110.8% |
| Time deposits | 0.2% |
| Options written | (10.7)% |
| Net other assets and liabilities | (0.3)% |
| Total | 100.0% |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since November 1, 2024. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's name changed from AllianzIM U.S. Large Cap Buffer20 Jun ETF to AllianzIM U.S. Equity Buffer20 Jun ETF.

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer20 Jun ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### JUNW 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer20 Jul ETF \| JULW \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer20 Jul ETF (the "Fund") (formerly known as AllianzIM U.S. Large Cap Buffer20 Jul ETF) for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

**This report describes changes to the Fund that occurred during the reporting period.** 

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity Buffer20 Jul ETF | $79 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 12.30% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from July 1, 2025 to June 30, 2026.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (June 30, 2020<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](idfd7ca92f5e117067bd4b2cd.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer20 Jul ETF - NAV ($15810)** | **S&P 500<sup>®</sup> Price Return Index ($22063)** |
| **6/30/2020** | $10000 | $10000 |
| **10/31/2020** | $10192 | $10547 |
| **10/31/2021** | $11024 | $14855 |
| **10/31/2022** | $10921 | $12489 |
| **10/31/2023** | $11894 | $13527 |
| **10/31/2024** | $14079 | $18403 |
| **10/31/2025** | $15810 | $22063 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is June 30, 2020. Shares of JULW were listed on the NYSE Arca, Inc. on July 1, 2020. |

---

#### AllianzIM U.S. Equity Buffer20 Jul ETF \| JULW

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | | |
|:---|:---|:---|:---|
| Name | 1 Year | 5 years | Since Inception\* |
| AllianzIM U.S. Equity Buffer20 Jul ETF - NAV | 12.30% | 9.18% | 8.96% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 15.91% | 15.98% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is June 30, 2020. Shares of JULW were listed on the NYSE Arca, Inc. on July 1, 2020.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/julw/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $307278 |
| # of Portfolio Holdings | 4 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $1693 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 108.1% |
| Time deposits | 0.2% |
| Options written | (8.0)% |
| Net other assets and liabilities | (0.3)% |
| Total | 100.0% |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since November 1, 2024. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's name changed from AllianzIM U.S. Large Cap Buffer20 Jul ETF to AllianzIM U.S. Equity Buffer20 Jul ETF.

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer20 Jul ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### JULW 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer20 Aug ETF \| AUGW \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer20 Aug ETF (the "Fund") (formerly known as AllianzIM U.S. Large Cap Buffer20 Aug ETF) for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

**This report describes changes to the Fund that occurred during the reporting period.** 

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity Buffer20 Aug ETF | $78 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 11.82% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from August 1, 2025 to July 31, 2026.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (July 31, 2023<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](i4bbfef597ef391a8d8a8c393.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer20 Aug ETF - NAV ($12861)** | **S&P 500<sup>®</sup> Price Return Index ($14906)** |
| **7/31/2023** | $10000 | $10000 |
| **10/31/2023** | $9618 | $9139 |
| **10/31/2024** | $11502 | $12433 |
| **10/31/2025** | $12861 | $14906 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is July 31, 2023. Shares of AUGW were listed on the NYSE Arca, Inc. on August 1, 2023. |

---

#### AllianzIM U.S. Equity Buffer20 Aug ETF \| AUGW

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | |
|:---|:---|:---|
| Name | 1 Year | Since Inception\* |
| AllianzIM U.S. Equity Buffer20 Aug ETF - NAV | 11.82% | 11.82% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 19.39% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is July 31, 2023. Shares of AUGW were listed on the NYSE Arca, Inc. on August 1, 2023.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/augw/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $151117 |
| # of Portfolio Holdings | 4 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $1201 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 107.2% |
| Time deposits | 0.1% |
| Options written | (7.1)% |
| Net other assets and liabilities | (0.2)% |
| Total | 100.0% |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since November 1, 2024. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's name changed from AllianzIM U.S. Large Cap Buffer20 Aug ETF to AllianzIM U.S. Equity Buffer20 Aug ETF.

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer20 Aug ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### AUGW 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer20 Sep ETF \| SEPW \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer20 Sep ETF (the "Fund") (formerly known as AllianzIM U.S. Large Cap Buffer20 Sep ETF) for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

**This report describes changes to the Fund that occurred during the reporting period.** 

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity Buffer20 Sep ETF | $78 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 11.18% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from September 1, 2025 to August 31, 2026.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (August 31, 2023<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](ic3f090282027210af395ed88.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer20 Sep ETF - NAV ($12632)** | **S&P 500<sup>®</sup> Price Return Index ($15175)** |
| **8/31/2023** | $10000 | $10000 |
| **10/31/2023** | $9685 | $9304 |
| **10/31/2024** | $11362 | $12657 |
| **10/31/2025** | $12632 | $15175 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is August 31, 2023. Shares of SEPW were listed on the NYSE Arca, Inc. on September 1, 2023. |

---

#### AllianzIM U.S. Equity Buffer20 Sep ETF \| SEPW

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | |
|:---|:---|:---|
| Name | 1 Year | Since Inception\* |
| AllianzIM U.S. Equity Buffer20 Sep ETF - NAV | 11.18% | 11.38% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 21.22% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is August 31, 2023. Shares of SEPW were listed on the NYSE Arca, Inc. on September 1, 2023.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/sepw/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $292106 |
| # of Portfolio Holdings | 4 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $984 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 106.9% |
| Time deposits | 0.1% |
| Options written | (6.9)% |
| Net other assets and liabilities | (0.1)% |
| Total | 100.0% |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since November 1, 2024. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's name changed from AllianzIM U.S. Large Cap Buffer20 Sep ETF to AllianzIM U.S. Equity Buffer20 Sep ETF.

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer20 Sep ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### SEPW 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer20 Oct ETF \| OCTW \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer20 Oct ETF (the "Fund") (formerly known as AllianzIM U.S. Large Cap Buffer20 Oct ETF) for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

**This report describes changes to the Fund that occurred during the reporting period.** 

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity Buffer20 Oct ETF | $78 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 10.58% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from October 1, 2025 to September 30, 2026.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (September 30, 2020<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](i037826a82c97a1f1eb12a45e.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer20 Oct ETF - NAV ($15447)** | **S&P 500<sup>®</sup> Price Return Index ($20340)** |
| **9/30/2020** | $10000 | $10000 |
| **10/31/2020** | $9745 | $9723 |
| **10/31/2021** | $10966 | $13694 |
| **10/31/2022** | $10984 | $11513 |
| **10/31/2023** | $12307 | $12470 |
| **10/31/2024** | $13969 | $16965 |
| **10/31/2025** | $15447 | $20340 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is September 30, 2020. Shares of OCTW were listed on the NYSE Arca, Inc. on October 1, 2020. |

---

#### AllianzIM U.S. Equity Buffer20 Oct ETF \| OCTW

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | | |
|:---|:---|:---|:---|
| Name | 1 Year | 5 years | Since Inception\* |
| AllianzIM U.S. Equity Buffer20 Oct ETF - NAV | 10.58% | 9.65% | 8.93% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 15.91% | 14.98% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is September 30, 2020. Shares of OCTW were listed on the NYSE Arca, Inc. on October 1, 2020.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/octw/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $328250 |
| # of Portfolio Holdings | 4 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $2618 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 105.8% |
| Time deposits | 0.1% |
| Options written | (5.8)% |
| Net other assets and liabilities | (0.1)% |
| Total | 100.0% |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since November 1, 2024. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's name changed from AllianzIM U.S. Large Cap Buffer20 Oct ETF to AllianzIM U.S. Equity Buffer20 Oct ETF.

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer20 Oct ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### OCTW 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer20 Nov ETF \| NVBW \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer20 Nov ETF (the "Fund") (formerly known as AllianzIM U.S. Large Cap Buffer20 Nov ETF) for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

**This report describes changes to the Fund that occurred during the reporting period.** 

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity Buffer20 Nov ETF | $78 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 10.26% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's return aligns with the outcome that the Fund seeks to provide over its outcome period, which is from November 1, 2024 to October 31, 2025.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (October 31, 2022<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](ie3e74fa62f96681ba8f7ae9e.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer20 Nov ETF - NAV ($13406)** | **S&P 500<sup>®</sup> Price Return Index ($17666)** |
| **10/31/2022** | $10000 | $10000 |
| **10/31/2023** | $10741 | $10831 |
| **10/31/2024** | $12159 | $14735 |
| **10/31/2025** | $13406 | $17666 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is October 31, 2022. Shares of NVBW were listed on the NYSE Arca, Inc. on November 1, 2022. |

---

#### AllianzIM U.S. Equity Buffer20 Nov ETF \| NVBW

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | |
|:---|:---|:---|
| Name | 1 Year | Since Inception\* |
| AllianzIM U.S. Equity Buffer20 Nov ETF - NAV | 10.26% | 10.26% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 20.89% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is October 31, 2022. Shares of NVBW were listed on the NYSE Arca, Inc. on November 1, 2022.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/nvbw/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $57815 |
| # of Portfolio Holdings | 4 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $502 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 105.1% |
| Time deposits | 0.8% |
| Options written | (5.1)% |
| Net other assets and liabilities | (0.8)% |
| Total | 100.0% |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since November 1, 2024. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's name changed from AllianzIM U.S. Large Cap Buffer20 Nov ETF to AllianzIM U.S. Equity Buffer20 Nov ETF.

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer20 Nov ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### NVBW 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer20 Dec ETF \| DECW \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer20 Dec ETF (the "Fund") (formerly known as AllianzIM U.S. Large Cap Buffer20 Dec ETF) for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

**This report describes changes to the Fund that occurred during the reporting period.** 

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity Buffer20 Dec ETF | $78 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 9.66% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from December 1, 2024 to November 30, 2025.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (November 30, 2022<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](i7f2e309c9bdd33ac67394d3b.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer20 Dec ETF - NAV ($13528)** | **S&P 500<sup>®</sup> Price Return Index ($16765)** |
| **11/30/2022** | $10000 | $10000 |
| **10/31/2023** | $10264 | $10279 |
| **10/31/2024** | $12335 | $13984 |
| **10/31/2025** | $13528 | $16765 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is November 30, 2022. Shares of DECW were listed on the NYSE Arca, Inc. on December 1, 2022. |

---

#### AllianzIM U.S. Equity Buffer20 Dec ETF \| DECW

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | |
|:---|:---|:---|
| Name | 1 Year | Since Inception\* |
| AllianzIM U.S. Equity Buffer20 Dec ETF - NAV | 9.66% | 10.91% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 19.37% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is November 30, 2022. Shares of DECW were listed on the NYSE Arca, Inc. on December 1, 2022.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/decw/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $384874 |
| # of Portfolio Holdings | 4 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $2636 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 103.5% |
| Time deposits | 0.6% |
| Options written | (3.4)% |
| Net other assets and liabilities | (0.7)% |
| Total | 100.0% |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since November 1, 2024. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's name changed from AllianzIM U.S. Large Cap Buffer20 Dec ETF to AllianzIM U.S. Equity Buffer20 Dec ETF.

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer20 Dec ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### DECW 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF \| JANU \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF (the "Fund") for the period of December 31, 2024<sup>Footnote Reference\*</sup> to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is December 31, 2024. Shares of JANU were listed on the Cboe BZX Exchange, Inc. on January 2, 2025. |

---

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment<sup>Footnote Reference\*</sup>** |
| AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF | $65<sup>Footnote Reference\*\*</sup> | 0.74% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;Annualized. |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*\*</sup> | &nbsp;&nbsp;&nbsp;Represents a period less than one year, had the Fund existed for the full one year reporting period, costs would have been higher. |

---

# What affected Fund performance over the last year?
* Since its inception date of December 31, 2024, the Fund has returned 12.80% while the S&P 500<sup>®</sup> Price Return Index has returned 16.30%. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from January 1, 2025 to December 31, 2025.

* U.S. financial markets experienced notable fluctuations and developments since inception of the Fund. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied in strong fashion on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (December 31, 2024<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](i2d4aa22ce499b30c940fe901.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF - NAV ($11280)** | **S&P 500<sup>®</sup> Price Return Index ($11630)** |
| **12/31/2024** | $10000 | $10000 |
| **10/31/2025** | $11280 | $11630 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is December 31, 2024. Shares of JANU were listed on the Cboe BZX Exchange, Inc. on January 2, 2025. |

---

#### AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF \| JANU

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | |
|:---|:---|
| Name | Since Inception\* |
| AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF - NAV | 12.80% |
| S&P 500<sup>®</sup> Price Return Index | 16.30% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is December 31, 2024. Shares of JANU were listed on the Cboe BZX Exchange, Inc. on January 2, 2025.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/janu/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $77551 |
| # of Portfolio Holdings | 3 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $415 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 100.2% |
| Time deposits | 0.4% |
| Options written | (0.1)% |
| Net other assets and liabilities | (0.5)% |
| Total | 100.0% |

---

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### JANU 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF \| FEBU \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF (the "Fund") for the period of January 31, 2025<sup>Footnote Reference\*</sup> to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is January 31, 2025. Shares of FEBU were listed on the Cboe BZX Exchange, Inc. on February 3, 2025. |

---

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment<sup>Footnote Reference\*</sup>** |
| AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF | $58<sup>Footnote Reference\*\*</sup> | 0.74% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;Annualized. |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*\*</sup> | &nbsp;&nbsp;&nbsp;Represents a period less than one year, had the Fund existed for the full one year reporting period, costs would have been higher. |

---

# What affected Fund performance over the last year?
* Since its inception date of January 31, 2025, the Fund has returned 11.30% while the S&P 500<sup>®</sup> Price Return Index has returned 13.24%. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from February 1, 2025 to January 31, 2026.

* U.S. financial markets experienced notable fluctuations and developments since inception of the Fund. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied in strong fashion on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (January 31, 2025<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](ie2ccfaf243d6e1ecf2119c41.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF - NAV ($11130)** | **S&P 500<sup>®</sup> Price Return Index ($11324)** |
| **1/31/2025** | $10000 | $10000 |
| **10/31/2025** | $11130 | $11324 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is January 31, 2025. Shares of FEBU were listed on the Cboe BZX Exchange, Inc. on February 3, 2025. |

---

#### AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF \| FEBU

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | |
|:---|:---|
| Name | Since Inception\* |
| AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF - NAV | 11.30% |
| S&P 500<sup>®</sup> Price Return Index | 13.24% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is January 31, 2025. Shares of FEBU were listed on the Cboe BZX Exchange, Inc. on February 3, 2025.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/febu/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $47301 |
| # of Portfolio Holdings | 3 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $248 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 100.3% |
| Time deposits | 0.5% |
| Options written | (0.2)% |
| Net other assets and liabilities | (0.6)% |
| Total | 100.0% |

---

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### FEBU 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF \| MARU \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF (the "Fund") for the period of February 28, 2025<sup>Footnote Reference\*</sup> to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is February 28, 2025. Shares of MARU were listed on the Cboe BZX Exchange, Inc. on March 3, 2025. |

---

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment<sup>Footnote Reference\*</sup>** |
| AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF | $53<sup>Footnote Reference\*\*</sup> | 0.74% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;Annualized. |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*\*</sup> | &nbsp;&nbsp;&nbsp;Represents a period less than one year, had the Fund existed for the full one year reporting period, costs would have been higher. |

---

# What affected Fund performance over the last year?
* Since its inception date of February 28, 2025, the Fund has returned 11.63% while the S&P 500<sup>®</sup> Price Return Index has returned 14.87%. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from March 1, 2025 to February 28, 2026.

* U.S. financial markets experienced notable fluctuations and developments since inception of the Fund. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied in strong fashion on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (February 28, 2025<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](id7253954fe00796db7af9304.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF - NAV ($11163)** | **S&P 500<sup>®</sup> Price Return Index ($11487)** |
| **2/28/2025** | $10000 | $10000 |
| **10/31/2025** | $11163 | $11487 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is February 28, 2025. Shares of MARU were listed on the Cboe BZX Exchange, Inc. on March 3, 2025. |

---

#### AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF \| MARU

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | |
|:---|:---|
| Name | Since Inception\* |
| AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF - NAV | 11.63% |
| S&P 500<sup>®</sup> Price Return Index | 14.87% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is February 28, 2025. Shares of MARU were listed on the Cboe BZX Exchange, Inc. on March 3, 2025.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/maru/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $23721 |
| # of Portfolio Holdings | 3 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $91 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 100.5% |
| Time deposits | 0.3% |
| Options written | (0.3)% |
| Net other assets and liabilities | (0.5)% |
| Total | 100.0% |

---

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### MARU 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF \| ARLU \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF (the "Fund") for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF | $79 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 13.96% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from April 1, 2025 to March 31, 2026.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (March 28, 2024<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](i21dae7efd622b8e4c7e0699e.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF - NAV ($12170)** | **S&P 500<sup>®</sup> Price Return Index ($13018)** |
| **3/28/2024** | $10000 | $10000 |
| **10/31/2024** | $10679 | $10859 |
| **10/31/2025** | $12170 | $13018 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is March 28, 2024. Shares of ARLU were listed on the Cboe BZX Exchange, Inc. on April 1, 2024. |

---

#### AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF \| ARLU

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | |
|:---|:---|:---|
| Name | 1 Year | Since Inception\* |
| AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF - NAV | 13.96% | 13.11% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 17.99% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is March 28, 2024. Shares of ARLU were listed on the Cboe BZX Exchange, Inc. on April 1, 2024.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/arlu/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $48682 |
| # of Portfolio Holdings | 3 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $267 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 100.5% |
| Time deposits | 0.3% |
| Options written | (0.4)% |
| Net other assets and liabilities | (0.4)% |
| Total | 100.0% |

---

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### ARLU 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer15 Uncapped May ETF \| MAYU \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer15 Uncapped May ETF (the "Fund") for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity Buffer15 Uncapped May ETF | $79 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 13.88% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from May 1, 2025 to April 30, 2026.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (April 30, 2024<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](i3a5c866cc8c01a250142b885.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer15 Uncapped May ETF - NAV ($12651)** | **S&P 500<sup>®</sup> Price Return Index ($13583)** |
| **4/30/2024** | $10000 | $10000 |
| **10/31/2024** | $11109 | $11330 |
| **10/31/2025** | $12651 | $13583 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is April 30, 2024. Shares of MAYU were listed on the Cboe BZX Exchange, Inc. on May 1, 2024. |

---

#### AllianzIM U.S. Equity Buffer15 Uncapped May ETF \| MAYU

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | |
|:---|:---|:---|
| Name | 1 Year | Since Inception\* |
| AllianzIM U.S. Equity Buffer15 Uncapped May ETF - NAV | 13.88% | 16.92% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 22.58% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is April 30, 2024. Shares of MAYU were listed on the Cboe BZX Exchange, Inc. on May 1, 2024.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/mayu/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $24511 |
| # of Portfolio Holdings | 3 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $144 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 100.7% |
| Time deposits | 0.1% |
| Options written | (0.4)% |
| Net other assets and liabilities | (0.4)% |
| Total | 100.0% |

---

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer15 Uncapped May ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### MAYU 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF \| JNEU \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF (the "Fund") for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF | $79 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 14.59% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from June 1, 2025 to May 31, 2026.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (May 31, 2024<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](ic70baebd0d21f4a8eaec767c.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF - NAV ($12212)** | **S&P 500<sup>®</sup> Price Return Index ($12961)** |
| **5/31/2024** | $10000 | $10000 |
| **10/31/2024** | $10657 | $10811 |
| **10/31/2025** | $12212 | $12961 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is May 31, 2024. Shares of JNEU were listed on the Cboe BZX Exchange, Inc. on June 3, 2024. |

---

#### AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF \| JNEU

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | |
|:---|:---|:---|
| Name | 1 Year | Since Inception\* |
| AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF - NAV | 14.59% | 15.12% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 20.05% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is May 31, 2024. Shares of JNEU were listed on the Cboe BZX Exchange, Inc. on June 3, 2024.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/jneu/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $25950 |
| # of Portfolio Holdings | 3 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $133 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 100.8% |
| Time deposits | 0.2% |
| Options written | (0.7)% |
| Net other assets and liabilities | (0.3)% |
| Total | 100.0% |

---

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### JNEU 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF \| JULU \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF (the "Fund") for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF | $80 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 14.89% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from July 1, 2025 to June 30, 2026.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (June 28, 2024<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](ida2cddcdd1c65ac83bb6e7bd.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF - NAV ($11924)** | **S&P 500<sup>®</sup> Price Return Index ($12527)** |
| **6/28/2024** | $10000 | $10000 |
| **10/31/2024** | $10379 | $10449 |
| **10/31/2025** | $11924 | $12527 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is June 28, 2024. Shares of JULU were listed on the Cboe BZX Exchange, Inc. on July 1, 2024. |

---

#### AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF \| JULU

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | |
|:---|:---|:---|
| Name | 1 Year | Since Inception\* |
| AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF - NAV | 14.89% | 14.01% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 18.27% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is June 28, 2024. Shares of JULU were listed on the Cboe BZX Exchange, Inc. on July 1, 2024.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/julu/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $143091 |
| # of Portfolio Holdings | 3 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $514 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 101.1% |
| Time deposits | 0.1% |
| Options written | (1.0)% |
| Net other assets and liabilities | (0.2)% |
| Total | 100.0% |

---

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### JULU 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF \| AUGU \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF (the "Fund") for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF | $80 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 15.16% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from August 1, 2025 to July 31, 2026.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (July 31, 2024<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](ib1051e63f01f6d7e5fa22f0e.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF - NAV ($11824)** | **S&P 500<sup>®</sup> Price Return Index ($12387)** |
| **7/31/2024** | $10000 | $10000 |
| **10/31/2024** | $10267 | $10332 |
| **10/31/2025** | $11824 | $12387 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is July 31, 2024. Shares of AUGU were listed on the Cboe BZX Exchange, Inc. on August 1, 2024. |

---

#### AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF \| AUGU

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | |
|:---|:---|:---|
| Name | 1 Year | Since Inception\* |
| AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF - NAV | 15.16% | 14.32% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 18.64% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is July 31, 2024. Shares of AUGU were listed on the Cboe BZX Exchange, Inc. on August 1, 2024.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/augu/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $30298 |
| # of Portfolio Holdings | 3 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $205 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 101.3% |
| Time deposits | 0.2% |
| Options written | (1.3)% |
| Net other assets and liabilities | (0.2)% |
| Total | 100.0% |

---

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### AUGU 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF \| SEPU \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF (the "Fund") for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF | $80 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 14.94% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from September 1, 2025 to August 31, 2026.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (August 30, 2024<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](ia6f4d207c1a4ee9252bb6274.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF - NAV ($11614)** | **S&P 500<sup>®</sup> Price Return Index ($12110)** |
| **8/30/2024** | $10000 | $10000 |
| **10/31/2024** | $10104 | $10101 |
| **10/31/2025** | $11614 | $12110 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is August 30, 2024. Shares of SEPU were listed on the Cboe BZX Exchange, Inc. on September 2, 2024. |

---

#### AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF \| SEPU

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | |
|:---|:---|:---|
| Name | 1 Year | Since Inception\* |
| AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF - NAV | 14.94% | 13.64% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 17.78% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is August 30, 2024. Shares of SEPU were listed on the Cboe BZX Exchange, Inc. on September 2, 2024.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/sepu/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $129903 |
| # of Portfolio Holdings | 3 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $298 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 101.7% |
| Time deposits | 0.1% |
| Options written | (1.6)% |
| Net other assets and liabilities | (0.2)% |
| Total | 100.0% |

---

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### SEPU 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF \| OCTU \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF (the "Fund") for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF | $80 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 14.97% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from October 1, 2025 to September 30, 2026.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (September 30, 2024<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](if8a1807a43f2ff6b7a5df49e.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF - NAV ($11409)** | **S&P 500<sup>®</sup> Price Return Index ($11870)** |
| **9/30/2024** | $10000 | $10000 |
| **10/31/2024** | $9923 | $9901 |
| **10/31/2025** | $11409 | $11870 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is September 30, 2024. Shares of OCTU were listed on the Cboe BZX Exchange, Inc. on October 1, 2024. |

---

#### AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF \| OCTU

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | |
|:---|:---|:---|
| Name | 1 Year | Since Inception\* |
| AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF - NAV | 14.97% | 12.92% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 17.12% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is September 30, 2024. Shares of OCTU were listed on the Cboe BZX Exchange, Inc. on October 1, 2024.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/octu/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $61323 |
| # of Portfolio Holdings | 3 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $304 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 102.2% |
| Time deposits | 0.0%<sup>Footnote Reference\*</sup> |
| Options written | (2.1)% |
| Net other assets and liabilities | (0.1)% |
| Total | 100.0% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;Rounds to less than 0.05%. |

---

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### OCTU 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF \| NVBU \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF (the "Fund") for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF | $80 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 15.80% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's return aligns with the outcome that the Fund seeks to provide over its outcome period, which is from November 1, 2024 to October 31, 2025.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (October 31, 2024<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](iaa254fdba4ab6e9c30c5187a.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF - NAV ($11580)** | **S&P 500<sup>®</sup> Price Return Index ($11989)** |
| **10/31/2024** | $10000 | $10000 |
| **10/31/2025** | $11580 | $11989 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is October 31, 2024. Shares of NVBU were listed on the Cboe BZX Exchange, Inc. on November 1, 2024. |

---

#### AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF \| NVBU

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | |
|:---|:---|
| Name | 1 Year |
| AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF - NAV | 15.80% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is October 31, 2024. Shares of NVBU were listed on the Cboe BZX Exchange, Inc. on November 1, 2024.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/nvbu/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $31844 |
| # of Portfolio Holdings | 3 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $179 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 102.6% |
| Time deposits | 0.5% |
| Options written | (2.7)% |
| Net other assets and liabilities | (0.4)% |
| Total | 100.0% |

---

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### NVBU 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF \| DECU \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF (the "Fund") for the period of November 29, 2024<sup>Footnote Reference\*</sup> to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is November 29, 2024. Shares of DECU were listed on the Cboe BZX Exchange, Inc. on December 2, 2024. |

---

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment<sup>Footnote Reference\*</sup>** |
| AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF | $71<sup>Footnote Reference\*\*</sup> | 0.74% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;Annualized. |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*\*</sup> | &nbsp;&nbsp;&nbsp;Represents a period less than one year, had the Fund existed for the full one year reporting period, costs would have been higher. |

---

# What affected Fund performance over the last year?
* Since its inception date of November 29, 2024, the Fund has returned 9.69% while the S&P 500<sup>®</sup> Price Return Index has returned 13.39%. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from December 1, 2024 to November 30, 2025.

* U.S. financial markets experienced notable fluctuations and developments since inception of the Fund. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied in strong fashion on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (November 29, 2024<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](i14072d5f7dd51e0d0bbfdbf8.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF - NAV ($10969)** | **S&P 500<sup>®</sup> Price Return Index ($11339)** |
| **11/29/2024** | $10000 | $10000 |
| **10/31/2025** | $10969 | $11339 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is November 29, 2024. Shares of DECU were listed on the Cboe BZX Exchange, Inc. on December 2, 2024. |

---

#### AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF \| DECU

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | |
|:---|:---|
| Name | Since Inception\* |
| AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF - NAV | 9.69% |
| S&P 500<sup>®</sup> Price Return Index | 13.39% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is November 29, 2024. Shares of DECU were listed on the Cboe BZX Exchange, Inc. on December 2, 2024.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/decu/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $279708 |
| # of Portfolio Holdings | 3 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $742 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 100.1% |
| Time deposits | 0.2% |
| Options written | 0.0%<sup>Footnote Reference\*</sup> |
| Net other assets and liabilities | (0.3)% |
| Total | 100.0% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;Rounds to less than 0.05%. |

---

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### DECU 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF \| SIXJ \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF (the "Fund") (formerly known as AllianzIM U.S. Large Cap 6 Month Buffer10 Jan/Jul ETF) for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS). **This report describes changes to the Fund that occurred during the reporting period.** 

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF | $79 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 14.53% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from July 1, 2025 to December 31, 2025.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (December 31, 2021<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](i9ab64fdf288cc42dab389e64.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF - NAV ($13459)** | **S&P 500<sup>®</sup> Price Return Index ($14352)** |
| **12/31/2021** | $10000 | $10000 |
| **10/31/2022** | $9160 | $8124 |
| **10/31/2023** | $9749 | $8799 |
| **10/31/2024** | $11751 | $11971 |
| **10/31/2025** | $13459 | $14352 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is December 31, 2021. Shares of SIXJ were listed on the NYSE Arca, Inc. on January 3, 2022. |

---

#### AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF \| SIXJ

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | |
|:---|:---|:---|
| Name | 1 Year | Since Inception\* |
| AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF - NAV | 14.53% | 8.06% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 9.88% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is December 31, 2021. Shares of SIXJ were listed on the NYSE Arca, Inc. on January 3, 2022.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/sixj/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $144680 |
| # of Portfolio Holdings | 4 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $1357 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 104.7% |
| Time deposits | 0.8% |
| Options written | (5.0)% |
| Net other assets and liabilities | (0.5)% |
| Total | 100.0% |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since November 1, 2024. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's name changed from AllianzIM U.S. Large Cap 6 Month Buffer10 Jan/Jul ETF to AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF.

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

The Fund's classification changed from non-diversified to diversified, and therefore the Fund is now required to meet certain diversification requirements under the Investment Company Act of 1940.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### SIXJ 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF \| SIXF \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF (the "Fund") (formerly known as AllianzIM U.S. Large Cap 6 Month Buffer10 Feb/Aug ETF) for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS). **This report describes changes to the Fund that occurred during the reporting period.** 

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF | $79 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 14.04% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from August 1, 2025 to January 31, 2026.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (January 31, 2024<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](i58806d39dde2e957b1bc13bd.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF - NAV ($12549)** | **S&P 500<sup>®</sup> Price Return Index ($14116)** |
| **1/31/2024** | $10000 | $10000 |
| **10/31/2024** | $11004 | $11774 |
| **10/31/2025** | $12549 | $14116 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is January 31, 2024. Shares of SIXF were listed on the NYSE Arca, Inc. on February 1, 2024. |

---

#### AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF \| SIXF

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | |
|:---|:---|:---|
| Name | 1 Year | Since Inception\* |
| AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF - NAV | 14.04% | 13.87% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 21.80% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is January 31, 2024. Shares of SIXF were listed on the NYSE Arca, Inc. on February 1, 2024.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/sixf/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $63528 |
| # of Portfolio Holdings | 4 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $327 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 104.2% |
| Time deposits | 0.4% |
| Options written | (4.6)% |
| Net other assets and liabilities | 0.0%<sup>Footnote Reference\*</sup> |
| Total | 100.0% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;Rounds to less than 0.05%. |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since November 1, 2024. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's name changed from AllianzIM U.S. Large Cap 6 Month Buffer10 Feb/Aug ETF to AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF.

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### SIXF 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF \| SIXP \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF (the "Fund") (formerly known as AllianzIM U.S. Large Cap 6 Month Buffer10 Mar/Sep ETF) for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS). **This report describes changes to the Fund that occurred during the reporting period.** 

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF | $79 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 14.47% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from September 1, 2025 to February 28, 2026.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (February 29, 2024<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](i52a805c45cb9247501f1fc1d.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF - NAV ($12437)** | **S&P 500<sup>®</sup> Price Return Index ($13422)** |
| **2/29/2024** | $10000 | $10000 |
| **10/31/2024** | $10865 | $11195 |
| **10/31/2025** | $12437 | $13422 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is February 29, 2024. Shares of SIXP were listed on the NYSE Arca, Inc. on March 1, 2024. |

---

#### AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF \| SIXP

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | |
|:---|:---|:---|
| Name | 1 Year | Since Inception\* |
| AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF - NAV | 14.47% | 13.94% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 19.26% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is February 29, 2024. Shares of SIXP were listed on the NYSE Arca, Inc. on March 1, 2024.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/sixp/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $322584 |
| # of Portfolio Holdings | 4 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $694 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 104.2% |
| Time deposits | 0.5% |
| Options written | (4.5)% |
| Net other assets and liabilities | (0.2)% |
| Total | 100.0% |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since November 1, 2024. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's name changed from AllianzIM U.S. Large Cap 6 Month Buffer10 Mar/Sep ETF to AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF.

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### SIXP 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF \| SIXO \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF (the "Fund") (formerly known as AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF) for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS). **This report describes changes to the Fund that occurred during the reporting period.** 

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF | $77 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 8.32% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from October 1, 2025 to March 31, 2026.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (September 30, 2021<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](i7855bcb2c8c2e4228e205c53.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF - NAV ($13717)** | **S&P 500<sup>®</sup> Price Return Index ($15880)** |
| **9/30/2021** | $10000 | $10000 |
| **10/31/2021** | $10277 | $10691 |
| **10/31/2022** | $9691 | $8989 |
| **10/31/2023** | $10797 | $9736 |
| **10/31/2024** | $12663 | $13245 |
| **10/31/2025** | $13717 | $15880 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is September 30, 2021. Shares of SIXO were listed on the NYSE Arca, Inc. on October 1, 2021. |

---

#### AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF \| SIXO

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | |
|:---|:---|:---|
| Name | 1 Year | Since Inception\* |
| AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF - NAV | 8.32% | 8.04% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 11.99% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is September 30, 2021. Shares of SIXO were listed on the NYSE Arca, Inc. on October 1, 2021.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/sixo/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $132023 |
| # of Portfolio Holdings | 4 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $1557 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 103.5% |
| Time deposits | 0.4% |
| Options written | (3.9)% |
| Net other assets and liabilities | 0.0% |
| Total | 100.0% |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since November 1, 2024. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's name changed from AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF to AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF.

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### SIXO 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF \| SIXZ \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF (the "Fund") (formerly known as AllianzIM U.S. Large Cap 6 Month Buffer10 May/Nov ETF) for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS). **This report describes changes to the Fund that occurred during the reporting period.** 

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF | $77 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 8.71% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from May 1, 2025 to October 31, 2025.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (April 30, 2024<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](i235d393c1da5d278719803bb.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF - NAV ($11723)** | **S&P 500<sup>®</sup> Price Return Index ($13583)** |
| **4/30/2024** | $10000 | $10000 |
| **10/31/2024** | $10784 | $11330 |
| **10/31/2025** | $11723 | $13583 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is April 30, 2024. Shares of SIXZ were listed on the NYSE Arca, Inc. on May 1, 2024. |

---

#### AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF \| SIXZ

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | |
|:---|:---|:---|
| Name | 1 Year | Since Inception\* |
| AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF - NAV | 8.71% | 11.15% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 22.58% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is April 30, 2024. Shares of SIXZ were listed on the NYSE Arca, Inc. on May 1, 2024.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/sixz/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $16852 |
| # of Portfolio Holdings | 4 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $141 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 103.2% |
| Time deposits | 0.9% |
| Options written | (3.6)% |
| Net other assets and liabilities | (0.5)% |
| Total | 100.0% |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since November 1, 2024. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's name changed from AllianzIM U.S. Large Cap 6 Month Buffer10 May/Nov ETF to AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF.

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### SIXZ 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF \| SIXD \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF (the "Fund") (formerly known as AllianzIM U.S. Large Cap 6 Month Buffer10 Jun/Dec ETF) for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS). **This report describes changes to the Fund that occurred during the reporting period.** 

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF | $77 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 8.58% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from June 1, 2025 to November 30, 2025.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (May 31, 2024<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](i9ac67b9be6332de0fdae2d1c.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF - NAV ($11433)** | **S&P 500<sup>®</sup> Price Return Index ($12961)** |
| **5/31/2024** | $10000 | $10000 |
| **10/31/2024** | $10529 | $10811 |
| **10/31/2025** | $11433 | $12961 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is May 31, 2024. Shares of SIXD were listed on the NYSE Arca, Inc. on June 1, 2024. |

---

#### AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF \| SIXD

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | |
|:---|:---|:---|
| Name | 1 Year | Since Inception\* |
| AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF - NAV | 8.58% | 9.90% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 20.05% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is May 31, 2024. Shares of SIXD were listed on the NYSE Arca, Inc. on June 1, 2024.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/sixd/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $32870 |
| # of Portfolio Holdings | 4 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $629 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 107.7% |
| Time deposits | 1.0% |
| Options written | (8.0)% |
| Net other assets and liabilities | (0.7)% |
| Total | 100.0% |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since November 1, 2024. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's name changed from AllianzIM U.S. Large Cap 6 Month Buffer10 Jun/Dec ETF to AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF.

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### SIXD 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF \| FLJJ \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF (the "Fund") for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

**This report describes changes to the Fund that occurred during the reporting period.** 

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF | $79 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 13.35% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from July 1, 2025 to December 31, 2025.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (January 31, 2024<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](i7bdb45e27bfae6e4729c84cc.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF - NAV ($12602)** | **S&P 500<sup>®</sup> Price Return Index ($14116)** |
| **1/31/2024** | $10000 | $10000 |
| **10/31/2024** | $11118 | $11774 |
| **10/31/2025** | $12602 | $14116 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is January 31, 2024. Shares of FLJJ were listed on the NYSE Arca, Inc. on February 1, 2024. |

---

#### AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF \| FLJJ

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | |
|:---|:---|:---|
| Name | 1 Year | Since Inception\* |
| AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF - NAV | 13.35% | 14.15% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 21.80% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is January 31, 2024. Shares of FLJJ were listed on the NYSE Arca, Inc. on February 1, 2024.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/fljj/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $8664 |
| # of Portfolio Holdings | 3 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $142 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 105.6% |
| Time deposits | 0.5% |
| Options written | (5.8)% |
| Net other assets and liabilities | (0.3)% |
| Total | 100.0% |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since November 1, 2024. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### FLJJ 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF \| FLAO \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF (the "Fund") for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

**This report describes changes to the Fund that occurred during the reporting period.** 

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment** |
| AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF | $76 | 0.74% |

---

# What affected Fund performance over the last year?
* The Fund returned 4.33% while the S&P 500<sup>®</sup> Price Return Index returned 19.89% over the last year ending October 31, 2025. The Fund's returns over the last year will differ from the outcomes that the Fund seeks to provide over its outcome period, which is from October 1, 2025 to March 31, 2026.

* U.S. financial markets experienced notable fluctuations and developments over the last year. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied nearly 20% on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (March 28, 2024<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](i33b9c4407a135ba83cbc5d93.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF - NAV ($11286)** | **S&P 500<sup>®</sup> Price Return Index ($13018)** |
| **3/28/2024** | $10000 | $10000 |
| **10/31/2024** | $10817 | $10859 |
| **10/31/2025** | $11286 | $13018 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is March 28, 2024. Shares of FLAO were listed on the NYSE Arca, Inc. on April 1, 2024. |

---

#### AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF \| FLAO

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | | |
|:---|:---|:---|
| Name | 1 Year | Since Inception\* |
| AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF - NAV | 4.33% | 7.88% |
| S&P 500<sup>®</sup> Price Return Index | 19.89% | 17.99% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is March 28, 2024. Shares of FLAO were listed on the NYSE Arca, Inc. on April 1, 2024.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/flao/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $11286 |
| # of Portfolio Holdings | 3 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $112 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 103.0% |
| Time deposits | 0.1% |
| Options written | (3.1)% |
| Net other assets and liabilities | 0.0%<sup>Footnote Reference\*</sup> |
| Total | 100.0% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;Rounds to less than 0.05%. |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since November 1, 2024. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### FLAO 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer15 ETF \| QBSF \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer15 ETF (the "Fund") for the period of June 30, 2025<sup>Footnote Reference\*</sup> to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is June 30, 2025. Shares of QBSF were listed on the Cboe BZX Exchange, Inc. on July 1, 2025. |

---

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment<sup>Footnote Reference\*</sup>** |
| AllianzIM U.S. Equity Buffer15 ETF | $22<sup>Footnote Reference\*\*</sup> | 0.64% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;Annualized. |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*\*</sup> | &nbsp;&nbsp;&nbsp;Represents a period less than one year, had the Fund existed for the full one year reporting period, costs would have been higher. |

---

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $21965 |
| # of Portfolio Holdings | 4 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $20 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 102.1% |
| Time deposits | 0.6% |
| Options written | (2.9)% |
| Net other assets and liabilities | 0.2% |
| Total | 100.0% |

---

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer15 ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### QBSF 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM U.S. Equity Buffer100 Protection ETF \| AIOO \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM U.S. Equity Buffer100 Protection ETF (the "Fund") for the period of June 30, 2025<sup>Footnote Reference\*</sup> to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is June 30, 2025. Shares of AIOO were listed on the Cboe BZX Exchange, Inc. on July 1, 2025. |

---

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment** | **Cost Paid as a percentage of a $10,000 Investment<sup>Footnote Reference\*</sup>** |
| AllianzIM U.S. Equity Buffer100 Protection ETF | $22<sup>Footnote Reference\*\*</sup> | 0.64% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;Annualized. |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*\*</sup> | &nbsp;&nbsp;&nbsp;Represents a period less than one year, had the Fund existed for the full one year reporting period, costs would have been higher. |

---

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $21830 |
| # of Portfolio Holdings | 3 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $40 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Options purchased | 102.5% |
| Time deposits | 0.7% |
| Options written | (3.1)% |
| Net other assets and liabilities | (0.1)% |
| Total | 100.0% |

---

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM U.S. Equity Buffer100 Protection ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### AIOO 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM Buffer20 Allocation ETF \| SPBW \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM Buffer20 Allocation ETF (the "Fund") for the period of January 7, 2025<sup>Footnote Reference\*</sup> to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

**This report describes changes to the Fund that occurred during the reporting period.** 

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is January 7, 2025. Shares of SPBW were listed on the NYSE Arca, Inc. on January 9, 2025. |

---

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment<sup>Footnote Reference1</sup>** | **Cost Paid as a percentage of a $10,000 Investment<sup>Footnote Reference\*</sup><sup>Footnote Reference1</sup>** |
| AllianzIM Buffer20 Allocation ETF | $4<sup>Footnote Reference\*\*</sup> | 0.05% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;Annualized. |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*\*</sup> | &nbsp;&nbsp;&nbsp;Represents a period less than one year, had the Fund existed for the full one year reporting period, costs would have been higher. |
| &nbsp;&nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;&nbsp;Reflects applicable fee waivers. |

---

# What affected Fund performance over the last year?
* Since its inception date of January 7, 2025, the Fund has returned 8.35% while the S&P 500<sup>®</sup> Price Return Index has returned 15.76%. The Fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing in a laddered portfolio of twelve AllianzIM U.S. Equity Buffer20 ETFs ("Underlying ETFs"). While the Fund itself does not pursue a buffered strategy, each Underlying ETF seeks to pursue a buffered strategy that is based on the performance of the SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF's ("SPY") share price over a one-year Outcome Period. Given the strong positive performance of SPY during the period, the Fund's diversified exposure to the Outcome Periods of the Underlying ETFs has resulted in the Fund experiencing a positive return as well.

* U.S. financial markets experienced notable fluctuations and developments since inception of the Fund. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied in strong fashion on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (January 7, 2025<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](ib4497e7f9376512ee9fd0db5.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM Buffer20 Allocation ETF - NAV ($10835)** | **S&P 500<sup>®</sup> Price Return Index ($11576)** |
| **1/7/2025** | $10000 | $10000 |
| **10/31/2025** | $10835 | $11576 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is January 7, 2025. Shares of SPBW were listed on the NYSE Arca, Inc. on January 9, 2025. |

---

#### AllianzIM Buffer20 Allocation ETF \| SPBW

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | |
|:---|:---|
| Name | Since Inception\* |
| AllianzIM Buffer20 Allocation ETF - NAV | 8.35% |
| S&P 500<sup>®</sup> Price Return Index | 15.76% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is January 7, 2025. Shares of SPBW were listed on the NYSE Arca, Inc. on January 9, 2025.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/spbw/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $41249 |
| # of Portfolio Holdings | 12 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $13 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Affiliated Exchange-Traded Funds | 100.0% |
| Time deposits | 0.0%<sup>Footnote Reference\*</sup> |
| Net other assets and liabilities | 0.0%<sup>Footnote Reference\*</sup> |
| Total | 100.0% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;Rounds to less than 0.05%. |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since January 7, 2025. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM Buffer20 Allocation ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### SPBW 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM Buffer15 Uncapped Allocation ETF \| SPBU \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM Buffer15 Uncapped Allocation ETF (the "Fund") for the period of March 5, 2025<sup>Footnote Reference\*</sup> to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is March 5, 2025. Shares of SPBU were listed on the Cboe BZX Exchange, Inc. on March 7, 2025. |

---

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment<sup>Footnote Reference1</sup>** | **Cost Paid as a percentage of a $10,000 Investment<sup>Footnote Reference\*</sup><sup>Footnote Reference1</sup>** |
| AllianzIM Buffer15 Uncapped Allocation ETF | $4<sup>Footnote Reference\*\*</sup> | 0.05% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;Annualized. |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*\*</sup> | &nbsp;&nbsp;&nbsp;Represents a period less than one year, had the Fund existed for the full one year reporting period, costs would have been higher. |
| &nbsp;&nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;&nbsp;Reflects applicable fee waivers. |

---

# What affected Fund performance over the last year?
* Since its inception date of March 5, 2025, the Fund has returned 12.96% while the S&P 500<sup>®</sup> Price Return Index has returned 17.07%. The Fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing in a laddered portfolio of twelve AllianzIM U.S. Equity Buffer15 Uncapped ETFs ("Underlying ETFs"). While the Fund itself does not pursue a buffered strategy, each Underlying ETF seeks to pursue a buffered strategy that is based on the performance of the SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF's ("SPY") share price over a one-year Outcome Period. Given the strong positive performance of SPY during the period, the Fund's diversified exposure to the Outcome Periods of the Underlying ETFs has resulted in the Fund experiencing a positive return as well.

* U.S. financial markets experienced notable fluctuations and developments since inception of the Fund. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied in strong fashion on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (March 5, 2025<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](ie119b09c8a1f3becada29740.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM Buffer15 Uncapped Allocation ETF - NAV ($11296)** | **S&P 500<sup>®</sup> Price Return Index ($11707)** |
| **3/5/2025** | $10000 | $10000 |
| **10/31/2025** | $11296 | $11707 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is March 5, 2025. Shares of SPBU were listed on the Cboe BZX Exchange, Inc. on March 7, 2025. |

---

#### AllianzIM Buffer15 Uncapped Allocation ETF \| SPBU

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | |
|:---|:---|
| Name | Since Inception\* |
| AllianzIM Buffer15 Uncapped Allocation ETF - NAV | 12.96% |
| S&P 500<sup>®</sup> Price Return Index | 17.07% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is March 5, 2025. Shares of SPBU were listed on the Cboe BZX Exchange, Inc. on March 7, 2025.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/spbu/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $86874 |
| # of Portfolio Holdings | 12 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $13 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Affiliated Exchange-Traded Funds | 100.0% |
| Time deposits | 0.0%<sup>Footnote Reference\*</sup> |
| Net other assets and liabilities | 0.0%<sup>Footnote Reference\*</sup> |
| Total | 100.0% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;Rounds to less than 0.05%. |

---

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM Buffer15 Uncapped Allocation ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### SPBU 1025
![Image](i80da64def9b6b807253fc3d2.jpg)

# AllianzIM 6 Month Buffer10 Allocation ETF \| SPBX \| Cboe BZX Exchange

#### Annual Shareholder Report - October 31, 2025
This annual shareholder report contains important information about AllianzIM 6 Month Buffer10 Allocation ETF (the "Fund") for the period of January 7, 2025<sup>Footnote Reference\*</sup> to October 31, 2025. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

**This report describes changes to the Fund that occurred during the reporting period.** 

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is January 7, 2025. Shares of SPBX were listed on the NYSE Arca, Inc. on January 9, 2025. |

---

# What were the Fund costs for the last year?
(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Cost of a $10,000 Investment<sup>Footnote Reference1</sup>** | **Cost Paid as a percentage of a $10,000 Investment<sup>Footnote Reference\*</sup><sup>Footnote Reference1</sup>** |
| AllianzIM 6 Month Buffer10 Allocation ETF | $4<sup>Footnote Reference\*\*</sup> | 0.05% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;Annualized. |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*\*</sup> | &nbsp;&nbsp;&nbsp;Represents a period less than one year, had the Fund existed for the full one year reporting period, costs would have been higher. |
| &nbsp;&nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;&nbsp;Reflects applicable fee waivers. |

---

# What affected Fund performance over the last year?
* Since its inception date of January 7, 2025, the Fund has returned 8.48% while the S&P 500<sup>®</sup> Price Return Index has returned 15.76%. The Fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing in a laddered portfolio of six AllianzIM U.S. Equity 6 Month Buffer10 ETFs ("Underlying ETFs"). While the Fund itself does not pursue a buffered strategy, each Underlying ETF seeks to pursue a buffered strategy that is based on the performance of the SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF's ("SPY") share price over a six-month Outcome Period. Given the strong positive performance of SPY during the period, the Fund's diversified exposure to the Outcome Periods of the Underlying ETFs has resulted in the Fund experiencing a positive return as well.

* U.S. financial markets experienced notable fluctuations and developments since inception of the Fund. The Federal Reserve's monetary policy remained a focal point, as it carefully adjusted interest rates to manage inflation while supporting economic growth. Broad U.S. stock market indices had moments of heightened volatility, largely influenced by tariffs and geopolitical tensions. Nonetheless, the S&P 500<sup>®</sup> Price Return Index rallied in strong fashion on the heels of continued strong corporate earnings and momentum from technology-related stocks.

# Fund Performance
The following graph assumes an initial $10,000 investment in the Fund at net asset value ("NAV") and compares the initial and subsequent account values at the end of each fiscal year of the Fund since its inception (January 7, 2025<sup>Footnote Reference\*</sup>). For comparative purposes, the graph and chart below also show the performance of the Fund's broad-based securities market index.

# Growth of a $10,000 Investment
![Growth of 10K Chart](ieac88972cf706a4782cd5ea8.jpg)

---

| | | |
|:---|:---|:---|
| | **AllianzIM 6 Month Buffer10 Allocation ETF - NAV ($10848)** | **S&P 500<sup>®</sup> Price Return Index ($11576)** |
| **1/7/2025** | $10000 | $10000 |
| **10/31/2025** | $10848 | $11576 |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;The inception date is January 7, 2025. Shares of SPBX were listed on the NYSE Arca, Inc. on January 9, 2025. |

---

#### AllianzIM 6 Month Buffer10 Allocation ETF \| SPBX

#### Annual Shareholder Report - October 31, 2025

# Average Annual Total Returns (%)

---

| | |
|:---|:---|
| Name | Since Inception\* |
| AllianzIM 6 Month Buffer10 Allocation ETF - NAV | 8.48% |
| S&P 500<sup>®</sup> Price Return Index | 15.76% |

---

<sup>\*</sup>&nbsp;&nbsp;&nbsp;&nbsp; The inception date is January 7, 2025. Shares of SPBX were listed on the NYSE Arca, Inc. on January 9, 2025.

**Past performance does not guarantee future results.**The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption or sale of Fund shares. Call 877-429-3837 (877-4AZ-ETFS) for current performance questions or visit www.allianzim.com/etfs/spbx/.

# Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $37902 |
| # of Portfolio Holdings | 6 |
| Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings) |  |
| Advisory Fees Paid (000s) | $11 |

---

# What did the Fund invest in?

# Portfolio Composition (as a percentage of net assets)

---

| | |
|:---|:---|
| Affiliated Exchange-Traded Funds | 100.0% |
| Time deposits | 0.0%<sup>Footnote Reference\*</sup> |
| Net other assets and liabilities | 0.0%<sup>Footnote Reference\*</sup> |
| Total | 100.0% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;&nbsp;Rounds to less than 0.05%. |

---

# How has the Fund changed over the last year?
This is a summary of certain changes to the Fund since January 7, 2025. For more complete information, you may review the Fund's next prospectus, which we expect to be available by March 1, 2026, at www.allianzim.com/regulatory-documents/ or upon request by calling 877-429-3837 (877-4AZ-ETFS).

Effective December 22, 2025, the Fund's primary listing exchange for its shares transferred from the NYSE Arca, Inc. to the Cboe BZX Exchange, Inc.

![Image](i02b00d062dcb3b96f53f4080.jpg)

![An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/](i3c6650a15ed06af513d6d71a.jpg)

#### AllianzIM 6 Month Buffer10 Allocation ETF

#### Annual Shareholder Report - October 31, 2025
If you wish to view additional information about the Fund; including but not limited to the Fund's prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

#### SPBX 1025
**Item 2. Code of Ethics.**

As of the period ended October 31, 2025 (the "Reporting Period"), the Registrant has adopted a code of ethics that applies to the Registrant's principal executive officer and principal financial officer, principal accounting officer or controller or persons performing similar functions. During the Reporting Periods, there have been no changes to, amendments to or waivers from, any provision of the code of ethics.

**Item 3. Audit Committee Financial Expert.**

The Board of Trustees of the Registrant has determined that Tamara Lynn Fagely possesses the attributes identified in Instruction (b) of Item 3 to Form N-CSR to qualify as an "audit committee financial expert," and has designated Ms. Fagely as the Registrant's audit committee financial expert. Ms. Fagely is an "independent" Trustee pursuant to paragraph (a)(2) of Item 3 to Form N-CSR.

**Item 4. Principal Accountant Fees and Services.**

The following fees paid to Cohen & Company, Ltd., the Registrant's principal accounting firm, for services rendered for the fiscal years ended October 31, 2025, and October 31, 2024.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <u>Audit Fees</u> 

The aggregate fees billed for each of the last two fiscal years for professional services rendered by the principal accountant for the audit of the Registrant's annual financial statements or services that are normally provided by the accountant in connection with statutory and regulatory filings or engagements were $429,000 for October 31, 2025, and $341,000 for October 31, 2024.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <u>Audit Related Fees</u> 

The aggregate fees billed in each of the last two fiscal years for assurance and related services rendered to the Registrant by the principal accountant that are reasonably related to the performance of the audit of the Registrant's financial statements and are not reported under paragraph (a) of this Item were $0 for October 31, 2025, and $0 for October 31, 2024.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Tax Fees

The aggregate fees billed in each of the last two fiscal years for professional services rendered to the Registrant by Cohen & Co Advisory, LLC for tax compliance, tax advice and tax planning were $171,500 for October 31, 2025, and $140,000 for October 31, 2024. These services consisted of (i) review or preparation of U.S. federal, state, local and excise tax returns; (ii) U.S. federal, state and local entity tax planning, advice and assistance regarding statutory, regulatory or administrative developments, and (iii) tax advice regarding tax qualification.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) All Other Fees

The aggregate fees billed in each of the last two fiscal years for products and services provided by the principal accountant, other than the services reported in paragraphs (a) through (c) of this Item were $0 for October 31, 2025, and $0 for October 31, 2024.

---

| | |
|:---|:---|
| (e)(1) | Pursuant to the Registrant's Audit Committee Charter that has been adopted by the audit committee, the audit committee shall approve all audit and permissible non-audit services to be provided to the Registrant and all permissible non-audit services to be provided to its investment adviser or any entity controlling, controlled by or under common control with the investment adviser that provides ongoing services to the Registrant if the engagement relates directly to the operations and financial reporting of the Registrant. The audit committee has delegated to its Chairman the approval of such services subject to reports to the full audit committee at its next subsequent meeting. |

---

---

| | |
|:---|:---|
| (e)(2) | The percentage of services described in each of paragraphs (b) through (d) of this Item that were approved by the audit committee pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X, with respect to: Audit-Related Fees were 100%; Tax Fees were 100%; and Other Fees were 100%. |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) Not applicable.

(g) The aggregate non-audit fees billed by the Registrant's
 accountant for services rendered to the Registrant, and rendered to the Registrant's investment adviser (not including any sub-adviser
 whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling,
 controlled by, or under common control with the investment adviser that provides ongoing services to the Registrant were $0 for the fiscal
 year ended October 31, 2025, and $0 for the fiscal year ended October 31, 2024.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) The Registrant's audit committee has considered
 whether the provision of non-audit services that were rendered to the Registrant's investment adviser (not including any sub-adviser
 whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling,
 controlled by, or under common control with the investment adviser that provides ongoing services to the Registrant that were not pre-approved
 pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X is compatible with maintaining the principal accountant's independence.

**Item 5. Audit Committee of Listed Registrants.**

Not applicable.

**Item 6. Investments.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) A Schedule of Investments in securities of unaffiliated
 issuers as of the close of the Reporting Period is included as part of the report to shareholders filed under Item 7 of this Form N-CSR.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Not applicable.

**Item 7. Financial Statements and Financial Highlights for Open-End Management Investment Companies.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

![](aim-cover_20951.jpg)

------

**TABLE OF CONTENTS**

---

| | |
|:---|:---|
|  | **Page** |
| [Schedules of Investments and Written Options](#soi) | &nbsp;&nbsp; [1](#soi) |
| [Statements of Assets and Liabilities](#sal) | &nbsp;&nbsp; [50](#sal) |
| [Statements of Operations](#sop) | &nbsp;&nbsp; [63](#sop) |
| [Statements of Changes in Net Assets](#scna) | &nbsp;&nbsp; [76](#scna) |
| [Financial Highlights](#fihi) | &nbsp;&nbsp; [99](#fihi) |
| [Notes to Financial Statements](#notes) | &nbsp;&nbsp; [126](#notes) |
| [Report of Independent Registered Public Accounting Firm](#rep) | &nbsp;&nbsp; [165](#rep) |
| [Other Information (unaudited) (Form N-CSR Items 8-10)](#other)<br>|  |
| &nbsp;&nbsp;&nbsp; [Changes in and Disagreements with Accountants](#chan) | &nbsp;&nbsp; [170](#chan) |
| &nbsp;&nbsp;&nbsp; [Proxy Disclosures](#prox) | &nbsp;&nbsp; [170](#prox) |
| &nbsp;&nbsp;&nbsp; [Remuneration Paid to Directors, Officers, and Others](#remu) | &nbsp;&nbsp; [170](#remu) |
| [Statement Regarding Basis for Approval of Investment Advisory Contract (unaudited) (Form N-CSR Item 11)](#item11) | &nbsp;&nbsp; [171](#item11) |

---

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer10 Jan ETF** 

**Schedule of Investments** 

**October 31, 2025**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.7%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.7%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.7%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.7%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.7%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.7%** |
| **Options on ETF – 103.7%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | December 2025 | &nbsp;&nbsp;&nbsp; $4.34 | &nbsp;&nbsp;&nbsp;&nbsp; 802 | $348068 | $54209963  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $46,389,526)** |  |  |  | 348068 | 54209963  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 0.3%**<br>|  |  |  |  |  |
| **Options on ETF – 0.3%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | December 2025 | &nbsp;&nbsp;&nbsp;&nbsp;586.02 | &nbsp;&nbsp;&nbsp;&nbsp; 802 | 46998804 | 179263  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $2,328,888)** |  |  |  | 46998804 | 179263  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 1.4%**<br>|  |  |  |  |  |
| **Time Deposits – 1.4%**<br>|  |  |  |  |  |
|  Australia & New Zealand Banking Group Ltd., London, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $743878 | 743878  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $743,878)** |  |  |  |  | 743878  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 105.4%** <br>**(Cost $49,462,292)** |  |  |  |  | 55133104  |
| Other assets less liabilities – (5.4)% |  |  |  |  | (2816843)  |
| **Net Assets – 100.0%** |  |  |  |  | $52316261 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 802 | $674.23 | December 2025 | $600016 | $54073246 | $(1922113)  |
|  |  |  |  | $600016 | $54073246 | $(1922113) |

---

**PUT OPTIONS WRITTEN<sup>(b)</sup>** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 802 | $527.47 | December 2025 | $1208015 | $42303094 | $(76142)  |
|  |  |  |  | $1208015 | $42303094 | $(76142)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$1808031** | **$96376340** | **$(1998255)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

1<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer10 Feb ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 102.6%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 102.6%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 102.6%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 102.6%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 102.6%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 102.6%** |
| **Options on ETF – 102.6%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | January 2026 | &nbsp;&nbsp;&nbsp; $4.45 | &nbsp;&nbsp;&nbsp; 1550 | $689750 | $104811000  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $85,380,495)** |  |  |  | 689750 | 104811000  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 0.8%**<br>|  |  |  |  |  |
| **Options on ETF – 0.8%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | January 2026 | &nbsp;&nbsp;&nbsp;&nbsp;601.76 | &nbsp;&nbsp;&nbsp; 1550 | 93272800 | 792050  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $8,723,858)** |  |  |  | 93272800 | 792050  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.3%**<br>|  |  |  |  |  |
| **Time Deposits – 0.3%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Citibank, <br>New York, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $290798 | 290798  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $290,798)** |  |  |  |  | 290798  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 103.7%** <br>**(Cost $94,395,151)** |  |  |  |  | 105893848  |
| Other assets less liabilities – (3.7)% |  |  |  |  | (3807841)  |
| **Net Assets – 100.0%** |  |  |  |  | $102086007 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 1550 | $690.29 | January 2026 | $575507 | $106994950 | $(3123250)  |
|  |  |  |  | $575507 | $106994950 | $(3123250) |

---

**PUT OPTIONS WRITTEN<sup>(b)</sup>** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise**<br>**Price** | **Expiration**<br>**Date** | **Premiums** <br>**Received** | **Notional**<br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 1550 | $541.64 | January 2026 | $4691583 | $83954200 | $(358050)  |
|  |  |  |  | $4691583 | $83954200 | $(358050)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$5267090** | **$190949150** | **$(3481300)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

2<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer10 Mar ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 104.1%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 104.1%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 104.1%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 104.1%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 104.1%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 104.1%** |
| **Options on ETF – 104.1%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | February 2026 | &nbsp;&nbsp;&nbsp; $4.40 | &nbsp;&nbsp;&nbsp;&nbsp; 410 | $180400 | $27739177  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $24,033,921)** |  |  |  | 180400 | 27739177  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 1.0%**<br>|  |  |  |  |  |
| **Options on ETF – 1.0%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | February 2026 | &nbsp;&nbsp;&nbsp;&nbsp;594.12 | &nbsp;&nbsp;&nbsp;&nbsp; 410 | 24358920 | 259854  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $1,313,047)** |  |  |  | 24358920 | 259854  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.4%**<br>|  |  |  |  |  |
| **Time Deposits – 0.4%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Citibank, <br>New York, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $109457 | 109457  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $109,457)** |  |  |  |  | 109457  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 105.5%** <br>**(Cost $25,456,425)** |  |  |  |  | 28108488  |
| Other assets less liabilities – (5.5)% |  |  |  |  | (1467374)  |
| **Net Assets – 100.0%** |  |  |  |  | $26641114 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 410 | $682.95 | February 2026 | $337983 | $28000950 | $(1211193)  |
|  |  |  |  | $337983 | $28000950 | $(1211193) |

---

**PUT OPTIONS WRITTEN<sup>(b)</sup>** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 410 | $534.76 | February 2026 | $689006 | $21925160 | $(124866)  |
|  |  |  |  | $689006 | $21925160 | $(124866) |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$1026989** | **$49926110** | **$(1336059)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

3<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer10 Apr ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 109.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 109.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 109.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 109.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 109.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 109.4%** |
| **Options on ETF – 109.4%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | March 2026 | &nbsp;&nbsp;&nbsp; $4.14 | &nbsp;&nbsp;&nbsp;&nbsp; 664 | $274896 | $44846898  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $36,373,338)** |  |  |  | 274896 | 44846898  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 0.9%**<br>|  |  |  |  |  |
| **Options on ETF – 0.9%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | March 2026 | &nbsp;&nbsp;&nbsp;&nbsp;559.33 | &nbsp;&nbsp;&nbsp;&nbsp; 664 | 37139512 | 375273  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $2,221,402)** |  |  |  | 37139512 | 375273  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.4%**<br>|  |  |  |  |  |
| **Time Deposits – 0.4%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Societe Generale SA, <br>Paris, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $169012 | 169012  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $169,012)** |  |  |  |  | 169012  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 110.7%** <br>**(Cost $38,763,752)** |  |  |  |  | 45391183  |
| Other assets less liabilities – (10.7)% |  |  |  |  | (4407475)  |
| **Net Assets – 100.0%** |  |  |  |  | $40983708 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 664 | $646.10 | March 2026 | $562367 | $42901040 | $(4016696)  |
|  |  |  |  | $562367 | $42901040 | $(4016696) |

---

**PUT OPTIONS WRITTEN<sup>(b)</sup>** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise**<br>**Price** | **Expiration**<br>**Date** | **Premiums**<br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 664 | $503.45 | March 2026 | $1180640 | $33429080 | $(205707)  |
|  |  |  |  | $1180640 | $33429080 | $(205707)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$1743007** | **$76330120** | **$(4222403)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

4<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer10 May ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 109.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 109.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 109.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 109.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 109.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 109.4%** |
| **Options on ETF – 109.4%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | April 2026 | &nbsp;&nbsp;&nbsp; $4.10 | &nbsp;&nbsp;&nbsp;&nbsp; 309 | $126690 | $20877446  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $16,923,397)** |  |  |  | 126690 | 20877446  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 1.1%**<br>|  |  |  |  |  |
| **Options on ETF – 1.1%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | April 2026 | &nbsp;&nbsp;&nbsp;&nbsp;554.48 | &nbsp;&nbsp;&nbsp;&nbsp; 309 | 17133432 | 204787  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $1,126,798)** |  |  |  | 17133432 | 204787  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.3%**<br>|  |  |  |  |  |
| **Time Deposits – 0.3%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Citibank, <br>New York, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $66363 | 66363  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $66,363)** |  |  |  |  | 66363  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 110.8%** <br>**(Cost $18,116,558)** |  |  |  |  | 21148596  |
| Other assets less liabilities – (10.8)% |  |  |  |  | (2065029)  |
| **Net Assets – 100.0%** |  |  |  |  | $19083567 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 309 | $651.53 | April 2026 | $328547 | $20132277 | $(1880559)  |
|  |  |  |  | $328547 | $20132277 | $(1880559) |

---

**PUT OPTIONS WRITTEN<sup>(b)</sup>** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 309 | $499.09 | April 2026 | $654876 | $15421881 | $(116644)  |
|  |  |  |  | $654876 | $15421881 | $(116644)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$983423** | **$35554158** | **$(1997203)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

5<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer10 Jun ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 106.0%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 106.0%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 106.0%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 106.0%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 106.0%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 106.0%** |
| **Options on ETF – 106.0%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | May 2026 | &nbsp;&nbsp;&nbsp; $4.36 | &nbsp;&nbsp;&nbsp;&nbsp; 337 | $146932 | $22772411  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $19,652,311)** |  |  |  | 146932 | 22772411  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 1.7%**<br>|  |  |  |  |  |
| **Options on ETF – 1.7%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | May 2026 | &nbsp;&nbsp;&nbsp;&nbsp;589.33 | &nbsp;&nbsp;&nbsp;&nbsp; 337 | 19860421 | 375505  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $1,120,801)** |  |  |  | 19860421 | 375505  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.4%**<br>|  |  |  |  |  |
| **Time Deposits – 0.4%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Canadian Imperial Bank of Commerce, <br>Toronto, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $84109 | 84109  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $84,109)** |  |  |  |  | 84109  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 108.1%** <br>**(Cost $20,857,221)** |  |  |  |  | 23232025  |
| Other assets less liabilities – (8.1)% |  |  |  |  | (1742532)  |
| **Net Assets – 100.0%** |  |  |  |  | $21489493 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 337 | $681.97 | May 2026 | $317411 | $22982389 | $(1465509)  |
|  |  |  |  | $317411 | $22982389 | $(1465509) |

---

**PUT OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration**<br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 337 | $530.45 | May 2026 | $618646 | $17876165 | $(206237)  |
|  |  |  |  | $618646 | $17876165 | $(206237)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$936057** | **$40858554** | **$(1671746)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

6<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer10 Jul ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.3%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.3%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.3%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.3%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.3%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.3%** |
| **Options on ETF – 103.3%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | June 2026 | &nbsp;&nbsp;&nbsp; $4.57 | &nbsp;&nbsp;&nbsp; 1290 | $589530 | $86929914  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $78,335,533)** |  |  |  | 589530 | 86929914  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 2.6%**<br>|  |  |  |  |  |
| **Options on ETF – 2.6%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | June 2026 | &nbsp;&nbsp;&nbsp;&nbsp;617.79 | &nbsp;&nbsp;&nbsp; 1290 | 79694910 | 2202791  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $4,251,433)** |  |  |  | 79694910 | 2202791  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.2%**<br>|  |  |  |  |  |
| **Time Deposits – 0.2%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; JP Morgan Chase & Co., <br>New York, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $143020 | 143020  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $143,020)** |  |  |  |  | 143020  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 106.1%** <br>**(Cost $82,729,986)** |  |  |  |  | 89275725  |
| Other assets less liabilities – (6.1)% |  |  |  |  | (5133647)  |
| **Net Assets – 100.0%** |  |  |  |  | $84142078 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 1290 | $712.26 | June 2026 | $1056987 | $91881540 | $(3713872)  |
|  |  |  |  | $1056987 | $91881540 | $(3713872) |

---

**PUT OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 1290 | $556.07 | June 2026 | $2384048 | $71733030 | $(1213709)  |
|  |  |  |  | $2384048 | $71733030 | $(1213709)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$3441035** | **$163614570** | **$(4927581)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

7<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer10 Aug ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 102.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 102.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 102.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 102.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 102.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 102.4%** |
| **Options on ETF – 102.4%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | July 2026 | &nbsp;&nbsp;&nbsp; $4.68 | &nbsp;&nbsp;&nbsp;&nbsp; 562 | $263016 | $37880671  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $35,008,732)** |  |  |  | 263016 | 37880671  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 3.2%**<br>|  |  |  |  |  |
| **Options on ETF – 3.2%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | July 2026 | &nbsp;&nbsp;&nbsp;&nbsp;632.02 | &nbsp;&nbsp;&nbsp;&nbsp; 562 | 35519524 | 1192019  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $1,764,693)** |  |  |  | 35519524 | 1192019  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.1%**<br>|  |  |  |  |  |
| **Time Deposits – 0.1%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; JP Morgan Chase & Co., <br>New York, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $49943 | 49943  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $49,943)** |  |  |  |  | 49943  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 105.7%** <br>**(Cost $36,823,368)** |  |  |  |  | 39122633  |
| Other assets less liabilities – (5.7)% |  |  |  |  | (2138654)  |
| **Net Assets – 100.0%** |  |  |  |  | $36983979 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 562 | $728.35 | July 2026 | $489746 | $40933270 | $(1402111)  |
|  |  |  |  | $489746 | $40933270 | $(1402111) |

---

**PUT OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 562 | $568.87 | July 2026 | $995966 | $31970494 | $(670219)  |
|  |  |  |  | $995966 | $31970494 | $(670219)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$1485712** | **$72903764** | **$(2072330)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

8<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer10 Sep ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 101.9%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 101.9%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 101.9%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 101.9%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 101.9%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 101.9%** |
| **Options on ETF – 101.9%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | August 2026 | &nbsp;&nbsp;&nbsp; $4.77 | &nbsp;&nbsp;&nbsp; 1525 | $727425 | $102827380  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $96,434,660)** |  |  |  | 727425 | 102827380  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 3.9%**<br>|  |  |  |  |  |
| **Options on ETF – 3.9%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | August 2026 | &nbsp;&nbsp;&nbsp;&nbsp;644.99 | &nbsp;&nbsp;&nbsp; 1525 | 98360975 | 3900538  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $5,177,549)** |  |  |  | 98360975 | 3900538  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.0%<sup>\*</sup>**<br>|  |  |  |  |  |
| **Time Deposits – 0.0%<sup>\*</sup>**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; DBS Bank Ltd., <br>Singapore, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $30203 | 30203  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $30,203)** |  |  |  |  | 30203  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 105.8%** <br>**(Cost $101,642,412)** |  |  |  |  | 106758121  |
| Other assets less liabilities – (5.8)% |  |  |  |  | (5921184)  |
| **Net Assets – 100.0%** |  |  |  |  | $100836937 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 1525 | $739.81 | August 2026 | $1297237 | $112821025 | $(3566273)  |
|  |  |  |  | $1297237 | $112821025 | $(3566273) |

---

**PUT OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 1525 | $580.55 | August 2026 | $2896474 | $88533875 | $(2235437)  |
|  |  |  |  | $2896474 | $88533875 | $(2235437)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$4193711** | **$201354900** | **$(5801710)** |

---

\* Rounds to less than 0.05%.

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

9<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer10 Oct ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 100.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 100.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 100.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 100.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 100.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 100.4%** |
| **Options on ETF – 100.4%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | September 2026 | &nbsp;&nbsp;&nbsp; $4.93 | &nbsp;&nbsp;&nbsp;&nbsp; 869 | $428417 | $58440919  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $57,057,616)** |  |  |  | 428417 | 58440919  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 4.9%**<br>|  |  |  |  |  |
| **Options on ETF – 4.9%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | September 2026 | &nbsp;&nbsp;&nbsp;&nbsp;666.11 | &nbsp;&nbsp;&nbsp;&nbsp; 869 | 57884959 | 2839510  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $3,128,543)** |  |  |  | 57884959 | 2839510  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.1%**<br>|  |  |  |  |  |
| **Time Deposits – 0.1%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Sumitomo Mitsui Trust Bank Ltd., <br>London, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $40002 | 40002  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $40,002)** |  |  |  |  | 40002  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 105.4%** <br>**(Cost $60,226,161)** |  |  |  |  | 61320431  |
| Other assets less liabilities – (5.4)% |  |  |  |  | (3124974)  |
| **Net Assets – 100.0%** |  |  |  |  | $58195457 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 869 | $765.24 | September 2026 | $921194 | $66499356 | $(1441845)  |
|  |  |  |  | $921194 | $66499356 | $(1441845) |

---

**PUT OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 869 | $599.56 | September 2026 | $1792444 | $52101764 | $(1649145)  |
|  |  |  |  | $1792444 | $52101764 | $(1649145)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$2713638** | **$118601120** | **$(3090990)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

10<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer10 Nov ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.5%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.5%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.5%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.5%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.5%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.5%** |
| **Options on ETF – 99.5%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | October 2026 | &nbsp;&nbsp;&nbsp; $5.05 | &nbsp;&nbsp;&nbsp;&nbsp; 284 | $143420 | $19100988  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $19,102,082)** |  |  |  | 143420 | 19100988  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 5.8%**<br>|  |  |  |  |  |
| **Options on ETF – 5.8%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | October 2026 | &nbsp;&nbsp;&nbsp;&nbsp;681.99 | &nbsp;&nbsp;&nbsp;&nbsp; 284 | 19368516 | 1113848  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $1,114,941)** |  |  |  | 19368516 | 1113848  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 1.2%**<br>|  |  |  |  |  |
| **Time Deposits – 1.2%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Skandinaviska Enskilda Banken AB, <br>Stockholm, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $232358 | 232358  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $232,358)** |  |  |  |  | 232358  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 106.5%** <br>**(Cost $20,449,381)** |  |  |  |  | 20447194  |
| Other assets less liabilities – (6.5)% |  |  |  |  | (1247779)  |
| **Net Assets – 100.0%** |  |  |  |  | $19199415 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 284 | $796.37 | October 2026 | $322383 | $22616908 | $(323476)  |
|  |  |  |  | $322383 | $22616908 | $(323476) |

---

**PUT OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 284 | $613.85 | October 2026 | $663182 | $17433340 | $(664276)  |
|  |  |  |  | $663182 | $17433340 | $(664276)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$985565** | **$40050248** | **$(987752)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

11<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer10 Dec ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 101.0%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 101.0%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 101.0%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 101.0%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 101.0%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 101.0%** |
| **Options on ETF – 101.0%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | November 2025 | &nbsp;&nbsp;&nbsp; $4.46 | &nbsp;&nbsp;&nbsp; 1734 | $773364 | $117523410  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $104,025,002)** |  |  |  | 773364 | 117523410  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 0.1%**<br>|  |  |  |  |  |
| **Options on ETF – 0.1%** |  |  |  |  |  |
| SPDR S&P 500 ETF Trust | November 2025 | &nbsp;&nbsp;&nbsp;&nbsp;602.49 | &nbsp;&nbsp;&nbsp; 1734 | 104471766 | 137142  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $4,405,714)** |  |  |  | 104471766 | 137142  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.6%**<br>|  |  |  |  |  |
| **Time Deposits – 0.6%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Sumitomo Mitsui Trust Bank Ltd., <br>London, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $644247 | 644247  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $644,247)** |  |  |  |  | 644247  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 101.7%** <br>**(Cost $109,074,963)** |  |  |  |  | 118304799  |
| Other assets less liabilities – (1.7)% |  |  |  |  | (1974874)  |
| **Net Assets – 100.0%** |  |  |  |  | $116329925 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 1734 | $691.73 | November 2025 | $1157449 | $119945982 | $(1203604)  |
|  |  |  |  | $1157449 | $119945982 | $(1203604) |

---

**PUT OPTIONS WRITTEN<sup>(b)</sup>** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 1734 | $542.30 | November 2025 | $2097038 | $94034820 | $(47408)  |
|  |  |  |  | $2097038 | $94034820 | $(47408)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$3254487** | **$213980802** | **$(1251012)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

12<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer20 Jan ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 106.6%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 106.6%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 106.6%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 106.6%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 106.6%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 106.6%** |
| **Options on ETF – 106.6%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | December 2025 | &nbsp;&nbsp;&nbsp; $4.40 | &nbsp;&nbsp;&nbsp; 4557 | $2005080 | $307996329  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $262,771,464)** |  |  |  | 2005080 | 307996329  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 0.4%**<br>|  |  |  |  |  |
| **Options on ETF – 0.4%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | December 2025 | &nbsp;&nbsp;&nbsp;&nbsp;586.14 | &nbsp;&nbsp;&nbsp; 4557 | 267103998 | 1020722  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $13,305,066)** |  |  |  | 267103998 | 1020722  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.8%**<br>|  |  |  |  |  |
| **Time Deposits – 0.8%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; JP Morgan Chase & Co., <br>New York, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $2297016 | 2297016  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $2,297,016)** |  |  |  |  | 2297016  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 107.8%** <br>**(Cost $278,373,546)** |  |  |  |  | 311314067  |
| Other assets less liabilities – (7.8)% |  |  |  |  | (22559453)  |
| **Net Assets – 100.0%** |  |  |  |  | $288754614 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 4557 | $649.38 | December 2025 | $6412496 | $295922466 | $(19682138)  |
|  |  |  |  | $6412496 | $295922466 | $(19682138) |

---

**PUT OPTIONS WRITTEN<sup>(b)</sup>** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 4557 | $468.86 | December 2025 | $3750142 | $213659502 | $(222564)  |
|  |  |  |  | $3750142 | $213659502 | $(222564)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$10162638** | **$509581968** | **$(19904702)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

13<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer20 Feb ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 105.2%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 105.2%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 105.2%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 105.2%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 105.2%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 105.2%** |
| **Options on ETF – 105.2%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | January 2026 | &nbsp;&nbsp;&nbsp; $4.51 | &nbsp;&nbsp;&nbsp; 1598 | $720698 | $108082008  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $94,719,544)** |  |  |  | 720698 | 108082008  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 0.8%**<br>|  |  |  |  |  |
| **Options on ETF – 0.8%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | January 2026 | &nbsp;&nbsp;&nbsp;&nbsp;601.88 | &nbsp;&nbsp;&nbsp; 1598 | 96180424 | 821260  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $4,677,240)** |  |  |  | 96180424 | 821260  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.4%**<br>|  |  |  |  |  |
| **Time Deposits – 0.4%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Citibank, <br>New York, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $454781 | 454781  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $454,781)** |  |  |  |  | 454781  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 106.4%** <br>**(Cost $99,851,565)** |  |  |  |  | 109358049  |
| Other assets less liabilities – (6.4)% |  |  |  |  | (6632704)  |
| **Net Assets – 100.0%** |  |  |  |  | $102725345 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 1598 | $665.37 | January 2026 | $2260806 | $106326126 | $(5880960)  |
|  |  |  |  | $2260806 | $106326126 | $(5880960) |

---

**PUT OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 1598 | $481.46 | January 2026 | $1271322 | $76937308 | $(192239)  |
|  |  |  |  | $1271322 | $76937308 | $(192239)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$3532128** | **$183263434** | **$(6073199)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

14<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer20 Mar ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 106.8%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 106.8%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 106.8%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 106.8%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 106.8%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 106.8%** |
| **Options on ETF – 106.8%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | February 2026 | &nbsp;&nbsp;&nbsp; $4.46 | &nbsp;&nbsp;&nbsp; 1082 | $482572 | $73197971  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $62,930,151)** |  |  |  | 482572 | 73197971  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 1.0%**<br>|  |  |  |  |  |
| **Options on ETF – 1.0%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | February 2026 | &nbsp;&nbsp;&nbsp;&nbsp;594.24 | &nbsp;&nbsp;&nbsp; 1082 | 64296768 | 686843  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $3,814,105)** |  |  |  | 64296768 | 686843  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.5%**<br>|  |  |  |  |  |
| **Time Deposits – 0.5%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Citibank, <br>New York, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $354864 | 354864  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $354,864)** |  |  |  |  | 354864  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 108.3%** <br>**(Cost $67,099,120)** |  |  |  |  | 74239678  |
| Other assets less liabilities – (8.3)% |  |  |  |  | (5723746)  |
| **Net Assets – 100.0%** |  |  |  |  | $68515932 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 1082 | $657.52 | February 2026 | $1404467 | $71143664 | $(5157115)  |
|  |  |  |  | $1404467 | $71143664 | $(5157115) |

---

**PUT OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 1082 | $475.34 | February 2026 | $1031910 | $51431788 | $(182371)  |
|  |  |  |  | $1031910 | $51431788 | $(182371)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$2436377** | **$122575452** | **$(5339486)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

15<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer20 Apr ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 113.2%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 113.2%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 113.2%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 113.2%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 113.2%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 113.2%** |
| **Options on ETF – 113.2%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | March 2026 | &nbsp;&nbsp;&nbsp; $4.20 | &nbsp;&nbsp;&nbsp; 2841 | $1193220 | $191865827  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $156,059,881)** |  |  |  | 1193220 | 191865827  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 0.9%**<br>|  |  |  |  |  |
| **Options on ETF – 0.9%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | March 2026 | &nbsp;&nbsp;&nbsp;&nbsp;559.45 | &nbsp;&nbsp;&nbsp; 2841 | 158939745 | 1607864  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $9,494,097)** |  |  |  | 158939745 | 1607864  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.3%**<br>|  |  |  |  |  |
| **Time Deposits – 0.3%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Citibank, <br>New York, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $514131 | 514131  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $514,131)** |  |  |  |  | 514131  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 114.4%** <br>**(Cost $166,068,109)** |  |  |  |  | 193987822  |
| Other assets less liabilities – (14.4)% |  |  |  |  | (24419019)  |
| **Net Assets – 100.0%** |  |  |  |  | $169568803 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 2841 | $620.53 | March 2026 | $4666436 | $176292573 | $(23133098)  |
|  |  |  |  | $4666436 | $176292573 | $(23133098) |

---

**PUT OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 2841 | $447.51 | March 2026 | $2565921 | $127137591 | $(535216)  |
|  |  |  |  | $2565921 | $127137591 | $(535216)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$7232357** | **$303430164** | **$(23668314)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

16<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer20 May ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 113.7%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 113.7%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 113.7%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 113.7%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 113.7%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 113.7%** |
| **Options on ETF – 113.7%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | April 2026 | &nbsp;&nbsp;&nbsp; $4.16 | &nbsp;&nbsp;&nbsp; 1156 | $480896 | $78097822  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $63,075,686)** |  |  |  | 480896 | 78097822  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 1.1%**<br>|  |  |  |  |  |
| **Options on ETF – 1.1%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | April 2026 | &nbsp;&nbsp;&nbsp;&nbsp;554.60 | &nbsp;&nbsp;&nbsp; 1156 | 64111760 | 767122  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $4,362,327)** |  |  |  | 64111760 | 767122  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.3%**<br>|  |  |  |  |  |
| **Time Deposits – 0.3%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; JP Morgan Chase & Co., <br>New York, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $225851 | 225851  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $225,851)** |  |  |  |  | 225851  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 115.1%** <br>**(Cost $67,663,864)** |  |  |  |  | 79090795  |
| Other assets less liabilities – (15.1)% |  |  |  |  | (10401589)  |
| **Net Assets – 100.0%** |  |  |  |  | $68689206 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 1156 | $621.08 | April 2026 | $2286550 | $71796848 | $(9853814)  |
|  |  |  |  | $2286550 | $71796848 | $(9853814) |

---

**PUT OPTIONS WRITTEN<sup>(b)</sup>** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 1156 | $443.63 | April 2026 | $1406967 | $51283628 | $(267348)  |
|  |  |  |  | $1406967 | $51283628 | $(267348)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$3693517** | **$123080476** | **$(10121162)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

17<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer20 Jun ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 109.0%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 109.0%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 109.0%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 109.0%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 109.0%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 109.0%** |
| **Options on ETF – 109.0%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | May 2026 | &nbsp;&nbsp;&nbsp; $4.42 | &nbsp;&nbsp;&nbsp; 1024 | $452608 | $69189704  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $59,574,166)** |  |  |  | 452608 | 69189704  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 1.8%**<br>|  |  |  |  |  |
| **Options on ETF – 1.8%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | May 2026 | &nbsp;&nbsp;&nbsp;&nbsp;589.45 | &nbsp;&nbsp;&nbsp; 1024 | 60359680 | 1142405  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $3,374,709)** |  |  |  | 60359680 | 1142405  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.2%**<br>|  |  |  |  |  |
| **Time Deposits – 0.2%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Sumitomo Mitsui Trust Bank Ltd., <br>London, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $147927 | 147927  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $147,927)** |  |  |  |  | 147927  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 111.0%** <br>**(Cost $63,096,802)** |  |  |  |  | 70480036  |
| Other assets less liabilities – (11.0)% |  |  |  |  | (7013039)  |
| **Net Assets – 100.0%** |  |  |  |  | $63466997 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 1024 | $654.41 | May 2026 | $1871379 | $67011584 | $(6453719)  |
|  |  |  |  | $1871379 | $67011584 | $(6453719) |

---

**PUT OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 1024 | $471.51 | May 2026 | $1044007 | $48282624 | $(360540)  |
|  |  |  |  | $1044007 | $48282624 | $(360540)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$2915386** | **$115294208** | **$(6814259)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

18<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer20 Jul ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 105.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 105.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 105.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 105.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 105.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 105.4%** |
| **Options on ETF – 105.4%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | June 2026 | &nbsp;&nbsp;&nbsp; $4.63 | &nbsp;&nbsp;&nbsp; 4806 | $2225178 | $323836402  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $293,242,457)** |  |  |  | 2225178 | 323836402  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 2.7%**<br>|  |  |  |  |  |
| **Options on ETF – 2.7%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | June 2026 | &nbsp;&nbsp;&nbsp;&nbsp;617.91 | &nbsp;&nbsp;&nbsp; 4806 | 296967546 | 8216049  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $15,576,720)** |  |  |  | 296967546 | 8216049  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.2%**<br>|  |  |  |  |  |
| **Time Deposits – 0.2%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Sumitomo Mitsui Trust Bank Ltd., <br>London, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $508611 | 508611  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $508,611)** |  |  |  |  | 508611  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 108.3%** <br>**(Cost $309,327,788)** |  |  |  |  | 332561062  |
| Other assets less liabilities – (8.3)% |  |  |  |  | (25282774)  |
| **Net Assets – 100.0%** |  |  |  |  | $307278288 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 4806 | $683.22 | June 2026 | $8341079 | $328355532 | $(21997158)  |
|  |  |  |  | $8341079 | $328355532 | $(21997158) |

---

**PUT OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 4806 | $494.28 | June 2026 | $4742241 | $237550968 | $(2520747)  |
|  |  |  |  | $4742241 | $237550968 | $(2520747)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$13083320** | **$565906500** | **$(24517905)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

19<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer20 Aug ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.9%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.9%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.9%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.9%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.9%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.9%** |
| **Options on ETF – 103.9%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | July 2026 | &nbsp;&nbsp;&nbsp; $4.74 | &nbsp;&nbsp;&nbsp; 2330 | $1104420 | $157036198  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $145,179,176)** |  |  |  | 1104420 | 157036198  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 3.3%**<br>|  |  |  |  |  |
| **Options on ETF – 3.3%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | July 2026 | &nbsp;&nbsp;&nbsp;&nbsp;632.14 | &nbsp;&nbsp;&nbsp; 2330 | 147288620 | 4947312  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $7,530,082)** |  |  |  | 147288620 | 4947312  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.1%**<br>|  |  |  |  |  |
| **Time Deposits – 0.1%**<br>|  |  |  |  |  |
|  Australia & New Zealand Banking Group Ltd., New York, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $183814 | 183814  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $183,814)** |  |  |  |  | 183814  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 107.3%** <br>**(Cost $152,893,072)** |  |  |  |  | 162167324  |
| Other assets less liabilities – (7.3)% |  |  |  |  | (11050662)  |
| **Net Assets – 100.0%** |  |  |  |  | $151116662 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 2330 | $700.16 | July 2026 | $3825211 | $163137280 | $(9206576)  |
|  |  |  |  | $3825211 | $163137280 | $(9206576) |

---

**PUT OPTIONS WRITTEN<sup>(b)</sup>** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 2330 | $505.66 | July 2026 | $2266279 | $117818780 | $(1553364)  |
|  |  |  |  | $2266279 | $117818780 | $(1553364)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$6091490** | **$280956060** | **$(10759940)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

20<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer20 Sep ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.0%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.0%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.0%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.0%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.0%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.0%** |
| **Options on ETF – 103.0%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | August 2026 | &nbsp;&nbsp;&nbsp; $4.84 | &nbsp;&nbsp;&nbsp; 4464 | $2160576 | $300967433  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $282,679,412)** |  |  |  | 2160576 | 300967433  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 3.9%**<br>|  |  |  |  |  |
| **Options on ETF – 3.9%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | August 2026 | &nbsp;&nbsp;&nbsp;&nbsp;645.11 | &nbsp;&nbsp;&nbsp; 4464 | 287977104 | 11429447  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $15,097,512)** |  |  |  | 287977104 | 11429447  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.1%**<br>|  |  |  |  |  |
| **Time Deposits – 0.1%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Canadian Imperial Bank of Commerce, <br>Toronto, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $224742 | 224742  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $224,742)** |  |  |  |  | 224742  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 107.0%** <br>**(Cost $298,001,666)** |  |  |  |  | 312621622  |
| Other assets less liabilities – (7.0)% |  |  |  |  | (20515244)  |
| **Net Assets – 100.0%** |  |  |  |  | $292106378 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 4464 | $711.30 | August 2026 | $7386491 | $317524320 | $(16479927)  |
|  |  |  |  | $7386491 | $317524320 | $(16479927) |

---

**PUT OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 4464 | $516.04 | August 2026 | $4628193 | $230360256 | $(3682800)  |
|  |  |  |  | $4628193 | $230360256 | $(3682800)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$12014684** | **$547884576** | **$(20162727)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

21<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer20 Oct ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 100.9%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 100.9%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 100.9%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 100.9%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 100.9%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 100.9%** |
| **Options on ETF – 100.9%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | September 2026 | &nbsp;&nbsp;&nbsp; $5.00 | &nbsp;&nbsp;&nbsp; 4924 | $2462000 | $331109604  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $323,760,707)** |  |  |  | 2462000 | 331109604  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 4.9%**<br>|  |  |  |  |  |
| **Options on ETF – 4.9%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | September 2026 | &nbsp;&nbsp;&nbsp;&nbsp;666.25 | &nbsp;&nbsp;&nbsp; 4924 | 328061500 | 16107684  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $17,572,622)** |  |  |  | 328061500 | 16107684  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.1%**<br>|  |  |  |  |  |
| **Time Deposits – 0.1%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Sumitomo Mitsui Trust Bank Ltd., <br>London, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $203346 | 203346  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $203,346)** |  |  |  |  | 203346  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 105.9%** <br>**(Cost $341,536,675)** |  |  |  |  | 347420634  |
| Other assets less liabilities – (5.9)% |  |  |  |  | (19170897)  |
| **Net Assets – 100.0%** |  |  |  |  | $328249737 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 4924 | $734.73 | September 2026 | $9878328 | $361781052 | $(13711174)  |
|  |  |  |  | $9878328 | $361781052 | $(13711174) |

---

**PUT OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 4924 | $532.94 | September 2026 | $5600877 | $262419656 | $(5269074)  |
|  |  |  |  | $5600877 | $262419656 | $(5269074)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$15479205** | **$624200708** | **$(18980248)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

22<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer20 Nov ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.3%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.3%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.3%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.3%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.3%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.3%** |
| **Options on ETF – 99.3%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | October 2026 | &nbsp;&nbsp;&nbsp; $5.12 | &nbsp;&nbsp;&nbsp;&nbsp; 854 | $437248 | $57432354  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $57,435,642)** |  |  |  | 437248 | 57432354  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 5.8%**<br>|  |  |  |  |  |
| **Options on ETF - 5.8%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | October 2026 | &nbsp;&nbsp;&nbsp;&nbsp;682.13 | &nbsp;&nbsp;&nbsp;&nbsp; 854 | 58253902 | 3352804  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $3,356,092)** |  |  |  | 58253902 | 3352804  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.8%**<br>|  |  |  |  |  |
| **Time Deposits – 0.8%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Societe Generale SA, <br>Paris, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $459222 | 459222  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $459,222)** |  |  |  |  | 459222  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 105.9%** <br>**(Cost $61,250,956)** |  |  |  |  | 61244380  |
| Other assets less liabilities – (5.9)% |  |  |  |  | (3429233)  |
| **Net Assets – 100.0%** |  |  |  |  | $57815147 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 854 | $759.54 | October 2026 | $1805484 | $64864716 | $(1808772)  |
|  |  |  |  | $1805484 | $64864716 | $(1808772) |

---

**PUT OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 854 | $545.65 | October 2026 | $1163276 | $46598510 | $(1166564)  |
|  |  |  |  | $1163276 | $46598510 | $(1166564)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$2968760** | **$111463226**  | **$(2975336)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

23<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer20 Dec ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.4%** |
| **Options on ETF – 103.4%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | November 2025 | &nbsp;&nbsp;&nbsp; $4.52 | &nbsp;&nbsp;&nbsp; 5869 | $2652788 | $397741661  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $349,262,425)** |  |  |  | 2652788 | 397741661  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 0.1%**<br>|  |  |  |  |  |
| **Options on ETF – 0.1%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | November 2025 | &nbsp;&nbsp;&nbsp;&nbsp;602.61 | &nbsp;&nbsp;&nbsp; 5869 | 353671809 | 465470  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $15,272,434)** |  |  |  | 353671809 | 465470  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.6%**<br>|  |  |  |  |  |
| **Time Deposits – 0.6%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; JP Morgan Chase & Co., <br>New York, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $2309383 | 2309383  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $2,309,383)** |  |  |  |  | 2309383  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 104.1%** <br>**(Cost $366,844,242)** |  |  |  |  | 400516514  |
| Other assets less liabilities – (4.1)% |  |  |  |  | (15642976)  |
| **Net Assets – 100.0%** |  |  |  |  | $384873538 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 5869 | $668.23 | November 2025 | $7967254 | $392184187 | $(12988332)  |
|  |  |  |  | $7967254 | $392184187 | $(12988332) |

---

**PUT OPTIONS WRITTEN<sup>(b)</sup>** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 5869 | $482.04 | November 2025 | $4122758 | $282909276 | $(62504)  |
|  |  |  |  | $4122758 | $282909276 | $(62504)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$12090012** | **$675093463** | **$(13050836)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

24<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.7%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.7%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.7%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.7%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.7%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.7%** |
| **Options on ETF – 99.7%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | December 2025 | &nbsp;&nbsp;&nbsp; $22.80 | &nbsp;&nbsp;&nbsp; 1176 | $2681280 | $77335995  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $66,363,156)** |  |  |  | 2681280 | 77335995  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 0.5%**<br>|  |  |  |  |  |
| **Options on ETF – 0.5%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | December 2025 | &nbsp;&nbsp;&nbsp;&nbsp;604.48 | &nbsp;&nbsp;&nbsp; 1176 | 71086848 | 367429  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $3,946,330)** |  |  |  | 71086848 | 367429  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.4%**<br>|  |  |  |  |  |
| **Time Deposits – 0.4%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Sumitomo Mitsui Trust Bank Ltd., <br>London, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $342012 | 342012  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $342,012)** |  |  |  |  | 342012  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 100.6%** <br>**(Cost $70,651,498)** |  |  |  |  | 78045436  |
| Other assets less liabilities – (0.6)% |  |  |  |  | (494225)  |
| **Net Assets – 100.0%** |  |  |  |  | $77551211 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**PUT OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 1176 | $498.17 | December 2025 | $1213230 | $58584792 | $(79603)  |
|  |  |  |  | $1213230 | $58584792 | $(79603)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$1213230** | **$58584792** | **$(79603)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

25<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.4%** |
| **Options on ETF – 99.4%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | January 2026 | &nbsp;&nbsp;&nbsp; $17.45 | &nbsp;&nbsp;&nbsp;&nbsp; 708 | $1235460 | $46980020  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $41,015,833)** |  |  |  | 1235460 | 46980020  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 0.9%**<br>|  |  |  |  |  |
| **Options on ETF – 0.9%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | January 2026 | &nbsp;&nbsp;&nbsp;&nbsp;614.76 | &nbsp;&nbsp;&nbsp;&nbsp; 708 | 43525008 | 442047  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $2,697,697)** |  |  |  | 43525008 | 442047  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.5%**<br>|  |  |  |  |  |
| **Time Deposits – 0.5%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Sumitomo Mitsui Trust Bank Ltd., <br>London, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $240434 | 240434  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $240,434)** |  |  |  |  | 240434  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 100.8%** <br>**(Cost $43,953,964)** |  |  |  |  | 47662501  |
| Other assets less liabilities – (0.8)% |  |  |  |  | (361667)  |
| **Net Assets – 100.0%** |  |  |  |  | $47300834 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**PUT OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 708 | $511.55 | January 2026 | $772663 | $36217740 | $(113797)  |
|  |  |  |  | $772663 | $36217740 | $(113797)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$772663** | **$36217740** | **$(113797)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

26<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.2%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.2%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.2%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.2%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.2%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.2%** |
| **Options on ETF – 99.2%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | February 2026 | &nbsp;&nbsp;&nbsp; $25.91 | &nbsp;&nbsp;&nbsp;&nbsp; 359 | $930169 | $23527431  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $20,250,240)** |  |  |  | 930169 | 23527431  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 1.3%**<br>|  |  |  |  |  |
| **Options on ETF – 1.3%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | February 2026 | &nbsp;&nbsp;&nbsp;&nbsp;615.63 | &nbsp;&nbsp;&nbsp;&nbsp; 359 | 22101117 | 302210  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $1,409,173)** |  |  |  | 22101117 | 302210  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.3%**<br>|  |  |  |  |  |
| **Time Deposits – 0.3%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; DBS Bank Ltd., <br>Singapore, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $62663 | 62663  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $62,663)** |  |  |  |  | 62663  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 100.8%** <br>**(Cost $21,722,076)** |  |  |  |  | 23892304  |
| Other assets less liabilities – (0.8)% |  |  |  |  | (171164)  |
| **Net Assets – 100.0%** |  |  |  |  | $23721140 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**PUT OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 359 | $505.05 | February 2026 | $453476 | $18131295 | $(79835)  |
|  |  |  |  | $453476 | $18131295 | $(79835)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$453476** | **$18131295** | **$(79835)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

27<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.4%** |
| **Options on ETF – 99.4%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | March 2026 | &nbsp;&nbsp;&nbsp; $27.41 | &nbsp;&nbsp;&nbsp;&nbsp; 741 | $2031081 | $48353451  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $39,602,769)** |  |  |  | 2031081 | 48353451  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 1.1%**<br>|  |  |  |  |  |
| **Options on ETF – 1.1%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | March 2026 | &nbsp;&nbsp;&nbsp;&nbsp;582.60 | &nbsp;&nbsp;&nbsp;&nbsp; 741 | 43170660 | 548948  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $2,808,076)** |  |  |  | 43170660 | 548948  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.3%**<br>|  |  |  |  |  |
| **Time Deposits – 0.3%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; DBS Bank Ltd., <br>Singapore, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $140173 | 140173  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $140,173)** |  |  |  |  | 140173  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 100.8%** <br>**(Cost $42,551,018)** |  |  |  |  | 49042572  |
| Other assets less liabilities – (0.8)% |  |  |  |  | (360747)  |
| **Net Assets – 100.0%** |  |  |  |  | $48681825 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**PUT OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 741 | $475.48 | March 2026 | $902700 | $35233068 | $(176841)  |
|  |  |  |  | $902700 | $35233068 | $(176841)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$902700** | **$35233068** | **$(176841)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

28<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer15 Uncapped May ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.3%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.3%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.3%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.3%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.3%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.3%** |
| **Options on ETF – 99.3%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | April 2026 | &nbsp;&nbsp;&nbsp; $31.28 | &nbsp;&nbsp;&nbsp;&nbsp; 375 | $1173000 | $24338693  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $19,739,547)** |  |  |  | 1173000 | 24338693  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 1.4%**<br>|  |  |  |  |  |
| **Options on ETF – 1.4%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | April 2026 | &nbsp;&nbsp;&nbsp;&nbsp;581.66 | &nbsp;&nbsp;&nbsp;&nbsp; 375 | 21812250 | 334181  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $1,742,744)** |  |  |  | 21812250 | 334181  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.1%**<br>|  |  |  |  |  |
| **Time Deposits – 0.1%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Skandinaviska Enskilda Banken AB, <br>Stockholm, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $32701 | 32701  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $32,701)** |  |  |  |  | 32701  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 100.8%** <br>**(Cost $21,514,992)** |  |  |  |  | 24705575  |
| Other assets less liabilities – (0.8)% |  |  |  |  | (194548)  |
| **Net Assets – 100.0%** |  |  |  |  | $24511027 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**PUT OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 375 | $471.36 | April 2026 | $578169 | $17676000 | $(110058)  |
|  |  |  |  | $578169 | $17676000 | $(110058)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$578169** | **$17676000** | **$(110058)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

29<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 98.7%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 98.7%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 98.7%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 98.7%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 98.7%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 98.7%** |
| **Options on ETF – 98.7%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | May 2026 | &nbsp;&nbsp;&nbsp; $27.70 | &nbsp;&nbsp;&nbsp;&nbsp; 392 | $1085840 | $25596157  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $22,347,817)** |  |  |  | 1085840 | 25596157  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 2.1%**<br>|  |  |  |  |  |
| **Options on ETF – 2.1%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | May 2026 | &nbsp;&nbsp;&nbsp;&nbsp;612.67 | &nbsp;&nbsp;&nbsp;&nbsp; 392 | 24016664 | 553927  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $1,464,091)** |  |  |  | 24016664 | 553927  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.2%**<br>|  |  |  |  |  |
| **Time Deposits – 0.2%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Sumitomo Corporation, <br>Tokyo, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $45800 | 45800  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $45,800)** |  |  |  |  | 45800  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 101.0%** <br>**(Cost $23,857,708)** |  |  |  |  | 26195884  |
| Other assets less liabilities – (1.0)% |  |  |  |  | (245990)  |
| **Net Assets – 100.0%** |  |  |  |  | $25949894 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**PUT OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 392 | $500.98 | May 2026 | $509787 | $19638416 | $(180210)  |
|  |  |  |  | $509787 | $19638416 | $(180210)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$509787** | **$19638416** | **$(180210)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

30<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 97.9%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 97.9%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 97.9%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 97.9%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 97.9%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 97.9%** |
| **Options on ETF – 97.9%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | June 2026 | &nbsp;&nbsp;&nbsp; $27.06 | &nbsp;&nbsp;&nbsp; 2149 | $5815194 | $140114542  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $129,903,512)** |  |  |  | 5815194 | 140114542  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 3.2%**<br>|  |  |  |  |  |
| **Options on ETF – 3.2%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | June 2026 | &nbsp;&nbsp;&nbsp;&nbsp;640.28 | &nbsp;&nbsp;&nbsp; 2149 | 137596172 | 4540042  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $7,066,317)** |  |  |  | 137596172 | 4540042  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.1%**<br>|  |  |  |  |  |
| **Time Deposits – 0.1%**<br>|  |  |  |  |  |
|  Australia & New Zealand Banking Group Ltd., London, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $177396 | 177396  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $177,396)** |  |  |  |  | 177396  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 101.2%** <br>**(Cost $137,147,225)** |  |  |  |  | 144831980  |
| Other assets less liabilities – (1.2)% |  |  |  |  | (1740489)  |
| **Net Assets – 100.0%** |  |  |  |  | $143091491 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**PUT OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 2149 | $525.17 | June 2026 | $2351233 | $112859033 | $(1500711)  |
|  |  |  |  | $2351233 | $112859033 | $(1500711)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$2351233** | **$112859033** | **$(1500711)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

31<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 97.5%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 97.5%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 97.5%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 97.5%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 97.5%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 97.5%** |
| **Options on ETF – 97.5%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | July 2026 | &nbsp;&nbsp;&nbsp; $25.60 | &nbsp;&nbsp;&nbsp;&nbsp; 452 | $1157120 | $29549721  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $27,361,403)** |  |  |  | 1157120 | 29549721  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 3.8%**<br>|  |  |  |  |  |
| **Options on ETF – 3.8%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | July 2026 | &nbsp;&nbsp;&nbsp;&nbsp;652.94 | &nbsp;&nbsp;&nbsp;&nbsp; 452 | 29512888 | 1157274  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $1,726,692)** |  |  |  | 29512888 | 1157274  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.2%**<br>|  |  |  |  |  |
| **Time Deposits – 0.2%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Citibank, <br>New York, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $58891 | 58891  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $58,891)** |  |  |  |  | 58891  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 101.5%** <br>**(Cost $29,146,986)** |  |  |  |  | 30765886  |
| Other assets less liabilities – (1.5)% |  |  |  |  | (467622)  |
| **Net Assets – 100.0%** |  |  |  |  | $30298264 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**PUT OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 452 | $537.27 | July 2026 | $590505 | $24284604 | $(402366)  |
|  |  |  |  | $590505 | $24284604 | $(402366)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$590505** | **$24284604** | **$(402366)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

32<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 97.1%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 97.1%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 97.1%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 97.1%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 97.1%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 97.1%** |
| **Options on ETF – 97.1%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | August 2026 | &nbsp;&nbsp;&nbsp; $27.09 | &nbsp;&nbsp;&nbsp; 1932 | $5233788 | $126102876  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $119,435,135)** |  |  |  | 5233788 | 126102876  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 4.6%**<br>|  |  |  |  |  |
| **Options on ETF – 4.6%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | August 2026 | &nbsp;&nbsp;&nbsp;&nbsp;667.30 | &nbsp;&nbsp;&nbsp; 1932 | 128922360 | 5961882  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $7,560,798)** |  |  |  | 128922360 | 5961882  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.1%**<br>|  |  |  |  |  |
| **Time Deposits – 0.1%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Citibank, <br>New York, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $106994 | 106994  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $106,994)** |  |  |  |  | 106994  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 101.8%** <br>**(Cost $127,102,927)** |  |  |  |  | 132171752  |
| Other assets less liabilities – (1.8)% |  |  |  |  | (2268717)  |
| **Net Assets – 100.0%** |  |  |  |  | $129903035 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**PUT OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 1932 | $548.29 | August 2026 | $2592578 | $105929628 | $(2124022)  |
|  |  |  |  | $2592578 | $105929628 | $(2124022)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$2592578** | **$105929628** | **$(2124022)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

33<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 96.2%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 96.2%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 96.2%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 96.2%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 96.2%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 96.2%** |
| **Options on ETF – 96.2%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | September 2026 | &nbsp;&nbsp;&nbsp; $30.18 | &nbsp;&nbsp;&nbsp;&nbsp; 910 | $2746380 | $58984126  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $57,589,386)** |  |  |  | 2746380 | 58984126  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 6.0%**<br>|  |  |  |  |  |
| **Options on ETF – 6.0%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | September 2026 | &nbsp;&nbsp;&nbsp;&nbsp;691.36 | &nbsp;&nbsp;&nbsp;&nbsp; 910 | 62913760 | 3658491  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $4,033,444)** |  |  |  | 62913760 | 3658491  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.0%<sup>\*</sup>**<br>|  |  |  |  |  |
| **Time Deposits – 0.0%<sup>\*</sup>**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; JP Morgan Chase & Co., <br>New York, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $15354 | 15354  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $15,354)** |  |  |  |  | 15354  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 102.2%** <br>**(Cost $61,638,184)** |  |  |  |  | 62657971  |
| Other assets less liabilities – (2.2)% |  |  |  |  | (1334903)  |
| **Net Assets – 100.0%** |  |  |  |  | $61323068 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**PUT OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 910 | $566.25 | September 2026 | $1401207 | $51528750 | $(1299526)  |
|  |  |  |  | $1401207 | $51528750 | $(1299526)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$1401207** | **$51528750** | **$(1299526)** |

---

\* Rounds to less than 0.05%.

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

34<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 95.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 95.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 95.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 95.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 95.4%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 95.4%** |
| **Options on ETF – 95.4%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | October 2026 | &nbsp;&nbsp;&nbsp; $32.19 | &nbsp;&nbsp;&nbsp;&nbsp; 470 | $1512930 | $30358710  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $30,360,519)** |  |  |  | 1512930 | 30358710  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 7.2%**<br>|  |  |  |  |  |
| **Options on ETF – 7.2%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | October 2026 | &nbsp;&nbsp;&nbsp;&nbsp;709.14 | &nbsp;&nbsp;&nbsp;&nbsp; 470 | 33329580 | 2302530  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $2,304,340)** |  |  |  | 33329580 | 2302530  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.5%**<br>|  |  |  |  |  |
| **Time Deposits – 0.5%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; DBS Bank Ltd., <br>Singapore, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $159139 | 159139  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $159,139)** |  |  |  |  | 159139  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 103.1%** <br>**(Cost $32,823,998)** |  |  |  |  | 32820379  |
| Other assets less liabilities – (3.1)% |  |  |  |  | (976200)  |
| **Net Assets – 100.0%** |  |  |  |  | $31844179 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**PUT OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 470 | $579.75 | October 2026 | $843720 | $27248250 | $(845530)  |
|  |  |  |  | $843720 | $27248250 | $(845530)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$843720** | **$27248250** | **$(845530)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

35<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.9%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.9%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.9%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.9%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.9%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.9%** |
| **Options on ETF – 99.9%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | November 2025 | &nbsp;&nbsp;&nbsp; $23.32 | &nbsp;&nbsp;&nbsp; 4240 | $9887680 | $279404467  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $253,307,756)** |  |  |  | 9887680 | 279404467  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 0.2%**<br>|  |  |  |  |  |
| **Options on ETF – 0.2%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | November 2025 | &nbsp;&nbsp;&nbsp;&nbsp;621.35 | &nbsp;&nbsp;&nbsp; 4240 | 263452400 | 541109  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $8,873,086)** |  |  |  | 263452400 | 541109  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.2%**<br>|  |  |  |  |  |
| **Time Deposits – 0.2%**<br>|  |  |  |  |  |
|  Australia & New Zealand Banking Group Ltd., New York, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $576430 | 576430  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $576,430)** |  |  |  |  | 576430  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 100.3%** <br>**(Cost $262,757,272)** |  |  |  |  | 280522006  |
| Other assets less liabilities – (0.3)% |  |  |  |  | (813720)  |
| **Net Assets – 100.0%** |  |  |  |  | $279708286 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**PUT OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 4240 | $512.17 | November 2025 | $2023742 | $217160080 | $(71995)  |
|  |  |  |  | $2023742 | $217160080 | $(71995)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$2023742** | **$217160080** | **$(71995)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

36<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 104.1%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 104.1%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 104.1%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 104.1%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 104.1%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 104.1%** |
| **Options on ETF – 104.1%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | December 2025 | &nbsp;&nbsp;&nbsp; $4.57 | &nbsp;&nbsp;&nbsp; 2229 | $1018653 | $150615001  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $137,843,418)** |  |  |  | 1018653 | 150615001  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 0.6%**<br>|  |  |  |  |  |
| **Options on ETF – 0.6%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | December 2025 | &nbsp;&nbsp;&nbsp;&nbsp;617.79 | &nbsp;&nbsp;&nbsp; 2229 | 137705391 | 898153  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $5,289,083)** |  |  |  | 137705391 | 898153  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.8%**<br>|  |  |  |  |  |
| **Time Deposits – 0.8%**<br>|  |  |  |  |  |
|  Australia & New Zealand Banking Group Ltd., London, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $1088728 | 1088728  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $1,088,728)** |  |  |  |  | 1088728  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 105.5%** <br>**(Cost $144,221,229)** |  |  |  |  | 152601882  |
| Other assets less liabilities – (5.5)% |  |  |  |  | (7922073)  |
| **Net Assets – 100.0%** |  |  |  |  | $144679809 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 2229 | $664.37 | December 2025 | $2186983 | $148088073 | $(6949174)  |
|  |  |  |  | $2186983 | $148088073 | $(6949174) |

---

**PUT OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 2229 | $556.07 | December 2025 | $2003635 | $123948003 | $(308806)  |
|  |  |  |  | $2003635 | $123948003 | $(308806)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$4190618** | **$272036076** | **$(7257980)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

37<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.0%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.0%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.0%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.0%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.0%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 103.0%** |
| **Options on ETF – 103.0%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | January 2026 | &nbsp;&nbsp;&nbsp; $4.68 | &nbsp;&nbsp;&nbsp;&nbsp; 968 | $453024 | $65434864  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $61,062,098)** |  |  |  | 453024 | 65434864  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 1.2%**<br>|  |  |  |  |  |
| **Options on ETF – 1.2%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | January 2026 | &nbsp;&nbsp;&nbsp;&nbsp;632.02 | &nbsp;&nbsp;&nbsp;&nbsp; 968 | 61179536 | 786984  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $2,104,531)** |  |  |  | 61179536 | 786984  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.4%**<br>|  |  |  |  |  |
| **Time Deposits – 0.4%**<br>|  |  |  |  |  |
|  Australia & New Zealand Banking Group Ltd., London, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $272862 | 272862  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $272,862)** |  |  |  |  | 272862  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 104.6%** <br>**(Cost $63,439,491)** |  |  |  |  | 66494710  |
| Other assets less liabilities – (4.6)% |  |  |  |  | (2967081)  |
| **Net Assets – 100.0%** |  |  |  |  | $63527629 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 968 | $679.55 | January 2026 | $888973 | $65780440 | $(2593272)  |
|  |  |  |  | $888973 | $65780440 | $(2593272) |

---

**PUT OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 968 | $568.87 | January 2026 | $861887 | $55066616 | $(315568)  |
|  |  |  |  | $861887 | $55066616 | $(315568)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$1750860** | **$120847056** | **$(2908840)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

38<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 102.3%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 102.3%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 102.3%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 102.3%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 102.3%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 102.3%** |
| **Options on ETF – 102.3%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | February 2026 | &nbsp;&nbsp;&nbsp; $4.77 | &nbsp;&nbsp;&nbsp; 4879 | $2327283 | $329918274  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $309,796,850)** |  |  |  | 2327283 | 329918274  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 1.9%**<br>|  |  |  |  |  |
| **Options on ETF – 1.9%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | February 2026 | &nbsp;&nbsp;&nbsp;&nbsp;644.99 | &nbsp;&nbsp;&nbsp; 4879 | 314690621 | 6117241  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $11,573,596)** |  |  |  | 314690621 | 6117241  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.5%**<br>|  |  |  |  |  |
| **Time Deposits – 0.5%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Citibank, <br>New York, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $1515425 | 1515425  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $1,515,425)** |  |  |  |  | 1515425  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 104.7%** <br>**(Cost $322,885,871)** |  |  |  |  | 337550940  |
| Other assets less liabilities – (4.7)% |  |  |  |  | (14966559)  |
| **Net Assets – 100.0%** |  |  |  |  | $322584381 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 4879 | $691.19 | February 2026 | $4063135 | $337231601 | $(11936961)  |
|  |  |  |  | $4063135 | $337231601 | $(11936961) |

---

**PUT OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 4879 | $580.55 | February 2026 | $5100086 | $283250345 | $(2593530)  |
|  |  |  |  | $5100086 | $283250345 | $(2593530)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$9163221** | **$620481946** | **$(14530491)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

39<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 100.5%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 100.5%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 100.5%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 100.5%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 100.5%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 100.5%** |
| **Options on ETF – 100.5%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | March 2026 | &nbsp;&nbsp;&nbsp; $4.93 | &nbsp;&nbsp;&nbsp; 1967 | $969731 | $132699504  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $129,536,221)** |  |  |  | 969731 | 132699504  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 3.0%**<br>|  |  |  |  |  |
| **Options on ETF – 3.0%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | March 2026 | &nbsp;&nbsp;&nbsp;&nbsp;666.11 | &nbsp;&nbsp;&nbsp; 1967 | 131023837 | 3990138  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $4,904,123)** |  |  |  | 131023837 | 3990138  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.4%**<br>|  |  |  |  |  |
| **Time Deposits – 0.4%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Canadian Imperial Bank of Commerce, <br>Toronto, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $500520 | 500520  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $500,520)** |  |  |  |  | 500520  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 103.9%** <br>**(Cost $134,940,864)** |  |  |  |  | 137190162  |
| Other assets less liabilities – (3.9)% |  |  |  |  | (5167082)  |
| **Net Assets – 100.0%** |  |  |  |  | $132023080 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 1967 | $714.28 | March 2026 | $2160264 | $140498876 | $(3310481)  |
|  |  |  |  | $2160264 | $140498876 | $(3310481) |

---

**PUT OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 1967 | $599.56 | March 2026 | $2232324 | $117933452 | $(1779544)  |
|  |  |  |  | $2232324 | $117933452 | $(1779544)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$4392588** | **$258432328** | **$(5090025)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

40<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.2%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.2%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.2%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.2%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.2%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 99.2%** |
| **Options on ETF – 99.2%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | April 2026 | &nbsp;&nbsp;&nbsp; $5.05 | &nbsp;&nbsp;&nbsp;&nbsp; 248 | $125240 | $16711728  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $16,712,683)** |  |  |  | 125240 | 16711728  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 4.0%**<br>|  |  |  |  |  |
| **Options on ETF – 4.0%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | April 2026 | &nbsp;&nbsp;&nbsp;&nbsp;681.99 | &nbsp;&nbsp;&nbsp;&nbsp; 248 | 16913352 | 678528  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $679,483)** |  |  |  | 16913352 | 678528  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.9%**<br>|  |  |  |  |  |
| **Time Deposits – 0.9%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Sumitomo Corporation, <br>Tokyo, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $147460 | 147460  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $147,460)** |  |  |  |  | 147460  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 104.1%** <br>**(Cost $17,539,626)** |  |  |  |  | 17537716  |
| Other assets less liabilities – (4.1)% |  |  |  |  | (685358)  |
| **Net Assets – 100.0%** |  |  |  |  | $16852358 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 248 | $736.88 | April 2026 | $284493 | $18274624 | $(285448)  |
|  |  |  |  | $284493 | $18274624 | $(285448) |

---

**PUT OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 248 | $613.85 | April 2026 | $314253 | $15223480 | $(315207)  |
|  |  |  |  | $314253 | $15223480 | $(315207)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$598746** | **$33498104** | **$(600655)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

41<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 107.6%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 107.6%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 107.6%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 107.6%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 107.6%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 107.6%** |
| **Options on ETF – 107.6%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | November 2025 | &nbsp;&nbsp;&nbsp; $4.36 | &nbsp;&nbsp;&nbsp;&nbsp; 522 | $227592 | $35384213  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $30,399,113)** |  |  |  | 227592 | 35384213  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 0.1%**<br>|  |  |  |  |  |
| **Options on ETF – 0.1%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | November 2025 | &nbsp;&nbsp;&nbsp;&nbsp;589.33 | &nbsp;&nbsp;&nbsp;&nbsp; 522 | 30763026 | 31357  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $1,306,488)** |  |  |  | 30763026 | 31357  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 1.0%**<br>|  |  |  |  |  |
| **Time Deposits – 1.0%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Sumitomo Mitsui Trust Bank Ltd., <br>London, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $313426 | 313426  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $313,426)** |  |  |  |  | 313426  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 108.7%** <br>**(Cost $32,019,027)** |  |  |  |  | 35728996  |
| Other assets less liabilities – (8.7)% |  |  |  |  | (2858921)  |
| **Net Assets – 100.0%** |  |  |  |  | $32870075 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 522 | $636.29 | November 2025 | $554964 | $33214338 | $(2615210)  |
|  |  |  |  | $554964 | $33214338 | $(2615210) |

---

**PUT OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 522 | $530.45 | November 2025 | $604555 | $27689490 | $(11839)  |
|  |  |  |  | $604555 | $27689490 | $(11839)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$1159519** | **$60903828** | **$(2627049)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

42<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 105.2%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 105.2%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 105.2%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 105.2%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 105.2%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 105.2%** |
| **Options on ETF – 105.2%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | December 2025 | &nbsp;&nbsp;&nbsp; $4.70 | &nbsp;&nbsp;&nbsp;&nbsp; 135 | $63450 | $9120299  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $8,232,280)** |  |  |  | 63450 | 9120299  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 0.4%**<br>|  |  |  |  |  |
| **Options on ETF – 0.4%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | December 2025 | &nbsp;&nbsp;&nbsp;&nbsp;586.96 | &nbsp;&nbsp;&nbsp;&nbsp; 135 | 7923960 | 30675  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $214,495)** |  |  |  | 7923960 | 30675  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.5%**<br>|  |  |  |  |  |
| **Time Deposits – 0.5%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Sumitomo Corporation, <br>Tokyo, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $46196 | 46196  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $46,196)** |  |  |  |  | 46196  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 106.1%** <br>**(Cost $8,492,971)** |  |  |  |  | 9197170  |
| Other assets less liabilities – (6.1)% |  |  |  |  | (533332)  |
| **Net Assets – 100.0%** |  |  |  |  | $8663838 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 135 | $656.53 | December 2025 | $167555 | $8863155 | $(503932)  |
|  |  |  |  | $167555 | $8863155 | $(503932)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$167555** | **$8863155** | **$(503932)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

43<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 101.0%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 101.0%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 101.0%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 101.0%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 101.0%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 101.0%** |
| **Options on ETF – 101.0%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | March 2026 | &nbsp;&nbsp;&nbsp; $5.06 | &nbsp;&nbsp;&nbsp;&nbsp; 169 | $85514 | $11399071  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $11,132,680)** |  |  |  | 85514 | 11399071  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 2.0%**<br>|  |  |  |  |  |
| **Options on ETF – 2.0%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | March 2026 | &nbsp;&nbsp;&nbsp;&nbsp;632.87 | &nbsp;&nbsp;&nbsp;&nbsp; 169 | 10695503 | 227242  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $278,656)** |  |  |  | 10695503 | 227242  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.1%**<br>|  |  |  |  |  |
| **Time Deposits – 0.1%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Sumitomo Corporation, <br>Tokyo, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $16640 | 16640  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $16,640)** |  |  |  |  | 16640  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 103.1%** <br>**(Cost $11,427,976)** |  |  |  |  | 11642953  |
| Other assets less liabilities – (3.1)% |  |  |  |  | (357417)  |
| **Net Assets – 100.0%** |  |  |  |  | $11285536 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 169 | $705.82 | March 2026 | $236625 | $11928358 | $(350369)  |
|  |  |  |  | $236625 | $11928358 | $(350369)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$236625** | **$11928358** | **$(350369)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

44<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer15 ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 100.5%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 100.5%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 100.5%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 100.5%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 100.5%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 100.5%** |
| **Options on ETF – 100.5%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | December 2025 | &nbsp;&nbsp;&nbsp; $5.00 | &nbsp;&nbsp;&nbsp;&nbsp; 327 | $163500 | $22077078  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $21,579,184)** |  |  |  | 163500 | 22077078  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 1.6%**<br>|  |  |  |  |  |
| **Options on ETF – 1.6%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | December 2025 | &nbsp;&nbsp;&nbsp;&nbsp;666.11 | &nbsp;&nbsp;&nbsp;&nbsp; 327 | 21781797 | 357411  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $557,361)** |  |  |  | 21781797 | 357411  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.6%**<br>|  |  |  |  |  |
| **Time Deposits – 0.6%**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Citibank, <br>New York, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $122429 | 122429  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $122,429)** |  |  |  |  | 122429  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 102.7%** <br>**(Cost $22,258,974)** |  |  |  |  | 22556918  |
| Other assets less liabilities – (2.7)% |  |  |  |  | (592161)  |
| **Net Assets – 100.0%** |  |  |  |  | $21964757 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 327 | $683.90 | December 2025 | $398895 | $22363530 | $(575193)  |
|  |  |  |  | $398895 | $22363530 | $(575193) |

---

**PUT OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 327 | $566.25 | December 2025 | $105419 | $18516375 | $(53955)  |
|  |  |  |  | $105419 | $18516375 | $(53955)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$504314** | **$40879905** | **$(629148)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

45<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM U.S. Equity Buffer100 Protection ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Expiration Date** | **Exercise Price** | **Contracts<sup>(a)</sup>** | **Notional Amount** | **Value**  |
| **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 100.9%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 100.9%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 100.9%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 100.9%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 100.9%** | **OPTION PURCHASED - CALLS<sup>(b)(c)</sup> – 100.9%** |
| **Options on ETF – 100.9%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | December 2025 | &nbsp;&nbsp;&nbsp; $4.93 | &nbsp;&nbsp;&nbsp;&nbsp; 326 | $160718 | $22016397  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Calls** <br>**(Cost $21,513,794)** |  |  |  | 160718 | 22016397  |
| **OPTION PURCHASED - PUTS<sup>(b)(c)</sup> – 1.6%**<br>|  |  |  |  |  |
| **Options on ETF – 1.6%**<br>|  |  |  |  |  |
| SPDR S&P 500 ETF Trust | December 2025 | &nbsp;&nbsp;&nbsp;&nbsp;666.18 | &nbsp;&nbsp;&nbsp;&nbsp; 326 | 21717468 | 354887  |
| &nbsp;&nbsp;&nbsp; **Total Options Purchased – Puts** <br>**(Cost $543,053)** |  |  |  | 21717468 | 354887  |
|  |  |  |  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.7%**<br>|  |  |  |  |  |
| **Time Deposits – 0.7%**<br>|  |  |  |  |  |
|  Australia & New Zealand Banking Group Ltd., New York, 3.210%, 11/03/25<sup>(d)</sup> |  |  |  | $156896 | 156896  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $156,896)** |  |  |  |  | 156896  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 103.2%** <br>**(Cost $22,213,743)** |  |  |  |  | 22528180  |
| Other assets less liabilities – (3.2)% |  |  |  |  | (697724)  |
| **Net Assets – 100.0%** |  |  |  |  | $21830456 |

---

**SCHEDULE OF WRITTEN OPTIONS AS OF OCTOBER 31, 2025** 

**CALL OPTIONS WRITTEN<sup>(b)</sup>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts<sup>(a)</sup>** | **Exercise** <br>**Price** | **Expiration** <br>**Date** | **Premiums** <br>**Received** | **Notional** <br>**Amount** | **Value**  |
| SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp; 230 | $666.18 | December 2025 | $537004 | $15322140 | $(685496)  |
|  |  |  |  | $537004 | $15322140 | $(685496)  |
| **TOTAL OPTIONS WRITTEN** |  |  |  | **$537004** | **$15322140** | **$(685496)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Each contract equals 100 shares.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Held in connection with a written option, see Schedule
 of Written Options for more detail.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

46<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM Buffer20 Allocation ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value**  |
| **AFFILIATED EXCHANGE-TRADED FUNDS – 100.0%<sup>(a)(b)</sup>**<br>|  |  |
| AllianzIM U.S. Equity Buffer20 Jul ETF | 90077 | $3477693  |
| AllianzIM U.S. Equity Buffer20 Dec ETF | 104031 | 3471514  |
| AllianzIM U.S. Equity Buffer20 Aug ETF | 108008 | 3470297  |
| AllianzIM U.S. Equity Buffer20 Jun ETF | 104948 | 3461217  |
| AllianzIM U.S. Equity Buffer20 Sep ETF | 109410 | 3451886  |
| AllianzIM U.S. Equity Buffer20 Oct ETF | 89002 | 3438147  |
| AllianzIM U.S. Equity Buffer20 Mar ETF | 101553 | 3433476  |
| AllianzIM U.S. Equity Buffer20 Nov ETF | 102262 | 3431913  |
| AllianzIM U.S. Equity Buffer20 Jan ETF | 94151 | 3428961  |
| AllianzIM U.S. Equity Buffer20 Feb ETF | 102634 | 3427503  |
| AllianzIM U.S. Equity Buffer20 May ETF | 103060 | 3412440  |
| AllianzIM U.S. Equity Buffer20 Apr ETF | 96962 | 3334019  |
| &nbsp;&nbsp;&nbsp; **Total Affiliated Exchange-Traded Funds** <br>**(Cost $38,394,509)** |  | 41239066  |
|  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.0%<sup>\*</sup>**<br>|  |  |
| **Time Deposits – 0.0%<sup>\*</sup>**<br>|  |  |
| &nbsp;&nbsp;&nbsp; DBS Bank Ltd., <br>Singapore, 3.210%, 11/03/25<sup>(c)</sup> | $11210 | 11210  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $11,210)** |  | 11210  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 100.0%** <br>**(Cost $38,405,719)** |  | 41250276  |
| Other assets less liabilities – 0.0%<sup>\*</sup> |  | (1487)  |
| **Net Assets – 100.0%** |  | $41248789 |

---

\* Rounds to less than 0.05%.

&nbsp;&nbsp;&nbsp;&nbsp;(a) Affiliated investment.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

47<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM Buffer15 Uncapped Allocation ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value**  |
| **AFFILIATED EXCHANGE-TRADED FUNDS – 100.0%<sup>(a)(b)</sup>**<br>|  |  |
| AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF | 250627 | $7263169  |
| AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF | 238633 | 7262795  |
| AllianzIM U.S. Equity Buffer15 Uncapped May ETF | 229368 | 7255919  |
| AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF | 237303 | 7246712  |
| AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF | 244918 | 7245311  |
| AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF | 242718 | 7240278  |
| AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF | 248895 | 7232466  |
| AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF | 256351 | 7232021  |
| AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF | 259010 | 7231689  |
| AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF | 253218 | 7228994  |
| AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF | 259611 | 7225364  |
| AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF | 261906 | 7192044  |
| &nbsp;&nbsp;&nbsp; **Total Affiliated Exchange-Traded Funds** <br>**(Cost $80,651,490)** |  | 86856762  |
|  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.0%<sup>\*</sup>**<br>|  |  |
| **Time Deposits – 0.0%<sup>\*</sup>**<br>|  |  |
| &nbsp;&nbsp;&nbsp; Sumitomo Mitsui Trust Bank Ltd., <br>London, 3.210%, 11/03/25<sup>(c)</sup> | $20224 | 20224  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $20,224)** |  | 20224  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 100.0%** <br>**(Cost $80,671,714)** |  | 86876986  |
| Other assets less liabilities – 0.0%<sup>\*</sup> |  | (3210)  |
| **Net Assets – 100.0%** |  | $86873776 |

---

\* Rounds to less than 0.05%.

&nbsp;&nbsp;&nbsp;&nbsp;(a) Affiliated investment.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

48<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**AllianzIM 6 Month Buffer10 Allocation ETF** 

**Schedule of Investments** 

**October 31, 2025** 

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value**  |
| **AFFILIATED EXCHANGE-TRADED FUNDS – 100.0%<sup>(a)(b)</sup>**<br>|  |  |
| AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF | 207519 | $6455916  |
| AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF | 204635 | 6421815  |
| AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF | 190246 | 6396584  |
| AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF | 218984 | 6256920  |
| AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF | 211046 | 6185821  |
| AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF | 180151 | 6178495  |
| &nbsp;&nbsp;&nbsp; **Total Affiliated Exchange-Traded Funds** <br>**(Cost $35,455,967)** |  | 37895551  |
|  | **Principal** |  |
| **SHORT-TERM INVESTMENTS – 0.0%<sup>\*</sup>**<br>|  |  |
| **Time Deposits – 0.0%<sup>\*</sup>**<br>|  |  |
| &nbsp;&nbsp;&nbsp; JP Morgan Chase & Co., <br>New York, 3.210%, 11/03/25<sup>(c)</sup> | $8220 | 8220  |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Investments** <br>**(Cost $8,220)** |  | 8220  |
| &nbsp;&nbsp;&nbsp; **Total Investments – 100.0%** <br>**(Cost $35,464,187)** |  | 37903771  |
| Other assets less liabilities – 0.0%<sup>\*</sup> |  | (1549)  |
| **Net Assets – 100.0%** |  | $37902222 |

---

\* Rounds to less than 0.05%.

&nbsp;&nbsp;&nbsp;&nbsp;(a) Affiliated investment.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Time deposits bear interest at a variable rate
 that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution
 between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution
 of interest rates on the deposits. The rate shown is as of October 31, 2025.

The accompanying notes are an integral part of the financial statements.

49<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Assets and Liabilities** 

**October 31, 2025**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S.** <br>**Equity Buffer10** <br>**Jan ETF** | **AllianzIM U.S**<br>**Equity Buffer10** <br>**Feb ETF** | **AllianzIM U.S.** <br>**Equity Buffer10** <br>**Mar ETF** | **AllianzIM U.S.** <br>**Equity Buffer10** <br>**Apr ETF**  |
| **ASSETS**<br>|  |  |  |  |
| Investments, at value | $55133104 | $105893848 | $28108488 | $45391183  |
| Receivable for investments sold |  | 136247 |  | —  |
| **TOTAL ASSETS** | 55133104 | 106030095 | 28108488 | 45391183  |
| **LIABILITIES**<br>|  |  |  |  |
| Payables:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments purchased |  | 4508 |  | —  |
| &nbsp;&nbsp;&nbsp; Options contracts written, at value | 1998255 | 3481300 | 1336059 | 4222403  |
| &nbsp;&nbsp;&nbsp; Management fees | 818588 | 458280 | 131315 | 185072  |
| **TOTAL LIABILITIES** | 2816843 | 3944088 | 1467374 | 4407475  |
| **NET ASSETS** | $52316261 | $102086007 | $26641114 | $40983708  |
| **COMPONENTS OF NET ASSETS**<br>|  |  |  |  |
| Paid-in capital | $54161692 | $93225332 | $26177635 | $40148993  |
| Total distributable earnings (accumulated loss) | (1845431) | 8860675 | 463479 | 834715  |
| **NET ASSETS** | $52316261 | $102086007 | $26641114 | $40983708  |
| **NET ASSET VALUE PER SHARE**<br>|  |  |  |  |
| Net Asset Value | $40.24 | $37.46 | $38.06 | $40.98  |
|  Shares of beneficial interest outstanding (unlimited number of Shares authorized, no par value) | 1300000 | 2725000 | 700000 | 1000000  |
| **COST OF INVESTMENTS**<br>|  |  |  |  |
| Investments, at cost | $49462292 | $94395151 | $25456425 | $38763752  |
| Premiums received | $1808031 | $5267090 | $1026989 | $1743007 |

---

The accompanying notes are an integral part of the financial statements.

50<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Assets and Liabilities** 

**October 31, 2025 (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S.** <br>**Equity Buffer10** <br>**May ETF** | **AllianzIM U.S.** <br>**Equity Buffer10** <br>**Jun ETF** | **AllianzIM U.S.** <br>**Equity Buffer10** <br>**Jul ETF** | **AllianzIM U.S.** <br>**Equity Buffer10** <br>**Aug ETF**  |
| **ASSETS**<br>|  |  |  |  |
| Investments, at value | $21148596 | $23232025 | $89275725 | $39122633  |
| **TOTAL ASSETS** | 21148596 | 23232025 | 89275725 | 39122633  |
| **LIABILITIES**<br>|  |  |  |  |
| Payables:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Options contracts written, at value | 1997203 | 1671746 | 4927581 | 2072330  |
| &nbsp;&nbsp;&nbsp; Management fees | 67826 | 70786 | 206066 | 66324  |
| **TOTAL LIABILITIES** | 2065029 | 1742532 | 5133647 | 2138654  |
| **NET ASSETS** | $19083567 | $21489493 | $84142078 | $36983979  |
| **COMPONENTS OF NET ASSETS**<br>|  |  |  |  |
| Paid-in capital | $17445237 | $21468069 | $84035154 | $39520002  |
| Total distributable earnings (accumulated loss) | 1638330 | 21424 | 106924 | (2536023)  |
| **NET ASSETS** | $19083567 | $21489493 | $84142078 | $36983979  |
| **NET ASSET VALUE PER SHARE**<br>|  |  |  |  |
| Net Asset Value | $36.35 | $35.82 | $44.29 | $35.22  |
|  Shares of beneficial interest outstanding (unlimited number of Shares authorized, no par value) | 525000 | 600000 | 1900000 | 1050000  |
| **COST OF INVESTMENTS**<br>|  |  |  |  |
| Investments, at cost | $18116558 | $20857221 | $82729986 | $36823368  |
| Premiums received | $983423 | $936057 | $3441035 | $1485712 |

---

The accompanying notes are an integral part of the financial statements.

51<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Assets and Liabilities** 

**October 31, 2025 (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S.** <br>**Equity Buffer10** <br>**Sep ETF** | **AllianzIM U.S.** <br>**Equity Buffer10** <br>**Oct ETF** | **AllianzIM U.S.** <br>**Equity Buffer10** <br>**Nov ETF** | **AllianzIM U.S.** <br>**Equity Buffer10** <br>**Dec ETF**  |
| **ASSETS**<br>|  |  |  |  |
| Investments, at value | $106758121 | $61320431 | $20447194 | $118304799  |
| Receivable for investments sold |  |  | 20982140 | —  |
| **TOTAL ASSETS** | 106758121 | 61320431 | 41429334 | 118304799  |
| **LIABILITIES**<br>|  |  |  |  |
| Payables:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments purchased |  |  | 20984613 | —  |
| &nbsp;&nbsp;&nbsp; Options contracts written, at value | 5801710 | 3090990 | 987752 | 1251012  |
| &nbsp;&nbsp;&nbsp; Management fees | 119474 | 33984 | 257554 | 723862  |
| **TOTAL LIABILITIES** | 5921184 | 3124974 | 22229919 | 1974874  |
| **NET ASSETS** | $100836937 | $58195457 | $19199415 | $116329925  |
| **COMPONENTS OF NET ASSETS**<br>|  |  |  |  |
| Paid-in capital | $99064655 | $66780895 | $22359173 | $108179088  |
| Total distributable earnings (accumulated loss) | 1772282 | (8585438) | (3159758) | 8150837  |
| **NET ASSETS** | $100836937 | $58195457 | $19199415 | $116329925  |
| **NET ASSET VALUE PER SHARE**<br>|  |  |  |  |
| Net Asset Value | $34.77 | $43.11 | $36.57 | $36.07  |
|  Shares of beneficial interest outstanding (unlimited number of Shares authorized, no par value) | 2900000 | 1350000 | 525000 | 3225000  |
| **COST OF INVESTMENTS**<br>|  |  |  |  |
| Investments, at cost | $101642412 | $60226161 | $20449381 | $109074963  |
| Premiums received | $4193711 | $2713638 | $985565 | $3254487 |

---

The accompanying notes are an integral part of the financial statements.

52<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Assets and Liabilities** 

**October 31, 2025 (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S.** <br>**Equity Buffer20** <br>**Jan ETF** | **AllianzIM U.S.** <br>**Equity Buffer20** <br>**Feb ETF** | **AllianzIM U.S.** <br>**Equity Buffer20** <br>**Mar ETF** | **AllianzIM U.S.** <br>**Equity Buffer20** <br>**Apr ETF**  |
| **ASSETS**<br>|  |  |  |  |
| Investments, at value | $311314067 | $109358049 | $74239678 | $193987822  |
| **TOTAL ASSETS** | 311314067 | 109358049 | 74239678 | 193987822  |
| **LIABILITIES**<br>|  |  |  |  |
| Payables:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Options contracts written, at value | 19904702 | 6073199 | 5339486 | 23668314  |
| &nbsp;&nbsp;&nbsp; Management fees | 2654751 | 559505 | 384260 | 750705  |
| **TOTAL LIABILITIES** | 22559453 | 6632704 | 5723746 | 24419019  |
| **NET ASSETS** | $288754614 | $102725345 | $68515932 | $169568803  |
| **COMPONENTS OF NET ASSETS**<br>|  |  |  |  |
| Paid-in capital | $303610065 | $108264997 | $71448554 | $173133375  |
| Total distributable earnings (accumulated loss) | (14855451) | (5539652) | (2932622) | (3564572)  |
| **NET ASSETS** | $288754614 | $102725345 | $68515932 | $169568803  |
| **NET ASSET VALUE PER SHARE**<br>|  |  |  |  |
| Net Asset Value | $36.44 | $33.41 | $33.84 | $34.40  |
|  Shares of beneficial interest outstanding (unlimited number of Shares authorized, no par value) | 7925000 | 3075000 | 2025000 | 4929000  |
| **COST OF INVESTMENTS**<br>|  |  |  |  |
| Investments, at cost | $278373546 | $99851565 | $67099120 | $166068109  |
| Premiums received | $10162638 | $3532128 | $2436377 | $7232357 |

---

The accompanying notes are an integral part of the financial statements.

53<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Assets and Liabilities** 

**October 31, 2025 (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S.** <br>**Equity Buffer20** <br>**May ETF** | **AllianzIM U.S.** <br>**Equity Buffer20** <br>**Jun ETF** | **AllianzIM U.S.** <br>**Equity Buffer20** <br>**Jul ETF** | **AllianzIM U.S.** <br>**Equity Buffer20** <br>**Aug ETF**  |
| **ASSETS**<br>|  |  |  |  |
| Investments, at value | $79090795 | $70480036 | $332561062 | $162167324  |
| **TOTAL ASSETS** | 79090795 | 70480036 | 332561062 | 162167324  |
| **LIABILITIES**<br>|  |  |  |  |
| Payables:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Options contracts written, at value | 10121162 | 6814259 | 24517905 | 10759940  |
| &nbsp;&nbsp;&nbsp; Management fees | 280427 | 198780 | 764869 | 290722  |
| **TOTAL LIABILITIES** | 10401589 | 7013039 | 25282774 | 11050662  |
| **NET ASSETS** | $68689206 | $63466997 | $307278288 | $151116662  |
| **COMPONENTS OF NET ASSETS**<br>|  |  |  |  |
| Paid-in capital | $67112619 | $65173645 | $313114011 | $166144923  |
| Total distributable earnings (accumulated loss) | 1576587 | (1706648) | (5835723) | (15028261)  |
| **NET ASSETS** | $68689206 | $63466997 | $307278288 | $151116662  |
| **NET ASSET VALUE PER SHARE**<br>|  |  |  |  |
| Net Asset Value | $33.10 | $32.97 | $38.65 | $32.15  |
|  Shares of beneficial interest outstanding (unlimited number of Shares authorized, no par value) | 2075000 | 1925000 | 7950000 | 4700000  |
| **COST OF INVESTMENTS**<br>|  |  |  |  |
| Investments, at cost | $67663864 | $63096802 | $309327788 | $152893072  |
| Premiums received | $3693517 | $2915386 | $13083320 | $6091490 |

---

The accompanying notes are an integral part of the financial statements.

54<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Assets and Liabilities** 

**October 31, 2025 (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S.** <br>**Equity Buffer20** <br>**Sep ETF** | **AllianzIM U.S.** <br>**Equity Buffer20** <br>**Oct ETF** | **AllianzIM U.S.** <br>**Equity Buffer20** <br>**Nov ETF** | **AllianzIM U.S.** <br>**Equity Buffer20** <br>**Dec ETF**  |
| **ASSETS**<br>|  |  |  |  |
| Investments, at value | $312621622 | $347420634 | $61244380 | $400516514  |
| Receivable for investments sold |  |  | 65529700 | —  |
| **TOTAL ASSETS** | 312621622 | 347420634 | 126774080 | 400516514  |
| **LIABILITIES**<br>|  |  |  |  |
| Payables:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments purchased |  |  | 65481497 | —  |
| &nbsp;&nbsp;&nbsp; Options contracts written, at value | 20162727 | 18980248 | 2975336 | 13050836  |
| &nbsp;&nbsp;&nbsp; Management fees | 352517 | 190649 | 502100 | 2592140  |
| **TOTAL LIABILITIES** | 20515244 | 19170897 | 68958933 | 15642976  |
| **NET ASSETS** | $292106378 | $328249737 | $57815147 | $384873538  |
| **COMPONENTS OF NET ASSETS**<br>|  |  |  |  |
| Paid-in capital | $295180953 | $357581033 | $70779314 | $369707057  |
| Total distributable earnings (accumulated loss) | (3074575) | (29331296) | (12964167) | 15166481  |
| **NET ASSETS** | $292106378 | $328249737 | $57815147 | $384873538  |
| **NET ASSET VALUE PER SHARE**<br>|  |  |  |  |
| Net Asset Value | $31.58 | $38.62 | $33.52 | $33.39  |
|  Shares of beneficial interest outstanding (unlimited number of Shares authorized, no par value) | 9250000 | 8500000 | 1725000 | 11525000  |
| **COST OF INVESTMENTS**<br>|  |  |  |  |
| Investments, at cost | $298001666 | $341536675 | $61250956 | $366844242  |
| Premiums received | $12014684 | $15479205 | $2968760 | $12090012 |

---

The accompanying notes are an integral part of the financial statements.

55<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Assets and Liabilities** 

**October 31, 2025 (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S.** <br>**Equity Buffer15** <br>**Uncapped Jan** <br>**ETF** | **AllianzIM U.S.** <br>**Equity Buffer15** <br>**Uncapped Feb** <br>**ETF** | **AllianzIM U.S.** <br>**Equity Buffer15** <br>**Uncapped Mar** <br>**ETF** | **AllianzIM U.S.** <br>**Equity Buffer15** <br>**Uncapped Apr** <br>**ETF**  |
| **ASSETS**<br>|  |  |  |  |
| Investments, at value | $78045436 | $47662501 | $23892304 | $49042572  |
| **TOTAL ASSETS** | 78045436 | 47662501 | 23892304 | 49042572  |
| **LIABILITIES**<br>|  |  |  |  |
| Payables:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Options contracts written, at value | 79603 | 113797 | 79835 | 176841  |
| &nbsp;&nbsp;&nbsp; Management fees | 414622 | 247870 | 91329 | 183906  |
| **TOTAL LIABILITIES** | 494225 | 361667 | 171164 | 360747  |
| **NET ASSETS** | $77551211 | $47300834 | $23721140 | $48681825  |
| **COMPONENTS OF NET ASSETS**<br>|  |  |  |  |
| Paid-in capital | $69637690 | $43202397 | $21281788 | $43672430  |
| Total distributable earnings (accumulated loss) | 7913521 | 4098437 | 2439352 | 5009395  |
| **NET ASSETS** | $77551211 | $47300834 | $23721140 | $48681825  |
| **NET ASSET VALUE PER SHARE**<br>|  |  |  |  |
| Net Asset Value | $28.20 | $27.82 | $27.91 | $30.43  |
|  Shares of beneficial interest outstanding (unlimited number of Shares authorized, no par value) | 2750000 | 1700000 | 850000 | 1600000  |
| **COST OF INVESTMENTS**<br>|  |  |  |  |
| Investments, at cost | $70651498 | $43953964 | $21722076 | $42551018  |
| Premiums received | $1213230 | $772663 | $453476 | $902700 |

---

The accompanying notes are an integral part of the financial statements.

56<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Assets and Liabilities** 

**October 31, 2025 (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S.** <br>**Equity Buffer15** <br>**Uncapped May** <br>**ETF** | **AllianzIM U.S.** <br>**Equity Buffer15** <br>**Uncapped Jun** <br>**ETF** | **AllianzIM U.S.** <br>**Equity Buffer15** <br>**Uncapped Jul** <br>**ETF** | **AllianzIM U.S.** <br>**Equity Buffer15** <br>**Uncapped Aug** <br>**ETF**  |
| **ASSETS**<br>|  |  |  |  |
| Investments, at value | $24705575 | $26195884 | $144831980 | $30765886  |
| **TOTAL ASSETS** | 24705575 | 26195884 | 144831980 | 30765886  |
| **LIABILITIES**<br>|  |  |  |  |
| Payables:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Options contracts written, at value | 110058 | 180210 | 1500711 | 402366  |
| &nbsp;&nbsp;&nbsp; Management fees | 84490 | 65780 | 239778 | 65256  |
| **TOTAL LIABILITIES** | 194548 | 245990 | 1740489 | 467622  |
| **NET ASSETS** | $24511027 | $25949894 | $143091491 | $30298264  |
| **COMPONENTS OF NET ASSETS**<br>|  |  |  |  |
| Paid-in capital | $22212869 | $24194903 | $135788974 | $30874566  |
| Total distributable earnings (accumulated loss) | 2298158 | 1754991 | 7302517 | (576302)  |
| **NET ASSETS** | $24511027 | $25949894 | $143091491 | $30298264  |
| **NET ASSET VALUE PER SHARE**<br>|  |  |  |  |
| Net Asset Value | $31.63 | $30.53 | $29.81 | $29.56  |
|  Shares of beneficial interest outstanding (unlimited number of Shares authorized, no par value) | 775000 | 850000 | 4800000 | 1025000  |
| **COST OF INVESTMENTS**<br>|  |  |  |  |
| Investments, at cost | $21514992 | $23857708 | $137147225 | $29146986  |
| Premiums received | $578169 | $509787 | $2351233 | $590505 |

---

The accompanying notes are an integral part of the financial statements.

57<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Assets and Liabilities** 

**October 31, 2025 (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S.** <br>**Equity Buffer15** <br>**Uncapped Sep** <br>**ETF** | **AllianzIM U.S.** <br>**Equity Buffer15** <br>**Uncapped Oct** <br>**ETF** | **AllianzIM U.S.** <br>**Equity Buffer15** <br>**Uncapped Nov** <br>**ETF** | **AllianzIM U.S.** <br>**Equity Buffer15** <br>**Uncapped Dec** <br>**ETF**  |
| **ASSETS**<br>|  |  |  |  |
| Investments, at value | $132171752 | $62657971 | $32820379 | $280522006  |
| Receivable for investments sold |  |  | 32713185 | —  |
| **TOTAL ASSETS** | 132171752 | 62657971 | 65533564 | 280522006  |
| **LIABILITIES**<br>|  |  |  |  |
| Payables:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments purchased |  |  | 32664859 | —  |
| &nbsp;&nbsp;&nbsp; Options contracts written, at value | 2124022 | 1299526 | 845530 | 71995  |
| &nbsp;&nbsp;&nbsp; Management fees | 144695 | 35377 | 178996 | 741725  |
| **TOTAL LIABILITIES** | 2268717 | 1334903 | 33689385 | 813720  |
| **NET ASSETS** | $129903035 | $61323068 | $31844179 | $279708286  |
| **COMPONENTS OF NET ASSETS**<br>|  |  |  |  |
| Paid-in capital | $126332507 | $61645319 | $32594134 | $260732131  |
| Total distributable earnings (accumulated loss) | 3570528 | (322251) | (749955) | 18976155  |
| **NET ASSETS** | $129903035 | $61323068 | $31844179 | $279708286  |
| **NET ASSET VALUE PER SHARE**<br>|  |  |  |  |
| Net Asset Value | $29.03 | $28.52 | $28.95 | $27.42  |
|  Shares of beneficial interest outstanding (unlimited number of Shares authorized, no par value) | 4475000 | 2150000 | 1100000 | 10200000  |
| **COST OF INVESTMENTS**<br>|  |  |  |  |
| Investments, at cost | $127102927 | $61638184 | $32823998 | $262757272  |
| Premiums received | $2592578 | $1401207 | $843720 | $2023742 |

---

The accompanying notes are an integral part of the financial statements.

58<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Assets and Liabilities** 

**October 31, 2025 (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S.** <br>**Equity 6 Month** <br>**Buffer10 Jan/Jul** <br>**ETF** | **AllianzIM U.S.** <br>**Equity 6 Month** <br>**Buffer10 Feb/Aug** <br>**ETF** | **AllianzIM U.S.** <br>**Equity 6 Month** <br>**Buffer10 Mar/Sep** <br>**ETF** | **AllianzIM U.S.** <br>**Equity 6 Month** <br>**Buffer10 Apr/Oct** <br>**ETF**  |
| **ASSETS**<br>|  |  |  |  |
| Investments, at value | $152601882 | &nbsp;&nbsp; $66494710 | $337550940 | $137190162  |
| Receivable for investments sold |  | &nbsp;&nbsp; 68403 |  | —  |
| **TOTAL ASSETS** | 152601882 | &nbsp;&nbsp; 66563113 | 337550940 | 137190162  |
| **LIABILITIES**<br>|  |  |  |  |
| Payables:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments purchased |  | &nbsp;&nbsp; 3013 |  | —  |
| &nbsp;&nbsp;&nbsp; Options contracts written, at value | 7257980 | &nbsp;&nbsp; 2908840 | 14530491 | 5090025  |
| &nbsp;&nbsp;&nbsp; Management fees | 664093 | &nbsp;&nbsp; 123631 | 436068 | 77057  |
| **TOTAL LIABILITIES** | 7922073 | &nbsp;&nbsp; 3035484 | 14966559 | 5167082  |
| **NET ASSETS** | $144679809 | &nbsp;&nbsp; $63527629 | $322584381 | $132023080  |
| **COMPONENTS OF NET ASSETS**<br>|  |  |  |  |
| Paid-in capital | $155386081 | &nbsp;&nbsp; $65712720 | $317748979 | $158017596  |
| Total distributable earnings (accumulated loss) | (10706272) | &nbsp;&nbsp; (2185091) | 4835402 | (25994516)  |
| **NET ASSETS** | $144679809 | &nbsp;&nbsp; $63527629 | $322584381 | $132023080  |
| **NET ASSET VALUE PER SHARE**<br>|  |  |  |  |
| Net Asset Value | $33.65 | &nbsp;&nbsp; $31.37 | $31.09 | $34.29  |
|  Shares of beneficial interest outstanding (unlimited number of Shares authorized, no par value) | 4300000 | &nbsp;&nbsp; 2025000 | 10375000 | 3850000  |
| **COST OF INVESTMENTS**<br>|  |  |  |  |
| Investments, at cost | $144221229 | &nbsp;&nbsp; $63439491 | $322885871 | $134940864  |
| Premiums received | $4190618 | &nbsp;&nbsp; $1750860 | $9163221 | $4392588 |

---

The accompanying notes are an integral part of the financial statements.

59<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Assets and Liabilities** 

**October 31, 2025 (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S.** <br>**Equity 6 Month** <br>**Buffer10 May/Nov** <br>**ETF** | **AllianzIM U.S.** <br>**Equity 6 Month** <br>**Buffer10 Jun/Dec** <br>**ETF** | **AllianzIM U.S.** <br>**Equity 6 Month** <br>**Floor5 Jan/Jul** <br>**ETF** | **AllianzIM U.S.** <br>**Equity 6 Month** <br>**Floor5 Apr/Oct** <br>**ETF**  |
| **ASSETS**<br>|  |  |  |  |
| Investments, at value | &nbsp;&nbsp; $17537716 | &nbsp;&nbsp; $35728996 | &nbsp;&nbsp; $9197170 | $11642953  |
| Receivable for investments sold | &nbsp;&nbsp; 19446035 | &nbsp;&nbsp; 1492610 | &nbsp;&nbsp; — | —  |
| **TOTAL ASSETS** | &nbsp;&nbsp; 36983751 | &nbsp;&nbsp; 37221606 | &nbsp;&nbsp; 9197170 | 11642953  |
| **LIABILITIES**<br>|  |  |  |  |
| Payables:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments purchased | &nbsp;&nbsp; 19463544 | &nbsp;&nbsp; 110718 | &nbsp;&nbsp; — | —  |
| &nbsp;&nbsp;&nbsp; Fund shares repurchased | &nbsp;&nbsp; — | &nbsp;&nbsp; 1429135 | &nbsp;&nbsp; — | —  |
| &nbsp;&nbsp;&nbsp; Options contracts written, at value | &nbsp;&nbsp; 600655 | &nbsp;&nbsp; 2627049 | &nbsp;&nbsp; 503932 | 350369  |
| &nbsp;&nbsp;&nbsp; Management fees | &nbsp;&nbsp; 67194 | &nbsp;&nbsp; 184629 | &nbsp;&nbsp; 29400 | 7048  |
| **TOTAL LIABILITIES** | &nbsp;&nbsp; 20131393 | &nbsp;&nbsp; 4351531 | &nbsp;&nbsp; 533332 | 357417  |
| **NET ASSETS** | &nbsp;&nbsp; $16852358 | &nbsp;&nbsp; $32870075 | &nbsp;&nbsp; $8663838 | $11285536  |
| **COMPONENTS OF NET ASSETS**<br>|  |  |  |  |
| Paid-in capital | &nbsp;&nbsp; $20836939 | &nbsp;&nbsp; $35395460 | &nbsp;&nbsp; $9229654 | $14111979  |
| Total distributable earnings (accumulated loss) | &nbsp;&nbsp; (3984581) | &nbsp;&nbsp; (2525385) | &nbsp;&nbsp; (565816) | (2826443)  |
| **NET ASSETS** | &nbsp;&nbsp; $16852358 | &nbsp;&nbsp; $32870075 | &nbsp;&nbsp; $8663838 | $11285536  |
| **NET ASSET VALUE PER SHARE**<br>|  |  |  |  |
| Net Asset Value | &nbsp;&nbsp; $29.31 | &nbsp;&nbsp; $28.58 | &nbsp;&nbsp; $31.50 | $28.21  |
|  Shares of beneficial interest outstanding (unlimited number of Shares authorized, no par value) | &nbsp;&nbsp; 575000 | &nbsp;&nbsp; 1150000 | &nbsp;&nbsp; 275000 | 400000  |
| **COST OF INVESTMENTS**<br>|  |  |  |  |
| Investments, at cost | &nbsp;&nbsp; $17539626 | &nbsp;&nbsp; $32019027 | &nbsp;&nbsp; $8492971 | $11427976  |
| Premiums received | &nbsp;&nbsp; $598746 | &nbsp;&nbsp; $1159519 | &nbsp;&nbsp; $167555 | $236625 |

---

The accompanying notes are an integral part of the financial statements.

60<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Assets and Liabilities** 

**October 31, 2025 (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S.** <br>**Equity Buffer15** <br>**ETF** | **AllianzIM U.S.** <br>**Equity Buffer100** <br>**Protection** <br>**ETF** | **AllianzIM** <br>**Buffer20** <br>**Allocation** <br>**ETF** | **AllianzIM** <br>**Buffer15** <br>**Uncapped** <br>**Allocation** <br>**ETF**  |
| **ASSETS**<br>|  |  |  |  |
| Investments, at value - Affiliated | $— | &nbsp;&nbsp; $— | $41239066 | $86856762  |
| Investments, at value - Unaffiliated | 22556918 | &nbsp;&nbsp; 22528180 | 11210 | 20224  |
| Receivable for investments sold | 17247 | &nbsp;&nbsp; — |  | —  |
| Receivable for Fund shares sold | 646340 | &nbsp;&nbsp; — | 676210 | —  |
| **TOTAL ASSETS** | 23220505 | &nbsp;&nbsp; 22528180 | 41926486 | 86876986  |
| **LIABILITIES**<br>|  |  |  |  |
| Payables:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments purchased - Affiliated |  | &nbsp;&nbsp; — | 676006 | —  |
| &nbsp;&nbsp;&nbsp; Investments purchased - Unaffiliated  | 617532 | &nbsp;&nbsp; — |  | —  |
| &nbsp;&nbsp;&nbsp; Options contracts written, at value | 629148 | &nbsp;&nbsp; 685496 |  | —  |
| &nbsp;&nbsp;&nbsp; Management fees | 9068 | &nbsp;&nbsp; 12228 | 1691 | 3210  |
| **TOTAL LIABILITIES** | 1255748 | &nbsp;&nbsp; 697724 | 677697 | 3210  |
| **NET ASSETS** | $21964757 | &nbsp;&nbsp; $21830456 | $41248789 | $86873776  |
| **COMPONENTS OF NET ASSETS**<br>|  |  |  |  |
| Paid-in capital | $22016299 | &nbsp;&nbsp; $22199312 | $38416647 | $80681392  |
| Total distributable earnings (accumulated loss) | (51542) | &nbsp;&nbsp; (368856) | 2832142 | 6192384  |
| **NET ASSETS** | $21964757 | &nbsp;&nbsp; $21830456 | $41248789 | $86873776  |
| **NET ASSET VALUE PER SHARE**<br>|  |  |  |  |
| Net Asset Value | $25.84 | &nbsp;&nbsp; $25.68 | $27.05 | $28.25  |
|  Shares of beneficial interest outstanding (unlimited number of Shares authorized, no par value) | 850000 | &nbsp;&nbsp; 850000 | 1525000 | 3075000  |
| **COST OF INVESTMENTS**<br>|  |  |  |  |
| Investments, at cost - Affiliated | $— | &nbsp;&nbsp; $— | $38394509 | $80651490  |
| Investments, at cost - Unaffiliated | 22258974 | &nbsp;&nbsp; 22213743 | 11210 | 20224  |
| Premiums received | $504314 | &nbsp;&nbsp; $537004 | $— | $— |

---

The accompanying notes are an integral part of the financial statements.

61<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Assets and Liabilities** 

**October 31, 2025 (continued)** 

---

| | |
|:---|:---|
|  | **AllianzIM** <br>**6 Month** <br>**Buffer10** <br>**Allocation** <br>**ETF** |
| **ASSETS**<br>|  |
| Investments, at value - Affiliated | $37895551  |
| Investments, at value - Unaffiliated | 8220  |
| **TOTAL ASSETS** | 37903771  |
| **LIABILITIES**<br>|  |
| Payables:<br>|  |
| &nbsp;&nbsp;&nbsp; Management fees | 1549  |
| **TOTAL LIABILITIES** | 1549  |
| **NET ASSETS** | $37902222  |
| **COMPONENTS OF NET ASSETS**<br>|  |
| Paid-in capital | $35473430  |
| Total distributable earnings (accumulated loss) | 2428792  |
| **NET ASSETS** | $37902222  |
| **NET ASSET VALUE PER SHARE**<br>|  |
| Net Asset Value | $27.07  |
| Shares of beneficial interest outstanding (unlimited number of Shares authorized, no par value) | 1400000  |
| **COST OF INVESTMENTS**<br>|  |
| Investments, at cost - Affiliated | $35455967  |
| Investments, at cost - Unaffiliated | 8220 |

---

The accompanying notes are an integral part of the financial statements.

62<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Operations**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S.** <br>**Equity Buffer10** <br>**Jan ETF** | **AllianzIM U.S.** <br>**Equity Buffer10** <br>**Feb ETF** | **AllianzIM U.S.** <br>**Equity Buffer10** <br>**Mar ETF** | **AllianzIM U.S.** <br>**Equity Buffer10** <br>**Apr ETF**  |
|  | **For the Year** <br>**Ended** <br>**October 31, 2025** | **For the Year** <br>**Ended** <br>**October 31, 2025** | **For the Year** <br>**Ended** <br>**October 31, 2025** | **For the Year** <br>**Ended** <br>**October 31, 2025**  |
| **INVESTMENT INCOME:**<br>|  |  |  |  |
| Interest income | $15751 | $7952 | &nbsp;&nbsp; $6584 | &nbsp;&nbsp; $7972  |
| Total Investment Income | 15751 | 7952 | &nbsp;&nbsp; 6584 | &nbsp;&nbsp; 7972  |
| **EXPENSES:**<br>|  |  |  |  |
| Management fees | 873725 | 506235 | &nbsp;&nbsp; 202264 | &nbsp;&nbsp; 324436  |
| Interest expense |  | 7 | &nbsp;&nbsp; 9 | &nbsp;&nbsp; 54  |
| Total Expenses | 873725 | 506242 | &nbsp;&nbsp; 202273 | &nbsp;&nbsp; 324490  |
| **NET INVESTMENT INCOME (LOSS)** | (857974) | (498290) | &nbsp;&nbsp; (195689) | &nbsp;&nbsp; (316518)  |
|  **REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:**<br>|  |  |  |  |
| Net realized gain (loss) on:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Redemptions In-Kind | 17653364 | 6283511 | &nbsp;&nbsp; 5299091 | &nbsp;&nbsp; 5279532  |
| &nbsp;&nbsp;&nbsp; Option contracts purchased | (3027834) | (1054855) | &nbsp;&nbsp; (1248380) | &nbsp;&nbsp; (1688809)  |
| &nbsp;&nbsp;&nbsp; Option contracts written | (2120750) | (1463147) | &nbsp;&nbsp; 203837 | &nbsp;&nbsp; (23563)  |
| Net realized gain (loss) | 12504780 | 3765509 | &nbsp;&nbsp; 4254548 | &nbsp;&nbsp; 3567160  |
| Net change in unrealized appreciation (depreciation) on:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Options contracts purchased | 2008675 | 8922448 | &nbsp;&nbsp; 528556 | &nbsp;&nbsp; 3796968  |
| &nbsp;&nbsp;&nbsp; Options contracts written | 1254753 | 2420968 | &nbsp;&nbsp; (328969) | &nbsp;&nbsp; (2724619)  |
| Net change in unrealized appreciation (depreciation) | 3263428 | 11343416 | &nbsp;&nbsp; 199587 | &nbsp;&nbsp; 1072349  |
| **NET REALIZED AND UNREALIZED GAIN (LOSS)** | 15768208 | 15108925 | &nbsp;&nbsp; 4454135 | &nbsp;&nbsp; 4639509  |
|  **INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS** | $14910234 | $14610635 | &nbsp;&nbsp; $4258446 | &nbsp;&nbsp; $4322991 |

---

The accompanying notes are an integral part of the financial statements.

63<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Operations (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S.** <br>**Equity Buffer10** <br>**May ETF** | **AllianzIM U.S.** <br>**Equity Buffer10** <br>**Jun ETF** | **AllianzIM U.S.** <br>**Equity Buffer10** <br>**Jul ETF** | **AllianzIM U.S.** <br>**Equity Buffer10** <br>**Aug ETF**  |
|  | **For the Year** <br>**Ended** <br>**October 31, 2025** | **For the Year** <br>**Ended** <br>**October 31, 2025** | **For the Year** <br>**Ended** <br>**October 31, 2025** | **For the Year** <br>**Ended** <br>**October 31, 2025**  |
| **INVESTMENT INCOME:**<br>|  |  |  |  |
| Interest income | &nbsp;&nbsp; $1693 | &nbsp;&nbsp; $2680 | $8984 | $14248  |
| Total Investment Income | &nbsp;&nbsp; 1693 | &nbsp;&nbsp; 2680 | 8984 | 14248  |
| **EXPENSES:**<br>|  |  |  |  |
| Management fees | &nbsp;&nbsp; 123067 | &nbsp;&nbsp; 139646 | 520636 | 364254  |
| Interest expense | &nbsp;&nbsp; 4 | &nbsp;&nbsp; — |  | 23  |
| Total Expenses | &nbsp;&nbsp; 123071 | &nbsp;&nbsp; 139646 | 520636 | 364277  |
| **NET INVESTMENT INCOME (LOSS)** | &nbsp;&nbsp; (121378) | &nbsp;&nbsp; (136966) | (511652) | (350029)  |
|  **REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:**<br>|  |  |  |  |
| Net realized gain (loss) on:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Redemptions In-Kind | &nbsp;&nbsp; 77603 | &nbsp;&nbsp; 2046484 | 13768870 | 11234610  |
| &nbsp;&nbsp;&nbsp; Option contracts purchased | &nbsp;&nbsp; (563826) | &nbsp;&nbsp; (683218) | (2896738) | (1844048)  |
| &nbsp;&nbsp;&nbsp; Option contracts written | &nbsp;&nbsp; 284793 | &nbsp;&nbsp; 8959 | 72139 | 103324  |
| Net realized gain (loss) | &nbsp;&nbsp; (201430) | &nbsp;&nbsp; 1372225 | 10944271 | 9493886  |
| Net change in unrealized appreciation (depreciation) on:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Options contracts purchased | &nbsp;&nbsp; 3029247 | &nbsp;&nbsp; 1819749 | 4543309 | (1287930)  |
| &nbsp;&nbsp;&nbsp; Options contracts written | &nbsp;&nbsp; (640386) | &nbsp;&nbsp; (628142) | (1475818) | (740795)  |
| Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp; 2388861 | &nbsp;&nbsp; 1191607 | 3067491 | (2028725)  |
| **NET REALIZED AND UNREALIZED GAIN (LOSS)** | &nbsp;&nbsp; 2187431 | &nbsp;&nbsp; 2563832 | 14011762 | 7465161  |
|  **INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS** | &nbsp;&nbsp; $2066053 | &nbsp;&nbsp; $2426866 | $13500110 | $7115132 |

---

The accompanying notes are an integral part of the financial statements.

64<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Operations (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S.** <br>**Equity Buffer10** <br>**Sep ETF** | **AllianzIM U.S.** <br>**Equity Buffer10** <br>**Oct ETF** | **AllianzIM U.S.** <br>**Equity Buffer10** <br>**Nov ETF** | **AllianzIM U.S.** <br>**Equity Buffer10** <br>**Dec ETF**  |
|  | **For the Year** <br>**Ended** <br>**October 31, 2025** | **For the Year** <br>**Ended** <br>**October 31, 2025** | **For the Year** <br>**Ended** <br>**October 31, 2025** | **For the Year** <br>**Ended** <br>**October 31, 2025**  |
| **INVESTMENT INCOME:**<br>|  |  |  |  |
| Interest income | &nbsp;&nbsp; $6241 | $16927 | &nbsp;&nbsp; $4420 | $11581  |
| Total Investment Income | &nbsp;&nbsp; 6241 | 16927 | &nbsp;&nbsp; 4420 | 11581  |
| **EXPENSES:**<br>|  |  |  |  |
| Management fees | &nbsp;&nbsp; 283757 | 862928 | &nbsp;&nbsp; 257555 | 734505  |
| Interest expense | &nbsp;&nbsp; — | 3 | &nbsp;&nbsp; 35 | —  |
| Total Expenses | &nbsp;&nbsp; 283757 | 862931 | &nbsp;&nbsp; 257590 | 734505  |
| **NET INVESTMENT INCOME (LOSS)** | &nbsp;&nbsp; (277516) | (846004) | &nbsp;&nbsp; (253170) | (722924)  |
|  **REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:**<br>|  |  |  |  |
| Net realized gain (loss) on:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Redemptions In-Kind | &nbsp;&nbsp; 7456424 | 16509612 | &nbsp;&nbsp; 5856348 | 1675625  |
| &nbsp;&nbsp;&nbsp; Option contracts purchased | &nbsp;&nbsp; (812314) | (1145876) | &nbsp;&nbsp; (443286) | (486621)  |
| &nbsp;&nbsp;&nbsp; Option contracts written | &nbsp;&nbsp; 90794 | (619735) | &nbsp;&nbsp; (527982) | (1986044)  |
| Net realized gain (loss) | &nbsp;&nbsp; 6734904 | 14744001 | &nbsp;&nbsp; 4885080 | (797040)  |
| Net change in unrealized appreciation (depreciation) on:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Options contracts purchased | &nbsp;&nbsp; 3735610 | 1384123 | &nbsp;&nbsp; 1501 | 9528188  |
| &nbsp;&nbsp;&nbsp; Options contracts written | &nbsp;&nbsp; (1647735) | (566257) | &nbsp;&nbsp; 1501 | 3041891  |
| Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp; 2087875 | 817866 | &nbsp;&nbsp; 3002 | 12570079  |
| **NET REALIZED AND UNREALIZED GAIN (LOSS)** | &nbsp;&nbsp; 8822779 | 15561867 | &nbsp;&nbsp; 4888082 | 11773039  |
|  **INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS** | &nbsp;&nbsp; $8545263 | $14715863 | &nbsp;&nbsp; $4634912 | $11050115 |

---

The accompanying notes are an integral part of the financial statements.

65<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Operations (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S.** <br>**Equity Buffer20** <br>**Jan ETF** | **AllianzIM U.S.** <br>**Equity Buffer20** <br>**Feb ETF** | **AllianzIM U.S.** <br>**Equity Buffer20** <br>**Mar ETF** | **AllianzIM U.S.** <br>**Equity Buffer20** <br>**Apr ETF**  |
|  | **For the Year** <br>**Ended** <br>**October 31, 2025** | **For the Year** <br>**Ended** <br>**October 31, 2025** | **For the Year** <br>**Ended** <br>**October 31, 2025** | **For the Year** <br>**Ended** <br>**October 31, 2025**  |
| **INVESTMENT INCOME:**<br>|  |  |  |  |
| Interest income | $52421 | $16672 | $15210 | $26615  |
| Total Investment Income | 52421 | 16672 | 15210 | 26615  |
| **EXPENSES:**<br>|  |  |  |  |
| Management fees | 2890101 | 678013 | 528695 | 1264076  |
| Interest expense |  | 202 |  | —  |
| Total Expenses | 2890101 | 678215 | 528695 | 1264076  |
| **NET INVESTMENT INCOME (LOSS)** | (2837680) | (661543) | (513485) | (1237461)  |
|  **REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:**<br>|  |  |  |  |
| Net realized gain (loss) on:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Redemptions In-Kind | 47442748 | 13623705 | 12382382 | 18149966  |
| &nbsp;&nbsp;&nbsp; Option contracts purchased | (13048617) | (2608965) | (2778847) | (6283921)  |
| &nbsp;&nbsp;&nbsp; Option contracts written | (14649430) | (5630009) | (1216902) | 338609  |
| Net realized gain (loss) | 19744701 | 5384731 | 8386633 | 12204654  |
| Net change in unrealized appreciation (depreciation) on:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Options contracts purchased | 17976670 | 2963046 | 1895667 | 16885837  |
| &nbsp;&nbsp;&nbsp; Options contracts written | 3378137 | 1134945 | (1585443) | (15735912)  |
| Net change in unrealized appreciation (depreciation) | 21354807 | 4097991 | 310224 | 1149925  |
| **NET REALIZED AND UNREALIZED GAIN (LOSS)** | 41099508 | 9482722 | 8696857 | 13354579  |
|  **INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS** | $38261828 | $8821179 | $8183372 | $12117118 |

---

The accompanying notes are an integral part of the financial statements.

66<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Operations (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S.** <br>**Equity Buffer20** <br>**May ETF** | **AllianzIM U.S.** <br>**Equity Buffer20** <br>**Jun ETF** | **AllianzIM U.S.** <br>**Equity Buffer20** <br>**Jul ETF** | **AllianzIM U.S.** <br>**Equity Buffer20** <br>**Aug ETF**  |
|  | **For the Year** <br>**Ended** <br>**October 31, 2025** | **For the Year** <br>**Ended** <br>**October 31, 2025** | **For the Year** <br>**Ended** <br>**October 31, 2025** | **For the Year** <br>**Ended** <br>**October 31, 2025**  |
| **INVESTMENT INCOME:**<br>|  |  |  |  |
| Interest income | &nbsp;&nbsp; $6674 | &nbsp;&nbsp; $15174 | $29434 | $32528  |
| Total Investment Income | &nbsp;&nbsp; 6674 | &nbsp;&nbsp; 15174 | 29434 | 32528  |
| **EXPENSES:**<br>|  |  |  |  |
| Management fees | &nbsp;&nbsp; 475651 | &nbsp;&nbsp; 550513 | 1692502 | 1200883  |
| Interest expense | &nbsp;&nbsp; 4 | &nbsp;&nbsp; — |  | 184  |
| Total Expenses | &nbsp;&nbsp; 475655 | &nbsp;&nbsp; 550513 | 1692502 | 1201067  |
| **NET INVESTMENT INCOME (LOSS)** | &nbsp;&nbsp; (468981) | &nbsp;&nbsp; (535339) | (1663068) | (1168539)  |
|  **REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:**<br>|  |  |  |  |
| Net realized gain (loss) on:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Redemptions In-Kind | &nbsp;&nbsp; 7906978 | &nbsp;&nbsp; 3997056 | 27834019 | 35634362  |
| &nbsp;&nbsp;&nbsp; Option contracts purchased | &nbsp;&nbsp; (165816) | &nbsp;&nbsp; (2333288) | (1667376) | (7490216)  |
| &nbsp;&nbsp;&nbsp; Option contracts written | &nbsp;&nbsp; (116930) | &nbsp;&nbsp; 563902 | (1367577) | (2306379)  |
| Net realized gain (loss) | &nbsp;&nbsp; 7624232 | &nbsp;&nbsp; 2227670 | 24799066 | 25837767  |
| Net change in unrealized appreciation (depreciation) on:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Options contracts purchased | &nbsp;&nbsp; 5891730 | &nbsp;&nbsp; 4935895 | 16083776 | 18658  |
| &nbsp;&nbsp;&nbsp; Options contracts written | &nbsp;&nbsp; (4502041) | &nbsp;&nbsp; (3069114) | (10310549) | (3369308)  |
| Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp; 1389689 | &nbsp;&nbsp; 1866781 | 5773227 | (3350650)  |
| **NET REALIZED AND UNREALIZED GAIN (LOSS)** | &nbsp;&nbsp; 9013921 | &nbsp;&nbsp; 4094451 | 30572293 | 22487117  |
|  **INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS** | &nbsp;&nbsp; $8544940 | &nbsp;&nbsp; $3559112 | $28909225 | $21318578 |

---

The accompanying notes are an integral part of the financial statements.

67<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Operations (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S.** <br>**Equity Buffer20** <br>**Sep ETF** | **AllianzIM U.S.** <br>**Equity Buffer20** <br>**Oct ETF** | **AllianzIM U.S.** <br>**Equity Buffer20** <br>**Nov ETF** | **AllianzIM U.S.** <br>**Equity Buffer20** <br>**Dec ETF**  |
|  | **For the Year** <br>**Ended** <br>**October 31, 2025** | **For the Year** <br>**Ended** <br>**October 31, 2025** | **For the Year** <br>**Ended** <br>**October 31, 2025** | **For the Year** <br>**Ended** <br>**October 31, 2025**  |
| **INVESTMENT INCOME:**<br>|  |  |  |  |
| Interest income | $23109 | $49803 | $8143 | $43663  |
| Total Investment Income | 23109 | 49803 | 8143 | 43663  |
| **EXPENSES:**<br>|  |  |  |  |
| Management fees | 984123 | 2617536 | 502100 | 2636434  |
| Interest expense | 303 |  |  | —  |
| Total Expenses | 984426 | 2617536 | 502100 | 2636434  |
| **NET INVESTMENT INCOME (LOSS)** | (961317) | (2567733) | (493957) | (2592771)  |
|  **REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:**<br>|  |  |  |  |
| Net realized gain (loss) on:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Redemptions In-Kind | 19234144 | 38562528 | 11656926 | 17364230  |
| &nbsp;&nbsp;&nbsp; Option contracts purchased | (3169536) | (3710089) | (1167655) | (2242366)  |
| &nbsp;&nbsp;&nbsp; Option contracts written | (1275560) | (6136637) | (3274021) | (11228371)  |
| Net realized gain (loss) | 14789048 | 28715802 | 7215250 | 3893493  |
| Net change in unrealized appreciation (depreciation) on:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Options contracts purchased | 9419554 | 7060773 | (2341) | 25497078  |
| &nbsp;&nbsp;&nbsp; Options contracts written | (6964081) | (4223665) | (2341) | 5656935  |
| Net change in unrealized appreciation (depreciation) | 2455473 | 2837108 | (4682) | 31154013  |
| **NET REALIZED AND UNREALIZED GAIN (LOSS)** | 17244521 | 31552910 | 7210568 | 35047506  |
|  **INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS** | $16283204 | $28985177 | $6716611 | $32454735 |

---

The accompanying notes are an integral part of the financial statements.

68<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Operations (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S.** <br>**Equity Buffer15** <br>**Uncapped** <br>**Jan ETF** | **AllianzIM U.S.** <br>**Equity Buffer15** <br>**Uncapped** <br>**Feb ETF** | **AllianzIM U.S.** <br>**Equity Buffer15** <br>**Uncapped** <br>**Mar ETF** | **AllianzIM U.S.** <br>**Equity Buffer15** <br>**Uncapped** <br>**Apr ETF**  |
|  | **For the Period** <br>**Ended October 31,** <br>**2025\*** | **For the Period** <br>**Ended October 31,** <br>**2025\*\*** | **For the Period** <br>**Ended October 31,** <br>**2025\*\*\*** | **For the Year** <br>**Ended October 31,** <br>**2025**  |
| **INVESTMENT INCOME:**<br>|  |  |  |  |
| Interest income | &nbsp;&nbsp;&nbsp; $5233 | &nbsp;&nbsp;&nbsp; $3212 | &nbsp;&nbsp;&nbsp; $657 | &nbsp;&nbsp;&nbsp; $3143  |
| Total Investment Income | &nbsp;&nbsp;&nbsp; 5233 | &nbsp;&nbsp;&nbsp; 3212 | &nbsp;&nbsp;&nbsp; 657 | &nbsp;&nbsp;&nbsp; 3143  |
| **EXPENSES:**<br>|  |  |  |  |
| Management fees | &nbsp;&nbsp;&nbsp; 414622 | &nbsp;&nbsp;&nbsp; 247870 | &nbsp;&nbsp;&nbsp; 91329 | &nbsp;&nbsp;&nbsp; 267050  |
| Interest expense | &nbsp;&nbsp;&nbsp; 211 | &nbsp;&nbsp;&nbsp; 23 | &nbsp;&nbsp;&nbsp; 18 | &nbsp;&nbsp;&nbsp; —  |
| Total Expenses | &nbsp;&nbsp;&nbsp; 414833 | &nbsp;&nbsp;&nbsp; 247893 | &nbsp;&nbsp;&nbsp; 91347 | &nbsp;&nbsp;&nbsp; 267050  |
| Expense reimbursement | &nbsp;&nbsp;&nbsp; (211) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; —  |
| Net Expenses | &nbsp;&nbsp;&nbsp; 414622 | &nbsp;&nbsp;&nbsp; 247893 | &nbsp;&nbsp;&nbsp; 91347 | &nbsp;&nbsp;&nbsp; 267050  |
| **NET INVESTMENT INCOME (LOSS)** | &nbsp;&nbsp;&nbsp; (409389) | &nbsp;&nbsp;&nbsp; (244681) | &nbsp;&nbsp;&nbsp; (90690) | &nbsp;&nbsp;&nbsp; (263907)  |
|  **REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:**<br>|  |  |  |  |
| Net realized gain (loss) on:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Redemptions In-Kind | &nbsp;&nbsp;&nbsp; 924107 | &nbsp;&nbsp;&nbsp; 1453906 | &nbsp;&nbsp;&nbsp; 6609 | &nbsp;&nbsp;&nbsp; 732034  |
| &nbsp;&nbsp;&nbsp; Option contracts purchased | &nbsp;&nbsp;&nbsp; (297285) | &nbsp;&nbsp;&nbsp; (99181) | &nbsp;&nbsp;&nbsp; (13202) | &nbsp;&nbsp;&nbsp; (1927833)  |
| &nbsp;&nbsp;&nbsp; Option contracts written | &nbsp;&nbsp;&nbsp; (13869) | &nbsp;&nbsp;&nbsp; (1635) | &nbsp;&nbsp;&nbsp; (625) | &nbsp;&nbsp;&nbsp; (28037)  |
| Net realized gain (loss) | &nbsp;&nbsp;&nbsp; 612953 | &nbsp;&nbsp;&nbsp; 1353090 | &nbsp;&nbsp;&nbsp; (7218) | &nbsp;&nbsp;&nbsp; (1223836)  |
| Net change in unrealized appreciation (depreciation) on:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Options contracts purchased | &nbsp;&nbsp;&nbsp; 7393938 | &nbsp;&nbsp;&nbsp; 3708537 | &nbsp;&nbsp;&nbsp; 2170228 | &nbsp;&nbsp;&nbsp; 6709830  |
| &nbsp;&nbsp;&nbsp; Options contracts written | &nbsp;&nbsp;&nbsp; 1133627 | &nbsp;&nbsp;&nbsp; 658866 | &nbsp;&nbsp;&nbsp; 373641 | &nbsp;&nbsp;&nbsp; 711405  |
| Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp; 8527565 | &nbsp;&nbsp;&nbsp; 4367403 | &nbsp;&nbsp;&nbsp; 2543869 | &nbsp;&nbsp;&nbsp; 7421235  |
| **NET REALIZED AND UNREALIZED GAIN** <br>&nbsp;&nbsp;&nbsp;&nbsp;(LOSS) | &nbsp;&nbsp;&nbsp; 9140518 | &nbsp;&nbsp;&nbsp; 5720493 | &nbsp;&nbsp;&nbsp; 2536651 | &nbsp;&nbsp;&nbsp; 6197399  |
|  **INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS** | &nbsp;&nbsp;&nbsp; $8731129 | &nbsp;&nbsp;&nbsp; $5475812 | &nbsp;&nbsp;&nbsp; $2445961 | &nbsp;&nbsp;&nbsp; $5933492 |

---

\* The Fund commenced operations on December 31, 2024.

\*\* The Fund commenced operations on January 31, 2025.

\*\*\* The Fund commenced operations on February 28, 2025.

The accompanying notes are an integral part of the financial statements.

69<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Operations (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S.** <br>**Equity Buffer15** <br>**Uncapped** <br>**May ETF** | **AllianzIM U.S.** <br>**Equity Buffer15** <br>**Uncapped** <br>**Jun ETF** | **AllianzIM U.S.** <br>**Equity Buffer15** <br>**Uncapped** <br>**Jul ETF** | **AllianzIM U.S.** <br>**Equity Buffer15** <br>**Uncapped** <br>**Aug ETF**  |
|  | **For the Year** <br>**Ended** <br>**October 31, 2025** | **For the Year** <br>**Ended** <br>**October 31, 2025** | **For the Year** <br>**Ended** <br>**October 31, 2025** | **For the Year** <br>**Ended** <br>**October 31, 2025**  |
| **INVESTMENT INCOME:**<br>|  |  |  |  |
| Interest income | &nbsp;&nbsp; $1846 | &nbsp;&nbsp; $1671 | $5312 | &nbsp;&nbsp; $3129  |
| Total Investment Income | &nbsp;&nbsp; 1846 | &nbsp;&nbsp; 1671 | 5312 | &nbsp;&nbsp; 3129  |
| **EXPENSES:**<br>|  |  |  |  |
| Management fees | &nbsp;&nbsp; 143665 | &nbsp;&nbsp; 133030 | 514372 | &nbsp;&nbsp; 205033  |
| Interest expense | &nbsp;&nbsp; — | &nbsp;&nbsp; 33 | 545 | &nbsp;&nbsp; 11  |
| Total Expenses | &nbsp;&nbsp; 143665 | &nbsp;&nbsp; 133063 | 514917 | &nbsp;&nbsp; 205044  |
| **NET INVESTMENT INCOME (LOSS)** | &nbsp;&nbsp; (141819) | &nbsp;&nbsp; (131392) | (509605) | &nbsp;&nbsp; (201915)  |
|  **REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:**<br>|  |  |  |  |
| Net realized gain (loss) on:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Redemptions In-Kind | &nbsp;&nbsp; 200021 | &nbsp;&nbsp; 376441 | 4393077 | &nbsp;&nbsp; 6529248  |
| &nbsp;&nbsp;&nbsp; Option contracts purchased | &nbsp;&nbsp; (1321509) | &nbsp;&nbsp; (799067) | (735010) | &nbsp;&nbsp; (2222646)  |
| &nbsp;&nbsp;&nbsp; Option contracts written | &nbsp;&nbsp; 83430 | &nbsp;&nbsp; 44 | 8655 | &nbsp;&nbsp; 4267  |
| Net realized gain (loss) | &nbsp;&nbsp; (1038058) | &nbsp;&nbsp; (422582) | 3666722 | &nbsp;&nbsp; 4310869  |
| Net change in unrealized appreciation (depreciation) on:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Options contracts purchased | &nbsp;&nbsp; 3850782 | &nbsp;&nbsp; 2837131 | 8835901 | &nbsp;&nbsp; 790221  |
| &nbsp;&nbsp;&nbsp; Options contracts written | &nbsp;&nbsp; 489996 | &nbsp;&nbsp; 355875 | 959401 | &nbsp;&nbsp; 1919  |
| Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp; 4340778 | &nbsp;&nbsp; 3193006 | 9795302 | &nbsp;&nbsp; 792140  |
| **NET REALIZED AND UNREALIZED GAIN (LOSS)** | &nbsp;&nbsp; 3302720 | &nbsp;&nbsp; 2770424 | 13462024 | &nbsp;&nbsp; 5103009  |
|  **INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS** | &nbsp;&nbsp; $3160901 | &nbsp;&nbsp; $2639032 | $12952419 | &nbsp;&nbsp; $4901094 |

---

The accompanying notes are an integral part of the financial statements.

70<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Operations (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S.** <br>**Equity Buffer15** <br>**Uncapped** <br>**Sep ETF** | **AllianzIM U.S.** <br>**Equity Buffer15** <br>**Uncapped** <br>**Oct ETF** | **AllianzIM U.S.** <br>**Equity Buffer15** <br>**Uncapped** <br>**Nov ETF** | **AllianzIM U.S.** <br>**Equity Buffer15** <br>**Uncapped** <br>**Dec ETF**  |
|  | **For the Year** <br>**Ended** <br>**October 31, 2025** | **For the Year** <br>**Ended** <br>**October 31, 2025** | **For the Year** <br>**Ended** <br>**October 31, 2025** | **For the Period** <br>**Ended** <br>**October 31, 2025\***  |
| **INVESTMENT INCOME:**<br>|  |  |  |  |
| Interest income | &nbsp;&nbsp; $3331 | &nbsp;&nbsp; $4002 | &nbsp;&nbsp; $2606 | &nbsp;&nbsp; $5117  |
| Total Investment Income | &nbsp;&nbsp; 3331 | &nbsp;&nbsp; 4002 | &nbsp;&nbsp; 2606 | &nbsp;&nbsp; 5117  |
| **EXPENSES:**<br>|  |  |  |  |
| Management fees | &nbsp;&nbsp; 297540 | &nbsp;&nbsp; 303567 | &nbsp;&nbsp; 178996 | &nbsp;&nbsp; 741725  |
| Interest expense | &nbsp;&nbsp; — | &nbsp;&nbsp; 56 | &nbsp;&nbsp; 21 | &nbsp;&nbsp; 17  |
| Total Expenses | &nbsp;&nbsp; 297540 | &nbsp;&nbsp; 303623 | &nbsp;&nbsp; 179017 | &nbsp;&nbsp; 741742  |
| **NET INVESTMENT INCOME (LOSS)** | &nbsp;&nbsp; (294209) | &nbsp;&nbsp; (299621) | &nbsp;&nbsp; (176411) | &nbsp;&nbsp; (736625)  |
|  **REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:**<br>|  |  |  |  |
| Net realized gain (loss) on:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Redemptions In-Kind | &nbsp;&nbsp; 4055533 | &nbsp;&nbsp; 7493545 | &nbsp;&nbsp; 4886542 | &nbsp;&nbsp; 422172  |
| &nbsp;&nbsp;&nbsp; Option contracts purchased | &nbsp;&nbsp; (1704183) | &nbsp;&nbsp; (1189363) | &nbsp;&nbsp; (590260) | &nbsp;&nbsp; (18115)  |
| &nbsp;&nbsp;&nbsp; Option contracts written | &nbsp;&nbsp; 2994 | &nbsp;&nbsp; 2448 | &nbsp;&nbsp; (150) | &nbsp;&nbsp; (1973)  |
| Net realized gain (loss) | &nbsp;&nbsp; 2354344 | &nbsp;&nbsp; 6306630 | &nbsp;&nbsp; 4296132 | &nbsp;&nbsp; 402084  |
| Net change in unrealized appreciation (depreciation) on:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Options contracts purchased | &nbsp;&nbsp; 4929001 | &nbsp;&nbsp; 1183611 | &nbsp;&nbsp; (2942) | &nbsp;&nbsp; 17764734  |
| &nbsp;&nbsp;&nbsp; Options contracts written | &nbsp;&nbsp; 445646 | &nbsp;&nbsp; 138382 | &nbsp;&nbsp; (1471) | &nbsp;&nbsp; 1951747  |
| Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp; 5374647 | &nbsp;&nbsp; 1321993 | &nbsp;&nbsp; (4413) | &nbsp;&nbsp; 19716481  |
| **NET REALIZED AND UNREALIZED GAIN (LOSS)** | &nbsp;&nbsp; 7728991 | &nbsp;&nbsp; 7628623 | &nbsp;&nbsp; 4291719 | &nbsp;&nbsp; 20118565  |
|  **INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS** | &nbsp;&nbsp; $7434782 | &nbsp;&nbsp; $7329002 | &nbsp;&nbsp; $4115308 | &nbsp;&nbsp; $19381940 |

---

\* The Fund commenced operations on November 29, 2024.

The accompanying notes are an integral part of the financial statements.

71<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Operations (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S.** <br>**Equity 6 Month** <br>**Buffer10** <br>**Jan/Jul ETF** | **AllianzIM U.S.** <br>**Equity 6 Month** <br>**Buffer10** <br>**Feb/Aug ETF** | **AllianzIM U.S.** <br>**Equity 6 Month** <br>**Buffer10** <br>**Mar/Sep ETF** | **AllianzIM U.S.** <br>**Equity 6 Month** <br>**Buffer10** <br>**Apr/Oct ETF**  |
|  | **For the Year** <br>**Ended** <br>**October 31, 2025** | **For the Year** <br>**Ended** <br>**October 31, 2025** | **For the Year** <br>**Ended** <br>**October 31, 2025** | **For the Year** <br>**Ended** <br>**October 31, 2025**  |
| **INVESTMENT INCOME:**<br>|  |  |  |  |
| Interest income | $37677 | &nbsp;&nbsp; $8259 | $15808 | $44818  |
| Total Investment Income | 37677 | &nbsp;&nbsp; 8259 | 15808 | 44818  |
| **EXPENSES:**<br>|  |  |  |  |
| Management fees | 1357316 | &nbsp;&nbsp; 326883 | 693754 | 1557441  |
| Interest expense |  | &nbsp;&nbsp; — |  | 208  |
| Total Expenses | 1357316 | &nbsp;&nbsp; 326883 | 693754 | 1557649  |
| **NET INVESTMENT INCOME (LOSS)** | (1319639) | &nbsp;&nbsp; (318624) | (677946) | (1512831)  |
|  **REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:**<br>|  |  |  |  |
| Net realized gain (loss) on:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Redemptions In-Kind | 38990511 | &nbsp;&nbsp; 7087574 | 10667375 | 35873389  |
| &nbsp;&nbsp;&nbsp; Option contracts purchased | (7208577) | &nbsp;&nbsp; (2703913) | (3080602) | (10117988)  |
| &nbsp;&nbsp;&nbsp; Option contracts written | 973221 | &nbsp;&nbsp; 33284 | 125102 | (8047414)  |
| Net realized gain (loss) | 32755155 | &nbsp;&nbsp; 4416945 | 7711875 | 17707987  |
| Net change in unrealized appreciation (depreciation) on:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Options contracts purchased | 47129 | &nbsp;&nbsp; 2709989 | 14284452 | 2963048  |
| &nbsp;&nbsp;&nbsp; Options contracts written | (3393058) | &nbsp;&nbsp; (1183377) | (5423763) | (1720963)  |
| Net change in unrealized appreciation (depreciation) | (3345929) | &nbsp;&nbsp; 1526612 | 8860689 | 1242085  |
| **NET REALIZED AND UNREALIZED GAIN (LOSS)** | 29409226 | &nbsp;&nbsp; 5943557 | 16572564 | 18950072  |
|  **INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS** | $28089587 | &nbsp;&nbsp; $5624933 | $15894618 | $17437241 |

---

The accompanying notes are an integral part of the financial statements.

72<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Operations (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S.** <br>**Equity 6 Month** <br>**Buffer10** <br>**May/Nov ETF** | **AllianzIM U.S.** <br>**Equity 6 Month** <br>**Buffer10** <br>**Jun/Dec ETF** | **AllianzIM U.S.** <br>**Equity 6 Month** <br>**Floor5** <br>**Jan/Jul ETF** | **AllianzIM U.S.** <br>**Equity 6 Month** <br>**Floor5** <br>**Apr/Oct ETF**  |
|  | **For the Year** <br>**Ended** <br>**October 31, 2025** | **For the Year** <br>**Ended** <br>**October 31, 2025** | **For the Year** <br>**Ended** <br>**October 31, 2025** | **For the Year** <br>**Ended** <br>**October 31, 2025**  |
| **INVESTMENT INCOME:**<br>|  |  |  |  |
| Interest income | &nbsp;&nbsp; $3468 | &nbsp;&nbsp; $19132 | &nbsp;&nbsp; $3895 | &nbsp;&nbsp; $3100  |
| Total Investment Income | &nbsp;&nbsp; 3468 | &nbsp;&nbsp; 19132 | &nbsp;&nbsp; 3895 | &nbsp;&nbsp; 3100  |
| **EXPENSES:**<br>|  |  |  |  |
| Management fees | &nbsp;&nbsp; 141344 | &nbsp;&nbsp; 628798 | &nbsp;&nbsp; 142180 | &nbsp;&nbsp; 111683  |
| Interest expense | &nbsp;&nbsp; 8 | &nbsp;&nbsp; — | &nbsp;&nbsp; 34 | &nbsp;&nbsp; 20  |
| Total Expenses | &nbsp;&nbsp; 141352 | &nbsp;&nbsp; 628798 | &nbsp;&nbsp; 142214 | &nbsp;&nbsp; 111703  |
| **NET INVESTMENT INCOME (LOSS)** | &nbsp;&nbsp; (137884) | &nbsp;&nbsp; (609666) | &nbsp;&nbsp; (138319) | &nbsp;&nbsp; (108603)  |
|  **REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:**<br>|  |  |  |  |
| Net realized gain (loss) on:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Redemptions In-Kind | &nbsp;&nbsp; 4975506 | &nbsp;&nbsp; 6731028 | &nbsp;&nbsp; 4377394 | &nbsp;&nbsp; 4206801  |
| &nbsp;&nbsp;&nbsp; Option contracts purchased | &nbsp;&nbsp; (1659577) | &nbsp;&nbsp; (3326387) | &nbsp;&nbsp; (630919) | &nbsp;&nbsp; (1446535)  |
| &nbsp;&nbsp;&nbsp; Option contracts written | &nbsp;&nbsp; (1617289) | &nbsp;&nbsp; (962753) | &nbsp;&nbsp; 131751 | &nbsp;&nbsp; (1349632)  |
| Net realized gain (loss) | &nbsp;&nbsp; 1698640 | &nbsp;&nbsp; 2441888 | &nbsp;&nbsp; 3878226 | &nbsp;&nbsp; 1410634  |
| Net change in unrealized appreciation (depreciation) on:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Options contracts purchased | (817) | &nbsp;&nbsp; 3863266 | &nbsp;&nbsp; 244472 | &nbsp;&nbsp; 312547  |
| &nbsp;&nbsp;&nbsp; Options contracts written | &nbsp;&nbsp; (816) | &nbsp;&nbsp; (1304353) | &nbsp;&nbsp; (306517) | &nbsp;&nbsp; (184990)  |
| Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp; (1633) | &nbsp;&nbsp; 2558913 | &nbsp;&nbsp; (62045) | &nbsp;&nbsp; 127557  |
| **NET REALIZED AND UNREALIZED GAIN** <br>&nbsp;&nbsp;&nbsp;&nbsp;(LOSS) | &nbsp;&nbsp; 1697007 | &nbsp;&nbsp; 5000801 | &nbsp;&nbsp; 3816181 | &nbsp;&nbsp; 1538191  |
|  **INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS** | &nbsp;&nbsp; $1559123 | &nbsp;&nbsp; $4391135 | &nbsp;&nbsp; $3677862 | &nbsp;&nbsp; $1429588 |

---

The accompanying notes are an integral part of the financial statements.

73<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Operations (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S.** <br>**Equity Buffer15** <br>**ETF** | **AllianzIM U.S.** <br>**Equity Buffer100** <br>**Protection ETF** | **AllianzIM** <br>**Buffer20** <br>**Allocation ETF** | **AllianzIM** <br>**Buffer15** <br>**Uncapped** <br>**Allocation ETF**  |
|  | **For the Period** <br>**Ended** <br>**October 31,** <br>**2025\*** | **For the Period** <br>**Ended** <br>**October 31,** <br>**2025\*** | **For the Period** <br>**Ended** <br>**October 31,** <br>**2025\*\*** | **For the Period** <br>**Ended** <br>**October 31,** <br>**2025\*\*\***  |
| **INVESTMENT INCOME:**<br>|  |  |  |  |
| Interest income | &nbsp;&nbsp; $910 | &nbsp;&nbsp;&nbsp; $1853 | $465 | $399  |
| Total Investment Income | &nbsp;&nbsp; 910 | &nbsp;&nbsp;&nbsp; 1853 | 465 | 399  |
| **EXPENSES:**<br>|  |  |  |  |
| Management fees | &nbsp;&nbsp; 20069 | &nbsp;&nbsp;&nbsp; 40438 | 25760 | 26574  |
| Total Expenses | &nbsp;&nbsp; 20069 | &nbsp;&nbsp;&nbsp; 40438 | 25760 | 26574  |
| Management fees waiver | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | (12880) | (13287)  |
| Net Expenses | &nbsp;&nbsp; 20069 | &nbsp;&nbsp;&nbsp; 40438 | 12880 | 13287  |
| **NET INVESTMENT INCOME (LOSS)** | &nbsp;&nbsp; (19159) | &nbsp;&nbsp;&nbsp; (38585) | (12415) | (12888)  |
|  **REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:**<br>|  |  |  |  |
| Net realized gain (loss) on:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Redemptions In-Kind - Affiliated | &nbsp;&nbsp; — | &nbsp;&nbsp; — | 130684 | 414437  |
| &nbsp;&nbsp;&nbsp; Redemptions In-Kind - Unaffiliated | &nbsp;&nbsp; 386063 | &nbsp;&nbsp;&nbsp; 923066 |  |  |
| &nbsp;&nbsp;&nbsp; Option contracts purchased | &nbsp;&nbsp; 7755 | &nbsp;&nbsp;&nbsp; 108110 |  | —  |
| &nbsp;&nbsp;&nbsp; Option contracts written | &nbsp;&nbsp; (213248) | &nbsp;&nbsp;&nbsp; (602895) |  | —  |
| Net realized gain (loss) | &nbsp;&nbsp; 180570 | &nbsp;&nbsp;&nbsp; 428281 | 130684 | 414437  |
| Net change in unrealized appreciation (depreciation) on:<br>|  |  |  |  |
| Affiliated Exchange-Traded Funds | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | 2844557 | 6205272  |
| &nbsp;&nbsp;&nbsp; Options contracts purchased | &nbsp;&nbsp; 297944 | &nbsp;&nbsp;&nbsp; 314437 |  | —  |
| &nbsp;&nbsp;&nbsp; Options contracts written | &nbsp;&nbsp; (124834) | &nbsp;&nbsp;&nbsp; (148492) |  | —  |
| Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp; 173110 | &nbsp;&nbsp;&nbsp; 165945 | 2844557 | 6205272  |
| **NET REALIZED AND UNREALIZED GAIN (LOSS)** | &nbsp;&nbsp; 353680 | &nbsp;&nbsp;&nbsp; 594226 | 2975241 | 6619709  |
|  **INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS** | &nbsp;&nbsp; $334521 | &nbsp;&nbsp;&nbsp; $555641 | $2962826 | $6606821 |

---

\* The Fund commenced operations on June 30, 2025.

\*\* The Fund commenced operations on January 7, 2025.

\*\*\* The Fund commenced operations on March 5, 2025.

The accompanying notes are an integral part of the financial statements.

74<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Operations (continued)** 

---

| | |
|:---|:---|
|  | **AllianzIM 6 Month** <br>**Buffer10** <br>**Allocation ETF**  |
|  | **For the Period** <br>**Ended** <br>**October 31, 2025\***  |
| **INVESTMENT INCOME:**<br>|  |
| Interest income | &nbsp;&nbsp;&nbsp;&nbsp; $380  |
| Total Investment Income | &nbsp;&nbsp;&nbsp;&nbsp; 380  |
| **EXPENSES:**<br>|  |
| Management fees | &nbsp;&nbsp;&nbsp;&nbsp; 22345  |
| Total Expenses | &nbsp;&nbsp;&nbsp;&nbsp; 22345  |
| Management fees waiver | &nbsp;&nbsp;&nbsp;&nbsp; (11173)  |
| Net Expenses | &nbsp;&nbsp;&nbsp;&nbsp; 11172  |
| **NET INVESTMENT INCOME (LOSS)** | &nbsp;&nbsp;&nbsp;&nbsp; (10792)  |
| **REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:**<br>|  |
| Net realized gain (loss) on:<br>|  |
| &nbsp;&nbsp;&nbsp; Redemptions In-Kind - Affiliated | &nbsp;&nbsp;&nbsp;&nbsp; 75417  |
| Net realized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp; 75417  |
| Net change in unrealized appreciation (depreciation) on:<br>|  |
| &nbsp;&nbsp;&nbsp; Affiliated Exchange-Traded Funds | &nbsp;&nbsp;&nbsp;&nbsp; 2439584  |
| Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp; 2439584  |
| **NET REALIZED AND UNREALIZED GAIN (LOSS)** | &nbsp;&nbsp;&nbsp;&nbsp; 2515001  |
| **INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS** | &nbsp;&nbsp;&nbsp;&nbsp; $2504209 |

---

\* The Fund commenced operations on January 7, 2025.

The accompanying notes are an integral part of the financial statements.

75<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Changes in Net Assets** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity** <br>**Buffer10 Jan ETF** | **AllianzIM U.S. Equity** <br>**Buffer10 Jan ETF** | **AllianzIM U.S. Equity** <br>**Buffer10 Feb ETF**  | **AllianzIM U.S. Equity** <br>**Buffer10 Feb ETF**  |
|  | **For the Year Ended**<br>**October 31, 2025** | **For the Year Ended**<br>**October 31, 2024** | **For the Year Ended**<br>**October 31, 2025** | **For the Year Ended**<br>**October 31, 2024**  |
| **OPERATIONS:**<br>|  |  |  |  |
| Net investment income (loss) | $(857974) | $(540443) | $(498290) | $(379897)  |
| Net realized gain (loss) | 12504780 | 14182733 | 3765509 | 10172525  |
| Net change in unrealized appreciation (depreciation) | 3263428 | 2007048 | 11343416 | 1754672  |
|  Net increase (decrease) in net assets resulting from operations | 14910234 | 15649338 | 14610635 | 11547300  |
| **DISTRIBUTIONS TO SHAREHOLDERS**<br>|  |  |  |  |
| Distributions from distributable earnings |  |  |  | (100657)  |
| **CAPITAL TRANSACTIONS:**<br>|  |  |  |  |
| Proceeds from Shares issued | 161383002 | 284566594 | 96800617 | 130701868  |
| Cost of Shares redeemed | (168845080) | (277336685) | (34865977) | (145623705)  |
|  Net increase (decrease) in net assets from capital transactions | (7462078) | 7229909 | 61934640 | (14921837)  |
| Total increase (decrease) in net assets | 7448156 | 22879247 | 76545275 | (3475194)  |
| **NET ASSETS**<br>|  |  |  |  |
| Beginning of Year | 44868105 | 21988858 | 25540732 | 29015926  |
| End of Year | $52316261 | $44868105 | $102086007 | $25540732  |
| **CHANGES IN SHARES OUTSTANDING**<br>|  |  |  |  |
| Shares issued | 4475000 | 9025000 | 2975000 | 4425000  |
| Shares redeemed | (4450000) | (8550000) | (1025000) | (4775000)  |
| Net increase (decrease) in Shares outstanding | 25000 | 475000 | 1950000 | (350000)  |
| Shares outstanding, Beginning of Year | 1275000 | 800000 | 775000 | 1125000  |
| Shares outstanding, End of Year | 1300000 | 1275000 | 2725000 | 775000 |

---

The accompanying notes are an integral part of the financial statements.

76<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Changes in Net Assets (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity** <br>**Buffer10 Mar ETF** | **AllianzIM U.S. Equity** <br>**Buffer10 Mar ETF** | **AllianzIM U.S. Equity** <br>**Buffer10 Apr ETF**  | **AllianzIM U.S. Equity** <br>**Buffer10 Apr ETF**  |
|  | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Year** <br>**Ended**<br>**October 31, 2024** | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Year** <br>**Ended**<br>**October 31, 2024**  |
| **OPERATIONS:**<br>|  |  |  |  |
| Net investment income (loss) | $(195689) | $(394671) | $(316518) | $(440808)  |
| Net realized gain (loss) | 4254548 | 5822818 | 3567160 | 9175035  |
| Net change in unrealized appreciation (depreciation) | 199587 | 2137450 | 1072349 | 2148663  |
|  Net increase (decrease) in net assets resulting from operations | 4258446 | 7565597 | 4322991 | 10882890  |
| **CAPITAL TRANSACTIONS:**<br>|  |  |  |  |
| Proceeds from Shares issued | 27627798 | 117182695 | 43309479 | 113690343  |
| Cost of Shares redeemed | (38061725) | (99843418) | (54576667) | (104665450)  |
|  Net increase (decrease) in net assets from capital transactions | (10433927) | 17339277 | (11267188) | 9024893  |
| Total increase (decrease) in net assets | (6175481) | 24904874 | (6944197) | 19907783  |
| **NET ASSETS**<br>|  |  |  |  |
| Beginning of Year | 32816595 | 7911721 | 47927905 | 28020122  |
| End of Year | $26641114 | $32816595 | $40983708 | $47927905  |
| **CHANGES IN SHARES OUTSTANDING**<br>|  |  |  |  |
| Shares issued | 800000 | 3900000 | 1175000 | 3275000  |
| Shares redeemed | (1100000) | (3200000) | (1450000) | (2925000)  |
| Net increase (decrease) in Shares outstanding | (300000) | 700000 | (275000) | 350000  |
| Shares outstanding, Beginning of Year | 1000000 | 300000 | 1275000 | 925000  |
| Shares outstanding, End of Year | 700000 | 1000000 | 1000000 | 1275000 |

---

The accompanying notes are an integral part of the financial statements.

77<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Changes in Net Assets (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity** <br>**Buffer10 May ETF** | **AllianzIM U.S. Equity** <br>**Buffer10 May ETF** | **AllianzIM U.S. Equity** <br>**Buffer10 Jun ETF**  | **AllianzIM U.S. Equity** <br>**Buffer10 Jun ETF**  |
|  | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Year** <br>**Ended**<br>**October 31, 2024** | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Year** <br>**Ended**<br>**October 31, 2024**  |
| **OPERATIONS:**<br>|  |  |  |  |
| Net investment income (loss) | &nbsp;&nbsp; $(121378) | $(162363) | $(136966) | $(161857)  |
| Net realized gain (loss) | &nbsp;&nbsp; (201430) | 8740163 | 1372225 | 5235139  |
| Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp; 2388861 | (1373061) | 1191607 | 580965  |
|  Net increase (decrease) in net assets resulting from operations | &nbsp;&nbsp; 2066053 | 7204739 | 2426866 | 5654247  |
| **CAPITAL TRANSACTIONS:**<br>|  |  |  |  |
| Proceeds from Shares issued | &nbsp;&nbsp; 3309824 | 59747891 | 25543563 | 50326277  |
| Cost of Shares redeemed | &nbsp;&nbsp; (3329937) | (93048145) | (22251385) | (69249987)  |
|  Net increase (decrease) in net assets from capital transactions | &nbsp;&nbsp; (20113) | (33300254) | 3292178 | (18923710)  |
| Total increase (decrease) in net assets | &nbsp;&nbsp; 2045940 | (26095515) | 5719044 | (13269463)  |
| **NET ASSETS**<br>|  |  |  |  |
| Beginning of Year | &nbsp;&nbsp; 17037627 | 43133142 | 15770449 | 29039912  |
| End of Year | &nbsp;&nbsp; $19083567 | $17037627 | $21489493 | $15770449  |
| **CHANGES IN SHARES OUTSTANDING**<br>|  |  |  |  |
| Shares issued | &nbsp;&nbsp; 100000 | 2000000 | 775000 | 1700000  |
| Shares redeemed | &nbsp;&nbsp; (100000) | (3175000) | (675000) | (2350000)  |
| Net increase (decrease) in Shares outstanding | &nbsp;&nbsp; — | (1175000) | 100000 | (650000)  |
| Shares outstanding, Beginning of Year | &nbsp;&nbsp; 525000 | 1700000 | 500000 | 1150000  |
| Shares outstanding, End of Year | &nbsp;&nbsp; 525000 | 525000 | 600000 | 500000 |

---

The accompanying notes are an integral part of the financial statements.

78<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Changes in Net Assets (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity** <br>**Buffer10 Jul ETF** | **AllianzIM U.S. Equity** <br>**Buffer10 Jul ETF** | **AllianzIM U.S. Equity** <br>**Buffer10 Aug ETF**  | **AllianzIM U.S. Equity** <br>**Buffer10 Aug ETF**  |
|  | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Year** <br>**Ended**<br>**October 31, 2024** | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Year** <br>**Ended**<br>**October 31, 2024**  |
| **OPERATIONS:**<br>|  |  |  |  |
| Net investment income (loss) | $(511652) | $(515579) | $(350029) | $(598229)  |
| Net realized gain (loss) | 10944271 | 14610759 | 9493886 | 15564461  |
| Net change in unrealized appreciation (depreciation) | 3067491 | 5114023 | (2028725) | 6228811  |
|  Net increase (decrease) in net assets resulting from operations | 13500110 | 19209203 | 7115132 | 21195043  |
| **CAPITAL TRANSACTIONS:**<br>|  |  |  |  |
| Proceeds from Shares issued | 150145852 | 224473788 | 40109361 | 292634049  |
| Cost of Shares redeemed | (141090695) | (270995837) | (133943777) | (246021968)  |
|  Net increase (decrease) in net assets from capital transactions | 9055157 | (46522049) | (93834416) | 46612081  |
| Total increase (decrease) in net assets | 22555267 | (27312846) | (86719284) | 67807124  |
| **NET ASSETS**<br>|  |  |  |  |
| Beginning of Year | 61586811 | 88899657 | 123703263 | 55896139  |
| End of Year | $84142078 | $61586811 | $36983979 | $123703263  |
| **CHANGES IN SHARES OUTSTANDING**<br>|  |  |  |  |
| Shares issued | 3875000 | 6225000 | 1200000 | 10275000  |
| Shares redeemed | (3575000) | (7550000) | (4225000) | (8575000)  |
| Net increase (decrease) in Shares outstanding | 300000 | (1325000) | (3025000) | 1700000  |
| Shares outstanding, Beginning of Year | 1600000 | 2925000 | 4075000 | 2375000  |
| Shares outstanding, End of Year | 1900000 | 1600000 | 1050000 | 4075000 |

---

The accompanying notes are an integral part of the financial statements.

79<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Changes in Net Assets (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity** <br>**Buffer10 Sep ETF** | **AllianzIM U.S. Equity** <br>**Buffer10 Sep ETF** | **AllianzIM U.S. Equity** <br>**Buffer10 Oct ETF**  | **AllianzIM U.S. Equity** <br>**Buffer10 Oct ETF**  |
|  | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Year** <br>**Ended**<br>**October 31, 2024** | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Year** <br>**Ended**<br>**October 31, 2024**  |
| **OPERATIONS:**<br>|  |  |  |  |
| Net investment income (loss) | $(277516) | $(197489) | $(846004) | $(336756)  |
| Net realized gain (loss) | 6734904 | 3780425 | 14744001 | 7082989  |
| Net change in unrealized appreciation (depreciation) | 2087875 | 1728560 | 817866 | 448279  |
|  Net increase (decrease) in net assets resulting from operations | 8545263 | 5311496 | 14715863 | 7194512  |
| **CAPITAL TRANSACTIONS:**<br>|  |  |  |  |
| Proceeds from Shares issued | 106786305 | 128515120 | 94796294 | 177738047  |
| Cost of Shares redeemed | (107845620) | (53552852) | (183803950) | (89048507)  |
|  Net increase (decrease) in net assets from capital transactions | (1059315) | 74962268 | (89007656) | 88689540  |
| Total increase (decrease) in net assets | 7485948 | 80273764 | (74291793) | 95884052  |
| **NET ASSETS**<br>|  |  |  |  |
| Beginning of Year | 93350989 | 13077225 | 132487250 | 36603198  |
| End of Year | $100836937 | $93350989 | $58195457 | $132487250  |
| **CHANGES IN SHARES OUTSTANDING**<br>|  |  |  |  |
| Shares issued | 3200000 | 4475000 | 2325000 | 4825000  |
| Shares redeemed | (3425000) | (1900000) | (4525000) | (2450000)  |
| Net increase (decrease) in Shares outstanding | (225000) | 2575000 | (2200000) | 2375000  |
| Shares outstanding, Beginning of Year | 3125000 | 550000 | 3550000 | 1175000  |
| Shares outstanding, End of Year | 2900000 | 3125000 | 1350000 | 3550000 |

---

The accompanying notes are an integral part of the financial statements.

80<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Changes in Net Assets (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity** <br>**Buffer10 Nov ETF** | **AllianzIM U.S. Equity** <br>**Buffer10 Nov ETF** | **AllianzIM U.S. Equity** <br>**Buffer10 Dec ETF**  | **AllianzIM U.S. Equity** <br>**Buffer10 Dec ETF**  |
|  | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Year** <br>**Ended**<br>**October 31, 2024** | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Year** <br>**Ended**<br>**October 31, 2024**  |
| **OPERATIONS:**<br>|  |  |  |  |
| Net investment income (loss) | $(253170) | $(78562) | $(722924) | $(232022)  |
| Net realized gain (loss) | 4885080 | 1971306 | (797040) | 8790524  |
| Net change in unrealized appreciation (depreciation) | 3002 | (3911) | 12570079 | (1197429)  |
|  Net increase (decrease) in net assets resulting from operations | 4634912 | 1888833 | 11050115 | 7361073  |
| **DISTRIBUTIONS TO SHAREHOLDERS**<br>|  |  |  |  |
| Distributions from distributable earnings |  |  |  | (242065)  |
| **CAPITAL TRANSACTIONS:**<br>|  |  |  |  |
| Proceeds from Shares issued | 29659152 | 57376800 | 132630196 | 128451474  |
| Cost of Shares redeemed | (42216695) | (41539607) | (44166437) | (137986062)  |
|  Net increase (decrease) in net assets from capital transactions | (12557543) | 15837193 | 88463759 | (9534588)  |
| Total increase (decrease) in net assets | (7922631) | 17726026 | 99513874 | (2415580)  |
| **NET ASSETS**<br>|  |  |  |  |
| Beginning of Year | 27122046 | 9396020 | 16816051 | 19231631  |
| End of Year | $19199415 | $27122046 | $116329925 | $16816051  |
| **CHANGES IN SHARES OUTSTANDING**<br>|  |  |  |  |
| Shares issued | 850000 | 1850000 | 4075000 | 4450000  |
| Shares redeemed | (1175000) | (1350000) | (1375000) | (4675000)  |
| Net increase (decrease) in Shares outstanding | (325000) | 500000 | 2700000 | (225000)  |
| Shares outstanding, Beginning of Year | 850000 | 350000 | 525000 | 750000  |
| Shares outstanding, End of Year | 525000 | 850000 | 3225000 | 525000 |

---

The accompanying notes are an integral part of the financial statements.

81<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Changes in Net Assets (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity** <br>**Buffer20 Jan ETF** | **AllianzIM U.S. Equity** <br>**Buffer20 Jan ETF** | **AllianzIM U.S. Equity** <br>**Buffer20 Feb ETF**  | **AllianzIM U.S. Equity** <br>**Buffer20 Feb ETF**  |
|  | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Year** <br>**Ended**<br>**October 31, 2024** | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Year** <br>**Ended**<br>**October 31, 2024**  |
| **OPERATIONS:**<br>|  |  |  |  |
| Net investment income (loss) | $(2837680) | $(1963291) | $(661543) | $(820684)  |
| Net realized gain (loss) | 19744701 | 42625116 | 5384731 | 13936745  |
| Net change in unrealized appreciation (depreciation) | 21354807 | (5808324) | 4097991 | 2405342  |
|  Net increase (decrease) in net assets resulting from operations | 38261828 | 34853501 | 8821179 | 15521403  |
| **DISTRIBUTIONS TO SHAREHOLDERS**<br>|  |  |  |  |
| Distributions from distributable earnings |  |  |  | (74492)  |
| **CAPITAL TRANSACTIONS:**<br>|  |  |  |  |
| Proceeds from Shares issued | 531509521 | 806682098 | 105811095 | 266023638  |
| Cost of Shares redeemed | (480357167) | (739898635) | (78122488) | (265032795)  |
|  Net increase (decrease) in net assets from capital transactions | 51152354 | 66783463 | 27688607 | 990843  |
| Total increase (decrease) in net assets | 89414182 | 101636964 | 36509786 | 16437754  |
| **NET ASSETS**<br>|  |  |  |  |
| Beginning of Year | 199340432 | 97703468 | 66215559 | 49777805  |
| End of Year | $288754614 | $199340432 | $102725345 | $66215559  |
| **CHANGES IN SHARES OUTSTANDING**<br>|  |  |  |  |
| Shares issued | 15825000 | 26300000 | 3400000 | 9425000  |
| Shares redeemed | (13925000) | (23700000) | (2500000) | (9175000)  |
| Net increase (decrease) in Shares outstanding | 1900000 | 2600000 | 900000 | 250000  |
| Shares outstanding, Beginning of Year | 6025000 | 3425000 | 2175000 | 1925000  |
| Shares outstanding, End of Year | 7925000 | 6025000 | 3075000 | 2175000 |

---

The accompanying notes are an integral part of the financial statements.

82<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Changes in Net Assets (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity** <br>**Buffer20 Mar ETF** | **AllianzIM U.S. Equity** <br>**Buffer20 Mar ETF** | **AllianzIM U.S. Equity** <br>**Buffer20 Apr ETF**  | **AllianzIM U.S. Equity** <br>**Buffer20 Apr ETF**  |
|  | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Year** <br>**Ended**<br>**October 31, 2024** | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Year** <br>**Ended**<br>**October 31, 2024**  |
| **OPERATIONS:**<br>|  |  |  |  |
| Net investment income (loss) | $(513485) | $(867643) | $(1237461) | $(1428234)  |
| Net realized gain (loss) | 8386633 | 12272128 | 12204654 | 22583342  |
| Net change in unrealized appreciation (depreciation) | 310224 | 2534177 | 1149925 | 6069558  |
|  Net increase (decrease) in net assets resulting from operations | 8183372 | 13938662 | 12117118 | 27224666  |
| **CAPITAL TRANSACTIONS:**<br>|  |  |  |  |
| Proceeds from Shares issued | 83250964 | 272571044 | 175659635 | 343829232  |
| Cost of Shares redeemed | (93710945) | (241355757) | (194498380) | (323930542)  |
|  Net increase (decrease) in net assets from capital transactions | (10459981) | 31215287 | (18838745) | 19898690  |
| Total increase (decrease) in net assets | (2276609) | 45153949 | (6721627) | 47123356  |
| **NET ASSETS**<br>|  |  |  |  |
| Beginning of Year | 70792541 | 25638592 | 176290430 | 129167074  |
| End of Year | $68515932 | $70792541 | $169568803 | $176290430  |
| **CHANGES IN SHARES OUTSTANDING**<br>|  |  |  |  |
| Shares issued | 2650000 | 9600000 | 5475000 | 11425000  |
| Shares redeemed | (2950000) | (8250000) | (6025000) | (10600000)  |
| Net increase (decrease) in Shares outstanding | (300000) | 1350000 | (550000) | 825000  |
| Shares outstanding, Beginning of Year | 2325000 | 975000 | 5479000 | 4654000  |
| Shares outstanding, End of Year | 2025000 | 2325000 | 4929000 | 5479000 |

---

The accompanying notes are an integral part of the financial statements.

83<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Changes in Net Assets (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity** <br>**Buffer20 May ETF** | **AllianzIM U.S. Equity** <br>**Buffer20 May ETF** | **AllianzIM U.S. Equity** <br>**Buffer20 Jun ETF**  | **AllianzIM U.S. Equity** <br>**Buffer20 Jun ETF**  |
|  | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Year** <br>**Ended**<br>**October 31, 2024** | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Year** <br>**Ended**<br>**October 31, 2024**  |
| **OPERATIONS:**<br>|  |  |  |  |
| Net investment income (loss) | $(468981) | $(398237) | $(535339) | $(651629)  |
| Net realized gain (loss) | 7624232 | 9471412 | 2227670 | 11899250  |
| Net change in unrealized appreciation (depreciation) | 1389689 | 1414895 | 1866781 | 1301664  |
|  Net increase (decrease) in net assets resulting from operations | 8544940 | 10488070 | 3559112 | 12549285  |
| **CAPITAL TRANSACTIONS:**<br>|  |  |  |  |
| Proceeds from Shares issued | 81996377 | 96646864 | 111055624 | 268692933  |
| Cost of Shares redeemed | (75902212) | (131270732) | (103491409) | (296056759)  |
|  Net increase (decrease) in net assets from capital transactions | 6094165 | (34623868) | 7564215 | (27363826)  |
| Total increase (decrease) in net assets | 14639105 | (24135798) | 11123327 | (14814541)  |
| **NET ASSETS**<br>|  |  |  |  |
| Beginning of Year | 54050101 | 78185899 | 52343670 | 67158211  |
| End of Year | $68689206 | $54050101 | $63466997 | $52343670  |
| **CHANGES IN SHARES OUTSTANDING**<br>|  |  |  |  |
| Shares issued | 2750000 | 3475000 | 3625000 | 9525000  |
| Shares redeemed | (2475000) | (4750000) | (3475000) | (10400000)  |
| Net increase (decrease) in Shares outstanding | 275000 | (1275000) | 150000 | (875000)  |
| Shares outstanding, Beginning of Year | 1800000 | 3075000 | 1775000 | 2650000  |
| Shares outstanding, End of Year | 2075000 | 1800000 | 1925000 | 1775000 |

---

The accompanying notes are an integral part of the financial statements.

84<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Changes in Net Assets (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity** <br>**Buffer20 Jul ETF** | **AllianzIM U.S. Equity** <br>**Buffer20 Jul ETF** | **AllianzIM U.S. Equity** <br>**Buffer20 Aug ETF**  | **AllianzIM U.S. Equity** <br>**Buffer20 Aug ETF**  |
|  | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Year** <br>**Ended**<br>**October 31, 2024** | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Year** <br>**Ended**<br>**October 31, 2024**  |
| **OPERATIONS:**<br>|  |  |  |  |
| Net investment income (loss) | $(1663068) | $(1527300) | $(1168539) | $(1295647)  |
| Net realized gain (loss) | 24799066 | 28895039 | 25837767 | 22071627  |
| Net change in unrealized appreciation (depreciation) | 5773227 | 10031389 | (3350650) | 12074223  |
|  Net increase (decrease) in net assets resulting from operations | 28909225 | 37399128 | 21318578 | 32850203  |
| **CAPITAL TRANSACTIONS:**<br>|  |  |  |  |
| Proceeds from Shares issued | 354038564 | 482276640 | 233381595 | 557346687  |
| Cost of Shares redeemed | (275301807) | (532312858) | (452946412) | (396518287)  |
|  Net increase (decrease) in net assets from capital transactions | 78736757 | (50036218) | (219564817) | 160828400  |
| Total increase (decrease) in net assets | 107645982 | (12637090) | (198246239) | 193678603  |
| **NET ASSETS**<br>|  |  |  |  |
| Beginning of Year | 199632306 | 212269396 | 349362901 | 155684298  |
| End of Year | $307278288 | $199632306 | $151116662 | $349362901  |
| **CHANGES IN SHARES OUTSTANDING**<br>|  |  |  |  |
| Shares issued | 9725000 | 14700000 | 7725000 | 20275000  |
| Shares redeemed | (7575000) | (16200000) | (15175000) | (14600000)  |
| Net increase (decrease) in Shares outstanding | 2150000 | (1500000) | (7450000) | 5675000  |
| Shares outstanding, Beginning of Year | 5800000 | 7300000 | 12150000 | 6475000  |
| Shares outstanding, End of Year | 7950000 | 5800000 | 4700000 | 12150000 |

---

The accompanying notes are an integral part of the financial statements.

85<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Changes in Net Assets (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity** <br>**Buffer20 Sep ETF** | **AllianzIM U.S. Equity** <br>**Buffer20 Sep ETF** | **AllianzIM U.S. Equity** <br>**Buffer20 Oct ETF**  | **AllianzIM U.S. Equity** <br>**Buffer20 Oct ETF**  |
|  | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Year** <br>**Ended**<br>**October 31, 2024** | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Year** <br>**Ended**<br>**October 31, 2024**  |
| **OPERATIONS:**<br>|  |  |  |  |
| Net investment income (loss) | $(961317) | $(534045) | $(2567733) | $(1039433)  |
| Net realized gain (loss) | 14789048 | 6305573 | 28715802 | 17413976  |
| Net change in unrealized appreciation (depreciation) | 2455473 | 4353794 | 2837108 | 512842  |
|  Net increase (decrease) in net assets resulting from operations | 16283204 | 10125322 | 28985177 | 16887385  |
| **CAPITAL TRANSACTIONS:**<br>|  |  |  |  |
| Proceeds from Shares issued | 308607237 | 322938970 | 521053358 | 448293652  |
| Cost of Shares redeemed | (296943240) | (100382573) | (532603155) | (283586127)  |
|  Net increase (decrease) in net assets from capital transactions | 11663997 | 222556397 | (11549797) | 164707525  |
| Total increase (decrease) in net assets | 27947201 | 232681719 | 17435380 | 181594910  |
| **NET ASSETS**<br>|  |  |  |  |
| Beginning of Year | 264159177 | 31477458 | 310814357 | 129219447  |
| End of Year | $292106378 | $264159177 | $328249737 | $310814357  |
| **CHANGES IN SHARES OUTSTANDING**<br>|  |  |  |  |
| Shares issued | 10025000 | 11650000 | 13925000 | 13025000  |
| Shares redeemed | (10075000) | (3650000) | (14325000) | (8325000)  |
| Net increase (decrease) in Shares outstanding | (50000) | 8000000 | (400000) | 4700000  |
| Shares outstanding, Beginning of Year | 9300000 | 1300000 | 8900000 | 4200000  |
| Shares outstanding, End of Year | 9250000 | 9300000 | 8500000 | 8900000 |

---

The accompanying notes are an integral part of the financial statements.

86<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Changes in Net Assets (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity** <br>**Buffer20 Nov ETF** | **AllianzIM U.S. Equity** <br>**Buffer20 Nov ETF** | **AllianzIM U.S. Equity** <br>**Buffer20 Dec ETF**  | **AllianzIM U.S. Equity** <br>**Buffer20 Dec ETF**  |
|  | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Year** <br>**Ended**<br>**October 31, 2024** | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Year** <br>**Ended**<br>**October 31, 2024**  |
| **OPERATIONS:**<br>|  |  |  |  |
| Net investment income (loss) | $(493957) | $(232515) | $(2592771) | $(607811)  |
| Net realized gain (loss) | 7215250 | 4134831 | 3893493 | 14987384  |
| Net change in unrealized appreciation (depreciation) | (4682) | (1294) | 31154013 | 979377  |
|  Net increase (decrease) in net assets resulting from operations | 6716611 | 3901022 | 32454735 | 15358950  |
| **DISTRIBUTIONS TO SHAREHOLDERS**<br>|  |  |  |  |
| Distributions from distributable earnings |  |  |  | (1319661)  |
| **CAPITAL TRANSACTIONS:**<br>|  |  |  |  |
| Proceeds from Shares issued | 104428195 | 78249749 | 425293140 | 209376279  |
| Cost of Shares redeemed | (84485925) | (70463052) | (143674642) | (227028578)  |
|  Net increase (decrease) in net assets from capital transactions | 19942270 | 7786697 | 281618498 | (17652299)  |
| Total increase (decrease) in net assets | 26658881 | 11687719 | 314073233 | (3613010)  |
| **NET ASSETS**<br>|  |  |  |  |
| Beginning of Year | 31156266 | 19468547 | 70800305 | 74413315  |
| End of Year | $57815147 | $31156266 | $384873538 | $70800305  |
| **CHANGES IN SHARES OUTSTANDING**<br>|  |  |  |  |
| Shares issued | 3250000 | 2700000 | 13875000 | 7475000  |
| Shares redeemed | (2550000) | (2400000) | (4675000) | (8050000)  |
| Net increase (decrease) in Shares outstanding | 700000 | 300000 | 9200000 | (575000)  |
| Shares outstanding, Beginning of Year | 1025000 | 725000 | 2325000 | 2900000  |
| Shares outstanding, End of Year | 1725000 | 1025000 | 11525000 | 2325000 |

---

The accompanying notes are an integral part of the financial statements.

87<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Changes in Net Assets (continued)** 

---

| | | | |
|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity Buffer15 Uncapped** <br>**Jan ETF** | **AllianzIM U.S. Equity Buffer15 Uncapped** <br>**Feb ETF** | **AllianzIM U.S. Equity Buffer15 Uncapped** <br>**Mar ETF**  |
|  | **For the Period Ended**<br>**October 31, 2025\*** | **For the Period Ended**<br>**October 31, 2025\*\*** | **For the Period Ended**<br>**October 31, 2025\*\*\***  |
| **OPERATIONS:**<br>|  |  |  |
| Net investment income (loss) | &nbsp;&nbsp;&nbsp; $(409389) | &nbsp;&nbsp;&nbsp; $(244681) | &nbsp;&nbsp;&nbsp;&nbsp; $(90690)  |
| Net realized gain (loss) | &nbsp;&nbsp;&nbsp; 612953 | &nbsp;&nbsp;&nbsp; 1353090 | &nbsp;&nbsp;&nbsp;&nbsp; (7218)  |
| Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp; 8527565 | &nbsp;&nbsp;&nbsp; 4367403 | &nbsp;&nbsp;&nbsp;&nbsp; 2543869  |
| &nbsp;&nbsp;&nbsp; Net increase (decrease) in net assets resulting from <br>operations | &nbsp;&nbsp;&nbsp; 8731129 | &nbsp;&nbsp;&nbsp; 5475812 | &nbsp;&nbsp;&nbsp;&nbsp; 2445961  |
| **CAPITAL TRANSACTIONS:**<br>|  |  |  |
| Proceeds from Shares issued | &nbsp;&nbsp;&nbsp; 80437415 | &nbsp;&nbsp;&nbsp; 56120442 | &nbsp;&nbsp;&nbsp;&nbsp; 21868512  |
| Cost of Shares redeemed | &nbsp;&nbsp;&nbsp; (11617333) | &nbsp;&nbsp;&nbsp; (14295420) | &nbsp;&nbsp;&nbsp;&nbsp; (593333)  |
| Net increase (decrease) in net assets from capital transactions | &nbsp;&nbsp;&nbsp; 68820082 | &nbsp;&nbsp;&nbsp; 41825022 | &nbsp;&nbsp;&nbsp;&nbsp; 21275179  |
| Total increase (decrease) in net assets | &nbsp;&nbsp;&nbsp; 77551211 | &nbsp;&nbsp;&nbsp; 47300834 | &nbsp;&nbsp;&nbsp;&nbsp; 23721140  |
| **NET ASSETS**<br>|  |  |  |
| Beginning of Period | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; —  |
| End of Period | &nbsp;&nbsp;&nbsp; $77551211 | &nbsp;&nbsp;&nbsp; $47300834 | &nbsp;&nbsp;&nbsp;&nbsp; $23721140  |
| **CHANGES IN SHARES OUTSTANDING**<br>|  |  |  |
| Shares issued | &nbsp;&nbsp;&nbsp; 3200000 | &nbsp;&nbsp;&nbsp; 2250000 | &nbsp;&nbsp;&nbsp;&nbsp; 875000  |
| Shares redeemed | &nbsp;&nbsp;&nbsp; (450000) | &nbsp;&nbsp;&nbsp; (550000) | &nbsp;&nbsp;&nbsp;&nbsp; (25000)  |
| Net increase (decrease) in Shares outstanding | &nbsp;&nbsp;&nbsp; 2750000 | &nbsp;&nbsp;&nbsp; 1700000 | &nbsp;&nbsp;&nbsp;&nbsp; 850000  |
| Shares outstanding, Beginning of Period | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; —  |
| Shares outstanding, End of Period | &nbsp;&nbsp;&nbsp; 2750000 | &nbsp;&nbsp;&nbsp; 1700000 | &nbsp;&nbsp;&nbsp;&nbsp; 850000 |

---

\* The Fund commenced operations on December 31, 2024.

\*\* The Fund commenced operations on January 31, 2025.

\*\*\* The Fund commenced operations on February 28, 2025.

The accompanying notes are an integral part of the financial statements.

88<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Changes in Net Assets (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity** <br>**Buffer15 Uncapped Apr ETF** | **AllianzIM U.S. Equity** <br>**Buffer15 Uncapped Apr ETF** | **AllianzIM U.S. Equity** <br>**Buffer15 Uncapped May ETF**  | **AllianzIM U.S. Equity** <br>**Buffer15 Uncapped May ETF**  |
|  | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Period Ended**<br>**October 31, 2024\*** | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Period Ended**<br>**October 31, 2024\*\***  |
| **OPERATIONS:**<br>|  |  |  |  |
| Net investment income (loss) | $(263907) | $(91004) | &nbsp;&nbsp; $(141819) | &nbsp;&nbsp; $(51825)  |
| Net realized gain (loss) | (1223836) | 2077665 | &nbsp;&nbsp; (1038058) | &nbsp;&nbsp; 2082131  |
| Net change in unrealized appreciation (depreciation) | 7421235 | (203822) | &nbsp;&nbsp; 4340778 | &nbsp;&nbsp; (682084)  |
|  Net increase (decrease) in net assets resulting from operations | 5933492 | 1782839 | &nbsp;&nbsp; 3160901 | &nbsp;&nbsp; 1348222  |
| **CAPITAL TRANSACTIONS:**<br>|  |  |  |  |
| Proceeds from Shares issued | 74861874 | 47448424 | &nbsp;&nbsp; 7553630 | &nbsp;&nbsp; 43992001  |
| Cost of Shares redeemed | (56809107) | (24535697) | &nbsp;&nbsp; (1478715) | &nbsp;&nbsp; (30065012)  |
|  Net increase (decrease) in net assets from capital transactions | 18052767 | 22912727 | &nbsp;&nbsp; 6074915 | &nbsp;&nbsp; 13926989  |
| Total increase (decrease) in net assets | 23986259 | 24695566 | &nbsp;&nbsp; 9235816 | &nbsp;&nbsp; 15275211  |
| **NET ASSETS**<br>|  |  |  |  |
| Beginning of Year or Period | 24695566 |  | &nbsp;&nbsp; 15275211 | &nbsp;&nbsp; —  |
| End of Year or Period | $48681825 | $24695566 | &nbsp;&nbsp; $24511027 | &nbsp;&nbsp; $15275211  |
| **CHANGES IN SHARES OUTSTANDING**<br>|  |  |  |  |
| Shares issued | 2850000 | 1850000 | &nbsp;&nbsp; 275000 | &nbsp;&nbsp; 1625000  |
| Shares redeemed | (2175000) | (925000) | &nbsp;&nbsp; (50000) | &nbsp;&nbsp; (1075000)  |
| Net increase (decrease) in Shares outstanding | 675000 | 925000 | &nbsp;&nbsp; 225000 | &nbsp;&nbsp; 550000  |
| Shares outstanding, Beginning of Year or Period | 925000 |  | &nbsp;&nbsp; 550000 | &nbsp;&nbsp; —  |
| Shares outstanding, End of Year or Period | 1600000 | 925000 | &nbsp;&nbsp; 775000 | &nbsp;&nbsp; 550000 |

---

\* The Fund commenced operations on March 28, 2024.

\*\* The Fund commenced operations on April 30, 2024.

The accompanying notes are an integral part of the financial statements.

89<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Changes in Net Assets (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity** <br>**Buffer15 Uncapped Jun ETF** | **AllianzIM U.S. Equity** <br>**Buffer15 Uncapped Jun ETF** | **AllianzIM U.S. Equity** <br>**Buffer15 Uncapped Jul ETF**  | **AllianzIM U.S. Equity** <br>**Buffer15 Uncapped Jul ETF**  |
|  | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Period Ended**<br>**October 31, 2024\*** | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Period Ended**<br>**October 31, 2024\*\***  |
| **OPERATIONS:**<br>|  |  |  |  |
| Net investment income (loss) | $(131392) | &nbsp;&nbsp; $(40640) | $(509605) | &nbsp;&nbsp; $(86100)  |
| Net realized gain (loss) | (422582) | &nbsp;&nbsp; 1332954 | 3666722 | &nbsp;&nbsp; 2464594  |
| Net change in unrealized appreciation (depreciation) | 3193006 | &nbsp;&nbsp; (525253) | 9795302 | &nbsp;&nbsp; (1260025)  |
|  Net increase (decrease) in net assets resulting from operations | 2639032 | &nbsp;&nbsp; 767061 | 12952419 | &nbsp;&nbsp; 1118469  |
| **CAPITAL TRANSACTIONS:**<br>|  |  |  |  |
| Proceeds from Shares issued | 28083584 | &nbsp;&nbsp; 41245057 | 195438646 | &nbsp;&nbsp; 92376260  |
| Cost of Shares redeemed | (18759505) | &nbsp;&nbsp; (28025335) | (108760515) | &nbsp;&nbsp; (50033788)  |
|  Net increase (decrease) in net assets from capital transactions | 9324079 | &nbsp;&nbsp; 13219722 | 86678131 | &nbsp;&nbsp; 42342472  |
| Total increase (decrease) in net assets | 11963111 | &nbsp;&nbsp; 13986783 | 99630550 | &nbsp;&nbsp; 43460941  |
| **NET ASSETS**<br>|  |  |  |  |
| Beginning of Year or Period | 13986783 | &nbsp;&nbsp; — | 43460941 | &nbsp;&nbsp; —  |
| End of Year or Period | $25949894 | &nbsp;&nbsp; $13986783 | $143091491 | &nbsp;&nbsp; $43460941  |
| **CHANGES IN SHARES OUTSTANDING**<br>|  |  |  |  |
| Shares issued | 1025000 | &nbsp;&nbsp; 1575000 | 7150000 | &nbsp;&nbsp; 3575000  |
| Shares redeemed | (700000) | &nbsp;&nbsp; (1050000) | (4025000) | &nbsp;&nbsp; (1900000)  |
| Net increase (decrease) in Shares outstanding | 325000 | &nbsp;&nbsp; 525000 | 3125000 | &nbsp;&nbsp; 1675000  |
| Shares outstanding, Beginning of Year or Period | 525000 | &nbsp;&nbsp; — | 1675000 | &nbsp;&nbsp; —  |
| Shares outstanding, End of Year or Period | 850000 | &nbsp;&nbsp; 525000 | 4800000 | &nbsp;&nbsp; 1675000 |

---

\* The Fund commenced operations on May 31, 2024.

\*\* The Fund commenced operations on June 28, 2024.

The accompanying notes are an integral part of the financial statements.

90<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Changes in Net Assets (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity** <br>**Buffer15 Uncapped Aug ETF** | **AllianzIM U.S. Equity** <br>**Buffer15 Uncapped Aug ETF** | **AllianzIM U.S. Equity** <br>**Buffer15 Uncapped Sep ETF**  | **AllianzIM U.S. Equity** <br>**Buffer15 Uncapped Sep ETF**  |
|  | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Period Ended**<br>**October 31, 2024\*** | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Period Ended**<br>**October 31, 2024\*\***  |
| **OPERATIONS:**<br>|  |  |  |  |
| Net investment income (loss) | $(201915) | &nbsp;&nbsp; $(40882) | $(294209) | &nbsp;&nbsp;&nbsp; $(20547)  |
| Net realized gain (loss) | 4310869 | &nbsp;&nbsp; — | 2354344 | &nbsp;&nbsp;&nbsp; 68439  |
| Net change in unrealized appreciation (depreciation) | 792140 | &nbsp;&nbsp; 1014899 | 5374647 | &nbsp;&nbsp;&nbsp; 162734  |
|  Net increase (decrease) in net assets resulting from operations | 4901094 | &nbsp;&nbsp; 974017 | 7434782 | &nbsp;&nbsp;&nbsp; 210626  |
| **CAPITAL TRANSACTIONS:**<br>|  |  |  |  |
| Proceeds from Shares issued | 51361701 | &nbsp;&nbsp; 24694342 | 130737616 | &nbsp;&nbsp;&nbsp; 26198539  |
| Cost of Shares redeemed | (51632890) | &nbsp;&nbsp; — | (31003318) | &nbsp;&nbsp;&nbsp; (3675210)  |
|  Net increase (decrease) in net assets from capital transactions | (271189) | &nbsp;&nbsp; 24694342 | 99734298 | &nbsp;&nbsp;&nbsp; 22523329  |
| Total increase (decrease) in net assets | 4629905 | &nbsp;&nbsp; 25668359 | 107169080 | &nbsp;&nbsp;&nbsp; 22733955  |
| **NET ASSETS**<br>|  |  |  |  |
| Beginning of Year or Period | 25668359 | &nbsp;&nbsp; — | 22733955 | &nbsp;&nbsp;&nbsp; —  |
| End of Year or Period | $30298264 | &nbsp;&nbsp; $25668359 | $129903035 | &nbsp;&nbsp;&nbsp; $22733955  |
| **CHANGES IN SHARES OUTSTANDING**<br>|  |  |  |  |
| Shares issued | 1875000 | &nbsp;&nbsp; 1000000 | 4700000 | &nbsp;&nbsp;&nbsp; 1050000  |
| Shares redeemed | (1850000) | &nbsp;&nbsp; — | (1125000) | &nbsp;&nbsp;&nbsp; (150000)  |
| Net increase (decrease) in Shares outstanding | 25000 | &nbsp;&nbsp; 1000000 | 3575000 | &nbsp;&nbsp;&nbsp; 900000  |
| Shares outstanding, Beginning of Year or Period | 1000000 | &nbsp;&nbsp; — | 900000 | &nbsp;&nbsp;&nbsp; —  |
| Shares outstanding, End of Year or Period | 1025000 | &nbsp;&nbsp; 1000000 | 4475000 | &nbsp;&nbsp;&nbsp; 900000 |

---

\* The Fund commenced operations on July 31, 2024.

\*\* The Fund commenced operations on August 30, 2024.

The accompanying notes are an integral part of the financial statements.

91<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Changes in Net Assets (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity** <br>**Buffer15 Uncapped Oct ETF** | **AllianzIM U.S. Equity** <br>**Buffer15 Uncapped Oct ETF** | **AllianzIM U.S. Equity** <br>**Buffer15 Uncapped Nov ETF**  | **AllianzIM U.S. Equity** <br>**Buffer15 Uncapped Nov ETF**  |
|  | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Period Ended**<br>**October 31, 2024\*** | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Period Ended**<br>**October 31, 2024\*\***  |
| **OPERATIONS:**<br>|  |  |  |  |
| Net investment income (loss) | $(299621) | &nbsp;&nbsp; $(8483) | $(176411) | &nbsp;&nbsp;&nbsp;&nbsp; $—  |
| Net realized gain (loss) | 6306630 | &nbsp;&nbsp; 12512 | 4296132 | &nbsp;&nbsp;&nbsp;&nbsp; —  |
| Net change in unrealized appreciation (depreciation) | 1321993 | &nbsp;&nbsp; (200525) | (4413) | &nbsp;&nbsp;&nbsp;&nbsp; (1016)  |
|  Net increase (decrease) in net assets resulting from operations | 7329002 | &nbsp;&nbsp; (196496) | 4115308 | &nbsp;&nbsp;&nbsp;&nbsp; (1016)  |
| **CAPITAL TRANSACTIONS:**<br>|  |  |  |  |
| Proceeds from Shares issued | 100992868 | &nbsp;&nbsp; 21912247 | 70535789 | &nbsp;&nbsp;&nbsp;&nbsp; 5000000  |
| Cost of Shares redeemed | (68085343) | &nbsp;&nbsp; (629210) | (47805902) | &nbsp;&nbsp;&nbsp;&nbsp; —  |
|  Net increase (decrease) in net assets from capital transactions | 32907525 | &nbsp;&nbsp; 21283037 | 22729887 | &nbsp;&nbsp;&nbsp;&nbsp; 5000000  |
| Total increase (decrease) in net assets | 40236527 | &nbsp;&nbsp; 21086541 | 26845195 | &nbsp;&nbsp;&nbsp;&nbsp; 4998984  |
| **NET ASSETS**<br>|  |  |  |  |
| Beginning of Year or Period | 21086541 | &nbsp;&nbsp; — | 4998984 | &nbsp;&nbsp;&nbsp;&nbsp; —  |
| End of Year or Period | $61323068 | &nbsp;&nbsp; $21086541 | $31844179 | &nbsp;&nbsp;&nbsp;&nbsp; $4998984  |
| **CHANGES IN SHARES OUTSTANDING**<br>|  |  |  |  |
| Shares issued | 3800000 | &nbsp;&nbsp; 875000 | 2625000 | &nbsp;&nbsp;&nbsp;&nbsp; 200000  |
| Shares redeemed | (2500000) | &nbsp;&nbsp; (25000) | (1725000) | &nbsp;&nbsp;&nbsp;&nbsp; —  |
| Net increase (decrease) in Shares outstanding | 1300000 | &nbsp;&nbsp; 850000 | 900000 | &nbsp;&nbsp;&nbsp;&nbsp; 200000  |
| Shares outstanding, Beginning of Year or Period | 850000 | &nbsp;&nbsp; — | 200000 | &nbsp;&nbsp;&nbsp;&nbsp; —  |
| Shares outstanding, End of Year or Period | 2150000 | &nbsp;&nbsp; 850000 | 1100000 | &nbsp;&nbsp;&nbsp;&nbsp; 200000 |

---

\* The Fund commenced operations on September 30, 2024.

\*\* The Fund commenced operations on October 31, 2024.

The accompanying notes are an integral part of the financial statements.

92<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Changes in Net Assets (continued)** 

---

| | | | |
|:---|:---|:---|:---|
|  | **AllianzIM U.S.** <br>**Equity Buffer15** <br>**Uncapped** <br>**Dec ETF** | **AllianzIM U.S. Equity 6 Month** <br>**Buffer10 Jan/Jul ETF**  | **AllianzIM U.S. Equity 6 Month** <br>**Buffer10 Jan/Jul ETF**  |
|  | **For the Period** <br>**Ended**<br>**October 31, 2025\*** | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Year** <br>**Ended**<br>**October 31, 2024**  |
| **OPERATIONS:**<br>|  |  |  |
| Net investment income (loss) | $(736625) | $(1319639) | $(1082538)  |
| Net realized gain (loss) | 402084 | 32755155 | 20168073  |
| Net change in unrealized appreciation (depreciation) | 19716481 | (3345929) | 10748122  |
| Net increase (decrease) in net assets resulting from operations | 19381940 | 28089587 | 29833657  |
| **CAPITAL TRANSACTIONS:**<br>|  |  |  |
| Proceeds from Shares issued | 272191599 | 591181491 | 559722333  |
| Cost of Shares redeemed | (11865253) | (730179233) | (450352048)  |
| Net increase (decrease) in net assets from capital transactions | 260326346 | (138997742) | 109370285  |
| Total increase (decrease) in net assets | 279708286 | (110908155) | 139203942  |
| **NET ASSETS**<br>|  |  |  |
| Beginning of Year or Period |  | 255587964 | 116384022  |
| End of Year or Period | $279708286 | $144679809 | $255587964  |
| **CHANGES IN SHARES OUTSTANDING**<br>|  |  |  |
| Shares issued | 10675000 | 18825000 | 20400000  |
| Shares redeemed | (475000) | (23225000) | (16475000)  |
| Net increase (decrease) in Shares outstanding | 10200000 | (4400000) | 3925000  |
| Shares outstanding, Beginning of Year or Period |  | 8700000 | 4775000  |
| Shares outstanding, End of Year or Period | 10200000 | 4300000 | 8700000 |

---

\* The Fund commenced operations on November 29, 2024.

The accompanying notes are an integral part of the financial statements.

93<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Changes in Net Assets (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF** | **AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF** | **AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF**  | **AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF**  |
|  | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Period Ended**<br>**October 31, 2024\*** | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Period Ended**<br>**October 31, 2024\*\***  |
| **OPERATIONS:**<br>|  |  |  |  |
| Net investment income (loss) | $(318624) | &nbsp;&nbsp; $(123221) | $(677946) | &nbsp;&nbsp; $(182275)  |
| Net realized gain (loss) | 4416945 | &nbsp;&nbsp; 2313071 | 7711875 | &nbsp;&nbsp; 3600634  |
| Net change in unrealized appreciation (depreciation) | 1526612 | &nbsp;&nbsp; 370627 | 8860689 | &nbsp;&nbsp; 437110  |
|  Net increase (decrease) in net assets resulting from operations | 5624933 | &nbsp;&nbsp; 2560477 | 15894618 | &nbsp;&nbsp; 3855469  |
| **CAPITAL TRANSACTIONS:**<br>|  |  |  |  |
| Proceeds from Shares issued | 144292517 | &nbsp;&nbsp; 79474822 | 439858298 | &nbsp;&nbsp; 106463288  |
| Cost of Shares redeemed | (104271480) | &nbsp;&nbsp; (64153640) | (175948052) | &nbsp;&nbsp; (67539240)  |
|  Net increase (decrease) in net assets from capital transactions | 40021037 | &nbsp;&nbsp; 15321182 | 263910246 | &nbsp;&nbsp; 38924048  |
| Total increase (decrease) in net assets | 45645970 | &nbsp;&nbsp; 17881659 | 279804864 | &nbsp;&nbsp; 42779517  |
| **NET ASSETS**<br>|  |  |  |  |
| Beginning of Year or Period | 17881659 | &nbsp;&nbsp; — | 42779517 | &nbsp;&nbsp; —  |
| End of Year or Period | $63527629 | &nbsp;&nbsp; $17881659 | $322584381 | &nbsp;&nbsp; $42779517  |
| **CHANGES IN SHARES OUTSTANDING**<br>|  |  |  |  |
| Shares issued | 4850000 | &nbsp;&nbsp; 3100000 | 14725000 | &nbsp;&nbsp; 4125000  |
| Shares redeemed | (3475000) | &nbsp;&nbsp; (2450000) | (5925000) | &nbsp;&nbsp; (2550000)  |
| Net increase (decrease) in Shares outstanding | 1375000 | &nbsp;&nbsp; 650000 | 8800000 | &nbsp;&nbsp; 1575000  |
| Shares outstanding, Beginning of Year or Period | 650000 | &nbsp;&nbsp; — | 1575000 | &nbsp;&nbsp; —  |
| Shares outstanding, End of Year or Period | 2025000 | &nbsp;&nbsp; 650000 | 10375000 | &nbsp;&nbsp; 1575000 |

---

\* The Fund commenced operations on January 31, 2024.

\*\* The Fund commenced operations on February 29, 2024.

The accompanying notes are an integral part of the financial statements.

94<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Changes in Net Assets (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF** | **AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF** | **AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF**  | **AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF**  |
|  | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Year** <br>**Ended**<br>**October 31, 2024** | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Period Ended**<br>**October 31, 2024\***  |
| **OPERATIONS:**<br>|  |  |  |  |
| Net investment income (loss) | $(1512831) | $(610374) | $(137884) | &nbsp;&nbsp; $(27675)  |
| Net realized gain (loss) | 17707987 | 11434621 | 1698640 | &nbsp;&nbsp; 549448  |
| Net change in unrealized appreciation (depreciation) | 1242085 | 716577 | (1633) | &nbsp;&nbsp; (2186)  |
|  Net increase (decrease) in net assets resulting from operations | 17437241 | 11540824 | 1559123 | &nbsp;&nbsp; 519587  |
| **CAPITAL TRANSACTIONS:**<br>|  |  |  |  |
| Proceeds from Shares issued | 433887193 | 497033027 | 51210540 | &nbsp;&nbsp; 23595388  |
| Cost of Shares redeemed | (612920760) | (257467220) | (44005320) | &nbsp;&nbsp; (16026960)  |
|  Net increase (decrease) in net assets from capital transactions | (179033567) | 239565807 | 7205220 | &nbsp;&nbsp; 7568428  |
| Total increase (decrease) in net assets | (161596326) | 251106631 | 8764343 | &nbsp;&nbsp; 8088015  |
| **NET ASSETS**<br>|  |  |  |  |
| Beginning of Year or Period | 293619406 | 42512775 | 8088015 | &nbsp;&nbsp; —  |
| End of Year or Period | $132023080 | $293619406 | $16852358 | &nbsp;&nbsp; $8088015  |
| **CHANGES IN SHARES OUTSTANDING**<br>|  |  |  |  |
| Shares issued | 13375000 | 16050000 | 1850000 | &nbsp;&nbsp; 900000  |
| Shares redeemed | (18800000) | (8350000) | (1575000) | &nbsp;&nbsp; (600000)  |
| Net increase (decrease) in Shares outstanding | (5425000) | 7700000 | 275000 | &nbsp;&nbsp; 300000  |
| Shares outstanding, Beginning of Year or Period | 9275000 | 1575000 | 300000 | &nbsp;&nbsp; —  |
| Shares outstanding, End of Year or Period | 3850000 | 9275000 | 575000 | &nbsp;&nbsp; 300000 |

---

\* The Fund commenced operations on April 30, 2024.

The accompanying notes are an integral part of the financial statements.

95<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Changes in Net Assets (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity 6 Month** <br>**Buffer10 Jun/Dec ETF** | **AllianzIM U.S. Equity 6 Month** <br>**Buffer10 Jun/Dec ETF** | **AllianzIM U.S. Equity 6 Month** <br>**Floor5 Jan/Jul ETF**  | **AllianzIM U.S. Equity 6 Month** <br>**Floor5 Jan/Jul ETF**  |
|  | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Period Ended**<br>**October 31, 2024\*** | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Period Ended**<br>**October 31, 2024\*\***  |
| **OPERATIONS:**<br>|  |  |  |  |
| Net investment income (loss) | $(609666) | $(416202) | $(138319) | &nbsp;&nbsp; $(65555)  |
| Net realized gain (loss) | 2441888 | 7757293 | 3878226 | &nbsp;&nbsp; 1105664  |
| Net change in unrealized appreciation (depreciation) | 2558913 | (316474) | (62045) | &nbsp;&nbsp; 429867  |
|  Net increase (decrease) in net assets resulting from operations | 4391135 | 7024617 | 3677862 | &nbsp;&nbsp; 1469976  |
| **CAPITAL TRANSACTIONS:**<br>|  |  |  |  |
| Proceeds from Shares issued | 270641661 | 356482585 | 92074255 | &nbsp;&nbsp; 35320262  |
| Cost of Shares redeemed | (259931135) | (345738788) | (97511615) | &nbsp;&nbsp; (26366902)  |
|  Net increase (decrease) in net assets from capital transactions | 10710526 | 10743797 | (5437360) | &nbsp;&nbsp; 8953360  |
| Total increase (decrease) in net assets | 15101661 | 17768414 | (1759498) | &nbsp;&nbsp; 10423336  |
| **NET ASSETS**<br>|  |  |  |  |
| Beginning of Year or Period | 17768414 |  | 10423336 | &nbsp;&nbsp; —  |
| End of Year or Period | $32870075 | $17768414 | $8663838 | &nbsp;&nbsp; $10423336  |
| **CHANGES IN SHARES OUTSTANDING**<br>|  |  |  |  |
| Shares issued | 10100000 | 13975000 | 3200000 | &nbsp;&nbsp; 1375000  |
| Shares redeemed | (9625000) | (13300000) | (3300000) | &nbsp;&nbsp; (1000000)  |
| Net increase (decrease) in Shares outstanding | 475000 | 675000 | (100000) | &nbsp;&nbsp; 375000  |
| Shares outstanding, Beginning of Year or Period | 675000 |  | 375000 | &nbsp;&nbsp; —  |
| Shares outstanding, End of Year or Period | 1150000 | 675000 | 275000 | &nbsp;&nbsp; 375000 |

---

\* The Fund commenced operations on May 31, 2024.

\*\* The Fund commenced operations on January 31, 2024.

The accompanying notes are an integral part of the financial statements.

96<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Changes in Net Assets (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity 6 Month** <br>**Floor5 Apr/Oct ETF** | **AllianzIM U.S. Equity 6 Month** <br>**Floor5 Apr/Oct ETF** | **AllianzIM U.S. Equity Buffer15 ETF** | **AllianzIM U.S. Equity Buffer100 Protection ETF**  |
|  | **For the Year** <br>**Ended**<br>**October 31, 2025** | **For the Period Ended**<br>**October 31, 2024\*** | **For the Period Ended**<br>**October 31, 2025\*\*** | **For the Period Ended**<br>**October 31, 2025\*\***  |
| **OPERATIONS:**<br>|  |  |  |  |
| Net investment income (loss) | $(108603) | $(175387) | &nbsp;&nbsp;&nbsp; $(19159) | &nbsp;&nbsp; $(38585)  |
| Net realized gain (loss) | 1410634 | 4756986 | &nbsp;&nbsp;&nbsp; 180570 | &nbsp;&nbsp; 428281  |
| Net change in unrealized appreciation (depreciation) | 127557 | (26324) | &nbsp;&nbsp;&nbsp; 173110 | &nbsp;&nbsp; 165945  |
|  Net increase (decrease) in net assets resulting from operations | 1429588 | 4555275 | &nbsp;&nbsp;&nbsp; 334521 | &nbsp;&nbsp; 555641  |
| **CAPITAL TRANSACTIONS:**<br>|  |  |  |  |
| Proceeds from Shares issued | 53909270 | 104223480 | &nbsp;&nbsp;&nbsp; 28655331 | &nbsp;&nbsp; 42218457  |
| Cost of Shares redeemed | (58250670) | (94581407) | &nbsp;&nbsp;&nbsp; (7025095) | &nbsp;&nbsp; (20943642)  |
|  Net increase (decrease) in net assets from capital transactions | (4341400) | 9642073 | &nbsp;&nbsp;&nbsp; 21630236 | &nbsp;&nbsp; 21274815  |
| Total increase (decrease) in net assets | (2911812) | 14197348 | &nbsp;&nbsp;&nbsp; 21964757 | &nbsp;&nbsp; 21830456  |
| **NET ASSETS**<br>|  |  |  |  |
| Beginning of Year or Period | 14197348 |  | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; —  |
| End of Year or Period | $11285536 | $14197348 | &nbsp;&nbsp;&nbsp; $21964757 | &nbsp;&nbsp; $21830456  |
| **CHANGES IN SHARES OUTSTANDING**<br>|  |  |  |  |
| Shares issued | 2050000 | 4150000 | &nbsp;&nbsp;&nbsp; 1125000 | &nbsp;&nbsp; 1675000  |
| Shares redeemed | (2175000) | (3625000) | &nbsp;&nbsp;&nbsp; (275000) | &nbsp;&nbsp; (825000)  |
| Net increase (decrease) in Shares outstanding | (125000) | 525000 | &nbsp;&nbsp;&nbsp; 850000 | &nbsp;&nbsp; 850000  |
| Shares outstanding, Beginning of Year or Period | 525000 |  | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; —  |
| Shares outstanding, End of Year or Period | 400000 | 525000 | &nbsp;&nbsp;&nbsp; 850000 | &nbsp;&nbsp; 850000 |

---

\* The Fund commenced operations on March 28, 2024.

\*\* The Fund commenced operations on June 30, 2025.

The accompanying notes are an integral part of the financial statements.

97<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Statements of Changes in Net Assets (continued)** 

---

| | | | |
|:---|:---|:---|:---|
|  | **AllianzIM** <br>**Buffer20** <br>**Allocation ETF** | **AllianzIM** <br>**Buffer15** <br>**Uncapped** <br>**Allocation ETF** | **AllianzIM 6 Month** <br>**Buffer10** <br>**Allocation ETF**  |
|  | **For the Period** <br>**Ended**<br>**October 31, 2025\*** | **For the Period** <br>**Ended**<br>**October 31, 2025\*\*** | **For the Period** <br>**Ended**<br>**October 31, 2025\***  |
| **OPERATIONS:**<br>|  |  |  |
| Net investment income (loss) | &nbsp;&nbsp; $(12415) | &nbsp;&nbsp;&nbsp; $(12888) | &nbsp;&nbsp;&nbsp; $(10792)  |
| Net realized gain (loss) | &nbsp;&nbsp; 130684 | &nbsp;&nbsp;&nbsp; 414437 | &nbsp;&nbsp;&nbsp; 75417  |
| Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp; 2844557 | &nbsp;&nbsp;&nbsp; 6205272 | &nbsp;&nbsp;&nbsp; 2439584  |
| Net increase (decrease) in net assets resulting from operations | &nbsp;&nbsp; 2962826 | &nbsp;&nbsp;&nbsp; 6606821 | &nbsp;&nbsp;&nbsp; 2504209  |
| **CAPITAL TRANSACTIONS:**<br>|  |  |  |
| Proceeds from Shares issued | &nbsp;&nbsp; 39621470 | &nbsp;&nbsp;&nbsp; 83599955 | &nbsp;&nbsp;&nbsp; 36696215  |
| Cost of Shares redeemed | &nbsp;&nbsp; (1335507) | &nbsp;&nbsp;&nbsp; (3333000) | &nbsp;&nbsp;&nbsp; (1298202)  |
| Net increase (decrease) in net assets from capital transactions | &nbsp;&nbsp; 38285963 | &nbsp;&nbsp;&nbsp; 80266955 | &nbsp;&nbsp;&nbsp; 35398013  |
| Total increase (decrease) in net assets | &nbsp;&nbsp; 41248789 | &nbsp;&nbsp;&nbsp; 86873776 | &nbsp;&nbsp;&nbsp; 37902222  |
| **NET ASSETS**<br>|  |  |  |
| Beginning of Period | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; —  |
| End of Period | &nbsp;&nbsp; $41248789 | &nbsp;&nbsp;&nbsp; $86873776 | &nbsp;&nbsp;&nbsp; $37902222  |
| **CHANGES IN SHARES OUTSTANDING**<br>|  |  |  |
| Shares issued | &nbsp;&nbsp; 1575000 | &nbsp;&nbsp;&nbsp; 3200000 | &nbsp;&nbsp;&nbsp; 1450000  |
| Shares redeemed | &nbsp;&nbsp; (50000) | &nbsp;&nbsp;&nbsp; (125000) | &nbsp;&nbsp;&nbsp; (50000)  |
| Net increase (decrease) in Shares outstanding | &nbsp;&nbsp; 1525000 | &nbsp;&nbsp;&nbsp; 3075000 | &nbsp;&nbsp;&nbsp; 1400000  |
| Shares outstanding, Beginning of Period | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; —  |
| Shares outstanding, End of Period | &nbsp;&nbsp; 1525000 | &nbsp;&nbsp;&nbsp; 3075000 | &nbsp;&nbsp;&nbsp; 1400000 |

---

\* The Fund commenced operations on January 7, 2025.

\*\* The Fund commenced operations on March 5, 2025.

The accompanying notes are an integral part of the financial statements.

98<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Financial Highlights** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity Buffer10 Jan ETF**  | **AllianzIM U.S. Equity Buffer10 Jan ETF**  | **AllianzIM U.S. Equity Buffer10 Jan ETF**  | **AllianzIM U.S. Equity Buffer10 Jan ETF**  | **AllianzIM U.S. Equity Buffer10 Jan ETF**  | **AllianzIM U.S. Equity Buffer10 Jan ETF**  |
|  | **For the** <br>**Year Ended** <br>**October 31,** <br>**2025** | **For the** <br>**Year Ended** <br>**October 31,** <br>**2024** | **For the** <br>**Year Ended** <br>**October 31,** <br>**2023** | **For the** <br>**Period Ended** <br>**October 31,** <br>**2022+** | **For the** <br>**Year Ended** <br>**September 30,** <br>**2022** | **For the**<br>**Period Ended**<br>**September 30,** <br>**2021\***  |
| **NET ASSET VALUE, Beginning of Period** | &nbsp;&nbsp; **$35.19** | &nbsp;&nbsp; **$27.49** | &nbsp;&nbsp; **$25.36** | &nbsp;&nbsp;&nbsp; **$23.85** | &nbsp;&nbsp;&nbsp;&nbsp; **$27.37** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.00**  |
| **Income (loss) from operations:**<br>|  |  |  |  |  |  |
| Net investment income (loss)<sup>(a)</sup> | &nbsp;&nbsp; (0.27) | &nbsp;&nbsp; (0.23) | &nbsp;&nbsp; (0.19) | &nbsp;&nbsp;&nbsp; (0.02) | &nbsp;&nbsp;&nbsp;&nbsp; (0.19) | &nbsp;&nbsp;&nbsp;&nbsp; (0.15)  |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;5.32 | &nbsp;&nbsp;&nbsp;&nbsp;7.93 | &nbsp;&nbsp;&nbsp;&nbsp;2.32 | &nbsp;&nbsp;&nbsp;&nbsp;1.53 | &nbsp;&nbsp;&nbsp;&nbsp; (3.33) | &nbsp;&nbsp;&nbsp;&nbsp;2.52  |
| Total income (loss) from operations | &nbsp;&nbsp;&nbsp;&nbsp;5.05 | &nbsp;&nbsp;&nbsp;&nbsp;7.70 | &nbsp;&nbsp;&nbsp;&nbsp;2.13 | &nbsp;&nbsp;&nbsp;&nbsp;1.51 | &nbsp;&nbsp;&nbsp;&nbsp; (3.52) | &nbsp;&nbsp;&nbsp;&nbsp;2.37  |
| **NET ASSET VALUE, End of Period** | &nbsp;&nbsp; **$40.24** | &nbsp;&nbsp; **$35.19** | &nbsp;&nbsp; **$27.49** | &nbsp;&nbsp;&nbsp; **$25.36** | &nbsp;&nbsp;&nbsp;&nbsp; **$23.85** | &nbsp;&nbsp;&nbsp;&nbsp; **$27.37**  |
| **MARKET PRICE, End of Period** | &nbsp;&nbsp; **$40.24** | &nbsp;&nbsp; **$35.19** | &nbsp;&nbsp; **$27.50** | &nbsp;&nbsp;&nbsp; **$25.37** | &nbsp;&nbsp;&nbsp;&nbsp; **$23.75** | &nbsp;&nbsp;&nbsp;&nbsp; **$27.39**  |
| **NET ASSET VALUE, Total Return<sup>(b)</sup>** | &nbsp;&nbsp; **14.36%** | &nbsp;&nbsp; **28.03%** | &nbsp;&nbsp; **8.37%** | &nbsp;&nbsp;&nbsp; **6.35%** | &nbsp;&nbsp;&nbsp;&nbsp; **(12.87)%** | &nbsp;&nbsp;&nbsp;&nbsp; **9.48%**  |
| **MARKET PRICE, Total Return<sup>(c)</sup>** | &nbsp;&nbsp; **14.33%** | &nbsp;&nbsp; **27.96%** | &nbsp;&nbsp; **8.43%** | &nbsp;&nbsp;&nbsp; **6.80%** | &nbsp;&nbsp;&nbsp;&nbsp; **(13.29)%** | &nbsp;&nbsp;&nbsp;&nbsp; **9.56%**  |
| Net assets, End of Period ($ thousands) | &nbsp;&nbsp; $52316 | &nbsp;&nbsp; $44868 | &nbsp;&nbsp; $21989 | &nbsp;&nbsp;&nbsp; $65309 | &nbsp;&nbsp;&nbsp;&nbsp; $60816 | &nbsp;&nbsp;&nbsp;&nbsp; $43109  |
| Ratios of Average Net Assets<br>|  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Net Expenses | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp; 0.74%† | &nbsp;&nbsp;&nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp;&nbsp; 0.74%†  |
| &nbsp;&nbsp;&nbsp; Net Investment Income | &nbsp;&nbsp; (0.73)% | &nbsp;&nbsp; (0.72)% | &nbsp;&nbsp; (0.72)% | &nbsp;&nbsp;&nbsp; (0.74)%† | &nbsp;&nbsp;&nbsp;&nbsp; (0.74)% | &nbsp;&nbsp;&nbsp;&nbsp; (0.74)%†  |
| Portfolio turnover<sup>(d)</sup> | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

\* The Fund commenced operations on December 31, 2020.

+ Effective October 31, 2022, the Fund changed its fiscal year end from September 30 to October 31.

&nbsp;&nbsp;&nbsp;&nbsp;† Annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(a) Per share amounts have been calculated using the
 average shares method.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Net asset value total return is calculated assuming
 an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value
 during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments
 in accordance with accounting principles generally accepted in the United States of America ("GAAP") and as such, the net
 asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and
 returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Market price total return is calculated assuming
 an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during
 the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not
 annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Portfolio turnover rate is not annualized for
 periods less than one year and does not include in-kind transactions, if any, from processing creations or redemptions.

The accompanying notes are an integral part of the financial statements.

99<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Financial Highlights (continued)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity** <br>**Buffer10 Feb ETF** | **AllianzIM U.S. Equity** <br>**Buffer10 Feb ETF** | **AllianzIM U.S. Equity** <br>**Buffer10 Feb ETF** | **AllianzIM U.S. Equity** <br>**Buffer10 Mar ETF**  | **AllianzIM U.S. Equity** <br>**Buffer10 Mar ETF**  | **AllianzIM U.S. Equity** <br>**Buffer10 Mar ETF**  |
|  | **For the**<br>**Year Ended**<br>**October 31,**<br>**2025** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2024** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2023\*** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2025** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2024** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2023\*\***  |
| **NET ASSET VALUE, Beginning of Period** | &nbsp;&nbsp; **$32.96** | &nbsp;&nbsp; **$25.79** | &nbsp;&nbsp;&nbsp; **$25.00** | &nbsp;&nbsp; **$32.82** | &nbsp;&nbsp; **$26.37** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.00**  |
| **Income (loss) from operations:**<br>|  |  |  |  |  |  |
| Net investment income (loss)<sup>(a)</sup> | &nbsp;&nbsp; (0.25) | &nbsp;&nbsp; (0.22)<sup>ε</sup> | &nbsp;&nbsp;&nbsp; (0.14) | &nbsp;&nbsp; (0.25) | &nbsp;&nbsp; (0.23) | &nbsp;&nbsp;&nbsp;&nbsp; (0.13)  |
| Net realized and unrealized gain (loss) | 4.75 | &nbsp;&nbsp;&nbsp;&nbsp;7.49 | &nbsp;&nbsp;&nbsp;&nbsp;0.93 | &nbsp;&nbsp;&nbsp;&nbsp;5.49 | &nbsp;&nbsp;&nbsp;&nbsp;6.68 | &nbsp;&nbsp;&nbsp;&nbsp;1.50  |
| Total income (loss) from operations | 4.50 | &nbsp;&nbsp;&nbsp;&nbsp;7.27 | &nbsp;&nbsp;&nbsp;&nbsp;0.79 | &nbsp;&nbsp;&nbsp;&nbsp;5.24 | &nbsp;&nbsp;&nbsp;&nbsp;6.45 | &nbsp;&nbsp;&nbsp;&nbsp;1.37  |
| **Distributions:**<br>|  |  |  |  |  |  |
| From net realized gains | &nbsp;&nbsp; — | &nbsp;&nbsp; (0.10) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; —  |
| **NET ASSET VALUE, End of Period** | &nbsp;&nbsp; **$37.46** | &nbsp;&nbsp; **$32.96** | &nbsp;&nbsp;&nbsp; **$25.79** | &nbsp;&nbsp; **$38.06** | &nbsp;&nbsp; **$32.82** | &nbsp;&nbsp;&nbsp;&nbsp; **$26.37**  |
| **MARKET PRICE, End of Period** | &nbsp;&nbsp; **$37.47** | &nbsp;&nbsp; **$33.01** | &nbsp;&nbsp;&nbsp; **$25.82** | &nbsp;&nbsp; **$38.06** | &nbsp;&nbsp; **$32.86** | &nbsp;&nbsp;&nbsp;&nbsp; **$26.40**  |
| **NET ASSET VALUE, Total Return<sup>(b)</sup>** | &nbsp;&nbsp; **13.68%** | &nbsp;&nbsp; **28.20%<sup>ε</sup>** | &nbsp;&nbsp;&nbsp; **3.17%** | &nbsp;&nbsp; **15.97%** | &nbsp;&nbsp; **24.43%** | &nbsp;&nbsp;&nbsp;&nbsp; **5.49%**  |
| **MARKET PRICE, Total Return<sup>(c)</sup>** | &nbsp;&nbsp; **13.52%** | &nbsp;&nbsp; **28.25%** | &nbsp;&nbsp;&nbsp; **3.29%** | &nbsp;&nbsp; **15.83%** | &nbsp;&nbsp; **24.48%** | &nbsp;&nbsp;&nbsp;&nbsp; **5.59%**  |
| Net assets, End of Period ($ thousands) | &nbsp;&nbsp; $102086 | &nbsp;&nbsp; $25541 | &nbsp;&nbsp;&nbsp; $29016 | &nbsp;&nbsp; $26641 | &nbsp;&nbsp; $32817 | &nbsp;&nbsp;&nbsp;&nbsp; $7912  |
| Ratios of Average Net Assets<br>|  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Total Expenses | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74%<sup>ε</sup> | &nbsp;&nbsp;&nbsp; 0.74%† | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp;&nbsp; 0.74%†  |
| &nbsp;&nbsp;&nbsp; Net Expenses | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp; 0.74%† | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp;&nbsp; 0.74%†  |
| &nbsp;&nbsp;&nbsp; Net Investment Income | &nbsp;&nbsp; (0.73)% | &nbsp;&nbsp; (0.72)%<sup>ε</sup> | &nbsp;&nbsp;&nbsp; (0.71)%† | &nbsp;&nbsp; (0.72)% | &nbsp;&nbsp; (0.73)% | &nbsp;&nbsp;&nbsp;&nbsp; (0.73)%†  |
| Portfolio turnover<sup>(d)</sup> | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

\* The Fund commenced operations on January 31, 2023.

\*\* The Fund commenced operations on February 28, 2023.

&nbsp;&nbsp;&nbsp;&nbsp;† Annualized.

---

| | |
|:---|:---|
| ε<br>| The expense reimbursement on the Statement of Operations represents a voluntary reimbursement from the Administrator, Brown Brothers Harriman & Co. The impact of this voluntary reimbursement was immaterial to the net investment income per share. Without this voluntary reimbursement the net asset value per share would be $32.95, the net asset value total return would be 28.18% and the ratio of average net assets to net investment income would have been (0.73)%. |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Per share amounts have been calculated using the
 average shares method.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Net asset value total return is calculated assuming
 an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value
 during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments
 in accordance with accounting principles generally accepted in the United States of America ("GAAP") and as such, the net
 asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and
 returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Market price total return is calculated assuming
 an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during
 the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not
 annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Portfolio turnover rate is not annualized for
 periods less than one year and does not include in-kind transactions, if any, from processing creations or redemptions.

The accompanying notes are an integral part of the financial statements.

100<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Financial Highlights (continued)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity Buffer10 Apr ETF**  | **AllianzIM U.S. Equity Buffer10 Apr ETF**  | **AllianzIM U.S. Equity Buffer10 Apr ETF**  | **AllianzIM U.S. Equity Buffer10 Apr ETF**  | **AllianzIM U.S. Equity Buffer10 Apr ETF**  | **AllianzIM U.S. Equity Buffer10 Apr ETF**  |
|  | **For the**<br>**Year Ended**<br>**October 31,** <br>**2025** | **For the**<br>**Year Ended**<br>**October 31,** <br>**2024** | **For the**<br>**Year Ended**<br>**October 31,** <br>**2023** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2022+** | **For the**<br>**Year Ended**<br>**September 30,**<br>**2022** | **For the**<br>**Year Ended**<br>**September 30,**<br>**2021**  |
| **NET ASSET VALUE, Beginning of Period** | &nbsp;&nbsp; **$37.59** | &nbsp;&nbsp; **$30.29** | &nbsp;&nbsp; **$27.23** | &nbsp;&nbsp;&nbsp; **$25.83** | &nbsp;&nbsp;&nbsp;&nbsp; **$28.06** | &nbsp;&nbsp;&nbsp;&nbsp; **$26.20**  |
| **Income (loss) from operations:**<br>|  |  |  |  |  |  |
| Net investment income (loss)<sup>(a)</sup> | &nbsp;&nbsp; (0.28) | &nbsp;&nbsp; (0.26) | &nbsp;&nbsp; (0.21) | &nbsp;&nbsp;&nbsp; (0.02) | &nbsp;&nbsp;&nbsp;&nbsp; (0.21) | &nbsp;&nbsp;&nbsp;&nbsp; (0.20)  |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;3.67 | &nbsp;&nbsp;&nbsp;&nbsp;7.56 | &nbsp;&nbsp;&nbsp;&nbsp;3.27 | &nbsp;&nbsp;&nbsp;&nbsp;1.42 | &nbsp;&nbsp;&nbsp;&nbsp; (2.02) | &nbsp;&nbsp;&nbsp;&nbsp;3.28  |
| Total income (loss) from operations | &nbsp;&nbsp;&nbsp;&nbsp;3.39 | &nbsp;&nbsp;&nbsp;&nbsp;7.30 | &nbsp;&nbsp;&nbsp;&nbsp;3.06 | &nbsp;&nbsp;&nbsp;&nbsp;1.40 | &nbsp;&nbsp;&nbsp;&nbsp; (2.23) | &nbsp;&nbsp;&nbsp;&nbsp;3.08  |
| **Distributions:**<br>|  |  |  |  |  |  |
| From net realized gains | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1.22)  |
| **NET ASSET VALUE, End of Period** | &nbsp;&nbsp; **$40.98** | &nbsp;&nbsp; **$37.59** | &nbsp;&nbsp; **$30.29** | &nbsp;&nbsp;&nbsp; **$27.23** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.83** | &nbsp;&nbsp;&nbsp;&nbsp; **$28.06**  |
| **MARKET PRICE, End of Period** | &nbsp;&nbsp; **$40.94** | &nbsp;&nbsp; **$37.59** | &nbsp;&nbsp; **$30.33** | &nbsp;&nbsp;&nbsp; **$27.19** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.70** | &nbsp;&nbsp;&nbsp;&nbsp; **$28.04**  |
| **NET ASSET VALUE, Total Return<sup>(b)</sup>** | &nbsp;&nbsp; **9.03%** | &nbsp;&nbsp; **24.09%** | &nbsp;&nbsp; **11.26%** | &nbsp;&nbsp;&nbsp; **5.41%** | &nbsp;&nbsp;&nbsp;&nbsp; **(7.94)%** | &nbsp;&nbsp;&nbsp;&nbsp; **12.13%**  |
| **MARKET PRICE, Total Return<sup>(c)</sup>** | &nbsp;&nbsp; **8.92%** | &nbsp;&nbsp; **23.93%** | &nbsp;&nbsp; **11.56%** | &nbsp;&nbsp;&nbsp; **5.81%** | &nbsp;&nbsp;&nbsp;&nbsp; **(8.37)%** | &nbsp;&nbsp;&nbsp;&nbsp; **11.77%**  |
| Net assets, End of Period ($ thousands) | &nbsp;&nbsp; $40984 | &nbsp;&nbsp; $47928 | &nbsp;&nbsp; $28020 | &nbsp;&nbsp;&nbsp; $18377 | &nbsp;&nbsp;&nbsp;&nbsp; $17434 | &nbsp;&nbsp;&nbsp;&nbsp; $15431  |
| Ratios of Average Net Assets<br>|  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Net Expenses | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp; 0.74%† | &nbsp;&nbsp;&nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp;&nbsp; 0.74%  |
| &nbsp;&nbsp;&nbsp; Net Investment Income | &nbsp;&nbsp; (0.72)% | &nbsp;&nbsp; (0.73)% | &nbsp;&nbsp; (0.72)% | &nbsp;&nbsp;&nbsp; (0.74)%† | &nbsp;&nbsp;&nbsp;&nbsp; (0.74)% | &nbsp;&nbsp;&nbsp;&nbsp; (0.74)%  |
| Portfolio turnover<sup>(d)</sup> | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

+ Effective October 31, 2022, the Fund changed its fiscal year end from September 30 to October 31.

&nbsp;&nbsp;&nbsp;&nbsp;† Annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(a) Per share amounts have been calculated using the
 average shares method.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Net asset value total return is calculated assuming
 an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value
 during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments
 in accordance with accounting principles generally accepted in the United States of America ("GAAP") and as such, the net
 asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and
 returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Market price total return is calculated assuming
 an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during
 the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not
 annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Portfolio turnover rate is not annualized for
 periods less than one year and does not include in-kind transactions, if any, from processing creations or redemptions.

The accompanying notes are an integral part of the financial statements.

101<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Financial Highlights (continued)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity** <br>**Buffer10 May ETF** | **AllianzIM U.S. Equity** <br>**Buffer10 May ETF** | **AllianzIM U.S. Equity** <br>**Buffer10 May ETF** | **AllianzIM U.S. Equity** <br>**Buffer10 Jun ETF**  | **AllianzIM U.S. Equity** <br>**Buffer10 Jun ETF**  | **AllianzIM U.S. Equity** <br>**Buffer10 Jun ETF**  |
|  | **For the**<br>**Year Ended**<br>**October 31,**<br>**2025** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2024** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2023\*** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2025** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2024** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2023\*\***  |
| **NET ASSET VALUE, Beginning of Period**  | &nbsp;&nbsp; **$32.45** | &nbsp;&nbsp; **$25.37** | &nbsp;&nbsp;&nbsp; **$25.00** | &nbsp;&nbsp; **$31.54** | &nbsp;&nbsp; **$25.25** | &nbsp;&nbsp;&nbsp; **$25.00** |
| **Income (loss) from operations:**<br>|  |  |  |  |  |  |
| Net investment income (loss)<sup>(a)</sup> | &nbsp;&nbsp; (0.25) | &nbsp;&nbsp; (0.21) | &nbsp;&nbsp;&nbsp; (0.09) | &nbsp;&nbsp; (0.24) | &nbsp;&nbsp; (0.21) | &nbsp;&nbsp;&nbsp; (0.08)  |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;4.15 | &nbsp;&nbsp;&nbsp;&nbsp;7.29 | &nbsp;&nbsp;&nbsp;&nbsp;0.46 | &nbsp;&nbsp;&nbsp;&nbsp;4.52 | &nbsp;&nbsp;&nbsp;&nbsp;6.50 | &nbsp;&nbsp;&nbsp;&nbsp;0.33  |
| Total income (loss) from operations | &nbsp;&nbsp;&nbsp;&nbsp;3.90 | &nbsp;&nbsp;&nbsp;&nbsp;7.08 | &nbsp;&nbsp;&nbsp;&nbsp;0.37 | &nbsp;&nbsp;&nbsp;&nbsp;4.28 | &nbsp;&nbsp;&nbsp;&nbsp;6.29 | &nbsp;&nbsp;&nbsp;&nbsp;0.25  |
| **NET ASSET VALUE, End of Period** | &nbsp;&nbsp; **$36.35** | &nbsp;&nbsp; **$32.45** | &nbsp;&nbsp;&nbsp; **$25.37** | &nbsp;&nbsp; **$35.82** | &nbsp;&nbsp; **$31.54** | &nbsp;&nbsp;&nbsp; **$25.25**  |
| **MARKET PRICE, End of Period** | &nbsp;&nbsp; **$36.36** | &nbsp;&nbsp; **$32.49** | &nbsp;&nbsp;&nbsp; **$25.38** | &nbsp;&nbsp; **$35.83** | &nbsp;&nbsp; **$31.58** | &nbsp;&nbsp;&nbsp; **$25.30**  |
| **NET ASSET VALUE, Total Return<sup>(b)</sup>** | &nbsp;&nbsp; **12.01%** | &nbsp;&nbsp; **27.91%** | &nbsp;&nbsp;&nbsp; **1.49%** | &nbsp;&nbsp; **13.55%** | &nbsp;&nbsp; **24.90%** | &nbsp;&nbsp;&nbsp; **1.01%**  |
| **MARKET PRICE, Total Return<sup>(c)</sup>** | &nbsp;&nbsp; **11.91%** | &nbsp;&nbsp; **28.00%** | &nbsp;&nbsp;&nbsp; **1.54%** | &nbsp;&nbsp; **13.44%** | &nbsp;&nbsp; **24.84%** | &nbsp;&nbsp;&nbsp; **1.20%**  |
| Net assets, End of Period ($ thousands) | &nbsp;&nbsp; $19084 | &nbsp;&nbsp; $17038 | &nbsp;&nbsp;&nbsp; $43133 | &nbsp;&nbsp; $21489 | &nbsp;&nbsp; $15770 | &nbsp;&nbsp;&nbsp; $29040  |
| Ratios of Average Net Assets<br>|  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Net Expenses | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp; 0.74%† | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp; 0.74%†  |
| &nbsp;&nbsp;&nbsp; Net Investment Income | &nbsp;&nbsp; (0.73)% | &nbsp;&nbsp; (0.71)% | &nbsp;&nbsp;&nbsp; (0.71)%† | &nbsp;&nbsp; (0.73)% | &nbsp;&nbsp; (0.71)% | &nbsp;&nbsp;&nbsp; (0.71)%†  |
| Portfolio turnover<sup>(d)</sup> | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |

---

\* The Fund commenced operations on April 28, 2023.

\*\* The Fund commenced operations on May 31, 2023.

&nbsp;&nbsp;&nbsp;&nbsp;† Annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(a) Per share amounts have been calculated using the
 average shares method.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Net asset value total return is calculated assuming
 an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value
 during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments
 in accordance with accounting principles generally accepted in the United States of America ("GAAP") and as such, the net
 asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and
 returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Market price total return is calculated assuming
 an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during
 the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not
 annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Portfolio turnover rate is not annualized for
 periods less than one year and does not include in-kind transactions, if any, from processing creations or redemptions.

The accompanying notes are an integral part of the financial statements.

102<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Financial Highlights (continued)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity Buffer10 Jul ETF**  | **AllianzIM U.S. Equity Buffer10 Jul ETF**  | **AllianzIM U.S. Equity Buffer10 Jul ETF**  | **AllianzIM U.S. Equity Buffer10 Jul ETF**  | **AllianzIM U.S. Equity Buffer10 Jul ETF**  | **AllianzIM U.S. Equity Buffer10 Jul ETF**  |
|  | **For the**<br>**Year Ended**<br>**October 31,** <br>**2025** | **For the**<br>**Year Ended**<br>**October 31,** <br>**2024** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2023** | **For the** <br>**Period Ended** <br>**October 31,** <br>**2022+** | **For the**<br>**Year Ended**<br>**September 30,**<br>**2022** | **For the**<br>**Year Ended**<br>**September 30,**<br>**2021**  |
| **NET ASSET VALUE, Beginning of Period** | &nbsp;&nbsp; **$38.49** | &nbsp;&nbsp; **$30.39** | &nbsp;&nbsp; **$27.65** | &nbsp;&nbsp;&nbsp; **$26.22** | &nbsp;&nbsp;&nbsp;&nbsp; **$27.87** | &nbsp;&nbsp;&nbsp;&nbsp; **$26.17**  |
| **Income (loss) from operations:**<br>|  |  |  |  |  |  |
| Net investment income (loss)<sup>(a)</sup> | &nbsp;&nbsp; (0.30) | &nbsp;&nbsp; (0.25) | &nbsp;&nbsp; (0.22) | &nbsp;&nbsp;&nbsp; (0.02) | &nbsp;&nbsp;&nbsp;&nbsp; (0.21) | &nbsp;&nbsp;&nbsp;&nbsp; (0.21)  |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;6.10 | &nbsp;&nbsp;&nbsp;&nbsp;8.35 | &nbsp;&nbsp;&nbsp;&nbsp;2.96 | &nbsp;&nbsp;&nbsp;&nbsp;1.45 | &nbsp;&nbsp;&nbsp;&nbsp; (1.44) | &nbsp;&nbsp;&nbsp;&nbsp;2.94  |
| Total income (loss) from operations | &nbsp;&nbsp;&nbsp;&nbsp;5.80 | &nbsp;&nbsp;&nbsp;&nbsp;8.10 | &nbsp;&nbsp;&nbsp;&nbsp;2.74 | &nbsp;&nbsp;&nbsp;&nbsp;1.43 | &nbsp;&nbsp;&nbsp;&nbsp; (1.65) | &nbsp;&nbsp;&nbsp;&nbsp;2.73  |
| **Distributions:**<br>|  |  |  |  |  |  |
| From net realized gains | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1.03)  |
| **NET ASSET VALUE, End of Period** | &nbsp;&nbsp; **$44.29** | &nbsp;&nbsp; **$38.49** | &nbsp;&nbsp; **$30.39** | &nbsp;&nbsp;&nbsp; **$27.65** | &nbsp;&nbsp;&nbsp;&nbsp; **$26.22** | &nbsp;&nbsp;&nbsp;&nbsp; **$27.87**  |
| **MARKET PRICE, End of Period** | &nbsp;&nbsp; **$44.26** | &nbsp;&nbsp; **$38.50** | &nbsp;&nbsp; **$30.48** | &nbsp;&nbsp;&nbsp; **$27.70** | &nbsp;&nbsp;&nbsp;&nbsp; **$26.13** | &nbsp;&nbsp;&nbsp;&nbsp; **$27.85**  |
| **NET ASSET VALUE, Total Return<sup>(b)</sup>** | &nbsp;&nbsp; **15.05%** | &nbsp;&nbsp; **26.65%** | &nbsp;&nbsp; **9.91%** | &nbsp;&nbsp;&nbsp; **5.47%** | &nbsp;&nbsp;&nbsp;&nbsp; **(5.92)%** | &nbsp;&nbsp;&nbsp;&nbsp; **10.64%**  |
| **MARKET PRICE, Total Return<sup>(c)</sup>** | &nbsp;&nbsp; **14.96%** | &nbsp;&nbsp; **26.31%** | &nbsp;&nbsp; **10.02%** | &nbsp;&nbsp;&nbsp; **6.04%** | &nbsp;&nbsp;&nbsp;&nbsp; **(6.19)%** | &nbsp;&nbsp;&nbsp;&nbsp; **10.14%**  |
| Net assets, End of Period ($ thousands) | &nbsp;&nbsp; $84142 | &nbsp;&nbsp; $61587 | &nbsp;&nbsp; $88900 | &nbsp;&nbsp;&nbsp; $44935 | &nbsp;&nbsp;&nbsp;&nbsp; $38015 | &nbsp;&nbsp;&nbsp;&nbsp; $32745  |
| Ratios of Average Net Assets<br>|  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Net Expenses | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp; 0.74%† | &nbsp;&nbsp;&nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp;&nbsp; 0.74%  |
| &nbsp;&nbsp;&nbsp; Net Investment Income | &nbsp;&nbsp; (0.73)% | &nbsp;&nbsp; (0.71)% | &nbsp;&nbsp; (0.72)% | &nbsp;&nbsp;&nbsp; (0.74)%† | &nbsp;&nbsp;&nbsp;&nbsp; (0.74)% | &nbsp;&nbsp;&nbsp;&nbsp; (0.74)%  |
| Portfolio turnover<sup>(d)</sup> | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

+ Effective October 31, 2022, the Fund changed its fiscal year end from September 30 to October 31.

&nbsp;&nbsp;&nbsp;&nbsp;† Annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(a) Per share amounts have been calculated using the
 average shares method.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Net asset value total return is calculated assuming
 an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value
 during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments
 in accordance with accounting principles generally accepted in the United States of America ("GAAP") and as such, the net
 asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and
 returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Market price total return is calculated assuming
 an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during
 the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not
 annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Portfolio turnover rate is not annualized for
 periods less than one year and does not include in-kind transactions, if any, from processing creations or redemptions.

The accompanying notes are an integral part of the financial statements.

103<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Financial Highlights (continued)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity** <br>**Buffer10 Aug ETF** | **AllianzIM U.S. Equity** <br>**Buffer10 Aug ETF** | **AllianzIM U.S. Equity** <br>**Buffer10 Aug ETF** | **AllianzIM U.S. Equity** <br>**Buffer10 Sep ETF**  | **AllianzIM U.S. Equity** <br>**Buffer10 Sep ETF**  | **AllianzIM U.S. Equity** <br>**Buffer10 Sep ETF**  |
|  | **For the**<br>**Year Ended**<br>**October 31,**<br>**2025** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2024** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2023\*** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2025** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2024** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2023\*\***  |
| **NET ASSET VALUE, Beginning of Period** | &nbsp;&nbsp; **$30.36** | &nbsp;&nbsp; **$23.54** | &nbsp;&nbsp;&nbsp; **$25.00** | &nbsp;&nbsp; **$29.87** | &nbsp;&nbsp; **$23.78** | &nbsp;&nbsp;&nbsp; **$25.00**  |
| **Income (loss) from operations:**<br>|  |  |  |  |  |  |
| Net investment income (loss)<sup>(a)</sup> | &nbsp;&nbsp; (0.22) | &nbsp;&nbsp; (0.21) | &nbsp;&nbsp;&nbsp; (0.04) | &nbsp;&nbsp; (0.23) | &nbsp;&nbsp; (0.21) | &nbsp;&nbsp;&nbsp; (0.03)  |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;5.08 | 7.03 | &nbsp;&nbsp;&nbsp; (1.42) | 5.13 | &nbsp;&nbsp;&nbsp;&nbsp;6.30 | &nbsp;&nbsp;&nbsp; (1.19)  |
| Total income (loss) from operations | &nbsp;&nbsp;&nbsp;&nbsp;4.86 | 6.82 | &nbsp;&nbsp;&nbsp; (1.46) | 4.90 | &nbsp;&nbsp;&nbsp;&nbsp;6.09 | &nbsp;&nbsp;&nbsp; (1.22)  |
| **NET ASSET VALUE, End of Period ..** | &nbsp;&nbsp; **$35.22** | &nbsp;&nbsp; **$30.36** | &nbsp;&nbsp;&nbsp; **$23.54** | &nbsp;&nbsp; **$34.77** | &nbsp;&nbsp; **$29.87** | &nbsp;&nbsp;&nbsp; **$23.78**  |
| **MARKET PRICE, End of Period ..** | &nbsp;&nbsp; **$35.23** | &nbsp;&nbsp; **$30.40** | &nbsp;&nbsp;&nbsp; **$23.58** | &nbsp;&nbsp; **$34.73** | &nbsp;&nbsp; **$29.93** | &nbsp;&nbsp;&nbsp; **$23.87**  |
| **NET ASSET VALUE, Total Return<sup>(b)</sup>** | &nbsp;&nbsp; **16.03%** | &nbsp;&nbsp; **28.98%** | &nbsp;&nbsp;&nbsp; **(5.86)%** | &nbsp;&nbsp; **16.40%** | &nbsp;&nbsp; **25.64%** | &nbsp;&nbsp;&nbsp; **(4.89)%**  |
| **MARKET PRICE, Total Return<sup>(c)</sup>** | &nbsp;&nbsp; **15.87%** | &nbsp;&nbsp; **28.97%** | &nbsp;&nbsp;&nbsp; **(5.70)%** | &nbsp;&nbsp; **16.03%** | &nbsp;&nbsp; **25.38%** | &nbsp;&nbsp;&nbsp; **(4.51)%**  |
| Net assets, End of Period ($ thousands) | &nbsp;&nbsp; $36984 | &nbsp;&nbsp; $123703 | &nbsp;&nbsp;&nbsp; $55896 | &nbsp;&nbsp; $100837 | &nbsp;&nbsp; $93351 | &nbsp;&nbsp;&nbsp; $13077  |
| Ratios of Average Net Assets<br>|  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Net Expenses | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp; 0.74%† | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp; 0.74%†  |
| &nbsp;&nbsp;&nbsp; Net Investment Income | &nbsp;&nbsp; (0.71)% | &nbsp;&nbsp; (0.73)% | &nbsp;&nbsp;&nbsp; (0.71)%† | &nbsp;&nbsp; (0.72)% | &nbsp;&nbsp; (0.73)% | &nbsp;&nbsp;&nbsp; (0.70)%†  |
| Portfolio turnover<sup>(d)</sup> | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |

---

\* The Fund commenced operations on July 31, 2023.

\*\* The Fund commenced operations on August 31, 2023.

&nbsp;&nbsp;&nbsp;&nbsp;† Annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(a) Per share amounts have been calculated using the
 average shares method.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Net asset value total return is calculated assuming
 an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value
 during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments
 in accordance with accounting principles generally accepted in the United States of America ("GAAP") and as such, the net
 asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and
 returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Market price total return is calculated assuming
 an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during
 the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not
 annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Portfolio turnover rate is not annualized for
 periods less than one year and does not include in-kind transactions, if any, from processing creations or redemptions.

The accompanying notes are an integral part of the financial statements.

104<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Financial Highlights (continued)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity Buffer10 Oct ETF**  | **AllianzIM U.S. Equity Buffer10 Oct ETF**  | **AllianzIM U.S. Equity Buffer10 Oct ETF**  | **AllianzIM U.S. Equity Buffer10 Oct ETF**  | **AllianzIM U.S. Equity Buffer10 Oct ETF**  | **AllianzIM U.S. Equity Buffer10 Oct ETF**  |
|  | **For the**<br>**Year Ended**<br>**October 31,** <br>**2025** | **For the**<br>**Year Ended**<br>**October 31,** <br>**2024** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2023** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2022+** | **For the**<br>**Year Ended**<br>**September 30,**<br>**2022** | **For the**<br>**Year Ended**<br>**September 30,**<br>**2021**  |
| **NET ASSET VALUE, Beginning of Period** | &nbsp;&nbsp; **$37.32** | &nbsp;&nbsp; **$31.15** | &nbsp;&nbsp; **$27.95** | &nbsp;&nbsp;&nbsp; **$26.63** | &nbsp;&nbsp;&nbsp;&nbsp; **$28.80** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.00**  |
| **Income (loss) from operations:**<br>|  |  |  |  |  |  |
| Net investment income (loss)<sup>(a)</sup> | &nbsp;&nbsp; (0.28) | &nbsp;&nbsp; (0.26) | &nbsp;&nbsp; (0.21) | &nbsp;&nbsp;&nbsp; (0.02) | &nbsp;&nbsp;&nbsp;&nbsp; (0.21) | &nbsp;&nbsp;&nbsp;&nbsp; (0.20)  |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;6.07 | 6.43 | &nbsp;&nbsp;&nbsp;&nbsp;3.41 | &nbsp;&nbsp;&nbsp;&nbsp;1.34 | &nbsp;&nbsp;&nbsp;&nbsp; (1.96) | &nbsp;&nbsp;&nbsp;&nbsp;4.00  |
| Total income (loss) from operations | &nbsp;&nbsp;&nbsp;&nbsp;5.79 | 6.17 | &nbsp;&nbsp;&nbsp;&nbsp;3.20 | &nbsp;&nbsp;&nbsp;&nbsp;1.32 | &nbsp;&nbsp;&nbsp;&nbsp; (2.17) | &nbsp;&nbsp;&nbsp;&nbsp;3.80  |
| **NET ASSET VALUE, End of Period** | &nbsp;&nbsp; **$43.11** | &nbsp;&nbsp; **$37.32** | &nbsp;&nbsp; **$31.15** | &nbsp;&nbsp;&nbsp; **$27.95** | &nbsp;&nbsp;&nbsp;&nbsp; **$26.63** | &nbsp;&nbsp;&nbsp;&nbsp; **$28.80**  |
| **MARKET PRICE, End of Period** | &nbsp;&nbsp; **$43.09** | &nbsp;&nbsp; **$37.35** | &nbsp;&nbsp; **$31.23** | &nbsp;&nbsp;&nbsp; **$28.05** | &nbsp;&nbsp;&nbsp;&nbsp; **$26.71** | &nbsp;&nbsp;&nbsp;&nbsp; **$28.84**  |
| **NET ASSET VALUE, Total Return<sup>(b)</sup>** | &nbsp;&nbsp; **15.51%** | &nbsp;&nbsp; **19.80%** | &nbsp;&nbsp; **11.44%** | &nbsp;&nbsp;&nbsp; **4.97%** | &nbsp;&nbsp;&nbsp;&nbsp; **(7.54)%** | &nbsp;&nbsp;&nbsp;&nbsp; **15.23%**  |
| **MARKET PRICE, Total Return<sup>(c)</sup>** | &nbsp;&nbsp; **15.36%** | &nbsp;&nbsp; **19.62%** | &nbsp;&nbsp; **11.32%** | &nbsp;&nbsp;&nbsp; **5.01%** | &nbsp;&nbsp;&nbsp;&nbsp; **(7.37)%** | &nbsp;&nbsp;&nbsp;&nbsp; **15.35%**  |
| Net assets, End of Period ($ thousands) | &nbsp;&nbsp; $58195 | &nbsp;&nbsp; $132487 | &nbsp;&nbsp; $36603 | &nbsp;&nbsp;&nbsp; $64294 | &nbsp;&nbsp;&nbsp;&nbsp; $43941 | &nbsp;&nbsp;&nbsp;&nbsp; $39606  |
| Ratios of Average Net Assets<br>|  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Net Expenses | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp; 0.74%† | &nbsp;&nbsp;&nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp;&nbsp; 0.74%  |
| &nbsp;&nbsp;&nbsp; Net Investment Income | &nbsp;&nbsp; (0.73)% | &nbsp;&nbsp; (0.72)% | &nbsp;&nbsp; (0.71)% | &nbsp;&nbsp;&nbsp; (0.72)%† | &nbsp;&nbsp;&nbsp;&nbsp; (0.74)% | &nbsp;&nbsp;&nbsp;&nbsp; (0.74)%  |
| Portfolio turnover<sup>(d)</sup> | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

+ Effective October 31, 2022, the Fund changed its fiscal year end from September 30 to October 31.

&nbsp;&nbsp;&nbsp;&nbsp;† Annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(a) Per share amounts have been calculated using the
 average shares method.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Net asset value total return is calculated assuming
 an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value
 during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments
 in accordance with accounting principles generally accepted in the United States of America ("GAAP") and as such, the net
 asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and
 returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Market price total return is calculated assuming
 an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during
 the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not
 annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Portfolio turnover rate is not annualized for
 periods less than one year and does not include in-kind transactions, if any, from processing creations or redemptions.

The accompanying notes are an integral part of the financial statements.

105<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Financial Highlights (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity Buffer10 Nov ETF**  | **AllianzIM U.S. Equity Buffer10 Nov ETF**  | **AllianzIM U.S. Equity Buffer10 Nov ETF**  | **AllianzIM U.S. Equity Buffer10 Nov ETF**  |
|  | **For the**<br>**Year Ended**<br>**October 31,**<br>**2025** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2024** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2023** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2022\***  |
| **NET ASSET VALUE, Beginning of Period** | &nbsp;&nbsp; **$31.91** | &nbsp;&nbsp; **$26.85** | &nbsp;&nbsp;&nbsp; **$24.99** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.00**  |
| **Income (loss) from operations:**<br>|  |  |  |  |
| Net investment income (loss)<sup>(a)</sup> | &nbsp;&nbsp; (0.24) | &nbsp;&nbsp; (0.22) | &nbsp;&nbsp;&nbsp; (0.19) | &nbsp;&nbsp;&nbsp;&nbsp; —  |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;4.90 | &nbsp;&nbsp;&nbsp;&nbsp;5.28 | &nbsp;&nbsp;&nbsp;&nbsp;2.05 | &nbsp;&nbsp;&nbsp;&nbsp; (0.01)  |
| Total income (loss) from operations | &nbsp;&nbsp;&nbsp;&nbsp;4.66 | &nbsp;&nbsp;&nbsp;&nbsp;5.06 | &nbsp;&nbsp;&nbsp;&nbsp;1.86 | &nbsp;&nbsp;&nbsp;&nbsp; (0.01)  |
| **NET ASSET VALUE, End of Period** | &nbsp;&nbsp; **$36.57** | &nbsp;&nbsp; **$31.91** | &nbsp;&nbsp;&nbsp; **$26.85** | &nbsp;&nbsp;&nbsp;&nbsp; **$24.99**  |
| **MARKET PRICE, End of Period** | &nbsp;&nbsp; **$36.61** | &nbsp;&nbsp; **$31.94** | &nbsp;&nbsp;&nbsp; **$26.91** | &nbsp;&nbsp;&nbsp;&nbsp; —  |
| **NET ASSET VALUE, Total Return<sup>(b)</sup>** | &nbsp;&nbsp; **14.61%** | &nbsp;&nbsp; **18.86%** | &nbsp;&nbsp;&nbsp; **7.43%** | &nbsp;&nbsp;&nbsp;&nbsp; **(0.04)%**  |
| **MARKET PRICE, Total Return<sup>(c)</sup>** | &nbsp;&nbsp; **14.63%** | &nbsp;&nbsp; **18.68%** | &nbsp;&nbsp;&nbsp; **7.64%** | &nbsp;&nbsp;&nbsp;&nbsp; **—**  |
| Net assets, End of Period ($ thousands) | &nbsp;&nbsp; $19199 | &nbsp;&nbsp; $27122 | &nbsp;&nbsp;&nbsp; $9396 | &nbsp;&nbsp;&nbsp;&nbsp; $4998  |
| Ratios of Average Net Assets<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Net Expenses | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp;&nbsp; —  |
| &nbsp;&nbsp;&nbsp; Net Investment Income | &nbsp;&nbsp; (0.73)% | &nbsp;&nbsp; (0.72)% | &nbsp;&nbsp;&nbsp; (0.71)% | &nbsp;&nbsp;&nbsp;&nbsp; —  |
| Portfolio turnover<sup>(d)</sup> | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

\* The Fund commenced operations on October 31, 2022.

&nbsp;&nbsp;&nbsp;&nbsp;(a) Per share amounts have been calculated using the
 average shares method.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Net asset value total return is calculated assuming
 an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value
 during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments
 in accordance with accounting principles generally accepted in the United States of America ("GAAP") and as such, the net
 asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and
 returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Market price total return is calculated assuming
 an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during
 the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not
 annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Portfolio turnover rate is not annualized for
 periods less than one year and does not include in-kind transactions, if any, from processing creations or redemptions.

The accompanying notes are an integral part of the financial statements.

106<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Financial Highlights (continued)** 

---

| | | | |
|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity Buffer10 Dec ETF**  | **AllianzIM U.S. Equity Buffer10 Dec ETF**  | **AllianzIM U.S. Equity Buffer10 Dec ETF**  |
|  | **For the**<br>**Year Ended**<br>**October 31,**<br>**2025** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2024** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2023\***  |
| **NET ASSET VALUE, Beginning of Period** | &nbsp;&nbsp; **$32.03** | &nbsp;&nbsp;&nbsp; **$25.64** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.00**  |
| **Income (loss) from operations:**<br>|  |  |  |
| Net investment income (loss)<sup>(a)</sup> | &nbsp;&nbsp; (0.24) | &nbsp;&nbsp;&nbsp; (0.21)<sup>ε</sup> | &nbsp;&nbsp;&nbsp;&nbsp; (0.17)  |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;4.28 | &nbsp;&nbsp;&nbsp;&nbsp;6.74 | &nbsp;&nbsp;&nbsp;&nbsp;0.81  |
| Total income (loss) from operations ... | &nbsp;&nbsp;&nbsp;&nbsp;4.04 | &nbsp;&nbsp;&nbsp;&nbsp;6.53 | &nbsp;&nbsp;&nbsp;&nbsp;0.64  |
| **Distributions:**<br>|  |  |  |
| From net realized gains | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (0.14) | &nbsp;&nbsp;&nbsp;&nbsp; —  |
| **NET ASSET VALUE, End of Period** | &nbsp;&nbsp; **$36.07** | &nbsp;&nbsp;&nbsp; **$32.03** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.64**  |
| **MARKET PRICE, End of Period** | &nbsp;&nbsp; **$36.05** | &nbsp;&nbsp;&nbsp; **$32.04** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.66**  |
| **NET ASSET VALUE, Total Return<sup>(b)</sup>** | &nbsp;&nbsp; **12.62%** | &nbsp;&nbsp;&nbsp; **25.52%<sup>ε</sup>** | &nbsp;&nbsp;&nbsp;&nbsp; **2.57%**  |
| **MARKET PRICE, Total Return<sup>(c)</sup>** | &nbsp;&nbsp; **12.52%** | &nbsp;&nbsp;&nbsp; **25.46%** | &nbsp;&nbsp;&nbsp;&nbsp; **2.65%**  |
| Net assets, End of Period ($ thousands) | &nbsp;&nbsp; $116330 | &nbsp;&nbsp;&nbsp; $16816 | &nbsp;&nbsp;&nbsp;&nbsp; $19232  |
| Ratios of Average Net Assets<br>|  |  |  |
| &nbsp;&nbsp;&nbsp; Total Expenses | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp; 0.76%<sup>ε</sup> | &nbsp;&nbsp;&nbsp;&nbsp; 0.74%†  |
| &nbsp;&nbsp;&nbsp; Net Expenses | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp;&nbsp; 0.74%†  |
| &nbsp;&nbsp;&nbsp; Net Investment Income | &nbsp;&nbsp; (0.73)% | &nbsp;&nbsp;&nbsp; (0.71)%<sup>ε</sup> | &nbsp;&nbsp;&nbsp;&nbsp; (0.71)%†  |
| Portfolio turnover<sup>(d)</sup> | &nbsp;&nbsp; **—** | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

\* The Fund commenced operations on November 30, 2022.

&nbsp;&nbsp;&nbsp;&nbsp;† Annualized.

---

| | |
|:---|:---|
| ε<br>| The expense reimbursement on the Statement of Operations represents a voluntary reimbursement from the Administrator, Brown Brothers Harriman & Co. Without this voluntary reimbursement the net investment income per share would be $(0.22), the net asset value per share would be $32.02, the net asset value total return would be 25.48% and the ratio of average net assets to net investment income would have been (0.74)%. |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Per share amounts have been calculated using the
 average shares method.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Net asset value total return is calculated assuming
 an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value
 during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments
 in accordance with accounting principles generally accepted in the United States of America ("GAAP") and as such, the net
 asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and
 returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Market price total return is calculated assuming
 an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during
 the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not
 annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Portfolio turnover rate is not annualized for
 periods less than one year and does not include in-kind transactions, if any, from processing creations or redemptions.

The accompanying notes are an integral part of the financial statements.

107<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Financial Highlights (continued)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity Buffer20 Jan ETF**  | **AllianzIM U.S. Equity Buffer20 Jan ETF**  | **AllianzIM U.S. Equity Buffer20 Jan ETF**  | **AllianzIM U.S. Equity Buffer20 Jan ETF**  | **AllianzIM U.S. Equity Buffer20 Jan ETF**  | **AllianzIM U.S. Equity Buffer20 Jan ETF**  |
|  | **For the**<br>**Year Ended**<br>**October 31,**<br>**2025** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2024** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2023** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2022+** | **For the**<br>**Year Ended**<br>**September 30,** <br>**2022** | **For the**<br>**Period Ended**<br>**September 30,** <br>**2021\***  |
| **NET ASSET VALUE, Beginning of Period** | &nbsp;&nbsp; **$33.09** | &nbsp;&nbsp; **$28.53** | &nbsp;&nbsp; **$25.56** | &nbsp;&nbsp;&nbsp; **$24.60** | &nbsp;&nbsp;&nbsp;&nbsp; **$26.22** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.00**  |
| **Income (loss) from operations:**<br>|  |  |  |  |  |  |
| Net investment income (loss)<sup>(a)</sup> | &nbsp;&nbsp; (0.25) | &nbsp;&nbsp; (0.23) | &nbsp;&nbsp; (0.20) | &nbsp;&nbsp;&nbsp; (0.02) | &nbsp;&nbsp;&nbsp;&nbsp; (0.19) | &nbsp;&nbsp;&nbsp;&nbsp; (0.14)  |
| Net realized and unrealized gain (loss) | 3.60 | 4.79 | &nbsp;&nbsp;&nbsp;&nbsp;3.17 | &nbsp;&nbsp;&nbsp;&nbsp;0.98 | &nbsp;&nbsp;&nbsp;&nbsp; (1.43) | &nbsp;&nbsp;&nbsp;&nbsp;1.36  |
| Total income (loss) from operations | 3.35 | 4.56 | &nbsp;&nbsp;&nbsp;&nbsp;2.97 | &nbsp;&nbsp;&nbsp;&nbsp;0.96 | &nbsp;&nbsp;&nbsp;&nbsp; (1.62) | &nbsp;&nbsp;&nbsp;&nbsp;1.22  |
| **NET ASSET VALUE, End of Period** | &nbsp;&nbsp; **$36.44** | &nbsp;&nbsp; **$33.09** | &nbsp;&nbsp; **$28.53** | &nbsp;&nbsp;&nbsp; **$25.56** | &nbsp;&nbsp;&nbsp;&nbsp; **$24.60** | &nbsp;&nbsp;&nbsp;&nbsp; **$26.22**  |
| **MARKET PRICE, End of Period** | &nbsp;&nbsp; **$36.42** | &nbsp;&nbsp; **$33.08** | &nbsp;&nbsp; **$28.55** | &nbsp;&nbsp;&nbsp; **$25.54** | &nbsp;&nbsp;&nbsp;&nbsp; **$24.51** | &nbsp;&nbsp;&nbsp;&nbsp; **$26.26**  |
| **NET ASSET VALUE, Total Return<sup>(b)</sup>** | &nbsp;&nbsp; **10.13%** | &nbsp;&nbsp; **15.98%** | &nbsp;&nbsp; **11.59%** | &nbsp;&nbsp;&nbsp; **3.90%** | &nbsp;&nbsp;&nbsp;&nbsp; **(6.18)%** | &nbsp;&nbsp;&nbsp;&nbsp; **4.90%**  |
| **MARKET PRICE, Total Return<sup>(c)</sup>** | &nbsp;&nbsp; **10.08%** | &nbsp;&nbsp; **15.90%** | &nbsp;&nbsp; **11.79%** | &nbsp;&nbsp;&nbsp; **4.17%** | &nbsp;&nbsp;&nbsp;&nbsp; **(6.67)%** | &nbsp;&nbsp;&nbsp;&nbsp; **5.06%**  |
| Net assets, End of Period ($ thousands) | &nbsp;&nbsp; $288755 | &nbsp;&nbsp; $199340 | &nbsp;&nbsp; $97703 | &nbsp;&nbsp;&nbsp; $54961 | &nbsp;&nbsp;&nbsp;&nbsp; $54745 | &nbsp;&nbsp;&nbsp;&nbsp; $58350  |
| Ratios of Average Net Assets<br>|  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Net Expenses | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp; 0.74%† | &nbsp;&nbsp;&nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp;&nbsp; 0.74%†  |
| &nbsp;&nbsp;&nbsp; Net Investment Income | &nbsp;&nbsp; (0.73)% | &nbsp;&nbsp; (0.72)% | &nbsp;&nbsp; (0.71)% | &nbsp;&nbsp;&nbsp; (0.74)%† | &nbsp;&nbsp;&nbsp;&nbsp; (0.74)% | &nbsp;&nbsp;&nbsp;&nbsp; (0.74)%†  |
| Portfolio turnover<sup>(d)</sup> | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

\* The Fund commenced operations on December 31, 2020.

+ Effective October 31, 2022, the Fund changed its fiscal year end from September 30 to October 31.

&nbsp;&nbsp;&nbsp;&nbsp;† Annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(a) Per share amounts have been calculated using the
 average shares method.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Net asset value total return is calculated assuming
 an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value
 during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments
 in accordance with accounting principles generally accepted in the United States of America ("GAAP") and as such, the net
 asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and
 returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Market price total return is calculated assuming
 an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during
 the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not
 annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Portfolio turnover rate is not annualized for
 periods less than one year and does not include in-kind transactions, if any, from processing creations or redemptions.

The accompanying notes are an integral part of the financial statements.

108<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Financial Highlights (continued)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity** <br>**Buffer20 Feb ETF** | **AllianzIM U.S. Equity** <br>**Buffer20 Feb ETF** | **AllianzIM U.S. Equity** <br>**Buffer20 Feb ETF** | **AllianzIM U.S. Equity** <br>**Buffer20 Mar ETF**  | **AllianzIM U.S. Equity** <br>**Buffer20 Mar ETF**  | **AllianzIM U.S. Equity** <br>**Buffer20 Mar ETF**  |
|  | **For the**<br>**Year Ended**<br>**October 31,**<br>**2025** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2024** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2023\*** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2025** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2024** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2023\*\***  |
| **NET ASSET VALUE, Beginning of Period** | &nbsp;&nbsp; **$30.44** | &nbsp;&nbsp; **$25.86** | &nbsp;&nbsp;&nbsp; **$25.00** | &nbsp;&nbsp; **$30.45** | &nbsp;&nbsp; **$26.30** | &nbsp;&nbsp;&nbsp; **$25.00**  |
| **Income (loss) from operations:**<br>|  |  |  |  |  |  |
| Net investment income (loss)<sup>(a)</sup> | &nbsp;&nbsp; (0.23) | &nbsp;&nbsp; (0.21)<sup>ε</sup> | &nbsp;&nbsp;&nbsp; (0.14) | &nbsp;&nbsp; (0.23) | &nbsp;&nbsp; (0.21) | &nbsp;&nbsp;&nbsp; (0.12)  |
| Net realized and unrealized gain (loss) | 3.20 | &nbsp;&nbsp;&nbsp;&nbsp;4.83 | &nbsp;&nbsp;&nbsp;&nbsp;1.00 | &nbsp;&nbsp;&nbsp;&nbsp;3.62 | &nbsp;&nbsp;&nbsp;&nbsp;4.36 | &nbsp;&nbsp;&nbsp;&nbsp;1.42  |
| Total income (loss) from operations | 2.97 | &nbsp;&nbsp;&nbsp;&nbsp;4.62 | &nbsp;&nbsp;&nbsp;&nbsp;0.86 | &nbsp;&nbsp;&nbsp;&nbsp;3.39 | &nbsp;&nbsp;&nbsp;&nbsp;4.15 | &nbsp;&nbsp;&nbsp;&nbsp;1.30  |
| **Distributions:**<br>|  |  |  |  |  |  |
| From net realized gains | &nbsp;&nbsp; — | &nbsp;&nbsp; (0.04) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; —  |
| **NET ASSET VALUE, End of Period** | &nbsp;&nbsp; **$33.41** | &nbsp;&nbsp; **$30.44** | &nbsp;&nbsp;&nbsp; **$25.86** | &nbsp;&nbsp; **$33.84** | &nbsp;&nbsp; **$30.45** | &nbsp;&nbsp;&nbsp; **$26.30**  |
| **MARKET PRICE, End of Period** | &nbsp;&nbsp; **$33.40** | &nbsp;&nbsp; **$30.46** | &nbsp;&nbsp;&nbsp; **$25.89** | &nbsp;&nbsp; **$33.81** | &nbsp;&nbsp; **$30.47** | &nbsp;&nbsp;&nbsp; **$26.31**  |
| **NET ASSET VALUE, Total Return<sup>(b)</sup>** | &nbsp;&nbsp; **9.73%** | &nbsp;&nbsp; **17.91%<sup>ε</sup>** | &nbsp;&nbsp;&nbsp; **3.43%** | &nbsp;&nbsp; **11.12%** | &nbsp;&nbsp; **15.79%** | &nbsp;&nbsp;&nbsp; **5.18%**  |
| **MARKET PRICE, Total Return<sup>(c)</sup>** | &nbsp;&nbsp; **9.62%** | &nbsp;&nbsp; **17.85%** | &nbsp;&nbsp;&nbsp; **3.56%** | &nbsp;&nbsp; **10.96%** | &nbsp;&nbsp; **15.79%** | &nbsp;&nbsp;&nbsp; **5.26%**  |
| Net assets, End of Period ($ thousands) | &nbsp;&nbsp; $102725 | &nbsp;&nbsp; $66216 | &nbsp;&nbsp;&nbsp; $49778 | &nbsp;&nbsp; $68516 | &nbsp;&nbsp; $70793 | &nbsp;&nbsp;&nbsp; $25639  |
| Ratios of Average Net Assets<br>|  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Total Expenses | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74%<sup>ε</sup> | &nbsp;&nbsp;&nbsp; 0.74%† | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp; 0.74%†  |
| &nbsp;&nbsp;&nbsp; Net Expenses | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp; 0.74%† | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp; 0.74%†  |
| &nbsp;&nbsp;&nbsp; Net Investment Income | &nbsp;&nbsp; (0.72)% | &nbsp;&nbsp; (0.72)%<sup>ε</sup> | &nbsp;&nbsp;&nbsp; (0.71)%† | &nbsp;&nbsp; (0.72)% | &nbsp;&nbsp; (0.73)% | &nbsp;&nbsp;&nbsp; (0.71)%†  |
| Portfolio turnover<sup>(d)</sup> | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |

---

\* The Fund commenced operations on January 31, 2023.

\*\* The Fund commenced operations on February 28, 2023.

&nbsp;&nbsp;&nbsp;&nbsp;† Annualized.

---

| | |
|:---|:---|
| ε<br>| The expense reimbursement on the Statement of Operations represents a voluntary reimbursement from the Administrator, Brown Brothers Harriman & Co. The impact of this voluntary reimbursement was immaterial to the net investment income per share and the Fund's total return, representing less than $0.005 per share. Without this voluntary reimbursement the ratio of average net assets to net investment income would have been (0.72)%. |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Per share amounts have been calculated using the
 average shares method.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Net asset value total return is calculated assuming
 an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value
 during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments
 in accordance with accounting principles generally accepted in the United States of America ("GAAP") and as such, the net
 asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and
 returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Market price total return is calculated assuming
 an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during
 the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not
 annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Portfolio turnover rate is not annualized for
 periods less than one year and does not include in-kind transactions, if any, from processing creations or redemptions.

The accompanying notes are an integral part of the financial statements.

109<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Financial Highlights (continued)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity Buffer20 Apr ETF**  | **AllianzIM U.S. Equity Buffer20 Apr ETF**  | **AllianzIM U.S. Equity Buffer20 Apr ETF**  | **AllianzIM U.S. Equity Buffer20 Apr ETF**  | **AllianzIM U.S. Equity Buffer20 Apr ETF**  | **AllianzIM U.S. Equity Buffer20 Apr ETF**  |
|  | **For the** <br>**Year Ended** <br>**October 31,** <br>**2025** | **For the** <br>**Year Ended** <br>**October 31,** <br>**2024** | **For the** <br>**Year Ended**<br>**October 31,**<br>**2023** | **For the** <br>**Period Ended**<br>**October 31,**<br>**2022+** | **For the** <br>**Year Ended**<br>**September 30,**<br>**2022** | **For the** <br>**Year Ended**<br>**September 30,**<br>**2021**  |
| **NET ASSET VALUE, Beginning of Period** | &nbsp;&nbsp; **$32.18** | &nbsp;&nbsp; **$27.75** | &nbsp;&nbsp; **$25.98** | &nbsp;&nbsp;&nbsp; **$25.16** | &nbsp;&nbsp;&nbsp;&nbsp; **$26.49** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.69**  |
| **Income (loss) from operations:**<br>|  |  |  |  |  |  |
| Net investment income (loss)<sup>(a)</sup> | &nbsp;&nbsp; (0.24) | &nbsp;&nbsp; (0.22) | &nbsp;&nbsp; (0.20) | &nbsp;&nbsp;&nbsp; (0.02) | &nbsp;&nbsp;&nbsp;&nbsp; (0.19) | &nbsp;&nbsp;&nbsp;&nbsp; (0.20)  |
| Net realized and unrealized gain (loss) | 2.46 | 4.65 | 1.97 | &nbsp;&nbsp;&nbsp;&nbsp;0.84 | &nbsp;&nbsp;&nbsp;&nbsp; (1.14) | &nbsp;&nbsp;&nbsp;&nbsp;1.70  |
| Total income (loss) from operations | 2.22 | 4.43 | 1.77 | &nbsp;&nbsp;&nbsp;&nbsp;0.82 | &nbsp;&nbsp;&nbsp;&nbsp; (1.33) | &nbsp;&nbsp;&nbsp;&nbsp;1.50  |
| **Distributions:**<br>|  |  |  |  |  |  |
| From net realized gains | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (0.70)  |
| **NET ASSET VALUE, End of Period** | &nbsp;&nbsp; **$34.40** | &nbsp;&nbsp; **$32.18** | &nbsp;&nbsp; **$27.75** | &nbsp;&nbsp;&nbsp; **$25.98** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.16** | &nbsp;&nbsp;&nbsp;&nbsp; **$26.49**  |
| **MARKET PRICE, End of Period** | &nbsp;&nbsp; **$34.38** | &nbsp;&nbsp; **$32.19** | &nbsp;&nbsp; **$27.76** | &nbsp;&nbsp;&nbsp; **$25.95** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.05** | &nbsp;&nbsp;&nbsp;&nbsp; **$26.53**  |
| **NET ASSET VALUE, Total Return<sup>(b)</sup>** | &nbsp;&nbsp; **6.92%** | &nbsp;&nbsp; **15.93%** | &nbsp;&nbsp; **6.81%** | &nbsp;&nbsp;&nbsp; **3.29%** | &nbsp;&nbsp;&nbsp;&nbsp; **(5.02)%** | &nbsp;&nbsp;&nbsp;&nbsp; **5.90%**  |
| **MARKET PRICE, Total Return<sup>(c)</sup>** | &nbsp;&nbsp; **6.82%** | &nbsp;&nbsp; **15.98%** | &nbsp;&nbsp; **6.94%** | &nbsp;&nbsp;&nbsp; **3.62%** | &nbsp;&nbsp;&nbsp;&nbsp; **(5.57)%** | &nbsp;&nbsp;&nbsp;&nbsp; **5.81%**  |
| Net assets, End of Period ($ thousands) | &nbsp;&nbsp; $169569 | &nbsp;&nbsp; $176290 | &nbsp;&nbsp; $129167 | &nbsp;&nbsp;&nbsp; $58566 | &nbsp;&nbsp;&nbsp;&nbsp; $57961 | &nbsp;&nbsp;&nbsp;&nbsp; $23281  |
| Ratios of Average Net Assets<br>|  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Net Expenses | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp; 0.74%† | &nbsp;&nbsp;&nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp;&nbsp; 0.74%  |
| &nbsp;&nbsp;&nbsp; Net Investment Income | &nbsp;&nbsp; (0.72)% | &nbsp;&nbsp; (0.72)% | &nbsp;&nbsp; (0.71)% | &nbsp;&nbsp;&nbsp; (0.74)%† | &nbsp;&nbsp;&nbsp;&nbsp; (0.74)% | &nbsp;&nbsp;&nbsp;&nbsp; (0.74)%  |
| Portfolio turnover<sup>(d)</sup> | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

+ Effective October 31, 2022, the Fund changed its fiscal year end from September 30 to October 31.

&nbsp;&nbsp;&nbsp;&nbsp;† Annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(a) Per share amounts have been calculated using the
 average shares method.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Net asset value total return is calculated assuming
 an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value
 during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments
 in accordance with accounting principles generally accepted in the United States of America ("GAAP") and as such, the net
 asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and
 returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Market price total return is calculated assuming
 an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during
 the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not
 annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Portfolio turnover rate is not annualized for
 periods less than one year and does not include in-kind transactions, if any, from processing creations or redemptions.

The accompanying notes are an integral part of the financial statements.

110<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Financial Highlights (continued)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity** <br>**Buffer20 May ETF** | **AllianzIM U.S. Equity** <br>**Buffer20 May ETF** | **AllianzIM U.S. Equity** <br>**Buffer20 May ETF** | **AllianzIM U.S. Equity** <br>**Buffer20 Jun ETF**  | **AllianzIM U.S. Equity** <br>**Buffer20 Jun ETF**  | **AllianzIM U.S. Equity** <br>**Buffer20 Jun ETF**  |
|  | **For the**<br>**Year Ended**<br>**October 31,**<br>**2025** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2024** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2023\*** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2025** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2024** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2023\*\***  |
| **NET ASSET VALUE, Beginning of Period** | &nbsp;&nbsp; **$30.03** | &nbsp;&nbsp; **$25.43** | &nbsp;&nbsp;&nbsp; **$25.00** | &nbsp;&nbsp; **$29.49** | &nbsp;&nbsp; **$25.34** | &nbsp;&nbsp;&nbsp; **$25.00**  |
| **Income (loss) from operations:**<br>|  |  |  |  |  |  |
| Net investment income (loss)<sup>(a)</sup> | &nbsp;&nbsp; (0.23) | &nbsp;&nbsp; (0.20) | &nbsp;&nbsp;&nbsp; (0.10) | &nbsp;&nbsp; (0.22) | &nbsp;&nbsp; (0.20) | &nbsp;&nbsp;&nbsp; (0.08)  |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;3.30 | &nbsp;&nbsp;&nbsp;&nbsp;4.80 | &nbsp;&nbsp;&nbsp;&nbsp;0.53 | &nbsp;&nbsp;&nbsp;&nbsp;3.70 | &nbsp;&nbsp;&nbsp;&nbsp;4.35 | &nbsp;&nbsp;&nbsp;&nbsp;0.42  |
| Total income (loss) from operations | &nbsp;&nbsp;&nbsp;&nbsp;3.07 | &nbsp;&nbsp;&nbsp;&nbsp;4.60 | &nbsp;&nbsp;&nbsp;&nbsp;0.43 | &nbsp;&nbsp;&nbsp;&nbsp;3.48 | &nbsp;&nbsp;&nbsp;&nbsp;4.15 | &nbsp;&nbsp;&nbsp;&nbsp;0.34  |
| **NET ASSET VALUE, End of Period** | &nbsp;&nbsp; **$33.10** | &nbsp;&nbsp; **$30.03** | &nbsp;&nbsp;&nbsp; **$25.43** | &nbsp;&nbsp; **$32.97** | &nbsp;&nbsp; **$29.49** | &nbsp;&nbsp;&nbsp; **$25.34**  |
| **MARKET PRICE, End of Period** | &nbsp;&nbsp; **$33.11** | &nbsp;&nbsp; **$30.05** | &nbsp;&nbsp;&nbsp; **$25.50** | &nbsp;&nbsp; **$32.98** | &nbsp;&nbsp; **$29.56** | &nbsp;&nbsp;&nbsp; **$25.34**  |
| **NET ASSET VALUE, Total Return<sup>(b)</sup>** | &nbsp;&nbsp; **10.24%** | &nbsp;&nbsp; **18.10%** | &nbsp;&nbsp;&nbsp; **1.71%** | &nbsp;&nbsp; **11.80%** | &nbsp;&nbsp; **16.36%** | &nbsp;&nbsp;&nbsp; **1.37%**  |
| **MARKET PRICE, Total Return<sup>(c)</sup>** | &nbsp;&nbsp; **10.18%** | &nbsp;&nbsp; **17.84%** | &nbsp;&nbsp;&nbsp; **2.01%** | &nbsp;&nbsp; **11.57%** | &nbsp;&nbsp; **16.65%** | &nbsp;&nbsp;&nbsp; **1.36%**  |
| Net assets, End of Period ($ thousands) | &nbsp;&nbsp; $68689 | &nbsp;&nbsp; $54050 | &nbsp;&nbsp;&nbsp; $78186 | &nbsp;&nbsp; $63467 | &nbsp;&nbsp; $52344 | &nbsp;&nbsp;&nbsp; $67158  |
| Ratios of Average Net Assets<br>|  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Net Expenses | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp; 0.74%† | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp; 0.74%†  |
| &nbsp;&nbsp;&nbsp; Net Investment Income | &nbsp;&nbsp; (0.73)% | &nbsp;&nbsp; (0.72)% | &nbsp;&nbsp;&nbsp; (0.73)%† | &nbsp;&nbsp; (0.72)% | &nbsp;&nbsp; (0.72)% | &nbsp;&nbsp;&nbsp; (0.71)%†  |
| Portfolio turnover<sup>(d)</sup> | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |

---

\* The Fund commenced operations on April 28, 2023.

\*\* The Fund commenced operations on May 31, 2023.

&nbsp;&nbsp;&nbsp;&nbsp;† Annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(a) Per share amounts have been calculated using the
 average shares method.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Net asset value total return is calculated assuming
 an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value
 during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments
 in accordance with accounting principles generally accepted in the United States of America ("GAAP") and as such, the net
 asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and
 returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Market price total return is calculated assuming
 an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during
 the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not
 annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Portfolio turnover rate is not annualized for
 periods less than one year and does not include in-kind transactions, if any, from processing creations or redemptions.

The accompanying notes are an integral part of the financial statements.

111<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Financial Highlights (continued)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity Buffer20 Jul ETF**  | **AllianzIM U.S. Equity Buffer20 Jul ETF**  | **AllianzIM U.S. Equity Buffer20 Jul ETF**  | **AllianzIM U.S. Equity Buffer20 Jul ETF**  | **AllianzIM U.S. Equity Buffer20 Jul ETF**  | **AllianzIM U.S. Equity Buffer20 Jul ETF**  |
|  | **For the**<br>**Year Ended**<br>**October 31,**<br>**2025** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2024** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2023** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2022+** | **For the**<br>**Year Ended**<br>**September 30,**<br>**2022** | **For the**<br>**Year Ended**<br>**September 30,**<br>**2021**  |
| **NET ASSET VALUE, Beginning of Period** | &nbsp;&nbsp; **$34.42** | &nbsp;&nbsp; **$29.08** | &nbsp;&nbsp; **$26.70** | &nbsp;&nbsp;&nbsp; **$25.77** | &nbsp;&nbsp;&nbsp; **$26.47** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.68**  |
| **Income (loss) from operations:**<br>|  |  |  |  |  |  |
| Net investment income (loss)<sup>(a)</sup> | &nbsp;&nbsp; (0.26) | &nbsp;&nbsp; (0.23) | &nbsp;&nbsp; (0.21) | &nbsp;&nbsp;&nbsp; (0.02) | &nbsp;&nbsp;&nbsp; (0.20) | &nbsp;&nbsp;&nbsp;&nbsp; (0.20)  |
| Net realized and unrealized gain (loss) | 4.49 | 5.57 | 2.59 | &nbsp;&nbsp;&nbsp;&nbsp;0.95 | &nbsp;&nbsp;&nbsp; (0.50) | &nbsp;&nbsp;&nbsp;&nbsp;1.57  |
| Total income (loss) from operations | 4.23 | 5.34 | 2.38 | &nbsp;&nbsp;&nbsp;&nbsp;0.93 | &nbsp;&nbsp;&nbsp; (0.70) | &nbsp;&nbsp;&nbsp;&nbsp;1.37  |
| **Distributions:**<br>|  |  |  |  |  |  |
| From net realized gains | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (0.58)  |
| **NET ASSET VALUE, End of Period** | &nbsp;&nbsp; **$38.65** | &nbsp;&nbsp; **$34.42** | &nbsp;&nbsp; **$29.08** | &nbsp;&nbsp;&nbsp; **$26.70** | &nbsp;&nbsp;&nbsp; **$25.77** | &nbsp;&nbsp;&nbsp;&nbsp; **$26.47**  |
| **MARKET PRICE, End of Period** | &nbsp;&nbsp; **$38.61** | &nbsp;&nbsp; **$34.38** | &nbsp;&nbsp; **$29.08** | &nbsp;&nbsp;&nbsp; **$26.75** | &nbsp;&nbsp;&nbsp; **$25.76** | &nbsp;&nbsp;&nbsp;&nbsp; **$26.51**  |
| **NET ASSET VALUE, Total Return<sup>(b)</sup>** | &nbsp;&nbsp; **12.30%** | &nbsp;&nbsp; **18.37%** | &nbsp;&nbsp; **8.92%** | &nbsp;&nbsp;&nbsp; **3.59%** | &nbsp;&nbsp;&nbsp; **(2.66)%** | &nbsp;&nbsp;&nbsp;&nbsp; **5.43%**  |
| **MARKET PRICE, Total Return<sup>(c)</sup>** | &nbsp;&nbsp; **12.30%** | &nbsp;&nbsp; **18.23%** | &nbsp;&nbsp; **8.73%** | &nbsp;&nbsp;&nbsp; **3.82%** | &nbsp;&nbsp;&nbsp; **(2.83)%** | &nbsp;&nbsp;&nbsp;&nbsp; **5.23%**  |
| Net assets, End of Period ($ thousands) | &nbsp;&nbsp; $307278 | &nbsp;&nbsp; $199632 | &nbsp;&nbsp; $212269 | &nbsp;&nbsp;&nbsp; $122808 | &nbsp;&nbsp;&nbsp; $112104 | &nbsp;&nbsp;&nbsp;&nbsp; $43021  |
| Ratios of Average Net Assets<br>|  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Net Expenses | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp; 0.74%† | &nbsp;&nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp;&nbsp; 0.74%  |
| &nbsp;&nbsp;&nbsp; Net Investment Income | &nbsp;&nbsp; (0.73)% | &nbsp;&nbsp; (0.72)% | &nbsp;&nbsp; (0.72)% | &nbsp;&nbsp;&nbsp; (0.74)%† | &nbsp;&nbsp;&nbsp; (0.74)% | &nbsp;&nbsp;&nbsp;&nbsp; (0.74)%  |
| Portfolio turnover<sup>(d)</sup> | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

+ Effective October 31, 2022, the Fund changed its fiscal year end from September 30 to October 31.

&nbsp;&nbsp;&nbsp;&nbsp;† Annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(a) Per share amounts have been calculated using the
 average shares method.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Net asset value total return is calculated assuming
 an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value
 during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments
 in accordance with accounting principles generally accepted in the United States of America ("GAAP") and as such, the net
 asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and
 returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Market price total return is calculated assuming
 an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during
 the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not
 annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Portfolio turnover rate is not annualized for
 periods less than one year and does not include in-kind transactions, if any, from processing creations or redemptions.

The accompanying notes are an integral part of the financial statements.

112<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Financial Highlights (continued)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity** <br>**Buffer20 Aug ETF** | **AllianzIM U.S. Equity** <br>**Buffer20 Aug ETF** | **AllianzIM U.S. Equity** <br>**Buffer20 Aug ETF** | **AllianzIM U.S. Equity** <br>**Buffer20 Sep ETF**  | **AllianzIM U.S. Equity** <br>**Buffer20 Sep ETF**  | **AllianzIM U.S. Equity** <br>**Buffer20 Sep ETF**  |
|  | **For the**<br>**Year Ended**<br>**October 31,**<br>**2025** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2024** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2023\*** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2025** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2024** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2023\*\***  |
| **NET ASSET VALUE, Beginning of Period** | &nbsp;&nbsp; **$28.75** | &nbsp;&nbsp; **$24.04** | &nbsp;&nbsp;&nbsp; **$25.00** | &nbsp;&nbsp; **$28.40** | &nbsp;&nbsp; **$24.21** | &nbsp;&nbsp;&nbsp; **$25.00**  |
| **Income (loss) from operations:**<br>|  |  |  |  |  |  |
| Net investment income (loss)<sup>(a)</sup> | &nbsp;&nbsp; (0.21) | &nbsp;&nbsp; (0.20) | &nbsp;&nbsp;&nbsp; (0.04) | &nbsp;&nbsp; (0.22) | &nbsp;&nbsp; (0.20) | &nbsp;&nbsp;&nbsp; (0.03)  |
| Net realized and unrealized gain (loss) | 3.61 | 4.91 | &nbsp;&nbsp;&nbsp; (0.92) | 3.40 | 4.39 | &nbsp;&nbsp;&nbsp; (0.76)  |
| Total income (loss) from operations | 3.40 | 4.71 | &nbsp;&nbsp;&nbsp; (0.96) | 3.18 | 4.19 | &nbsp;&nbsp;&nbsp; (0.79)  |
| **NET ASSET VALUE, End of Period** | &nbsp;&nbsp; **$32.15** | &nbsp;&nbsp; **$28.75** | &nbsp;&nbsp;&nbsp; **$24.04** | &nbsp;&nbsp; **$31.58** | &nbsp;&nbsp; **$28.40** | &nbsp;&nbsp;&nbsp; **$24.21**  |
| **MARKET PRICE, End of Period** | &nbsp;&nbsp; **$32.13** | &nbsp;&nbsp; **$28.72** | &nbsp;&nbsp;&nbsp; **$24.05** | &nbsp;&nbsp; **$31.55** | &nbsp;&nbsp; **$28.36** | &nbsp;&nbsp;&nbsp; **$24.21**  |
| **NET ASSET VALUE, Total Return<sup>(b)</sup>** | &nbsp;&nbsp; **11.82%** | &nbsp;&nbsp; **19.59%** | &nbsp;&nbsp;&nbsp; **(3.82)%** | &nbsp;&nbsp; **11.18%** | &nbsp;&nbsp; **17.31%** | &nbsp;&nbsp;&nbsp; **(3.15)%**  |
| **MARKET PRICE, Total Return<sup>(c)</sup>** | &nbsp;&nbsp; **11.87%** | &nbsp;&nbsp; **19.42%** | &nbsp;&nbsp;&nbsp; **(3.80)%** | &nbsp;&nbsp; **11.25%** | &nbsp;&nbsp; **17.14%** | &nbsp;&nbsp;&nbsp; **(3.16)%**  |
| Net assets, End of Period ($ thousands) | &nbsp;&nbsp; $151117 | &nbsp;&nbsp; $349363 | &nbsp;&nbsp;&nbsp; $155684 | &nbsp;&nbsp; $292106 | &nbsp;&nbsp; $264159 | &nbsp;&nbsp;&nbsp; $31477  |
| Ratios of Average Net Assets<br>|  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Net Expenses | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp; 0.74%† | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp; 0.74%†  |
| &nbsp;&nbsp;&nbsp; Net Investment Income | &nbsp;&nbsp; (0.72)% | &nbsp;&nbsp; (0.72)% | &nbsp;&nbsp;&nbsp; (0.71)%† | &nbsp;&nbsp; (0.72)% | &nbsp;&nbsp; (0.73)% | &nbsp;&nbsp;&nbsp; (0.71)%†  |
| Portfolio turnover<sup>(d)</sup> | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |

---

\* The Fund commenced operations on July 31, 2023.

\*\* The Fund commenced operations on August 31, 2023.

&nbsp;&nbsp;&nbsp;&nbsp;† Annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(a) Per share amounts have been calculated using the
 average shares method.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Net asset value total return is calculated assuming
 an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value
 during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments
 in accordance with accounting principles generally accepted in the United States of America ("GAAP") and as such, the net
 asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and
 returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Market price total return is calculated assuming
 an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during
 the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not
 annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Portfolio turnover rate is not annualized for
 periods less than one year and does not include in-kind transactions, if any, from processing creations or redemptions.

The accompanying notes are an integral part of the financial statements.

113<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Financial Highlights (continued)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity Buffer20 Oct ETF**  | **AllianzIM U.S. Equity Buffer20 Oct ETF**  | **AllianzIM U.S. Equity Buffer20 Oct ETF**  | **AllianzIM U.S. Equity Buffer20 Oct ETF**  | **AllianzIM U.S. Equity Buffer20 Oct ETF**  | **AllianzIM U.S. Equity Buffer20 Oct ETF**  |
|  | **For the**<br>**Year Ended**<br>**October 31,** <br>**2025** | **For the**<br>**Year Ended**<br>**October 31,** <br>**2024** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2023** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2022+** | **For the**<br>**Year Ended**<br>**September 30,**<br>**2022** | **For the**<br>**Year Ended**<br>**September 30,**<br>**2021**  |
| **NET ASSET VALUE, Beginning of Period** | &nbsp;&nbsp; **$34.92** | &nbsp;&nbsp; **$30.77** | &nbsp;&nbsp; **$27.46** | &nbsp;&nbsp;&nbsp; **$26.69** | &nbsp;&nbsp;&nbsp;&nbsp; **$26.89** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.00**  |
| **Income (loss) from operations:**<br>|  |  |  |  |  |  |
| Net investment income (loss)<sup>(a)</sup> | &nbsp;&nbsp; (0.26) | &nbsp;&nbsp; (0.24) | &nbsp;&nbsp; (0.21) | &nbsp;&nbsp;&nbsp; (0.02) | &nbsp;&nbsp;&nbsp;&nbsp; (0.20) | &nbsp;&nbsp;&nbsp;&nbsp; (0.19)  |
| Net realized and unrealized gain (loss) | 3.96 | 4.39 | 3.52 | &nbsp;&nbsp;&nbsp;&nbsp;0.79 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;2.08  |
| Total income (loss) from operations | 3.70 | 4.15 | 3.31 | &nbsp;&nbsp;&nbsp;&nbsp;0.77 | &nbsp;&nbsp;&nbsp;&nbsp; (0.20) | &nbsp;&nbsp;&nbsp;&nbsp;1.89  |
| **NET ASSET VALUE, End of Period** | &nbsp;&nbsp; **$38.62** | &nbsp;&nbsp; **$34.92** | &nbsp;&nbsp; **$30.77** | &nbsp;&nbsp;&nbsp; **$27.46** | &nbsp;&nbsp;&nbsp;&nbsp; **$26.69** | &nbsp;&nbsp;&nbsp;&nbsp; **$26.89**  |
| **MARKET PRICE, End of Period** | &nbsp;&nbsp; **$38.63** | &nbsp;&nbsp; **$34.94** | &nbsp;&nbsp; **$30.85** | &nbsp;&nbsp;&nbsp; **$27.52** | &nbsp;&nbsp;&nbsp;&nbsp; **$26.75** | &nbsp;&nbsp;&nbsp;&nbsp; **$26.92**  |
| **NET ASSET VALUE, Total Return<sup>(b)</sup>** | &nbsp;&nbsp; **10.58%** | &nbsp;&nbsp; **13.51%** | &nbsp;&nbsp; **12.04%** | &nbsp;&nbsp;&nbsp; **2.90%** | &nbsp;&nbsp;&nbsp;&nbsp; **(0.75)%** | &nbsp;&nbsp;&nbsp;&nbsp; **7.57%**  |
| **MARKET PRICE, Total Return<sup>(c)</sup>** | &nbsp;&nbsp; **10.58%** | &nbsp;&nbsp; **13.24%** | &nbsp;&nbsp; **12.09%** | &nbsp;&nbsp;&nbsp; **2.91%** | &nbsp;&nbsp;&nbsp;&nbsp; **(0.65)%** | &nbsp;&nbsp;&nbsp;&nbsp; **7.68%**  |
| Net assets, End of Period ($ thousands) | &nbsp;&nbsp; $328250 | &nbsp;&nbsp; $310814 | &nbsp;&nbsp; $129219 | &nbsp;&nbsp;&nbsp; $155835 | &nbsp;&nbsp;&nbsp;&nbsp; $87396 | &nbsp;&nbsp;&nbsp;&nbsp; $30922  |
| Ratios of Average Net Assets |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Net Expenses | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp; 0.74%† | &nbsp;&nbsp;&nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp;&nbsp; 0.74%  |
| &nbsp;&nbsp;&nbsp; Net Investment Income | &nbsp;&nbsp; (0.73)% | &nbsp;&nbsp; (0.72)% | &nbsp;&nbsp; (0.71)% | &nbsp;&nbsp;&nbsp; (0.72)%† | &nbsp;&nbsp;&nbsp;&nbsp; (0.74)% | &nbsp;&nbsp;&nbsp;&nbsp; (0.74)%  |
| Portfolio turnover<sup>(d)</sup> | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

+ Effective October 31, 2022, the Fund changed its fiscal year end from September 30 to October 31.

&nbsp;&nbsp;&nbsp;&nbsp;† Annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(a) Per share amounts have been calculated using the
 average shares method.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Net asset value total return is calculated assuming
 an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value
 during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments
 in accordance with accounting principles generally accepted in the United States of America ("GAAP") and as such, the net
 asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and
 returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Market price total return is calculated assuming
 an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during
 the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not
 annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Portfolio turnover rate is not annualized for
 periods less than one year and does not include in-kind transactions, if any, from processing creations or redemptions.

The accompanying notes are an integral part of the financial statements.

114<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Financial Highlights (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity Buffer20 Nov ETF**  | **AllianzIM U.S. Equity Buffer20 Nov ETF**  | **AllianzIM U.S. Equity Buffer20 Nov ETF**  | **AllianzIM U.S. Equity Buffer20 Nov ETF**  |
|  | **For the**<br>**Year Ended**<br>**October 31,**<br>**2025** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2024** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2023** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2022\***  |
| **NET ASSET VALUE, Beginning of Period** | &nbsp;&nbsp; **$30.40** | &nbsp;&nbsp; **$26.85** | &nbsp;&nbsp; **$24.99** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.00**  |
| **Income (loss) from operations:**<br>|  |  |  |  |
| Net investment income (loss)<sup>(a)</sup> | &nbsp;&nbsp; (0.23) | &nbsp;&nbsp; (0.21) | &nbsp;&nbsp; (0.19) | &nbsp;&nbsp;&nbsp;&nbsp; —  |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;3.35 | &nbsp;&nbsp;&nbsp;&nbsp;3.76 | &nbsp;&nbsp;&nbsp;&nbsp;2.05 | &nbsp;&nbsp;&nbsp;&nbsp; (0.01)  |
| Total income (loss) from operations | &nbsp;&nbsp;&nbsp;&nbsp;3.12 | &nbsp;&nbsp;&nbsp;&nbsp;3.55 | &nbsp;&nbsp;&nbsp;&nbsp;1.86 | &nbsp;&nbsp;&nbsp;&nbsp; (0.01)  |
| **NET ASSET VALUE, End of Period** | &nbsp;&nbsp; **$33.52** | &nbsp;&nbsp; **$30.40** | &nbsp;&nbsp; **$26.85** | &nbsp;&nbsp;&nbsp;&nbsp; **$24.99**  |
| **MARKET PRICE, End of Period** | &nbsp;&nbsp; **$33.56** | &nbsp;&nbsp; **$30.44** | &nbsp;&nbsp; **$26.89** | &nbsp;&nbsp;&nbsp;&nbsp; —  |
| **NET ASSET VALUE, Total Return<sup>(b)</sup>** | &nbsp;&nbsp; **10.26%** | &nbsp;&nbsp; **13.19%** | &nbsp;&nbsp; **7.46%** | &nbsp;&nbsp;&nbsp;&nbsp; **(0.04)%**  |
| **MARKET PRICE, Total Return<sup>(c)</sup>** | &nbsp;&nbsp; **10.25%** | &nbsp;&nbsp; **13.19%** | &nbsp;&nbsp; **7.57%** | &nbsp;&nbsp;&nbsp;&nbsp; **—**  |
| Net assets, End of Period ($ thousands) | &nbsp;&nbsp; $57815 | &nbsp;&nbsp; $31156 | &nbsp;&nbsp; $19469 | &nbsp;&nbsp;&nbsp;&nbsp; $4998  |
| Ratios of Average Net Assets<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Net Expenses | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp;&nbsp; —  |
| &nbsp;&nbsp;&nbsp; Net Investment Income | &nbsp;&nbsp; (0.73)% | &nbsp;&nbsp; (0.72)% | &nbsp;&nbsp; (0.71)% | &nbsp;&nbsp;&nbsp;&nbsp; —  |
| Portfolio turnover<sup>(d)</sup> | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

\* The Fund commenced operations on October 31, 2022.

&nbsp;&nbsp;&nbsp;&nbsp;(a) Per share amounts have been calculated using the
 average shares method.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Net asset value total return is calculated assuming
 an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value
 during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments
 in accordance with accounting principles generally accepted in the United States of America ("GAAP") and as such, the net
 asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and
 returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Market price total return is calculated assuming
 an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during
 the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not
 annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Portfolio turnover rate is not annualized for
 periods less than one year and does not include in-kind transactions, if any, from processing creations or redemptions.

The accompanying notes are an integral part of the financial statements.

115<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Financial Highlights (continued)** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity** <br>**Buffer20 Dec ETF** | **AllianzIM U.S. Equity** <br>**Buffer20 Dec ETF** | **AllianzIM U.S. Equity** <br>**Buffer20 Dec ETF** | **AllianzIM U.S.** <br>**Equity** <br>**Buffer15** <br>**Uncapped** <br>**Jan ETF** | **AllianzIM U.S.** <br>**Equity** <br>**Buffer15** <br>**Uncapped** <br>**Feb ETF**  |
|  | **For the**<br>**Year Ended**<br>**October 31,**<br>**2025** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2024** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2023\*** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2025\*\*** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2025\*\*\***  |
| **NET ASSET VALUE, Beginning of Period** | &nbsp;&nbsp; **$30.45** | &nbsp;&nbsp; **$25.66** | &nbsp;&nbsp;&nbsp; **$25.00** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.00** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.00**  |
| **Income (loss) from operations:**<br>|  |  |  |  |  |
| Net investment income (loss)<sup>(a)</sup> | &nbsp;&nbsp; (0.23) | &nbsp;&nbsp; (0.21)<sup>ε</sup> | &nbsp;&nbsp;&nbsp; (0.17) | &nbsp;&nbsp;&nbsp;&nbsp; (0.16) | &nbsp;&nbsp;&nbsp;&nbsp; (0.14)  |
| Net realized and unrealized gain (loss) | 3.17 | &nbsp;&nbsp;&nbsp;&nbsp;5.36 | &nbsp;&nbsp;&nbsp;&nbsp;0.83 | &nbsp;&nbsp;&nbsp;&nbsp;3.36 | &nbsp;&nbsp;&nbsp;&nbsp;2.96  |
| Total income (loss) from operations | 2.94 | &nbsp;&nbsp;&nbsp;&nbsp;5.15 | &nbsp;&nbsp;&nbsp;&nbsp;0.66 | &nbsp;&nbsp;&nbsp;&nbsp;3.20 | &nbsp;&nbsp;&nbsp;&nbsp;2.82  |
| **Distributions:**<br>|  |  |  |  |  |
| From net realized gains | &nbsp;&nbsp; — | &nbsp;&nbsp; (0.36) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; —  |
| **NET ASSET VALUE, End of Period** | &nbsp;&nbsp; **$33.39** | &nbsp;&nbsp; **$30.45** | &nbsp;&nbsp;&nbsp; **$25.66** | &nbsp;&nbsp;&nbsp;&nbsp; **$28.20** | &nbsp;&nbsp;&nbsp;&nbsp; **$27.82**  |
| **MARKET PRICE, End of Period** | &nbsp;&nbsp; **$33.37** | &nbsp;&nbsp; **$30.42** | &nbsp;&nbsp;&nbsp; **$25.70** | &nbsp;&nbsp;&nbsp;&nbsp; **$28.21** | &nbsp;&nbsp;&nbsp;&nbsp; **$27.83**  |
| **NET ASSET VALUE, Total Return<sup>(b)</sup>** | &nbsp;&nbsp; **9.66%** | &nbsp;&nbsp; **20.18%<sup>ε</sup>** | &nbsp;&nbsp;&nbsp; **2.64%** | &nbsp;&nbsp;&nbsp;&nbsp; **12.80%** | &nbsp;&nbsp;&nbsp;&nbsp; **11.30%**  |
| **MARKET PRICE, Total Return<sup>(c)</sup>** | &nbsp;&nbsp; **9.70%** | &nbsp;&nbsp; **19.87%** | &nbsp;&nbsp;&nbsp; **2.80%** | &nbsp;&nbsp;&nbsp;&nbsp; **12.85%** | &nbsp;&nbsp;&nbsp;&nbsp; **11.33%**  |
| Net assets, End of Period ($ thousands) | &nbsp;&nbsp; $384874 | &nbsp;&nbsp; $70800 | &nbsp;&nbsp;&nbsp; $74413 | &nbsp;&nbsp;&nbsp;&nbsp; $77551 | &nbsp;&nbsp;&nbsp;&nbsp; $47301  |
| Ratios of Average Net Assets<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Total Expenses | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.79%<sup>ε</sup> | &nbsp;&nbsp;&nbsp; 0.74%† | &nbsp;&nbsp;&nbsp;&nbsp; 0.74%† | &nbsp;&nbsp;&nbsp;&nbsp; 0.74%†  |
| &nbsp;&nbsp;&nbsp; Net Expenses | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp; 0.74%† | &nbsp;&nbsp;&nbsp;&nbsp; 0.74%† | &nbsp;&nbsp;&nbsp;&nbsp; 0.74%†  |
| &nbsp;&nbsp;&nbsp; Gross Investment Income | &nbsp;&nbsp; (0.73)% | &nbsp;&nbsp; (0.72)%<sup>ε</sup> | &nbsp;&nbsp;&nbsp; (0.71)%† | &nbsp;&nbsp;&nbsp;&nbsp; (0.73)%† | &nbsp;&nbsp;&nbsp;&nbsp; (0.73)%†  |
| &nbsp;&nbsp;&nbsp; Net Investment Income | &nbsp;&nbsp; (0.73)% | &nbsp;&nbsp; (0.72)%<sup>ε</sup> | &nbsp;&nbsp;&nbsp; (0.71)%† | &nbsp;&nbsp;&nbsp;&nbsp; (0.73)%† | &nbsp;&nbsp;&nbsp;&nbsp; (0.73)%†  |
| Portfolio turnover<sup>(d)</sup> | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

\* The Fund commenced operations on November 30, 2022.

\*\* The Fund commenced operations on December 31, 2024.

\*\*\* The Fund commenced operations on January 31, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;† Annualized.

---

| | |
|:---|:---|
| ε<br>| The expense reimbursement on the Statement of Operations represents a voluntary reimbursement from the Administrator, Brown Brothers Harriman & Co. Without this voluntary reimbursement the net investment income per share would be $(0.22), the net asset value per share would be $30.43, the net asset value total return would be 20.10% and the ratio of average net assets to net investment income would have been (0.77)%. |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Per share amounts have been calculated using the
 average shares method.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Net asset value total return is calculated assuming
 an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value
 during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments
 in accordance with accounting principles generally accepted in the United States of America ("GAAP") and as such, the net
 asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and
 returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Market price total return is calculated assuming
 an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during
 the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not
 annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Portfolio turnover rate is not annualized for
 periods less than one year and does not include in-kind transactions, if any, from processing creations or redemptions.

The accompanying notes are an integral part of the financial statements.

116<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Financial Highlights (continued)** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S.** <br>**Equity** <br>**Buffer15** <br>**Uncapped** <br>**Mar ETF** | **AllianzIM U.S. Equity** <br>**Buffer15 Uncapped Apr ETF** | **AllianzIM U.S. Equity** <br>**Buffer15 Uncapped Apr ETF** | **AllianzIM U.S. Equity** <br>**Buffer15 Uncapped May ETF**  | **AllianzIM U.S. Equity** <br>**Buffer15 Uncapped May ETF**  |
|  | **For the**<br>**Period Ended**<br>**October 31,**<br>**2025\*** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2025** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2024\*\*** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2025** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2024\*\*\***  |
| **NET ASSET VALUE, Beginning of Period** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.00** | &nbsp;&nbsp;&nbsp; **$26.70** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.00** | &nbsp;&nbsp;&nbsp; **$27.77** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.00**  |
| **Income (loss) from operations:**<br>|  |  |  |  |  |
| Net investment income (loss)<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;&nbsp; (0.13) | &nbsp;&nbsp;&nbsp; (0.20) | &nbsp;&nbsp;&nbsp;&nbsp; (0.11) | &nbsp;&nbsp;&nbsp; (0.21) | &nbsp;&nbsp;&nbsp;&nbsp; (0.10)  |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;3.04 | &nbsp;&nbsp;&nbsp;&nbsp;3.93 | &nbsp;&nbsp;&nbsp;&nbsp;1.81 | &nbsp;&nbsp;&nbsp;&nbsp;4.07 | &nbsp;&nbsp;&nbsp;&nbsp;2.87  |
| Total income (loss) from operations | &nbsp;&nbsp;&nbsp;&nbsp;2.91 | &nbsp;&nbsp;&nbsp;&nbsp;3.73 | &nbsp;&nbsp;&nbsp;&nbsp;1.70 | &nbsp;&nbsp;&nbsp;&nbsp;3.86 | &nbsp;&nbsp;&nbsp;&nbsp;2.77  |
| **NET ASSET VALUE, End of Period** | &nbsp;&nbsp;&nbsp;&nbsp; **$27.91** | &nbsp;&nbsp;&nbsp; **$30.43** | &nbsp;&nbsp;&nbsp;&nbsp; **$26.70** | &nbsp;&nbsp;&nbsp; **$31.63** | &nbsp;&nbsp;&nbsp;&nbsp; **$27.77**  |
| **MARKET PRICE, End of Period** | &nbsp;&nbsp;&nbsp;&nbsp; **$27.92** | &nbsp;&nbsp;&nbsp; **$30.43** | &nbsp;&nbsp;&nbsp;&nbsp; **$26.72** | &nbsp;&nbsp;&nbsp; **$31.63** | &nbsp;&nbsp;&nbsp;&nbsp; **$27.80**  |
| **NET ASSET VALUE, Total Return<sup>(b)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp; **11.63%** | &nbsp;&nbsp;&nbsp; **13.96%** | &nbsp;&nbsp;&nbsp;&nbsp; **6.79%** | &nbsp;&nbsp;&nbsp; **13.88%** | &nbsp;&nbsp;&nbsp;&nbsp; **11.09%**  |
| **MARKET PRICE, Total Return<sup>(c)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp; **11.68%** | &nbsp;&nbsp;&nbsp; **13.90%** | &nbsp;&nbsp;&nbsp;&nbsp; **6.89%** | &nbsp;&nbsp;&nbsp; **13.77%** | &nbsp;&nbsp;&nbsp;&nbsp; **11.22%**  |
| Net assets, End of Period ($ thousands) | &nbsp;&nbsp;&nbsp;&nbsp; $23721 | &nbsp;&nbsp;&nbsp; $48682 | &nbsp;&nbsp;&nbsp;&nbsp; $24696 | &nbsp;&nbsp;&nbsp; $24511 | &nbsp;&nbsp;&nbsp;&nbsp; $15275  |
| Ratios of Average Net Assets<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Net Expenses | &nbsp;&nbsp;&nbsp;&nbsp; 0.74%† | &nbsp;&nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp;&nbsp; 0.74%† | &nbsp;&nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp;&nbsp; 0.74%†  |
| &nbsp;&nbsp;&nbsp; Net Investment Income | &nbsp;&nbsp;&nbsp;&nbsp; (0.73)%† | &nbsp;&nbsp;&nbsp; (0.73)% | &nbsp;&nbsp;&nbsp;&nbsp; (0.73)%† | &nbsp;&nbsp;&nbsp; (0.73)% | &nbsp;&nbsp;&nbsp;&nbsp; (0.73)%†  |
| Portfolio turnover<sup>(d)</sup> | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

\* The Fund commenced operations on February 28, 2025.

\*\* The Fund commenced operations on March 28, 2024.

\*\*\* The Fund commenced operations on April 30, 2024.

&nbsp;&nbsp;&nbsp;&nbsp;† Annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(a) Per share amounts have been calculated using the
 average shares method.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Net asset value total return is calculated assuming
 an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value
 during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments
 in accordance with accounting principles generally accepted in the United States of America ("GAAP") and as such, the net
 asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and
 returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Market price total return is calculated assuming
 an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during
 the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not
 annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Portfolio turnover rate is not annualized for
 periods less than one year and does not include in-kind transactions, if any, from processing creations or redemptions.

The accompanying notes are an integral part of the financial statements.

117<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Financial Highlights (continued)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity** <br>**Buffer15 Uncapped Jun ETF** | **AllianzIM U.S. Equity** <br>**Buffer15 Uncapped Jun ETF** | **AllianzIM U.S. Equity** <br>**Buffer15 Uncapped Jul ETF** | **AllianzIM U.S. Equity** <br>**Buffer15 Uncapped Jul ETF** | **AllianzIM U.S. Equity** <br>**Buffer15 Uncapped Aug ETF**  | **AllianzIM U.S. Equity** <br>**Buffer15 Uncapped Aug ETF**  |
|  | **For the**<br>**Year Ended**<br>**October 31,**<br>**2025** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2024\*** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2025** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2024\*\*** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2025** | **For the** <br>**Period Ended** <br>**October 31,** <br>**2024\*\*\***  |
| **NET ASSET VALUE, Beginning of Period** | &nbsp;&nbsp;&nbsp; **$26.64** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.00** | &nbsp;&nbsp; **$25.95** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.00** | &nbsp;&nbsp;&nbsp; **$25.67** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.00**  |
| **Income (loss) from operations:**<br>|  |  |  |  |  |  |
| Net investment income (loss)<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; (0.20) | &nbsp;&nbsp;&nbsp;&nbsp; (0.08) | &nbsp;&nbsp; (0.20) | &nbsp;&nbsp;&nbsp;&nbsp; (0.06) | &nbsp;&nbsp;&nbsp; (0.20) | &nbsp;&nbsp;&nbsp;&nbsp; (0.05)  |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;4.09 | &nbsp;&nbsp;&nbsp;&nbsp;1.72 | &nbsp;&nbsp;&nbsp;&nbsp;4.06 | &nbsp;&nbsp;&nbsp;&nbsp;1.01 | &nbsp;&nbsp;&nbsp;&nbsp;4.09 | &nbsp;&nbsp;&nbsp;&nbsp;0.72  |
| Total income (loss) from operations | &nbsp;&nbsp;&nbsp;&nbsp;3.89 | &nbsp;&nbsp;&nbsp;&nbsp;1.64 | &nbsp;&nbsp;&nbsp;&nbsp;3.86 | &nbsp;&nbsp;&nbsp;&nbsp;0.95 | &nbsp;&nbsp;&nbsp;&nbsp;3.89 | &nbsp;&nbsp;&nbsp;&nbsp;0.67  |
| **NET ASSET VALUE, End of Period** | &nbsp;&nbsp;&nbsp; **$30.53** | &nbsp;&nbsp;&nbsp;&nbsp; **$26.64** | &nbsp;&nbsp; **$29.81** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.95** | &nbsp;&nbsp;&nbsp; **$29.56** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.67**  |
| **MARKET PRICE, End of Period** | &nbsp;&nbsp;&nbsp; **$30.54** | &nbsp;&nbsp;&nbsp;&nbsp; **$26.68** | &nbsp;&nbsp; **$29.83** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.97** | &nbsp;&nbsp;&nbsp; **$29.58** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.69**  |
| **NET ASSET VALUE, Total Return<sup>(b)</sup>** | &nbsp;&nbsp;&nbsp; **14.59%** | &nbsp;&nbsp;&nbsp;&nbsp; **6.57%** | &nbsp;&nbsp; **14.89%** | &nbsp;&nbsp;&nbsp;&nbsp; **3.79%** | &nbsp;&nbsp;&nbsp; **15.16%** | &nbsp;&nbsp;&nbsp;&nbsp; **2.67%**  |
| **MARKET PRICE, Total Return<sup>(c)</sup>** | &nbsp;&nbsp;&nbsp; **14.45%** | &nbsp;&nbsp;&nbsp;&nbsp; **6.73%** | &nbsp;&nbsp; **14.86%** | &nbsp;&nbsp;&nbsp;&nbsp; **3.88%** | &nbsp;&nbsp;&nbsp; **15.15%** | &nbsp;&nbsp;&nbsp;&nbsp; **2.76%**  |
| Net assets, End of Period ($ thousands) | &nbsp;&nbsp;&nbsp; $25950 | &nbsp;&nbsp;&nbsp;&nbsp; $13987 | &nbsp;&nbsp; $143091 | &nbsp;&nbsp;&nbsp;&nbsp; $43461 | &nbsp;&nbsp;&nbsp; $30298 | &nbsp;&nbsp;&nbsp;&nbsp; $25668  |
| Ratios of Average Net Assets<br>|  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Net Expenses | &nbsp;&nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp;&nbsp; 0.74%† | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp;&nbsp; 0.74%† | &nbsp;&nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp;&nbsp; 0.74%†  |
| &nbsp;&nbsp;&nbsp; Net Investment Income | &nbsp;&nbsp;&nbsp; (0.73)% | &nbsp;&nbsp;&nbsp;&nbsp; (0.74)%† | &nbsp;&nbsp; (0.73)% | &nbsp;&nbsp;&nbsp;&nbsp; (0.74)%† | &nbsp;&nbsp;&nbsp; (0.73)% | &nbsp;&nbsp;&nbsp;&nbsp; (0.74)%†  |
| Portfolio turnover<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

\* The Fund commenced operations on May 31, 2024.

\*\* The Fund commenced operations on June 28, 2024.

\*\*\* The Fund commenced operations on July 31, 2024.

&nbsp;&nbsp;&nbsp;&nbsp;† Annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(a) Per share amounts have been calculated using the
 average shares method.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Net asset value total return is calculated assuming
 an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value
 during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments
 in accordance with accounting principles generally accepted in the United States of America ("GAAP") and as such, the net
 asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and
 returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Market price total return is calculated assuming
 an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during
 the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not
 annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Portfolio turnover rate is not annualized for
 periods less than one year and does not include in-kind transactions, if any, from processing creations or redemptions.

The accompanying notes are an integral part of the financial statements.

118<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Financial Highlights (continued)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity** <br>**Buffer15 Uncapped Sep ETF** | **AllianzIM U.S. Equity** <br>**Buffer15 Uncapped Sep ETF** | **AllianzIM U.S. Equity** <br>**Buffer15 Uncapped Oct ETF** | **AllianzIM U.S. Equity** <br>**Buffer15 Uncapped Oct ETF** | **AllianzIM U.S. Equity** <br>**Buffer15 Uncapped Nov ETF**  | **AllianzIM U.S. Equity** <br>**Buffer15 Uncapped Nov ETF**  |
|  | **For the**<br>**Year Ended**<br>**October 31,**<br>**2025** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2024\*** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2025** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2024\*\*** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2025** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2024\*\*\***  |
| **NET ASSET VALUE, Beginning of Period** | &nbsp;&nbsp; **$25.26** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.00** | &nbsp;&nbsp;&nbsp; **$24.81** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.00** | &nbsp;&nbsp;&nbsp; **$24.99** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.00**  |
| **Income (loss) from operations:**<br>|  |  |  |  |  |  |
| Net investment income (loss)<sup>(a)</sup> | &nbsp;&nbsp; (0.20) | &nbsp;&nbsp;&nbsp;&nbsp; (0.03) | &nbsp;&nbsp;&nbsp; (0.19) | &nbsp;&nbsp;&nbsp;&nbsp; (0.02) | &nbsp;&nbsp;&nbsp; (0.19) | &nbsp;&nbsp;&nbsp;&nbsp; —  |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;3.97 | &nbsp;&nbsp;&nbsp;&nbsp;0.29 | &nbsp;&nbsp;&nbsp;&nbsp;3.90 | &nbsp;&nbsp;&nbsp;&nbsp; (0.17) | &nbsp;&nbsp;&nbsp;&nbsp;4.15 | &nbsp;&nbsp;&nbsp;&nbsp; (0.01)  |
| Total income (loss) from operations | &nbsp;&nbsp;&nbsp;&nbsp;3.77 | &nbsp;&nbsp;&nbsp;&nbsp;0.26 | &nbsp;&nbsp;&nbsp;&nbsp;3.71 | &nbsp;&nbsp;&nbsp;&nbsp; (0.19) | &nbsp;&nbsp;&nbsp;&nbsp;3.96 | &nbsp;&nbsp;&nbsp;&nbsp; (0.01)  |
| **NET ASSET VALUE, End of Period** | &nbsp;&nbsp; **$29.03** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.26** | &nbsp;&nbsp;&nbsp; **$28.52** | &nbsp;&nbsp;&nbsp;&nbsp; **$24.81** | &nbsp;&nbsp;&nbsp; **$28.95** | &nbsp;&nbsp;&nbsp;&nbsp; **$24.99**  |
| **MARKET PRICE, End of Period** | &nbsp;&nbsp; **$29.06** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.28** | &nbsp;&nbsp;&nbsp; **$28.55** | &nbsp;&nbsp;&nbsp;&nbsp; **$24.85** | &nbsp;&nbsp;&nbsp; **$28.98** | &nbsp;&nbsp;&nbsp;&nbsp; **$—**  |
| **NET ASSET VALUE, Total Return<sup>(b)</sup>** | &nbsp;&nbsp; **14.94%** | &nbsp;&nbsp;&nbsp;&nbsp; **1.04%** | &nbsp;&nbsp;&nbsp; **14.97%** | &nbsp;&nbsp;&nbsp;&nbsp; **(0.77)%** | &nbsp;&nbsp;&nbsp; **15.80%** | &nbsp;&nbsp;&nbsp;&nbsp; **(0.04)%**  |
| **MARKET PRICE, Total Return<sup>(c)</sup>** | &nbsp;&nbsp; **14.94%** | &nbsp;&nbsp;&nbsp;&nbsp; **1.12%** | &nbsp;&nbsp;&nbsp; **14.88%** | &nbsp;&nbsp;&nbsp;&nbsp; **(0.60)%** | &nbsp;&nbsp;&nbsp; **15.92%** | &nbsp;&nbsp;&nbsp;&nbsp; —  |
| Net assets, End of Period ($ thousands) | &nbsp;&nbsp; $129903 | &nbsp;&nbsp;&nbsp;&nbsp; $22734 | &nbsp;&nbsp;&nbsp; $61323 | &nbsp;&nbsp;&nbsp;&nbsp; $21087 | &nbsp;&nbsp;&nbsp; $31844 | &nbsp;&nbsp;&nbsp;&nbsp; $4999  |
| Ratios of Average Net Assets<br>|  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Net Expenses | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp;&nbsp; 0.74%† | &nbsp;&nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp;&nbsp; 0.74%† | &nbsp;&nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp;&nbsp; —  |
| &nbsp;&nbsp;&nbsp; Net Investment Income | &nbsp;&nbsp; (0.73)% | &nbsp;&nbsp;&nbsp;&nbsp; (0.74)%† | &nbsp;&nbsp;&nbsp; (0.73)% | &nbsp;&nbsp;&nbsp;&nbsp; (0.73)%† | &nbsp;&nbsp;&nbsp; (0.73)% | &nbsp;&nbsp;&nbsp;&nbsp; —  |
| Portfolio turnover<sup>(d)</sup> | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

\* The Fund commenced operations on August 30, 2024.

\*\* The Fund commenced operations on September 30, 2024.

\*\*\* The Fund commenced operations on October 31, 2024.

&nbsp;&nbsp;&nbsp;&nbsp;† Annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(a) Per share amounts have been calculated using the
 average shares method.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Net asset value total return is calculated assuming
 an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value
 during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments
 in accordance with accounting principles generally accepted in the United States of America ("GAAP") and as such, the net
 asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and
 returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Market price total return is calculated assuming
 an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during
 the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not
 annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Portfolio turnover rate is not annualized for
 periods less than one year and does not include in-kind transactions, if any, from processing creations or redemptions.

The accompanying notes are an integral part of the financial statements.

119<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Financial Highlights (continued)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S.** <br>**Equity** <br>**Buffer15** <br>**Uncapped** <br>**Dec ETF** | **AllianzIM U.S. Equity 6 Month** <br>**Buffer10 Jan/Jul ETF**  | **AllianzIM U.S. Equity 6 Month** <br>**Buffer10 Jan/Jul ETF**  | **AllianzIM U.S. Equity 6 Month** <br>**Buffer10 Jan/Jul ETF**  | **AllianzIM U.S. Equity 6 Month** <br>**Buffer10 Jan/Jul ETF**  | **AllianzIM U.S. Equity 6 Month** <br>**Buffer10 Jan/Jul ETF**  |
|  | **For the**<br>**Year Period**<br>**October 31,**<br>**2025\*** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2025** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2024** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2023** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2022+** | **For the**<br>**Period Ended**<br>**September 30,**<br>**2022\*\***  |
| **NET ASSET VALUE, Beginning of Period** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.00** | &nbsp;&nbsp; **$29.38** | &nbsp;&nbsp; **$24.37** | &nbsp;&nbsp; **$22.90** | &nbsp;&nbsp;&nbsp; **$21.89** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.00**  |
| **Income (loss) from operations:**<br>|  |  |  |  |  |  |
| Net investment income (loss)<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;&nbsp; (0.18) | &nbsp;&nbsp; (0.22) | &nbsp;&nbsp; (0.20) | &nbsp;&nbsp; (0.17) | &nbsp;&nbsp;&nbsp; (0.01) | &nbsp;&nbsp;&nbsp;&nbsp; (0.13)  |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;2.60 | 4.49 | 5.21 | 1.64 | &nbsp;&nbsp;&nbsp;&nbsp;1.02 | &nbsp;&nbsp;&nbsp;&nbsp; (2.98)  |
| Total income (loss) from operations | &nbsp;&nbsp;&nbsp;&nbsp;2.42 | 4.27 | 5.01 | 1.47 | &nbsp;&nbsp;&nbsp;&nbsp;1.01 | &nbsp;&nbsp;&nbsp;&nbsp; (3.11)  |
| **NET ASSET VALUE, End of Period** | &nbsp;&nbsp;&nbsp;&nbsp; **$27.42** | &nbsp;&nbsp; **$33.65** | &nbsp;&nbsp; **$29.38** | &nbsp;&nbsp; **$24.37** | &nbsp;&nbsp;&nbsp; **$22.90** | &nbsp;&nbsp;&nbsp;&nbsp; **$21.89**  |
| **MARKET PRICE, End of Period** | &nbsp;&nbsp;&nbsp;&nbsp; **$27.46** | &nbsp;&nbsp; **$33.62** | &nbsp;&nbsp; **$29.39** | &nbsp;&nbsp; **$24.46** | &nbsp;&nbsp;&nbsp; **$22.90** | &nbsp;&nbsp;&nbsp;&nbsp; **$21.88**  |
| **NET ASSET VALUE, Total Return<sup>(b)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp; **9.69%** | &nbsp;&nbsp; **14.53%** | &nbsp;&nbsp; **20.53%** | &nbsp;&nbsp; **6.43%** | &nbsp;&nbsp;&nbsp; **4.61%** | &nbsp;&nbsp;&nbsp;&nbsp; **(12.43)%**  |
| **MARKET PRICE, Total Return<sup>(c)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp; **9.84%** | &nbsp;&nbsp; **14.40%** | &nbsp;&nbsp; **20.16%** | &nbsp;&nbsp; **6.79%** | &nbsp;&nbsp;&nbsp; **4.70%** | &nbsp;&nbsp;&nbsp;&nbsp; **(12.50)%**  |
| Net assets, End of Period ($ thousands) | &nbsp;&nbsp;&nbsp;&nbsp; $279708 | &nbsp;&nbsp; $144680 | &nbsp;&nbsp; $255588 | &nbsp;&nbsp; $116384 | &nbsp;&nbsp;&nbsp; $26909 | &nbsp;&nbsp;&nbsp;&nbsp; $25177  |
| Ratios of Average Net Assets<br>|  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Net Expenses | &nbsp;&nbsp;&nbsp;&nbsp; 0.74%† | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp; 0.74%† | &nbsp;&nbsp;&nbsp;&nbsp; 0.74%†  |
| &nbsp;&nbsp;&nbsp; Net Investment Income | &nbsp;&nbsp;&nbsp;&nbsp; (0.73)%† | &nbsp;&nbsp; (0.72)% | &nbsp;&nbsp; (0.71)% | &nbsp;&nbsp; (0.71)% | &nbsp;&nbsp;&nbsp; (0.74)%† | &nbsp;&nbsp;&nbsp;&nbsp; (0.74)%†  |
| Portfolio turnover<sup>(d)</sup> | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

\* The Fund commenced operations on November 29, 2024.

\*\* The Fund commenced operations on December 31, 2021.

+ Effective October 31, 2022, the Fund changed its fiscal year end from September 30 to October 31.

&nbsp;&nbsp;&nbsp;&nbsp;† Annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(a) Per share amounts have been calculated using the
 average shares method.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Net asset value total return is calculated assuming
 an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value
 during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments
 in accordance with accounting principles generally accepted in the United States of America ("GAAP") and as such, the net
 asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and
 returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Market price total return is calculated assuming
 an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during
 the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not
 annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Portfolio turnover rate is not annualized for
 periods less than one year and does not include in-kind transactions, if any, from processing creations or redemptions.

The accompanying notes are an integral part of the financial statements.

120<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Financial Highlights (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity** <br>**6 Month Buffer10 Feb/Aug ETF** | **AllianzIM U.S. Equity** <br>**6 Month Buffer10 Feb/Aug ETF** | **AllianzIM U.S. Equity** <br>**6 Month Buffer10 Mar/Sep ETF**  | **AllianzIM U.S. Equity** <br>**6 Month Buffer10 Mar/Sep ETF**  |
|  | **For the**<br>**Year Ended**<br>**October 31,**<br>**2025** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2024\*** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2025** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2024\*\***  |
| **NET ASSET VALUE, Beginning of Period** | &nbsp;&nbsp;&nbsp;&nbsp; **$27.51** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.00** | &nbsp;&nbsp;&nbsp; **$27.16** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.00**  |
| **Income (loss) from operations:**<br>|  |  |  |  |
| Net investment income (loss)<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;&nbsp; (0.21) | &nbsp;&nbsp;&nbsp;&nbsp; (0.14) | &nbsp;&nbsp;&nbsp; (0.22) | &nbsp;&nbsp;&nbsp;&nbsp; (0.12)  |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;4.07 | &nbsp;&nbsp;&nbsp;&nbsp;2.65 | &nbsp;&nbsp;&nbsp;&nbsp;4.15 | &nbsp;&nbsp;&nbsp;&nbsp;2.28  |
| Total income (loss) from operations | &nbsp;&nbsp;&nbsp;&nbsp;3.86 | &nbsp;&nbsp;&nbsp;&nbsp;2.51 | &nbsp;&nbsp;&nbsp;&nbsp;3.93 | &nbsp;&nbsp;&nbsp;&nbsp;2.16  |
| **NET ASSET VALUE, End of Period** | &nbsp;&nbsp;&nbsp;&nbsp; **$31.37** | &nbsp;&nbsp;&nbsp;&nbsp; **$27.51** | &nbsp;&nbsp;&nbsp; **$31.09** | &nbsp;&nbsp;&nbsp;&nbsp; **$27.16**  |
| **MARKET PRICE, End of Period** | &nbsp;&nbsp;&nbsp;&nbsp; **$31.38** | &nbsp;&nbsp;&nbsp;&nbsp; **$27.56** | &nbsp;&nbsp;&nbsp; **$31.11** | &nbsp;&nbsp;&nbsp;&nbsp; **$27.20**  |
| **NET ASSET VALUE, Total Return<sup>(b)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp; **14.04%** | &nbsp;&nbsp;&nbsp;&nbsp; **10.04%** | &nbsp;&nbsp;&nbsp; **14.47%** | &nbsp;&nbsp;&nbsp;&nbsp; **8.65%**  |
| **MARKET PRICE, Total Return<sup>(c)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp; **13.86%** | &nbsp;&nbsp;&nbsp;&nbsp; **10.25%** | &nbsp;&nbsp;&nbsp; **14.37%** | &nbsp;&nbsp;&nbsp;&nbsp; **8.81%**  |
| Net assets, End of Period ($ thousands) | &nbsp;&nbsp;&nbsp;&nbsp; $63528 | &nbsp;&nbsp;&nbsp;&nbsp; $17882 | &nbsp;&nbsp;&nbsp; $322584 | &nbsp;&nbsp;&nbsp;&nbsp; $42780  |
| Ratios of Average Net Assets<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Net Expenses | &nbsp;&nbsp;&nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp;&nbsp; 0.74%† | &nbsp;&nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp;&nbsp; 0.74%†  |
| &nbsp;&nbsp;&nbsp; Net Investment Income | &nbsp;&nbsp;&nbsp;&nbsp; (0.72)% | &nbsp;&nbsp;&nbsp;&nbsp; (0.71)%† | &nbsp;&nbsp;&nbsp; (0.72)% | &nbsp;&nbsp;&nbsp;&nbsp; (0.71)%†  |
| Portfolio turnover<sup>(d)</sup> | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

\* The Fund commenced operations on January 31, 2024.

\*\* The Fund commenced operations on February 29, 2024.

&nbsp;&nbsp;&nbsp;&nbsp;† Annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(a) Per share amounts have been calculated using the
 average shares method.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Net asset value total return is calculated assuming
 an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value
 during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments
 in accordance with accounting principles generally accepted in the United States of America ("GAAP") and as such, the net
 asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and
 returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Market price total return is calculated assuming
 an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during
 the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not
 annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Portfolio turnover rate is not annualized for
 periods less than one year and does not include in-kind transactions, if any, from processing creations or redemptions.

The accompanying notes are an integral part of the financial statements.

121<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Financial Highlights (continued)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF**  | **AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF**  | **AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF**  | **AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF**  | **AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF**  | **AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF**  |
|  | **For the**<br>**Year Ended**<br>**October 31,**<br>**2025** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2024** | **For the**<br>**Year Ended**<br>**October 31,**<br>**2023** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2022+** | **For the**<br>**Year Ended**<br>**September 30,** <br>**2022** | **For the**<br>**Period Ended**<br>**September 30,** <br>**2021\***  |
| **NET ASSET VALUE, Beginning of Period** | &nbsp;&nbsp; **$31.66** | &nbsp;&nbsp; **$26.99** | &nbsp;&nbsp; **$24.23** | &nbsp;&nbsp;&nbsp; **$23.26** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.00** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.00**  |
| **Income (loss) from operations:**<br>|  |  |  |  |  |  |
| Net investment income (loss)<sup>(a)</sup> | &nbsp;&nbsp; (0.23) | &nbsp;&nbsp; (0.22) | &nbsp;&nbsp; (0.19) | &nbsp;&nbsp;&nbsp; (0.01) | &nbsp;&nbsp;&nbsp;&nbsp; (0.19) | &nbsp;&nbsp;&nbsp;&nbsp; —  |
| Net realized and unrealized gain (loss) | 2.86 | 4.89 | &nbsp;&nbsp;&nbsp;&nbsp;2.95 | &nbsp;&nbsp;&nbsp;&nbsp;0.98 | &nbsp;&nbsp;&nbsp;&nbsp; (1.55) | &nbsp;&nbsp;&nbsp;&nbsp; —\*\*  |
| Total income (loss) from operations | 2.63 | 4.67 | &nbsp;&nbsp;&nbsp;&nbsp;2.76 | &nbsp;&nbsp;&nbsp;&nbsp;0.97 | &nbsp;&nbsp;&nbsp;&nbsp; (1.74) | &nbsp;&nbsp;&nbsp;&nbsp; —  |
| **NET ASSET VALUE, End of Period** | &nbsp;&nbsp; **$34.29** | &nbsp;&nbsp; **$31.66** | &nbsp;&nbsp; **$26.99** | &nbsp;&nbsp;&nbsp; **$24.23** | &nbsp;&nbsp;&nbsp;&nbsp; **$23.26** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.00**  |
| **MARKET PRICE, End of Period** | &nbsp;&nbsp; **$34.30** | &nbsp;&nbsp; **$31.69** | &nbsp;&nbsp; **$27.03** | &nbsp;&nbsp;&nbsp; **$24.24** | &nbsp;&nbsp;&nbsp;&nbsp; **$23.32** | &nbsp;&nbsp;&nbsp;&nbsp; —  |
| **NET ASSET VALUE, Total Return<sup>(b)</sup>** | &nbsp;&nbsp; **8.32%** | &nbsp;&nbsp; **17.28%** | &nbsp;&nbsp; **11.41%** | &nbsp;&nbsp;&nbsp; **4.16%** | &nbsp;&nbsp;&nbsp;&nbsp; **(6.96)%** | &nbsp;&nbsp;&nbsp;&nbsp; —  |
| **MARKET PRICE, Total Return<sup>(c)</sup>** | &nbsp;&nbsp; **8.22%** | &nbsp;&nbsp; **17.22%** | &nbsp;&nbsp; **11.51%** | &nbsp;&nbsp;&nbsp; **3.94%** | &nbsp;&nbsp;&nbsp;&nbsp; **(6.70)%** | &nbsp;&nbsp;&nbsp;&nbsp; —  |
| Net assets, End of Period ($ thousands) | &nbsp;&nbsp; $132023 | &nbsp;&nbsp; $293619 | &nbsp;&nbsp; $42513 | &nbsp;&nbsp;&nbsp; $33918 | &nbsp;&nbsp;&nbsp;&nbsp; $26748 | &nbsp;&nbsp;&nbsp;&nbsp; $14998  |
| Ratios of Average Net Assets<br>|  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Net Expenses | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp; 0.74%† | &nbsp;&nbsp;&nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp;&nbsp; —  |
| &nbsp;&nbsp;&nbsp; Net Investment Income | &nbsp;&nbsp; (0.72)% | &nbsp;&nbsp; (0.72)% | &nbsp;&nbsp; (0.71)% | &nbsp;&nbsp;&nbsp; (0.72)%† | &nbsp;&nbsp;&nbsp;&nbsp; (0.74)% | &nbsp;&nbsp;&nbsp;&nbsp; —  |
| Portfolio turnover<sup>(d)</sup> | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

\* The Fund commenced operations on September 30, 2021.

\*\* Rounds to less than $0.005

+ Effective October 31, 2022, the Fund changed its fiscal year end from September 30 to October 31.

&nbsp;&nbsp;&nbsp;&nbsp;† Annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(a) Per share amounts have been calculated using the
 average shares method.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Net asset value total return is calculated assuming
 an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value
 during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments
 in accordance with accounting principles generally accepted in the United States of America ("GAAP") and as such, the net
 asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and
 returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Market price total return is calculated assuming
 an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during
 the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not
 annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Portfolio turnover rate is not annualized for
 periods less than one year and does not include in-kind transactions, if any, from processing creations or redemptions.

The accompanying notes are an integral part of the financial statements.

122<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Financial Highlights (continued)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity** <br>**6 Month Buffer10 May/Nov ETF** | **AllianzIM U.S. Equity** <br>**6 Month Buffer10 May/Nov ETF** | **AllianzIM U.S. Equity** <br>**6 Month Buffer10 Jun/Dec ETF** | **AllianzIM U.S. Equity** <br>**6 Month Buffer10 Jun/Dec ETF** | **AllianzIM U.S. Equity** <br>**6 Month Floor5 Jan/Jul ETF**  | **AllianzIM U.S. Equity** <br>**6 Month Floor5 Jan/Jul ETF**  |
|  | **For the** <br>**Year Ended** <br>**October 31,** <br>**2025** | **For the** <br>**Period Ended** <br>**October 31,** <br>**2024\*** | **For the** <br>**Year Ended** <br>**October 31,** <br>**2025** | **For the** <br>**Period Ended** <br>**October 31,** <br>**2024\*\*** | **For the** <br>**Year Ended** <br>**October 31,** <br>**2025** | **For the** <br>**Period Ended** <br>**October 31,** <br>**2024\*\*\***  |
| **NET ASSET VALUE, Beginning of Period** | &nbsp;&nbsp;&nbsp;&nbsp; **$26.96** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$25.00** | &nbsp;&nbsp;&nbsp;&nbsp; **$26.32** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.00** | &nbsp;&nbsp;&nbsp;&nbsp; **$27.80** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.00**  |
| **Income (loss) from operations:**<br>|  |  |  |  |  |  |
| Net investment income (loss)<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;&nbsp; (0.20) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (0.10) | &nbsp;&nbsp;&nbsp;&nbsp; (0.19) | &nbsp;&nbsp;&nbsp;&nbsp; (0.08) | &nbsp;&nbsp;&nbsp;&nbsp; (0.21) | &nbsp;&nbsp;&nbsp;&nbsp; (0.14)  |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;2.55 | &nbsp;&nbsp;&nbsp;&nbsp;2.06 | &nbsp;&nbsp;&nbsp;&nbsp;2.45 | &nbsp;&nbsp;&nbsp;&nbsp;1.40 | &nbsp;&nbsp;&nbsp;&nbsp;3.91 | &nbsp;&nbsp;&nbsp;&nbsp;2.94  |
| Total income (loss) from operations | &nbsp;&nbsp;&nbsp;&nbsp;2.35 | &nbsp;&nbsp;&nbsp;&nbsp;1.96 | &nbsp;&nbsp;&nbsp;&nbsp;2.26 | &nbsp;&nbsp;&nbsp;&nbsp;1.32 | &nbsp;&nbsp;&nbsp;&nbsp;3.70 | &nbsp;&nbsp;&nbsp;&nbsp;2.80  |
| **NET ASSET VALUE, End of Period** | &nbsp;&nbsp;&nbsp;&nbsp; **$29.31** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$26.96** | &nbsp;&nbsp;&nbsp;&nbsp; **$28.58** | &nbsp;&nbsp;&nbsp;&nbsp; **$26.32** | &nbsp;&nbsp;&nbsp;&nbsp; **$31.50** | &nbsp;&nbsp;&nbsp;&nbsp; **$27.80**  |
| **MARKET PRICE, End of Period** | &nbsp;&nbsp;&nbsp;&nbsp; **$29.31** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$27.00** | &nbsp;&nbsp;&nbsp;&nbsp; **$28.57** | &nbsp;&nbsp;&nbsp;&nbsp; **$26.34** | &nbsp;&nbsp;&nbsp;&nbsp; **$31.51** | &nbsp;&nbsp;&nbsp;&nbsp; **$27.83**  |
| **NET ASSET VALUE, Total Return<sup>(b)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp; **8.71%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **7.84%** | &nbsp;&nbsp;&nbsp;&nbsp; **8.58%** | &nbsp;&nbsp;&nbsp;&nbsp; **5.29%** | &nbsp;&nbsp;&nbsp;&nbsp; **13.35%** | &nbsp;&nbsp;&nbsp;&nbsp; **11.18%**  |
| **MARKET PRICE, Total Return<sup>(c)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp; **8.58%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **7.98%** | &nbsp;&nbsp;&nbsp;&nbsp; **8.46%** | &nbsp;&nbsp;&nbsp;&nbsp; **5.38%** | &nbsp;&nbsp;&nbsp;&nbsp; **13.20%** | &nbsp;&nbsp;&nbsp;&nbsp; **11.32%**  |
| Net assets, End of Period ($ thousands) | &nbsp;&nbsp;&nbsp;&nbsp; $16852 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $8088 | &nbsp;&nbsp;&nbsp;&nbsp; $32870 | &nbsp;&nbsp;&nbsp;&nbsp; $17768 | &nbsp;&nbsp;&nbsp;&nbsp; $8664 | &nbsp;&nbsp;&nbsp;&nbsp; $10423  |
| Ratios of Average Net Assets<br>|  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Net Expenses | &nbsp;&nbsp;&nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.74%† | &nbsp;&nbsp;&nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp;&nbsp; 0.74%† | &nbsp;&nbsp;&nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp;&nbsp; 0.74%†  |
| &nbsp;&nbsp;&nbsp; Net Investment Income | &nbsp;&nbsp;&nbsp;&nbsp; (0.72)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (0.72)%† | &nbsp;&nbsp;&nbsp;&nbsp; (0.72)% | &nbsp;&nbsp;&nbsp;&nbsp; (0.72)%† | &nbsp;&nbsp;&nbsp;&nbsp; (0.72)% | &nbsp;&nbsp;&nbsp;&nbsp; (0.71)%†  |
| Portfolio turnover<sup>(d)</sup> | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

\* The Fund commenced operations on April 30, 2024.

\*\* The Fund commenced operations on May 31, 2024.

\*\*\* The Fund commenced operations on January 31, 2024.

&nbsp;&nbsp;&nbsp;&nbsp;† Annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(a) Per share amounts have been calculated using the
 average shares method.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Net asset value total return is calculated assuming
 an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value
 during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments
 in accordance with accounting principles generally accepted in the United States of America ("GAAP") and as such, the net
 asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and
 returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Market price total return is calculated assuming
 an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during
 the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not
 annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Portfolio turnover rate is not annualized for
 periods less than one year and does not include in-kind transactions, if any, from processing creations or redemptions.

The accompanying notes are an integral part of the financial statements.

123<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Financial Highlights (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **AllianzIM U.S. Equity** <br>**6 Month Floor5 Apr/Oct ETF** | **AllianzIM U.S. Equity** <br>**6 Month Floor5 Apr/Oct ETF** | **AllianzIM U.S.** <br>**Equity** <br>**Buffer15 ETF** | **AllianzIM U.S.** <br>**Equity** <br>**Buffer100** <br>**Protection ETF**  |
|  | **For the** <br>**Year Ended** <br>**October 31,** <br>**2025** | **For the** <br>**Period Ended** <br>**October 31,** <br>**2024\*** | **For the** <br>**Period Ended** <br>**October 31,** <br>**2025\*\*** | **For the** <br>**Period Ended** <br>**October 31,** <br>**2025\*\***  |
| **NET ASSET VALUE, Beginning of Period** | &nbsp;&nbsp;&nbsp; **$27.04** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.00** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.00** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.00**  |
| **Income (loss) from operations:**<br>|  |  |  |  |
| Net investment income (loss)<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; (0.19) | &nbsp;&nbsp;&nbsp;&nbsp; (0.11) | &nbsp;&nbsp;&nbsp;&nbsp; (0.05) | &nbsp;&nbsp;&nbsp;&nbsp; (0.05)  |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;1.36 | &nbsp;&nbsp;&nbsp;&nbsp;2.15 | &nbsp;&nbsp;&nbsp;&nbsp;0.89 | &nbsp;&nbsp;&nbsp;&nbsp;0.73  |
| Total income (loss) from operations | &nbsp;&nbsp;&nbsp;&nbsp;1.17 | &nbsp;&nbsp;&nbsp;&nbsp;2.04 | &nbsp;&nbsp;&nbsp;&nbsp;0.84 | &nbsp;&nbsp;&nbsp;&nbsp;0.68  |
| **NET ASSET VALUE, End of Period** | &nbsp;&nbsp;&nbsp; **$28.21** | &nbsp;&nbsp;&nbsp;&nbsp; **$27.04** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.84** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.68**  |
| **MARKET PRICE, End of Period** | &nbsp;&nbsp;&nbsp; **$28.21** | &nbsp;&nbsp;&nbsp;&nbsp; **$27.06** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.86** | &nbsp;&nbsp;&nbsp;&nbsp; **$25.71**  |
| **NET ASSET VALUE, Total Return <sup>(b)</sup>** | &nbsp;&nbsp;&nbsp; **4.33%** | &nbsp;&nbsp;&nbsp;&nbsp; **8.17%** | &nbsp;&nbsp;&nbsp;&nbsp; **3.36%** | &nbsp;&nbsp;&nbsp;&nbsp; **2.73%**  |
| **MARKET PRICE, Total Return<sup>(c)</sup>** | &nbsp;&nbsp;&nbsp; **4.25%** | &nbsp;&nbsp;&nbsp;&nbsp; **8.25%** | &nbsp;&nbsp;&nbsp;&nbsp; **3.44%** | &nbsp;&nbsp;&nbsp;&nbsp; **2.82%**  |
| Net assets, End of Period ($ thousands) | &nbsp;&nbsp;&nbsp; $11286 | &nbsp;&nbsp;&nbsp;&nbsp; $14197 | &nbsp;&nbsp;&nbsp;&nbsp; $21965 | &nbsp;&nbsp;&nbsp;&nbsp; $21830  |
| Ratios of Average Net Assets<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Net Expenses | &nbsp;&nbsp;&nbsp; 0.74% | &nbsp;&nbsp;&nbsp;&nbsp; 0.74%† | &nbsp;&nbsp;&nbsp;&nbsp; 0.64%† | &nbsp;&nbsp;&nbsp;&nbsp; 0.64%†  |
| &nbsp;&nbsp;&nbsp; Net Investment Income | &nbsp;&nbsp;&nbsp; (0.72)% | &nbsp;&nbsp;&nbsp;&nbsp; (0.71)%† | &nbsp;&nbsp;&nbsp;&nbsp; (0.61)%† | &nbsp;&nbsp;&nbsp;&nbsp; (0.61)%†  |
| Portfolio turnover<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

\* The Fund commenced operations on March 28, 2024.

\*\* The Fund commenced operations on June 30, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;† Annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(a) Per share amounts have been calculated using the
 average shares method.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Net asset value total return is calculated assuming
 an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value
 during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments
 in accordance with accounting principles generally accepted in the United States of America ("GAAP") and as such, the net
 asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and
 returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Market price total return is calculated assuming
 an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during
 the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not
 annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Portfolio turnover rate is not annualized for
 periods less than one year and does not include in-kind transactions, if any, from processing creations or redemptions.

The accompanying notes are an integral part of the financial statements.

124<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Financial Highlights (continued)** 

---

| | | | |
|:---|:---|:---|:---|
|  | **AllianzIM** <br>**Buffer20** <br>**Allocation ETF** | **AllianzIM** <br>**Buffer15** <br>**Uncapped** <br>**Allocation ETF** | **AllianzIM** <br>**6 Month** <br>**Buffer10** <br>**Allocation ETF**  |
|  | **For the** <br>**Period Ended** <br>**October 31,** <br>**2025\*** | **For the** <br>**Period Ended** <br>**October 31,** <br>**2025\*\*** | **For the**<br>**Period Ended**<br>**October 31,**<br>**2025\***  |
| **NET ASSET VALUE, Beginning of Period** | &nbsp;&nbsp;&nbsp;&nbsp; $24.96 | &nbsp;&nbsp;&nbsp;&nbsp; $25.01 | &nbsp;&nbsp;&nbsp;&nbsp; $24.96  |
| **Income (loss) from operations:**<br>|  |  |  |
| Net investment income (loss)<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;&nbsp; (0.01) | &nbsp;&nbsp;&nbsp;&nbsp; (0.01) | &nbsp;&nbsp;&nbsp;&nbsp; (0.01)  |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;2.10 | &nbsp;&nbsp;&nbsp;&nbsp;3.25 | &nbsp;&nbsp;&nbsp;&nbsp;2.12  |
| Total income (loss) from operations | &nbsp;&nbsp;&nbsp;&nbsp;2.09 | &nbsp;&nbsp;&nbsp;&nbsp;3.24 | &nbsp;&nbsp;&nbsp;&nbsp;2.11  |
| **NET ASSET VALUE, End of Period** | &nbsp;&nbsp;&nbsp;&nbsp; **$27.05** | &nbsp;&nbsp;&nbsp;&nbsp; **$28.25** | &nbsp;&nbsp;&nbsp;&nbsp; **$27.07**  |
| **MARKET PRICE, End of Period** | &nbsp;&nbsp;&nbsp;&nbsp; **$27.08** | &nbsp;&nbsp;&nbsp;&nbsp; **$28.29** | &nbsp;&nbsp;&nbsp;&nbsp; **$27.09**  |
| **NET ASSET VALUE, Total Return<sup>(b)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp; **8.35%** | &nbsp;&nbsp;&nbsp;&nbsp; **12.96%** | &nbsp;&nbsp;&nbsp;&nbsp; **8.48%**  |
| **MARKET PRICE, Total Return<sup>(c)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp; **8.48%** | &nbsp;&nbsp;&nbsp;&nbsp; **13.13%** | &nbsp;&nbsp;&nbsp;&nbsp; **8.54%**  |
| Net assets, End of Period ($ thousands) | &nbsp;&nbsp;&nbsp;&nbsp; $41249 | &nbsp;&nbsp;&nbsp;&nbsp; $86874 | &nbsp;&nbsp;&nbsp;&nbsp; $37902  |
| Ratios of Average Net Assets<br>|  |  |  |
| &nbsp;&nbsp;&nbsp; Total Expenses | &nbsp;&nbsp;&nbsp;&nbsp; 0.10%† | &nbsp;&nbsp;&nbsp;&nbsp; 0.10%† | &nbsp;&nbsp;&nbsp;&nbsp; 0.10%†  |
| &nbsp;&nbsp;&nbsp; Net Expenses | &nbsp;&nbsp;&nbsp;&nbsp; 0.05%† | &nbsp;&nbsp;&nbsp;&nbsp; 0.05%† | &nbsp;&nbsp;&nbsp;&nbsp; 0.05%†  |
| &nbsp;&nbsp;&nbsp; Gross Investment Income | &nbsp;&nbsp;&nbsp;&nbsp; (0.10)%† | &nbsp;&nbsp;&nbsp;&nbsp; (0.10)%† | &nbsp;&nbsp;&nbsp;&nbsp; (0.10)%†  |
| &nbsp;&nbsp;&nbsp; Net Investment Income | &nbsp;&nbsp;&nbsp;&nbsp; (0.05)%† | &nbsp;&nbsp;&nbsp;&nbsp; (0.05)%† | &nbsp;&nbsp;&nbsp;&nbsp; (0.05)%†  |
| Portfolio turnover<sup>(d)</sup> | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

\* The Fund commenced operations on January 7, 2025.

\*\* The Fund commenced operations on March 5, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;† Annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(a) Per share amounts have been calculated using the
 average shares method.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Net asset value total return is calculated assuming
 an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value
 during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments
 in accordance with accounting principles generally accepted in the United States of America ("GAAP") and as such, the net
 asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and
 returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Market price total return is calculated assuming
 an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during
 the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not
 annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Portfolio turnover rate is not annualized for
 periods less than one year and does not include in-kind transactions, if any, from processing creations or redemptions.

The accompanying notes are an integral part of the financial statements.

125<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025**

**NOTE 1 – ORGANIZATION** 

The AIM ETF Products Trust (the "Trust") is a Delaware statutory trust organized on December 17, 2019. The Trust is an open-end management investment company, registered under the Investment Company Act of 1940, as amended (the "1940 Act").

The following are forty-nine separate series of the Trust (each, a "Fund" and collectively, the "Funds"):

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Commencement of Operations** | **Diversification Status**  |
| AllianzIM U.S. Equity Buffer10 Jan ETF | December 31, 2020 | Diversified  |
| AllianzIM U.S. Equity Buffer10 Feb ETF | January 31, 2023 | Non-Diversified  |
| AllianzIM U.S. Equity Buffer10 Mar ETF | February 28, 2023 | Non-Diversified  |
| AllianzIM U.S. Equity Buffer10 Apr ETF | May 28, 2020 | Diversified  |
| AllianzIM U.S. Equity Buffer10 May ETF | April 28, 2023 | Non-Diversified  |
| AllianzIM U.S. Equity Buffer10 Jun ETF | May 31, 2023 | Non-Diversified  |
| AllianzIM U.S. Equity Buffer10 Jul ETF | June 30, 2020 | Diversified  |
| AllianzIM U.S. Equity Buffer10 Aug ETF | July 31, 2023 | Non-Diversified  |
| AllianzIM U.S. Equity Buffer10 Sep ETF | August 31, 2023 | Non-Diversified  |
| AllianzIM U.S. Equity Buffer10 Oct ETF | September 30, 2020 | Diversified  |
| AllianzIM U.S. Equity Buffer10 Nov ETF | October 31, 2022 | Non-Diversified  |
| AllianzIM U.S. Equity Buffer10 Dec ETF | November 30, 2022 | Non-Diversified  |
| AllianzIM U.S. Equity Buffer20 Jan ETF | December 31, 2020 | Diversified  |
| AllianzIM U.S. Equity Buffer20 Feb ETF | January 31, 2023 | Non-Diversified  |
| AllianzIM U.S. Equity Buffer20 Mar ETF | February 28, 2023 | Non-Diversified  |
| AllianzIM U.S. Equity Buffer20 Apr ETF | May 28, 2020 | Diversified  |
| AllianzIM U.S. Equity Buffer20 May ETF | April 28, 2023 | Non-Diversified  |
| AllianzIM U.S. Equity Buffer20 Jun ETF | May 31, 2023 | Non-Diversified  |
| AllianzIM U.S. Equity Buffer20 Jul ETF | June 30, 2020 | Diversified  |
| AllianzIM U.S. Equity Buffer20 Aug ETF | July 31, 2023 | Non-Diversified  |
| AllianzIM U.S. Equity Buffer20 Sep ETF | August 31, 2023 | Non-Diversified  |
| AllianzIM U.S. Equity Buffer20 Oct ETF | September 30, 2020 | Diversified  |
| AllianzIM U.S. Equity Buffer20 Nov ETF | October 31, 2022 | Non-Diversified  |
| AllianzIM U.S. Equity Buffer20 Dec ETF | November 30, 2022 | Non-Diversified  |
| AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF | December 31, 2024 | Non-Diversified  |
| AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF | January 31, 2025 | Non-Diversified  |
| AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF | February 28, 2025 | Non-Diversified  |
| AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF | March 28, 2024 | Non-Diversified  |
| AllianzIM U.S. Equity Buffer15 Uncapped May ETF | April 30, 2024 | Non-Diversified  |
| AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF | May 31, 2024 | Non-Diversified  |
| AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF | June 28, 2024 | Non-Diversified  |
| AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF | July 31, 2024 | Non-Diversified  |
| AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF | August 30, 2024 | Non-Diversified  |
| AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF | September 30, 2024 | Non-Diversified  |
| AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF | October 31, 2024 | Non-Diversified  |
| AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF | November 29, 2024 | Non-Diversified  |
| AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF | December 31, 2021 | Diversified  |
| AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF | January 31, 2024 | Non-Diversified  |
| AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF | February 29, 2024 | Non-Diversified  |
| AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF | September 30, 2021 | Diversified  |
| AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF | April 30, 2024 | Non-Diversified  |
| AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF | May 31, 2024 | Non-Diversified  |

---

126<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Commencement of Operations** | **Diversification Status**  |
| AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF | January 31, 2024 | Non-Diversified  |
| AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF | March 28, 2024 | Non-Diversified  |
| AllianzIM U.S. Equity Buffer15 ETF | June 30, 2025 | Non-Diversified  |
| AllianzIM U.S. Equity Buffer100 Protection ETF | June 30, 2025 | Non-Diversified  |
| AllianzIM Buffer20 Allocation ETF | January 7, 2025 | Non-Diversified  |
| AllianzIM Buffer15 Uncapped Allocation ETF | March 5, 2025 | Non-Diversified  |
| AllianzIM 6 Month Buffer10 Allocation ETF | January 7, 2025 | Non-Diversified |

---

The Funds' investment adviser is Allianz Investment Management LLC (the "Adviser"). The Funds' distributor is Foreside Fund Services, LLC (the "Distributor").

AllianzIM U.S. Equity Buffer10 Jan ETF, AllianzIM U.S. Equity Buffer10 Feb ETF, AllianzIM U.S. Equity Buffer10 Mar ETF, AllianzIM U.S. Equity Buffer10 Apr ETF, AllianzIM U.S. Equity Buffer10 May ETF, AllianzIM U.S. Equity Buffer10 Jun ETF, AllianzIM U.S. Equity Buffer10 Jul ETF, AllianzIM U.S. Equity Buffer10 Aug ETF, AllianzIM U.S. Equity Buffer10 Sep ETF, AllianzIM U.S. Equity Buffer10 Oct ETF, AllianzIM U.S. Equity Buffer10 Nov ETF and AllianzIM U.S. Equity Buffer10 Dec ETF (collectively, the "Buffer10 ETFs") and AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF, AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF, AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF, AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF, AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF and AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF (collectively, the "6 Month Buffer10 ETFs") seek to match, at the end of the current Outcome Period (as defined in such Fund's prospectus), the share price returns of the SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust (the "Underlying ETF"), up to a specified upside Cap, while providing a Buffer against the first 10% of Underlying ETF losses. The Cap and the Buffer will be reduced after taking into account management fees and other Fund fees and expenses.

AllianzIM U.S. Equity Buffer20 Jan ETF, AllianzIM U.S. Equity Buffer20 Feb ETF, AllianzIM U.S. Equity Buffer20 Mar ETF, AllianzIM U.S. Equity Buffer20 Apr ETF, AllianzIM U.S. Equity Buffer20 May ETF, AllianzIM U.S. Equity Buffer20 Jun ETF, AllianzIM U.S. Equity Buffer20 Jul ETF, AllianzIM U.S. Equity Buffer20 Aug ETF, AllianzIM U.S. Equity Buffer20 Sep ETF, AllianzIM U.S. Equity Buffer20 Oct ETF, AllianzIM U.S. Equity Buffer20 Nov ETF and AllianzIM U.S. Equity Buffer20 Dec ETF (collectively, the "Buffer20 ETFs") seek to match, at the end of the current Outcome Period (as defined in such Fund's prospectus), the share price returns of the Underlying ETF, up to a specified upside Cap, while providing a Buffer against the first 20% of Underlying ETF losses. The Cap and the Buffer will be reduced after taking into account management fees and other Fund fees and expenses.

AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF, AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF, AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF, AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF, AllianzIM U.S. Equity Buffer15 Uncapped May ETF, AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF, AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF, AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF, AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF, AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF, AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF and AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF (collectively, the "Uncapped ETFs") seek to provide, at the end of the current Outcome Period (as defined in such Fund's prospectus), returns that track the share price returns of the Underlying ETF that are in excess of a specified Spread in positive markets environments, while providing downside protection with a Buffer against the first 15% of Underlying ETF losses. The stated Spread and Buffer are before Fund fees and expenses.

AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF and AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF (together, the

"6 Month Floor5 ETFs") seek to match, at the end of the current Outcome Period (as defined in such Fund's prospectus), the

share price returns of the Underlying ETF, up to a specified upside Cap, while providing a Floor with protection to a maximum loss of 5%. The stated Cap and Floor are before Fund fees and expenses.

AllianzIM U.S. Equity Buffer15 ETF seeks to match, at the end of the current Outcome Period (as defined in such Fund's prospectus), the share price returns of the Underlying ETF, up to a specified upside Cap, while providing a Buffer against the first 15% of Underlying ETF losses. The Cap and the Buffer will be reduced after taking into account management fees and other Fund fees and expenses.

127<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

AllianzIM U.S. Equity Buffer100 Protection ETF seeks to provide, at the end of the current Outcome Period (as defined in such Fund's prospectus), returns that track the share price returns of the Underlying ETF, subject to a Participation Rate (as defined in such Fund's prospectus), while providing a downside protection buffer against 100% of Underlying ETF losses, after taking into account the Fund's annualized management fee.

AllianzIM Buffer20 Allocation ETF, AllianzIM Buffer15 Uncapped Allocation ETF and AllianzIM 6 Month Buffer10 Allocation ETF (together, the "Allocation ETFs") seek to provide capital appreciation with downside risk mitigation. Each Allocation ETF is a "fund of funds", which means that it seeks to achieve its investment objective by investing primarily in a portfolio of underlying AllianzIM ETFs (the "Underlying Buffer ETFs").

The Underlying ETF is an exchange-traded unit investment trust that seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P 500<sup>®</sup> Index (the "Underlying Index"). The Underlying Index is a large-cap, market-weighted, U.S. equities index. The Underlying ETF seeks to achieve its investment objective by holding a portfolio of the common stocks that are included in the Underlying Index, with the weight of each stock in the Underlying ETF's portfolio substantially corresponding to the weight of such stock in the Underlying Index. The Funds that invest in the FLexible EXchange<sup>®</sup> Options ("FLEX Options") on the Underlying ETF will not receive or benefit from any dividend payments made by the Underlying ETF.

Each Fund is a separate series of the Trust, and each share of a Fund represents an equal proportionate interest in the Fund. All consideration received by the Trust for a Fund's shares and all assets of a Fund belong solely to that Fund and would be subject to liabilities related thereto.

The net asset value ("NAV") is determined as of the close of trading (normally 4:00 p.m., Eastern Time) on each day the New York Stock Exchange ("NYSE" or "Exchange") is open for business. NAV is calculated for each Fund by taking the market price of the Fund's total assets, including interest or dividends accrued but not yet collected, less all liabilities, and dividing such amount by the total number of shares outstanding. The result, rounded to the nearest cent, is the NAV per share.

**NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES** 

The accompanying financial statements were prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP"), which require the use of estimates and assumptions to be made by management. These may affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates. The following is a summary of significant accounting policies consistently followed by the Funds in preparation of their financial statements.

&nbsp;&nbsp;&nbsp;&nbsp;a. **Basis of Presentation** 

The financial statements have been prepared in conformity with GAAP as detailed in the Financial Accounting Standards Board's ("FASB") Accounting Standards Codification ("ASC"). Each Fund is an investment company and follows the accounting and reporting guidance in FASB Accounting Standards Codification Topic 946 "Financial Services – Investment Companies."

&nbsp;&nbsp;&nbsp;&nbsp;b. **Investment Valuation** 

The Funds' investments are valued daily at market or, in the absence of market value with respect to any investments, at fair value. Market value prices generally represent last sale or official closing prices from a national or foreign exchange (i.e., a regulated market) and are primarily obtained from third-party pricing services. The Board has designated the Adviser to fair value the Fund's portfolio securities and other assets for which market quotations are not readily available or reliable in accordance with valuation procedures approved by the Board. As a general principle, the current "fair value" of a security would be the amount which the owner might reasonably expect to receive for the security upon its current sale. Valuing a Fund's assets using fair value pricing can result in using prices for those assets that may differ from current market valuations and the Fund's NAV will be subject to the judgment of the Adviser. The Adviser's fair valuation process is subject to the oversight of the Board.

FLEX Options listed on an exchange (e.g., Cboe) generally are valued using a model-based price provided by the exchange at the official close of that exchange's trading day. The close of trading for some options exchanges may occur later than the closing of the NYSE. However, on days when a trade in the FLEX Options held by the Fund occurs, the same-day market trade price will

128<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

be used to value such FLEX Options in lieu of the model-based price. If there is no same-day market trade price for the FLEX Options and/or the exchange is unable to provide a model price, or if such prices are deemed by the Adviser, in its judgment, to be unreliable, the value of the FLEX Options may be priced at fair value as determined in accordance with valuation procedures approved by the Board and the requirements of the 1940 Act.

Options (other than FLEX Options) generally are valued at the last sale price on the principal exchange on which the option is traded, as of the close of the NYSE. If market quotations are not available or reliable, the value of an option may be priced at fair value as determined in accordance with valuation procedures approved by the Board and the requirements of the 1940 Act.

The Funds place excess cash balances into overnight time deposits with one or more eligible deposit institutions that meet credit and risk standards approved by the Funds. These are classified as short-term investments in the Funds' Schedule of Investments.

Fair value pricing is used by a Fund when reliable market valuations are not readily available or are not deemed to reflect current market values. Securities that may be valued using "fair value" pricing may include, but are not limited to, securities for which there are no current market quotations or whose issuer is in default or bankruptcy, securities subject to corporate actions (such as mergers or reorganizations), securities subject to non-U.S. investment limits or currency controls, and securities affected by "significant events." An example of a significant event is an event occurring after the close of the market in which a security trades but before a Fund's next net asset value calculation time that may materially affect the value of the Fund's investment (e.g., government action, natural disaster, or significant market fluctuation). When fair-value pricing is employed, the prices of securities used by a Fund to calculate its net asset value may differ from quoted or published prices for the same securities.

Various inputs are used in determining the value of the Funds' investments. The three levels defined by the hierarchy are as follows:

&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 — unadjusted quoted
 prices in active markets for identical assets

&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 — other significant inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 — significant unobservable inputs (including the Adviser's own assumptions in determining the fair value of assets and liabilities)

The inputs or methodology used for valuing assets and liabilities are not necessarily an indication of the risk associated with investing in those assets and liabilities.

The following tables summarize the valuation of the Funds' assets and liabilities under the fair value hierarchy levels as of October 31, 2025:

**AllianzIM U.S. Equity Buffer10 Jan ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $54209963 | $— | $54209963  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 179263 |  | 179263  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 743878 |  |  | 743878  |
| **Total Assets** | **$743878** | **$54389226** | **$—** | **$55133104**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $— | $(1922113) | $— | $(1922113)  |
| &nbsp;&nbsp;&nbsp; Put Options Written |  | (76142) |  | (76142)  |
| **Total Liabilities** | **$—** | **$(1998255)** | **$—** | **$(1998255)** |

---

129<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

**AllianzIM U.S. Equity Buffer10 Feb ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $104811000 | $— | $— | $104811000  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts | 792050 |  |  | 792050  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 290798 |  |  | 290798  |
| **Total Assets** | **$105893848** | **$—** | **$—** | **$105893848**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $(3123250) | $— | $— | $(3123250)  |
| &nbsp;&nbsp;&nbsp; Put Options Written | (358050) |  |  | (358050)  |
| **Total Liabilities** | **$(3481300)** | **$—** | **$—** | **$(3481300)** |

---

**AllianzIM U.S. Equity Buffer10 Mar ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $27739177 | $— | $27739177  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 259854 |  | 259854  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 109457 |  |  | 109457  |
| **Total Assets** | **$109457** | **$27999031** | **$—** | **$28108488**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $— | $(1211193) | $— | $(1211193)  |
| &nbsp;&nbsp;&nbsp; Put Options Written |  | (124866) |  | (124866)  |
| **Total Liabilities** | **$—** | **$(1336059)** | **$—** | **$(1336059)** |

---

**AllianzIM U.S. Equity Buffer10 Apr ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $44846898 | $— | $44846898  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 375273 |  | 375273  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 169012 |  |  | 169012  |
| **Total Assets** | **$169012** | **$45222171** | **$—** | **$45391183**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $— | $(4016696) | $— | $(4016696)  |
| &nbsp;&nbsp;&nbsp; Put Options Written |  | (205707) |  | (205707)  |
| **Total Liabilities** | **$—** | **$(4222403)** | **$—** | **$(4222403)** |

---

130<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

**AllianzIM U.S. Equity Buffer10 May ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $20877446 | $— | $20877446  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 204787 |  | 204787  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 66363 |  |  | 66363  |
| **Total Assets** | **$66363** | **$21082233** | **$—** | **$21148596**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $— | $(1880559) | $— | $(1880559)  |
| &nbsp;&nbsp;&nbsp; Put Options Written |  | (116644) |  | (116644)  |
| **Total Liabilities** | **$—** | **$(1997203)** | **$—** | **$(1997203)** |

---

**AllianzIM U.S. Equity Buffer10 Jun ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $22772411 | $— | $22772411  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 375505 |  | 375505  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 84109 |  |  | 84109  |
| **Total Assets** | **$84109** | **$23147916** | **$—** | **$23232025**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $— | $(1465509) | $— | $(1465509)  |
| &nbsp;&nbsp;&nbsp; Put Options Written |  | (206237) |  | (206237)  |
| **Total Liabilities** | **$—** | **$(1671746)** | **$—** | **$(1671746)** |

---

**AllianzIM U.S. Equity Buffer10 Jul ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $86929914 | $— | $86929914  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 2202791 |  | 2202791  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 143020 |  |  | 143020  |
| **Total Assets** | **$143020** | **$89132705** | **$—** | **$89275725**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $— | $(3713872) | $— | $(3713872)  |
| &nbsp;&nbsp;&nbsp; Put Options Written |  | (1213709) |  | (1213709)  |
| **Total Liabilities** | **$—** | **$(4927581)** | **$—** | **$(4927581)** |

---

131<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

**AllianzIM U.S. Equity Buffer10 Aug ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $37880671 | $— | $37880671  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 1192019 |  | 1192019  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 49943 |  |  | 49943  |
| **Total Assets** | **$49943** | **$39072690** | **$—** | **$39122633**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $— | $(1402111) | $— | $(1402111)  |
| &nbsp;&nbsp;&nbsp; Put Options Written |  | (670219) |  | (670219)  |
| **Total Liabilities** | **$—** | **$(2072330)** | **$—** | **$(2072330)** |

---

**AllianzIM U.S. Equity Buffer10 Sep ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $102827380 | $— | $102827380  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 3900538 |  | 3900538  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 30203 |  |  | 30203  |
| **Total Assets** | **$30203** | **$106727918** | **$—** | **$106758121**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $— | $(3566273) | $— | $(3566273)  |
| &nbsp;&nbsp;&nbsp; Put Options Written |  | (2235437) |  | (2235437)  |
| **Total Liabilities** | **$—** | **$(5801710)** | **$—** | **$(5801710)** |

---

**AllianzIM U.S. Equity Buffer10 Oct ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $58440919 | $— | $58440919  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 2839510 |  | 2839510  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 40002 |  |  | 40002  |
| **Total Assets** | **$40002** | **$61280429** | **$—** | **$61320431**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $— | $(1441845) | $— | $(1441845)  |
| &nbsp;&nbsp;&nbsp; Put Options Written |  | (1649145) |  | (1649145)  |
| **Total Liabilities** | **$—** | **$(3090990)** | **$—** | **$(3090990)** |

---

132<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

**AllianzIM U.S. Equity Buffer10 Nov ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $19100988 | $— | $— | $19100988  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts | 1113848 |  |  | 1113848  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 232358 |  |  | 232358  |
| **Total Assets** | **$20447194** | **$—** | **$—** | **$20447194**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $(323476) | $— | $— | $(323476)  |
| &nbsp;&nbsp;&nbsp; Put Options Written | (664276) |  |  | (664276)  |
| **Total Liabilities** | **$(987752)** | **$—** | **$—** | **$(987752)** |

---

**AllianzIM U.S. Equity Buffer10 Dec ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $117523410 | $— | $117523410  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 137142 |  | 137142  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 644247 |  |  | 644247  |
| **Total Assets** | **$644247** | **$117660552** | **$—** | **$118304799**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $— | $(1203604) | $— | $(1203604)  |
| &nbsp;&nbsp;&nbsp; Put Options Written |  | (47408) |  | (47408)  |
| **Total Liabilities** | **$—** | **$(1251012)** | **$—** | **$(1251012)** |

---

**AllianzIM U.S. Equity Buffer20 Jan ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $307996329 | $— | $307996329  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 1020722 |  | 1020722  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 2297016 |  |  | 2297016  |
| **Total Assets** | **$2297016** | **$309017051** | **$—** | **$311314067**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $— | $(19682138) | $— | $(19682138)  |
| &nbsp;&nbsp;&nbsp; Put Options Written |  | (222564) |  | (222564)  |
| **Total Liabilities** | **$—** | **$(19904702)** | **$—** | **$(19904702)** |

---

133<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

**AllianzIM U.S. Equity Buffer20 Feb ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $108082008 | $— | $108082008  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 821260 |  | 821260  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 454781 |  |  | 454781  |
| **Total Assets** | **$454781** | **$108903268** | **$—** | **$109358049**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $— | $(5880960) | $— | $(5880960)  |
| &nbsp;&nbsp;&nbsp; Put Options Written |  | (192239) |  | (192239)  |
| **Total Liabilities** | **$—** | **$(6073199)** | **$—** | **$(6073199)** |

---

**AllianzIM U.S. Equity Buffer20 Mar ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $73197971 | $— | $73197971  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 686843 |  | 686843  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 354864 |  |  | 354864  |
| **Total Assets** | **$354864** | **$73884814** | **$—** | **$74239678**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $— | $(5157115) | $— | $(5157115)  |
| &nbsp;&nbsp;&nbsp; Put Options Written |  | (182371) |  | (182371)  |
| **Total Liabilities** | **$—** | **$(5339486)** | **$—** | **$(5339486)** |

---

**AllianzIM U.S. Equity Buffer20 Apr ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $191865827 | $— | $191865827  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 1607864 |  | 1607864  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 514131 |  |  | 514131  |
| **Total Assets** | **$514131** | **$193473691** | **$—** | **$193987822**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $— | $(23133098) | $— | $(23133098)  |
| &nbsp;&nbsp;&nbsp; Put Options Written |  | (535216) |  | (535216)  |
| **Total Liabilities** | **$—** | **$(23668314)** | **$—** | **$(23668314)** |

---

134<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

**AllianzIM U.S. Equity Buffer20 May ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $78097822 | $— | $78097822  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 767122 |  | 767122  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 225851 |  |  | 225851  |
| **Total Assets** | **$225851** | **$78864944** | **$—** | **$79090795**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $— | $(9853814) | $— | $(9853814)  |
| &nbsp;&nbsp;&nbsp; Put Options Written |  | (267348) |  | (267348)  |
| **Total Liabilities** | **$—** | **$(10121162)** | **$—** | **$(10121162)** |

---

**AllianzIM U.S. Equity Buffer20 Jun ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $69189704 | $— | $69189704  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 1142405 |  | 1142405  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 147927 |  |  | 147927  |
| **Total Assets** | **$147927** | **$70332109** | **$—** | **$70480036**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $— | $(6453719) | $— | $(6453719)  |
| &nbsp;&nbsp;&nbsp; Put Options Written |  | (360540) |  | (360540)  |
| **Total Liabilities** | **$—** | **$(6814259)** | **$—** | **$(6814259)** |

---

**AllianzIM U.S. Equity Buffer20 Jul ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $323836402 | $— | $323836402  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 8216049 |  | 8216049  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 508611 |  |  | 508611  |
| **Total Assets** | **$508611** | **$332052451** | **$—** | **$332561062**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $— | $(21997158) | $— | $(21997158)  |
| &nbsp;&nbsp;&nbsp; Put Options Written |  | (2520747) |  | (2520747)  |
| **Total Liabilities** | **$—** | **$(24517905)** | **$—** | **$(24517905)** |

---

135<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

**AllianzIM U.S. Equity Buffer20 Aug ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $157036198 | $— | $157036198  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 4947312 |  | 4947312  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 183814 |  |  | 183814  |
| **Total Assets** | **$183814** | **$161983510** | **$—** | **$162167324**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $— | $(9206576) | $— | $(9206576)  |
| &nbsp;&nbsp;&nbsp; Put Options Written |  | (1553364) |  | (1553364)  |
| **Total Liabilities** | **$—** | **$(10759940)** | **$—** | **$(10759940)** |

---

**AllianzIM U.S. Equity Buffer20 Sep ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $300967433 | $— | $300967433  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 11429447 |  | 11429447  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 224742 |  |  | 224742  |
| **Total Assets** | **$224742** | **$312396880** | **$—** | **$312621622**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $— | $(16479927) | $— | $(16479927)  |
| &nbsp;&nbsp;&nbsp; Put Options Written |  | (3682800) |  | (3682800)  |
| **Total Liabilities** | **$—** | **$(20162727)** | **$—** | **$(20162727)** |

---

**AllianzIM U.S. Equity Buffer20 Oct ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $331109604 | $— | $331109604  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 16107684 |  | 16107684  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 203346 |  |  | 203346  |
| **Total Assets** | **$203346** | **$347217288** | **$—** | **$347420634**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $— | $(13711174) | $— | $(13711174)  |
| &nbsp;&nbsp;&nbsp; Put Options Written |  | (5269074) |  | (5269074)  |
| **Total Liabilities** | **$—** | **$(18980248)** | **$—** | **$(18980248)** |

---

136<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

**AllianzIM U.S. Equity Buffer20 Nov ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $57432354 | $— | $— | $57432354  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts | 3352804 |  |  | 3352804  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 459222 |  |  | 459222  |
| **Total Assets** | **$61244380** | **$—** | **$—** | **$61244380**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $(1808772) | $— | $— | $(1808772)  |
| &nbsp;&nbsp;&nbsp; Put Options Written | (1166564) |  |  | (1166564)  |
| **Total Liabilities** | **$(2975336)** | **$—** | **$—** | **$(2975336)** |

---

**AllianzIM U.S. Equity Buffer20 Dec ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $397741661 | $— | $397741661  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 465470 |  | 465470  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 2309383 |  |  | 2309383  |
| **Total Assets** | **$2309383** | **$398207131** | **$—** | **$400516514**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $— | $(12988332) | $— | $(12988332)  |
| &nbsp;&nbsp;&nbsp; Put Options Written |  | (62504) |  | (62504)  |
| **Total Liabilities** | **$—** | **$(13050836)** | **$—** | **$(13050836)** |

---

**AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | &nbsp;&nbsp; $77335995 | $— | $77335995  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | &nbsp;&nbsp; 367429 |  | 367429  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 342012 | &nbsp;&nbsp; — |  | 342012  |
| **Total Assets** | **$342012** | &nbsp;&nbsp; **$77703424** | **$—** | **$78045436**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Put Options Written | $— | &nbsp;&nbsp; $(79603) | $— | $(79603)  |
| **Total Liabilities** | **$—** | &nbsp;&nbsp; **$(79603)** | **$—** | **$(79603)** |

---

137<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

**AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $46980020 | $— | $46980020  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 442047 |  | 442047  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 240434 |  |  | 240434  |
| **Total Assets** | **$240434** | **$47422067** | **$—** | **$47662501**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Put Options Written | $— | $(113797) | $— | $(113797)  |
| **Total Liabilities** | **$—** | **$(113797)** | **$—** | **$(113797)** |

---

**AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $23527431 | $— | $23527431  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 302210 |  | 302210  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 62663 |  |  | 62663  |
| **Total Assets** | **$62663** | **$23829641** | **$—** | **$23892304**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Put Options Written | $— | $(79835) | $— | $(79835)  |
| **Total Liabilities** | **$—** | **$(79835)** | **$—** | **$(79835)** |

---

**AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $48353451 | $— | $48353451  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 548948 |  | 548948  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | $140173 | $— | $— | $140173  |
| **Total Assets** | **$140173** | **$48902399** | **$—** | **$49042572**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Put Options Written | $— | $(176841) | $— | $(176841)  |
| **Total Liabilities** | **$—** | **$(176841)** | **$—** | **$(176841)** |

---

138<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

**AllianzIM U.S. Equity Buffer15 Uncapped May ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $24338693 | $— | $24338693  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 334181 |  | 334181  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 32701 |  |  | 32701  |
| **Total Assets** | **$32701** | **$24672874** | **$—** | **$24705575**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Put Options Written | $— | $(110058) | $— | $(110058)  |
| **Total Liabilities** | **$—** | **$(110058)** | **$—** | **$(110058)** |

---

**AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $25596157 | $— | $25596157  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 553927 |  | 553927  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 45800 |  |  | 45800  |
| **Total Assets** | **$45800** | **$26150084** | **$—** | **$26195884**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Put Options Written | $— | $(180210) | $— | $(180210)  |
| **Total Liabilities** | **$—** | **$(180210)** | **$—** | **$(180210)** |

---

**AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $140114542 | $— | $140114542  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 4540042 |  | 4540042  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 177396 |  |  | 177396  |
| **Total Assets** | **$177396** | **$144654584** | **$—** | **$144831980**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Put Options Written | $— | $(1500711) | $— | $(1500711)  |
| **Total Liabilities** | **$—** | **$(1500711)** | **$—** | **$(1500711)** |

---

139<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

**AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $29549721 | $— | &nbsp;&nbsp; $29549721  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 1157274 |  | &nbsp;&nbsp; 1157274  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 58891 |  |  | &nbsp;&nbsp; 58891  |
| **Total Assets** | **$58891** | **$30706995** | **$—** | &nbsp;&nbsp; **$30765886**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Put Options Written | $— | $(402366) | $— | &nbsp;&nbsp; $(402366)  |
| **Total Liabilities** | **$—** | **$(402366)** | **$—** | &nbsp;&nbsp; **$(402366)** |

---

**AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $126102876 | $— | $126102876  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 5961882 |  | 5961882  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 106994 |  |  | 106994  |
| **Total Assets** | **$106994** | **$132064758** | **$—** | **$132171752**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Put Options Written | $— | $(2124022) | $— | $(2124022)  |
| **Total Liabilities** | **$—** | **$(2124022)** | **$—** | **$(2124022)** |

---

**AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $58984126 | $— | $58984126  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 3658491 |  | 3658491  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 15354 |  |  | 15354  |
| **Total Assets** | **$15354** | **$62642617** | **$—** | **$62657971**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Put Options Written | $— | $(1299526) | $— | $(1299526)  |
| **Total Liabilities** | **$—** | **$(1299526)** | **$—** | **$(1299526)** |

---

140<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

**AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $30358710 | $— | $— | $30358710  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts | 2302530 |  |  | 2302530  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 159139 |  |  | 159139  |
| **Total Assets** | **$32820379** | **$—** | **$—** | **$32820379**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Put Options Written | $(845530) | $— | $— | $(845530)  |
| **Total Liabilities** | **$(845530)** | **$—** | **$—** | **$(845530)** |

---

**AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $279404467 | $— | $279404467  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 541109 |  | 541109  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 576430 |  |  | 576430  |
| **Total Assets** | **$576430** | **$279945576** | **$—** | **$280522006**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Put Options Written | $— | $(71995) | $— | $(71995)  |
| **Total Liabilities** | **$—** | **$(71995)** | **$—** | **$(71995)** |

---

**AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $150615001 | $— | $150615001  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 898153 |  | 898153  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 1088728 |  |  | 1088728  |
| **Total Assets** | **$1088728** | **$151513154** | **$—** | **$152601882**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $— | $(6949174) | $— | $(6949174)  |
| &nbsp;&nbsp;&nbsp; Put Options Written |  | (308806) |  | (308806)  |
| **Total Liabilities** | **$—** | **$(7257980)** | **$—** | **$(7257980)** |

---

141<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

**AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $65434864 | $— | $— | $65434864  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts | 786984 |  |  | 786984  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 272862 |  |  | 272862  |
| **Total Assets** | **$66494710** | **$—** | **$—** | **$66494710**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $(2593272) | $— | $— | $(2593272)  |
| &nbsp;&nbsp;&nbsp; Put Options Written | (315568) |  |  | (315568)  |
| **Total Liabilities** | **$(2908840)** | **$—** | **$—** | **$(2908840)** |

---

**AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $329918274 | $— | $329918274  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 6117241 |  | 6117241  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 1515425 |  |  | 1515425  |
| **Total Assets** | **$1515425** | **$336035515** | **$—** | **$337550940**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $— | $(11936961) | $— | $(11936961)  |
| &nbsp;&nbsp;&nbsp; Put Options Written |  | (2593530) |  | (2593530)  |
| **Total Liabilities** | **$—** | **$(14530491)** | **$—** | **$(14530491)** |

---

**AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $132699504 | $— | $132699504  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 3990138 |  | 3990138  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 500520 |  |  | 500520  |
| **Total Assets** | **$500520** | **$136689642** | **$—** | **$137190162**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $— | $(3310481) | $— | $(3310481)  |
| &nbsp;&nbsp;&nbsp; Put Options Written |  | (1779544) |  | (1779544)  |
| **Total Liabilities** | **$—** | **$(5090025)** | **$—** | **$(5090025)** |

---

142<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

**AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $16711728 | $— | $— | $16711728  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts | 678528 |  |  | 678528  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 147460 |  |  | 147460  |
| **Total Assets** | **$17537716** | **$—** | **$—** | **$17537716**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $(285448) | $— | $— | $(285448)  |
| &nbsp;&nbsp;&nbsp; Put Options Written | (315207) |  |  | (315207)  |
| **Total Liabilities** | **$(600655)** | **$—** | **$—** | **$(600655)** |

---

**AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $35384213 | $— | $35384213  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 31357 |  | 31357  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 313426 |  |  | 313426  |
| **Total Assets** | **$313426** | **$35415570** | **$—** | **$35728996**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $— | $(2615210) | $— | $(2615210)  |
| &nbsp;&nbsp;&nbsp; Put Options Written |  | (11839) |  | (11839)  |
| **Total Liabilities** | **$—** | **$(2627049)** | **$—** | **$(2627049)** |

---

**AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $9120299 | $— | $9120299  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 30675 |  | 30675  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 46196 |  |  | 46196  |
| **Total Assets** | **$46196** | **$9150974** | **$—** | **$9197170**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $— | $(503932) | $— | $(503932)  |
| **Total Liabilities** | **$—** | **$(503932)** | **$—** | **$(503932)** |

---

143<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

**AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $11399071 | $— | $11399071  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 227242 |  | 227242  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 16640 |  |  | 16640  |
| **Total Assets** | **$16640** | **$11626313** | **$—** | **$11642953**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $— | $(350369) | $— | $(350369)  |
| **Total Liabilities** | **$—** | **$(350369)** | **$—** | **$(350369)** |

---

**AllianzIM U.S. Equity Buffer15 ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $22077078 | $— | $— | $22077078  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts | 357411 |  |  | 357411  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 122429 |  |  | 122429  |
| **Total Assets** | **$22556918** | **$—** | **$—** | **$22556918**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $(575193) | $— | $— | $(575193)  |
| &nbsp;&nbsp;&nbsp; Put Options Written | (53955) |  |  | (53955)  |
| **Total Liabilities** | **$(629148)** | **$—** | **$—** | **$(629148)** |

---

**AllianzIM U.S. Equity Buffer100 Protection ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Calls | $— | $22016397 | $— | $22016397  |
| &nbsp;&nbsp;&nbsp; Option Purchased - Puts |  | 354887 |  | 354887  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 156896 |  |  | 156896  |
| **Total Assets** | **$156896** | **$22371284** | **$—** | **$22528180**  |
| **Liabilities**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Call Options Written | $— | $(685496) | $— | $(685496)  |
| **Total Liabilities** | **$—** | **$(685496)** | **$—** | **$(685496)** |

---

**AllianzIM Buffer20 Allocation ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Affiliated Exchange-Traded Funds | $41239066 | $— | $— | $41239066  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 11210 |  |  | 11210  |
| **Total Assets** | **$41250276** | **$—** | **$—** | **$41250276** |

---

144<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

**AllianzIM Buffer15 Uncapped Allocation ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Affiliated Exchange-Traded Funds | $86856762 | $— | $— | $86856762  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 20224 |  |  | 20224  |
| **Total Assets** | **$86876986** | **$—** | **$—** | **$86876986** |

---

**AllianzIM 6 Month Buffer10 Allocation ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total**  |
| **Assets**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Affiliated Exchange-Traded Funds | $37895551 | $— | $— | $37895551  |
| **Short-Term Investments**<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Time Deposits | 8220 |  |  | 8220  |
| **Total Assets** | **$37903771** | **$—** | **$—** | **$37903771** |

---

&nbsp;&nbsp;&nbsp;&nbsp;c. **Derivatives** 

**FLEX Options - Each Fund, with the exception of the Allocation ETFs, intends to invest substantially all of its assets in FLEX Options on the Underlying ETF (as described above). FLEX Options are customizable exchange-traded option contracts guaranteed for settlement by the Options Clearing Corporation ("OCC"), a market clearinghouse.** 

**Options on ETF - The FLEX Options in which each Fund, other than the Allocation ETFs, invests are both purchased and written put and call options on the Underlying ETF. The Funds may also invest in other types of options. In general, an options contract is an agreement between a buyer and seller that gives the purchaser of the option the right, but not the obligation, to buy (in the case of a call option) or sell (in the case of a put option) a particular asset at a specified future date at an agreed upon price.** 

The Funds purchase and sell call and put FLEX Options. In general, put options give the holder (i.e., the buyer) the right, but not the obligation, to sell an asset (or, in the case of certain put options, to receive a cash settlement equal to the amount by which the strike price of the option exceeds the value of the asset, times a specified multiple) and the seller (i.e., the writer) of the put has the obligation to buy the asset (or, in the case of an certain put options, to deliver a cash settlement equal to the amount by which the strike price of the option exceeds the value of the asset, times a specified multiple) at a certain defined price. Call options give the holder (i.e., the buyer) the right, but not the obligation, to buy an asset (or, in the case of certain call options, to receive a cash settlement equal to the amount by which the value of the asset exceeds the strike price of the option, times a specified multiple) and the seller (i.e., the writer) the obligation to sell the asset (or, in the case of certain call options, to deliver a cash settlement equal to the amount by which the value of the asset exceeds the strike price of the option, times a specified multiple) at a certain defined price.

&nbsp;&nbsp;&nbsp;&nbsp;d. **Summary of Derivatives Information** 

The following tables present the value of derivatives held as of October 31, 2025, by the primary underlying risk exposure and respective location in the Statements of Assets and Liabilities:

---

| | | |
|:---|:---|:---|
| | **Statements of Assets and Liabilities Location**  | **Statements of Assets and Liabilities Location**  |
| <br>**Equity Contracts** | **Investments,** <br>**at value** | **Options Contracts** <br>**Written, at value**  |
| AllianzIM U.S. Equity Buffer10 Jan ETF | &nbsp;&nbsp; $54389226 | &nbsp;&nbsp;&nbsp;&nbsp; $(1998255)  |
| AllianzIM U.S. Equity Buffer10 Feb ETF | &nbsp;&nbsp; 105603050 | &nbsp;&nbsp;&nbsp;&nbsp; (3481300)  |
| AllianzIM U.S. Equity Buffer10 Mar ETF | &nbsp;&nbsp; 27999031 | &nbsp;&nbsp;&nbsp;&nbsp; (1336059)  |
| AllianzIM U.S. Equity Buffer10 Apr ETF | &nbsp;&nbsp; 45222171 | &nbsp;&nbsp;&nbsp;&nbsp; (4222403)  |
| AllianzIM U.S. Equity Buffer10 May ETF | &nbsp;&nbsp; 21082233 | &nbsp;&nbsp;&nbsp;&nbsp; (1997203)  |
| AllianzIM U.S. Equity Buffer10 Jun ETF | &nbsp;&nbsp; 23147916 | &nbsp;&nbsp;&nbsp;&nbsp; (1671746)  |

---

145<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

---

| | | |
|:---|:---|:---|
| | **Statements of Assets and Liabilities Location**  | **Statements of Assets and Liabilities Location**  |
| <br>**Equity Contracts** | **Investments,** <br>**at value** | **Options Contracts** <br>**Written, at value**  |
| AllianzIM U.S. Equity Buffer10 Jul ETF | &nbsp;&nbsp; $89132705 | &nbsp;&nbsp;&nbsp;&nbsp; $(4927581)  |
| AllianzIM U.S. Equity Buffer10 Aug ETF | &nbsp;&nbsp; 39072690 | &nbsp;&nbsp;&nbsp;&nbsp; (2072330)  |
| AllianzIM U.S. Equity Buffer10 Sep ETF | &nbsp;&nbsp; 106727918 | &nbsp;&nbsp;&nbsp;&nbsp; (5801710)  |
| AllianzIM U.S. Equity Buffer10 Oct ETF | &nbsp;&nbsp; 61280429 | &nbsp;&nbsp;&nbsp;&nbsp; (3090990)  |
| AllianzIM U.S. Equity Buffer10 Nov ETF | &nbsp;&nbsp; 20214836 | &nbsp;&nbsp;&nbsp;&nbsp; (987752)  |
| AllianzIM U.S. Equity Buffer10 Dec ETF | &nbsp;&nbsp; 117660552 | &nbsp;&nbsp;&nbsp;&nbsp; (1251012)  |
| AllianzIM U.S. Equity Buffer20 Jan ETF | &nbsp;&nbsp; 309017051 | &nbsp;&nbsp;&nbsp;&nbsp; (19904702)  |
| AllianzIM U.S. Equity Buffer20 Feb ETF | &nbsp;&nbsp; 108903268 | &nbsp;&nbsp;&nbsp;&nbsp; (6073199)  |
| AllianzIM U.S. Equity Buffer20 Mar ETF | &nbsp;&nbsp; 73884814 | &nbsp;&nbsp;&nbsp;&nbsp; (5339486)  |
| AllianzIM U.S. Equity Buffer20 Apr ETF | &nbsp;&nbsp; 193473691 | &nbsp;&nbsp;&nbsp;&nbsp; (23668314)  |
| AllianzIM U.S. Equity Buffer20 May ETF | &nbsp;&nbsp; 78864944 | &nbsp;&nbsp;&nbsp;&nbsp; (10121162)  |
| AllianzIM U.S. Equity Buffer20 Jun ETF | &nbsp;&nbsp; 70332109 | &nbsp;&nbsp;&nbsp;&nbsp; (6814259)  |
| AllianzIM U.S. Equity Buffer20 Jul ETF | &nbsp;&nbsp; 332052451 | &nbsp;&nbsp;&nbsp;&nbsp; (24517905)  |
| AllianzIM U.S. Equity Buffer20 Aug ETF | &nbsp;&nbsp; 161983510 | &nbsp;&nbsp;&nbsp;&nbsp; (10759940)  |
| AllianzIM U.S. Equity Buffer20 Sep ETF | &nbsp;&nbsp; 312396880 | &nbsp;&nbsp;&nbsp;&nbsp; (20162727)  |
| AllianzIM U.S. Equity Buffer20 Oct ETF | &nbsp;&nbsp; 347217288 | &nbsp;&nbsp;&nbsp;&nbsp; (18980248)  |
| AllianzIM U.S. Equity Buffer20 Nov ETF | &nbsp;&nbsp; 60785158 | &nbsp;&nbsp;&nbsp;&nbsp; (2975336)  |
| AllianzIM U.S. Equity Buffer20 Dec ETF | &nbsp;&nbsp; 398207131 | &nbsp;&nbsp;&nbsp;&nbsp; (13050836)  |
| AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF | &nbsp;&nbsp; 77703424 | &nbsp;&nbsp;&nbsp;&nbsp; (79603)  |
| AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF | &nbsp;&nbsp; 47422067 | &nbsp;&nbsp;&nbsp;&nbsp; (113797)  |
| AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF | &nbsp;&nbsp; 23829641 | &nbsp;&nbsp;&nbsp;&nbsp; (79835)  |
| AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF | &nbsp;&nbsp; 48902399 | &nbsp;&nbsp;&nbsp;&nbsp; (176841)  |
| AllianzIM U.S. Equity Buffer15 Uncapped May ETF | &nbsp;&nbsp; 24672874 | &nbsp;&nbsp;&nbsp;&nbsp; (110058)  |
| AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF | &nbsp;&nbsp; 26150084 | &nbsp;&nbsp;&nbsp;&nbsp; (180210)  |
| AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF | &nbsp;&nbsp; 144654584 | &nbsp;&nbsp;&nbsp;&nbsp; (1500711)  |
| AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF | &nbsp;&nbsp; 30706995 | &nbsp;&nbsp;&nbsp;&nbsp; (402366)  |
| AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF | &nbsp;&nbsp; 132064758 | &nbsp;&nbsp;&nbsp;&nbsp; (2124022)  |
| AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF | &nbsp;&nbsp; 62642617 | &nbsp;&nbsp;&nbsp;&nbsp; (1299526)  |
| AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF | &nbsp;&nbsp; 32661240 | &nbsp;&nbsp;&nbsp;&nbsp; (845530)  |
| AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF | &nbsp;&nbsp; 279945576 | &nbsp;&nbsp;&nbsp;&nbsp; (71995)  |
| AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF | &nbsp;&nbsp; 151513154 | &nbsp;&nbsp;&nbsp;&nbsp; (7257980)  |
| AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF | &nbsp;&nbsp; 66221848 | &nbsp;&nbsp;&nbsp;&nbsp; (2908840)  |
| AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF | &nbsp;&nbsp; 336035515 | &nbsp;&nbsp;&nbsp;&nbsp; (14530491)  |
| AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF | &nbsp;&nbsp; 136689642 | &nbsp;&nbsp;&nbsp;&nbsp; (5090025)  |
| AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF | &nbsp;&nbsp; 17390256 | &nbsp;&nbsp;&nbsp;&nbsp; (600655)  |
| AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF | &nbsp;&nbsp; 35415570 | &nbsp;&nbsp;&nbsp;&nbsp; (2627049)  |
| AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF | &nbsp;&nbsp; 9150974 | &nbsp;&nbsp;&nbsp;&nbsp; (503932)  |
| AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF | &nbsp;&nbsp; 11626313 | &nbsp;&nbsp;&nbsp;&nbsp; (350369)  |
| AllianzIM U.S. Equity Buffer15 ETF | &nbsp;&nbsp; 22434489 | &nbsp;&nbsp;&nbsp;&nbsp; (629148)  |
| AllianzIM U.S. Equity Buffer100 Protection ETF | &nbsp;&nbsp; 22371284 | &nbsp;&nbsp;&nbsp;&nbsp; (685496) |

---

146<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

The following tables present the effect of derivatives in the Statements of Operations for the year or period ended October 31, 2025, by primary underlying risk exposure:

---

| | | | |
|:---|:---|:---|:---|
| **Amount of Net Realized Gain (Loss) on Derivatives** <br>**Recognized in the Statements of Operations** | **Options Contracts** <br>**Purchased** | **Options Contracts** <br>**Written** | **Redemptions** <br>**In-Kind** |
| **Equity Contracts**<br>|  |  |  |
| AllianzIM U.S. Equity Buffer10 Jan ETF | &nbsp;&nbsp; $(3027834) | &nbsp;&nbsp; $(2120750) | $17653364  |
| AllianzIM U.S. Equity Buffer10 Feb ETF | &nbsp;&nbsp; (1054855) | &nbsp;&nbsp; (1463147) | 6283511  |
| AllianzIM U.S. Equity Buffer10 Mar ETF | &nbsp;&nbsp; (1248380) | &nbsp;&nbsp; 203837 | 5299091  |
| AllianzIM U.S. Equity Buffer10 Apr ETF | &nbsp;&nbsp; (1688809) | &nbsp;&nbsp; (23563) | 5279532  |
| AllianzIM U.S. Equity Buffer10 May ETF | &nbsp;&nbsp; (563826) | &nbsp;&nbsp; 284793 | 77603  |
| AllianzIM U.S. Equity Buffer10 Jun ETF | &nbsp;&nbsp; (683218) | &nbsp;&nbsp; 8959 | 2046484  |
| AllianzIM U.S. Equity Buffer10 Jul ETF | &nbsp;&nbsp; (2896738) | &nbsp;&nbsp; 72139 | 13768870  |
| AllianzIM U.S. Equity Buffer10 Aug ETF | &nbsp;&nbsp; (1844048) | &nbsp;&nbsp; 103324 | 11234610  |
| AllianzIM U.S. Equity Buffer10 Sep ETF | &nbsp;&nbsp; (812314) | &nbsp;&nbsp; 90794 | 7456424  |
| AllianzIM U.S. Equity Buffer10 Oct ETF | &nbsp;&nbsp; (1145876) | &nbsp;&nbsp; (619735) | 16509612  |
| AllianzIM U.S. Equity Buffer10 Nov ETF | &nbsp;&nbsp; (443286) | &nbsp;&nbsp; (527982) | 5856348  |
| AllianzIM U.S. Equity Buffer10 Dec ETF | &nbsp;&nbsp; (486621) | &nbsp;&nbsp; (1986044) | 1675625  |
| AllianzIM U.S. Equity Buffer20 Jan ETF | &nbsp;&nbsp; (13048617) | &nbsp;&nbsp; (14649430) | 47442748  |
| AllianzIM U.S. Equity Buffer20 Feb ETF | &nbsp;&nbsp; (2608965) | &nbsp;&nbsp; (5630009) | 13623705  |
| AllianzIM U.S. Equity Buffer20 Mar ETF | &nbsp;&nbsp; (2778847) | &nbsp;&nbsp; (1216902) | 12382382  |
| AllianzIM U.S. Equity Buffer20 Apr ETF | &nbsp;&nbsp; (6283921) | &nbsp;&nbsp; 338609 | 18149966  |
| AllianzIM U.S. Equity Buffer20 May ETF | &nbsp;&nbsp; (165816) | &nbsp;&nbsp; (116930) | 7906978  |
| AllianzIM U.S. Equity Buffer20 Jun ETF | &nbsp;&nbsp; (2333288) | &nbsp;&nbsp; 563902 | 3997056  |
| AllianzIM U.S. Equity Buffer20 Jul ETF | &nbsp;&nbsp; (1667376) | &nbsp;&nbsp; (1367577) | 27834019  |
| AllianzIM U.S. Equity Buffer20 Aug ETF | &nbsp;&nbsp; (7490216) | &nbsp;&nbsp; (2306379) | 35634362  |
| AllianzIM U.S. Equity Buffer20 Sep ETF | &nbsp;&nbsp; (3169536) | &nbsp;&nbsp; (1275560) | 19234144  |
| AllianzIM U.S. Equity Buffer20 Oct ETF | &nbsp;&nbsp; (3710089) | &nbsp;&nbsp; (6136637) | 38562528  |
| AllianzIM U.S. Equity Buffer20 Nov ETF | &nbsp;&nbsp; (1167655) | &nbsp;&nbsp; (3274021) | 11656926  |
| AllianzIM U.S. Equity Buffer20 Dec ETF | &nbsp;&nbsp; (2242366) | &nbsp;&nbsp; (11228371) | 17364230  |
| AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF | &nbsp;&nbsp; (297285) | &nbsp;&nbsp; (13869) | 924107  |
| AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF | &nbsp;&nbsp; (99181) | &nbsp;&nbsp; (1635) | 1453906  |
| AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF | &nbsp;&nbsp; (13202) | (625) | 6609  |
| AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF | &nbsp;&nbsp; (1927833) | &nbsp;&nbsp; (28037) | 732034  |
| AllianzIM U.S. Equity Buffer15 Uncapped May ETF | &nbsp;&nbsp; (1321509) | &nbsp;&nbsp; 83430 | 200021  |
| AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF | &nbsp;&nbsp; (799067) | &nbsp;&nbsp; 44 | 376441  |
| AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF | &nbsp;&nbsp; (735010) | &nbsp;&nbsp; 8655 | 4393077  |
| AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF | &nbsp;&nbsp; (2222646) | &nbsp;&nbsp; 4267 | 6529248  |
| AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF | &nbsp;&nbsp; (1704183) | &nbsp;&nbsp; 2994 | 4055533  |
| AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF | &nbsp;&nbsp; (1189363) | &nbsp;&nbsp; 2448 | 7493545  |
| AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF | &nbsp;&nbsp; (590260) | (150) | 4886542  |
| AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF | &nbsp;&nbsp; (18115) | &nbsp;&nbsp; (1973) | 422172  |
| AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF | &nbsp;&nbsp; (7208577) | &nbsp;&nbsp; 973221 | 38990511  |
| AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF | &nbsp;&nbsp; (2703913) | &nbsp;&nbsp; 33284 | 7087574  |
| AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF | &nbsp;&nbsp; (3080602) | &nbsp;&nbsp; 125102 | 10667375  |
| AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF | &nbsp;&nbsp; (10117988) | &nbsp;&nbsp; (8047414) | 35873389  |
| AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF | &nbsp;&nbsp; (1659577) | &nbsp;&nbsp; (1617289) | 4975506  |
| AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF | &nbsp;&nbsp; (3326387) | &nbsp;&nbsp; (962753) | 6731028  |
| AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF | &nbsp;&nbsp; (630919) | &nbsp;&nbsp; 131751 | 4377394  |
| AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF | &nbsp;&nbsp; (1446535) | &nbsp;&nbsp; (1349632) | 4206801  |
| AllianzIM U.S. Equity Buffer15 ETF | &nbsp;&nbsp; 7755 | &nbsp;&nbsp; (213248) | 386063  |
| AllianzIM U.S. Equity Buffer100 Protection ETF | &nbsp;&nbsp; 108110 | &nbsp;&nbsp; (602895) | 923066 |

---

147<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

---

| | | |
|:---|:---|:---|
| **Amount of Change in Unrealized Appreciation (Depreciation)** <br>**on Derivatives Recognized in the Statements of Operations** | **Options Contracts** <br>**Purchased** | **Options Contracts** <br>**Written**  |
| **Equity Contracts**<br>|  |  |
| AllianzIM U.S. Equity Buffer10 Jan ETF | &nbsp;&nbsp; $2008675 | &nbsp;&nbsp; $1254753  |
| AllianzIM U.S. Equity Buffer10 Feb ETF | &nbsp;&nbsp; 8922448 | &nbsp;&nbsp; 2420968  |
| AllianzIM U.S. Equity Buffer10 Mar ETF | &nbsp;&nbsp; 528556 | &nbsp;&nbsp; (328969)  |
| AllianzIM U.S. Equity Buffer10 Apr ETF | &nbsp;&nbsp; 3796968 | &nbsp;&nbsp; (2724619)  |
| AllianzIM U.S. Equity Buffer10 May ETF | &nbsp;&nbsp; 3029247 | &nbsp;&nbsp; (640386)  |
| AllianzIM U.S. Equity Buffer10 Jun ETF | &nbsp;&nbsp; 1819749 | &nbsp;&nbsp; (628142)  |
| AllianzIM U.S. Equity Buffer10 Jul ETF | &nbsp;&nbsp; 4543309 | &nbsp;&nbsp; (1475818)  |
| AllianzIM U.S. Equity Buffer10 Aug ETF | &nbsp;&nbsp; (1287930) | &nbsp;&nbsp; (740795)  |
| AllianzIM U.S. Equity Buffer10 Sep ETF | &nbsp;&nbsp; 3735610 | &nbsp;&nbsp; (1647735)  |
| AllianzIM U.S. Equity Buffer10 Oct ETF | &nbsp;&nbsp; 1384123 | &nbsp;&nbsp; (566257)  |
| AllianzIM U.S. Equity Buffer10 Nov ETF | &nbsp;&nbsp; 1501 | &nbsp;&nbsp; 1501  |
| AllianzIM U.S. Equity Buffer10 Dec ETF | &nbsp;&nbsp; 9528188 | &nbsp;&nbsp; 3041891  |
| AllianzIM U.S. Equity Buffer20 Jan ETF | &nbsp;&nbsp; 17976670 | &nbsp;&nbsp; 3378137  |
| AllianzIM U.S. Equity Buffer20 Feb ETF | &nbsp;&nbsp; 2963046 | &nbsp;&nbsp; 1134945  |
| AllianzIM U.S. Equity Buffer20 Mar ETF | &nbsp;&nbsp; 1895667 | &nbsp;&nbsp; (1585443)  |
| AllianzIM U.S. Equity Buffer20 Apr ETF | &nbsp;&nbsp; 16885837 | &nbsp;&nbsp; (15735912)  |
| AllianzIM U.S. Equity Buffer20 May ETF | &nbsp;&nbsp; 5891730 | &nbsp;&nbsp; (4502041)  |
| AllianzIM U.S. Equity Buffer20 Jun ETF | &nbsp;&nbsp; 4935895 | &nbsp;&nbsp; (3069114)  |
| AllianzIM U.S. Equity Buffer20 Jul ETF | &nbsp;&nbsp; 16083776 | &nbsp;&nbsp; (10310549)  |
| AllianzIM U.S. Equity Buffer20 Aug ETF | &nbsp;&nbsp; 18658 | &nbsp;&nbsp; (3369308)  |
| AllianzIM U.S. Equity Buffer20 Sep ETF | &nbsp;&nbsp; 9419554 | &nbsp;&nbsp; (6964081)  |
| AllianzIM U.S. Equity Buffer20 Oct ETF | &nbsp;&nbsp; 7060773 | &nbsp;&nbsp; (4223665)  |
| AllianzIM U.S. Equity Buffer20 Nov ETF | &nbsp;&nbsp; (2341) | &nbsp;&nbsp; (2341)  |
| AllianzIM U.S. Equity Buffer20 Dec ETF | &nbsp;&nbsp; 25497078 | &nbsp;&nbsp; 5656935  |
| AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF | &nbsp;&nbsp; 7393938 | &nbsp;&nbsp; 1133627  |
| AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF | &nbsp;&nbsp; 3708537 | &nbsp;&nbsp; 658866  |
| AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF | &nbsp;&nbsp; 2170228 | &nbsp;&nbsp; 373641  |
| AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF | &nbsp;&nbsp; 6709830 | &nbsp;&nbsp; 711405  |
| AllianzIM U.S. Equity Buffer15 Uncapped May ETF | &nbsp;&nbsp; 3850782 | &nbsp;&nbsp; 489996  |
| AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF | &nbsp;&nbsp; 2837131 | &nbsp;&nbsp; 355875  |
| AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF | &nbsp;&nbsp; 8835901 | &nbsp;&nbsp; 959401  |
| AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF | &nbsp;&nbsp; 790221 | &nbsp;&nbsp; 1919  |
| AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF | &nbsp;&nbsp; 4929001 | &nbsp;&nbsp; 445646  |
| AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF | &nbsp;&nbsp; 1183611 | &nbsp;&nbsp; 138382  |
| AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF | &nbsp;&nbsp; (2942) | &nbsp;&nbsp; (1471)  |
| AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF | &nbsp;&nbsp; 17764734 | &nbsp;&nbsp; 1951747  |
| AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF | &nbsp;&nbsp; 47129 | &nbsp;&nbsp; (3393058)  |
| AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF | &nbsp;&nbsp; 2709989 | &nbsp;&nbsp; (1183377)  |
| AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF | &nbsp;&nbsp; 14284452 | &nbsp;&nbsp; (5423763)  |
| AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF | &nbsp;&nbsp; 2963048 | &nbsp;&nbsp; (1720963)  |
| AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF | &nbsp;&nbsp;&nbsp;&nbsp;(817) | (816)  |
| AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF | &nbsp;&nbsp; 3863266 | &nbsp;&nbsp; (1304353)  |
| AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF | &nbsp;&nbsp; 244472 | &nbsp;&nbsp; (306517)  |
| AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF | &nbsp;&nbsp; 312547 | &nbsp;&nbsp; (184990)  |
| AllianzIM U.S. Equity Buffer15 ETF | &nbsp;&nbsp; 297944 | &nbsp;&nbsp; (124834)  |
| AllianzIM U.S. Equity Buffer100 Protection ETF | &nbsp;&nbsp; 314437 | &nbsp;&nbsp; (148492) |

---

148<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

**Derivatives Volume** 

The table below discloses the monthly average contract volume of the Funds' options contracts traded during the year or period ended October 31, 2025:

---

| | | |
|:---|:---|:---|
|  | **Options Contracts** <br>**Purchased** | **Options Contracts** <br>**Written**  |
| AllianzIM U.S. Equity Buffer10 Jan ETF | &nbsp;&nbsp;&nbsp;&nbsp; $3828 | &nbsp;&nbsp;&nbsp;&nbsp; $3828  |
| AllianzIM U.S. Equity Buffer10 Feb ETF | &nbsp;&nbsp;&nbsp;&nbsp; 2236 | &nbsp;&nbsp;&nbsp;&nbsp; 2236  |
| AllianzIM U.S. Equity Buffer10 Mar ETF | &nbsp;&nbsp;&nbsp;&nbsp; 931 | &nbsp;&nbsp;&nbsp;&nbsp; 931  |
| AllianzIM U.S. Equity Buffer10 Apr ETF | &nbsp;&nbsp;&nbsp;&nbsp; 1492 | &nbsp;&nbsp;&nbsp;&nbsp; 1492  |
| AllianzIM U.S. Equity Buffer10 May ETF | &nbsp;&nbsp;&nbsp;&nbsp; 580 | &nbsp;&nbsp;&nbsp;&nbsp; 580  |
| AllianzIM U.S. Equity Buffer10 Jun ETF | &nbsp;&nbsp;&nbsp;&nbsp; 629 | &nbsp;&nbsp;&nbsp;&nbsp; 629  |
| AllianzIM U.S. Equity Buffer10 Jul ETF | &nbsp;&nbsp;&nbsp;&nbsp; 2329 | &nbsp;&nbsp;&nbsp;&nbsp; 2329  |
| AllianzIM U.S. Equity Buffer10 Aug ETF | &nbsp;&nbsp;&nbsp;&nbsp; 1871 | &nbsp;&nbsp;&nbsp;&nbsp; 1871  |
| AllianzIM U.S. Equity Buffer10 Sep ETF | &nbsp;&nbsp;&nbsp;&nbsp; 1410 | &nbsp;&nbsp;&nbsp;&nbsp; 1410  |
| AllianzIM U.S. Equity Buffer10 Oct ETF | &nbsp;&nbsp;&nbsp;&nbsp; 3930 | &nbsp;&nbsp;&nbsp;&nbsp; 3930  |
| AllianzIM U.S. Equity Buffer10 Nov ETF | &nbsp;&nbsp;&nbsp;&nbsp; 1130 | &nbsp;&nbsp;&nbsp;&nbsp; 1130  |
| AllianzIM U.S. Equity Buffer10 Dec ETF | &nbsp;&nbsp;&nbsp;&nbsp; 3067 | &nbsp;&nbsp;&nbsp;&nbsp; 3067  |
| AllianzIM U.S. Equity Buffer20 Jan ETF | &nbsp;&nbsp;&nbsp;&nbsp; 12823 | &nbsp;&nbsp;&nbsp;&nbsp; 12823  |
| AllianzIM U.S. Equity Buffer20 Feb ETF | &nbsp;&nbsp;&nbsp;&nbsp; 3049 | &nbsp;&nbsp;&nbsp;&nbsp; 3049  |
| AllianzIM U.S. Equity Buffer20 Mar ETF | &nbsp;&nbsp;&nbsp;&nbsp; 2421 | &nbsp;&nbsp;&nbsp;&nbsp; 2421  |
| AllianzIM U.S. Equity Buffer20 Apr ETF | &nbsp;&nbsp;&nbsp;&nbsp; 5953 | &nbsp;&nbsp;&nbsp;&nbsp; 5953  |
| AllianzIM U.S. Equity Buffer20 May ETF | &nbsp;&nbsp;&nbsp;&nbsp; 2244 | &nbsp;&nbsp;&nbsp;&nbsp; 2244  |
| AllianzIM U.S. Equity Buffer20 Jun ETF | &nbsp;&nbsp;&nbsp;&nbsp; 2525 | &nbsp;&nbsp;&nbsp;&nbsp; 2525  |
| AllianzIM U.S. Equity Buffer20 Jul ETF | &nbsp;&nbsp;&nbsp;&nbsp; 7705 | &nbsp;&nbsp;&nbsp;&nbsp; 7705  |
| AllianzIM U.S. Equity Buffer20 Aug ETF | &nbsp;&nbsp;&nbsp;&nbsp; 6018 | &nbsp;&nbsp;&nbsp;&nbsp; 6018  |
| AllianzIM U.S. Equity Buffer20 Sep ETF | &nbsp;&nbsp;&nbsp;&nbsp; 4801 | &nbsp;&nbsp;&nbsp;&nbsp; 4801  |
| AllianzIM U.S. Equity Buffer20 Oct ETF | &nbsp;&nbsp;&nbsp;&nbsp; 11788 | &nbsp;&nbsp;&nbsp;&nbsp; 11788  |
| AllianzIM U.S. Equity Buffer20 Nov ETF | &nbsp;&nbsp;&nbsp;&nbsp; 2201 | &nbsp;&nbsp;&nbsp;&nbsp; 2201  |
| AllianzIM U.S. Equity Buffer20 Dec ETF | &nbsp;&nbsp;&nbsp;&nbsp; 11112 | &nbsp;&nbsp;&nbsp;&nbsp; 11112  |
| AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp; 2297 | &nbsp;&nbsp;&nbsp;&nbsp; 1148  |
| AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp; 1394 | &nbsp;&nbsp;&nbsp;&nbsp; 697  |
| AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp; 627 | &nbsp;&nbsp;&nbsp;&nbsp; 313  |
| AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF | &nbsp;&nbsp;&nbsp;&nbsp; 1204 | &nbsp;&nbsp;&nbsp;&nbsp; 602  |
| AllianzIM U.S. Equity Buffer15 Uncapped May ETF | &nbsp;&nbsp;&nbsp;&nbsp; 654 | &nbsp;&nbsp;&nbsp;&nbsp; 327  |
| AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF | &nbsp;&nbsp;&nbsp;&nbsp; 604 | &nbsp;&nbsp;&nbsp;&nbsp; 302  |
| AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF | &nbsp;&nbsp;&nbsp;&nbsp; 2267 | &nbsp;&nbsp;&nbsp;&nbsp; 1134  |
| AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF | &nbsp;&nbsp;&nbsp;&nbsp; 927 | &nbsp;&nbsp;&nbsp;&nbsp; 463  |
| AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF | &nbsp;&nbsp;&nbsp;&nbsp; 1413 | &nbsp;&nbsp;&nbsp;&nbsp; 706  |
| AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF | &nbsp;&nbsp;&nbsp;&nbsp; 1356 | &nbsp;&nbsp;&nbsp;&nbsp; 678  |
| AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF | &nbsp;&nbsp;&nbsp;&nbsp; 777 | &nbsp;&nbsp;&nbsp;&nbsp; 388  |
| AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp; 3833 | &nbsp;&nbsp;&nbsp;&nbsp; 1917  |
| AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF | &nbsp;&nbsp;&nbsp;&nbsp; 5657 | &nbsp;&nbsp;&nbsp;&nbsp; 5657  |
| AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF | &nbsp;&nbsp;&nbsp;&nbsp; 1370 | &nbsp;&nbsp;&nbsp;&nbsp; 1370  |
| AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF | &nbsp;&nbsp;&nbsp;&nbsp; 2824 | &nbsp;&nbsp;&nbsp;&nbsp; 2824  |
| AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF | &nbsp;&nbsp;&nbsp;&nbsp; 7273 | &nbsp;&nbsp;&nbsp;&nbsp; 7273  |

---

(1) Positions were opened for the period December 31, 2024 (commencement of operations) through October 31, 2025.

(2) Positions were opened for the period January 31, 2025 (commencement of operations) through October 31, 2025.

(3) Positions were opened for the period February 28, 2025 (commencement of operations) through October 31, 2025.

(4) Positions were opened for the period November 29, 2024 (commencement of operations) through October 31, 2025.

149<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

---

| | | |
|:---|:---|:---|
|  | **Options Contracts** <br>**Purchased** | **Options Contracts** <br>**Written**  |
| AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF | &nbsp;&nbsp;&nbsp;&nbsp; $626  | &nbsp;&nbsp;&nbsp;&nbsp; $626  |
| AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF | &nbsp;&nbsp;&nbsp;&nbsp; 2604  | &nbsp;&nbsp;&nbsp;&nbsp; 2604  |
| AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF | &nbsp;&nbsp;&nbsp;&nbsp; 598  | &nbsp;&nbsp;&nbsp;&nbsp; 299  |
| AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF | &nbsp;&nbsp;&nbsp;&nbsp; 511  | &nbsp;&nbsp;&nbsp;&nbsp; 256  |
| AllianzIM U.S. Equity Buffer15 ETF<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp; 335  | &nbsp;&nbsp;&nbsp;&nbsp; 335  |
| AllianzIM U.S. Equity Buffer100 Protection ETF<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp; 634  | &nbsp;&nbsp;&nbsp;&nbsp; 232  |

---

(5) Positions were opened for the period June 30, 2025 (commencement of operations) through October 31, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;e. **Securities Transactions and Net Investment Income** 

Securities transactions are recorded on the trade date. Realized gains (losses) from investment and currency transactions are calculated on the specific identification method. Dividend income is recorded on the ex-date, or for certain foreign securities, when a Fund becomes aware of such dividends. Expenses are recorded on an accrual basis, which may require the use of certain estimates by management that may differ from actual expenses.

&nbsp;&nbsp;&nbsp;&nbsp;f. **Cash Equivalents** 

Each Fund may invest in securities with maturities of less than one year or cash equivalents, including money market funds, or each may hold cash.

&nbsp;&nbsp;&nbsp;&nbsp;g. **Dividend Distributions** 

Dividends from net investment income, if any, are declared and paid at least annually by the Funds. The Funds distribute net realized capital gains, if any, to shareholders annually.

&nbsp;&nbsp;&nbsp;&nbsp;h. **Reclassification** 

GAAP requires that certain components of net assets be adjusted to reflect permanent differences between financial and tax reporting. These reclassifications have no effect on net assets or the NAV per share. Reclassifications for the year ended October 31, 2025 can be found in Note 7.

&nbsp;&nbsp;&nbsp;&nbsp;i. **Taxes** 

It is the Funds' policy to continue to meet the requirements of the Internal Revenue Code of 1986, as amended (the "Code") applicable to regulated investment companies and to distribute all of their taxable net investment income and capital gains, if any, to their shareholders. Therefore, no federal income tax provision is required. However, due to the timing of when distributions are made by the Funds, the Funds may be subject to an excise tax of 4% of the amount by which 98% of the Funds' annual taxable income and 98.2% of net realized gains exceed the distributions from such taxable income and realized gains for the calendar year. Withholding taxes on foreign dividends, interest and capital gains, if any, are recorded, net of reclaimable amounts, at the time the related income is earned. Management has reviewed the tax positions and has determined that no provision for income tax is required in the Funds' financial statements for uncertain tax positions for open tax periods. The Fund's federal income tax returns are subject to examination by the Internal Revenue Service (IRS) for a period of three tax years. State and local tax returns may be subject to examination for an additional tax year depending on the jurisdiction. As of October 31, 2025, the Funds have no examinations in progress. The Funds recognize interest and penalties, if any, related to unrecognized tax benefits as income tax expense in the Statements of Operations. During the year or period ended October 31, 2025, the Funds did not incur any interest or penalties.

**NOTE 3 – INVESTMENT ADVISORY AND OTHER AGREEMENTS** 

**Investment Adviser** 

The Adviser, located at 5701 Golden Hills Drive, Minneapolis, Minnesota 55416, furnishes investment advisory services to the Funds pursuant to an Investment Advisory Agreement with the Trust on behalf of each Fund (the "Advisory Agreement"), subject to the supervision and direction of the Board. The Adviser is registered with the Securities and Exchange Commission ("SEC") as an investment adviser under the Investment Advisers Act of 1940, as amended.

150<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

Pursuant to the Advisory Agreement, each Fund pays the Adviser a unitary management fee for managing the Funds' assets at the annual rates listed below. This unitary management fee is designed to pay the Funds' ordinary operating expenses and to compensate the Adviser for the services it provides to the Funds. Under the Advisory Agreement, the Adviser pays all of the ordinary operating expenses of the Funds, excluding (i) the Funds' investment advisory fees, (ii) acquired fund fees and expenses, (iii) payments under the Funds' Rule 12b-1 plan (if any), (iv) brokerage expenses (including any costs incidental to transactions in portfolio securities or other instruments), (v) taxes, (vi) interest (including borrowing costs and dividend expenses on securities sold short and overdraft charges), (vii) litigation expenses (including litigation to which the Trust or the Funds may be a party and indemnification of the Trustees and officers with respect thereto), and (viii) other non-routine or extraordinary expenses (including expenses arising from mergers, acquisitions or similar transactions involving any Fund).

The Buffer10 ETFs, 6 Month Buffer10 ETFs, Buffer20 ETFs, Uncapped ETFs and the 6 Month Floor5 ETFs have a unitary management fee of 0.74% of the average daily net assets of each Fund. The AllianzIM U.S. Equity Buffer15 ETF and the AllianzIM U.S. Equity Buffer100 Protection ETF each have a unitary management fee of 0.64% of the average daily net assets of each Fund. The Allocation ETFs have a unitary management fee of 0.10% of the average daily net assets of each Fund. The unitary management fees are paid at the end of each outcome period, or monthly, in the case of the Allocation ETFs. The Adviser has contractually agreed to reduce the management fee of each Allocation ETF to 0.05% through at least February 28, 2027, after which the fee waiver may be terminated by the Adviser or the Allocation ETF at any time for any reason.

**Other Funds' Service Providers** 

Brown Brothers Harriman & Co. ("BBH") is the Funds' administrator, fund accountant, transfer and dividend agent and custodian. BBH is primarily in the business of providing administrative, fund accounting and transfer agent services to retail and institutional mutual funds and ETFs.

Foreside Fund Services, LLC (the "Distributor"), serves as the distributor of Creation Units of the Funds. The Distributor is a broker-dealer registered under the Exchange Act and a member of the Financial Industry Regulatory Authority, Inc. ("FINRA").

Foreside Fund Officer Services, LLC provides the Funds with a Principal Financial Officer.

Stradley Ronon Stevens and Young, LLP serves as legal counsel to the Trust.

Cohen & Company, Ltd. serves as the Funds' independent registered public accounting firm. The independent registered public accounting firm is responsible for auditing the annual financial statements of the Funds.

**NOTE 4 – PORTFOLIO SECURITIES** 

There were no aggregate cost of purchases and proceeds from sales of investments (excluding short-term investments) for the reporting year or period ended October 31, 2025.

**NOTE 5 – PURCHASE AND SALE OF FUND SHARES** 

The Funds issue and redeem shares at NAV only with Authorized Participants and only in Creation Units (large blocks of 25,000 shares) or multiples thereof, generally in exchange for the deposit or delivery of a basket of instruments (including cash in lieu of any portion of such instruments) and/or an amount of cash that each Fund specifies each day. Except when aggregated in Creation Units, the shares are not redeemable by the Funds. Individual shares may be purchased and sold only on a national securities exchange through brokers. Shares will be listed for trading on NYSE Arca, Inc. or CBOE BZX Exchange, Inc., as applicable (each, an "Exchange") and because the shares will trade at market prices rather than NAV, shares may trade at prices greater than NAV (at a premium), at NAV, or less than NAV (at a discount).

**Beneficial Ownership** 

The beneficial ownership, either directly or indirectly, of more than 25% of the voting securities of a fund creates a presumption of control of the fund under section 2(a)(9) of the 1940 Act. As of October 31, 2025, Allianz Life Insurance Company North America, the parent company of the Adviser ("Allianz Life"), owned more than 25% of the outstanding shares of AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF and the AllianzIM Buffer20 Allocation ETF.

151<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

**NOTE 6 – AFFILIATED TRANSACTIONS** 

Investments in issuers considered to be affiliates of the Fund during the year ended October 31, 2025 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

**AllianzIM Buffer20 Allocation ETF** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Affiliated Investment** <br>**Company**<br>| **Value as of** <br>**January 7,** <br>**2025\*** | **Purchases** | **Sales** | **Realized Gain** <br>(Loss) on <br>**Investment** <br>**Securities** | **Change in** <br>**Unrealized** <br>**Appreciation** <br>(Depreciation) <br>**of Investment** <br>**Securities** | **Value as of** <br>**October 31,** <br>**2025** | **Dividend** <br>**Income** | **Shares as of** <br>**October 31,**<br>**2025** |
|  AllianzIM U.S. Equity Buffer20 Jul ETF | $— | $3300075 | $(112857) | &nbsp;&nbsp; $13257 | $277218 | $3477693 | $— | 90077  |
|  AllianzIM U.S. Equity Buffer20 Dec ETF |  | 3297675 | (111483) | &nbsp;&nbsp; 11324 | 273998 | 3471514 |  | 104031  |
|  AllianzIM U.S. Equity Buffer20 Aug ETF |  | 3301679 | (112337) | &nbsp;&nbsp; 12061 | 268894 | 3470297 |  | 108008  |
|  AllianzIM U.S. Equity Buffer20 Jun ETF |  | 3300708 | (112328) | &nbsp;&nbsp; 12290 | 260547 | 3461217 |  | 104948  |
|  AllianzIM U.S. Equity Buffer20 Sep ETF |  | 3298951 | (111891) | &nbsp;&nbsp; 11373 | 253453 | 3451886 |  | 109410  |
|  AllianzIM U.S. Equity Buffer20 Oct ETF |  | 3298367 | (111285) | &nbsp;&nbsp; 10874 | 240191 | 3438147 |  | 89002  |
|  AllianzIM U.S. Equity Buffer20 Mar ETF |  | 3301439 | (111134) | &nbsp;&nbsp; 10101 | 233070 | 3433476 |  | 101553  |
|  AllianzIM U.S. Equity Buffer20 Nov ETF |  | 3299778 | (110937) | &nbsp;&nbsp; 10378 | 232694 | 3431913 |  | 102262  |
|  AllianzIM U.S. Equity Buffer20 Jan ETF |  | 3298029 | (110803) | &nbsp;&nbsp; 10429 | 231306 | 3428961 |  | 94151  |
|  AllianzIM U.S. Equity Buffer20 Feb ETF |  | 3302652 | (110711) | &nbsp;&nbsp; 10547 | 225015 | 3427503 |  | 102634  |
|  AllianzIM U.S. Equity Buffer20 May ETF |  | 3300730 | (110918) | &nbsp;&nbsp; 9844 | 212784 | 3412440 |  | 103060  |
|  AllianzIM U.S. Equity Buffer20 Apr ETF |  | 3298596 | (108170) | &nbsp;&nbsp; 8206 | 135387 | 3334019 |  | 96962  |
|  | **$—** | **$39598679** | **$(1334854)** | &nbsp;&nbsp; **$130684** | **$2844557** | **$41239066** | **$—** | **1206098** |

---

\* The Fund commenced operations on January 7, 2025.

152<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

**AllianzIM Buffer15 Uncapped Allocation ETF** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Affiliated Investment** <br>**Company**<br>| **Value as of** <br>**March 5,** <br>**2025\*** | **Purchases** | **Sales** | **Realized Gain** <br>(Loss) on <br>**Investment** <br>**Securities** | **Change in** <br>**Unrealized** <br>**Appreciation** <br>(Depreciation) of <br>**Investment** <br>**Securities** | **Value as of** <br>**October 31,**<br>**2025** | **Dividend** <br>**Income** | **Shares as of** <br>**October 31,**<br>**2025**  |
|  AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF | $— | $6965222 | $(277939) | &nbsp;&nbsp; $34324 | &nbsp;&nbsp;&nbsp; $541562 | $7263169 | $— | 250627  |
|  AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF |  | 6964442 | (277971) | &nbsp;&nbsp; 38388 | &nbsp;&nbsp;&nbsp; 537936 | 7262795 |  | 238633  |
|  AllianzIM U.S. Equity Buffer15 Uncapped May ETF |  | 6966139 | (277295) | &nbsp;&nbsp; 38548 | &nbsp;&nbsp;&nbsp; 528527 | 7255919 |  | 229368  |
|  AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF |  | 6961785 | (277800) | &nbsp;&nbsp; 36120 | &nbsp;&nbsp;&nbsp; 526607 | 7246712 |  | 237303  |
|  AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF |  | 6964817 | (278531) | &nbsp;&nbsp; 35009 | &nbsp;&nbsp;&nbsp; 524016 | 7245311 |  | 244918  |
|  AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF |  | 6962571 | (278426) | &nbsp;&nbsp; 35021 | &nbsp;&nbsp;&nbsp; 521112 | 7240278 |  | 242718  |
|  AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF |  | 6961936 | (277887) | &nbsp;&nbsp; 33692 | &nbsp;&nbsp;&nbsp; 514725 | 7232466 |  | 248895  |
|  AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF |  | 6965783 | (277559) | &nbsp;&nbsp; 33641 | &nbsp;&nbsp;&nbsp; 510156 | 7232021 |  | 256351  |
|  AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF |  | 6964983 | (277461) | &nbsp;&nbsp; 33877 | &nbsp;&nbsp;&nbsp; 510290 | 7231689 |  | 259010  |
|  AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF |  | 6961684 | (277261) | &nbsp;&nbsp; 32340 | &nbsp;&nbsp;&nbsp; 512231 | 7228994 |  | 253218  |
|  AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF |  | 6967115 | (277352) | &nbsp;&nbsp; 33497 | &nbsp;&nbsp;&nbsp; 502104 | 7225364 |  | 259611  |
|  AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF |  | 6961932 | (275874) | &nbsp;&nbsp; 29980 | &nbsp;&nbsp;&nbsp; 476006 | 7192044 |  | 261906  |
|  | **$—** | **$83568409** | **$(3331356)** | &nbsp;&nbsp; **$414437** | &nbsp;&nbsp;&nbsp; **$6205272** | **$86856762** | **$—** | **2982558** |

---

\* The Fund commenced operations on March 5, 2025.

**AllianzIM 6 Month Buffer10 Allocation ETF** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Affiliated Investment** <br>**Company**<br>| **Value as of** <br>**January 7,**<br>**2025\*** | **Purchases** | **Sales** | **Realized Gain** <br>(Loss) on <br>**Investment** <br>**Securities** | **Change in** <br>**Unrealized** <br>**Appreciation** <br>(Depreciation) of <br>**Investment** <br>**Securities** | **Value as of** <br>**October 31,**<br>**2025** | **Dividend** <br>**Income** | **Shares as of** <br>**October 31,**<br>**2025**  |
|  AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF | $— | $6113315 | $(219408) | &nbsp;&nbsp;&nbsp; $15611 | &nbsp;&nbsp;&nbsp; $546398 | $6455916 | $— | 207519  |
|  AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF |  | 6113565 | (218592) | &nbsp;&nbsp;&nbsp; 14638 | &nbsp;&nbsp;&nbsp; 512204 | 6421815 |  | 204635  |
|  AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF |  | 6111384 | (217812) | &nbsp;&nbsp;&nbsp; 14337 | &nbsp;&nbsp;&nbsp; 488675 | 6396584 |  | 190246  |
|  AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF |  | 6113625 | (214888) | &nbsp;&nbsp;&nbsp; 10133 | &nbsp;&nbsp;&nbsp; 348050 | 6256920 |  | 218984  |
|  AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF |  | 6114181 | (214026) | &nbsp;&nbsp;&nbsp; 10816 | &nbsp;&nbsp;&nbsp; 274850 | 6185821 |  | 211046  |
|  AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF |  | 6112026 | (212820) | &nbsp;&nbsp;&nbsp; 9882 | &nbsp;&nbsp;&nbsp; 269407 | 6178495 |  | 180151  |
|  | **$—** | **$36678096** | **$(1297546)** | &nbsp;&nbsp;&nbsp; **$75417** | &nbsp;&nbsp;&nbsp; **$2439584** | **$37895551** | **$—** | **1212581** |

---

\* The Fund commenced operations on January 7, 2025.

153<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

**NOTE 7 – DISTRIBUTIONS AND TAXATION OF THE FUNDS** 

The Funds intend to elect and qualify each year for treatment as a regulated investment company ("RIC") under the Code. If the Funds meet certain minimum distribution requirements, each Fund, as a RIC, is not subject to tax at the fund level on income and gains from investments that are timely distributed to shareholders. However, a Fund's failure to qualify as a RIC or to meet minimum distribution requirements would result (if certain relief provisions were not available) in fund-level taxation and, consequently, a reduction in income available for distribution to shareholders.

The Funds may use earnings and profits distributed to shareholders on redemption of shares (in lieu of making some cash distributions) in determining the portion of their income and gains that have been distributed. If the Funds utilize earnings and profits distributed to shareholders on redemption of shares, they will allocate a portion of their undistributed investment company taxable income and net capital gains to redemptions of Fund shares and will correspondingly reduce the amount of such income and gains that they distribute in cash.

Distributions to shareholders, which are determined in accordance with federal income tax regulations and which may differ from GAAP, are recorded on the ex-date. As of October 31, 2025, the following Funds have reclassifications due to permanent book-to-tax differences as a result of net operating losses, redemptions in-kind and the utilization of earnings and profits distributed to shareholders on redemption of shares.

---

| | | |
|:---|:---|:---|
|  | **Paid-in Capital** | **Total Distributable Earnings** <br>**(Accumulated Loss)**  |
| AllianzIM U.S. Equity Buffer10 Jan ETF | $17057054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(17057054)  |
| AllianzIM U.S. Equity Buffer10 Feb ETF | 5899145 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5899145)  |
| AllianzIM U.S. Equity Buffer10 Mar ETF | 4866636 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4866636)  |
| AllianzIM U.S. Equity Buffer10 Apr ETF | 4802365 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4802365)  |
| AllianzIM U.S. Equity Buffer10 May ETF | 57120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (57120)  |
| AllianzIM U.S. Equity Buffer10 Jun ETF | 1891712 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1891712)  |
| AllianzIM U.S. Equity Buffer10 Jul ETF | 13221390 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (13221390)  |
| AllianzIM U.S. Equity Buffer10 Aug ETF | 10513442 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (10513442)  |
| AllianzIM U.S. Equity Buffer10 Sep ETF | 7051686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7051686)  |
| AllianzIM U.S. Equity Buffer10 Oct ETF | 15632078 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (15632078)  |
| AllianzIM U.S. Equity Buffer10 Nov ETF | 5747903 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5747903)  |
| AllianzIM U.S. Equity Buffer10 Dec ETF | 1264783 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1264783)  |
| AllianzIM U.S. Equity Buffer20 Jan ETF | 44620920 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (44620920)  |
| AllianzIM U.S. Equity Buffer20 Feb ETF | 12596536 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (12596536)  |
| AllianzIM U.S. Equity Buffer20 Mar ETF | 11461496 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (11461496)  |
| AllianzIM U.S. Equity Buffer20 Apr ETF | 16497670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (16497670)  |
| AllianzIM U.S. Equity Buffer20 May ETF | 7538896 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7538896)  |
| AllianzIM U.S. Equity Buffer20 Jun ETF | 3155709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3155709)  |
| AllianzIM U.S. Equity Buffer20 Jul ETF | 26231777 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (26231777)  |
| AllianzIM U.S. Equity Buffer20 Aug ETF | 33886070 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (33886070)  |
| AllianzIM U.S. Equity Buffer20 Sep ETF | 18346660 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (18346660)  |
| AllianzIM U.S. Equity Buffer20 Oct ETF | 36783491 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (36783491)  |
| AllianzIM U.S. Equity Buffer20 Nov ETF | 11331187 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (11331187)  |
| AllianzIM U.S. Equity Buffer20 Dec ETF | 16019416 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (16019416)  |
| AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF | 817608 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (817608)  |
| AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF | 1377375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1377375)  |
| AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF | 6609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6609)  |
| AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF | 594515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (594515)  |
| AllianzIM U.S. Equity Buffer15 Uncapped May ETF | 128834 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (128834)  |
| AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF | 318143 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (318143)  |
| AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF | 4218123 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4218123)  |
| AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF | 6451413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6451413)  |

---

154<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

---

| | | |
|:---|:---|:---|
|  | **Paid-in Capital** | **Total Distributable Earnings** <br>**(Accumulated Loss)**  |
| AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF | $4006441 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(4006441)  |
| AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF | 7442245 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7442245)  |
| AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF | 4864247 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4864247)  |
| AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF | 405785 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (405785)  |
| AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF | 37304582 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (37304582)  |
| AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF | 6933531 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6933531)  |
| AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF | 10386231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (10386231)  |
| AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF | 34808126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (34808126)  |
| AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF | 4915111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4915111)  |
| AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF | 6183953 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6183953)  |
| AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF | 4365889 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4365889)  |
| AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF | 3641374 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3641374)  |
| AllianzIM U.S. Equity Buffer15 ETF | 386063 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (386063)  |
| AllianzIM U.S. Equity Buffer100 Protection ETF | 924497 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (924497)  |
| AllianzIM Buffer20 Allocation ETF | 130684 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (130684)  |
| AllianzIM Buffer15 Uncapped Allocation ETF | 414437 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (414437)  |
| AllianzIM 6 Month Buffer10 Allocation ETF | 75417 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (75417) |

---

There were no distributions paid by the Funds during the year or period ended October 31, 2025.

The tax character of distributions paid by the Funds during the year ended October 31, 2024 were as follows:

---

| | |
|:---|:---|
|  | **Ordinary Income**  |
| AllianzIM U.S. Equity Buffer10 Feb ETF | &nbsp;&nbsp; $100657  |
| AllianzIM U.S. Equity Buffer10 Dec ETF | &nbsp;&nbsp; 242065  |
| AllianzIM U.S. Equity Buffer20 Feb ETF | &nbsp;&nbsp; 74492  |
| AllianzIM U.S. Equity Buffer20 Dec ETF | &nbsp;&nbsp; 1319661 |

---

The Funds' components of distributable earnings (accumulated losses) on a tax basis as of October 31, 2025 were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Straddle Loss** <br>**Deferrals**  | **Late Year** <br>**Loss** <br>**Deferrals** | **Capital Loss** <br>**Carryforward** | **Net Unrealized** <br>**Appreciation** <br>(Depreciation) <br>**Including** <br>**Written Options**  |
| AllianzIM U.S. Equity Buffer10 Jan ETF  | $— | $(806111) | $(6518571) | $5479251  |
| AllianzIM U.S. Equity Buffer10 Feb ETF |  | (469003) | (3947345) | 13277023  |
| AllianzIM U.S. Equity Buffer10 Mar ETF |  | (157103) | (1722411) | 2342993  |
| AllianzIM U.S. Equity Buffer10 Apr ETF |  | (259111) | (3054201) | 4148027  |
| AllianzIM U.S. Equity Buffer10 May ETF |  | (100896) | (279032) | 2018258  |
| AllianzIM U.S. Equity Buffer10 Jun ETF |  | (117395) | (1500296) | 1639115  |
| AllianzIM U.S. Equity Buffer10 Jul ETF |  | (433958) | (4487213) | 5028095  |
| AllianzIM U.S. Equity Buffer10 Aug ETF |  | (190109) | (4057825) | 1711911  |
| AllianzIM U.S. Equity Buffer10 Sep ETF |  | (202928) | (1511551) | 3486761  |
| AllianzIM U.S. Equity Buffer10 Oct ETF |  | (666972) | (8634746) | 716280  |
| AllianzIM U.S. Equity Buffer10 Nov ETF |  | (209677) | (2945707) | (4374)  |
| AllianzIM U.S. Equity Buffer10 Dec ETF |  | (655960) | (2402086) | 11208883  |
| AllianzIM U.S. Equity Buffer20 Jan ETF |  | (2613948) | (35415592) | 23174089  |
| AllianzIM U.S. Equity Buffer20 Feb ETF |  | (586596) | (11916384) | 6963328  |
| AllianzIM U.S. Equity Buffer20 Mar ETF |  | (439707) | (6705795) | 4212880  |
| AllianzIM U.S. Equity Buffer20 Apr ETF |  | (1029998) | (14018330) | 11483756  |

---

155<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Straddle Loss Deferrals** | **Late Year** <br>**Loss** <br>**Deferrals** | **Capital Loss** <br>**Carryforward** | **Net Unrealized** <br>**Appreciation** <br>(Depreciation) <br>**Including** <br>**Written Options**  |
| AllianzIM U.S. Equity Buffer20 May ETF | $— | $(404192) | $(3018499) | $4999278  |
| AllianzIM U.S. Equity Buffer20 Jun ETF |  | (439183) | (4702972) | 3435507  |
| AllianzIM U.S. Equity Buffer20 Jul ETF |  | (1428894) | (16205518) | 11798689  |
| AllianzIM U.S. Equity Buffer20 Aug ETF |  | (797956) | (18836107) | 4605802  |
| AllianzIM U.S. Equity Buffer20 Sep ETF |  | (683437) | (8858310) | 6467172  |
| AllianzIM U.S. Equity Buffer20 Oct ETF |  | (2085673) | (29628539) | 2382916  |
| AllianzIM U.S. Equity Buffer20 Nov ETF |  | (415834) | (12535181) | (13152)  |
| AllianzIM U.S. Equity Buffer20 Dec ETF  |  | (2343052) | (15093132) | 32602665 |
| AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF |  | (409389) | (6180) | 8329090  |
| AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF |  | (244681) | (22534) | 4365652  |
| AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF |  | (90690) | (3573) | 2533615  |
| AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF |  | (231298) | (1777427) | 7018120  |
| AllianzIM U.S. Equity Buffer15 Uncapped May ETF |  | (122457) | (1238079) | 3658694  |
| AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF |  | (113649) | (796873) | 2665513  |
| AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF |  | (453119) | (748829) | 8504465  |
| AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF |  | (169876) | (2204788) | 1798362  |
| AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF |  | (265664) | (1697329) | 5533521  |
| AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF |  | (265768) | (1175778) | 1119295  |
| AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF |  | (154116) | (590410) | (5429)  |
| AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF |  | (724482) |  | 19700637  |
| AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF |  | (1135026) | (14865145) | 5293899  |
| AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF |  | (296661) | (3742917) | 1854487  |
| AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF |  | (631494) | (3830903) | 9297799  |
| AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF |  | (1176305) | (26364530) | 1546319  |
| AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF |  | (115684) | (3865078) | (3819)  |
| AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF |  | (534844) | (4228134) | 2237593  |
| AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF | (888019) | (45619) |  | 367822  |
| AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF | (266390) | (91006) | (2570280) | 101233  |
| AllianzIM U.S. Equity Buffer15 ETF |  | (19159) | (201634) | 169251  |
| AllianzIM U.S. Equity Buffer100 Protection ETF | (502603) |  |  | 133747  |
| AllianzIM Buffer20 Allocation ETF |  | (12415) |  | 2844557  |
| AllianzIM Buffer15 Uncapped Allocation ETF |  | (12888) |  | 6205272  |
| AllianzIM 6 Month Buffer10 Allocation ETF |  | (10792) |  | 2439584 |

---

The United States federal income tax basis of the Funds' investments and the net unrealized appreciation (depreciation) as of October 31, 2025 were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Tax Cost<sup>(a)</sup>** | **Gross** <br>**Unrealized** <br>**Appreciation** | **Gross** <br>**Unrealized** <br>(Depreciation) | **Net Unrealized** <br>**Appreciation** <br>(Depreciation)<sup>(a)</sup> |
| AllianzIM U.S. Equity Buffer10 Jan ETF | $49463629 | $10274406 | $(4604931) | $5669475  |
| AllianzIM U.S. Equity Buffer10 Feb ETF | 94402615 | 26311782 | (14820549) | 11491233  |
| AllianzIM U.S. Equity Buffer10 Mar ETF | 25456425 | 5142606 | (2490543) | 2652063  |
| AllianzIM U.S. Equity Buffer10 Apr ETF | 38763760 | 12902822 | (6275399) | 6627423  |
| AllianzIM U.S. Equity Buffer10 May ETF | 18116558 | 6044290 | (3012252) | 3032038  |
| AllianzIM U.S. Equity Buffer10 Jun ETF | 20857221 | 4680607 | (2305803) | 2374804  |
| AllianzIM U.S. Equity Buffer10 Jul ETF | 82761084 | 12421604 | (5906963) | 6514641  |

---

156<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Tax Cost<sup>(a)</sup>** | **Gross** <br>**Unrealized** <br>**Appreciation** | **Gross** <br>**Unrealized** <br>(Depreciation) | **Net Unrealized** <br>**Appreciation** <br>(Depreciation)<sup>(a)</sup> |
| AllianzIM U.S. Equity Buffer10 Aug ETF | $36824104 | $4110051 | $(1811522) | $2298529  |
| AllianzIM U.S. Equity Buffer10 Sep ETF | 101663361 | 9322794 | (4228034) | 5094760  |
| AllianzIM U.S. Equity Buffer10 Oct ETF | 60226799 | 2047253 | (953621) | 1093632  |
| AllianzIM U.S. Equity Buffer10 Nov ETF | 20449381 | 2187 | (4374) | (2187)  |
| AllianzIM U.S. Equity Buffer10 Dec ETF | 109099391 | 15594194 | (6388786) | 9205408  |
| AllianzIM U.S. Equity Buffer20 Jan ETF | 278397914 | 62022085 | (29105932) | 32916153  |
| AllianzIM U.S. Equity Buffer20 Feb ETF | 99853650 | 18061701 | (8557302) | 9504399  |
| AllianzIM U.S. Equity Buffer20 Mar ETF | 67123689 | 14870006 | (7754017) | 7115989  |
| AllianzIM U.S. Equity Buffer20 Apr ETF | 166068109 | 56303314 | (28383601) | 27919713  |
| AllianzIM U.S. Equity Buffer20 May ETF | 67663872 | 23729019 | (12302096) | 11426923  |
| AllianzIM U.S. Equity Buffer20 Jun ETF | 63145656 | 14881345 | (7546965) | 7334380  |
| AllianzIM U.S. Equity Buffer20 Jul ETF | 309327788 | 46471517 | (23238243) | 23233274  |
| AllianzIM U.S. Equity Buffer20 Aug ETF | 152893072 | 17951302 | (8677050) | 9274252  |
| AllianzIM U.S. Equity Buffer20 Sep ETF | 298006407 | 28326851 | (13711636) | 14615215  |
| AllianzIM U.S. Equity Buffer20 Oct ETF | 341536675 | 11513544 | (5629585) | 5883959  |
| AllianzIM U.S. Equity Buffer20 Nov ETF | 61250956 | 6576 | (13152) | (6576)  |
| AllianzIM U.S. Equity Buffer20 Dec ETF | 366953025 | 57560567 | (23997078) | 33563489  |
| AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF | 70849973 | 12106466 | (4911003) | 7195463  |
| AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF | 43955715 | 6623053 | (2916267) | 3706786  |
| AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF | 21732330 | 3650834 | (1490860) | 2159974  |
| AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF | 42750311 | 9476542 | (3184281) | 6292261  |
| AllianzIM U.S. Equity Buffer15 Uncapped May ETF | 21514992 | 5067256 | (1876673) | 3190583  |
| AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF | 23859948 | 3577917 | (1241981) | 2335936  |
| AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF | 137178037 | 11061552 | (3407609) | 7653943  |
| AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF | 29155663 | 2376457 | (766234) | 1610223  |
| AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF | 127106787 | 7136298 | (2071333) | 5064965  |
| AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF | 61640357 | 1496421 | (478807) | 1017614  |
| AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF | 32823998 | 1810 | (5429) | (3619)  |
| AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF | 262773116 | 28048458 | (10299568) | 17748890  |
| AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF | 144240621 | 19228604 | (10867343) | 8361261  |
| AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF | 63482243 | 6623385 | (3610918) | 3012467  |
| AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF | 322885871 | 30501806 | (15836737) | 14665069  |
| AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF | 134946406 | 4766279 | (2522523) | 2243756  |
| AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF | 17539626 | 1910 | (3820) | (1910)  |
| AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF | 32023873 | 7638061 | (3932938) | 3705123  |
| AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF | 8492971 | 1224396 | (520197) | 704199  |
| AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF | 11427976 | 380134 | (165157) | 214977  |
| AllianzIM U.S. Equity Buffer15 ETF | 22262833 | 725655 | (431570) | 294085  |
| AllianzIM U.S. Equity Buffer100 Protection ETF | 22245941 | 651095 | (368856) | 282239  |
| AllianzIM Buffer20 Allocation ETF | 38405719 | 2844557 |  | 2844557  |
| AllianzIM Buffer15 Uncapped Allocation ETF | 80671714 | 6205272 |  | 6205272  |
| AllianzIM 6 Month Buffer10 Allocation ETF | 35464187 | 2439584 |  | 2439584 |

---

The reason for the differences between book and tax basis unrealized appreciation/(depreciation) is due primarily to the tax deferral of losses on wash sales.

&nbsp;&nbsp;&nbsp;&nbsp;(a) The above does not include the impact of written
 options.

157<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

The Funds intend to utilize provisions of the federal income tax laws, which allow it to carry a realized capital loss forward indefinitely following the year of the loss and offset such loss against any future realized capital gains. As of October 31, 2025, the Funds' capital loss carryforwards were as follows:

---

| | | |
|:---|:---|:---|
|  | **Capital Loss Carryforward**  | **Capital Loss Carryforward**  |
|  | **Short-Term** | **Long-Term**  |
| AllianzIM U.S. Equity Buffer10 Jan ETF | $6518571 | $—  |
| AllianzIM U.S. Equity Buffer10 Feb ETF | 3944176 | 3169  |
| AllianzIM U.S. Equity Buffer10 Mar ETF | 1417104 | 305307  |
| AllianzIM U.S. Equity Buffer10 Apr ETF | 3054201 | —  |
| AllianzIM U.S. Equity Buffer10 May ETF | 279032 | —  |
| AllianzIM U.S. Equity Buffer10 Jun ETF | 1500296 | —  |
| AllianzIM U.S. Equity Buffer10 Jul ETF | 3842603 | 644610  |
| AllianzIM U.S. Equity Buffer10 Aug ETF | 4057825 | —  |
| AllianzIM U.S. Equity Buffer10 Sep ETF | 1511551 | —  |
| AllianzIM U.S. Equity Buffer10 Oct ETF | 4544119 | 4090627  |
| AllianzIM U.S. Equity Buffer10 Nov ETF | 2899250 | 46457  |
| AllianzIM U.S. Equity Buffer10 Dec ETF | 2402086 | —  |
| AllianzIM U.S. Equity Buffer20 Jan ETF | 33522289 | 1893303  |
| AllianzIM U.S. Equity Buffer20 Feb ETF | 11913142 | 3242  |
| AllianzIM U.S. Equity Buffer20 Mar ETF | 6408207 | 297588  |
| AllianzIM U.S. Equity Buffer20 Apr ETF | 13960319 | 58011  |
| AllianzIM U.S. Equity Buffer20 May ETF | 2662788 | 355711  |
| AllianzIM U.S. Equity Buffer20 Jun ETF | 4698333 | 4639  |
| AllianzIM U.S. Equity Buffer20 Jul ETF | 10151510 | 6054008  |
| AllianzIM U.S. Equity Buffer20 Aug ETF | 18836107 | —  |
| AllianzIM U.S. Equity Buffer20 Sep ETF | 8858310 | —  |
| AllianzIM U.S. Equity Buffer20 Oct ETF | 24674452 | 4954087  |
| AllianzIM U.S. Equity Buffer20 Nov ETF | 12468153 | 67028  |
| AllianzIM U.S. Equity Buffer20 Dec ETF | 14742781 | 350351  |
| AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF | 6180 | —  |
| AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF | 22534 | —  |
| AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF | 3573 | —  |
| AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF | 1507681 | 269746  |
| AllianzIM U.S. Equity Buffer15 Uncapped May ETF | 1238079 | —  |
| AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF | 796873 | —  |
| AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF | 490905 | 257924  |
| AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF | 2197737 | 7051  |
| AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF | 1697329 | —  |
| AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF | 1175778 | —  |
| AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF | 590410 | —  |
| AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF |  | —  |
| AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF | 13647273 | 1217872  |
| AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF | 3742917 | —  |
| AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF | 3830903 | —  |
| AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF | 25757818 | 606712  |
| AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF | 3865078 | —  |
| AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF | 4228134 | —  |
| AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF |  | —  |
| AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF | 2570280 | —  |
| AllianzIM U.S. Equity Buffer15 ETF | 201634 | —  |

---

158<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

---

| | | |
|:---|:---|:---|
|  | **Capital Loss Carryforward**  | **Capital Loss Carryforward**  |
|  | **Short-Term** | **Long-Term**  |
| AllianzIM U.S. Equity Buffer100 Protection ETF | $— | $—  |
| AllianzIM Buffer20 Allocation ETF |  | —  |
| AllianzIM Buffer15 Uncapped Allocation ETF |  | —  |
| AllianzIM 6 Month Buffer10 Allocation ETF |  |  |

---

As of October 31, 2025, the Funds elected to defer to the year ending October 31, 2026, late year ordinary losses in the amount of:

---

| | |
|:---|:---|
|  | **Late Year Ordinary Loss**  |
| AllianzIM U.S. Equity Buffer10 Jan ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $806111  |
| AllianzIM U.S. Equity Buffer10 Feb ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 469003  |
| AllianzIM U.S. Equity Buffer10 Mar ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 157103  |
| AllianzIM U.S. Equity Buffer10 Apr ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 259111  |
| AllianzIM U.S. Equity Buffer10 May ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 100896  |
| AllianzIM U.S. Equity Buffer10 Jun ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 117395  |
| AllianzIM U.S. Equity Buffer10 Jul ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 433958  |
| AllianzIM U.S. Equity Buffer10 Aug ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 190109  |
| AllianzIM U.S. Equity Buffer10 Sep ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 202928  |
| AllianzIM U.S. Equity Buffer10 Oct ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 666972  |
| AllianzIM U.S. Equity Buffer10 Nov ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 209677  |
| AllianzIM U.S. Equity Buffer10 Dec ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 655960  |
| AllianzIM U.S. Equity Buffer20 Jan ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2613948  |
| AllianzIM U.S. Equity Buffer20 Feb ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 586596  |
| AllianzIM U.S. Equity Buffer20 Mar ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 439707  |
| AllianzIM U.S. Equity Buffer20 Apr ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1029998  |
| AllianzIM U.S. Equity Buffer20 May ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 404192  |
| AllianzIM U.S. Equity Buffer20 Jun ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 439183  |
| AllianzIM U.S. Equity Buffer20 Jul ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1428894  |
| AllianzIM U.S. Equity Buffer20 Aug ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 797956  |
| AllianzIM U.S. Equity Buffer20 Sep ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 683437  |
| AllianzIM U.S. Equity Buffer20 Oct ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2085673  |
| AllianzIM U.S. Equity Buffer20 Nov ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 415834  |
| AllianzIM U.S. Equity Buffer20 Dec ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2343052  |
| AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 409389  |
| AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 244681  |
| AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 90690  |
| AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 231298  |
| AllianzIM U.S. Equity Buffer15 Uncapped May ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 122457  |
| AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 113649  |
| AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 453119  |
| AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 169876  |
| AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 265664  |
| AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 265768  |
| AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 154116  |
| AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 724482  |
| AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1135026  |
| AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 296661  |
| AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 631494  |
| AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1176305  |

---

159<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

---

| | |
|:---|:---|
|  | **Late Year Ordinary Loss**  |
| AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $115684  |
| AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 534844  |
| AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45619  |
| AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 91006  |
| AllianzIM U.S. Equity Buffer15 ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19159  |
| AllianzIM U.S. Equity Buffer100 Protection ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| AllianzIM Buffer20 Allocation ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12415  |
| AllianzIM Buffer15 Uncapped Allocation ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12888  |
| AllianzIM 6 Month Buffer10 Allocation ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10792 |

---

**NOTE 8 – INDEMNIFICATION** 

The Trust will indemnify its officers and trustees for certain liabilities that may arise from the performance of their duties to the Trust. Additionally, in the normal course of business, the Trust enters into contracts that contain a variety of representations and warranties and which provide general indemnities. The Funds' maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Funds that have not yet occurred. However, the Trust expects the risk of loss due to these warranties and indemnities to be remote.

**NOTE 9 – RISK OF INVESTING IN THE FUNDS** 

The Funds' investment strategies are different from more typical investment products, and the Funds may be unsuitable for some investors. It is important that investors understand the Funds' investment strategies before making an investment in the Funds. Investors should carefully review the Funds' investment objectives, strategies and risks included in the Funds' prospectus before investing. Risks shown below that are applicable to ETFs, such as the Funds, also apply to the Underlying ETF. The Allocation ETFs also bear the risks of the investments of the Underlying Buffer ETFs in which they invest, which are included below.

**FLEX Options Risk** 

The Funds utilize FLEX Options issued and guaranteed for settlement by the OCC. The Funds bear the risk that the OCC will be unable or unwilling to perform its obligations under the FLEX Options contracts. In the unlikely event that the OCC becomes insolvent or is otherwise unable to meet its settlement obligations, the Funds could suffer significant losses. Additionally, FLEX Options may be less liquid than certain other securities such as standardized options. In a less liquid market for the FLEX Options, the Funds may have difficulty closing out certain FLEX Options positions at desired times and prices. The Funds may experience substantial downside from specific FLEX Option positions and certain FLEX Option positions may expire worthless. The value of the underlying FLEX Options will be affected by, among other things, changes in the Underlying ETF's share price, changes in interest rates, changes in the actual and implied volatility of the Underlying ETF's share price and the remaining time until the FLEX Options expire. The value of the FLEX Options does not increase or decrease at the same rate as the Underlying ETF's share price; although they generally move in the same direction, it is possible they may move in different directions.

**Underlying ETF Risk** 

The Funds invest in FLEX Options that derive their value from the Underlying ETF, and therefore the Funds' investment performance largely depends on the investment performance of the Underlying ETF. The value of the Underlying ETF will fluctuate over time based on fluctuations in the values of the securities held by the Underlying ETF, which may be affected by changes in general economic conditions, expectations for future growth and profits, interest rates and the supply and demand for those securities. In addition, ETFs are subject to absence of an active market risk, premium/discount risk, tracking error risk and trading issues risk. Brokerage, tax and other expenses may negatively impact the performance of the Underlying ETF and, in turn, the value of the Funds' investments. The Underlying ETF seeks to track the Underlying Index but may not exactly match the performance of the Underlying Index due to differences between the portfolio of the Underlying ETF and the components of the Underlying Index, fees and expenses, transaction costs, and other factors.

160<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

**Market Risk** 

The Funds could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns. Assets may decline in value due to factors affecting financial markets generally or particular asset classes or industries represented in the markets. The value of a FLEX Option or other asset may also decline due to general market conditions, inflation, recessions, changes in interest rates, economic trends or events that are not specifically related to the issuer of the security or other asset, or due to factors that affect a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class. During a general market downturn, multiple asset classes may be negatively affected. Changes in market conditions and interest rates will not have the same impact on all types of securities. In addition, unexpected events and their aftermaths, such as pandemics, epidemics or other public health issues; natural, environmental or man-made disasters; financial, political or social disruptions; military conflict; terrorism and war; and other tragedies or catastrophes, can cause investor fear and panic, which can adversely affect the economies of many companies, sectors, nations, regions and the market in general, in ways that cannot necessarily be foreseen. Any such circumstances could have a materially negative impact on the value of the Funds' shares and could result in increased market volatility. During any such events, the Funds' shares may trade at increased premiums or discounts to their NAV.

**Buffered Loss Risk (for all Funds other than the 6 Month Floor5 ETFs)** 

There can be no guarantee that the Funds will be successful in implementing their stated Buffer strategy in an Outcome Period. Despite the intended Buffer, a shareholder may lose their entire investment. If an investor purchases or sells shares during an Outcome Period after the Underlying ETF's share price has decreased, the investor may receive less, or none, of the intended benefit of the Buffer. The Funds do not provide principal protection or protection of gains and shareholders could experience significant losses including loss of their entire investment.

**Capped Upside Return Risk (for all Funds other than the Uncapped ETFs)** 

The Funds' strategy seeks to provide returns that match the share price returns of the Underlying ETF at the end of the Outcome Period, subject to each Fund's stated Cap. The Cap represents the absolute maximum percentage return an investor can achieve from an investment in a Fund held for the entire Outcome Period. In the event that the Underlying ETF experiences gains in excess of a Fund's stated Cap for the Outcome Period, the Fund will not participate in those gains beyond the Cap. If an investor purchases or sells shares during an Outcome Period after the Underlying ETF's share price has increased relative to its price at the close of the market the business day prior to the first day of the Outcome Period, the investor may have less or no investment gain on their shares for that Outcome Period. The Cap will change from one Outcome Period to the next and is unlikely to remain the same for consecutive Outcome Periods and could change significantly from one Outcome Period to another.

**Floor Risk** 

Each of AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF and AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF will be

subject to the first 5% of losses experienced by the Underlying ETF's share price, and there can be no guarantee that each Fund will be successful in its strategy to limit the losses in excess of the first 5% experienced by the Underlying ETF's share price in an Outcome Period. These Funds do not provide principal protection or protection of gains and shareholders could experience significant losses, including loss of their entire investment. In addition, each Fund's NAV may not change significantly when the Underlying ETF's share price is materially below the Floor. If the Outcome Period has begun and the Underlying ETF's share price has decreased in value by more than 5%, an investor purchasing or selling shares at that time may not benefit from subsequent gains in the Underlying ETF's share price until the Floor is reached and exceeded again (i.e., the Underlying ETF's share price has recovered to a loss of only 5% from the start of the Outcome Period).

**Upside Participation Risk** 

There can be no guarantee that the Uncapped ETFs will be successful in their strategy to provide shareholders with a return that tracks the share price returns of the Underlying ETF at the end of an Outcome Period that are in excess of the Spread. Each Fund is intended to only experience positive returns at the end of the Outcome Period if the Underlying ETF's share price exceeds the Spread. If the Underlying ETF's share price has not exceeded the Spread at the end of the Outcome Period, each such Fund is not anticipated to participate in any increase. If an investor purchases shares during an Outcome Period after the Underlying ETF's

161<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

share price has decreased, the investor will not participate in positive returns unless the Underlying ETF has first increased in value to the Outcome NAV and has also exceeded the Spread at the end of the Outcome Period. If an investor purchases or sells shares during an Outcome Period, the returns realized by the investor will not match those that each Fund seeks to achieve.

**Investment Objective and Outcome Period Risk** 

There can be no guarantee that the Funds will be successful in their strategy to provide shareholders with a return that matches share price return of the Underlying ETF at the end of an Outcome Period, subject to the Cap, Buffer, Floor, or Spread, as applicable. The Funds' strategy is designed to produce the outcomes upon the expiration of the FLEX Options on the last business day of the Outcome Period, and it should not be expected that the outcomes will be provided at any point other than the end of the Outcome Period. If an investor purchases or sells shares during an Outcome Period, the returns realized by the investor will not match those that the Funds seek to achieve for the Outcome Period.

**Fund-of-Funds Risk** 

Shareholders of the Allocation ETFs will experience investment returns that are different than the investment returns sought by the Underlying Buffer ETFs. Unlike the Underlying Buffer ETFs, the Allocation ETFs themselves do not pursue a buffered strategy, nor do the Allocation ETFs themselves provide protection with a Buffer against losses. Because each Allocation ETF employs a laddered approach, the Allocation ETF will not realize the stated outcomes of an individual Underlying Buffer ETF. An investor in an Allocation ETF should not expect to experience any individual outcome sought by a particular Underlying Buffer ETF through an investment in the Allocation ETF. The Allocation ETFs will be continuously exposed to the investment profiles of each of their respective Underlying Buffer ETFs. A purchaser of Allocation ETF Shares will, therefore, have exposure to Underlying Buffer ETFs with differing profiles in terms of their potential for upside return, subject to the Cap or Spread, as applicable, and potential for downside protection against losses, limited by the Buffer. An investment in the Allocation ETFs may provide returns that are lower than the returns that an investor could achieve by investing in one or more of the Underlying Buffer ETFs alone. Additionally, if an individual Underlying Buffer ETF has experienced certain levels of losses since the beginning of its Outcome Period, there may be little to no ability for the Allocation ETF to benefit from the Buffer for the remainder of the time that it holds that Underlying Buffer ETF's shares pursuant to the laddered approach. With respect to the AllianzIM Buffer20 Allocation ETF and AllianzIM 6 Month Buffer10 Allocation ETF, if one or more of the Underlying Buffer ETFs has reached its Cap at the time you invest in such Allocation ETF, you may derive no benefit from the Allocation ETF's investment in that Underlying Buffer ETF. With respect to the AllianzIM Buffer15 Uncapped Allocation ETF, if one or more of the Underlying Buffer ETFs has not exceeded its Spread at the time you invest in the Allocation ETF, you may derive no benefit from the Allocation ETF's investment in that Underlying Buffer ETF unless and until such Underlying Buffer ETF exceeds its Spread. Likewise, if one or more of the Underlying Buffer ETFs has decreased in value below its Buffer at the time that you invest in an Allocation ETF, you may derive no protection against losses from the Allocation ETF's investment in that Underlying Buffer ETF. Each Allocation ETF, as a shareholder of the Underlying Buffer ETFs, indirectly bears its proportionate share of each Underlying Buffer ETF's expenses.

**Tax Risk** 

To maintain its status as a RIC, the Funds must meet certain income, diversification and distributions tests. For purposes of the diversification test, the identification of the issuer (or, in some cases, issuers) of a particular Fund investment can depend on the terms and conditions of that investment. In particular, there is no published IRS guidance or case law on how to determine the "issuer" of certain derivatives that the Funds will enter into. The Funds intend to treat FLEX Options referencing an index as "issued" by the issuer of the securities underlying the index, which would allow the Funds to count the FLEX Options as automatically diversified investments under the Code's diversification requirements. Based upon the language in the legislative history, the Funds that invest in FLEX Options on the Underlying ETF intend to treat the issuer of the FLEX Options as the referenced asset, which, assuming the referenced asset qualifies as a RIC, would allow such Funds to qualify for special rules in the RIC diversification requirements. In addition, the Funds intend to treat any income they may derive from the FLEX Options as "qualifying income" under the provisions of the Code applicable to RICs. If the income is not qualifying income or if the FLEX Options are not treated as issued by the issuer of the securities underlying the index or issued by the reference asset, as applicable, the Funds may not qualify, or may be disqualified, as a RIC. If the Funds do not qualify as a RIC for any taxable year and certain relief provisions are not available, the Funds' taxable income will be subject to tax at the Fund level and to a further

162<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

tax at the shareholder level when such income is distributed. Additionally, if a shareholder purchases shares after the Outcome Period has begun and shortly thereafter the Funds issue a dividend (commonly known as "buying a dividend"), the entire distribution may be taxable to the shareholder even though a portion of the distribution effectively represents a return of the purchase price.

**Valuation Risk** 

During periods of reduced market liquidity or in the absence of readily available market quotations for the holdings of the Funds, the ability to value the FLEX Options becomes more difficult and the judgment of the Adviser or a fair value pricing vendor (in accordance with the fair value procedures approved by the Board of Trustees of the Trust) may play a greater role in the valuation of the Funds' holdings due to reduced availability of reliable objective pricing data. Consequently, while such determinations will be made in good faith, it may nevertheless be more difficult to accurately assign a daily value.

**Liquidity Risk** 

In the event that trading in the FLEX Options is limited or absent, the value of the Funds' FLEX Options may decrease. There is no guarantee that a liquid secondary trading market will exist for the FLEX Options. The trading in FLEX Options may be less deep and liquid than the market for certain other securities. FLEX Options may be less liquid than certain non-customized options. In a less liquid market for the FLEX Options, terminating the FLEX Options may require the payment of a premium or acceptance of a discounted price and may take longer to complete. In a less liquid market for the FLEX Options, the liquidation of a large number of options may significantly impact the price of the options. A less liquid trading market may adversely impact the value of the FLEX Options and the value of your investment.

**Cash Transactions Risk** 

The Funds may issue and redeem creation units of their shares solely or partially for cash, rather than in-kind for securities and portfolio instruments. To the extent the Funds engage in full or partial cash creation and redemption transactions, an investment in the Funds may be less tax-efficient than an investment in an ETF that transacts principally in-kind. To the extent the Funds effect redemptions for cash, it may be required to sell portfolio securities or close derivatives positions in order to obtain the cash needed to distribute redemption proceeds. A sale of portfolio securities may result in capital gains or losses and may also result in higher brokerage costs. Moreover, cash transactions may have to be carried out over several days if the securities market is relatively illiquid and may involve considerable brokerage fees and taxes. These brokerage fees and taxes, which will be higher than if the Fund sold and redeemed its shares principally in-kind, generally will be passed on to purchasers and redeemers of shares in the form of creation and redemption transaction fees. In addition, these factors may result in wider spreads between the bid and the offered prices of shares than for other ETFs.

**Non-Diversification Risk** 

The Funds (other than the Diversified Funds) are classified as non-diversified under the 1940 Act. As a result, such Funds are

only limited as to the percentage of their assets which may be invested in the securities of any one issuer by the diversification requirements imposed by the Code. These Funds may invest a relatively high percentage of their assets in a limited number of issuers. As a result, these Funds may be more susceptible to a single adverse economic or regulatory occurrence affecting one or more of these issuers, experience increased volatility and be highly invested in certain issuers.

**Premium/Discount Risk** 

The Adviser cannot predict whether shares will trade on the Exchange below, at or above their NAV because the shares trade at market prices and not at NAV. Price differences can be especially pronounced during times of market volatility or stress. During these periods, the demand for shares may decrease considerably and cause the market price of shares to deviate significantly from the Fund's NAV. Thus, you may pay more (or less) than NAV when you buy shares of a Fund in the secondary market, and you may receive less (or more) than NAV when you sell those shares in the secondary market.

**Active Markets Risk** 

There can be no assurance that an active trading market for the shares will develop or be maintained. The Funds face numerous market trading risks, including losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Funds. Securities, including the shares, are subject to market fluctuations and liquidity

163<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Notes to Financial Statements** 

**October 31, 2025 (continued)** 

constraints that may be caused by such factors as economic, political, or regulatory developments, changes in interest rates, or perceived trends in securities prices. In stressed market conditions, the market for shares may become less liquid in response to deteriorating liquidity in the markets for the Funds' portfolio holdings, which may cause a significant variance in the market price of shares and their underlying value and wider bid-ask spreads.

**NOTE 10 – SEGMENT REPORTING** 

The Funds adopted FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) – Improvements to Reportable Segment Disclosures ("ASU 2023-07") during the period. Adoption of the new standard impacted financial statement disclosures only and did not affect the Funds' financial position or its results of operations. Subject to the oversight and, when applicable, approval of the Board, the officers of the Trust, as listed in the Trust's Statement of Additional Information, act as each Fund's chief operating decision maker ("CODM"). The CODM has determined that the Funds each have a single operating segment based on the fact that the CODM monitors the operating results of the Funds as a whole and the Funds' long-term strategic asset allocation is determined in accordance with the terms of the prospectus, based on a defined investment strategy which is executed by the Funds' portfolio managers as a team. The financial information provided to and reviewed by the CODM is consistent with that presented in the Funds' financial statements.

**NOTE 11 – SUBSEQUENT EVENTS** 

The Funds have evaluated the need for disclosure and/or adjustments resulting from subsequent events through the dates the financial statements were issued. Based on this evaluation, no adjustments were required to the financial statements.

At a meeting held on December 2, 2025, the Board, at the recommendation of the Adviser, approved changes to certain Funds, as described below.

Name and 80% Investment Policy Changes: The Board approved changing the name of certain Funds from "U.S. Large Cap" to "U.S. Equity," effective at market open on December 22, 2025, as described in this report. Each affected Fund's investment policy to, under normal circumstances, invest at least 80% of its net assets in instruments with economic characteristics similar to U.S. large cap equity securities also will be revised to state that, under normal circumstances, the Fund invests at least 80% of its net assets in instruments with economic characteristics similar to U.S. equity securities. The revised policy will become effective for each Fund following the required 60-day notice to shareholders. These changes do not impact the Funds' investment objectives, strategies, day-to-day management or operations, and the Funds will continue to pursue their defined outcome strategies as described in their current prospectuses.

Exchange Listing Changes: The Board approved changing the listing exchange on which Shares of certain Funds<sup>1</sup> are listed and traded from NYSE Arca, Inc. to CBOE BZX Exchange, Inc., effective at market open on December 22, 2025. The Funds' ticker symbols remain the same.

<sup>1</sup> AllianzIM U.S. Equity Buffer10 Jan ETF; AllianzIM U.S. Equity Buffer20 Jan ETF; AllianzIM U.S. Equity Buffer10 Feb ETF; AllianzIM U.S. Equity Buffer20 Feb ETF; AllianzIM U.S. Equity Buffer10 Mar ETF; AllianzIM U.S. Equity Buffer20 Mar ETF; AllianzIM U.S. Equity Buffer10 Apr ETF; AllianzIM U.S. Equity Buffer20 Apr ETF; AllianzIM U.S. Equity Buffer10 May ETF; AllianzIM U.S. Equity Buffer20 May ETF; AllianzIM U.S. Equity Buffer10 Jun ETF; AllianzIM U.S. Equity Buffer20 Jun ETF; AllianzIM U.S. Equity Buffer10 Jul ETF; AllianzIM U.S. Equity Buffer20 Jul ETF; AllianzIM U.S. Equity Buffer10 Aug ETF; AllianzIM U.S. Equity Buffer20 Aug ETF; AllianzIM U.S. Equity Buffer10 Sep ETF; AllianzIM U.S. Equity Buffer20 Sep ETF; AllianzIM U.S. Equity Buffer10 Oct ETF; AllianzIM U.S. Equity Buffer20 Oct ETF; AllianzIM U.S. Equity Buffer10 Nov ETF; AllianzIM U.S. Equity Buffer20 Nov ETF; AllianzIM U.S. Equity Buffer10 Dec ETF; AllianzIM U.S. Equity Buffer20 Dec ETF; AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF; AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF; AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF; AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF; AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF; AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF; AllianzIM Buffer20 Allocation ETF; AllianzIM 6 Month Buffer10 Allocation ETF; AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF; and AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF. 

164<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Report of Independent Registered Public Accounting Firm** 

To the Shareholders and Board of Trustees of

AIM ETF Products Trust

<u>Opinion on the Financial Statements</u>

We have audited the accompanying statements of assets and liabilities, including the schedules of investments and written options, of AIM ETF Products Trust comprising the funds listed below (the "Funds") as of October 31, 2025, the related statements of operations, changes in net assets, the financial highlights for each of the periods indicated below, and the related notes (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the Funds as of October 31, 2025, the results of their operations, the changes in net assets, and the financial highlights for each of the periods indicated below, in conformity with accounting principles generally accepted in the United States of America.

---

| | | | |
|:---|:---|:---|:---|
| **Fund Name** | **Statements of Operations** | **Statements of Changes** <br>**in Net Assets** | **Financial Highlights**  |
| AllianzIM U.S. Equity Buffer10 Jan ETF and AllianzIM U.S. Equity Buffer20 Jan ETF | For the year ended October 31, 2025 | For the years ended October 31, 2025, and<br>October 31, 2024 | For the years ended October 31, 2025, October 31, 2024, October 31, 2023, the period from October 1, 2022 through October 31, 2022, the year ended September 30, 2022, and for the period from December 31, 2020 (commencement of operations)<br>through September 30, 2021.  |
| AllianzIM U.S. Equity Buffer10 Feb ETF and AllianzIM U.S. Equity Buffer20 Feb ETF | For the year ended October 31, 2025 | For the years ended October 31, 2025, and<br>October 31, 2024 | For the years ended October 31, 2025, October 31, 2024, and for the period from January 31, 2023 (commencement of operations) through October 31, 2023. |
| AllianzIM U.S. Equity Buffer10 Mar ETF and AllianzIM U.S. Equity Buffer20 Mar ETF | For the year ended October 31, 2025 | For the years ended October 31, 2025, and<br>October 31, 2024 | For the years ended October 31, 2025, October 31, 2024, and for the period from February 28, 2023 (commencement of operations)<br>through October 31, 2023. |
| AllianzIM U.S. Equity Buffer10 Apr ETF and AllianzIM U.S. Equity Buffer20 Apr ETF | For the year ended October 31, 2025 | For the years ended October 31, 2025, and<br>October 31, 2024 | For the years ended October 31, 2025, October 31, 2024, October 31, 2023, the period from October 1, 2022, through October 31, 2022, the years ended September 30, 2022, and<br>September 30, 2021. |
| AllianzIM U.S. Equity Buffer10 May ETF and AllianzIM U.S. Equity Buffer20 May ETF | For the year ended October 31, 2025 | For the years ended October 31, 2025, and<br>October 31, 2024 | For the years ended October 31, 2025, October 31, 2024, and for the period from April 28, 2023 (commencement of operations) through October 31, 2023. |
| AllianzIM U.S. Equity Buffer10 Jun ETF and AllianzIM U.S. Equity Buffer20 Jun ETF | For the year ended October 31, 2025 | For the years ended October 31, 2025, and<br>October 31, 2024 | For the years ended October 31, 2025, October 31, 2024, and for the period from May 31, 2023 (commencement of operations) through October 31, 2023. |

---

165<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Report of Independent Registered Public Accounting Firm (continued)** 

---

| | | | |
|:---|:---|:---|:---|
| **Fund Name** | **Statements of Operations** | **Statements of Changes** <br>**in Net Assets** | **Financial Highlights**  |
| AllianzIM U.S. Equity Buffer10 Jul ETF and AllianzIM U.S. Equity Buffer20 Jul ETF | For the year ended October 31, 2025 | For the years ended October 31, 2025, and<br>October 31, 2024 | For the years ended October 31, 2025, October 31, 2024, October 31, 2023, the period from October 1, 2022, through October 31, 2022, the years ended September 30, 2022, and<br>September 30, 2021. |
| AllianzIM U.S. Equity Buffer10 Aug ETF and AllianzIM U.S. Equity Buffer20 Aug ETF | For the year ended October 31, 2025 | For the years ended October 31, 2025, and<br>October 31, 2024 | For the years ended October 31, 2025, October 31, 2024, and for the period from July 31, 2023 (commencement of operations) through October 31, 2023. |
| AllianzIM U.S. Equity Buffer10 Sep ETF and AllianzIM U.S. Equity Buffer20 Sep ETF | For the year ended October 31, 2025 | For the years ended October 31, 2025, and<br>October 31, 2024 | For the years ended October 31, 2025, October 31, 2024, and for the period from August 31, 2023 (commencement of operations) through October 31, 2023. |
| AllianzIM U.S. Equity Buffer10 Oct ETF and AllianzIM U.S. Equity Buffer20 Oct ETF | For the year ended October 31, 2025 | For the years ended October 31, 2025, and<br>October 31, 2024 | For the years ended October 31, 2025, October 31, 2024, October 31, 2023, the period from October 1, 2022, through October 31, 2022, the years ended September 30, 2022, and September 30, 2021. |
| AllianzIM U.S. Equity Buffer10 Nov ETF and AllianzIM U.S. Equity Buffer20 Nov ETF | For the year ended October 31, 2025 | For the years ended October 31, 2025, and<br>October 31, 2024 | For the years ended October 31, 2025, October 31, 2024, October 31, 2023, and for the one-day period ended October 31, 2022 (commencement of<br>operations). |
| AllianzIM U.S. Equity Buffer10 Dec ETF and AllianzIM U.S. Equity Buffer20 Dec ETF | For the year ended October 31, 2025 | For the years ended October 31, 2025, and<br>October 31, 2024 | For the years ended October 31, 2025, October 31, 2024, and for the period from November 30, 2022 (commencement of operations) through October 31, 2023. |
| AllianzIM U.S. Equity Buffer15 Uncapped<br>Jan ETF | For the period from December 31, 2024 (commencement of operations) through October 31, 2025. | For the period from December 31, 2024 (commencement of operations) through October 31, 2025. | For the period from December 31, 2024 (commencement of operations) through October 31, 2025. |
| AllianzIM U.S. Equity Buffer15 Uncapped <br>Feb ETF | For the period from January 31, 2025 (commencement of operations) through October 31, 2025. | For the period from January 31, 2025 (commencement of operations) through October 31, 2025. | For the period from January 31, 2025 (commencement of operations) through October 31, 2025. |
| AllianzIM U.S. Equity Buffer15 Uncapped<br>Mar ETF | For the period from February 28, 2025 (commencement of operations) through October 31, 2025. | For the period from February 28, 2025 (commencement of operations) through October 31, 2025. | For the period from February 28, 2025 (commencement of operations) through October 31, 2025. |

---

166<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Report of Independent Registered Public Accounting Firm (continued)** 

---

| | | | |
|:---|:---|:---|:---|
| **Fund Name** | **Statements of Operations** | **Statements of Changes** <br>**in Net Assets** | **Financial Highlights**  |
| AllianzIM U.S. Equity Buffer15 Uncapped<br>Apr ETF | For the year ended October 31, 2025 | For the year ended October 31, 2025, and for the period from March 28, 2024 (commencement of operations) through October 31, 2024.  | For the year ended October 31, 2025, and for the period from March 28, 2024 (commencement of operations) through October 31, 2024.  |
| AllianzIM U.S. Equity Buffer15 Uncapped May ETF | For the year ended October 31, 2025 | For the year ended October 31, 2025, and for the period from April 30, 2024 (commencement of operations) through October 31, 2024. | For the year ended October 31, 2025, and for the period from April 30, 2024 (commencement of operations) through October 31, 2024. |
| AllianzIM U.S. Equity Buffer15 Uncapped<br>Jun ETF | For the year ended October 31, 2025 | For the year ended October 31, 2025, and for the period from May 31, 2024 (commencement of operations) through October 31, 2024. | For the year ended October 31, 2025, and for the period from May 31, 2024 (commencement of operations) through October 31, 2024. |
| AllianzIM U.S. Equity Buffer15 Uncapped<br>Jul ETF | For the year ended October 31, 2025 | For the year ended October 31, 2025, and for the period from June 28, 2024 (commencement of operations) through October 31, 2024. | For the year ended October 31, 2025, and for the period from June 28, 2024 (commencement of operations) through October 31, 2024. |
| AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF | For the year ended October 31, 2025 | For the year ended October 31, 2025, and for the period from July 31, 2024 (commencement of operations) through October 31, 2024. | For the year ended October 31, 2025, and for the period from July 31, 2024 (commencement of operations) through October 31, 2024. |
| AllianzIM U.S. Equity<br>Buffer15 Uncapped Sep ETF | For the year ended October 31, 2025 | For the year ended October 31, 2025, and for the period from August 30, 2024 (commencement of operations) through October 31, 2024. | For the year ended October 31, 2025, and for the period from August 30, 2024 (commencement of operations) through October 31, 2024. |
| AllianzIM U.S. Equity Buffer15 Uncapped<br>Oct ETF | For the year ended October 31, 2025 | For the year ended October 31, 2025, and for the period from September 30, 2024 (commencement of operations) through October 31, 2024. | For the year ended October 31, 2025, and for the period from September 30, 2024 (commencement of operations) through October 31, 2024. |
| AllianzIM U.S. Equity Buffer15 Uncapped<br>Nov ETF | For the year ended October 31, 2025 | For the year ended October 31, 2025, and for the one-day period ended October 31, 2024 (commencement of operations). | For the year ended October 31, 2025, and for the one-day period ended October 31, 2024 (commencement of operations). |
| AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF | For the period from November 29, 2024 (commencement of operations) through October 31, 2025. | For the period from November 29, 2024 (commencement of operations) through October 31, 2025. | For the period from November 29, 2024 (commencement of operations) through October 31, 2025. |
| AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF | For the year ended October 31, 2025 | For the years ended October 31, 2025, and<br>October 31, 2024 | For the years ended October 31, 2025, October 31, 2024, October 31, 2023, the period from October 1, 2022, through October 31, 2022, and for the period from December 31, 2021 (commencement of operations) through September 30, 2022. |
| AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF | For the year ended October 31, 2025 | For the year ended October 31, 2025, and for the period from January 31, 2024 (commencement of operations) through October 31, 2024. | For the year ended October 31, 2025, and for the period from January 31, 2024 (commencement of operations) through October 31, 2024. |
| AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF | For the year ended October 31, 2025 | For the year ended October 31, 2025, and for the period from February 29, 2024 (commencement of operations) through October 31, 2024. | For the year ended October 31, 2025, and for the period from February 29, 2024 (commencement of operations) through October 31, 2024. |

---

167<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Report of Independent Registered Public Accounting Firm (continued)** 

---

| | | | |
|:---|:---|:---|:---|
| **Fund Name** | **Statements of Operations** | **Statements of Changes** <br>**in Net Assets** | **Financial Highlights**  |
| AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF | For the year ended October 31, 2025 | For the years ended October 31, 2025, and<br>October 31, 2024 | For the years ended October 31, 2025, October 31, 2024, and October 31, 2023, the period from October 1, 2022, through October 31, 2022, the year ended September 30, 2022, and for the one day period ended September 30, 2021 (commencement of operations). |
| AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF | For the year ended October 31, 2025 | For the year ended October 31, 2025, and for the period from April 30, 2024 (commencement of operations) through October 31, 2024. | For the year ended October 31, 2025, and for the period from April 30, 2024 (commencement of operations) through October 31, 2024. |
| AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF | For the year ended October 31, 2025 | For the year ended October 31, 2025, and for the period from May 31, 2024 (commencement of operations) through October 31, 2024. | For the year ended October 31, 2025, and for the period from May 31, 2024 (commencement of operations) through October 31, 2024. |
| AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF | For the year ended October 31, 2025 | For the year ended October 31, 2025, and for the period from January 31, 2024 (commencement of operations) through October 31, 2024. | For the year ended October 31, 2025, and for the period from January 31, 2024 (commencement of operations) through October 31, 2024. |
| AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF | For the year ended October 31, 2025 | For the year ended October 31, 2025, and for the period from March 28, 2024 (commencement of operations) through October 31, 2024. | For the year ended October 31, 2025, and for the period from March 28, 2024 (commencement of operations) through October 31, 2024. |
| AllianzIM U.S. Equity Buffer15 ETF and AllianzIM U.S. Equity Buffer100 Protection ETF | For the period from June 30, 2025 (commencement of operations) through October 31, 2025.  | For the period from June 30, 2025 (commencement of operations) through October 31, 2025.  | For the period from June 30, 2025 (commencement of operations) through October 31, 2025.  |
| AllianzIM Buffer20 Allocation ETF and AllianzIM 6 Month Buffer10 Allocation<br>ETF | For the period from January 7, 2025 (commencement of operations) through October 31, 2025. | For the period from January 7, 2025 (commencement of operations) through October 31, 2025. | For the period from January 7, 2025 (commencement of operations) through October 31, 2025. |
| AllianzIM Buffer15 Uncapped Allocation ETF | For the period from March 5, 2025 (commencement of operations) through October 31, 2025.  | For the period from March 5, 2025 (commencement of operations) through October 31, 2025.  | For the period from March 5, 2025 (commencement of operations) through October 31, 2025.  |

---

<u>Basis for Opinion</u>

These financial statements are the responsibility of the Funds' management. Our responsibility is to express an opinion on the Funds' financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) ("PCAOB") and are required to be independent with respect to the Funds in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement whether due to error or fraud.

168<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Report of Independent Registered Public Accounting Firm (continued)** 

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our procedures included confirmation of securities owned as of October 31, 2025, by correspondence with the custodian and brokers; when replies were not received from broker, we performed other auditing procedures. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

We have served as the Funds' auditor since 2020.

![](aim-sign_20951.jpg)

COHEN & COMPANY, LTD.

Cleveland, Ohio

December 18, 2025

169<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Other Information (unaudited)** 

**Item 8. Changes in and Disagreements with Accountants** 

There were no changes in or disagreements with the Funds' accountants during the reporting period ended October 31, 2025.

**Item 9. Proxy Disclosures** 

There were no matters submitted for vote by shareholders of the Funds' during the reporting period ended October 31, 2025.

**Item 10. Remuneration Paid to Directors, Officers, and Others** 

Pursuant to the Advisory Agreement, the Adviser is paid a unitary management fee which is designed to pay the Funds' ordinary operating expenses, subject to certain exclusions. As such, the Adviser pays remuneration to the trustees who are not "interested persons" (as defined in the 1940 Act) of the Trust or the Adviser (Independent Trustees) and to an officer of the Trust on behalf of the Funds. Non-independent trustees do not receive compensation from the Funds.

170<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract (unaudited)** 

AllianzIM U.S. Equity Buffer10 Jan ETF

AllianzIM U.S. Equity Buffer20 Jan ETF

AllianzIM U.S. Equity Buffer10 Feb ETF

AllianzIM U.S. Equity Buffer20 Feb ETF

AllianzIM U.S. Equity Buffer10 Mar ETF

AllianzIM U.S. Equity Buffer20 Mar ETF

AllianzIM U.S. Equity Buffer10 Apr ETF

AllianzIM U.S. Equity Buffer20 Apr ETF

AllianzIM U.S. Equity Buffer10 May ETF

AllianzIM U.S. Equity Buffer20 May ETF

AllianzIM U.S. Equity Buffer10 Jun ETF

AllianzIM U.S. Equity Buffer20 Jun ETF

AllianzIM U.S. Equity Buffer10 Jul ETF

AllianzIM U.S. Equity Buffer20 Jul ETF

AllianzIM U.S. Equity Buffer10 Aug ETF

AllianzIM U.S. Equity Buffer20 Aug ETF

AllianzIM U.S. Equity Buffer10 Sep ETF

AllianzIM U.S. Equity Buffer20 Sep ETF

AllianzIM U.S. Equity Buffer10 Oct ETF

AllianzIM U.S. Equity Buffer20 Oct ETF

AllianzIM U.S. Equity Buffer10 Nov ETF

AllianzIM U.S. Equity Buffer20 Nov ETF

AllianzIM U.S. Equity Buffer10 Dec ETF

AllianzIM U.S. Equity Buffer20 Dec ETF

AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF

AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF

AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF

AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF

AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF

AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF

AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF

AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF

AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF

AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF

AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF

AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF

AllianzIM U.S. Equity Buffer15 Uncapped May ETF

AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF

AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF

AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF

AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF

AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF

AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF

AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF

At an in-person meeting of the Board of Trustees (the "Board") of AIM ETF Products Trust (the "Trust") held September 23, 2025, the Board, including those Trustees (the "Independent Trustees") who are not "interested persons" (as that term is defined in the Investment Company Act of 1940 (the "1940 Act")) of the Trust, approved the renewal of the investment advisory agreement (the "Agreement") between Allianz Investment Management LLC (the "Manager") and the Trust with respect to each of the AllianzIM U.S. Equity Buffer10 Jan ETF, AllianzIM U.S. Equity Buffer20 Jan ETF, AllianzIM U.S. Equity Buffer10 Feb ETF, AllianzIM U.S. Equity Buffer20 Feb ETF, AllianzIM U.S. Equity Buffer10 Mar ETF, AllianzIM U.S. Equity Buffer20 Mar ETF, AllianzIM U.S. Equity Buffer10 Apr ETF, AllianzIM U.S. Equity Buffer20 Apr ETF, AllianzIM U.S. Equity Buffer10 May ETF, AllianzIM U.S. Equity Buffer20 May ETF, AllianzIM U.S. Equity Buffer10 Jun ETF, AllianzIM U.S. Equity Buffer20 Jun ETF, AllianzIM U.S. Equity Buffer10 Jul ETF, AllianzIM U.S. Equity Buffer20 Jul ETF, AllianzIM U.S. Equity Buffer10 Aug ETF, AllianzIM U.S. Equity Buffer20 Aug ETF, AllianzIM U.S. Equity Buffer10 Sep ETF, AllianzIM U.S. Equity Buffer20 Sep

171<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract (unaudited) (continued)** 

ETF, AllianzIM U.S. Equity Buffer10 Oct ETF, AllianzIM U.S. Equity Buffer20 Oct ETF, AllianzIM U.S. Equity Buffer10 Nov ETF, AllianzIM U.S. Equity Buffer20 Nov ETF, AllianzIM U.S. Equity Buffer10 Dec ETF, AllianzIM U.S. Equity Buffer20 Dec ETF, AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF, and AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF, AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF, AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF, AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF, AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF, AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF, AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF, AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF, AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF, AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF, AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF, AllianzIM U.S. Equity Buffer15 Uncapped May ETF, AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF, AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF, AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF, AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF, AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF, AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF, and AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF (each, a "Fund"), for an additional one-year period, ending December 31, 2026.

Under the Agreement, the Manager is obligated to pay all of the ordinary operating expenses of each Fund, except for certain excluded items (the "Unified Fee"). Information relevant to the approval of renewal was presented and considered at Board meetings held June 3, 2025, June 9-10, 2025, and September 23, 2025 (the "Meetings"). In considering renewal of the Agreement, the Independent Trustees also met in executive session with independent counsel, who provided assistance and advice.

The Board, including the Independent Trustees, evaluated the terms of the Agreement, reviewed and considered information provided by the Manager in connection with the Agreement, and took into account the duties and responsibilities of the Trustees in evaluating and renewing the Agreement. The materials provided for the Meetings included: (i) the Agreement; (ii) the Manager's responses to an information request relating to the Agreement and the services thereunder; (iii) financial information relating to the Manager's profitability in managing each Fund; (iv) information concerning the business, operations and compliance program of the Manager; and (v) a memorandum from independent counsel regarding the role and responsibilities of trustees in considering the renewal of investment advisory arrangements. The Board reviewed and considered information provided by the Manager throughout the year at regular Board meetings and in executive sessions. At each such meeting, the Board was advised by independent counsel. The Board also considered data provided by the Manager, from an unaffiliated third-party database, comparing the advisory fee and expense ratio of each Fund with the fees and expenses of a peer group of similar U.S.-listed defined outcome ETFs (the "Peer Group"). The Board discussed the criteria used by the Manager for selecting the Peer Group and concluded that the data was useful and reliable for the purpose of reviewing the Agreement. Throughout the process, the Board had numerous opportunities to ask questions of and request additional materials from the Manager.

The Board is aware that various courts have interpreted provisions of the 1940 Act and have indicated in their decisions that the following factors may be relevant to an adviser's compensation: the nature, extent and quality of the services provided by the adviser, including the performance of the fund; the adviser's cost of providing the services; the extent to which the adviser has realized or may realize "economies of scale" as the fund grows larger; any indirect benefits that have accrued or may accrue to the adviser and its affiliates as a result of the adviser's relationship with the fund; performance and expenses of comparable funds; the profitability of acting as adviser to the fund; and the extent to which the independent board members are fully informed about all facts bearing on the adviser's services and fees. The Board is aware of these factors and took them into account in its review of the Agreement for each Fund.

Form N-CSR filings are required to include a discussion of certain factors relating to the selection of the investment adviser and the approval of the advisory fee. The "factors" enumerated by the SEC are set forth below with the Board's conclusions regarding such factors:

&nbsp;&nbsp;&nbsp;&nbsp;(a) The nature, extent and quality of services
 provided to each Fund by the Manager. The Board reviewed and considered the scope of services provided under the Agreement. In considering
 the nature, extent and quality of the services provided by the Manager, the Board reviewed and considered the Manager's compliance
 infrastructure and the financial strength and resources of the Manager and its parent organization. The Board also reviewed information
 regarding the qualifications, background and experience of the investment personnel responsible for the day-to-day management of each
 Fund, including expertise with hedging strategies and derivatives instruments. The Board considered the Manager's experience as
 the investment manager to the Funds as well as to mutual funds underlying variable products and other accounts. The Board also considered
 the services provided to each Fund by the Manager, such as implementation of the Fund's investment strategy, monitoring adherence
 to the Fund's investment restrictions,

172<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract (unaudited) (continued)** 

and monitoring compliance with various Fund policies and procedures and with applicable securities regulations. Based on the factors above, as well as those discussed below, the Board concluded that it was satisfied with the nature, extent and quality of the services provided to each Fund by the Manager based on its experience, personnel, operations and resources.

&nbsp;&nbsp;&nbsp;&nbsp;(b) The cost of services provided to each Fund
 by the Manager, profitability and economies of scale. The Board reviewed the expense ratio and advisory fee paid by each Fund and considered
 the expense ratios and advisory fees of the Peer Group. The Board noted that each Fund's advisory fee and net expense ratio were
 lower than the advisory fees and net expense ratios of over half of the funds included in the Peer Group, which placed the Funds in the
 22<sup>nd</sup> percentile among the funds included in the Peer Group. The Board took into consideration that the advisory fee was a "unified
 fee," meaning that the Manager bears all of the ordinary operating expenses of the Funds, except for certain excluded items. The
 Board concluded that the advisory fee was reasonable.

The Board also evaluated the compensation and benefits received by the Manager and its affiliates from their relationship with each Fund, taking into account the Manager's profitability. The Board noted that each Fund had not yet gathered sufficient assets to result in any meaningful economies of scale; the Board determined to address economies of scale when assets under management reached appropriate levels.

&nbsp;&nbsp;&nbsp;&nbsp;(c) The investment performance of each Fund and
 the Manager. The Board considered the investment performance of each Fund, including how it compared to the performance of the Fund's
 reference asset and in light of the Fund's defined outcome investment strategy. The Board considered that each Fund had finished
 one or more outcome periods in line with the performance outcome it seeks to achieve. The Board concluded that each Fund's investment
 performance has been consistent with the Fund's investment objective and strategies. The Board received and considered information
 about the premium/discount history of each Fund, which illustrated the number of times that the market price of the Fund trading on the
 secondary market closed above or below the net asset value of the Fund, and by how much, measured in basis points. The Board also took
 into account the Manager's experience managing mutual funds underlying variable products and other accounts. The Board noted that
 such experience demonstrated the Manager's ability to effectively manage 1940 Act registered investment companies. After considering
 all of the information, the Board concluded that each Fund and its shareholders were likely to continue to benefit from the Manager's
 management.

In conclusion, after full consideration of the above factors, as well as such other factors as each member of the Board considered instructive in evaluating the Agreement, the Board, including the Independent Trustees, concluded that the advisory fee was reasonable, and that the renewal of the Agreement was in the best interest of each Fund. No single factor was determinative to the decision of the Board, and each individual Trustee may have assigned different weights to various factors.

173<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract (unaudited) (continued)** 

AllianzIM U.S. Equity Buffer15 ETF

AllianzIM U.S. Equity Buffer100 Protection ETF

At an in-person meeting (the "Meeting") of the Board of Trustees (the "Board") of AIM ETF Products Trust (the "Trust") held February 25, 2025, the Board, including those Trustees (the "Independent Trustees") who are not "interested persons" (as that term is defined in the Investment Company Act of 1940 (the "1940 Act")) of the Trust, approved the investment advisory agreement (the "Agreement") between Allianz Investment Management LLC (the "Manager") and the Trust with respect to each of the AllianzIM U.S. Equity Buffer15 ETF and AllianzIM U.S. Equity Buffer100 Protection ETF (each, a "Fund"), for an initial two-year term.

In considering the approval of the Agreement, the Board reviewed and considered information provided by the Manager at the Meeting including information pertaining to the Funds, specifically, and information provided to the Board throughout the year at meetings of the Board and its committees. The Independent Trustees also met in executive session with independent counsel, who provided assistance and advice.

The Board, including the Independent Trustees, evaluated the terms of the Agreement, reviewed information provided by the Manager in connection with the Agreement, and took into account the duties and responsibilities of the Trustees in evaluating and approving the Agreement. Under the Agreement, the Manager is obligated to pay all of the ordinary operating expenses of each Fund, except for certain excluded items (the "Unified Fee"). The Board noted that the Unified Fee was consistent with the current management fee structure for the existing series of the Trust. The Board also considered data provided by the Manager, from an unaffiliated third-party database, comparing the advisory fee and projected expense ratio of each Fund with the fees and expenses of a peer group of similar U.S.-listed buffer ETFs (the "Peer Group"). The Board discussed the criteria used by the Manager for selecting the Peer Group and concluded that the data was useful and reliable for the purpose of reviewing the Agreement.

The Board is aware that various courts have interpreted provisions of the 1940 Act and have indicated in their decisions that the following factors may be relevant to an adviser's compensation: the nature, extent and quality of the services provided by the adviser, including the performance of the fund; the adviser's cost of providing the services; the extent to which the adviser has realized or may realize "economies of scale" as the fund grows larger; any indirect benefits that have accrued or may accrue to the adviser and its affiliates as a result of the adviser's relationship with the fund; performance and expenses of comparable funds; the profitability of acting as adviser to the fund; and the extent to which the independent board members are fully informed about all facts bearing on the adviser's services and fees. The Board is aware of these factors and took them into account in its review of the Agreement for each Fund.

Form N-CSR filings are required to include a discussion of certain factors relating to the selection of the investment adviser and the approval of the advisory fee. The "factors" enumerated by the SEC are set forth below with the Board's conclusions regarding such factors:

&nbsp;&nbsp;&nbsp;&nbsp;(a) The nature, extent and quality of services
 to be provided to each Fund by the Manager. The Board considered the scope of services to be provided under the Agreement. In considering
 the nature, extent and quality of the services to be provided by the Manager, the Board reviewed and considered the Manager's compliance
 infrastructure and the financial strength and resources of the Manager and its parent organization. The Board also reviewed information
 regarding the qualifications, background and experience of the investment personnel who will be responsible for the day-to-day management
 of each Fund, including expertise with hedging strategies and derivatives instruments. The Board considered the Manager's experience
 as the investment manager to the other series of the Trust as well as to mutual funds underlying variable products and other accounts.
 The Board also considered the services to be provided to each Fund by the Manager, such as implementation of the Fund's investment
 strategy, monitoring adherence to the Fund's investment restrictions, and monitoring compliance with various Fund policies and procedures
 and with applicable securities regulations. Based on the factors above, as well as those discussed below, the Board concluded that it
 was satisfied with the nature, extent and quality of the services to be provided to each Fund by the Manager based on its experience,
 personnel, operations and resources.

&nbsp;&nbsp;&nbsp;&nbsp;(b) The cost of services to be provided to each
 Fund by the Manager, profitability and economies of scale. The Board reviewed the proposed expense ratio and advisory fee to be paid by
 each Fund and considered the expense ratios and advisory fees of the Peer Group. The Board noted that each Fund's advisory fee and
 net expense ratio were lower than the advisory fees and net expense ratios of many of the funds included in the Peer Group, which placed
 the Funds in

174<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract (unaudited) (continued)** 

the 17th percentile among the funds included in the Peer Group. The Board took into consideration that the advisory fee was a "unified fee," meaning that the Manager bears all of the ordinary operating expenses of the Funds, except for certain excluded items. The Board concluded that the advisory fee was reasonable.

The Board also evaluated the compensation and benefits expected to be received by the Manager and its affiliates from their relationship with each Fund, taking into account the Manager's anticipated profitability. The Board noted that the Manager will bear all of the organizational expenses of each Fund. The Board noted that, because the Funds had not yet commenced operations, it was too early to assess the potential for economies of scale, though the Board determined to address economies of scale when assets under management reached appropriate levels.

&nbsp;&nbsp;&nbsp;&nbsp;(c) The investment performance of each Fund and
 the Manager. The Board noted that there was no prior performance of the Funds to consider, but the Board took into account the Manager's
 experience managing the other series of the Trust as well as mutual funds underlying variable products and other accounts. The Board noted
 that such experience demonstrated the Manager's ability to effectively manage 1940 Act registered investment companies. After considering
 all of the information, the Board concluded that each Fund and its shareholders were likely to benefit from the Manager's management.

In conclusion, after full consideration of the above factors, as well as such other factors as each member of the Board considered instructive in evaluating the Agreement, the Board, including the Independent Trustees, concluded that the advisory fee was reasonable, and that the approval of the Agreement was in the best interest of each Fund. No single factor was determinative to the decision of the Board, and each individual Trustee may have assigned different weights to various factors.

175<br>

------

**[**TABLE OF CONTENTS**](#TOC)**

AIM ETF PRODUCTS TRUST

**Investment Adviser** 

**Allianz Investment Management LLC** 

**5701 Golden Hills Drive** 

**Minneapolis, Minnesota 55416** 

**Distributor** 

**Foreside Fund Services, LLC** 

**Three Canal Plaza, Suite 100** 

**Portland, Maine 04101** 

**Administrator, Custodian, Fund Accountant, and Transfer Agent** 

**Brown Brothers Harriman & Co.** 

**50 Post Office Square** 

**Boston, Massachusetts 02110** 

**Legal Counsel** 

**Stradley Ronon Stevens and Young, LLP** 

**2005 Market Street, Suite 2600** 

**Philadelphia, Pennsylvania 19103** 

**Independent Registered Public Accounting Firm** 

**Cohen & Company, Ltd.** 

**1350 Euclid Avenue, Suite 800** 

**Cleveland, Ohio 44115** 

**Item 8. Changes in and Disagreements with Accountants for Open-End Management Investment Companies.**

Information included in Item 7, if applicable.

**Item 9. Proxy Disclosures for Open-End Management Companies.**

Information included in Item 7, if applicable.

**Item 10. Remuneration Paid to Directors, Officers, and Others of Open-End Management Companies.**

Information included in Item 7, if applicable.

**Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract.**

Information included in Item 7, if applicable.

**Item 12. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.**

Not applicable.

**Item 13. Portfolio Managers of Closed-End Management Investment Companies.**

Not applicable.

**Item 14. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.**

Not applicable.

**Item 15. Submission of Matters to a Vote of Security Holders.**

There have been no material changes to the procedures by which shareholders may recommend nominees to the registrant's board of trustees.

**Item 16. Controls and Procedures.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The Registrant's principal executive and financial
 officers have concluded that the Registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment
 Company Act of 1940, as amended (the "1940 Act")) are effective, as of a date within 90 days of the filing date of this report,
 based on their evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rules 13a-15(b) or 15d-15(b)
 under the Securities Exchange Act of 1934, as amended (the "Exchange Act").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) There were no changes in the Registrant's internal
 control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the Registrant's period covered
 by this report, that have materially affected, or are reasonably likely to materially affect, the Registrant's internal control
 over financial reporting.

**Item 17. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.**

Not applicable.

**Item 18. Recovery of Erroneously Awarded Compensation.**

Not applicable.

**Item 19. Exhibits.**

(a)(1) [Code of Ethics applicable to Principal Executive and Principal Financial Officers of Registrant pursuant to Section 406 of the Sarbanes-Oxley Act of 2002 are filed as Exhibit 19(a)(1) to this Form N-CSR.](aept-efp20951_ex99a1.htm) <br> (a)(2) Not applicable.

(a)(3) [Certifications required by Rule 30a-2(a) under the 1940 Act and Section 302 of the Sarbanes-Oxley Act of 2002 are filed as Exhibit 19(a)(2) to this Form N-CSR.](aept-efp20951_ex99a3.htm)

(a)(4) Not applicable.

(a)(5) There has been no change to the Registrant's independent public accountant during the reporting period.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) [Certifications required by Rule 30a-2(b) under the 1940 Act and Section 906 of the Sarbanes-Oxley Act of 2002 are furnished as Exhibit 19(b) to this Form N-CSR.](aept-efp20951_ex99b.htm)

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(Registrant) AIM ETF Products Trust <br>By: (Signature and Title)

---

| | |
|:---|:---|
| /s/ Brian Muench | /s/ Brian Muench |
| Brian Muench | Brian Muench |
| Title: | President - Principal Executive Officer |
| Date: | December 29, 2025 |

---

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

<br> By: (Signature and Title)

---

| | |
|:---|:---|
| /s/ Brian Muench | /s/ Brian Muench |
| Brian Muench | Brian Muench |
| Title: | President - Principal Executive Officer |
| Date: | December 29, 2025 |

---

<br> By: (Signature and Title)

---

| | |
|:---|:---|
| /s/ Monique Labbe | /s/ Monique Labbe |
| Monique Labbe | Monique Labbe |
| Title: | Treasurer - Principal Financial Officer |
| Date: | December 29, 2025 |

---

## Ex-99.(A)(1)

**Exhibit 19(a)(1)**

**ALLIANZ VARIABLE INSURANCE PRODUCTS TRUST**

**ALLIANZ VARIABLE INSURANCE PRODUCTS FUND OF FUNDS TRUST**

**AIM ETF PRODUCTS TRUST**

**CODE OF ETHICS FOR PRINCIPAL EXECUTIVE AND**

**PRINCIPAL FINANCIAL OFFICERS**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**I.** **Covered Officers/Purpose of the Code** 

This Code of Ethics ("Code") of Allianz Variable Insurance Products Trust, Allianz Variable Insurance Products Fund of Funds Trust (together the "VA Trusts) and AIM ETF Products Trust (the "ETF Trust" and together with the VA Trusts, the "Trusts") applies to the Principal Executive Officer and Principal Financial Officer of the Trusts (the "Covered Officers," each of whom is set forth in Exhibit A) for the purpose of promoting:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• honest and ethical conduct, including the ethical handling of actual or apparent
conflicts of interest between personal and professional relationships;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• full, fair, accurate, timely and understandable disclosure in reports and documents
that the Trusts file with, or submit to, the Securities and Exchange Commission ("SEC") and in other public communications
made by the Trusts;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• compliance with applicable governmental laws, rules, and regulations;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the prompt internal reporting of violations of the Code to an appropriate person
or persons identified in the Code; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• accountability for adherence to the Code.

Each Covered Officer should adhere to a high standard of business ethics and should be sensitive to situations that may give rise to actual as well as apparent conflicts of interest.<sup>1</sup>

<sup>1</sup> Item 2 of Form N-CSR requires each Trust to disclose annually whether, as of the end of the period covered by the report, it has adopted a code of ethics that applies to its principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions, regardless of whether these officers are employed by the Trust or a third party. If the Trust has not adopted such a code of ethics, it must explain why it has not done so. Each Trust must also: (1) file with the SEC a copy of the code as an exhibit to its annual report; (2) post the text of the code on its Internet website and disclose, in its most recent report on Form N-CSR, its Internet address and the fact that it has posted the code on its Internet website; or (3) undertake in its most recent report on Form N-CSR to provide to any person without charge, upon request, a copy of the code and explain the manner in which such request may be made. Disclosure is also required of amendments to, or waivers (including implicit waivers) from, a provision of the code in the Trust's annual report on Form N-CSR or on its website. If the Trust intends to satisfy the requirement to disclose amendments and waivers by posting such information on its website, it will be required to disclose its Internet address and this intention.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**II.** **Covered Officers Should Handle Actual and Apparent Conflicts of Interest Ethically** 

**Overview**. A "conflict of interest" occurs when a Covered Officer's private interest interferes with the interests of, or his or her service to, a Trust. For example, a conflict of interest would arise if a Covered Officer, or a member of his or her family, receives improper personal benefits as a result of the Covered Officer's position in the Trust.

Certain conflicts of interest arise out of the relationships between Covered Officers and each Trust and already may be subject to conflict of interest provisions in the Investment Company Act of 1940 and the Investment Advisers Act of 1940, as applicable. For example, Covered Officers may not individually engage in certain transactions (such as the purchase or sale of securities or other property) with a Trust because of their status as "affiliated persons" of the Trust. Each Covered Officer is an employee of the investment adviser or a service provider ("Service Provider") to the Trusts. The Trusts', the investment adviser's and the Service Provider's compliance programs and procedures are designed to prevent, or identify and correct, violations of these provisions. This Code does not, and is not intended to, repeat or replace these programs and procedures, and such conflicts fall outside the parameters of this Code.

Although typically not presenting an opportunity for improper benefit, conflicts arise from, or as a result of, the contractual relationship between each Trust and the investment adviser and the Service Provider of which the Covered Officers are officers or employees. As a result, this Code recognizes that the Covered Officers will, in the normal course of their duties (whether formally for the Trusts, for the investment adviser or for the Service Provider), be involved in establishing polices and implementing decisions which will have different effects on the investment adviser, the Service Provider and the Trusts. The Participation of the Covered Officers in such activities is inherent in the contractual relationship between the Trusts and the investment adviser and the Service Provider and is consistent with the performance by the Covered Officers of their duties as officers of the Trusts. Thus, if performed in conformity with provisions of the Investment Company Act and the Investment Advisers Act, as applicable, such activities will be deemed to have been handled ethically. In addition, it is recognized by the Boards of Trustees of the Trusts (the "Board" or "Trustees") that the Covered Officers may also be officers or employees of one or more investment companies other than the Trusts.

Other conflicts of interest are covered by this Code, even if such conflicts of interest are not subject to provisions in the Investment Company Act or the Investment Advisers Act. The following list provides examples of conflicts of interest under this Code, but Covered Officers should keep in mind that these examples are not exhaustive. The overarching principle is that the personal interest of a Covered Officer should not be placed improperly before the interest of the Trusts.

Each Covered Officer must not:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• use his or her personal influence or personal relationships improperly to influence
investment decisions or financial reporting by the Trusts whereby the Covered Officer would benefit personally to the detriment of the
Trusts;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• cause the Trusts to take action, or fail to take action, for the individual personal
benefit of the Covered Officer rather than for the benefit of the Trusts; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• use material non-public knowledge of portfolio transactions made or contemplated
for the Trusts to trade personally or cause others to trade personally in contemplation of the market effect of such transactions.

There are some conflict of interest situations that may be discussed with the Chief Compliance Officer, if material. Examples of these include, but are not limited to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• service as a director on the board of any public or private company, other than
the Trusts, the investment adviser or the Service Provider;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the receipt of any non-nominal gifts related in any way to the Trusts;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the receipt of any entertainment from any company with which each Trust has current
or prospective business dealings unless such entertainment is business-related, reasonable in cost, appropriate as to time and place,
and not so frequent as to raise any question of impropriety;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ownership interest in, or any consulting or employment relationship with, any of
a Trust's service providers, other than its investment adviser, subadviser, principal underwriter, administrator or any affiliated
person thereof; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• a direct or indirect financial interest in commissions, transaction charges or
spreads paid by the Trusts for effecting portfolio transactions or for selling or redeeming shares other than an interest arising from
the Covered Officer's employment, such as compensation or equity ownership.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**III.** **Disclosure and Compliance** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• each Covered Officer should familiarize himself with the disclosure requirements
generally applicable to the Trusts;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• each Covered Officer should not knowingly misrepresent, or cause others to misrepresent,
facts about the Trusts to others, whether within or outside the Trusts, including to the Trusts' Trustees and auditors, and to governmental
regulators and self-regulatory organizations;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• each Covered Officer should, to the extent appropriate within his or her area of
responsibility, consult with other officers and employees of the Trusts and the Trusts' investment adviser or subadviser with the
goal of promoting full, fair, accurate, timely and understandable disclosure in the reports and documents the Trusts file with, or submit
to, the SEC and in other public communications made by the Trusts; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• it is the responsibility of each Covered Officer to promote compliance with the
standards and restrictions imposed by applicable laws, rules and regulations.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**IV.** **Reporting and Accountability** 

Each Covered Officer must:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• upon adoption of this Code (or thereafter as applicable, upon becoming a Covered Officer), affirm in
writing to the Board that he or she has received, read, and understands this Code;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• annually thereafter affirm to the Board in writing that he or she has complied with the requirements
of this Code;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• not retaliate against any employee or Covered Officer or their affiliated persons for reports of potential
violations of this Code that are made in good faith;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• notify the Chief Compliance Officer of the Trusts (the "CCO") promptly of any known violation
of this Code. Failure to do so is itself a violation of this Code; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• report at least annually any changes in his or her employment or securities industry affiliations from
the prior year.

The CCO is responsible for applying this Code to specific situations in which questions are presented under it and has the authority to interpret this Code in any particular situation. However, any approvals or waivers<sup>2</sup> sought by the Principal Executive Officer will be considered by the Audit Committee of the Board of the affected Trust(s) (the "Committee").

The Trusts will follow these procedures in investigating and enforcing this Code:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the CCO will take all the appropriate action to investigate any reported potential
violations ;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• if, after such investigation, the CCO believes that no violation has occurred,
the CCO is not required to take any further action;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• any matter that the CCO believes is a violation will be reported to the Committee;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• if the Committee concurs that a violation has occurred, it will inform and make
a recommendation to the Board, which will consider appropriate action, which may include review of, and appropriate modifications to,
applicable policies and procedures, notification to appropriate personnel or to the board of directors of the Service Provider or the
investment adviser, or a recommendation to dismiss the Covered Officer from the Trusts;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the Committee will be responsible for granting waivers, as appropriate; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• any changes to or waivers or implicit waivers of this Code will, to the extent
required, be disclosed as provided by SEC rules.

<sup>2</sup> Item 2 of Form N-CSR defines "waiver" as "the approval by [a Trust] of a material departure from a provision of the code of ethics." An "implicit waiver" refers to a Trust's "failure to take action within a reasonable period of time regarding a material departure from a provision of the code of ethics that has been made known to an executive officer" of the Trust. Both waivers and implicit waivers must be disclosed.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**V.** **Other Policies and Procedures** 

This Code shall be the sole code of ethics adopted by the Trusts for purposes of Section 406 of the Sarbanes-Oxley Act of 2002 and the rules and forms applicable to registered investment companies thereunder. The Covered Officers may also be subject to other policies or procedures of the Trusts, the Trusts' investment adviser, subadvisers, principal underwriter, or other service providers, which govern or purport to govern the Covered Officers' behavior or activities, including, but not limited to, codes of ethics under Rule 17j-1 under the Investment Company Act or Rule 204A-1 under the Investment Adviser Act. To the fullest extent permitted by applicable law or regulation, it is intended that this Code, and each other such applicable policy or procedure, will apply separately, by its own terms, and will not interfere with or supersede any other policies or procedures. In the event of any direct conflict between this Code and any other applicable policy or procedure, the Covered Officers shall consult with the Chief Compliance Officer to remedy the conflict.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**VI.** **Amendments** 

Any material amendments or attachments to this Code, other than amendments to Exhibit A, must be approved or ratified by a majority vote of the Board, including a majority of the independent Trustees.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**VII.** **Confidentiality** 

All reports and records prepared or maintained pursuant to this Code will be considered confidential and shall be maintained and protected accordingly. Except as otherwise required by law or this Code, such matters shall not be disclosed to anyone other than the appropriate Board and its counsel, the investment adviser and the respective Service Providers.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**VIII.** **Internal Use** 

This Code is intended solely for the internal use by the Trusts and does not constitute an admission, by or on behalf of any Trust, as to any fact, circumstance, or legal conclusion.

Date: rev. Feb. 2020

**EXHIBIT A**

Persons Covered by this Code of Ethics – As of Nov. 2024

**<u>VA Trusts:</u>**

Principal Executive Officer and President – Brian Muench

Principal Financial Officer and Treasurer – Monique Labbe

**<u>ETF Trust:</u>**

Principal Executive Officer and President – Brian Muench

Principal Financial Officer and Treasurer – Monique Labbe

**ANNUAL CERTIFICATION OF COMPLIANCE** 

**WITH THE**

**CODE OF ETHICS FOR PRINCIPAL EXECUTIVE AND** 

**PRINCIPAL FINANCIAL OFFICERS**

I hereby certify that I have received the Code of Ethics for Principal Executive and Principal Financial Officers adopted pursuant to the Sarbanes-Oxley Act of 2002 (the "Code") and that I have read and understood the Code. I further certify that I am subject to the Code and have complied with each of the Code's provisions to which I am subject.

---

| |
|:---|
| /s/ Monique Labbe |
| (Signature) |
| Name: Monique Labbe |
| Title: Treasurer/PFO |
| Date: January 8, 2025 |

---

**ANNUAL CERTIFICATION OF COMPLIANCE** 

**WITH THE**

**CODE OF ETHICS FOR PRINCIPAL EXECUTIVE AND** 

**PRINCIPAL FINANCIAL OFFICERS**

I hereby certify that I have received the Code of Ethics for Principal Executive and Principal Financial Officers adopted pursuant to the Sarbanes-Oxley Act of 2002 (the "Code") and that I have read and understood the Code. I further certify that I am subject to the Code and have complied with each of the Code's provisions to which I am subject.

---

| |
|:---|
| /s/ Brian Muench |
| (Signature) |
| Name: Brian Muench |
| Title: Principal Executive Officer |
| Date: January 8, 2025 |

---

## Ex-99.(A)(3)

**Exhibit 19(a)(2)**

**CERTIFICATION PURSUANT TO RULE 30A-2(A) UNDER THE 1940 ACT**

**AND SECTION 302 OF THE SARBANES-OXLEY ACT**

I, Monique Labbe, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;1. I
 have reviewed this report on Form N-CSR of AllianzIM U.S. Equity Buffer10 Jan ETF, AllianzIM
 U.S. Equity Buffer10 Feb ETF, AllianzIM U.S. Equity Buffer10 Mar ETF, AllianzIM U.S.
 Equity Buffer10 Apr ETF, AllianzIM U.S. Equity Buffer10 May ETF, AllianzIM U.S. Equity Buffer10 Jun ETF, AllianzIM U.S. Equity Buffer10 Jul ETF, AllianzIM U.S. Equity
 Buffer10 Aug ETF, AllianzIM U.S. Equity Buffer10 Sep ETF, AllianzIM U.S. Equity Buffer10
 Oct ETF, AllianzIM U.S. Equity Buffer10 Nov ETF, AllianzIM U.S. Equity Buffer10 Dec
 ETF, AllianzIM U.S. Equity Buffer20 Jan ETF, AllianzIM U.S. Equity Buffer20 Feb ETF,
 AllianzIM U.S. Equity Buffer20 Mar ETF, AllianzIM U.S. Equity Buffer20 Apr ETF, AllianzIM
 U.S. Equity Buffer20 May ETF, AllianzIM U.S. Equity Buffer20 Jun ETF, AllianzIM U.S.
 Equity Buffer20 Jul ETF, AllianzIM U.S. Equity Buffer20 Aug ETF, AllianzIM U.S. Equity Buffer20 Sep ETF, AllianzIM U.S. Equity Buffer20 Oct ETF, AllianzIM U.S. Equity
 Buffer20 Nov ETF, AllianzIM U.S. Equity Buffer20 Dec ETF, AllianzIM U.S. Equity Buffer15
 Uncapped Jan ETF, AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF, AllianzIM U.S. Equity
 Buffer15 Uncapped Mar ETF, AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF, AllianzIM U.S.
 Equity Buffer15 Uncapped May ETF, AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF, AllianzIM
 U.S. Equity Buffer15 Uncapped Jul ETF, AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF, AllianzIM
 U.S. Equity Buffer15 Uncapped Sep ETF, AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF, AllianzIM
 U.S. Equity Buffer15 Uncapped Nov ETF, AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF, AllianzIM
 U.S. Equity 6 Month Buffer10 Jan/Jul ETF, AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug
 ETF, AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF, AllianzIM U.S. Equity 6 Month
 Buffer10 Apr/Oct ETF, AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF, AllianzIM U.S.
 Equity 6 Month Buffer10 Jun/Dec ETF, AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF,
 AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF, AllianzIM U.S. Equity Buffer15 ETF, AllianzIM
 U.S. Equity Buffer100 Protection ETF, AllianzIM Buffer20 Allocation ETF, AllianzIM Buffer15
 Uncapped Allocation ETF and AllianzIM 6 Month Buffer10 Allocation ETF;

&nbsp;&nbsp;&nbsp;&nbsp;2. Based
 on my knowledge, this report does not contain any untrue statement of a material fact or
 omit to state a material fact necessary to make the statements made, in light of the circumstances
 under which such statements were made, not misleading with respect to the period covered
 by this report;

&nbsp;&nbsp;&nbsp;&nbsp;3. Based
 on my knowledge, the financial statements, and other financial information included in this
 report fairly present in all material respects the financial condition, results of operations,
 changes in net assets, and cash flows (if the financial statements are required to include
 a statement of cash flows) of the registrant as of, and for, the periods presented in this
 report;

&nbsp;&nbsp;&nbsp;&nbsp;4. The
 registrant's other certifying officer(s) and I are responsible for establishing and maintaining
 disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company
 Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under
 the Investment Company Act of 1940) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Designed
 such disclosure controls and procedures, or caused such disclosure controls and procedures
 to be designed under our supervision, to ensure that material information relating to the
 registrant, including its consolidated subsidiaries, is made known to us by others within
 those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Designed
 such internal control over financial reporting, or caused such internal control over financial
 reporting to be designed under our supervision, to provide reasonable assurance regarding
 the reliability of financial reporting and the preparation of financial statements for external
 purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Evaluated
 the effectiveness of the registrant's disclosure controls and procedures and presented in
 this report our conclusions about the effectiveness of the disclosure controls and procedures,
 as of a date within 90 days prior to the filing date of this report based on such evaluation;
 and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Disclosed
 in this report any change in the registrant's internal control over financial reporting that
 occurred during the period covered by this report that has materially affected, or is reasonably
 likely to materially affect, the registrant's internal control over financial reporting.

&nbsp;&nbsp;&nbsp;&nbsp;5. The
 registrant's other certifying officer(s) and I have disclosed to the registrant's auditors
 and the audit committee of the registrant's board of directors (or persons performing the
 equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) All
 significant deficiencies and material weaknesses in the design or operation of internal control
 over financial reporting which are reasonably likely to adversely affect the registrant's
 ability to record, process, summarize, and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Any
 fraud, whether or not material, that involves management or other employees who have a significant
 role in the internal control over financial reporting.

---

| | |
|:---|:---|
| Date: December 29, 2025 | /s/ Monique Labbe |
|  | Monique Labbe, Treasurer |
|  | (Principal Financial Officer) |

---

**CERTIFICATION PURSUANT TO RULE 30A-2(A) UNDER THE 1940 ACT**

**AND SECTION 302 OF THE SARBANES-OXLEY ACT**

I, Brian Muench, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;1. I
 have reviewed this report on Form N-CSR of AllianzIM U.S. Equity Buffer10 Jan ETF, AllianzIM
 U.S. Equity Buffer10 Feb ETF, AllianzIM U.S. Equity Buffer10 Mar ETF, AllianzIM U.S.
 Equity Buffer10 Apr ETF, AllianzIM U.S. Equity Buffer10 May ETF, AllianzIM U.S. Equity Buffer10 Jun ETF, AllianzIM U.S. Equity Buffer10 Jul ETF, AllianzIM U.S. Equity
 Buffer10 Aug ETF, AllianzIM U.S. Equity Buffer10 Sep ETF, AllianzIM U.S. Equity Buffer10
 Oct ETF, AllianzIM U.S. Equity Buffer10 Nov ETF, AllianzIM U.S. Equity Buffer10 Dec
 ETF, AllianzIM U.S. Equity Buffer20 Jan ETF, AllianzIM U.S. Equity Buffer20 Feb ETF,
 AllianzIM U.S. Equity Buffer20 Mar ETF, AllianzIM U.S. Equity Buffer20 Apr ETF, AllianzIM
 U.S. Equity Buffer20 May ETF, AllianzIM U.S. Equity Buffer20 Jun ETF, AllianzIM U.S.
 Equity Buffer20 Jul ETF, AllianzIM U.S. Equity Buffer20 Aug ETF, AllianzIM U.S. Equity Buffer20 Sep ETF, AllianzIM U.S. Equity Buffer20 Oct ETF, AllianzIM U.S. Equity
 Buffer20 Nov ETF, AllianzIM U.S. Equity Buffer20 Dec ETF, AllianzIM U.S. Equity Buffer15
 Uncapped Jan ETF, AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF, AllianzIM U.S. Equity
 Buffer15 Uncapped Mar ETF, AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF, AllianzIM U.S.
 Equity Buffer15 Uncapped May ETF, AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF, AllianzIM
 U.S. Equity Buffer15 Uncapped Jul ETF, AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF, AllianzIM
 U.S. Equity Buffer15 Uncapped Sep ETF, AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF, AllianzIM
 U.S. Equity Buffer15 Uncapped Nov ETF, AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF, AllianzIM
 U.S. Equity 6 Month Buffer10 Jan/Jul ETF, AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug
 ETF, AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF, AllianzIM U.S. Equity 6 Month
 Buffer10 Apr/Oct ETF, AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF, AllianzIM U.S.
 Equity 6 Month Buffer10 Jun/Dec ETF, AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF,
 AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF, AllianzIM U.S. Equity Buffer15 ETF, AllianzIM
 U.S. Equity Buffer100 Protection ETF, AllianzIM Buffer20 Allocation ETF, AllianzIM Buffer15
 Uncapped Allocation ETF and AllianzIM 6 Month Buffer10 Allocation ETF;

&nbsp;&nbsp;&nbsp;&nbsp;2. Based
 on my knowledge, this report does not contain any untrue statement of a material fact or
 omit to state a material fact necessary to make the statements made, in light of the circumstances
 under which such statements were made, not misleading with respect to the period covered
 by this report;

&nbsp;&nbsp;&nbsp;&nbsp;3. Based
 on my knowledge, the financial statements, and other financial information included in this
 report fairly present in all material respects the financial condition, results of operations,
 changes in net assets, and cash flows (if the financial statements are required to include
 a statement of cash flows) of the registrant as of, and for, the periods presented in this
 report;

&nbsp;&nbsp;&nbsp;&nbsp;4. The
 registrant's other certifying officer(s) and I are responsible for establishing and maintaining
 disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company
 Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under
 the Investment Company Act of 1940) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Designed
 such disclosure controls and procedures, or caused such disclosure controls and procedures
 to be designed under our supervision, to ensure that material information relating to the
 registrant, including its consolidated subsidiaries, is made known to us by others within
 those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Designed
 such internal control over financial reporting, or caused such internal control over financial
 reporting to be designed under our supervision, to provide reasonable assurance regarding
 the reliability of financial reporting and the preparation of financial statements for external
 purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Evaluated
 the effectiveness of the registrant's disclosure controls and procedures and presented in
 this report our conclusions about the effectiveness of the disclosure controls and procedures,
 as of a date within 90 days prior to the filing date of this report based on such evaluation;
 and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Disclosed
 in this report any change in the registrant's internal control over financial reporting that
 occurred during the period covered by this report that has materially affected, or is reasonably
 likely to materially affect, the registrant's internal control over financial reporting.

&nbsp;&nbsp;&nbsp;&nbsp;5. The
 registrant's other certifying officer(s) and I have disclosed to the registrant's auditors
 and the audit committee of the registrant's board of directors (or persons performing the
 equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) All
 significant deficiencies and material weaknesses in the design or operation of internal control
 over financial reporting which are reasonably likely to adversely affect the registrant's
 ability to record, process, summarize, and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Any
 fraud, whether or not material, that involves management or other employees who have a significant
 role in the internal control over financial reporting.

---

| | |
|:---|:---|
| Date: December 29, 2025 | /s/ Brian Muench |
|  | Brian Muench, President |
|  | (Principal Executive Officer) |

---

## Ex-99.(B)

**Exhibit 19(b)**

CERTIFICATION PURSUANT TO RULE 30A-2(B) UNDER THE 1940 ACT AND SECTION 906 OF THE SARBANES-OXLEY ACT

I, Monique Labbe**,** Treasurer (Principal Financial Officer) of AIM ETF Products Trust (the "Registrant"), certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to my knowledge:

1. The Form N-CSR of the Registrant on behalf of AllianzIM U.S. Equity Buffer10 Jan ETF, AllianzIM U.S. Equity Buffer10 Feb ETF, AllianzIM U.S. Equity Buffer10 Mar ETF, AllianzIM U.S. Equity Buffer10 Apr ETF, AllianzIM U.S. Equity Buffer10 May ETF, AllianzIM U.S. Equity Buffer10 Jun ETF, AllianzIM U.S. Equity Buffer10 Jul ETF, AllianzIM U.S. Equity Buffer10 Aug ETF, AllianzIM U.S. Equity Buffer10 Sep ETF, AllianzIM U.S. Equity Buffer10 Oct ETF, AllianzIM U.S. Equity Buffer10 Nov ETF, AllianzIM U.S. Equity Buffer10 Dec ETF, AllianzIM U.S. Equity Buffer20 Jan ETF, AllianzIM U.S. Equity Buffer20 Feb ETF, AllianzIM U.S. Equity Buffer20 Mar ETF, AllianzIM U.S. Equity Buffer20 Apr ETF, AllianzIM U.S. Equity Buffer20 May ETF, AllianzIM U.S. Equity Buffer20 Jun ETF, AllianzIM U.S. Equity Buffer20 Jul ETF, AllianzIM U.S. Equity Buffer20 Aug ETF, AllianzIM U.S. Equity Buffer20 Sep ETF, AllianzIM U.S. Equity Buffer20 Oct ETF, AllianzIM U.S. Equity Buffer20 Nov ETF, AllianzIM U.S. Equity Buffer20 Dec ETF, AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF, AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF, AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF, AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF, AllianzIM U.S. Equity Buffer15 Uncapped May ETF, AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF, AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF, AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF, AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF, AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF, AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF, AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF, AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF, AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF, AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF, AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF, AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF, AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF, AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF, AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF, AllianzIM U.S. Equity Buffer15 ETF, AllianzIM U.S. Equity Buffer100 Protection ETF, AllianzIM Buffer20 Allocation ETF, AllianzIM Buffer15 Uncapped Allocation ETF, and AllianzIM 6 Month Buffer10 Allocation ETF for the annual period ended October 31, 2025 (the "Report") fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Registrant.

---

| | |
|:---|:---|
| Date: December 29, 2025 | /s/ Monique Labbe |
|  | Monique Labbe, Treasurer |
|  | (Principal Financial Officer) |

---

CERTIFICATION PURSUANT TO RULE 30A-2(B) UNDER THE 1940 ACT AND SECTION 906 OF THE SARBANES-OXLEY ACT

I, Brian Muench**,** President (Principal Executive Officer) of AIM ETF Products Trust (the "Registrant"), certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to my knowledge:

1. The Form N-CSR of the Registrant on behalf of AllianzIM U.S. Equity Buffer10 Jan ETF, AllianzIM U.S. Equity Buffer10 Feb ETF, AllianzIM U.S. Equity Buffer10 Mar ETF, AllianzIM U.S. Equity Buffer10 Apr ETF, AllianzIM U.S. Equity Buffer10 May ETF, AllianzIM U.S. Equity Buffer10 Jun ETF, AllianzIM U.S. Equity Buffer10 Jul ETF, AllianzIM U.S. Equity Buffer10 Aug ETF, AllianzIM U.S. Equity Buffer10 Sep ETF, AllianzIM U.S. Equity Buffer10 Oct ETF, AllianzIM U.S. Equity Buffer10 Nov ETF, AllianzIM U.S. Equity Buffer10 Dec ETF, AllianzIM U.S. Equity Buffer20 Jan ETF, AllianzIM U.S. Equity Buffer20 Feb ETF, AllianzIM U.S. Equity Buffer20 Mar ETF, AllianzIM U.S. Equity Buffer20 Apr ETF, AllianzIM U.S. Equity Buffer20 May ETF, AllianzIM U.S. Equity Buffer20 Jun ETF, AllianzIM U.S. Equity Buffer20 Jul ETF, AllianzIM U.S. Equity Buffer20 Aug ETF, AllianzIM U.S. Equity Buffer20 Sep ETF, AllianzIM U.S. Equity Buffer20 Oct ETF, AllianzIM U.S. Equity Buffer20 Nov ETF, AllianzIM U.S. Equity Buffer20 Dec ETF, AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF, AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF, AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF, AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF, AllianzIM U.S. Equity Buffer15 Uncapped May ETF, AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF, AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF, AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF, AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF, AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF, AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF, AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF, AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF, AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF, AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF, AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF, AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF, AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF, AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF, AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF, AllianzIM U.S. Equity Buffer15 ETF, AllianzIM U.S. Equity Buffer100 Protection ETF, AllianzIM Buffer20 Allocation ETF, AllianzIM Buffer15 Uncapped Allocation ETF, and AllianzIM 6 Month Buffer10 Allocation ETF for the annual period ended October 31, 2025 (the "Report") fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Registrant.

---

| | |
|:---|:---|
| Date: December 29, 2025 | /s/ Brian Muench |
|  | Brian Muench, President |
|  | (Principal Executive Officer) |

---