Form 497 AIM ETF Products Trust

AIM ETF Products Trust

(the “Trust”)

And the Trust’s series

AllianzIM U.S. Large Cap Buffer10 Apr ETF

AllianzIM U.S. Large Cap Buffer20 Apr ETF

AllianzIM U.S. Large Cap Buffer10 Jul ETF

AllianzIM U.S. Large Cap Buffer20 Jul ETF

(each a “Fund” and together the “Funds”)

Supplement, dated February 1, 2023

to each Fund’s Prospectus, dated February 1, 2023

This supplement updates certain information contained in each Fund’s prospectus

and should be attached to the prospectus and retained for future reference.

As described in each Fund’s prospectus, the current investment objective of each Fund is to seek to match, at the end of the current Outcome Period, the returns of the S&P 500^® Price Index, up to a specified upside Cap, while providing a Buffer against a specified level of S&P 500 Price Index losses.  At the end of each Fund’s respective current Outcome Period, each Fund will reset and commence a new Outcome Period, as shown below. Effective as of the commencement of the new Outcome Period shown below, the investment objective of each Fund will be revised to reflect that the Fund’s outcomes will be based on the share price returns of the SPDR^® S&P 500^® ETF Trust rather than on the returns of the S&P 500 Price Index.