DMAXiShares Large Cap Max Buffer Dec ETF
Tracks the share price return of the iShares Core S&P 500 ETF with downside protection.
By iShares · Launched 2024
0.50%
#2,667 of 5,861 · average
$137M
#2,703 of 5,861 · mid-size
+7.0%
1 year
#3,970 of 5,861 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 6 holdings = 100.0% of fundconcentrated
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Tracks the share price return of the iShares Core S&P 500 ETF with downside protection.
- Strategy
- Seeks to track the share price return of the iShares Core S&P 500 ETF while providing an Approximate Buffer against approximately 100% of the Underlying Fund's losses and an Approximate Cap on returns. Invests primarily in securities of large-capitalization companies to achieve these outcomes.
- Inception date
- December 31, 2024
- Fund family
- iShares
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
You can build this cheaper yourself
Defined-outcome funds cap your gains (often 8% to 20%) in exchange for cushioning losses by 9% to 30%, priced with options. The fee runs about 0.70% or more, against 0.03% to 0.10% for a plain index fund. For most investors, a simple stock-and-bond mix gives similar protection for far less.
Sources: Morningstar, 'Buffer Funds Are on the Rise, but They May Not Make Sense for Most Investors' (2025)
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-08-04