IVVMiShares Large Cap Moderate Quarterly Laddered ETF
Seeks to track the share price return of the iShares Core S&P 500 ETF while providing downside protection against approximately the first 5% of losses.
By BlackRock · Launched 2023
0.50%
#2,660 of 5,854 · average
$168M
#2,494 of 5,854 · mid-size
+13.2%
3 years
#2,985 of 5,854 · seasoned
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 10 holdings = 102.4% of fundconcentrated
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks to track the share price return of the iShares Core S&P 500 ETF while providing downside protection against approximately the first 5% of losses.
- Strategy
- Invests primarily in equity securities of large capitalization companies and seeks to track the share price return of the iShares Core S&P 500 ETF while providing downside protection against approximately the first 5% of Underlying ETF losses. Uses FLEX Options to manage downside risk and aims for a risk/return profile similar to the Underlying ETF.
- Inception date
- June 28, 2023
- Fund family
- BlackRock
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 2026-08-03