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MAXJiShares Large Cap Max Buffer Jun ETF

Take a bet2y track recordRanked #121 of 949 in this goal

Tracks the share price return of the iShares Core S&P 500 ETF with downside protection over a 12-month period.

By iShares · Launched 2024

Annual Cost

0.50%

#2,660 of 5,854 · average

Fund Size

$136M

#2,705 of 5,854 · mid-size

Return (1Y)Goal

+6.7%

Track Record

2 years

#3,568 of 5,854 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$10,685+6.8%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Structured outcome

Index tracked

S&P 500 Index

What it actually holds

By weight

Concentration

Top 5 holdings = 100.0% of fundconcentrated

ISHARES TRUST
107.7%
BLACKROCK CASH FUNDS
1.3%
SUSQUEHANNA FINANCIAL GROUP, LLLP
0.3%
CHICAGO MERCANTILE EXCHANGEMESM6
0.1%
SUSQUEHANNA FINANCIAL GROUP, LLLP
-9.4%

Asset allocation

Cash
81.8%
Stocks
18.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
2.3%Low

Year-on-year price swings

Max drawdown
-6.3%Mild

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

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 over a 12-month period.
Strategy
Seeks to track the share price return of the iShares Core S&P 500 ETF while providing an Approximate Buffer against losses and an Approximate Cap on returns. Invests primarily in securities of large-capitalization companies to achieve these outcomes.
Inception date
June 28, 2024
Fund family
iShares

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Buffer
Warning

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