MMAXiShares Large Cap Max Buffer Mar ETF
Tracks the share price return of the iShares Core S&P 500 ETF with downside protection over a 12-month period.
By iShares · Launched 2025
0.50%
#2,660 of 5,854 · average
$74M
#3,269 of 5,854 · mid-size
0.76%
1 year
#4,201 of 5,854 · 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 5 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 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 gains. Invests primarily in securities of large-capitalization companies to achieve these outcomes, maximizing downside protection against price declines in the U.S. equity market.
- Inception date
- March 31, 2025
- 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 2026-08-03