TENDIshares Large Cap 10% Target Buffer Dec ETF
Seeks to track the share price return of the iShares Core S&P 500 ETF with downside protection against the first 10% of losses over a 12-month period.
By iShares · Launched 2025
0.50%
#2,668 of 5,861 · average
$64M
#3,409 of 5,861 · mid-size
—
10 months
#4,741 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 9 holdings = 100.0% of fundconcentrated
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsWorst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks to track the share price return of the iShares Core S&P 500 ETF with downside protection against the first 10% of losses over a 12-month period.
- Strategy
- Seeks to provide returns linked to the iShares Core S&P 500 ETF while offering downside protection against the first 10% of losses through options strategies. Targets large-capitalization U.S. equities and aims for pre-determined outcomes over each Outcome Period.
- Inception date
- October 8, 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 2026-08-04