TENJishares Large Cap 10% Target Buffer Jun ETF
Tracks 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
$18M
#4,547 of 5,861 · small
—
10 months
#4,780 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+ yearsWorst 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 against the first 10% of losses over a 12-month period.
- Strategy
- Seeks to provide a capped return on the iShares Core S&P 500 ETF while offering downside protection against the first 10% of losses. The Fund invests primarily in large-capitalization securities and uses options to create the Approximate Buffer and Approximate Cap for each Outcome Period.
- Inception date
- October 21, 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