IVVM

iShares Large Cap Moderate Quarterly Laddered ETF

$34.48
+0.00%
Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The iShares Large Cap Moderate Buffer ETF (IVVM) seeks to provide investors with moderate downside protection while participating in the upside potential of large-cap U.S. stocks.

Overview

ETF tracking iShares Large Cap Moderate Quarterly Laddered ETF

Category Large Cap
Issuer BlackRock
Inception Date 2023-06-30
Market Cap $122.7M
Average Volume N/A
Dividend Yield 0.55%
52-Week Range $27.92 - $34.76
VWAP $34.51

Performance

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Investment Summary

📎 Investment Objective

The iShares Large Cap Moderate Buffer ETF (IVVM) seeks to provide investors with moderate downside protection while participating in the upside potential of large-cap U.S. stocks.

🎯 Investment Strategy

IVVM aims to achieve its objective by investing in a portfolio of large-cap U.S. stocks and using options strategies to provide a buffer against losses of up to 15% over a one-year period. The fund's managers use a rules-based approach to dynamically adjust the options exposure to maintain the desired level of downside protection.

✨ Key Features

  • Moderate downside buffer of up to 15% over a one-year period
  • Exposure to large-cap U.S. stocks for potential upside participation
  • Actively managed options strategy to manage the buffer level
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk: The fund's performance is tied to the performance of the large-cap U.S. stock market, which can be volatile
  • Option strategy risk: The options used to provide the downside buffer may not perform as expected, leading to losses
  • Liquidity risk: The fund may have difficulty trading certain options or stocks, especially in times of market stress
  • Tracking error risk: The fund's performance may deviate from the performance of the large-cap U.S. stock market due to the options strategy

👤 Best For

IVVM may be suitable for investors seeking moderate downside protection while maintaining exposure to the growth potential of large-cap U.S. stocks. It could be a useful component of a diversified portfolio, particularly for investors with a moderate risk tolerance who are concerned about potential market downturns.