MMAX

iShares Large Cap Max Buffer Mar ETF

$26.26
+0.00%
Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The iShares Large Cap Max Buffer Mar ETF (MMAX) seeks to provide exposure to large-cap U.S. stocks with a buffer against downside risk during the month of March.

Overview

ETF tracking iShares Large Cap Max Buffer Mar ETF

Category Large Cap
Issuer BlackRock
Inception Date 2025-04-01
Market Cap $35.7M
Average Volume N/A
Dividend Yield N/A
52-Week Range $24.65 - $26.29
VWAP $26.24

Performance

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Investment Summary

📎 Investment Objective

The iShares Large Cap Max Buffer Mar ETF (MMAX) seeks to provide exposure to large-cap U.S. stocks with a buffer against downside risk during the month of March.

🎯 Investment Strategy

MMAX 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 10% during the month of March. The fund resets its buffer protection at the beginning of each March.

✨ Key Features

  • Provides exposure to large-cap U.S. stocks with a 10% buffer against losses during the month of March
  • Resets buffer protection at the start of each March
  • Designed to help manage downside risk during a historically volatile market period
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk: The fund's value may decrease due to general market conditions or factors affecting the large-cap U.S. stock market
  • Options risk: The fund's use of options strategies may not be successful in providing the intended buffer against losses
  • Liquidity risk: The fund may have difficulty buying or selling certain investments at an optimal time and price
  • Concentration risk: The fund's focus on large-cap U.S. stocks means it may be more vulnerable to factors affecting that segment of the market

👤 Best For

MMAX may be suitable for investors seeking large-cap U.S. equity exposure with some downside protection, particularly during the month of March. It could be a useful tool for investors looking to manage risk in their portfolios, but it is not a substitute for a diversified investment strategy.