
iShares Trust - iShares Large Cap Max Buffer Jun ETF (MAXJ)
ETF overview
MAXJ utilizes a defined outcome strategy on the iShares Core S&P 500 ETF (IVV). It aims to provide long exposure to US large-cap stocks, up to an approximate upside limit, while fully hedging downside risk over a one-year period. The fund primarily invests in IVV and options, including FLEX and listed options that reference the underlying ETF. Though the fund typically seeks to hedge against approximately 100% of IVVs losses, this may be reduced to establish a minimum cap of 2%. The upside cap and downside buffer reset every year, at the end of each June. The specific defined outcome pursued may only be possible if an investor were to hold the shares for the entire outcome period. However, there is no guarantee the defined outcome of the strategy pursued will be realized by investors. The issuer publishes effective interim levels daily on its website. The targeted buffers and caps do not include the fund's expense ratio. At the time of launch, the issuer waived a portion of the fee.
Fund facts
- Expense ratio
- 0.53%
- Fund assets
- 164.63M USD (all share classes)
- Issuer
- iShares
- Inception date
- Jun 28, 2024
- Number of holdings
- 3
Breakdown
Holdings (3)
| Name | Ticker | Weight |
|---|---|---|
| ISHARES CORE S&P ETF TRUST | IVV | 99.98% |
| JUL27 IVV US P @ 748.89 | 3.33% | |
| JUL27 IVV US C @ 812.85 | -4.03% |
Similar ETFs
- iShares Large Cap Max Buffer Dec ETFDMAX · Overlap 100% · Expense ratio 0.53%
- iShares Large Cap Max Buffer Mar ETFMMAX · Overlap 100% · Expense ratio 0.53%
- iShares Trust - iShares Large Cap 10% Target Buffer Dec ETFTEND · Overlap 100% · Expense ratio 0.53%
- Defiance S&P 500 Target Income ETFSPYT · Overlap 100% · Expense ratio 0.92%
- Simplify Hedged Equity ETFHEQT · Overlap 100% · Expense ratio 0.53%
- iShares Large Cap Deep Quarterly Laddered ETFIVVB · Overlap 99% · Expense ratio 0.53%
- iShares Large Cap Moderate Quarterly Laddered ETFIVVM · Overlap 99% · Expense ratio 0.53%
- iShares Large Cap Max Buffer Sep ETFSMAX · Overlap 99% · Expense ratio 0.53%
Overlap is the share of assets the two funds hold in common.
Historical returns do not guarantee future returns. This is not investment advice.

iShares Trust - iShares Large Cap Max Buffer Jun ETF (MAXJ)
- Expense ratio
- 0.53%
- Fund assets
- 164.63M USD (all share classes)
- Issuer
- iShares
- Inception date
- Jun 28, 2024
- Number of holdings
- 3
| Name | Ticker | Weight |
|---|---|---|
| ISHARES CORE S&P ETF TRUST | IVV | 99.98% |
| JUL27 IVV US P @ 748.89 | 3.33% | |
| JUL27 IVV US C @ 812.85 | -4.03% |
MAXJ utilizes a defined outcome strategy on the iShares Core S&P 500 ETF (IVV). It aims to provide long exposure to US large-cap stocks, up to an approximate upside limit, while fully hedging downside risk over a one-year period. The fund primarily invests in IVV and options, including FLEX and listed options that reference the underlying ETF. Though the fund typically seeks to hedge against approximately 100% of IVVs losses, this may be reduced to establish a minimum cap of 2%. The upside cap and downside buffer reset every year, at the end of each June. The specific defined outcome pursued may only be possible if an investor were to hold the shares for the entire outcome period. However, there is no guarantee the defined outcome of the strategy pursued will be realized by investors. The issuer publishes effective interim levels daily on its website. The targeted buffers and caps do not include the fund's expense ratio. At the time of launch, the issuer waived a portion of the fee.
- iShares Large Cap Max Buffer Dec ETFDMAX · Overlap 100% · Expense ratio 0.53%
- iShares Large Cap Max Buffer Mar ETFMMAX · Overlap 100% · Expense ratio 0.53%
- iShares Trust - iShares Large Cap 10% Target Buffer Dec ETFTEND · Overlap 100% · Expense ratio 0.53%
- Defiance S&P 500 Target Income ETFSPYT · Overlap 100% · Expense ratio 0.92%
- Simplify Hedged Equity ETFHEQT · Overlap 100% · Expense ratio 0.53%
- iShares Large Cap Deep Quarterly Laddered ETFIVVB · Overlap 99% · Expense ratio 0.53%
- iShares Large Cap Moderate Quarterly Laddered ETFIVVM · Overlap 99% · Expense ratio 0.53%
- iShares Large Cap Max Buffer Sep ETFSMAX · Overlap 99% · Expense ratio 0.53%
Overlap is the share of assets the two funds hold in common.
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