iShares Large Cap Max Buffer Mar ETF (MMAX) price, chart and fund profile

Price chart

Fund profile

MMAX seeks to track the price return of the iShares Core S&P 500 ETF (IVV) up to a cap, with 100% downside hedge over a one-year outcome period. The actively managed fund obtains exposure by holding IVV shares and options.

Issuer

BlackRock Fund Advisors

Industry

—

Inception

Mar 31, 2025

Assets under management

$73.4M

Expense ratio

0.50%

Net asset value

$27.37

NAV as of

Aug 28, 2026

Distributions

Annually

Leverage

1×

Fund page

www.ishares.com↗

• What is iShares Large Cap Max Buffer Mar ETF (MMAX)?

  MMAX seeks to track the price return of the iShares Core S&P 500 ETF (IVV) up to a cap, with 100% downside hedge over a one-year outcome period. The actively managed fund obtains exposure by holding IVV shares and options.

• What is MMAX's expense ratio?

  iShares Large Cap Max Buffer Mar ETF charges an annual expense ratio of 0.50%. The fund is issued by BlackRock Fund Advisors.

• How large is MMAX?

  iShares Large Cap Max Buffer Mar ETF manages $73.4M in assets and has traded since Mar 31, 2025.

• How do I buy shares of iShares Large Cap Max Buffer Mar ETF (MMAX)?

  MMAX trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web dashboard at portal.lighthorse.io, the trading API, or an AI agent connected over MCP. The trade panel on this page places the order once you are signed in.