iSharesDefined OutcomeDMAX · Cboe BZX

iShares Large Cap Max Buffer Dec ETF (DMAX)

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Price: $27.73; —11 Sept 2026
Assets: $136.4M; Total net assets
Expense ratio: 0.50%; Category 0.76%
Yield: 0.87%; Trailing distributions

1Y return: 6.5%-3.8%; Category 10.2%
3Y CAGR: —; Category 12.7%
5Y CAGR: —; Category 8.8%

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iShares Large Cap Max Buffer Dec ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	+0.3%	+1.6%	+4.1%	+4.0%	+6.5%	—	—	—	+7.0%
Defined Outcome average	0.0%	2.2%	8.0%	7.3%	10.2%	12.7%	8.8%	—	9.0%
Difference	+0.3%	-0.6%	-4.0%	-3.4%	-3.8%	—	—	—	-2.1%

Holdings

The 2 largest positions make up 106.9% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
IVV	iShares Core S&P 500 ETF	106.22%
XTSLA	BlackRock Cash Funds Treasury SL Agency	0.65%

Portfolio valuation

Weighted averages of what the fund holds.

P/E: 24.7
P/B: 5.3
P/S: 3.7
P/CF: 19.0

Sector allocation

Share of the equity the fund holds.

Technology38.5%
Financial services12.1%
Communication services9.6%
Consumer discretionary9.4%
Health care9.3%
Industrials7.8%
Consumer staples4.5%
Energy3.4%
Utilities2.0%
Real estate1.8%
Materials1.7%

Asset mix

Cash89.2%
Stocks10.8%

ETF details

Issuer: iShares
Category: Alternatives · Defined Outcome
Ticker: DMAX
Exchange: Cboe BZX
Inception: 31 Dec 2024 (1.7 years)
Structure: Exchange Traded Fund
Expense ratio: 0.50% (category 0.76%)
Holdings turnover: 3% (category 4%)
Distribution yield: 0.87%
Beta, 3 years: 0.00
Total net assets: $136.4M

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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