Key stats
About iShares Large Cap Moderate Buffer ETF
Home page
Inception date
Jun 28, 2023
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
ISIN
US0925287023
IVVM uses FLEX options exclusively based on the price movement of iShares Core S&P 500 ETF shares (ticker: IVV). This ETF aims to participate in the price movement up to a cap and potentially buffer the first 5% decline over each calendar quarter. Basically, in exchange for the 5% downside buffer, investors forgo some upside return. The actively managed portfolio consists of: (i) out-of-the-money FLEX options, (ii) zero strike call options, bought to provide the share price exposure, and (iii) put spread FLEX options which create the funds buffer. At each quarter end, the fund rebalances and resets the upside cap and buffer levels, based on IVVs share price at that time. Investors bear the entire negative impact of the ETF price returns once the buffer is breached. To get the intended results, the fund must be held for the entire period. Investors that purchase outside of the reset day may experience a different level of investment return.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.39%
Cash0.61%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
IVVM last dividends amounted to 0.00 USD. The year before, the issuer paid 0.01 USD in dividends, which shows a 372.25% decrease.
IVVM assets under management is 121.14 M USD. It's risen 5.22% over the last month.
IVVM fund flows account for 60.29 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, IVVM pays dividends to its holders with the dividend yield of 0.53%. The last dividend (Jan 3, 2025) amounted to 0.19 USD. The dividends are paid annually.
IVVM shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Jun 28, 2023, and its management style is Active.
IVVM expense ratio is 0.50% meaning you'd have to pay 0.50% of your investment to help manage the fund.
IVVM follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
IVVM invests in funds.
IVVM price has risen by 1.89% over the last month, and its yearly performance shows a 13.14% increase. See more dynamics on IVVM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.82% over the last month, showed a 5.13% increase in three-month performance and has increased by 13.76% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.82% over the last month, showed a 5.13% increase in three-month performance and has increased by 13.76% in a year.
IVVM trades at a premium (0.11%) meaning the ETF is trading at a higher price than the calculated NAV.