iShares Large Cap Max Buffer Dec ETF (DMAX)

Assets	$139.70M
Expense Ratio	0.50%
PE Ratio	n/a
Shares Out	5.24M
Dividend (ttm)	$0.31
Dividend Yield	1.17%
Ex-Dividend Date	Dec 23, 2025
Payout Frequency	n/a
Payout Ratio	n/a

Volume	17,333
Open	26.80
Previous Close	26.80
Day's Range	26.76 - 26.81
52-Week Low	24.37
52-Week High	26.95
Beta	n/a
Holdings	7
Inception Date	Dec 31, 2024

About DMAX

Fund Home Page

The iShares Large Cap Max Buffer Dec ETF (DMAX) is an exchange-traded fund that mostly invests in downside hedge alternatives. The fund 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. DMAX was launched on Dec 31, 2024 and is issued by BlackRock.

• Asset Class: Alternatives
• Region: North America
• Stock Exchange: BATS
• Ticker Symbol: DMAX
• ETF Provider: BlackRock

Top Holdings

Name	Symbol	Weight
iShares Core S&P 500 ETF	IVV	98.84%
JAN27 IVV US P @ 684.94	IVV.US FLEX	5.23%
BLK CSH FND TREASURY SL AGENCY	XTSLA	0.68%
CASH COLLATERAL USD GSCFT	GSCFT	0.15%
MICRO EMINI S&P 500 MAR 26	HWAH6	0.00%
USD CASH	USD	-0.03%
JAN27 IVV US C @ 731.52	IVV.US FLEX	-4.87%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 23, 2025	$0.31468	Dec 29, 2025

Performance

DMAX had a total return of 7.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.24%.