iShares Large Cap Max Buffer Dec ETF (DMAX)

Assets	n/a
Expense Ratio	0.50%
PE Ratio	n/a
Shares Out	5.00M
Dividend (ttm)	$0.31
Dividend Yield	1.16%
Ex-Dividend Date	Dec 23, 2025
Payout Frequency	n/a
Payout Ratio	n/a

Volume	8,910
Open	27.27
Previous Close	27.24
Day's Range	27.24 - 27.27
52-Week Low	25.23
52-Week High	27.29
Beta	n/a
Holdings	8
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	104.70%
Cash Offset	n/a	86.93%
BlackRock Cash Funds Treasury SL Agency	XTSLA	0.59%
CASH COLLATERAL USD GSCFT	n/a	0.12%
Micro E-mini S&P 500 Index Future June 26	n/a	0.00%
USD CASH	n/a	-0.02%
Option On Ishares Core S&P 500 Etf Jan27	n/a	-25.30%
Option On Ishares Core S&P 500 Etf Jan27	n/a	-67.01%

Dividend History

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

Performance

DMAX had a total return of 8.75% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.99%.