iShares Large Cap Max Buffer Sep ETF (SMAX)

BATS: SMAX · Real-Time Price · USD

28.15

+0.03 (0.11%)

Aug 7, 2026, 4:00 PM EDT - Market closed

0.11% (1D)

Assets	$89.08M
Expense Ratio	0.50%
PE Ratio	n/a
Shares Out	3.16M
Dividend (ttm)	$0.26
Dividend Yield	0.94%
Ex-Dividend Date	Dec 23, 2025
Payout Frequency	Annual
Payout Ratio	n/a

Volume	3,690
Open	28.14
Previous Close	28.12
Day's Range	28.14 - 28.15
52-Week Low	26.30
52-Week High	28.15
Beta	n/a
Holdings	7
Inception Date	Sep 30, 2024

About SMAX

Fund Home Page

The iShares Large Cap Max Buffer Sep ETF (SMAX) is an exchange-traded fund that is based on the S&P 500 index. 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 SMAX was launched on Sep 30, 2024 and is issued by BlackRock.

Asset Class Alternatives

Category Defined Outcome

Region North America

Stock Exchange BATS

Ticker Symbol SMAX

ETF Provider BlackRock

Index Tracked S&P 500

Top Holdings

Name	Symbol	Weight
iShares Core S&P 500 ETF	IVV	106.41%
BLK CSH FND TREASURY SL AGENCY	XTSLA	1.32%
OCT26 IVV US P @ 669.3	IVV.US FLEX	0.26%
CASH COLLATERAL USD GSCFT	GSCFT	0.12%
MICRO EMINI S&P 500 SEP 26	HWAU6	0.00%
USD CASH	USD	-0.04%
OCT26 IVV US C @ 721.51	IVV.US FLEX	-8.07%

View More Holdings

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 23, 2025	$0.26324	Dec 29, 2025
Dec 30, 2024	$0.06681	Jan 3, 2025

Full Dividend History

Performance

SMAX had a total return of 7.90% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.35%.