iShares Large Cap Max Buffer Dec ETFDMAX

iSharesDefined OutcomeBuffer#263 of 318 by YTD

$27.73

−0.9% last session

+4.0% YTD

Data as of 11/5/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Dec 31, 2025 – Nov 5, 2026DMAXS&P 500 · VOODefined Outcome average

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	−0.9%	−0.6%	+0.4%	+4.0%	+5.6%	—	—	+12.1%
Peer average	−2.3%	+91.6%	−1.7%	+5.9%	+7.6%	+45.7%	+49.5%	—
S&P 500 · VOO	−4.4%	−5.7%	−4.9%	+8.4%	+9.8%	+82.2%	+71.6%	—

Key Statistics

Open all fund facts →

AUM: $129M
Expense ratio: 0.53%
Distribution yield: 1.1%
NAV: $27.98
Volume: 20K
Avg. volume 30D: 22K
High today: $27.96
Low today: $27.73
Previous close: $27.98
52-week high: $27.99
52-week low: $26.41
Our risk indicator: 3/5

DMAX in One Breath

DMAX Among Buffer ETFs

YTD

#1BAPRInnovator+12.0%$417M

#2RSSEFirst Trust+11.5%$34.8M

#3FMARFirst Trust+11.5%$1.2B

#4APRTAllianzIM+11.4%$47.4M

#5APRPPGIM+11.0%$37.4M

#6KAPRInnovator+10.9%$180M

#7RSJNFirst Trust+10.9%$86.2M

#8QMARFirst Trust+10.8%$615M

#243DMAXiShares+4.0%$129M

End-of-day Nov 6, 2026 · 289 Buffer ETFs by YTD

$10,000 in DMAX

$10,000 in DMAX became

$11,209

In the S&P 500 (VOO)

$12,804

Total return, dividends in · Jan 2, 2025 – Nov 5, 2026 · S&P 500 uses VOO

DMAX Returns by Period

Today

YTD

MAX

DMAX

−0.9%

−0.6%

+0.4%

+4.0%

+5.6%

—

+12.1%

Peer average

−2.3%

+91.6%

−1.7%

+5.9%

+7.6%

+45.7%

+49.5%

—

S&P 500 · VOO

−4.4%

−5.7%

−4.9%

+8.4%

+9.8%

+82.2%

+71.6%

—

End-of-day Nov 6, 2026 · total return, dividends in · peers = 372 Buffer ETFs

DMAX’s Defined Outcome Rank

YTD

#263of 318
defined outcome ETFs

Best · SIXH+14.7%

Average+5.8%

DMAX+4.0%

Worst · KBUF−16.8%

Defined Outcome ETFs by YTD return · Nov 6, 2026

DMAX Price and 52-Week Range

From the 52-week high

−0.9%

From the 52-week low

+5.0%

Today $27.73 – $27.96

Previous close $27.98

$27.73 now

52-week low$26.4152-week high$27.99

End-of-day Nov 6, 2026 · box = today’s range, dashed = previous close

DMAX’s Share of Buffer ETFs

Today

0.1%

of the $86.9B in 373 Buffer ETFs

DMAX$129M0.1%

BUFR$10.9B12.6%

BUFD$2.2B2.5%

370 others$73.7B84.7%

Buffer ETF AUM · Nov 6, 2026

DMAX Fee per $100 vs Peers

Today

$0.53a year
per $100

$53 a year on $10,000

BUFR$0.10

BUFD$0.10

BUFQ$0.10

DMAX$0.53

FJAN$0.85

FMAY$0.85

Expense ratio · Buffer peers · Nov 6, 2026

Inside DMAX

DMAX

iShares Large Cap Max Buffer Dec ETF

Today

DMAX reports no holdings we can show: […]

iShares DMAX · holdings

How It Compares

DMAX

iShares Large Cap Max Buffer Dec ETF’s Peers

YTD


BUFR	First TrustRead Desk	0.10%	+7.0%	+9.1%	$10.9B
BUFD	First TrustRead Desk	0.10%	+5.9%	+7.5%	$2.2B
BUFQ	First TrustRead Desk	0.10%	+5.1%	+7.0%	$1.7B
FJAN	First TrustRead Desk	0.85%	+10.1%	+12.4%	$1.5B
FMAY	First TrustRead Desk	0.85%	+4.6%	+6.6%	$1.5B
DMAX	iSharesThis fundRead Desk	0.53%	+4.0%	+5.6%	$129M

Buffer peers · YTD and past-year returns · as of Nov 6, 2026 · sorted by AUM

Head to Head

Put DMAX head to head with BUFR →

BUFR vs DMAX

YTD

BUFRFirst Trust · BufferDMAXiShares · Buffer

Year to date

+7.0%

+4.0%

BUFR wins+3.0 pts

Past year

+9.1%

+5.6%

BUFR wins+3.4 pts

Fee

0.10%

0.53%

BUFR winslower fee

Yield

0.0%

1.1%

DMAX wins+1.1 pts

AUM

$10.9B

$129M

BUFR85.0× more

3–1BUFR wins

First Trust BUFR and iShares DMAX · year-to-date · as of Nov 6, 2026 · AUM not scored

DMAX vs VOO

YTD

DMAX · iShares Large Cap Max Buffer Dec

+4.0%

VOO · S&P 500

+8.4%

Gap

4.4 pts

iShares DMAX and Vanguard VOO · YTD total return · as of Nov 6, 2026

DMAX vs Its Peer Average

YTD

DMAXAvsBPeer average

1D−0.9%−2.3%

1M−0.6%+91.6%

3M+0.4%−1.7%

YTD+4.0%+5.9%

1Y+5.6%+7.6%

3Y[…]+45.7%

5Y[…]+49.5%

2–3Peer average wins

372 Buffer peers · each row scaled to its leader

The Details

DMAX

Risk

3/5our risk indicator

CalmerBumpier

Volatility · 1Y2.31%

Deepest drop · 1Y−1.4%

Lowest point · 5Y−1.9%

52-week range

$27.73

$26.41−0.9% from the high$27.99

iShares DMAX · past-year price moves · as of Nov 6, 2026

DMAX

Fund Facts

Today

2024launched Dec 31

Tracks[…]

Exchange · CUSIPCBOE · 46438G471

StructureETF

Leverage1x

Cost on $10,000$53 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

iShares DMAX · fund facts · as of Nov 6, 2026

DMAX

Payouts by Year

$0.32per share, Dec 2025

Distribution yield1.1%

Paid[…]

Latest ex-date · paidDec 23 · Dec 29, 2025

1 payouts added up$0.32 a share

iShares DMAX · distributions by ex-date · 2025–2025

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

SEC reported portfolio · 2026-07-31 ↗SEC reported portfolio · 2026-04-30 ↗SEC reported portfolio · 2026-01-31 ↗SEC reported portfolio · 2025-10-31 ↗summary prospectus · SEC 497K ↗

Trading & Liquidity

Net asset value$27.98

Premium / discount[…]

Median spread · 30D[…]

Volume today20K

Average volume · 30D22K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.53%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$53.00

Our risk indicator3/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Dec 23, 2025	Dec 29, 2025	$0.32

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