iShares Large Cap Max Buffer Mar ETFMMAX

iSharesDefined OutcomeBuffer#270 of 318 by YTD

$27.63

+0.2% last session

+5.3% YTD

Data as of 11/4/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Dec 31, 2025 – Nov 4, 2026MMAXS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+0.2%	+0.4%	+1.3%	+5.3%	+6.6%	—	—	+11.5%
Peer average	+0.8%	+96.8%	+0.9%	+8.5%	+9.8%	+50.0%	+54.0%	—
S&P 500 · VOO	+1.6%	−1.6%	0.0%	+13.4%	+13.5%	+91.7%	+81.2%	—

Key Statistics

Open all fund facts →

AUM: $74M
Expense ratio: 0.53%
Distribution yield: 1.2%
NAV: $27.63
Volume: 780
Avg. volume 30D: 6K
High today: $27.63
Low today: $27.61
Previous close: $27.58
52-week high: $27.66
52-week low: $26.16
Our risk indicator: 3/5

MMAX in One Breath

MMAX Among Buffer ETFs

YTD

#1QMARFirst Trust+14.8%$615M

#2BAPRInnovator+14.7%$417M

#3PQAPPGIM+14.1%$31.8M

#4KAPRInnovator+13.9%$180M

#5KFEBInnovator+13.9%$41.1M

#6APRTAllianzIM+13.9%$47.4M

#7FMARFirst Trust+13.8%$1.2B

#8RSSEFirst Trust+13.6%$34.8M

#249MMAXiShares+5.3%$74.0M

End-of-day Nov 5, 2026 · 289 Buffer ETFs by YTD

$10,000 in MMAX

$10,000 in MMAX became

$11,155

In the S&P 500 (VOO)

$13,904

Total return, dividends in · Apr 1, 2025 – Nov 4, 2026 · S&P 500 uses VOO

MMAX Returns by Period

Today

YTD

MAX

MMAX

+0.2%

+0.4%

+1.3%

+5.3%

+6.6%

—

+11.5%

Peer average

+0.8%

+96.8%

+0.9%

+8.5%

+9.8%

+50.0%

+54.0%

—

S&P 500 · VOO

+1.6%

−1.6%

0.0%

+13.4%

+13.5%

+91.7%

+81.2%

—

End-of-day Nov 5, 2026 · total return, dividends in · peers = 372 Buffer ETFs

MMAX’s Defined Outcome Rank

YTD

#270of 318
defined outcome ETFs

Best · SIXH+18.4%

Average+8.3%

MMAX+5.3%

Worst · KBUF−17.1%

Defined Outcome ETFs by YTD return · Nov 5, 2026

MMAX Price and 52-Week Range

From the 52-week high

−0.1%

From the 52-week low

+5.6%

Today $27.61 – $27.63

Previous close $27.58

$27.63 now

52-week low$26.1652-week high$27.66

End-of-day Nov 5, 2026 · box = today’s range, dashed = previous close

MMAX’s Share of Buffer ETFs

Today

0.1%

of the $86.9B in 373 Buffer ETFs

MMAX$74.0M0.1%

BUFR$10.9B12.6%

BUFD$2.2B2.5%

370 others$73.7B84.8%

Buffer ETF AUM · Nov 5, 2026

MMAX 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

MMAX$0.53

FJAN$0.85

FMAY$0.85

Expense ratio · Buffer peers · Nov 5, 2026

Inside MMAX

MMAX

iShares Large Cap Max Buffer Mar ETF

Today

MMAX reports no holdings we can show: […]

iShares MMAX · holdings

How It Compares

MMAX

iShares Large Cap Max Buffer Mar ETF’s Peers


BUFR	First TrustRead Desk	0.10%	+11.8%	+10.3%	$10.9B
BUFD	First TrustRead Desk	0.10%	+9.8%	+8.4%	$2.2B
BUFQ	First TrustRead Desk	0.10%	+11.0%	+9.8%	$1.7B
FJAN	First TrustRead Desk	0.85%	+12.4%	+10.1%	$1.5B
FMAY	First TrustRead Desk	0.85%	+9.5%	+7.9%	$1.5B
MMAX	iSharesThis fundRead Desk	0.53%	+6.6%	+5.3%	$74M

Buffer peers · Past-year and ytd returns · as of Nov 5, 2026 · sorted by AUM

Head to Head

Put MMAX head to head with BUFR →

BUFR vs MMAX

YTD

BUFRFirst Trust · BufferMMAXiShares · Buffer

Year to date

+10.3%

+5.3%

BUFR wins+4.9 pts

Past year

+11.8%

+6.6%

BUFR wins+5.2 pts

Fee

0.10%

0.53%

BUFR winslower fee

Yield

0.0%

1.2%

MMAX wins+1.2 pts

AUM

$10.9B

$74.0M

BUFR147.8× more

3–1BUFR wins

First Trust BUFR and iShares MMAX · year-to-date · as of Nov 5, 2026 · AUM not scored

MMAX vs VOO

MMAX · iShares Large Cap Max Buffer Mar

+6.6%

VOO · S&P 500

+13.5%

Gap

6.9 pts

iShares MMAX and Vanguard VOO · 1Y total return · as of Nov 5, 2026

MMAX vs Its Peer Average

YTD

MMAXAvsBPeer average

1D+0.2%+0.8%

1M+0.4%+96.8%

3M+1.3%+0.9%

YTD+5.3%+8.5%

1Y+6.6%+9.8%

3Y[…]+50.0%

5Y[…]+54.0%

1–4Peer average wins

372 Buffer peers · each row scaled to its leader

The Details

MMAX

Risk

3/5our risk indicator

CalmerBumpier

Volatility · 1Y1.39%

Deepest drop · 1Y−0.5%

Lowest point · 5Y−1.7%

52-week range

$27.63

$26.16−0.1% from the high$27.66

iShares MMAX · past-year price moves · as of Nov 5, 2026

MMAX

Fund Facts

Today

2025launched Mar 31

Tracks[…]

Exchange · CUSIPCBOE · 46438G455

StructureETF

Leverage1x

Cost on $10,000$53 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

iShares MMAX · fund facts · as of Nov 5, 2026

MMAX

Payouts by Year

$0.34per share, Dec 2025

Distribution yield1.2%

Paid[…]

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

1 payouts added up$0.34 a share

iShares MMAX · 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$27.63

Premium / discount[…]

Median spread · 30D[…]

Volume today780

Average volume · 30D6K

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	$0.34

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