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›ETF Providers›iShares›MMAX

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MMAX

US46438G4551

Active ETF Equity

MMAX ETF · iShares Large Cap Max Buffer Mar ETF

The MMAX Exchange Traded Fund (ETF) is provided by iShares. This fund is actively managed; it does not track an index. This share class generates a stream of income by distributing dividends.

Last update Today at 2:19 PM UTC

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CLOSED

This fund is part ofOptions Strategies1M perf.+5.30%

Last price

$26.94

+0.07%

1M perf.

+1.25%

1M flows

+€7.3M

AuM

€62M

TER

0.53%

Rating

Not rated

ESG Consensus®

MMAX

$26.94

+0.07%

Performance & flows

February 5, 2026 → May 5, 2026

Create a free account to view the flows graph

MMAX

$26.89

+2.24%

Historic performance and flows

	1M	3M	1Y	3Y	5Y	MTD	QTD	YTD
Perf.	+1.25%	+2.24%	+8.41%	N/A	N/A	+0.10%	+1.31%	+2.60%
Flows

Key fund info

This ETF's jurisdiction country is not in your region (Europe and Middle East) ·

Main characteristics

Issuer

iShares

CUSIP

46438G455

ISIN

US46438G4551

AuM

€62M

TER

0.53%

ESG Consensus®

More details

NAV

5/5/2026

$26.89

1D NAV change

+0.07%

Dividend policy

Distributing

No. of holdings

504

Inception date

4/4/2025

Jurisdiction

United States

Distribution

United States

Legal structure

Open-end Fund

Base currency

USD

Dividend distribution

Trailing 12-month distr. yield

Distribution frequency

Last distribution

Create a free account to view dividend distribution

Classification

Product type

Active ETF

Asset class

Equity

Factors

N/A

Investment strategy

The Fund seeks to track the share price return of the iShares Core S&P 500 ETF (the Underlying ETF) up to an approximate upside limit, while seeking to maximize the downside protection against price declines of the Underlying ETF over an approximate 12-month period beginning at the end of each March.

Tax optimisation

PEA

France

UK Reporting Status

United Kingdom

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Risk profile

Historical risk/return profile

	3M	1Y	3Y	5Y
Returns	+2.24%	+8.41%	N/A	N/A
Volatility
Perf./Volatility
Max drawdown

Create a free account to view risk/return table

Synthetic Risk and Reward Indicator (SRRI)

UCITS

N/A

PRIIPS

N/A

More exposure metrics are available, exclusively in Trackinsight Enterprise

Exposure

The MMAX ETF is actively managed, so it doesn't track an index. We're working to retrieve all detailed holding information.

To find out more about MMAX's exposure, please refer to the as provided by iShares.

More risk metrics are available, exclusively in Trackinsight Enterprise

Sustainability

Integrates ESG criteria

SDG

More sustainability metrics are available, exclusively in Trackinsight Enterprise

Issuer

iShares

iShares ID Card

Number of funds

1745

Total AuM

€5.23T

Expense ratio range

0.03% - 1.51%

Average expense ratio

0.284%

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Frequently asked questions about MMAX

What does iShares Large Cap Max Buffer Mar ETF, MMAX, invest in?

MMAX is a Active ETF. This ETF provides exposure to Large Cap US Equities.

What is the Total Expense ratio (TER) of MMAX?

MMAX carries a total expense ratio (TER) of 0.53%, indicating the annual cost for holding the fund.

When was MMAX launched?

MMAX was introduced to the market on April 4, 2025. It trades on United States

Who is the ETF issuer of MMAX?

iShares Large Cap Max Buffer Mar ETF, MMAX, is provided by iShares. Learn more about iShares here.

What is the current assets under management (AUM) of MMAX?

MMAX oversees €62M in assets as of May 5, 2026.

How has MMAX performed lately?

Based on data from May 5, 2026, MMAX returned 1.25% over the past month, 2.24% over the last three months and 2.60% year-to-date.

What are the latest inflows or outflows for MMAX?

As of May 5, 2026, MMAX recorded net flows of +€7.3M over the last month and +€32M year-to-date.

Does MMAX distribute dividends?

MMAX follows a distributing dividend policy, meaning it pays out income to investors. As of May 5, 2026, its 12-month trailing yield was 1.28%.

What are the main country or region exposures of MMAX?

As of March 31, 2026, MMAX has significant geographic allocations in USA and Ireland.

In which sector or theme does MMAX invest in?

As of March 31, 2026, MMAX focuses largely on Information Technology, Financials and Communication Services.

How many securities does MMAX hold and how diversified is it?

As of March 31, 2026, MMAX holds 504 positions in its portfolio, with 41.83% of assets concentrated in its top 15 holdings.

What are the main positions in MMAX?

As of March 31, 2026, MMAX top three holdings include NVIDIA, APPLE and MICROSOFT-T.

What is the base currency of MMAX?

The base currency of MMAX is USD.

About Trackinsight

Since our founding in 2016, we have been at the forefront of the industry, delivering accessible, comprehensive, and reliable tools to support the evolving needs of investors.

Over the past decade, Trackinsight has expanded its operations across six countries, serving thousands of professional investors. We’ve consistently innovated to provide cutting-edge solutions that meet the changing demands of the ETF market.

In 2024, Kepler Cheuvreux, a leading independent European financial services firm, acquired a majority stake in Trackinsight, becoming the company's principal shareholder.

This strategic partnership solidifies Trackinsight's position as a premier provider of ETF selection and analysis tools, while strengthening Kepler Cheuvreux’s commitment to becoming a leading player in the ETF sector.

Together, we are committed to offering advanced services that empower professional investors, advisors, institutions, and issuers. This new step enables us to deliver even more comprehensive and innovative technological solutions, driving ETF investing to new heights.

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Don’t Miss a Move in the ETF Market

MMAX ETF · iShares Large Cap Max Buffer Mar ETF

Performance & flows

Historic performance and flows

Monthly performance and flows

Trading and listing info

Key fund info

Essentials

Enterprise

Similar ETFs in your region

Risk profile

Historical risk/return profile

Exposure

Sustainability

Issuer

Frequently asked questions about MMAX

What does iShares Large Cap Max Buffer Mar ETF, MMAX, invest in?

MMAX is a Active ETF. This ETF provides exposure to Large Cap US Equities.

What is the Total Expense ratio (TER) of MMAX?

MMAX carries a total expense ratio (TER) of 0.53%, indicating the annual cost for holding the fund.

When was MMAX launched?

MMAX was introduced to the market on April 4, 2025. It trades on United States

Who is the ETF issuer of MMAX?

iShares Large Cap Max Buffer Mar ETF, MMAX, is provided by iShares. Learn more about iShares here.

What is the current assets under management (AUM) of MMAX?

MMAX oversees €62M in assets as of May 5, 2026.

How has MMAX performed lately?

Based on data from May 5, 2026, MMAX returned 1.25% over the past month, 2.24% over the last three months and 2.60% year-to-date.

What are the latest inflows or outflows for MMAX?

As of May 5, 2026, MMAX recorded net flows of +€7.3M over the last month and +€32M year-to-date.

Does MMAX distribute dividends?

MMAX follows a distributing dividend policy, meaning it pays out income to investors. As of May 5, 2026, its 12-month trailing yield was 1.28%.

What are the main country or region exposures of MMAX?

As of March 31, 2026, MMAX has significant geographic allocations in USA and Ireland.

In which sector or theme does MMAX invest in?

As of March 31, 2026, MMAX focuses largely on Information Technology, Financials and Communication Services.

How many securities does MMAX hold and how diversified is it?

As of March 31, 2026, MMAX holds 504 positions in its portfolio, with 41.83% of assets concentrated in its top 15 holdings.

What are the main positions in MMAX?

As of March 31, 2026, MMAX top three holdings include NVIDIA, APPLE and MICROSOFT-T.

What is the base currency of MMAX?

The base currency of MMAX is USD.

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