IVVB
iShares Large Cap Deep Buffer ETF
IVVB seeks to participate in the price movement of US large-cap stocks, up to a cap, while applying a downside hedge against declines occurring in the range of 5-20%, during a calendar quarter. The actively managed fund holds a bundle of iShares Core S&P 500 ETF flex options.
Risk Management
DERIVATIVES
Active
MANAGEMENT STYLE
136.7 M
ASSETS UNDER MGMT
50 bp
EXPENSES
Fund Basics
| Fund sponsor | |
| Category | Risk Management |
| Asset class | Derivatives |
| Website | link... |
| Inception date | Jun 28, 2023 |
| Assets (mns) | $130 |
| Expense ratio | 50 bp |
Fund Structure
| Regulation | |
| Distributions | |
| Taxation | 1099 |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Asset Allocation
Historical Performance
Standardized Performance (as of 11/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 12.7% | -- | -- | -- | -- | -- | 12.7% | Volatility | 8.3% | 8.0% | -- | -- | -- | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.00 | 0% |
| MSCI EAFE | 0.00 | 0% |
| MSCI Emg Mkts | 0.00 | 0% |
Liquidity Measures
| Avg. volume (000) | 88 |
| Turnover | 0.0% |
| Avg. Bid/Ask (% of price) | 0.17% |
| ADV of underlying (mns) | $0 |
Technical Indicators
| Recent close | $31.07 |
| 30d moving avg. | $31.27 |
| Annualized volatility | 0.0% |
| Relative strength (RSI) | 54 |
| Short interest (ETF) | 1.7% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Expense Analysis
| Peer Group | Active Risk Management Derivatives ETFs |
| # of ETFs | 109 |
| Avg. Expense Ratio | 85.0 bp |
| Std. Deviation | 17 bp |
| IVVB (50 bp) Percentile rank | 3 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| IVVB | 50.0 | 17.4 | 67.4 |
| Peer Avg. | 84.7 | 26.0 | 110.7 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .