SMAX Performance — iShares Large Cap Max Buffer Sep ETF
Data updated: 2026-10-13
SMAX returned +4.32% year to date and +7.52% over one year to Jul 2026. Over one year the fund trailed its US Large Blend category average: $100 grew to $108, against $116 for the category. Volatility over the past 12 months was 2.94% a year. In the 12 months to Jul 2026 the fund lost a net $3.7M, and assets reached $88.64M.
SMAX Growth of $100
What $100 invested in iShares Large Cap Max Buffer Sep ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | SMAX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $108 | $116 |
| Since data start (Oct 2024 – Jul 2026) | $114 | $126 |
SMAX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +4.32% |
| 1 year | +7.52% |
SMAX Annual Returns
Calendar-year total returns of iShares Large Cap Max Buffer Sep ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +4.32% |
| 2025 | +7.90% |
| 2024 (Oct–Dec) | +0.90% |
SMAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.7% | +0.1% | −1.1% | +2.6% | +1.1% | +0.3% | +0.6% | — | — | — | — | — |
| 2025 | +1.0% | +0.1% | −1.4% | +0.1% | +1.8% | +1.9% | +1.0% | +0.9% | +0.7% | +0.7% | +0.4% | +0.4% |
| 2024 | — | — | — | — | — | — | — | — | — | −0.3% | +1.2% | −0.1% |
SMAX Risk
Risk measures from monthly returns over Aug 2025 – Jul 2026.
- 1-year volatility (annualised): 2.94%
- Best month: +2.62% (Apr 2026)
- Worst month: −1.15% (Mar 2026)
SMAX Fund Flows
Monthly money in and out of iShares Large Cap Max Buffer Sep ETF, from SEC Form N-PORT.
- 12-month net flow: −$3.7M
- 12-month gross sales (incl. reinvestments): $46.2M
- Sales ÷ redemptions: 0.93×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $0 | $3.4M | −$3.4M |
| Jun 2026 | $0 | $2.2M | −$2.2M |
| May 2026 | $0 | $5.5M | −$5.5M |
| Apr 2026 | $3.2M | $16.2M | −$12.9M |
| Mar 2026 | $3.2M | $3.2M | −$1K |
| Feb 2026 | $0 | $8.7M | −$8.7M |
| Jan 2026 | $2.2M | $2.2M | $1K |
| Dec 2025 | $1.1M | $0 | $1.1M |
| Nov 2025 | $16.1M | $0 | $16.1M |
| Oct 2025 | $19.3M | $1.1M | $18.2M |
| Sep 2025 | $1.1M | $2.1M | −$1.1M |
| Aug 2025 | $0 | $5.3M | −$5.3M |
SMAX Assets Under Management
Net assets of iShares Large Cap Max Buffer Sep ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $88.64M |
| 2026-04-30 | $97.88M |
| 2026-01-31 | $118.05M |
| 2025-10-31 | $100.20M |
| 2025-07-31 | $86.40M |
| 2025-04-30 | $90.44M |
| 2025-01-31 | $140.24M |
| 2024-10-31 | $113.70M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.