IVVB

About IVVB

iShares Large Cap Deep Buffer ETF is an exchange-traded fund that pairs large-cap U.S. equity exposure with a structured “buffer” design. Its primary objective is to mirror the share price return of iShares Core S&P 500 ETF up to an approximate upside cap, while seeking to mitigate a defined band of losses—generally targeting protection against roughly 5% to 20% declines in the reference ETF over each quarterly hedge period. The fund implements this targeted outcome strategy using options on the underlying ETF and collateral, with the core exposure anchored to large-cap U.S. equities represented by the S&P 500. This design aims to deliver lower volatility than broad equity ownership during each hedge window, with explicit trade-offs between capped upside and downside cushioning. The approach is periodically reset, providing updated caps and buffers for each calendar quarter. Fees reflect both management of the options overlay and acquired fund costs. By combining index-based equity beta with a systematic risk buffer, iShares Large Cap Deep Buffer ETF serves as a tool for investors seeking more controlled participation in U.S. large-cap market moves without adopting a fully defensive posture.