BlackRock Launches New ETF with Full Downside Protection

The iShares Large Cap Max Buffer Jun ETF aims to attract cautious investors amid market volatility and economic uncertainty.

The ETF offers 100% downside hedge while capping upside gains to approximately 10.6%.
Designed to track the S&P 500, the fund uses options to provide protection over a 12-month period.
BlackRock's entry into the buffer ETF market comes as stock indexes trade near record highs.
The new ETF is part of a series, with subsequent versions expected to launch every three months.
Buffer ETFs have seen significant growth, with assets tripling since October 2022.