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.
Overview
- 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.