Key stats
About BlackRock ETF Trust II iShares Large Cap Deep Buffer ETF
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Inception date
Jun 28, 2023
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
IVVB uses FLEX options exclusively based on the price movement of iShares Core S&P 500 ETF shares (ticker: IVV). It aims to participate in price movement up to a cap and potentially buffer downside risk over a calendar quarter. The buffer does not activate until the share price declines beyond 5%, at which point the strategy hedges until the decline reaches 20%. Declines greater than 20% expose investors to further losses. In exchange for this buffer, investors forgo some upside potential. The ETF portfolio consists of (i) out-of-the-money FLEX options, (ii) zero strike call options bought to provide the share price exposure, and (iii) put spread FLEX options which create the funds buffer. At the end of each quarter, the fund rebalances and resets the upside cap and buffer range. To get intended results, the fund must be held for the entire period. Investors who purchase outside of the reset day may experience a different level of investment return.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF98.80%
Cash1.20%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
IVVB assets under management is 267.70 M USD. It's risen 3.23% over the last month.
IVVB fund flows account for 188.81 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, IVVB pays dividends to its holders with the dividend yield of 0.86%. The last dividend (Jan 3, 2025) amounted to 0.27 USD. The dividends are paid annually.
IVVB shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Jun 28, 2023, and its management style is Active.
IVVB expense ratio is 0.50% meaning you'd have to pay 0.50% of your investment to help manage the fund.
IVVB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
IVVB invests in funds.
IVVB price has risen by 2.38% over the last month, and its yearly performance shows a 7.23% increase. See more dynamics on IVVB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.22% over the last month, showed a 5.84% increase in three-month performance and has increased by 8.69% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.22% over the last month, showed a 5.84% increase in three-month performance and has increased by 8.69% in a year.
IVVB trades at a premium (0.13%) meaning the ETF is trading at a higher price than the calculated NAV.