Key stats
About iShares Large Cap 10% Target Buffer Dec ETF
Home page
Inception date
Oct 7, 2025
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
ISIN
US46438G2993
TEND utilizes a defined outcome strategy on the iShares Core S&P 500 ETF (IVV). The fund aims to provide long exposure to US large-cap stocks, up to an approximate upside limit, while hedging the first 10% of losses over a defined 12-month Outcome Period. It does this by holding IVV shares and employing a combination of put options to create the loss buffer and call options to generate income that funds this protection but caps gains. These options can either be FLEX or exchange-traded that reference the underlying ETF. The upside cap and downside buffer reset every year, at the end of each December. Investors must hold shares for the entire outcome period to realize the defined outcome. However, there is no guarantee the defined outcome of the strategy pursued will be realized by investors. The targeted buffers and caps do not include the fund's expense ratio.
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%
ETF99.69%
Cash0.31%
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
TEND assets under management is 10.02 M USD. It's fallen 0.06% over the last month.
TEND fund flows account for 0.00 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.
No, TEND doesn't pay dividends to its holders.
TEND shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Oct 7, 2025, and its management style is Active.
TEND expense ratio is 0.50% meaning you'd have to pay 0.50% of your investment to help manage the fund.
TEND follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TEND invests in funds.
TEND trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.