Skip to content
etf.net

IVVB

GradeDChicago Board Options Exchange

iShares Large Cap Deep Quarterly Laddered ETF

Buffered · IShares · Inception 2023-06-27

$35.58−0.18 (−0.52%)

As of Sep 23, 2026, 2:20 PM EDT

History starts Jun 30, 2023.
Intraday session: down, 58 prints from 35.76 to 35.58. Range 35.51 to 35.70. Use the arrow keys to read each point.$35.50$35.55$35.60$35.65$35.7010 AM12 PM2 PM4 PM
Expense ratio
0.53%
Fund size
$131M
1Y return
+10.9%
Yield · Last 12 months
1.13%
Holdings
9
Volume · 30D
0M sh
NAV per share
$35.72
52W range
low $31.67high $36.92

The ETF.net IVVB Grade

D

31/ 100

Rank 17 of 18 in S&P 500 Laddered Buffer⁠

Confidence Medium

Six-pillar profile for IVVB. Scores out of 100: Cost 21, Risk 20, Mission not scored, Tradability 50, Holdings 38, Durability 58. Strongest: Durability (58). Weakest: Risk (20). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 31 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 21
    Category rank14/18 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    FScore 20
    Category rank17/18 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 50
    Category rank11/18 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 38
    Category rank16/17 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 58
    Category rank9/18 · top 50%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on IVVB

ETF.net Research

DBlackRock's fix for the buffer-timing problem: four overlapping quarterly option layers instead of one annual reset, cushioning roughly 5% to 20% of losses on its S&P 500 core fund in exchange for a ceiling on the upside.

Stated mandate

The Fund seeks to track the share-price return of the iShares Core S&P 500 ETF up to an approximate upside limit while seeking downside protection. It uses staggered, overlapping roughly three-month options to ladder protection against underlying losses of approximately 5% to 20%.

Why people hold it

  1. 01Staggered, overlapping roughly three-month option layers roll on a ladder, so the outcome you get isn't decided by the day you happened to buy in.ishares.com
  2. 02A 0.53% expense ratio undercuts the typical deep-buffer fund (peer median 0.74%) and named rivals like BALT at 0.69% and MAYW at 0.74%.
  3. 03The buffer is deep, not shallow: it targets underlying losses of about 5% to 20%, the range an ordinary correction tends to occupy.
  4. 04Reference asset is iShares' own S&P 500 core fund, and the strategy sits in the upper half of its deep-buffer peer group.

Worth knowing

  1. 01The first slice of the drop is yours. Protection kicks in around 5% down, so shallow dips pass straight through.
  2. 02Upside stops at an approximate limit, and the fund tracks share-price return, so S&P 500 dividends don't flow through to you.
  3. 03It trades lighter than the heavyweight buffer funds and pays out at most a couple of times a year. Limit orders matter here.

IVVB Holdings

As of Sep 22, 2026, 4:52 AM
Asset class
Stocks
Holdings
9
Top-10 weight
100%
Largest holding
IVV99.1%

Sectors

Geography

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001IVVISHARES CORE S&P ETF TRUST99.07%168,350$129M54
002—BLK CSH FND TREASURY SL AGENCY0.60%777,980$778K440
003—DEC26 IVV US P @ 732.20.36%566$464K1
004—NOV26 IVV US P @ 712.80.14%565$180K1
005—USD CASH0.12%160,843$161K193
006—CASH COLLATERAL USD GSCFT0.06%72,000$72K8
007—OCT26 IVV US P @ 711.450.02%565$20K1

Showing 1–7 of 7 holdings

IVVB Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

IVVB$11,091
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. IVVB $11,091. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for IVVB. Periods over one year show the average yearly return.
PeriodIVVB
Year to date+8.1%
1 month+1.2%
3 months+3.6%
1 year+10.9%
3 years+14.0%per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for IVVB
YearReturn barIVVB
2026 YTD+8.1%
2025+9.6%
2024+18.7%
2023+2.6%

History from Jun 30, 2023

IVVB in the news

ETF.net Research hasn’t filed on IVVB yet — coverage lands here as it’s written.

IVVB Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
1.13%Last 12 months
Payout per share
$0.40Last 12 months
Last payment
$0.40 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2024–2026

One bar per payment. 2 payments from 2024 to 2026 YTD. Dec 30, 2024 $0.27; Dec 23, 2025 $0.40. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Dec 23, 2025Dec 29, 2025$0.40
Dec 30, 2024Jan 3, 2025$0.27

IVVB Risk

How much the fund’s monthly returns vary, scaled to a year.
8.9%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.82
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−13.1%
38 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.67
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

IVVB Cost

Expense ratio0.53%
  • The middle half of S&P 500 Laddered Buffer funds
  • Median 0.20%

13 of the 18 S&P 500 Laddered Buffer funds charge less.

IVVB costs $53.00 a year on $10,000. The median S&P 500 Laddered Buffer fund costs $20.00.