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Launched

iShares Large Cap Moderate Quarterly Laddered ETF

IVVMCboeiSharesB

$37.47−0.11 (−0.30%)

As of Nov 2, 2026, 3:59 PM ET

B64/ 100

Rank 4 of 18 in S&P 500 Laddered Buffer

B64/100Rank 4 of 18inS&P 500 Laddered Buffer
Intraday session: down, 79 prints from 37.58 to 37.47. Range 37.47 to 37.83. Use the arrow keys to read each point.37.7037.8010 AM12 PM2 PM4 PM
Expense ratio
0.50%*
Fund size
$198M
1Y total return
+9.3%
Yield · Last 12 months
0.63%
Holdings
6
Avg volume · 30D
29.2K sh
52W range
low $33.29high $38.30
Launched

*After a fee waiver that ends Jun 30, 2028. Without it: 0.53%.

The ETF.net IVVM Grade

Based on 5 of 6 pillars

B

Score 64 out of 100

Category
S&P 500 Laddered Buffer⁠
Rank
4 of 18
Six-pillar profile for IVVM. Scores out of 100: Cost 85, Risk 34, Mission not scored, Tradability 71, Holdings 36, Durability 69. Strongest: Cost (85). Weakest: Risk (34). Based on 5 of 6 pillars.

Score 64 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A85 out of 100
    Rank 2 of 18

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D34 out of 100
    Rank 13 of 18

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A71 out of 100
    Rank 3 of 18

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D36 out of 100
    Rank 17 of 18

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B69 out of 100
    Rank 6 of 18

Our read on IVVM

ETF.net Research

In short

BMost buffer funds make you pick a start date. IVVM runs overlapping three-month tranches on IVV, each cushioning roughly the first 5% of losses in exchange for a cap, so no single reset date decides everything.

Stated mandate

The fund seeks exposure to large-cap U.S. equities while using staggered-maturity buffers to protect approximately the first 5% of losses. It accepts limited upside and uses the laddered structure to reduce timing risk.

Why people hold it

  • 0.50% net of a waiver through June 30, 2028 (0.53% gross), below the category median and well under Innovator's laddered Power Buffer fund BUFF at 0.89%.ishares.com
  • Staggered tranches of roughly three-month FLEX options, rolling on a rhythm, spread out the entry-point risk that single-period buffer funds carry.ishares.com
  • Born in 2023 as a plain quarterly buffer fund, rebuilt as a ladder in October 2025, and one of the stronger builds in its laddered-buffer peer group.sec.gov
  • The reference asset is BlackRock's own S&P 500 workhorse, IVV, inside a standard 1940 Act ETF wrapper that trades all day on an exchange.sec.gov

Worth knowing

  • Each tranche caps the upside, and caps are reset at every roll, so a hot S&P 500 stretch leaves the fund behind plain index exposure.ishares.com
  • The cushion is thin by design: approximately the first 5% of losses per tranche, with declines past that borne in full, and fund fees come off the top.sec.gov
  • Exposure follows IVV's share price, not its dividends, and the fund trades thinly on a modest asset base, so spreads can run wider than on index giants.sec.gov

IVVM Holdings

Holdings pillarD36 out of 100Rank 17 of 18 in S&P 500 Laddered Buffer
Asset class
Stocks
Holdings
6
Top-10 weight
102%
Largest holding
IVV98.7%

Sectors

  • Technology40.4%
  • Financials11.2%
  • Communication9.9%
  • Health Care9.3%
  • Consumer Discretionary8.7%
  • Industrials7.5%
  • Consumer Staples4.3%
  • Energy3.4%
  • Utilities1.9%
  • Real Estate1.7%
  • Materials1.6%

Geography

  • United States99.55%
  • Switzerland0.26%
  • China0.09%
  • Mexico0.04%
  • Ireland0.03%
  • United Kingdom0.03%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1IVVIshares Core S&P Etf Trust98.72%255,850$194M59
2No dataFEB27 Ivv Us P @ 759.180.99%858$1.95M1
3No dataJAN27 Ivv Us P @ 765.850.92%858$1.81M1
4No dataDEC26 Ivv Us P @ 770.740.77%858$1.51M1
5No dataUSD Cash0.30%599,315$599K220
6No dataCash Collateral USD Gscft0.05%90,000$90K9

Showing 1–6 of 6 holdings

IVVM Performance

Launched Jun 28, 2023

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

Not enough history yet.Not enough history yet.
IVVM$10,927
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. IVVM $10,927. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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 IVVM. Periods over one year show the average yearly return.
PeriodIVVM
Year to date+8.1%
1 month−0.5%
3 months+1.3%
1 year+9.3%
3 yearsper year+15.4%
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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 IVVM
YearReturn barIVVM
2026 YTD+8.1%
2025+14.2%
2024+16.1%
2023+5.2%

History from Jun 30, 2023

IVVM in the news

IVVM 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 Oct 30, 2026.
0.63%Last 12 months
Payout per share
$0.24Last 12 months
Last payment
$0.24 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 $0.19; Dec 23, 2025 $0.24. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Dec 23, 2025Dec 29, 2025$0.24
Dec 30, 2024Jan 3, 2025$0.19

$10,000 in IVVM 3 years ago paid $168 in dividends.

IVVM Risk

Risk pillarD34 out of 100Rank 13 of 18 in S&P 500 Laddered Buffer
How much the fund’s monthly returns vary, scaled to a year.
6.5%
Annualised · 36 months to Oct 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.
1.56
vs 3-month T-bills · to Oct 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.
−11.6%
40 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.
0.52
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.

FMP measures it over up to five years of monthly returns.

IVVM Cost

Compare IVVM and ALDB

Overpaying vs ALDB, cheapest in S&P 500 Laddered Buffer

$3,830

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • IVVM 0.50%

    $9,979

  • ALDB 0.30% Cheapest

    $6,149

$10,000
30 years

Cost over time

  • IVVM 0.50%
  • ALDB 0.30%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530IVVM $9,979ALDB $6,149

Year by year

YearIVVMALDBOverpaying
10$900$545$355
20$3,460$2,113$1,347
30$9,979$6,149$3,830
How the 0.50% is worked out

Full fee 0.53%− waiver 0.03%= you pay 0.50%

The waiver ends Jun 30, 2028. After that the fee is 0.53% unless iShares renews it. Source: prospectus, Jul 2026.

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