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TENM

GradeDChicago Board Options Exchange

iShares Trust - iShares Large Cap 10% Target Buffer Mar ETF

Buffered · IShares · Inception 2025-10-20 · SEC filings

$27.77−0.08 (−0.28%)

As of Sep 23, 2026, 12:00 PM EDT

History starts Oct 23, 2025.History starts Oct 23, 2025.
Intraday session: down, 2 prints from 27.85 to 27.77. Range 27.77 to 27.85. Use the arrow keys to read each point.$27.78$27.80$27.82$27.8410 AM12 PM2 PM4 PM
Expense ratio
0.53%
Fund size
$47M
1Y return
—
Yield · Last 12 months
3.03%
Volume · 30D
0M sh
NAV per share
$27.84
52W range
low $24.68high $27.85

The ETF.net TENM Grade

D

39/ 100

Rank 55 of 61 in S&P 500 Buffer 15%⁠

Confidence Medium

Six-pillar profile for TENM. Scores out of 100: Cost 60, Risk 6, Mission not scored, Tradability 33, Holdings 29, Durability 51. Strongest: Cost (60). Weakest: Risk (6). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 39 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.
    BScore 60
    Category rank25/61 · top 41%

  • 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 6
    Category rank56/57 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 33
    Category rank42/61 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 29
    Category rank32/32 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 51
    Category rank32/61 · mid-pack

Graded as of Sep 21, 2026 · Based on 5 of 6 pillars

TENM Holdings

As of Sep 22, 2026, 5:15 AM
Asset class
Stocks
Holdings
—
Top-10 weight
105%
Largest holding
IVV103.1%

Geography

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001IVVISHARES CORE S&P ETF TRUST103.13%62,750$42M56
002—APR27 IVV US P @ 653.211.15%639$468K2
003—BLK CSH FND TREASURY SL AGENCY0.93%433,444$378K442
004—CASH COLLATERAL BPSFT USD0.13%61,000$53K17
005—USD CASH0.11%49,585$43K195

Showing 1–5 of 5 holdings

TENM Performance

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

TENM$11,165
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,432
Dec 31, 2025 to Sep 21, 2026. TENM $11,165. SPY $11,432. Use the arrow keys to read each point.$8,807$10,236$11,665Dec 2025May 2026Sep 2026

Dec 31, 2025 – Sep 21, 2026

Returns run to the Sep 21, 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 TENM. Periods over one year show the average yearly return.
PeriodTENM
Year to date+11.7%
1 month+23.4%
3 months+3.1%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—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 TENM
YearReturn barTENM
2026 YTD+11.7%
2025+2.8%

History from Oct 23, 2025

TENM in the news

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

TENM 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 21, 2026.
3.03%Last 12 months
Payout per share
$0.84Last 12 months
Last payment
$0.52 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2021–2026

One bar per payment. 11 payments from 2021 to 2026 YTD. Nov 22, 2021 $0.12; May 23, 2022 $0.26; Nov 21, 2022 $0.17; May 22, 2023 $0.31; Nov 20, 2023 $0.18; May 20, 2024 $0.37; Nov 18, 2024 $0.26; May 19, 2025 $0.50; Nov 24, 2025 $0.25; Dec 23, 2025 $0.08; May 18, 2026 $0.52. Use the arrow keys to read each point.202120222023202420252026YTD
Ex-datePay dateAmount per share
Nov 23, 2026Pays Nov 25, 2026$0.51
May 18, 2026May 20, 2026$0.52
Dec 23, 2025Data unavailable$0.08
Nov 24, 2025Nov 26, 2025$0.25
May 19, 2025May 21, 2025$0.50
Nov 18, 2024Nov 20, 2024$0.26
May 20, 2024May 22, 2024$0.37
Nov 20, 2023Nov 22, 2023$0.18
May 22, 2023May 24, 2023$0.31
Nov 21, 2022Nov 23, 2022$0.17
May 23, 2022May 25, 2022$0.26
Nov 22, 2021Nov 24, 2021$0.12

TENM Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Oct 2025; fills in after 12 months
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.
—
Launched Oct 2025; fills in after 12 months
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.
—
Launched Oct 2025; fills in after 12 months
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.
1.22
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.

TENM Cost

Expense ratio0.53%
  • The middle half of S&P 500 Buffer 15% funds
  • Median 0.79%

14 of the 50 S&P 500 Buffer 15% funds charge less.

TENM costs $53.00 a year on $10,000. The median S&P 500 Buffer 15% fund costs $79.00.