Skip to content
etf.net

MAXJ vs ZFEB

iShares Large Cap Max Buffer Jun ETF

MAXJACboe

Innovator Equity Defined Protection ETF - 1 Yr February

ZFEBCCboe

Overlap

Expense ratio

MAXJ −0.26pt a year

MAXJ0.53%ZFEB0.79%

Avg volume · 30D

MAXJ 4.1×the volume

MAXJ37.6KZFEB9.24K

MAXJ vs ZFEB Performance

Oct 31, 2025 – Oct 30, 2026

+5.8%MAXJ+5.3%ZFEB

Oct 31, 2025 to Oct 30, 2026. MAXJ +5.8%. ZFEB +5.3%. Use the arrow keys to read each point.0%1%2%3%4%Oct 2025Apr 2026Oct 2026
Expense ratio
MAXJ 0.53%, better
ZFEB 0.79%
Fund size
MAXJ $163M
ZFEB $145M
1Y total return
MAXJ +5.8%, better
ZFEB +5.3%
Yield (12M)
MAXJ 0.96%
ZFEB No data
Holdings
MAXJ 5
ZFEB 3
Avg volume (30D)
MAXJ 37.6K sh, better
ZFEB 9.24K sh
NAV per share
MAXJ $29.54
ZFEB $26.44
52W range

ETF.net Grade

MAXJ: Cost 83, Risk 51, Mission not scored, Tradability 82, Holdings 58, Durability 88. ZFEB: Cost 21, Risk 52, Mission not scored, Tradability 77, Holdings not scored, Durability 72.
Pillar letters and Scores for MAXJ, ZFEB, with each pillar’s weight
PillarMAXJZFEB
Cost30% weightA83HigherF21
Mission25% weightNot scoredNot scored
Risk15% weightC51C52Higher
Tradability15% weightA82HigherA77
Holdings10% weightB58Not scored
Durability5% weightA88HigherA72

Rank among S&P 500 Full Protection funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. MAXJ and ZFEB are both graded against the same 27 S&P 500 Full Protection funds, so their Grades compare head to head.

S&P 500 Full Protection⁠

Category · 27 funds
See all 27 ›

MAXJ ranks 3rd and ZFEB 19th of 27 funds in the S&P 500 Full Protection Category.

  1. Rank 1ACPSLCalamos Laddered S&P 500 Structured Alt Protection ETFScore 80
  2. Rank 2AMMAXiShares Large Cap Max Buffer Mar ETFScore 76
  3. Rank 3AMAXJiShares Large Cap Max Buffer Jun ETFScore 75
  4. Rank 4BCPSNCalamos S&P 500 Structured Alt Protection ETF – NovemberScore 59
  5. Rank 19CTJULInnovator Equity Defined Protection ETFScore 44
  6. Rank 19CZFEBInnovator Equity Defined Protection ETF - 1 Yr FebruaryScore 44
  7. Rank 21CZJUNInnovator Equity Defined Protection ETF - 1 Yr JuneScore 41

MAXJ vs ZFEB Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

MAXJ vs ZFEB Cost

Overpaying ZFEB vs MAXJ

$4,638

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

  • MAXJ 0.53%

    $10,536

  • ZFEB 0.79%

    $15,174

$10,000
30 years

Cost over time

  • MAXJ 0.53%
  • ZFEB 0.79%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530ZFEB $15,174MAXJ $10,536

Year by year

YearMAXJZFEBOverpaying
10$953$1,405$452
20$3,658$5,331$1,673
30$10,536$15,174$4,638

Expense ratio

  • 0.53%MAXJ, cheaper
  • 0.79%ZFEB
  • Middle half of S&P 500 Full Protection funds
  • Median 0.69%

MAXJ 6th cheapest of 27 funds

ZFEB 21st cheapest of 27 funds

MAXJ vs ZFEB Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
MAXJ 0.96%
ZFEB No data
Payout (12M)
MAXJ $0.28
ZFEB None
Last payment
MAXJ $0.28
ZFEB No data
Ex-dividend
MAXJ Dec 23, 2025
ZFEB No data
Paid on
MAXJ Dec 29, 2025
ZFEB No data
Frequency
MAXJ Annual
ZFEB No data

Distribution history

Per share, 2024 to 2026, same scale for both

MAXJAnnual · 2 paymentsAll MAXJ payments⁠
One bar per payment. 2 payments from 2024 to 2026 YTD. Dec 30, 2024 $0.21; Dec 23, 2025 $0.28. Use the arrow keys to read each point.$0$0.252026YTD
ZFEBAll ZFEB payments⁠

No distribution history available.

MAXJ vs ZFEB Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
MAXJ 4.1%since Aug 2024ZFEB 2.2%since Mar 2025
Return per unit of riskSharpe ratio, 3 years
MAXJ 0.88since Aug 2024ZFEB 0.90since Mar 2025
Worst fallMax drawdown, 5 years
MAXJ −6.3%since Jul 2024ZFEB −3.0%since Feb 2025
Market sensitivityBeta, 5 years
MAXJ 0.30ZFEB 0.16

MAXJ and ZFEB in the news

All news⁠

Popular comparisons

  • MAXJAvsCPSLA

    iShares Large Cap Max Buffer Jun ETF · Calamos Laddered S&P 500 Structured Alt Protection ETF

    Expense ratio
    0.53% · 0.10%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • ZFEBCvsCPSLA

    Innovator Equity Defined Protection ETF - 1 Yr February · Calamos Laddered S&P 500 Structured Alt Protection ETF

    Expense ratio
    0.79% · 0.10%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • MAXJAvsMMAXA

    iShares Large Cap Max Buffer Jun ETF · iShares Large Cap Max Buffer Mar ETF

    Expense ratio
    0.53% · 0.53%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • ZFEBCvsMMAXA

    Innovator Equity Defined Protection ETF - 1 Yr February · iShares Large Cap Max Buffer Mar ETF

    Expense ratio
    0.79% · 0.53%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • MAXJAvsCPSNB

    iShares Large Cap Max Buffer Jun ETF · Calamos S&P 500 Structured Alt Protection ETF – November

    Expense ratio
    0.53% · 0.69%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • ZFEBCvsCPSNB

    Innovator Equity Defined Protection ETF - 1 Yr February · Calamos S&P 500 Structured Alt Protection ETF – November

    Expense ratio
    0.79% · 0.69%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.