BUFFER ACTIVE ETFs

Stay positioned for the potential of both growth and downside risk protection with iShares.

Capital at risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.

MAXS

iShares US Large Cap Max Buffer Sep UCITS ETF

MAXD

iShares US Large Cap Max Buffer Dec UCITS ETF

USDB

iShares US Large Cap Deep Buffer UCITS ETF

TEND

iShares US Large Cap Moderate Buffer Dec UCITS ETF

WHY iSHARES FOR BUFFER ETFs?

01.

DOWNSIDE CUSHION

We aim to provide choice so you can select the buffer that suits your goals: Max (aims up to 100% protection annually), Deep (aims -5% to -20% protection quarterly), or Moderate (aims 0% to - 10% protection annually).

02.

UPSIDE PARTICIPATION

Our products are designed to capture growth in periods when investments in markets are on the rise up to a set limit.

03.

S&P 500 EXPOSURE

These active ETFs provide US Large Cap exposure through iShares’ leading swap platform, seeking to offer efficient access to the S&P 500 index.1

Risk management cannot fully eliminate the risk of investment loss

Discover the iShares active ETF range

Explore iShares’ range of active ETFs that seek to outperform the market, deliver a specific outcome or gain exposure to hard to access markets.

1Bloomberg, Market Insights, 31 November 2025