MAXJ ETF Offers S&P 500 Gains Cap in Exchange for Downside Protection
The iShares Large Cap Max Buffer Jun ETF (NASDAQ: MAXJ) offers investors full downside protection and capped upside returns tied to the S&P 500. While it returned 7% last year compared to SPY's 20%, its performance is limited by a ceiling that resets annually in June, with mid-cycle buyers facing reduced buffer effectiveness.
Topics: BlackRock ETF MAXJ options strategy S&P 500