iShares Expands Outcome ETF Suite With New Buffer Solutions
iShares, a leading provider of exchange-traded funds (ETFs), has expanded its Outcome ETF suite with new Buffer and premium income solutions. The first ETF in this series, the iShares Large Cap 10% Target Buffer Sep ETF (CBOE:STEN), started trading today. This move underscores iShares' commitment to offering choice and low fees to investors.
BlackRock, the parent company of iShares, introduced its first Laddered Buffer ETFs in 2023. These ETFs, including the iShares Large Cap Moderate Quarterly Laddered ETF (IVVM) and iShares Large Cap Deep Quarterly Laddered ETF (IVVB), were created through enhancements to existing ETFs. The latest addition, the iShares Large Cap 10% Target Buffer ETFs, launched today.
Elise Terry, Head of U.S. iShares at BlackRock, noted the growing popularity of Buffer ETFs as portfolio tools. These ETFs aim to track the share price return of the iShares Core S&P 500 ETF (IVV) up to a cap while mitigating the first 10% of losses over a 12-month outcome period.
BlackRock anticipates significant growth in the Outcome ETF category, projecting it to reach $650 billion by 2030 from its current $250 billion. The new iShares Large Cap 10% Target Buffer ETFs offer investors more options to manage risk and potentially enhance returns in their portfolios.
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