Performance analysis of SMAX (ISHARES LARGE CAP MAX BUFFER SEP ETF)
Annual Return
Since Oct 1, 2024, SMAX has had an average annual return of +7.14%, underperforming the benchmark SPY, which returned +17.77% annual.
| 2026 | 2025 | 2024 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +3.77% | +8.02% | +1.02% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.45% | +0.23% | -1.17% | +2.60% | +1.02% | +0.23% | +0.38% | +3.77% | |||||
| 2025 | +1.08% | -0.24% | -1.46% | +0.21% | +2.11% | +1.64% | +1.06% | +1.11% | +0.65% | +0.75% | +0.37% | +0.52% | +8.02% |
| 2024 | -0.12% | +1.04% | +0.10% | +1.02% |
Drawdown analysis of SMAX (ISHARES LARGE CAP MAX BUFFER SEP ETF)
The maximum drawdown for the SMAX was -3.90%, occurring on Apr 8, 2025. Recovery took 27 trading sessions.
The current SMAX drawdown is -0.01%.
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -3.90% | Feb 20, 2025 | 33 | Apr 8, 2025 | 27 | May 16, 2025 | 60 |
| -1.91% | Feb 25, 2026 | 23 | Mar 30, 2026 | 9 | Apr 13, 2026 | 32 |
| -0.81% | Oct 28, 2025 | 17 | Nov 20, 2025 | 4 | Nov 26, 2025 | 21 |
| -0.72% | May 19, 2025 | 4 | May 23, 2025 | 5 | Jun 2, 2025 | 9 |
| -0.71% | Dec 11, 2024 | 6 | Dec 19, 2024 | 3 | Dec 24, 2024 | 9 |
| -0.63% | Jun 2, 2026 | 6 | Jun 10, 2026 | 3 | Jun 15, 2026 | 9 |
| -0.61% | Jan 9, 2026 | 6 | Jan 20, 2026 | 4 | Jan 26, 2026 | 10 |
| -0.56% | Dec 24, 2024 | 10 | Jan 10, 2025 | 3 | Jan 15, 2025 | 13 |
| -0.56% | Oct 22, 2024 | 9 | Nov 4, 2024 | 2 | Nov 6, 2024 | 11 |
| -0.53% | Jul 28, 2025 | 4 | Aug 1, 2025 | 5 | Aug 8, 2025 | 9 |
| -0.53% | Feb 2, 2026 | 3 | Feb 5, 2026 | 2 | Feb 9, 2026 | 5 |
| -0.52% | Nov 8, 2024 | 5 | Nov 15, 2024 | 9 | Nov 29, 2024 | 14 |
| -0.47% | Feb 9, 2026 | 5 | Feb 17, 2026 | 6 | Feb 25, 2026 | 11 |
| -0.45% | Oct 8, 2025 | 2 | Oct 10, 2025 | 6 | Oct 20, 2025 | 8 |
| -0.39% | Dec 11, 2025 | 4 | Dec 17, 2025 | 3 | Dec 22, 2025 | 7 |
| -0.37% | Aug 29, 2025 | 1 | Sep 2, 2025 | 4 | Sep 8, 2025 | 5 |
| -0.35% | Jan 24, 2025 | 1 | Jan 27, 2025 | 10 | Feb 10, 2025 | 11 |
| -0.35% | Jun 15, 2026 | 6 | Jun 24, 2026 | 4 | Jun 30, 2026 | 10 |
| -0.27% | Jun 12, 2025 | 5 | Jun 20, 2025 | 2 | Jun 24, 2025 | 7 |
| -0.26% | Aug 18, 2025 | 3 | Aug 21, 2025 | 1 | Aug 22, 2025 | 4 |
| -0.24% | Dec 26, 2025 | 4 | Jan 2, 2026 | 1 | Jan 5, 2026 | 5 |
| -0.20% | Oct 1, 2024 | 4 | Oct 7, 2024 | 2 | Oct 9, 2024 | 6 |
| -0.20% | Oct 14, 2024 | 1 | Oct 15, 2024 | 5 | Oct 22, 2024 | 6 |
| -0.16% | Jul 10, 2026 | 1 | Jul 13, 2026 | Ongoing | Ongoing | Ongoing |
| -0.16% | Nov 6, 2024 | 1 | Nov 7, 2024 | 1 | Nov 8, 2024 | 2 |