TEND iShares Trust - iShares Large Cap 10% Target Buffer Dec ETF
Quote as of Oct 26, 2026 13:46 UTC · Quotes are refreshed hourly from the data provider, so during market hours a price can be up to about 1–2 hours old; each quote shows its own timestamp.
| Previous Close | 28.00 | Day Range | 28.00 – 28.00 |
| 52-Week Range | 24.24 – 28.38 | Volume | 10 |
| Avg Volume | 10.42K | AUM | $67.2M (Oct 26, 2026) |
| Expense Ratio | 0.53% | Yield (TTM) | 0.13% |
| NAV | 27.99 | Premium/Discount | +0.03% indicative |
| Inception | Oct 07, 2025 | Holdings | 7 |
| Issuer | iShares | Exchange | CBOE |
| Category | Buffer | Index Tracked | S&P 500 |
| CUSIP | 46438G299 | ISIN | US46438G2993 |
| Structure | Buffer / Defined Outcome | ||
| Management | Not stated in source data | ||
About this ETF
TEND utilizes a defined outcome strategy on the iShares Core S&P 500 ETF (IVV). The fund aims to provide long exposure to US large-cap stocks, up to an approximate upside limit, while hedging the first 10% of losses over a defined 12-month Outcome Period. It does this by holding IVV shares and employing a combination of put options to create the loss buffer and call options to generate income that funds this protection but caps gains. These options can either be FLEX or exchange-traded that reference the underlying ETF. The upside cap and downside buffer reset every year, at the end of each December. Investors must hold shares for the entire outcome period to realize the defined outcome. However, there is no guarantee the defined outcome of the strategy pursued will be realized by investors. The targeted buffers and caps do not include the fund's expense ratio.
Description from the fund data provider · profile as of Oct 26, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -0.21% | +3.09% | +6.34% | +10.02% | +11.46% | — | — | — | +11.73% |
| Total return | -0.21% | +3.09% | +6.34% | +10.02% | +11.64% | — | — | — | +11.91% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 23, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.53% | Annual cost of a $10,000 investment | $53.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings list retrieved Oct 24, 2026 · The data provider's latest disclosed portfolio for this fund. Issuers publish holdings daily or monthly, so the portfolio date can be earlier; holdings are not live positions. 7 holdings stored.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | ISHARES CORE S&P ETF TRUST | IVV | 99.35% | 87.30K | $67.0M |
| 2 | BLK CSH FND TREASURY SL AGENCY | — | 1.20% | 805.86K | $805.9K |
| 3 | JAN27 IVV US P @ 684.94 | — | 0.65% | 888 | $440.9K |
| 4 | CASH COLLATERAL BPSFT USD | — | 0.12% | 79.00K | $79.0K |
| 5 | USD CASH | — | -0.05% | -31.36K | -$31.4K |
| 6 | JAN27 IVV US P @ 616.45 | — | -0.30% | -888 | -$201.1K |
| 7 | JAN27 IVV US C @ 798.98 | — | -0.97% | -888 | -$656.8K |
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Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 0.13% | Paid (last 12 months) | $0.0360 |
| Frequency | Irregular | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Dec 23, 2025 | Last payment | $0.0360 (Dec 29, 2025) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Dec 23, 2025 | Dec 23, 2025 | Dec 29, 2025 | $0.0360 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 7.80% / — | Sharpe 1Y / 3Y | 0.953 / — |
| Max drawdown 1Y / 3Y | -5.94% / — | Sortino 1Y | 1.43 |
| Beta vs S&P 500 (3Y) | 0.568 | Correlation vs S&P 500 (1Y) | 0.961 |
| Downside deviation 1Y | 5.20% | Risk-free rate used | 4.04% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 26, 2026. Formulas →
Liquidity
| Volume today | 10 | Average volume | 10.42K |
| AUM | $67.2M | Premium/Discount | +0.03% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Week | $228.4K | +0.34% | $67.4M → $67.2M |
| 1 Month | -$4.3M | -6.02% | $71.8M → $67.2M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for TEND
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.