iShares Large Cap Moderate Buffer ETF (IVVM) Performance
IVVM total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +8.5% since Dec 31, 2025
- 1 year
- +10.7% total return
- 3 years
- +15.5% a year
- Since first price
- +13.3% a year since 2023
IVVM trailing returns vs SPY, QQQ, AGG
| Period | IVVM total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.4% | −0.4% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.6% | +2.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +5.4% | +5.4% | +7.8% | +8.4% | −1.5% |
| YTD | +8.5% | +8.5% | +12.3% | +15.1% | −1.0% |
| 1 year | +10.7% | +10.0% | +14.4% | +15.9% | −1.1% |
| 3 years | +53.9%+15.5%/yr | +52.0% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionJun 30, 2023 | +51.4%+13.3%/yr | +49.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: IVVM vs SPY
From Jun 30, 2023: IVVM grew to $15,138, SPY to $17,840.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
IVVM returns by calendar year
2 of 2 full years positive. Best 2024 (+16.1%), worst 2025 (+14.2%). 2026 is year to date.
IVVM annual returns table
| Year | IVVM | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +8.5% | −5.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +14.2% | −11.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +16.1% | −5.3% | +24.9% | +25.6% | +1.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
IVVM largest drawdowns
Now 1.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 19, 2025 | −11.6% | Apr 8, 2025 | May 14, 2025 | 48 days | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
IVVM risk statistics
| Statistic | 3 years | Since 2023 |
|---|---|---|
| Annualized return | +15.2% | +13.6% |
| Volatility (annualized) | 6.6% | 6.7% |
| Sharpe ratio | 1.54 | 1.30 |
| Sortino ratio | 3.54 | 2.72 |
| Best month | +5.8% | +5.8% |
| Worst month | −2.2% | −2.4% |
| Best 12 months | +21.8% | +21.8% |
| Worst 12 months | +10.4% | +10.4% |
| Positive months | 72% | 69% |
| Beta vs S&P 500 | 0.51 | — |
| Correlation with S&P 500 | 0.96 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
IVVM rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 29 | +9.8% | +13.6% | +21.8% | 100% |
| 3-year (a year) | 5 | +13.5% | +14.3% | +15.5% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
IVVM performance overview
iShares Large Cap Moderate Buffer ETF (IVVM) returned +10.7% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +13.3% a year, turning $10,000 into about $15,138. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −11.6%, from Feb 19, 2025 to Apr 8, 2025, and it took 36 days to get back to the old high. Volatility has been 6.7% a year.
Related: IVVM chart, IVVM dividends. See the IVVM overview for the latest quote and fund facts.
IVVM performance FAQ
What is the IVVM return over the past year?
IVVM returned +10.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 10.0%.
How much would $10,000 invested in IVVM be worth?
$10,000 invested in IVVM at its first recorded close on June 30, 2023 would be worth about $15,138 on October 23, 2026 with distributions reinvested.
What was the worst year for IVVM?
The worst calendar year was 2025, with a total return of +14.2%. The best was 2024 at +16.1%.
What is the biggest drawdown of IVVM?
The largest peak-to-trough decline was −11.6% between February 19, 2025 and April 8, 2025. It recovered to the old high on May 14, 2025, 36 days after the bottom.
How volatile is IVVM?
Over the past 3 years IVVM had an annualized volatility of 6.6% and a Sharpe ratio of 1.54 (excess return over 1–3 month T-bills per unit of risk).