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DMAXvsBWVTFETF Comparison

ETF 1

DMAX

iShares Large Cap Max Buffer Dec ETF

This fund is part of

Options Strategies

-0.26%

Full DMAX fund page

VS

ETF 2

BWVTF

iPath CBOE S&P 500 BuyWrite Index ETN

This fund is part of

Options Strategies

-0.26%

Full BWVTF fund page

iShares Large Cap Max Buffer Dec ETF (DMAX) and iPath CBOE S&P 500 BuyWrite Index ETN (BWVTF) belong to the same industry segment: Options Strategies. Both ETFs have the same top 3 sector exposures: Technology, Finance and Healthcare. DMAX is less expensive with a Total Expense Ratio (TER) of 0.53%, versus 0.75% for BWVTF. DMAX is up 4.05% year-to-date (YTD) with +$50M in YTD flows. BWVTF performs better with 10.4% YTD performance, and -$126K in YTD flows. Run a side-by-side ETF comparison of DMAX and BWVTF below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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DMAX vs BWVTF performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 08/28/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	DMAX BWVTF	+0.98%+2.64%	+1.57%+5.15%	+4.05%+10.40%	+6.83%+19.89%	n/a+47.89%	n/a+49.16%
Flows	DMAX BWVTF	-$3M-	-$2M-	+$50M-$126K	+$44M-$841K	--$841K	--$1M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	DMAX BWVTF	+1.96%+7.16%	+2.23%+7.52%	n/a+11.14%	n/a+12.31%
Max drawdown	DMAX BWVTF	-0.59%-2.20%	-1.47%-5.71%	n/a-16.79%	n/a-19.88%
Max drawdown duration	DMAX BWVTF	10d8d	44d62d	n/a240d	n/a686d

Trading data

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	DMAX	BWVTF
Last sale 8/28/2026 at 1:30 PM	$27.70
Previous close 08/28/2026	$27.69
Consolidated volume 08/28/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of July 31, 2026

1-year trailing difference

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DMAX

is actively managed and doesn’t replicate an index

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	DMAX	BWVTF
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 8/28/2026 at 1:30 PM

Live

Closed

	DMAX	BWVTF
Last price	$27.70	–
1D performance	+0.02%	–
AuM	$136.36 M	$1.56 M
E/R	0.53%	0.75%

Characteristics

	DMAX	BWVTF
Management strategy	Active	Passive
Provider	iShares	Barclays
Benchmark	-	CBOE S&P 500 BuyWrite Index
N° of holdings	496	495
Asset class	-	Alternative
Trailing 12m distribution yield	Join	Join
Inception date	December 31, 2024	May 22, 2007
ESG	No	No

More DMAX data on Trackinsight

More BWVTF data on Trackinsight

Exposure

Countries

DMAX

USA

100.84%

Other

-0.84%

BWVTF

USA

97.04%

Other

2.96%

Sectors

DMAX

Technology

46.39%

Finance

14.53%

Healthcare

9.31%

Consumer Non-Cycl.

9.26%

Industrials

7.86%

Other

12.65%

BWVTF

Technology

44.19%

Finance

14.31%

Healthcare

9.37%

Consumer Non-Cycl.

9.14%

Industrials

7.65%

Other

15.35%

Diversification

DMAX

Total weight of top 15 holdings out of 15

45.18%

BWVTF

Total weight of top 15 holdings out of 15

43.4%

Top 15 holdings

Data as of July 31, 2026

DMAX

Apple, Inc.

7.92%

NVIDIA Corp.

7.64%

Microsoft Corp.

5.42%

Amazon.com, Inc.

3.73%

Alphabet, Inc.

3.17%

Broadcom Inc.

2.97%

Alphabet, Inc.

2.55%

Meta Platforms, Inc.

1.92%

Micron Technology, Inc.

1.60%

JPMorgan Chase & Co.

1.52%

Berkshire Hathaway, Inc.

1.51%

Eli Lilly & Co.

1.48%

Tesla, Inc.

1.41%

Advanced Micro Devices, Inc.

1.28%

US30233Q1085

1.05%

BWVTF

Apple, Inc.

7.95%

NVIDIA Corp.

7.36%

Microsoft Corp.

4.64%

Amazon.com, Inc.

3.55%

Alphabet, Inc.

3.16%

Broadcom Inc.

2.80%

Alphabet, Inc.

2.54%

Meta Platforms, Inc.

2.06%

Eli Lilly & Co.

1.53%

Berkshire Hathaway, Inc.

1.49%

JPMorgan Chase & Co.

1.48%

Tesla, Inc.

1.34%

Micron Technology, Inc.

1.33%

Advanced Micro Devices, Inc.

1.12%

US30233Q1085

1.04%

Frequently asked questions about DMAX and BWVTF

DMAXvsBWVTFETF Comparison

iShares Large Cap Max Buffer Dec ETF

iPath CBOE S&P 500 BuyWrite Index ETN

DMAX vs BWVTF performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the DMAX and BWVTF ETFs performed in 2026?

As of August 28, 2026, DMAX is up 4.05% year-to-date (YTD), while BWVTF has returned 10.4%. That puts BWVTF better performer ahead so far this year.

Which ETF is attracting more investor money: DMAX or BWVTF?

Year-to-date, the DMAX ETF saw +$50M in flows, compared to -$126K for BWVTF.

Which ETF is more volatile: DMAX or BWVTF?

Over the past year, DMAX had a volatility of 2.23%, while BWVTF experienced 7.52%.

Which ETF is bigger: DMAX or BWVTF?

As of August 28, 2026, DMAX holds $136.36 M in assets under management (AUM), while BWVTF manages $1.56 M.

What sectors do the DMAX and BWVTF ETFs invest in?

DMAX leans toward sectors like Technology, Finance and Healthcare. Meanwhile, BWVTF focuses on Technology, Finance and Healthcare.

What are the top holdings of the DMAX ETF and BWVTF ETF?

DMAX top holdings include Apple, Inc., NVIDIA Corp. and Microsoft Corp.. BWVTF holds in its top three: Apple, Inc., NVIDIA Corp. and Microsoft Corp..

Which ETF is more diversified: DMAX or BWVTF?

DMAX holds 504 securities with 45.18% of its assets in the top 15. BWVTF has 503 securities and a top 15 weight of 43.4%.

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