XCHGvsMMAXETF Comparison
VS
AB US Equity ETF (XCHG) belongs to the US Large Cap segment. iShares Large Cap Max Buffer Mar ETF (MMAX) is part of the Options Strategies segment. Both ETFs have the same top 3 sector exposures: Information Technology, Financials and Communication Services. XCHG is less expensive with a Total Expense Ratio (TER) of 0.5%, versus 0.53% for MMAX. XCHG is up 5% year-to-date (YTD) with -$2M in YTD flows. MMAX performs worse with 2.53% YTD performance, and +$37M in YTD flows. Run a side-by-side ETF comparison of XCHG and MMAX below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
XCHG vs MMAX performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 05/01/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | XCHG MMAX | +9.66%+1.17% | +3.02%+2.07% | +5.00%+2.53% | n/a+8.33% | n/an/a | n/an/a |
| Flows | XCHG MMAX | -$1M+$9M | -$2M+$37M | -$2M+$37M | -+$38M | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | XCHG MMAX | +15.18%+1.38% | n/a+1.64% | n/an/a | n/an/a |
| Max drawdown | XCHG MMAX | -9.49%-0.13% | n/a-0.45% | n/an/a | n/an/a |
| Max drawdown duration | XCHG MMAX | 64d4d | n/a4d | n/an/a | n/an/a |
Trading data
XCHG | MMAX | |
Last sale 5/5/2026 at 1:30 PM | $26.27 | $26.92 |
| Previous close 05/04/2026 | $26.11 | $26.88 |
| Consolidated volume 05/04/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Advertisement
Main metrics
Last update 5/5/2026 at 1:30 PM
Live
Closed
XCHG | MMAX | |
|---|---|---|
| Last price | $26.27 | $26.92 |
| 1D performance | +0.61% | +0.15% |
| AuM | $685.82 M | $72.01 M |
| E/R | 0.5% | 0.53% |
Characteristics
XCHG | MMAX | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | AllianceBernstein | iShares |
| Benchmark | - | - |
| N° of holdings | 2875 | 478 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 15, 2025 | April 4, 2025 |
| ESG | No | No |
Advertisement
Exposure
Countries
XCHG
USA
94.9%
Other
5.1%
MMAX
USA
95.27%
Other
4.73%
Sectors
XCHG
Information Techn.
30.66%
Financials
11.83%
Communication Ser.
11.77%
Health Care
9.6%
Consumer Discreti.
9.38%
Industrials
7.97%
Other
18.79%
MMAX
Information Techn.
32.72%
Financials
10.02%
Communication Ser.
9.87%
Consumer Discreti.
9.66%
Health Care
8.99%
Industrials
8.03%
Other
20.71%
Advertisement
Diversification
XCHG
Total weight of top 15 holdings out of 15
47.11%
MMAX
Total weight of top 15 holdings out of 15
41.83%
Top 15 holdings
Data as of March 31, 2026
XCHG
NVIDIA
7.74%
MICROSOFT-T
5.92%
APPLE
5.17%
AMAZON.COM INC
4.61%
ALPHABET INC-CL
3.42%
META PLATFORMS
3.22%
BROADCOM LIMITED
3.16%
VISA INCORPORATION
2.77%
ALPHABET INC-CL
2.22%
CHARLES SCHWAB
1.63%
US36828A1016
1.58%
US8740391003
1.47%
WELLS FARGO
1.41%
THERMO FISHER SCIENTIFIC
1.39%
WALT DISNEY
1.39%
MMAX
NVIDIA
7.31%
APPLE
6.42%
MICROSOFT-T
4.74%
AMAZON.COM INC
3.51%
ALPHABET INC-CL
2.89%
BROADCOM LIMITED
2.53%
ALPHABET INC-CL
2.31%
META PLATFORMS
2.16%
TESLA
1.80%
US0669224778
1.79%
BERKSHIRE HATHWAY
1.52%
JPMORGAN CHASE
1.37%
LILLY
1.26%
EXXON
1.22%
JOHNSON&JOHNSON
1.02%
Frequently asked questions about XCHG and MMAX
How have the XCHG and MMAX ETFs performed in 2026?
As of May 1, 2026, XCHG is up 5% year-to-date (YTD), while MMAX has returned 2.53%. That puts XCHG better performer ahead so far this year.
Which ETF is attracting more investor money: XCHG or MMAX?
Year-to-date, the XCHG ETF saw -$2M in flows, compared to +$37M for MMAX.
Which ETF is bigger: XCHG or MMAX?
As of May 1, 2026, XCHG holds $685.82 M in assets under management (AUM), while MMAX manages $72.01 M.
What sectors do the XCHG and MMAX ETFs invest in?
XCHG leans toward sectors like Information Technology, Financials and Communication Services. Meanwhile, MMAX focuses on Information Technology, Financials and Communication Services.
What are the top holdings of the XCHG ETF and MMAX ETF?
XCHG top holdings include NVIDIA, MICROSOFT-T and APPLE. MMAX holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: XCHG or MMAX?
XCHG holds 3593 securities with 47.11% of its assets in the top 15. MMAX has 504 securities and a top 15 weight of 41.83%.
Advertisement
Advertisement
