# TEND (iShares Large Cap 10% Target Buffer Dec ETF)

iShares · Buffer ETFs · data as of Sep 10, 2026

As of Sep 10, 2026, TEND sits between its buffer and its cap, with IVV up 11.2% since the period began.

## Key facts

- TEND, can still gain: 6.3%, as of Sep 10, 2026.
- TEND, fall before the buffer: 8.9%, as of Sep 10, 2026.
- TEND, protection left, index points: 9.5%, as of Sep 10, 2026.
- TEND, days to reset: 112, as of Sep 10, 2026.
- TEND, net assets: $228m (source, as filed for Apr 30, 2026).
- TEND, expense ratio: 0.50% (issuer page, Sep 10, 2026).

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Reference index | IVV | ETFIQ |
| Buffer | 0% to 10% | ETFIQ |
| Outcome period | Jan 1, 2026 to Dec 31, 2026 | ETFIQ |
| Starting cap | +16.1% | ETFIQ |
| IVV return since period start | +11.2% | ETFIQ |
| Fund return since period start | not published | ETFIQ |
| Net assets | $228m | source, as filed for Apr 30, 2026 |
| Band state today | Open | ETFIQ |
| Can still gain | 6.3% | issuer, fund price |
| Fall before buffer | 8.9% | issuer, fund price |
| Fall to the buffer in index terms | 10.5% | ETFIQ |
| Protection left in index points | 9.5% of 9.5% | ETFIQ |
| Days left in period | 112 | ETFIQ |
| Expense ratio | 0.50% | issuer page, Sep 10, 2026 |

## Questions

### How much can TEND still gain?

About 6.3% from its price on Sep 10, 2026, before it reaches its cap, by the issuer's published figure. The cap for the period was set at +16.1%.

### How far can TEND fall before the buffer helps?

8.9% in fund-price terms on Sep 10, 2026, by the issuer's figure. In index terms IVV can fall 10.5% from that level before the buffer begins. Losses until that point are the holder's.

### How much of the TEND buffer is left?

9.5% of the 9.5% buffer sat below the IVV level on Sep 10, 2026. That is an ETFIQ calculation in index points, on one definition for every issuer.

### When does TEND reset?

The outcome period ends on Dec 31, 2026, 112 days from the data on Sep 10, 2026. A new cap is set the next day and the buffer starts again.

### What does TEND cost?

The prospectus expense ratio is 0.50% a year.


## Cite this page

ETFIQ, TEND, data as of Sep 10, 2026. https://etfiq.com/funds/TEND
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/TEND  ·  JSON: https://etfiq.com/funds/TEND.json
