TWOX iShares Large Cap Accelerated Outcome ETF

From Jan 16, 2025 to Oct 20, 2026, TWOX returned 22.6%, against 30.0% for SPY.

none
Buffer, by its prospectus
not read by ETFIQ
Cap before fees, by its prospectus
+22.6%
Return since listing

Ask IQ about this page

Ask IQ about TWOX

Answers cite the figures on this page.

Get the week's ETF fund flows by email, every Monday.

Plus the Friday ETF note. Confirm from the link that arrives, and unsubscribe in one click. See Privacy.

Price, 1 year

$30.45+0.2%1 day, priceClose, Oct 20, 2026

Price only. Total return over the same days, distributions reinvested, was +12.4%. Computed by ETFIQ from Tiingo daily prices.

Source: Tiingo end-of-day prices. Data as of Oct 20, 2026. Updated every trading night. Report a data error

Points (pts) are percentage points.

TWOX returns by window: total return, cash paid and price change
WindowTotal returnSPY price returnGap to SPY
1M +1.2%+1.0%+0.2 pts
3M +4.4%+2.8%+1.7 pts
6M +8.6%+9.2%−0.7 pts
YTD +8.2%+12.8%−4.6 pts
1Y +12.4%+14.6%−2.2 pts
Since launch +22.6%+30.0%−7.4 pts
Since launch, annualised +12.3%––

Total return at closing prices, distributions reinvested. SPY's column is its price return, dividends left out: the basis the outcome period uses. Year to date runs from the last close of the year before. Annualised is the steady yearly rate that gives the since-launch total over the same days. Not shown: 3 years, which the fund has not been listed long enough to fill (listed Jan 2025); its since-launch row covers all of its record. Source: ETFIQ.

Source: Tiingo end-of-day prices, with distributions reinvested. Data as of Oct 20, 2026. Updated every trading night. Report a data error

TWOX key stats

52-week high, daily closes to Oct 20, 2026 (ETFIQ)$30.71 on Oct 13, 2026
52-week low, daily closes to Oct 20, 2026 (ETFIQ)$26.01 on Mar 30, 2026
Close on Oct 20, 2026, within that range (ETFIQ)$30.45, 95% of the way from the low to the high
Range, beta and R-squared computed by ETFIQ from Tiingo daily prices.

About TWOX

KindAccelerated ETF
ReferenceSPY (iShares Core S&P 500 ETF)
Outcome period (prospectus)from Oct 1, 2026 to Dec 31, 2026
Buffer (prospectus)no buffer: it bears every loss in SPY
Cap (prospectus)a cap its prospectus states only for the period that ended on Dec 31, 2025
Upside (prospectus)2 times SPY’s gain
Cap left, buffer left and days leftnot read by ETFIQ
First tradedJan 16, 2025
Expense ratio (485BPOS XBRL, Nov 21, 2025)0.50%Report
Prospectus497K filed Nov 28, 2025
How we measure
Terms from the fund’s own summary prospectus, with its filing date; returns from exchange closing prices. How these figures are computed

Questions people ask about TWOX

What does TWOX protect against?
Its prospectus says it has no buffer: it bears every loss in SPY.
Does TWOX have a cap?
Its prospectus states a cap its prospectus states only for the period that ended on Dec 31, 2025.
When does TWOX reset?
Its prospectus sets its outcome from Oct 1, 2026 to Dec 31, 2026.
Sources and dates
Prices, TWOX and SPY price returnTiingo end-of-day · Oct 20, 2026

ETFIQ links to the documents behind every figure; a link is not an endorsement.

Cite this pageCitation, APA and Markdown

ETFIQ, TWOX, buffer ETFs, data as of Oct 20, 2026. https://etfiq.com/funds/twox

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

Buffer
The first slice of loss the fund absorbs for you over its outcome period, stated on the reference index. A 15% buffer means the index can fall 15% before you take any of it.
The most the fund can return over the period if held from the first day to the last. Quoted gross and net of fees. Set by the option market on day one, so the same fund can have a different cap each year.
The window, usually twelve months and sometimes six or three, over which the buffer and, where there is one, the cap apply. On its last day the options expire, the fund resets, and fresh terms are struck from that day’s option prices.
Reset
The day one outcome period ends and the next begins, with a fresh buffer and fresh terms struck at that day’s level.
How much of the buffer still sits below today’s index level. All of it when the index is above its starting level; less once the index is inside the buffer range.
Get the weekly ETF note

Four ranked ETF lists in one email every Friday morning. The last note

Confirm from the link that arrives, and unsubscribe in one click. See Privacy.