ATFV vs MMAX
Alger 35 ETF vs iShares Large Cap Max Buffer Mar ETF
Which is better, ATFV or MMAX?
ATFV has been ahead.
MMAX has a lower expense ratio. ATFV led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ATFV | MMAX |
|---|---|---|
| Expense Ratio | 0.55% | 0.50%Best |
| AUM | $629M | $74M |
| Dividend Yield | 0.17% | 0.76% |
| Holdings | 36 | 7 |
| YTD Return | +10.86%Best | +4.90% |
| 1Y Return | +11.47%Best | +5.24% |
| 3Y Return (annualized) | +37.88% | - |
| 5Y Return (annualized) | +12.24% | - |
| Volatility (annualized) | 25.2% | 1.4%Best |
| Max Drawdown | -18.3% | -1.9%Best |
| $10,000 over 1.5 years | $17,332Best | $10,944 |
| Fund Family | Alger | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | May 4, 2021 | Mar 31, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Apr 1, 2025 to Oct 14, 2026 (1.5 years).
ATFV vs MMAX growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
ATFV vs MMAX Performance
Alger 35 ETF (ATFV) is an ETF from Alger and iShares Large Cap Max Buffer Mar ETF (MMAX) is an ETF from iShares by BlackRock (US). Over the past year ATFV returned +11.47% while MMAX returned +5.24%. Year to date, ATFV is up 10.86% versus a gain of 4.90% for MMAX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ATFV has been the more volatile fund, with annualized monthly volatility of 25.2% compared with 1.4% for MMAX. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -18.3% for ATFV and -1.9% for MMAX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.61. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ATFV charges 0.55% per year while MMAX charges 0.50%. On a $10,000 position that is $55 vs $50 annually, a gap of $5 per year that compounds over a long holding period. On income, ATFV currently yields 0.17% against 0.76% for MMAX.
You are not choosing between two funds in isolation.
Whichever of ATFV and MMAX you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ATFV or MMAX?
ATFV has an expense ratio of 0.55% while MMAX charges 0.50%. MMAX is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, ATFV or MMAX?
Over the past year ATFV returned +11.47% vs +5.24% for MMAX, so ATFV leads on 1-year performance. Over the longest common window we track (2 years), ATFV annualized +44.29% vs +6.20% for MMAX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ATFV or MMAX?
ATFV has been the more volatile fund at 25.2% annualized versus 1.4% for MMAX. Worst drawdown: ATFV -18.3% vs MMAX -1.9%.
Should I hold both ATFV and MMAX?
ATFV and MMAX have a monthly-return correlation of 0.61, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, ATFV or MMAX?
ATFV yields 0.17% while MMAX yields 0.76%, so MMAX currently pays the higher dividend yield.
Is MMAX better than ATFV?
MMAX has a lower expense ratio. ATFV led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.