Key stats
About ISHARES TRUST &P 500 BUYWRITE ETF
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Inception date
Mar 14, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
IVVW aims to distribute monthly income from option premiums and dividends, subject to a 2% cap of the fund’s NAV per month. Through a covered call strategy, the index mirrors the large-cap US sector while simultaneously writing one-month call options. Specifically, these options reference the iShares Core S&P 500 ETF (IVV) and will have strike prices set at 101% of the closing value of the option index. This approach allows investors to benefit from market stability while potentially enhancing returns through premiums. The fund utilizes European-style call options, which means they can only be exercised on the expiration date. The fund may adjust its option writing strategy based on prevailing market conditions and avoid options with minimal income potential. Investors should be aware that distributions may exceed earnings and profits, potentially resulting in a return of capital. The index is rebalanced monthly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.27%
Cash0.73%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
IVVW last dividends amounted to 13.38 MXN. The month before, the issuer paid 16.33 MXN in dividends, which shows a 22.12% decrease.
IVVW assets under management is 801.13 M MXN. It's risen 5.95% over the last month.
IVVW fund flows account for 540.34 M MXN (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, IVVW pays dividends to its holders with the dividend yield of 17.30%. The last dividend (May 7, 2025) amounted to 13.38 MXN. The dividends are paid monthly.
IVVW shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Mar 14, 2024, and its management style is Passive.
IVVW expense ratio is 0.25% meaning you'd have to pay 0.25% of your investment to help manage the fund.
IVVW follows the Cboe S&P 500 Enhanced 1% OTM BuyWrite Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
IVVW invests in funds.
IVVW price has fallen by −0.68% over the last month, and its yearly performance shows a −0.68% decrease. See more dynamics on IVVW price chart.
NAV returns, another gauge of an ETF dynamics, showed a −10.71% decrease in three-month performance and has decreased by −10.17% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −10.71% decrease in three-month performance and has decreased by −10.17% in a year.
IVVW trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.