TLTW vs. BUYW ETF Comparison

Comparison of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW) to Main BuyWrite ETF (BUYW)

TLTW

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF

TLTW Description

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF is an exchange traded fund launched by BlackRock, Inc. It is managed by BlackRock Fund Advisors. The fund invests in fixed income markets of the United States. The fund invests through derivatives in U.S. dollar denominated fixed rate U.S. treasury securities with remaining maturity of greater than or equal to twenty years. It employs long/short strategy and uses derivatives such as options to create its portfolio. The fund seeks to track the performance of the Cboe TLT 2% OTM BuyWrite Index, by using representative sampling technique. IShares 20+ Year Treasury Bond BuyWrite Strategy ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$26.47

Average Daily Volume

437,973

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

BUYW

Main BuyWrite ETF

BUYW Description

The fund invests in domestic and international exchange-traded funds (ETFs) to provide investors with sustained exposure to domestic and foreign equity markets over time. The fund also uses the Adviser"s "BuyWrite" strategy, an investment strategy of writing (selling) call options on a security owned by the fund to generate additional returns from the option premium. The fund also seeks returns by writing (selling) secured put options.

Grade (RS Rating)

Last Trade

$13.63

Average Daily Volume

128,287

Number of Holdings ^*

6

* may have additional holdings in another (foreign) market

Performance

Period	TLTW	BUYW
30 Days	5.04%	0.28%
60 Days	4.26%	0.94%
90 Days	5.04%	1.96%
12 Months	-5.79%	8.40%

1 Overlapping Holdings

	Symbol	Grade	Weight in TLTW	Weight in BUYW	Overlap
	TLT	B	99.3%	9.78%	9.78%

TLTW Overweight 0 Positions Relative to BUYW

	Symbol	Grade	Weight

TLTW Underweight 5 Positions Relative to BUYW

	Symbol	Grade	Weight
	SPY	B	-57.06%
	SMH	D	-15.77%
	XLC	C	-12.25%
	XBI	B	-11.73%
	XLU	A	-10.81%

TLTW: Top Represented Industries & Keywords

Industries:

Keywords: Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market ETF Exchange Traded Fund Government Bonds U.S. Government U.S. Treasury

BUYW: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Stock Market Index Biotechnology Biotechnology Segment Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market Depositary Receipt Electric Utilities Gas Utilities Global Industry Classification Standard Government Bonds Index Fund Interactive Media Investment Management Multi Utilities Power Producer S&P 500 Index CBOE S&P Total Market Index (