TLTW vs. WTBN ETF Comparison

Comparison of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW) to WisdomTree Bianco Total Return Fund (WTBN)

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

$24.87

Average Daily Volume

787,107

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

WTBN

WisdomTree Bianco Total Return Fund

WTBN Description

Under normal circumstances, the fund primarily invests in the constituent exchange-traded funds ("ETF") of the index. The index, created by Bianco Research Advisors LLC, is composed of approximately 5 to 20 fixed income ETFs that are specifically selected and weighted using a modified market-capitalization weighting scheme to achieve specified factor exposures.

Grade (RS Rating)

Last Trade

$25.18

Average Daily Volume

26,313

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	TLTW	WTBN
30 Days	-0.78%	0.12%
60 Days	-7.30%	-2.11%
90 Days	-5.84%	-1.25%
12 Months	-1.92%

0 Overlapping Holdings

	Symbol	Grade	Weight in TLTW	Weight in WTBN	Overlap

TLTW Overweight 1 Positions Relative to WTBN

	Symbol	Grade	Weight
	TLT	F	99.08%

TLTW Underweight 10 Positions Relative to WTBN

	Symbol	Grade	Weight
	MBB	C	-26.83%
	IEF	F	-10.03%
	SCHQ	F	-10.01%
	STIP	C	-10.01%
	USDU	A	-9.97%
	VCIT	D	-8.01%
	VCLT	D	-5.14%
	LQDB	D	-5.0%
	IEI	D	-2.0%
	SCHO	D	-1.5%

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

WTBN: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund Bloomberg Barclays Us Aggregate Bond Index Bond ETF U.S. Treasury Bond Market Bond Market Indices Corporate Bond Government Bonds U.S. Government Exchange Traded Funds Merrill Lynch Yield Barclays Bear Market ETF Fannie Mae Federal Home Loan Mortgage Corporation Federal National Mortgage Association Fixed Income Freddie Mac