About this ETF
The Main BuyWrite Fund seeks to deliver attractive risk-adjusted total returns relative to its peers in the Morningstar Option Writing Category. It accomplishes this by building a portfolio of Exchange Traded Funds (ETFs) that are selected through a fundamental "reversion to the mean" analysis. Furthermore, the fund implements a covered call writing (selling) strategy to help mitigate overall market volatility.
Description from the fund data provider · profile as of Oct 10, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -0.21% | +0.28% | +2.32% | +1.75% | +2.39% | +2.81% | — | — | +3.69% |
| Total return | -0.21% | +0.76% | +4.37% | +5.27% | +7.53% | +8.82% | — | — | +9.31% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.99% | Annual cost of a $10,000 investment | $99.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 21 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | STATE STREET SPD | SPYM | 42.59% | 6.73M | $616.8M |
| 2 | ISHARES-C S&P500 | IVV | 16.04% | 297.10K | $232.3M |
| 3 | SS ENERGY SELECT | XLE | 12.60% | 2.80M | $182.4M |
| 4 | INVES NASDAQ 100 | QQQM | 12.17% | 569.60K | $176.2M |
| 5 | SS FINANCIAL SEL | XLF | 10.38% | 2.75M | $150.3M |
| 6 | SS UTILITIES SEL | XLU | 10.01% | 3.50M | $145.0M |
| 7 | SS HEALTH CARE | XLV | 9.60% | 814.10K | $139.1M |
| 8 | SS-INS TR MM-PRM | TRIXX | 1.97% | 28.54M | $28.5M |
| 9 | ISHARES 0-5 YEAR TIPS BON | STIP | 1.27% | 183.31K | $18.4M |
| 10 | Receivables/Payables | RECPAY | 0.09% | 1.28M | $1.3M |
| 11 | US DOLLAR BROKER | USDB | 0.04% | 594.59K | $594.6K |
| 12 | IVV US 12/18/26 C700 | — | -0.02% | -40 | -$361.8K |
| 13 | XLV US 12/18/26 C152 | — | -0.03% | -250 | -$496.2K |
| 14 | XLE US 12/31/26 C52 | — | -0.31% | -3.22K | -$4.5M |
| 15 | XLU US 12/18/26 C41 | — | -0.39% | -35.02K | -$5.7M |
| 16 | XLF US 12/18/26 C53 | — | -0.58% | -27.46K | -$8.3M |
| 17 | XLV US 12/18/26 C145 | — | -1.47% | -7.89K | -$21.2M |
| 18 | QQQM US 12/18/26 C270 | — | -1.70% | -5.70K | -$24.7M |
| 19 | SPX US 12/18/26 C7000 | — | -2.73% | -446 | -$39.6M |
| 20 | XLE US 12/31/26 C48 | — | -3.07% | -24.81K | -$44.4M |
| 21 | SPX US 12/18/26 C6400 | — | -6.45% | -637 | -$93.4M |
Click a ticker to see every ETF that owns it.
Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 5.91% | Paid (last 12 months) | $0.8616 |
| Frequency | Monthly | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Sep 24, 2026 | Last payment | $0.0727 (Sep 29, 2026) |
| Growth 1Y | +2.68% | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Sep 24, 2026 | Sep 24, 2026 | Sep 29, 2026 | $0.0727 |
| Aug 26, 2026 | Aug 26, 2026 | Aug 31, 2026 | $0.0730 |
| Jul 24, 2026 | Jul 24, 2026 | Jul 29, 2026 | $0.0728 |
| Jun 25, 2026 | Jun 25, 2026 | Jun 30, 2026 | $0.0722 |
| May 21, 2026 | May 21, 2026 | May 26, 2026 | $0.0721 |
| Apr 23, 2026 | Apr 23, 2026 | Apr 28, 2026 | $0.0718 |
| Mar 26, 2026 | Mar 26, 2026 | Mar 31, 2026 | $0.0705 |
| Feb 19, 2026 | Feb 19, 2026 | Feb 24, 2026 | $0.0714 |
| Jan 22, 2026 | Jan 22, 2026 | Jan 27, 2026 | $0.0715 |
| Dec 23, 2025 | Dec 23, 2025 | Dec 29, 2025 | $0.0716 |
| Nov 21, 2025 | Nov 21, 2025 | Nov 26, 2025 | $0.0708 |
| Oct 24, 2025 | Oct 24, 2025 | Oct 29, 2025 | $0.0712 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 5.06% / 7.62% | Sharpe 1Y / 3Y | 0.806 / 0.674 |
| Max drawdown 1Y / 3Y | -2.65% / -9.36% | Sortino 1Y | 1.22 |
| Beta vs S&P 500 (3Y) | 0.387 | Correlation vs S&P 500 (1Y) | 0.58 |
| Downside deviation 1Y | 3.36% | Risk-free rate used | 4.05% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 11, 2026. Formulas →
Liquidity
| Volume today | 290.20K | Average volume | 393.67K |
| AUM | $1.44B | Premium/Discount | +0.21% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $0.00 | 0.00% | $1.44B → $1.44B |
| 1 Month | $80.6M | +5.92% | $1.36B → $1.44B |
| 1 Week | $6.3M | +0.44% | $1.43B → $1.44B |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for BUYW
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.
BUYW