TLTW iShares 20+ Year Treasury Bond BuyWrite Strategy ETF
Quote as of Aug 26, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 21.49 | Day Range | 21.42 – 21.47 |
| 52-Week Range | 20.97 – 24.08 | Volume | 1.68M |
| Avg Volume | 1.48M | AUM | $1.84B (Aug 27, 2026) |
| Expense Ratio | 0.35% | Yield (TTM) | 10.85% |
| NAV | 21.48 | Premium/Discount | -0.05% indicative |
| Inception | Aug 18, 2022 | Holdings | 1 |
| Issuer | iShares | Exchange | CBOE |
| Category | Treasury Bonds | Index Tracked | Not stated in source data |
| CUSIP | 46436E338 | ISIN | US46436E3383 |
| Structure | Option Income | ||
| Management | Not stated in source data | ||
About this ETF
The iShares 20+ Year Treasury Bond BuyWrite Strategy ETF aims to replicate the performance of an index that implements a dual investment strategy. This strategy involves holding positions in the iShares 20+ Year Treasury Bond ETF while simultaneously generating income through the routine sale of one-month covered call options on those underlying assets.
Description from the fund data provider · profile as of Aug 27, 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 | -0.32% | -2.67% | -8.04% | -5.21% | -5.91% | -11.19% | — | — | -14.02% |
| Total return | +0.42% | -0.37% | -3.63% | +0.09% | +4.27% | +1.95% | — | — | -0.52% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 25, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.35% | Annual cost of a $10,000 investment | $35.00 |
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 Aug 26, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 49 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | TREASURY BOND 4.75% 05/15/2055 | — | 4.53% | 891.60K | $83.5M |
| 2 | TREASURY BOND 4.63% 05/15/2054 | — | 4.48% | 897.57K | $82.4M |
| 3 | TREASURY BOND 4.13% 08/15/2053 | — | 4.20% | 915.12K | $77.3M |
| 4 | TREASURY BOND 4.25% 02/15/2054 | — | 4.05% | 865.20K | $74.6M |
| 5 | TREASURY BOND 4.75% 11/15/2053 | — | 3.99% | 785.46K | $73.5M |
| 6 | TREASURY BOND (2OLD) 4.75% 02/15/2056 | — | 3.96% | 778.22K | $72.9M |
| 7 | TREASURY BOND 4.25% 08/15/2054 | — | 3.96% | 845.42K | $72.9M |
| 8 | TREASURY BOND 4.63% 02/15/2055 | — | 3.82% | 766.24K | $70.3M |
| 9 | TREASURY BOND 1.88% 11/15/2051 | — | 3.82% | 1.33M | $70.3M |
| 10 | TREASURY BOND 4.50% 11/15/2054 | — | 3.81% | 780.28K | $70.1M |
| 11 | TREASURY BOND 4.63% 11/15/2055 | — | 3.77% | 756.94K | $69.4M |
| 12 | TREASURY BOND 2.00% 08/15/2051 | — | 3.54% | 1.19M | $65.2M |
| 13 | TREASURY BOND (OLD) 5.00% 05/15/2056 | — | 3.19% | 601.98K | $58.7M |
| 14 | TREASURY BOND 3.63% 05/15/2053 | — | 3.17% | 756.49K | $58.4M |
| 15 | TREASURY BOND 4.00% 11/15/2052 | — | 2.99% | 665.35K | $55.1M |
| 16 | TREASURY BOND 4.75% 08/15/2055 | — | 2.97% | 583.37K | $54.6M |
| 17 | TREASURY BOND 3.63% 02/15/2053 | — | 2.77% | 659.06K | $51.0M |
| 18 | TREASURY BOND 3.00% 08/15/2048 | — | 2.76% | 714.18K | $50.8M |
| 19 | TREASURY BOND 3.00% 02/15/2049 | — | 2.69% | 700.71K | $49.6M |
| 20 | TREASURY BOND 3.13% 05/15/2048 | — | 2.68% | 675.82K | $49.3M |
| 21 | TREASURY BOND 1.38% 08/15/2050 | — | 2.57% | 999.47K | $47.3M |
| 22 | TREASURY BOND 1.88% 02/15/2051 | — | 2.49% | 854.70K | $45.9M |
| 23 | TREASURY BOND 3.38% 11/15/2048 | — | 2.48% | 601.42K | $45.7M |
| 24 | TREASURY BOND 1.63% 11/15/2050 | — | 2.46% | 897.12K | $45.3M |
| 25 | TREASURY BOND 3.00% 02/15/2048 | — | 2.13% | 547.95K | $39.2M |
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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) | 10.85% | Paid (last 12 months) | $2.3308 |
| Frequency | Monthly | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | Aug 04, 2026 | Last payment | $0.1523 (Aug 07, 2026) |
| Growth 1Y | -40.36% | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Aug 04, 2026 | Aug 04, 2026 | Aug 07, 2026 | $0.1523 |
| Jul 02, 2026 | Jul 02, 2026 | Jul 08, 2026 | $0.1347 |
| Jun 02, 2026 | Jun 02, 2026 | Jun 05, 2026 | $0.2172 |
| May 04, 2026 | May 04, 2026 | May 07, 2026 | $0.1214 |
| Apr 02, 2026 | Apr 02, 2026 | Apr 08, 2026 | $0.2115 |
| Mar 03, 2026 | Mar 03, 2026 | Mar 06, 2026 | $0.2040 |
| Feb 03, 2026 | Feb 03, 2026 | Feb 06, 2026 | $0.1742 |
| Dec 23, 2025 | Dec 23, 2025 | Dec 29, 2025 | $0.1869 |
| Dec 02, 2025 | Dec 02, 2025 | Dec 05, 2025 | $0.1876 |
| Nov 04, 2025 | Nov 04, 2025 | Nov 07, 2025 | $0.3783 |
| Oct 02, 2025 | Oct 02, 2025 | Oct 07, 2025 | $0.1445 |
| Sep 03, 2025 | Sep 03, 2025 | Sep 08, 2025 | $0.2183 |
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 | 8.07% / 10.03% | Sharpe 1Y / 3Y | 0.112 / -0.124 |
| Max drawdown 1Y / 3Y | -6.33% / -11.84% | Sortino 1Y | 0.16 |
| Beta vs S&P 500 (3Y) | 0.127 | Correlation vs S&P 500 (1Y) | 0.266 |
| Downside deviation 1Y | 5.67% | Risk-free rate used | 3.72% (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 Aug 26, 2026. Formulas →
Liquidity
| Volume today | 1.68M | Average volume | 1.48M |
| AUM | $1.84B | Premium/Discount | -0.05% |
| 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 | $12.1M | +0.66% | $1.83B → $1.84B |
| 1 Week | $28.4M | +1.57% | $1.81B → $1.84B |
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 TLTW
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.