iShares S&P 500 BuyWrite ETF (IVVW)Derivative Income | Exchange Traded Fund | Cboe US
44.67 USD
-0.31
(-0.689%) ⇩
(Oct. 16, 2026, 1:28 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 2:02 a.m. EDT
The iShares S&P 500 BuyWrite ETF presents a classic case of high yield masking structural stagnation. While the 5.9% dividend yield is attractive on paper, the underlying business model is severely capped; the fund's strategy relies on selling options against a broad index, which inherently limits capital appreciation potential regardless of how well the S&P 500 performs. This structural ceiling is confirmed by the price history, which shows an 8.2% decline over the last year despite the massive dividend payouts. The recent price action confirms this weakness, trading below both its 50-day and 200-day moving averages, signaling that the market is discounting the future growth prospects heavily. The options data offers no counter-signal, showing virtually no speculative interest or hedging activity, which leaves the security isolated from broader market sentiment. For investors seeking income, the yield comes at the cost of significant opportunity loss, making it a mediocre hold rather than a compelling investment. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.021232 |
| AutoARIMA | 0.021450 |
| AutoTheta | 0.021982 |
| MSTL | 0.022107 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 56% |
| H-stat | 2.24 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 2.00 |
| Attribute | Value |
|---|---|
| Trailing P/E | 23.80 |
As of Oct. 10, 2026, 2:02 a.m. EDT: Options activity is negligible with zero volume across nearly all strikes and expirations. The sparse open interest suggests a lack of active speculative positioning or hedging demand, indicating the market is effectively ignoring this instrument for directional bets.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.98% | 17.40% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-10-02 | 0.884 | 1.975419 |
| 2026-09-02 | 0.287 | 0.634044 |
| 2026-08-04 | 0.427 | 0.949733 |
| 2026-07-02 | 0.004 | 0.009058 |
| 2026-06-02 | 0.831 | 1.877966 |
| 2026-05-04 | 0.588 | 1.329414 |
| 2026-04-02 | 0.852 | 1.974507 |
| 2026-03-03 | 0.548 | 1.226225 |
| 2026-02-03 | 0.576 | 1.270794 |
| 2025-12-23 | 0.660 | 1.450549 |
| 2025-12-02 | 1.420 | 3.129132 |
| 2025-11-04 | 0.730 | 1.578037 |
| 2025-10-02 | 0.719 | 1.564234 |
| 2025-09-03 | 0.493 | 1.087340 |
| 2025-08-04 | 0.645 | 1.423653 |
| 2025-07-02 | 0.655 | 1.443367 |
| 2025-06-03 | 0.753 | 1.686790 |
| 2025-05-02 | 0.683 | 1.530498 |
| 2025-04-02 | 0.807 | 1.752824 |
| 2025-03-04 | 0.329 | 0.691656 |
| 2025-02-04 | 0.554 | 1.113053 |
| 2024-12-20 | 1.011 | 2.070660 |
| 2024-12-03 | 0.433 | 0.857816 |
| 2024-11-04 | 0.620 | 1.280992 |
| 2024-10-02 | 1.006 | 2.048171 |
| 2024-09-04 | 1.012 | 2.056075 |
| 2024-08-02 | 0.361 | 0.748171 |
| 2024-07-02 | 0.574 | 1.157702 |
| 2024-06-04 | 0.408 | 0.835552 |
| 2024-05-02 | 0.622 | 1.286480 |
| 2024-04-02 | 0.669 | 1.343508 |
| Attribute | Value |
|---|---|
| All Time High | 51.195 |
| All Time Low | 38.57 |
| Ask | 44.71 |
| Ask Size | 1,600 |
| Average Daily Volume10 Day | 23,980 |
| Average Daily Volume3 Month | 40,046 |
| Average Volume | 40,046 |
| Average Volume10Days | 23,980 |
| Beta3 Year | 0.0 |
| Bid | 44.63 |
| Bid Size | 400 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 45.1188 |
| Day Low | 44.62 |
| Dividend Yield | 5.9 |
| Eps Trailing Twelve Months | 1.8772374 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 45.25994 |
| Fifty Day Average Change | -0.58994293 |
| Fifty Day Average Change Percent | -0.01303455 |
| Fifty Two Week Change Percent | -2.773273 |
| Fifty Two Week High | 47.247 |
| Fifty Two Week High Change | -2.5770035 |
| Fifty Two Week High Change Percent | -0.054543216 |
| Fifty Two Week Low | 42.5 |
| Fifty Two Week Low Change | 2.1699982 |
| Fifty Two Week Low Change Percent | 0.05105878 |
| Fifty Two Week Range | 42.5 - 47.247 |
| First Trade Date Milliseconds | 1,710,509,400,000 |
| Full Exchange Name | Cboe US |
| Fullday Change | -0.31000137 |
| Fullday Change Percent | -0.6893607 |
| Fullday Price | 44.67 |
| Fund Family | iShares |
| Fund Inception Date | 1,710,374,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The index is designed to measure the performance of a strategy of holding the iShares Core S&P 500 ETF while writing (selling) one-month call options primarily on the S&P 500 Index to generate income. The fund seeks to achieve its investment objective by investing a substantial portion of its assets in the underlying fund and options on the option index. |
| Long Name | iShares S&P 500 BuyWrite ETF |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_1861769190 |
| Nav Price | 44.97374 |
| Net Assets | 350,562,976.0 |
| Net Expense Ratio | 0.25 |
| Open | 45.18 |
| Phone | 415-670-2000 |
| Previous Close | 44.98 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.31000137 |
| Regular Market Change Percent | -0.6893607 |
| Regular Market Day High | 45.1188 |
| Regular Market Day Low | 44.62 |
| Regular Market Day Range | 44.62 - 45.1188 |
| Regular Market Open | 45.18 |
| Regular Market Previous Close | 44.98 |
| Regular Market Price | 44.67 |
| Regular Market Time | 1,792,171,703 |
| Regular Market Volume | 18,774 |
| Short Name | iShares S&P 500 BuyWrite ETF |
| Source Interval | 15 |
| Symbol | IVVW |
| Total Assets | 350,562,976 |
| Tradeable | 0 |
| Trailing P E | 23.795603 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 4.76244 |
| Trailing Three Month Returns | 4.76244 |
| Triggerable | 1 |
| Two Hundred Day Average | 44.79719 |
| Two Hundred Day Average Change | -0.12719345 |
| Two Hundred Day Average Change Percent | -0.0028393175 |
| Type Disp | ETF |
| Volume | 18,774 |
| Yield | 0.059 |
| Ytd Return | 10.65047 |