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Invesco S&P 500 BuyWrite ETF (PBP)

Derivative Income | Exchange Traded Fund | Cboe US
22.63 USD +0.16 (0.712%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 22.63
Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★★★★★
Hot Take | April 11, 2026, 3 p.m. EDT

PBP offers a high dividend yield, which is attractive for income-focused investors, but the recent price volatility and lack of consistent growth suggest it may not be the best long-term investment. The short-term outlook is uncertain, with mixed options signals, and the high yield could be a result of the fund's structure rather than strong fundamentals. Investors should consider the risks associated with covered call strategies and the potential for dividend cuts if the fund's performance declines.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.011546
AutoETS0.013743
MSTL0.014170
AutoARIMA0.014602

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 40%
H-stat 6.39
Ljung-Box p 0.000
Jarque-Bera p 0.034
Excess Kurtosis -0.04
Attribute Value
Trailing P/E 26.54

As of April 11, 2026, 3 p.m. EDT: The options activity indicates a mixed sentiment. For calls, there is minimal positioning with a notable put at the 21.0 strike with high IV (50%) and open interest, suggesting some bearish speculation. The puts at 21.72 and 21.0 strikes, along with the ATM put at 2026-09-18, imply potential downward pressure or caution from speculators. The low volume and open interest across most expirations suggest limited activity or uncertainty in the market.

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.88% 13.07% 10.63% 8.49%
Dividend History
Date Dividend Yield %
2026-03-23 0.193 0.879271
2026-02-23 0.204 0.906266
2026-01-20 0.213 0.964477
2025-12-22 0.574 2.587716
2025-11-24 0.222 1.031350
2025-10-20 0.175 0.830174
2025-09-22 0.175 0.850724
2025-08-18 0.220 1.085832
2025-07-21 0.118 0.587983
2025-06-23 0.221 1.119444
2025-05-19 0.214 1.099126
2025-04-21 0.210 1.130682
2025-03-24 0.168 0.846802
2025-02-24 0.207 1.002560
2025-01-21 0.216 1.042465
2024-12-23 0.203 0.997875
2024-11-18 0.211 1.076749
2024-10-21 0.189 0.975903
2024-09-23 0.227 1.188031
2024-08-19 0.174 0.925446
2024-07-22 0.163 0.885391
2024-06-24 0.164 0.906320
2024-05-20 0.201 1.126161
2024-04-22 0.172 0.975179
2024-03-18 0.175 0.986543
2024-02-20 0.174 1.007293
2024-01-22 0.154 0.898201
2023-12-18 0.157 0.931580
2023-11-20 0.210 1.273475
2023-10-23 0.168 1.041610
2023-09-18 0.060 0.359580
2023-06-20 0.061 0.369105
2023-03-20 0.070 0.443082
2022-12-19 0.065 0.431661
2022-09-19 0.068 0.454871
2022-06-21 0.066 0.432346
2022-03-21 0.070 0.407928
2021-12-20 1.279 7.608826
2021-09-20 0.061 0.377434
2021-06-21 0.067 0.422473
2021-03-22 0.029 0.192380
2020-12-21 0.090 0.634167
2020-09-21 0.059 0.449544
2020-06-22 0.058 0.464538
2020-03-23 0.082 0.806766
2019-12-23 0.960 6.465230
2019-09-23 0.090 0.628773
2019-06-24 0.088 0.617927
2019-03-18 0.057 0.414113
2018-12-26 0.232 1.820910
2018-12-24 0.088 0.713435
2018-09-24 0.082 0.567223
2018-06-18 0.080 0.571370
2018-03-19 0.029 0.210088
2017-12-27 1.272 9.326293
2017-12-18 0.085 0.618848
2017-09-18 0.500 3.764290
2017-06-16 0.473 3.631723
2016-12-27 0.176 1.433544
2016-12-16 0.144 1.178192
2016-09-16 0.079 0.672926
2016-06-17 0.103 0.890540
2016-03-18 0.043 0.382574
2015-12-24 0.339 2.954820
2015-12-18 0.121 1.068450
2015-09-18 0.272 2.438205
2015-06-19 0.304 2.636970
2015-03-20 0.033 0.294176
2014-12-24 0.172 1.557105
2014-12-19 0.089 0.812778
2014-09-19 0.320 2.840610
2014-06-20 0.421 3.817452
2014-03-21 0.025 0.230615
2013-12-24 0.007 0.066867
2013-12-20 0.692 6.651158
2013-09-20 0.340 3.457432
2013-06-21 0.297 3.087633
2013-03-15 0.039 0.403622
2012-12-24 0.145 1.557813
2012-12-21 0.402 4.322198
2012-09-21 0.090 0.930823
2012-06-15 0.124 1.349009
2012-03-16 0.099 1.057848
2011-12-27 0.110 1.230832
2011-12-16 1.836 21.207618
2011-09-16 0.071 0.884043
2011-06-17 0.091 1.070245
2011-03-18 0.027 0.321113
2010-12-28 1.357 15.912759
2010-12-17 0.116 1.372181
2010-09-17 0.065 0.813882
2010-06-18 0.061 0.779548
2010-03-19 0.053 0.649077
2009-12-18 0.082 1.018974
2009-09-18 0.065 0.862665
2009-06-19 0.090 1.297485
2009-03-20 0.093 1.500638
2008-12-19 0.072 1.136051
2008-09-19 0.058 0.650627
2008-06-20 0.238 2.703504
2008-03-25 0.053 0.590657
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 10.25

Info Dump

Attribute Value
All Time High 26.94
All Time Low 10.0
Ask 22.63
Ask Size 200
Average Daily Volume10 Day 27,410
Average Daily Volume3 Month 54,008
Average Volume 54,008
Average Volume10Days 27,410
Beta3 Year 0.42
Bid 22.6
Bid Size 100
Category Derivative Income
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 22.63
Day Low 22.4899
Dividend Yield 10.25
Eps Trailing Twelve Months 0.85277224
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 22.5042
Fifty Day Average Change 0.12579918
Fifty Day Average Change Percent 0.0055900314
Fifty Two Week Change Percent 8.028841
Fifty Two Week High 23.1
Fifty Two Week High Change -0.47000122
Fifty Two Week High Change Percent -0.020346373
Fifty Two Week Low 20.62
Fifty Two Week Low Change 2.0099983
Fifty Two Week Low Change Percent 0.09747809
Fifty Two Week Range 20.62 - 23.1
First Trade Date Milliseconds 1,198,765,800,000
Five Year Average Return 0.078693
Full Exchange Name Cboe US
Fund Family Invesco
Fund Inception Date 1,198,108,800
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 fund generally will invest at least 90% of its total assets in securities that comprise the underlying index and will write (sell) call options thereon. The underlying index is a total return benchmark index that is designed to track the performance of a hypothetical "buy-write" strategy on the S&P 500® Index.
Long Name Invesco S&P 500 BuyWrite ETF
Market us_market
Market State POST
Max Age 86,400
Message Board Id finmb_39599178
Nav Price 22.43
Net Assets 310,961,184.0
Net Expense Ratio 0.29
Open 22.64
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 22.63
Post Market Time 1,776,456,605
Previous Close 22.47
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.16
Regular Market Change Percent 0.71206
Regular Market Day High 22.63
Regular Market Day Low 22.4899
Regular Market Day Range 22.4899 - 22.63
Regular Market Open 22.64
Regular Market Previous Close 22.47
Regular Market Price 22.63
Regular Market Time 1,776,456,000
Regular Market Volume 54,400
Short Name Invesco S&P 500 BuyWrite ETF
Source Interval 15
Symbol PBP
Three Year Average Return 0.1122674
Total Assets 310,961,184
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 26.53698
Trailing Peg Ratio None
Trailing Three Month Nav Returns -0.98896
Trailing Three Month Returns -0.98896
Triggerable 1
Two Hundred Day Average 22.43795
Two Hundred Day Average Change 0.19204903
Two Hundred Day Average Change Percent 0.008559116
Type Disp ETF
Volume 54,400
Yield 0.1025
Ytd Return -0.98896