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Main BuyWrite ETF (BUYW)
USD14.55
+0.02 (+0.14%)
CBOE USD US Equity
NAV
USD 14.53
+0.14% vs NAV
as of 2026-07-13
AUM
USD 1.26B
TER
1.13%
Yield (TTM)
5.88%
Distribution
Distributing · Monthly
52-week range
13.87 – 14.55
Holdings
20
Issuer
Inspire
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.
ISIN
US66538H1793
Issuer
Inspire
Domicile
US
Inception
2022-09-12
Asset class
Equity
Website
inspireetf.com/etf/BUYW
Price
Top 10 holdings
| STATE STREET SPD SPLG | 41.58% |
| ISHARES-C S&P500 IVV | 15.00% |
| SS ENERGY SELECT XLE | 12.21% |
| INVES NASDAQ 100 QQQM | 12.02% |
| SS FINANCIAL SEL XLF | 11.27% |
| SS UTILITIES SEL XLU | 10.95% |
| SS HEALTH CARE XLV | 9.69% |
| ISHARES 0-5 YEAR TIPS BON STIP | 1.48% |
| STATE STREET SWEEP | 0.84% |
| US DOLLAR BROKER | 0.03% |
Sector mix
Price chart
USD14.55
+0.02 (+0.14%)
Loading historical data…
Returns
| 1 month | +1.04% |
| 3 months | +2.18% |
| 6 months | +1.32% |
| Year to date | +1.61% |
| 1 year | +2.83% |
| 3 years (ann.) | +2.53% |
| 5 years (ann.) | — |
| 10 years (ann.) | — |
Risk profile
| Volatility (1y, ann.) | 5.11% |
| Sharpe (1y) | 0.57 |
| Sharpe (3y) | 0.36 |
| Sortino (1y) | 0.83 |
| Max drawdown (1y) | -3.55% |
| Max drawdown (5y) | — |
| Max drawdown (full) | -10.33% |
| Beta vs S&P 500 (1y) | 0.23 |
| Correlation vs S&P 500 (1y) | 0.56 |
Technical outlook as of 2026-07-13
Day Score (bias 0-100, not a probability)
70
P(gain) 22 sessions — probability
58%
VaR 95% (daily)
-0.67%
CVaR 95% (daily)
-1.20%
GARCH vol forecast (22d)
0.38%
Market regime (Markov)
Lateral
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
Top-10 concentration
115.1%
Effective holdings
5
Disclosed positions
20
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Sector breakdown
Geographic exposure
Loading map…
Cost vs. peers
BUYW
1.13%
Equity median
0.39%
Cheapest in class BKLC
0.00%
Comparison universe: 6,948 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2026-06-25 | 2026-06-30 | USD 0.0722 |
| 2026-05-21 | 2026-05-26 | USD 0.0721 |
| 2026-04-23 | 2026-04-28 | USD 0.0718 |
| 2026-03-26 | 2026-03-31 | USD 0.0705 |
| 2026-02-19 | 2026-02-24 | USD 0.0714 |
| 2026-01-22 | 2026-01-27 | USD 0.0715 |
| 2025-12-23 | 2025-12-29 | USD 0.0716 |
| 2025-11-21 | 2025-11-26 | USD 0.0708 |
| 2025-10-24 | 2025-10-29 | USD 0.0712 |
| 2025-09-23 | 2025-09-29 | USD 0.0711 |
| 2025-08-22 | 2025-08-27 | USD 0.0709 |
| 2025-07-25 | 2025-07-30 | USD 0.0709 |
| 2025-06-24 | 2025-06-30 | USD 0.0697 |
| 2025-05-23 | 2025-05-28 | USD 0.0694 |
| 2025-04-25 | 2025-04-30 | USD 0.0669 |
| 2025-03-25 | 2025-03-31 | USD 0.0693 |
| 2025-02-21 | 2025-02-26 | USD 0.0706 |
| 2025-01-24 | 2025-01-29 | USD 0.0705 |
| 2024-12-19 | 2024-12-24 | USD 0.0700 |
| 2024-11-21 | 2024-11-26 | USD 0.0699 |
| 2024-10-24 | 2024-10-29 | USD 0.0699 |
| 2024-09-19 | 2024-09-24 | USD 0.0695 |
| 2024-08-22 | 2024-08-27 | USD 0.0695 |
| 2024-07-25 | 2024-07-30 | USD 0.0690 |
| 2024-06-20 | 2024-06-25 | USD 0.0689 |
| 2024-05-23 | 2024-05-29 | USD 0.0692 |
| 2024-04-24 | 2024-04-30 | USD 0.0677 |
| 2024-03-21 | 2024-03-27 | USD 0.0680 |
| 2024-02-22 | 2024-02-28 | USD 0.0675 |
| 2024-01-25 | 2024-01-31 | USD 0.0676 |
| 2023-12-21 | 2024-01-03 | USD 0.0674 |
| 2023-11-21 | 2023-12-04 | USD 0.0672 |
| 2023-10-19 | 2023-11-02 | USD 0.0668 |
| 2023-09-21 | 2023-10-03 | USD 0.0672 |
| 2023-08-24 | 2023-09-05 | USD 0.0671 |
| 2023-07-20 | 2023-08-02 | USD 0.0677 |
| 2023-06-22 | 2023-07-05 | USD 0.0674 |
| 2023-05-25 | 2023-06-02 | USD 0.0669 |
| 2023-04-20 | 2023-05-02 | USD 0.0667 |
| 2023-02-23 | 2023-03-02 | USD 0.0656 |
ESG profile
No ESG estimate available: none of the scored universe overlaps this portfolio (typical for bond, commodity or synthetic funds).
Scored coverage: 0.0% of the portfolio by weight.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 1.05% | +19.93% | 1.48 |
| Vanguard S&P 500 ETF VOO | 0.03% | 1.70T | 1.07% | +19.68% | 1.49 |
| iShares Core S&P 500 ETF IVV | 0.03% | 894.38B | 1.09% | +19.68% | 1.49 |
| State Street SPDR S&P 500 ETF SPY | 0.09% | 789.23B | 1.00% | +19.71% | 1.49 |
| SPDR S&P 500 ETF Trust 1557.T | 0.09% | 789.09B | 0.49% | +37.54% | 2.26 |
| State Street SPDR S&P 500 ETF SPY.AX | 0.09% | 788.13B | 1.00% | +11.84% | 1.13 |
| Vanguard Total International Stock ETF VXUS | 0.05% | 652.30B | 2.61% | +20.58% | 1.21 |
| Invesco QQQ Trust, Series 1 QQQ | 0.18% | 481.14B | 0.43% | +28.14% | 1.43 |
| Vanguard Growth ETF VUG | 0.03% | 393.80B | 0.39% | +16.85% | 0.99 |
| Vanguard FTSE Developed Markets ETF VEA | 0.03% | 317.30B | 2.60% | +21.64% | 1.23 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| State Street SPDR Portfolio S&P 500 ETF SPYM | 0.02% | 159.32B | 0.0% |
| Vanguard Mid-Cap ETF VO | 0.03% | 218.80B | 0.0% |
| Vanguard S&P 500 ETF VOO | 0.03% | 1.70T | 0.0% |
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 0.0% |
| iShares Core S&P 500 ETF IVV | 0.03% | 894.38B | 0.0% |
