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iShares High Yield Corporate Bond BuyWrite Strategy ETF (HYGW)
USD28.94
+0.08 (+0.28%)
CBOE USD US Fixed Income
NAV
USD 28.95
-0.03% vs NAV
as of 2026-07-13
AUM
USD 112.91M
TER
0.69%
Yield (TTM)
10.70%
Distribution
Distributing · Monthly
52-week range
28.85 – 30.42
Holdings
1,330
Issuer
IShares
About this ETF
The iShares High Yield Corporate Bond BuyWrite Strategy ETF aims to mirror the investment outcomes of an index. This index implements a strategy that entails holding the iShares iBoxx $ High Yield Corporate Bond ETF and simultaneously selling one-month covered call options against those holdings to produce income.
ISIN
US46436E3201
Issuer
IShares
Domicile
US
Inception
2022-08-18
Asset class
Fixed Income
Price
Top 10 holdings
| 1261229 BC LTD 144A 10.00% 04/15/2032 | 0.52% |
| BLK CSH FND TREASURY SL AGENCY | 0.51% |
| MERIDIAN ARC HOLDCO LLC 144A 6.25% 04/30/2031 | 0.46% |
| ECHOSTAR CORP 10.75% 11/30/2029 | 0.43% |
| PR RNO PROPERTY OWNER 1 LLC 144A 6.50% 05/01/2031 | 0.37% |
| SV RNO PROPERTY OWNER 1 LLC 144A 5.88% 03/01/2031 | 0.34% |
| QUIKRETE HOLDINGS INC 144A 6.38% 03/01/2032 | 0.33% |
| CLOUD SOFTWARE GROUP INC 144A 6.50% 03/31/2029 | 0.32% |
| CLOUD SOFTWARE GROUP INC 144A 9.00% 09/30/2029 | 0.32% |
| DISH NETWORK CORP 144A 11.75% 11/15/2027 | 0.32% |
Sector mix
Price chart
USD28.94
+0.08 (+0.28%)
Loading historical data…
Returns
| 1 month | -0.17% |
| 3 months | -0.82% |
| 6 months | -3.34% |
| Year to date | -3.08% |
| 1 year | -4.27% |
| 3 years (ann.) | -6.11% |
| 5 years (ann.) | — |
| 10 years (ann.) | — |
Risk profile
| Volatility (1y, ann.) | 4.27% |
| Sharpe (1y) | -1.00 |
| Sharpe (3y) | -1.23 |
| Sortino (1y) | -0.93 |
| Max drawdown (1y) | -5.16% |
| Max drawdown (5y) | — |
| Max drawdown (full) | -27.75% |
| Beta vs S&P 500 (1y) | 0.15 |
| Correlation vs S&P 500 (1y) | 0.45 |
Technical outlook as of 2026-07-14
Day Score (bias 0-100, not a probability)
48
P(gain) 22 sessions — probability
32%
VaR 95% (daily)
-0.77%
CVaR 95% (daily)
-1.21%
GARCH vol forecast (22d)
0.30%
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
3.9%
Effective holdings
888
Disclosed positions
1,330
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Sector breakdown
Geographic exposure
Loading map…
Cost vs. peers
HYGW
0.69%
Fixed Income median
0.20%
Cheapest in class BKAG
0.00%
Comparison universe: 1,710 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2026-07-02 | 2026-07-08 | USD 0.1722 |
| 2026-06-02 | 2026-06-05 | USD 0.2302 |
| 2026-05-04 | 2026-05-07 | USD 0.3302 |
| 2026-04-02 | 2026-04-08 | USD 0.4717 |
| 2026-03-03 | 2026-03-06 | USD 0.1890 |
| 2026-02-03 | 2026-02-06 | USD 0.2198 |
| 2025-12-23 | 2025-12-29 | USD 0.2374 |
| 2025-12-02 | 2025-12-05 | USD 0.2400 |
| 2025-11-04 | 2025-11-07 | USD 0.2813 |
| 2025-10-02 | 2025-10-07 | USD 0.2680 |
| 2025-09-03 | 2025-09-08 | USD 0.1596 |
| 2025-08-04 | 2025-08-07 | USD 0.2978 |
| 2025-07-02 | 2025-07-08 | USD 0.4187 |
| 2025-06-03 | 2025-06-06 | USD 0.3867 |
| 2025-05-02 | 2025-05-07 | USD 0.5603 |
| 2025-04-02 | 2025-04-07 | USD 0.3510 |
| 2025-03-04 | 2025-03-07 | USD 0.2097 |
| 2025-02-04 | 2025-02-10 | USD 0.3299 |
| 2024-12-20 | 2024-12-26 | USD 0.3585 |
| 2024-12-03 | 2024-12-06 | USD 0.2430 |
| 2024-11-04 | 2024-11-07 | USD 0.2069 |
| 2024-10-02 | 2024-10-07 | USD 0.3128 |
| 2024-09-04 | 2024-09-09 | USD 0.2244 |
| 2024-08-02 | 2024-08-07 | USD 0.2799 |
| 2024-07-02 | 2024-07-08 | USD 0.3608 |
| 2024-06-04 | 2024-06-10 | USD 0.3811 |
| 2024-05-02 | 2024-05-08 | USD 0.3228 |
| 2024-04-02 | 2024-04-08 | USD 0.3954 |
| 2024-03-04 | 2024-03-08 | USD 0.4243 |
| 2024-02-02 | 2024-02-08 | USD 0.3965 |
| 2023-12-22 | 2023-12-29 | USD 0.5466 |
| 2023-12-04 | 2023-12-08 | USD 0.2288 |
| 2023-11-02 | 2023-11-08 | USD 0.4131 |
| 2023-10-03 | 2023-10-10 | USD 0.3619 |
| 2023-09-05 | 2023-09-11 | USD 0.3927 |
| 2023-08-02 | 2023-08-08 | USD 0.2419 |
| 2023-07-05 | 2023-07-11 | USD 0.4949 |
| 2023-06-02 | 2023-06-08 | USD 0.4497 |
| 2023-05-02 | 2023-05-08 | USD 0.4012 |
| 2023-04-04 | 2023-04-10 | USD 0.8582 |
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 Bond Market ETF BND | 0.03% | 394.40B | 4.00% | -0.14% | -0.02 |
| iShares Core U.S. Aggregate Bond ETF AGG | 0.03% | 138.36B | 4.02% | -0.05% | 0.01 |
| Vanguard Total International Bond ETF BNDX | 0.07% | 122.00B | 4.51% | -2.34% | -0.55 |
| iShares 0-3 Month Treasury Bond ETF SGOV | 0.09% | 97.69B | 3.80% | +0.01% | 0.01 |
| Vanguard Short-Term Inflation-Protected Securities ETF VTIP | 0.03% | 70.50B | 4.16% | -0.62% | -0.21 |
| Vanguard Short-Term Bond ETF BSV | 0.03% | 70.40B | 4.02% | -0.78% | -0.36 |
| Vanguard Intermediate-Term Corporate Bond ETF VCIT | 0.03% | 68.70B | 4.85% | -0.39% | -0.07 |
| Vanguard Intermediate-Term Bond ETF BIV | 0.03% | 52.20B | 4.26% | -0.64% | -0.13 |
| Vanguard Short-Term Corporate Bond ETF VCSH | 0.03% | 50.50B | 4.46% | -0.57% | -0.24 |
| Vanguard Intermediate-Term Treasury ETF VGIT | 0.03% | 49.50B | 3.88% | -1.01% | -0.27 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| Vanguard Short-Term Corporate Bond ETF VCSH | 0.03% | 50.50B | 0.0% |
| Vanguard Total Bond Market ETF BND | 0.03% | 394.40B | 0.0% |
| iShares Core U.S. Aggregate Bond ETF AGG | 0.03% | 138.36B | 0.0% |
| Vanguard Short-Term Inflation-Protected Securities ETF VTIP | 0.03% | 70.50B | 0.0% |
| Vanguard Short-Term Bond ETF BSV | 0.03% | 70.40B | 0.0% |
