Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

BUCK vs TLTW: which paid, and which earned it?

Over the year TLTW paid 9.6% of its price in cash against BUCK’s 6.9%, though BUCK returned more with it reinvested.

Simplify Treasury Option Income ETF and iShares 20+ Year Treasury Bond BuyWrite Strategy ETF.

6.9%BUCK cash paid, 1 year
9.6%TLTW cash paid, 1 year
+4.9%BUCK total return, 1 year
−0.5%TLTW total return, 1 year

ETFIQ Return Stability Score: BUCK scores higher

Was the payout funded by returns, or by your own capital?

BUCK 72.8TLTW 59.33.8, the lowest in this set96.8, the highest

A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

BUCK9.6 pts ahead of TLT · 1 year to Sep 18, 2026
TLT−4.7%BUCK+4.9%6.9% of it arrived as cash9.6 pts ahead of TLTTotal return, distributions reinvestedTLT−4.7%BUCK+4.9%6.9% cash9.6 pts ahead of TLT
TLTW4.2 pts ahead of TLT · 1 year to Sep 18, 2026
TLT−4.7%TLTW−0.5%4.2 pts ahead of TLTTotal return, distributions reinvestedTLT−4.7%TLTW−0.5%4.2 pts ahead of TLT

What they hold in common

By the books each fund has filed, BUCK and TLTW hold 0% of their money in the same securities at the same weight.

Only in each
Only in BUCKOnly in TLTW
SIMPLIFY EXCHANGE TRADED FUNDS 100.00%TREASURY BOND 4.56%
TREASURY BOND 4.33%
TREASURY BOND 4.23%
TREASURY BOND (2OLD) 4.18%
TREASURY BOND 4.09%
TREASURY BOND (OLD) 4.07%
TREASURY BOND 4.03%
TREASURY BOND 3.99%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 18, 2026.

Performance, window by window

BUCK and TLTW over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
BUCKTLTWBUCKTLTWBUCKTLTW
3 months+1.1%−4.3%1.5%1.9%+6.3 pts+0.9 pts
6 months+2.4%−1.6%3.2%4.3%+5.5 pts+1.5 pts
1 year+4.9%−0.5%6.9%9.6%+9.6 pts+4.2 pts
3 years+16.4%+5.2%21.6%33.6%+17.0 pts+5.8 pts
Since launch+21.1%−4.0%25.4%41.3%+23.1 pts+11.4 pts
Open the live comparison on ETFIQ
BUCK and TLTW on the same fields, as of Sep 18, 2026. Source: ETFIQ.
BUCK
Simplify Treasury Option Income ETF
Option income on TLT, paying monthly
TLTW
iShares 20+ Year Treasury Bond BuyWrite Strategy ETF
Covered call on TLT, paying monthly
IssuerSimplifyiShares
Strategyoption incomecovered call
Benchmark20+ Year Treasury (TLT)20+ Year Treasury (TLT)
Paysmonthlymonthly
Payout rate, annualized6.2%7.5%
Expense ratio0.35%0.35%
Cash paid, 1 year6.9%9.6%
Price change, 1 year−2.2%−9.9%
Total return, 1 year+4.9%−0.5%
Benchmark return, 1 year−4.7%−4.7%
Ahead or behind+9.6 pts+4.2 pts
Return of capital, latest estimatenot publishednot published
Age1421 days1488 days
Net assets$510m$1.8bn

BUCK in plain words

Over the year to Sep 18, 2026, BUCK paid 6.9% of its starting value in cash distributions while its price fell 2.2%. With every distribution reinvested, the fund returned +4.9%. 20+ Year Treasury (TLT) returned −4.7% over the same days, so a holder was ahead by 9.6 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 6.2%, paid monthly.

TLTW in plain words

Over the year to Sep 18, 2026, TLTW paid 9.6% of its starting value in cash distributions while its price fell 9.9%. With every distribution reinvested, the fund returned −0.5%. 20+ Year Treasury (TLT) returned −4.7% over the same days, so a holder was ahead by 4.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 7.5%, paid monthly.

Questions people ask

Which paid more, BUCK or TLTW?
Over the year to Sep 18, 2026, BUCK paid 6.9% of its starting price in cash and TLTW paid 9.6%, so TLTW paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, BUCK or TLTW?
With every distribution reinvested, BUCK returned +4.9% and TLTW returned −0.5% over the year to Sep 18, 2026, so BUCK returned more.
Which is cheaper, BUCK or TLTW?
BUCK charges 0.35% a year and TLTW charges 0.35%, so BUCK is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

BUCK against TLTW, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, BUCK against TLTW, data as of Sep 18, 2026. https://etfiq.com/compare/income/buck-vs-tltw Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources