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Data as of .

HYGM vs LQDW: which paid, and which earned it?

HYGM and LQDW both write options for income.

Amplify HYG High Yield 10% Target Income ETF and iShares Investment Grade Corporate Bond BuyWrite Strategy ETF.

3.3%HYGM cash paid, 1 year
10.6%LQDW cash paid, 1 year
+0.5%HYGM total return, 1 year
+1.8%LQDW total return, 1 year
HYGMAbout even with HYG · since launch to Sep 18, 2026
HYG+0.2%HYGM+0.5%3.3% cashabout even with HYGTotal return, distributions reinvestedHYG+0.2%HYGM+0.5%about even with HYG
LQDW3.8 pts ahead of LQD · 1 year to Sep 18, 2026
LQD−2.0%LQDW+1.8%10.6% of it arrived as cash3.8 pts ahead of LQDTotal return, distributions reinvestedLQD−2.0%LQDW+1.8%3.8 pts ahead of LQD

What they hold in common

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

Only in each
Only in HYGMOnly in LQDW
iShares iBoxx USD High Yield Corporate Bond ETF 99.98%BLK CSH FND TREASURY SL AGENCY 0.74%
Cash & Other 0.05%ANHEUSER-BUSCH COMPANIES LLC 0.19%
Invesco Government & Agency Portfolio 12/31/2031 0.04%CVS HEALTH CORP 0.18%
HYG 09/25/2026 78.53 C -0.07%T-MOBILE USA INC 0.18%
SPACE EXPLORATION TECHNOLOGIES COR 144A 0.17%
GOLDMAN SACHS GROUP INC/THE 0.15%
PFIZER INVESTMENT ENTERPRISES PTE 0.15%
AMAZON.COM INC 0.14%

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 Sep 18, 2026 and Sep 21, 2026.

Performance, window by window

HYGM and LQDW over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
HYGMLQDWHYGMLQDWHYGMLQDW
3 months0.0%−1.6%2.5%2.3%+0.4 pts+1.2 pts
6 monthsnot published+1.3%not published5.0%not published+1.9 pts
1 yearnot published+1.8%not published10.6%not published+3.8 pts
3 yearsnot published+10.8%not published36.3%not published−4.1 pts
Since launch+0.5%+8.7%3.3%46.4%+0.3 pts−4.0 pts
Open the live comparison on ETFIQ
HYGM and LQDW on the same fields, as of Sep 18, 2026. Source: ETFIQ.
HYGM
Amplify HYG High Yield 10% Target Income ETF
Option income on HYG, paying monthly
LQDW
iShares Investment Grade Corporate Bond BuyWrite Strategy ETF
Covered call on LQD, paying monthly
IssuerAmplifyiShares
Strategyoption incomecovered call
BenchmarkUS high yield bonds (HYG)US investment grade bonds (LQD)
Paysmonthlymonthly
Payout rate, annualized10.2%8.1%
Expense ratio0.79%0.34%
Cash paid, 1 year3.3% (since launch on Apr 21, 2026)10.6%
Price change, 1 year−2.8%−8.8%
Total return, 1 year+0.5% (since launch on Apr 21, 2026)+1.8%
Benchmark return, 1 year+0.2%−2.0%
Ahead or behind+0.3 pts+3.8 pts
Return of capital, latest estimatenot publishednot published
Age150 days1488 days
Net assets$727,276$318m

HYGM in plain words

Over the period since launch on Apr 21, 2026 to Sep 18, 2026, HYGM paid 3.3% of its starting value in cash distributions while its price fell 2.8%. With every distribution reinvested, the fund returned +0.5%. US high yield bonds (HYG) returned +0.2% over the same days, so a holder was about even. At its price on Sep 18, 2026 the latest distribution annualizes to 10.2%, paid monthly.

LQDW in plain words

Over the year to Sep 18, 2026, LQDW paid 10.6% of its starting value in cash distributions while its price fell 8.8%. With every distribution reinvested, the fund returned +1.8%. US investment grade bonds (LQD) returned −2.0% over the same days, so a holder was ahead by 3.8 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.1%, paid monthly.

Questions people ask

Which is cheaper, HYGM or LQDW?
HYGM charges 0.79% a year and LQDW charges 0.34%, so LQDW 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.

HYGM against LQDW, 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, HYGM against LQDW, data as of Sep 18, 2026. https://etfiq.com/compare/income/hygm-vs-lqdw Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources