Data as of .
HYGW vs LQDM: which paid, and which earned it?
HYGW and LQDM both write options for income.
What they hold in common
By the books each fund has filed, HYGW and LQDM hold 0% of their money in the same securities at the same weight.
| Only in HYGW | Only in LQDM |
|---|---|
| BLK CSH FND TREASURY SL AGENCY 0.97% | iShares iBoxx USD Investment Grade Corporate Bond ETF 100.13% |
| 1261229 BC LTD 144A 0.57% | Invesco Government & Agency Portfolio 12/31/2031 0.02% |
| ECHOSTAR CORP 0.48% | Cash & Other -0.01% |
| MERIDIAN ARC HOLDCO LLC 144A 0.48% | LQD 09/25/2026 104.7 C -0.14% |
| CLOUD SOFTWARE GROUP INC 144A 0.36% | |
| PR RNO PROPERTY OWNER 1 LLC 144A 0.36% | |
| CLOUD SOFTWARE GROUP INC 144A 0.33% | |
| QUIKRETE HOLDINGS INC 144A 0.32% |
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
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| HYGW | LQDM | HYGW | LQDM | HYGW | LQDM | |
| 3 months | +0.1% | −2.0% | 1.9% | 3.0% | +0.5 pts | +0.8 pts |
| 6 months | +2.8% | not published | 5.4% | not published | +0.2 pts | not published |
| 1 year | +4.0% | not published | 9.9% | not published | +1.5 pts | not published |
| 3 years | +16.9% | not published | 32.1% | not published | −9.1 pts | not published |
| Since launch | +24.5% | −2.0% | 45.9% | 3.9% | −6.8 pts | +0.6 pts |
| HYGW iShares High Yield Corporate Bond BuyWrite Strategy ETF Covered call on HYG, paying monthly | LQDM Amplify LQD Investment Grade 12% Target Income ETF Option income on LQD, paying monthly | |
|---|---|---|
| Issuer | iShares | Amplify |
| Strategy | covered call | option income |
| Benchmark | US high yield bonds (HYG) | US investment grade bonds (LQD) |
| Pays | monthly | monthly |
| Payout rate, annualized | 7.5% | 12.3% |
| Expense ratio | 0.69% | 0.54% |
| Cash paid, 1 year | 9.9% | 3.9% (since launch on Apr 21, 2026) |
| Price change, 1 year | −6.0% | −5.8% |
| Total return, 1 year | +4.0% | −2.0% (since launch on Apr 21, 2026) |
| Benchmark return, 1 year | +2.6% | −2.6% |
| Ahead or behind | +1.5 pts | +0.6 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1488 days | 150 days |
| Net assets | $111m | $3m |
HYGW in plain words
Over the year to Sep 18, 2026, HYGW paid 9.9% of its starting value in cash distributions while its price fell 6.0%. With every distribution reinvested, the fund returned +4.0%. US high yield bonds (HYG) returned +2.6% over the same days, so a holder was ahead by 1.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 7.5%, paid monthly.
LQDM in plain words
Over the period since launch on Apr 21, 2026 to Sep 18, 2026, LQDM paid 3.9% of its starting value in cash distributions while its price fell 5.8%. With every distribution reinvested, the fund returned −2.0%. US investment grade bonds (LQD) returned −2.6% over the same days, so a holder was ahead by 0.6 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 12.3%, paid monthly.
Questions people ask
- Which is cheaper, HYGW or LQDM?
- HYGW charges 0.69% a year and LQDM charges 0.54%, so LQDM 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.
Cite this page. ETFIQ, HYGW against LQDM, data as of Sep 18, 2026. https://etfiq.com/compare/income/hygw-vs-lqdm Free to use with attribution; the underlying files are at Open data.