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Data as of .

HYGW vs TLTP: which paid, and which earned it?

Over the year TLTP paid 12.1% of its price in cash against HYGW’s 9.9%, though HYGW returned more with it reinvested.

iShares High Yield Corporate Bond BuyWrite Strategy ETF and Amplify TLT U.S. Treasury 12% Option Income ETF.

9.9%HYGW cash paid, 1 year
12.1%TLTP cash paid, 1 year
+4.0%HYGW total return, 1 year
−1.7%TLTP total return, 1 year

ETFIQ Return Stability Score: HYGW scores higher

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

HYGW 59TLTP 55.23.8, 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

HYGW1.5 pts ahead of HYG · 1 year to Sep 18, 2026
HYG+2.6%HYGW+4.0%9.9% of it arrived as cash1.5 pts ahead of HYGTotal return, distributions reinvestedHYG+2.6%HYGW+4.0%1.5 pts ahead of HYG
TLTP3 pts ahead of TLT · 1 year to Sep 18, 2026
TLT−4.7%TLTP−1.7%3 pts ahead of TLTTotal return, distributions reinvestedTLT−4.7%TLTP−1.7%3 pts ahead of TLT

What they hold in common

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

Only in each
Only in HYGWOnly in TLTP
BLK CSH FND TREASURY SL AGENCY 0.97%iShares 20+ Year Treasury Bond ETF 71.89%
1261229 BC LTD 144A 0.57%United States Treasury Note/Bond 5.125% 08/15/2056 28.08%
ECHOSTAR CORP 0.48%Cash & Other 0.27%
MERIDIAN ARC HOLDCO LLC 144A 0.48%TLT 09/25/2026 81.5 C -0.24%
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

HYGW and TLTP over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
HYGWTLTPHYGWTLTPHYGWTLTP
3 months+0.1%−3.8%1.9%3.2%+0.5 pts+1.5 pts
6 months+2.8%−1.5%5.4%6.5%+0.2 pts+1.6 pts
1 year+4.0%−1.7%9.9%12.1%+1.5 pts+3.0 pts
3 years+16.9%not published32.1%not published−9.1 ptsnot published
Since launch+24.5%−1.2%45.9%20.3%−6.8 pts+2.7 pts
Open the live comparison on ETFIQ
HYGW and TLTP on the same fields, as of Sep 18, 2026. Source: ETFIQ.
HYGW
iShares High Yield Corporate Bond BuyWrite Strategy ETF
Covered call on HYG, paying monthly
TLTP
Amplify TLT U.S. Treasury 12% Option Income ETF
Option income on TLT, paying monthly
IssueriSharesAmplify
Strategycovered calloption income
BenchmarkUS high yield bonds (HYG)20+ Year Treasury (TLT)
Paysmonthlymonthly
Payout rate, annualized7.5%13.3%
Expense ratio0.69%0.39%
Cash paid, 1 year9.9%12.1%
Price change, 1 year−6.0%−13.4%
Total return, 1 year+4.0%−1.7%
Benchmark return, 1 year+2.6%−4.7%
Ahead or behind+1.5 pts+3.0 pts
Return of capital, latest estimatenot publishednot published
Age1488 days689 days
Net assets$111m$27m

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.

TLTP in plain words

Over the year to Sep 18, 2026, TLTP paid 12.1% of its starting value in cash distributions while its price fell 13.4%. With every distribution reinvested, the fund returned −1.7%. 20+ Year Treasury (TLT) returned −4.7% over the same days, so a holder was ahead by 3.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 13.3%, paid monthly.

Questions people ask

Which paid more, HYGW or TLTP?
Over the year to Sep 18, 2026, HYGW paid 9.9% of its starting price in cash and TLTP paid 12.1%, so TLTP paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, HYGW or TLTP?
With every distribution reinvested, HYGW returned +4.0% and TLTP returned −1.7% over the year to Sep 18, 2026, so HYGW returned more.
Which is cheaper, HYGW or TLTP?
HYGW charges 0.69% a year and TLTP charges 0.39%, so TLTP 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.

HYGW against TLTP, 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, HYGW against TLTP, data as of Sep 18, 2026. https://etfiq.com/compare/income/hygw-vs-tltp Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources