Data as of .
LQDM vs LQDW: which paid, and which earned it?
LQDM and LQDW both write options for income.
What they hold in common
By the books each fund has filed, LQDM and LQDW hold 0% of their money in the same securities at the same weight.
| Only in LQDM | Only in LQDW |
|---|---|
| iShares iBoxx USD Investment Grade Corporate Bond ETF 100.13% | BLK CSH FND TREASURY SL AGENCY 0.74% |
| Invesco Government & Agency Portfolio 12/31/2031 0.02% | ANHEUSER-BUSCH COMPANIES LLC 0.19% |
| Cash & Other -0.01% | CVS HEALTH CORP 0.18% |
| LQD 09/25/2026 104.7 C -0.14% | 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
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| LQDM | LQDW | LQDM | LQDW | LQDM | LQDW | |
| 3 months | −2.0% | −1.6% | 3.0% | 2.3% | +0.8 pts | +1.2 pts |
| 6 months | not published | +1.3% | not published | 5.0% | not published | +1.9 pts |
| 1 year | not published | +1.8% | not published | 10.6% | not published | +3.8 pts |
| 3 years | not published | +10.8% | not published | 36.3% | not published | −4.1 pts |
| Since launch | −2.0% | +8.7% | 3.9% | 46.4% | +0.6 pts | −4.0 pts |
| LQDM Amplify LQD Investment Grade 12% Target Income ETF Option income on LQD, paying monthly | LQDW iShares Investment Grade Corporate Bond BuyWrite Strategy ETF Covered call on LQD, paying monthly | |
|---|---|---|
| Issuer | Amplify | iShares |
| Strategy | option income | covered call |
| Benchmark | US investment grade bonds (LQD) | US investment grade bonds (LQD) |
| Pays | monthly | monthly |
| Payout rate, annualized | 12.3% | 8.1% |
| Expense ratio | 0.54% | 0.34% |
| Cash paid, 1 year | 3.9% (since launch on Apr 21, 2026) | 10.6% |
| Price change, 1 year | −5.8% | −8.8% |
| Total return, 1 year | −2.0% (since launch on Apr 21, 2026) | +1.8% |
| Benchmark return, 1 year | −2.6% | −2.0% |
| Ahead or behind | +0.6 pts | +3.8 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 150 days | 1488 days |
| Net assets | $3m | $318m |
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.
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, LQDM or LQDW?
- LQDM charges 0.54% 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.
Cite this page. ETFIQ, LQDM against LQDW, data as of Sep 18, 2026. https://etfiq.com/compare/income/lqdm-vs-lqdw Free to use with attribution; the underlying files are at Open data.