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Data as of .

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

Over the year TLTP paid 12.1% of its price in cash against LQDW’s 10.6%, though LQDW returned more with it reinvested.

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

10.6%LQDW cash paid, 1 year
12.1%TLTP cash paid, 1 year
+1.8%LQDW total return, 1 year
−1.7%TLTP total return, 1 year

ETFIQ Return Stability Score: LQDW scores higher

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

LQDW 60TLTP 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

LQDW3.8 pts ahead of LQD · 1 year to Sep 18, 2026
LQD−2.0%LQDW+1.8%10.6% as cash3.8 pts ahead of LQDTotal return, distributions reinvestedLQD−2.0%LQDW+1.8%3.8 pts ahead of LQD
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, LQDW and TLTP hold 0% of their money in the same securities at the same weight.

Only in each
Only in LQDWOnly in TLTP
BLK CSH FND TREASURY SL AGENCY 0.74%iShares 20+ Year Treasury Bond ETF 71.89%
ANHEUSER-BUSCH COMPANIES LLC 0.19%United States Treasury Note/Bond 5.125% 08/15/2056 28.08%
CVS HEALTH CORP 0.18%Cash & Other 0.27%
T-MOBILE USA INC 0.18%TLT 09/25/2026 81.5 C -0.24%
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

LQDW and TLTP over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
LQDWTLTPLQDWTLTPLQDWTLTP
3 months−1.6%−3.8%2.3%3.2%+1.2 pts+1.5 pts
6 months+1.3%−1.5%5.0%6.5%+1.9 pts+1.6 pts
1 year+1.8%−1.7%10.6%12.1%+3.8 pts+3.0 pts
3 years+10.8%not published36.3%not published−4.1 ptsnot published
Since launch+8.7%−1.2%46.4%20.3%−4.0 pts+2.7 pts
Open the live comparison on ETFIQ
LQDW and TLTP on the same fields, as of Sep 18, 2026. Source: ETFIQ.
LQDW
iShares Investment Grade Corporate Bond BuyWrite Strategy ETF
Covered call on LQD, paying monthly
TLTP
Amplify TLT U.S. Treasury 12% Option Income ETF
Option income on TLT, paying monthly
IssueriSharesAmplify
Strategycovered calloption income
BenchmarkUS investment grade bonds (LQD)20+ Year Treasury (TLT)
Paysmonthlymonthly
Payout rate, annualized8.1%13.3%
Expense ratio0.34%0.39%
Cash paid, 1 year10.6%12.1%
Price change, 1 year−8.8%−13.4%
Total return, 1 year+1.8%−1.7%
Benchmark return, 1 year−2.0%−4.7%
Ahead or behind+3.8 pts+3.0 pts
Return of capital, latest estimatenot publishednot published
Age1488 days689 days
Net assets$318m$27m

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.

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, LQDW or TLTP?
Over the year to Sep 18, 2026, LQDW paid 10.6% 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, LQDW or TLTP?
With every distribution reinvested, LQDW returned +1.8% and TLTP returned −1.7% over the year to Sep 18, 2026, so LQDW returned more.
Which is cheaper, LQDW or TLTP?
LQDW charges 0.34% a year and TLTP charges 0.39%, 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.

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

How every figure is computed · Standards and sources