Data as of .
TLTW vs TSYW: which paid, and which earned it?
TLTW and TSYW both write options for income.
What they hold in common
By the books each fund has filed, TLTW and TSYW hold 0% of their money in the same securities at the same weight.
| Only in TLTW | Only in TSYW |
|---|---|
| TREASURY BOND 4.56% | TREASURY BILL 100.00% |
| TREASURY BOND 4.33% | |
| TREASURY BOND 4.23% | |
| TREASURY BOND (2OLD) 4.18% | |
| TREASURY BOND 4.09% | |
| TREASURY BOND (OLD) 4.07% | |
| TREASURY BOND 4.03% | |
| TREASURY BOND 3.99% |
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 Jun 30, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| TLTW | TSYW | TLTW | TSYW | TLTW | TSYW | |
| 3 months | −4.3% | −7.1% | 1.9% | 2.8% | +0.9 pts | −1.9 pts |
| 6 months | −1.6% | −5.7% | 4.3% | 6.1% | +1.5 pts | −2.5 pts |
| 1 year | −0.5% | not published | 9.6% | not published | +4.2 pts | not published |
| 3 years | +5.2% | not published | 33.6% | not published | +5.8 pts | not published |
| Since launch | −4.0% | −9.8% | 41.3% | 9.6% | +11.4 pts | −4.2 pts |
| TLTW iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Covered call on TLT, paying monthly | TSYW Roundhill Treasury Bond WeeklyPay ETF Option income on TLT, paying weekly | |
|---|---|---|
| Issuer | iShares | Roundhill |
| Strategy | covered call | option income |
| Benchmark | 20+ Year Treasury (TLT) | 20+ Year Treasury (TLT) |
| Pays | monthly | weekly |
| Payout rate, annualized | 7.5% | 12.4% |
| Expense ratio | 0.35% | 0.99% |
| Cash paid, 1 year | 9.6% | 9.6% (since launch on Nov 13, 2025) |
| Price change, 1 year | −9.9% | −18.8% |
| Total return, 1 year | −0.5% | −9.8% (since launch on Nov 13, 2025) |
| Benchmark return, 1 year | −4.7% | −5.6% |
| Ahead or behind | +4.2 pts | −4.2 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1488 days | 309 days |
| Net assets | $1.8bn | $3m |
TLTW in plain words
Over the year to Sep 18, 2026, TLTW paid 9.6% of its starting value in cash distributions while its price fell 9.9%. With every distribution reinvested, the fund returned −0.5%. 20+ Year Treasury (TLT) returned −4.7% over the same days, so a holder was ahead by 4.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 7.5%, paid monthly.
TSYW in plain words
Over the period since launch on Nov 13, 2025 to Sep 18, 2026, TSYW paid 9.6% of its starting value in cash distributions while its price fell 18.8%. With every distribution reinvested, the fund returned −9.8%. 20+ Year Treasury (TLT) returned −5.6% over the same days, so a holder was behind by 4.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 12.4%, paid weekly.
Questions people ask
- Which is cheaper, TLTW or TSYW?
- TLTW charges 0.35% a year and TSYW charges 0.99%, so TLTW 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, TLTW against TSYW, data as of Sep 18, 2026. https://etfiq.com/compare/income/tltw-vs-tsyw Free to use with attribution; the underlying files are at Open data.