How much has BUYW paid over the last year?

Over the year to Oct 28, 2026, BUYW paid 6.1% of its starting price in cash distributions, while the price rose 2.4%.

Is BUYW ahead of SPY?

Over the year to Oct 28, 2026, with every distribution reinvested, BUYW returned +8.7% against +13.6% for S&P 500 (SPY), so a holder was behind it by 4.9 points.

How often does BUYW pay, and how much?

BUYW pays monthly. The latest distribution annualizes to 6.0% at its price on Oct 28, 2026, which is not a promise; the next one can differ.

When does BUYW next pay a distribution?

BUYW pays monthly. The last distribution went ex on Oct 22, 2026 at $0.0727 a share. The next is not declared; on a cadence of about 29 days the ex-date falls near Nov 20, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 2 days.

The prospectus expense ratio is 0.99% a year.

BUYW Main BuyWrite ETF

Share ▾

Share on X Download as PDF

$14.56

+0.1% · 1 day, price

IQ’s readingComputed nightly from ETFIQ data. Not written live.

Over the year to Oct 28, 2026, BUYW paid 6.1% in cash and returned 8.7% in total, against 13.6% for SPY.

Why did BUYW return +53.1% against SPY’s +117.6%?Is BUYW’s payout of 6.0% a year sustainable?What do BUYW’s net flows of +$964m over the 3 years to Jul 31, 2026 mean?

Covered call on SPY, paying monthlyMain ↗Expense ratio 0.99%Fund assets $1.3bn net assets, latest filing (Jul 31, 2026)First traded Sep 12, 2022Benchmark S&P 500 (SPY)SEC filings ↗Every Main fund ETFIQ covers Dividend history

Promise check: DeliveredOver the year to Oct 28, 2026, BUYW paid 6.1% in cash and returned 8.7% in total, covering 142.6% of its payout.

Compare with…Trading costs Put to the committee askIQ about BUYW Add to portfolio Flows Alerts

BUYW risk and return scorecard

vs SPY · Sep 2022 to Oct 2026 · 213 weekly returns · dividend-adjusted

4.1 years

BUYW +53.1%, SPY +117.6%, Sep 2022 to Oct 2026, distributions reinvested.

Return

MeasureBUYWSPYEdge

Total return+53.1%+117.6%SPY

Annualized+11.0%+20.9%SPY

Price return+21.0%+106.5%SPY

Risk

MeasureBUYWSPYEdge

Volatility6.0%14.5%BUYW

Max drawdown−7.7%−16.9%BUYW

Upside capture24.8%100.0%SPY

Downside capture27.4%100.0%BUYW

Risk-adjusted

MeasureBUYWSPYEdge

Sharpe ratio1.001.07SPY (slight)

Sortino ratio1.461.67SPY

Alpha vs SPY

MeasureBUYWSPYEdge

Alpha, a year+0.8%Not significant

Alpha t-stat0.48

Beta to SPY0.331.00Lower beta

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data

Money in and out

Net fund flows · Jul 31, 2026

12 months to Jul 31, 2026

+$490m

3 years to Jul 31, 2026

+$964m

Since Aug 2022

+$1.2bn

askIQ: what do these flows mean? ↗

What you earned

BUYW +1.1%, SPY +0.9%: total return over one month to Oct 28, 2026.

BUYW

+1.1%

SPY

+0.9%

Paid 0.5% in cash. Price +0.6%.

BUYW +2.1%, SPY +6.1%: total return over three months to Oct 28, 2026.

BUYW

+2.1%

SPY

+6.1%

Paid 1.5% in cash. Price +0.6%.

BUYW +4.6%, SPY +9.1%: total return over six months to Oct 28, 2026.

BUYW

+4.6%

SPY

+9.1%

Paid 3.0% in cash. Price +1.5%.

BUYW +6.9%, SPY +14.1%: total return over the year to Oct 28, 2026.

BUYW

+6.9%

SPY

+14.1%

Paid 5.0% in cash. Price +1.7%.

BUYW +8.7%, SPY +13.6%: total return over one year to Oct 28, 2026.

BUYW

+8.7%

SPY

+13.6%

Paid 6.1% in cash. Price +2.4%.

BUYW +32.2%, SPY +95.0%: total return over three years to Oct 28, 2026.

BUYW

+32.2%

SPY

+95.0%

Paid 19.1% in cash. Price +10.4%.

BUYW +46.5%, SPY +98.8%: total return since launch to Oct 28, 2026.

BUYW

+46.5%

SPY

+98.8%

Paid 25.9% in cash. Price +15.8%.

askIQ: why did BUYW return +8.7% against SPY’s +13.6%? ↗

What it paid

13 distributions · latest Oct 22, 2026

6.1%

Cash paid, 1 year, on its starting price

to Oct 28, 2026

Report

+8.7%

Total return, 1 year

to Oct 28, 2026

Report

−4.9 pts

Against SPY

to Oct 28, 2026

Report

6.0%

Latest payout, annualized on today’s price

at the price of Oct 28, 2026

Report

$0.0727

Last payment (paid monthly), ex-date Oct 22, 2026

Report

Pays monthly.

askIQ: is BUYW’s payout of 6.0% a year sustainable? ↗

More on BUYW

Every number below is on this page. Open what you need.

Price and total return, 1 year

$14.56+0.1%1 day, priceClose, Oct 28, 2026

0%2.5%5.0%7.5%Total return +8.7%Price +2.4%

Oct 28, 2025Oct 28, 2026

Price +2.4%Total return +8.7%

Total return adds every distribution, reinvested. Computed by ETFIQ from Tiingo daily prices.

Source: Tiingo end-of-day prices. Data as of Oct 28, 2026. Updated every trading night. Report a data error

BUYW returns by window: total return, cash paid and price change
Window	Total return	Cash paid	Price	SPY	Ahead or behind
1M Sep 28 – Oct 28, 2026	+1.1%	0.5%	+0.6%	+0.9%	+0.2 pts
3M Jul 29 – Oct 28, 2026	+2.1%	1.5%	+0.6%	+6.1%	−4.0 pts
6M Apr 29 – Oct 28, 2026	+4.6%	3.0%	+1.5%	+9.1%	−4.5 pts
YTD Dec 31, 2025 – Oct 28, 2026	+6.9%	5.0%	+1.7%	+14.1%	−7.2 pts
1Y Oct 28, 2025 – Oct 28, 2026	+8.7%	6.1%	+2.4%	+13.6%	−4.9 pts
3Y Oct 27, 2023 – Oct 28, 2026	+32.2%	19.1%	+10.4%	+95.0%	−62.8 pts
Since launch Sep 12, 2022 – Oct 28, 2026	+46.5%	25.9%	+15.8%	+98.8%	−52.3 pts
Since launch, annualised Sep 12, 2022 – Oct 28, 2026	+9.7%	–	–	–	–

Total returns, distributions reinvested.

Source: Tiingo end-of-day prices, with distributions reinvested.

Where the return came from

BUYW

+1.1%

SPY

+0.9%

About even with SPY BUYW over 1 month: paid 0.5%, price +0.6%, total +1.1%, SPY +0.9%, +0.2 pts. Data to Oct 28, 2026. SPY +0.9% BUYW +1.1% 0.5% of it arrived as cash about even with SPY Total return, distributions reinvested About even with SPY BUYW over 1 month: paid 0.5%, price +0.6%, total +1.1%, SPY +0.9%, +0.2 pts. Data to Oct 28, 2026. SPY +0.9% BUYW +1.1% about even with SPY Over the 1 month to Oct 28, 2026, BUYW returned +1.1% with distributions reinvested and S&P 500 (SPY) returned +0.9%, so a holder came out ahead of it by 0.2 points. The lighter segment is the 0.5% that arrived as cash rather than as price.

Price change +0.6%Cash paid +0.5%, reinvested+0.2 pts vs SPY

BUYW

+2.1%

SPY

+6.1%

4 pts behind SPY BUYW over 3 months: paid 1.5%, price +0.6%, total +2.1%, SPY +6.1%, −4.0 pts. Data to Oct 28, 2026. SPY +6.1% BUYW +2.1% 1.5% as cash 4 pts behind SPY Total return, distributions reinvested 4 pts behind SPY BUYW over 3 months: paid 1.5%, price +0.6%, total +2.1%, SPY +6.1%, −4.0 pts. Data to Oct 28, 2026. SPY +6.1% BUYW +2.1% 4 pts behind SPY Over the 3 months to Oct 28, 2026, BUYW returned +2.1% with distributions reinvested and S&P 500 (SPY) returned +6.1%, so a holder came out behind it by 4.0 points. The lighter segment is the 1.5% that arrived as cash rather than as price.

Price change +0.6%Cash paid +1.5%, reinvested−4.0 pts vs SPY

BUYW

+4.6%

SPY

+9.1%

4.5 pts behind SPY BUYW over 6 months: paid 3.0%, price +1.5%, total +4.6%, SPY +9.1%, −4.5 pts. Data to Oct 28, 2026. SPY +9.1% BUYW +4.6% 3.0% of it arrived as cash 4.5 pts behind SPY Total return, distributions reinvested 4.5 pts behind SPY BUYW over 6 months: paid 3.0%, price +1.5%, total +4.6%, SPY +9.1%, −4.5 pts. Data to Oct 28, 2026. SPY +9.1% BUYW +4.6% 4.5 pts behind SPY Over the 6 months to Oct 28, 2026, BUYW returned +4.6% with distributions reinvested and S&P 500 (SPY) returned +9.1%, so a holder came out behind it by 4.5 points. The lighter segment is the 3.0% that arrived as cash rather than as price.

Price change +1.5%Cash paid +3.0%, reinvested−4.5 pts vs SPY

BUYW

+8.7%

SPY

+13.6%

4.9 pts behind SPY BUYW over 1 year: paid 6.1%, price +2.4%, total +8.7%, SPY +13.6%, −4.9 pts. Data to Oct 28, 2026. SPY +13.6% BUYW +8.7% 6.1% of it arrived as cash 4.9 pts behind SPY Total return, distributions reinvested 4.9 pts behind SPY BUYW over 1 year: paid 6.1%, price +2.4%, total +8.7%, SPY +13.6%, −4.9 pts. Data to Oct 28, 2026. SPY +13.6% BUYW +8.7% 4.9 pts behind SPY Over the 1 year to Oct 28, 2026, BUYW returned +8.7% with distributions reinvested and S&P 500 (SPY) returned +13.6%, so a holder came out behind it by 4.9 points. The lighter segment is the 6.1% that arrived as cash rather than as price.

Price change +2.4%Cash paid +6.1%, reinvested−4.9 pts vs SPY

BUYW

+32.2%

SPY

+95.0%

62.8 pts behind SPY BUYW over 3 years: paid 19.1%, price +10.4%, total +32.2%, SPY +95.0%, −62.8 pts. Data to Oct 28, 2026. SPY +95.0% BUYW +32.2% 19.1% as cash 62.8 pts behind SPY Total return, distributions reinvested 62.8 pts behind SPY BUYW over 3 years: paid 19.1%, price +10.4%, total +32.2%, SPY +95.0%, −62.8 pts. Data to Oct 28, 2026. SPY +95.0% BUYW +32.2% 62.8 pts behind SPY Over the 3 years to Oct 28, 2026, BUYW returned +32.2% with distributions reinvested and S&P 500 (SPY) returned +95.0%, so a holder came out behind it by 62.8 points. The lighter segment is the 19.1% that arrived as cash rather than as price.

Price change +10.4%Cash paid +19.1%, reinvested−62.8 pts vs SPY

BUYW

+46.5%

SPY

+98.8%

52.3 pts behind SPY BUYW since launch: paid 25.9%, price +15.8%, total +46.5%, SPY +98.8%, −52.3 pts. Data to Oct 28, 2026. SPY +98.8% BUYW +46.5% 25.9% as cash 52.3 pts behind SPY Total return, distributions reinvested 52.3 pts behind SPY BUYW since launch: paid 25.9%, price +15.8%, total +46.5%, SPY +98.8%, −52.3 pts. Data to Oct 28, 2026. SPY +98.8% BUYW +46.5% 52.3 pts behind SPY From launch to Oct 28, 2026, BUYW returned +46.5% with distributions reinvested and S&P 500 (SPY) returned +98.8%, so a holder came out behind it by 52.3 points. The lighter segment is the 25.9% that arrived as cash rather than as price.

Price change +15.8%Cash paid +25.9%, reinvested−52.3 pts vs SPY

75.9

IQ Income ScoreETFIQ Distribution Coverage Score40th of 164 · Oct 28, 2026

0.3 · lowest of 164 income ETFs not writing on a single company99.7 · highest

How much of its payouts the fund's total return covered, ranked against 164 income ETFs not writing on a single company. 100 is best. How it is computed

BUYW paid 6.1% in cash over the year and returned 8.7% in total, more than it paid out.

total return as a share of the cash paid142.6% · 76th pct

All 164 ranked by this score →

Money in and out

Monthly data · as of Jul 31, 2026

BUYW: in the month to Jul 31, 2026, net $49.7m came in, by its SEC filing.

12 months

+$490m

62.9% of $779m on Jul 31, 2025
Aug 1, 2025 to Jul 31, 2026
monthly, from SEC filings

3 years

+$964m

347.0% of $278m on Jul 31, 2023
Aug 1, 2023 to Jul 31, 2026
monthly, from SEC filings

Since Aug 2022

+$1.2bn

Aug 1, 2022 to Jul 31, 2026
monthly, from SEC filings

Computed by ETFIQ from the monthly sales and redemptions BUYW files with the SEC on Form N-PORT.

How this is computed

ETFIQ reads no daily data for this fund, so its flows are monthly, and the latest month filed is Jul 2026. Every day and month ETFIQ holds for BUYW, back to Aug 2022, is in its flows file. Flows across every fund · How these flows are computed · Compare BUYW with other funds in the flows tool

Month by month, money in and money outAug 2023 to Jul 2026

in, up to +$520m

out, down to −$470mAug 2023Jul 2026

BUYW, money in and money out each month from Aug 2023 to Jul 2026: two bars a month, money in above the line and money out below. Every bar is from BUYW’s SEC filings (N-PORT item B.6). Of the 36 months listed, money came in on net in 36 and went out in 0.

Every bar is from BUYW’s SEC filings (N-PORT item B.6). Of the 36 months listed, money came in on net in 36 and went out in 0.

MonthInOutNet

Jul 2026 SEC Form N-PORT+$51.1m−$1.4m+$49.7m

Jun 2026 SEC Form N-PORT+$37.9m−$6.6m+$31.3m

May 2026 SEC Form N-PORT+$37.1m−$2.3m+$34.8m

Apr 2026 SEC Form N-PORT+$515m−$467m+$48.3m

Mar 2026 SEC Form N-PORT+$35.3m−$23.9m+$11.5m

Feb 2026 SEC Form N-PORT+$30.4m−$23.7m+$6.7m

Jan 2026 SEC Form N-PORT+$86.4m−$573k+$85.8m

Dec 2025 SEC Form N-PORT+$232m−$179m+$52.5m

Nov 2025 SEC Form N-PORT+$52.2m$0+$52.2m

Oct 2025 SEC Form N-PORT+$148m−$97.5m+$50.9m

Sep 2025 SEC Form N-PORT+$202m−$169m+$33.5m

Aug 2025 SEC Form N-PORT+$33.4m−$994k+$32.4m

Jul 2025 SEC Form N-PORT+$47.5m$0+$47.5m

Jun 2025 SEC Form N-PORT+$23.3m−$838k+$22.5m

May 2025 SEC Form N-PORT+$22.0m−$1.9m+$20.1m

Apr 2025 SEC Form N-PORT+$36.0m−$10.5m+$25.4m

Mar 2025 SEC Form N-PORT+$26.1m−$1.2m+$24.8m

Feb 2025 SEC Form N-PORT+$364m−$347m+$17.5m

Jan 2025 SEC Form N-PORT+$28.3m$0+$28.3m

Dec 2024 SEC Form N-PORT+$28.5m−$6.7m+$21.8m

Nov 2024 SEC Form N-PORT+$61.5m−$56.3m+$5.2m

Oct 2024 SEC Form N-PORT+$26.5m−$833k+$25.6m

Sep 2024 SEC Form N-PORT+$78.8m−$52.3m+$26.5m

Aug 2024 SEC Form N-PORT+$14.6m$0+$14.6m

Jul 2024 SEC Form N-PORT+$13.2m−$5.9m+$7.3m

Jun 2024 SEC Form N-PORT+$16.3m−$822k+$15.5m

May 2024 SEC Form N-PORT+$14.8m−$950k+$13.8m

Apr 2024 SEC Form N-PORT+$23.2m−$8.4m+$14.8m

Mar 2024 SEC Form N-PORT+$15.2m$0+$15.2m

Feb 2024 SEC Form N-PORT+$13.4m$0+$13.4m

Jan 2024 SEC Form N-PORT+$21.5m−$1.3m+$20.1m

Dec 2023 SEC Form N-PORT+$182m−$148m+$33.3m

Nov 2023 SEC Form N-PORT+$17.7m−$4.4m+$13.3m

Oct 2023 SEC Form N-PORT+$23.4m−$801k+$22.6m

Sep 2023 SEC Form N-PORT+$9.5m−$800k+$8.7m

Aug 2023 SEC Form N-PORT+$16.4m$0+$16.4m

Most recent first.

How this is computed

N-PORT months: money in is sales plus reinvestments; money out is redemptions.

N-PORT months are the filed sales plus reinvestments less redemptions. Later months add up the daily data; the Source column names any missing day.

Source: ETFIQ, from the fund’s SEC N-PORT filings. Data as of Jul 31, 2026. Updated when the fund files its next report.

BUYW key stats

52-week high, daily closes to Oct 28, 2026 (ETFIQ)$14.65 on Aug 25, 2026

52-week low, daily closes to Oct 28, 2026 (ETFIQ)$13.87 on Mar 30, 2026

Close on Oct 28, 2026, within that range (ETFIQ)$14.56, 88% of the way from the low to the high

Range, beta and R-squared computed by ETFIQ from Tiingo daily prices.

BUYW return of capital and tax

Return of capital, fiscal year to Oct 31, 2025 (annual report, filed Jan 6, 2026)0.0%

Options it writes (holdings as of Jul 31, 2026)Options on ETF shares, which are not Section 1256 contracts

Rule 19a-1 noticesnot read by ETFIQ

The fiscal year number is the annual report’s tax character. Not tax advice. What a 19a-1 estimate is · Income ETFs by return of capital

Trading

as of Jan 14, 2026

Trading · BUYWas of Jan 14, 2026

Not scored1 of 6 measured · Jan 14, 2026

0 · Hard to tradeIQ Liquidity Score100 · Trades like a giant

Cost for your order · one way, half its 30-day median spread

How to tradeSpread not read.

Full trading page: components, premium history, dealers →

$0.07

Distributions per share for BUYW 13 distributions for BUYW, $0.0705 to $0.073 a share and $0.0718 in the middle, Oct 24, 2025 to Oct 22, 2026. 1 further ex-date is expected with no amount the issuer has declared, so it is not drawn. $0.0718 the middle one Oct 24, 2025 Oct 22, 2026 $0.073 a share at the highest

Oct 2025Monthly, per shareOct 2026

13 distributions for BUYW, $0.0705 to $0.073 a share and $0.0718 in the middle, Oct 24, 2025 to Oct 22, 2026. 1 further ex-date is expected with no amount the issuer has declared, so it is not drawn.

Latest

$0.0727

Ex Oct 22, 2026 · paid about 2 days later

Annualized

6.0%

At its price on Oct 28, 2026

Trailing 12 months

5.9%

12 payments, ex Nov 21, 2025 to Oct 22, 2026: $0.8631

Return of capital

Not published

No Rule 19a-1 notice has been published for this fund

Next, projected

BUYW pays monthly. The last distribution was $0.0727 a share, which went ex on Oct 22, 2026, with payment about 2 days later. The next has not been declared. On its own cadence of about 29 days the ex-date falls near Nov 20, 2026; that date is an ETFIQ projection, not the issuer’s.

Nov 20, 2026 · pay Nov 23, 2026$0.0727 ETFIQ projection

Expected distributions for BUYW. A projected row carries the fund’s own spacing forward from its last ex-date, at the last amount paid. Neither is an issuer statement. Source: ETFIQ.

Every income ETF going ex-dividend in the next 14 days →

Every distribution ETFIQ holds for BUYW (13, most recent first)

Oct 22, 2026$0.0727

Sep 24, 2026$0.0727

Aug 26, 2026$0.073

Jul 24, 2026$0.0728

Jun 25, 2026$0.0722

May 21, 2026$0.0721

Apr 23, 2026$0.0718

Mar 26, 2026$0.0705

Feb 19, 2026$0.0714

Jan 22, 2026$0.0715

Dec 23, 2025$0.0716

Nov 21, 2025$0.0708

Oct 24, 2025$0.0712

Cash distributions per share for BUYW. Source: ETFIQ from Tiingo end-of-day distributions.

Source: ETFIQ, from Tiingo end-of-day distributions.

How much of what it paid out did its total return cover?

Total return as a share of the cash paid

−271.3% to 2,166.7% across 164

That is the share of the 164 income ETFs not writing on a single company sitting at or below BUYW.

One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. Where the fund sits in this set, not a rating. Do not average it with another category's score.

Total return as a share of the cash paid: 142.6% · 76th pct, −271.3% to 2,166.7% across 164.

Covered the mostOne bar per fund · BUYW in whiteCovered the least

All income ETFs ranked by this score →

Head to head

BUYW vs SPY BUYW vs VOO BUYW vs IVV

Funds near this one

CHPY CAIE ISPY OMAH BALI ROCY

Lists

Every Main fund ETFIQ covers Main’s own site S&P 500 (SPY)Every income ETF on SPY Every one of ETFIQ's income ETFs Every income ETF comparison Every income ETF going ex-dividend in the next 14 days All Main funds

About BUYW

Strategycovered call

BenchmarkS&P 500 (SPY)

How the benchmark is set (ETFIQ)BUYW's shareholder report compares it with the S&P 500 Index (shareholder report, Form N-CSR, accession 0001580642-26-000086, filed 2026-01-06); SPY tracks it.

Paysmonthly

Net assets (SEC filing, whole fund, as filed for Jul 31, 2026)$1.3bnReport

Latest payout, annualized (ETFIQ)6.0%

Expense ratio (485BPOS XBRL, Feb 24, 2026)0.99%Report

Cash paid, last 12 months, over today’s price (ETFIQ)5.9%

First tradedSep 12, 2022

History (N-CSR, Jan 9, 2023; N-CSR, Jan 9, 2023)Converted from a mutual fund on Sep 9, 2022; the fund started on Dec 29, 2015

Paysmonthly

Typical gap between ex-dates29 days

Typical wait from ex-date to payment2 days

Last paid, per share$0.0727 ex Oct 22, 2026

Cash paid in the 12 months to Oct 28, 2026, 12 distributions, ex Nov 21, 2025 to Oct 22, 2026$0.8631

How we measure

Every number is an ETFIQ calculation from exchange prices and cash distributions (Tiingo end-of-day), total return with distributions reinvested. Return of capital is the issuer’s estimate. Method

IQ Investment Committee on BUYW

12 seats on BUYW, as of Oct 28, 2026: 1 Supports, 6 Challenges, 4 Not enough data, 1 Does not apply.

In the tradition ofJohn BogleBogle-style Low CostChallenges

In the tradition ofBenjamin GrahamGraham-style Margin of SafetyDoes not apply

In the tradition ofWarren Buffett & Charlie MungerBuffett & Munger-style QualityNot enough data

In the tradition ofPeter LynchLynch-style Growth at a Reasonable PriceNot enough data

In the tradition ofJohn TempletonTempleton-style Global ContrarianNot enough data

In the tradition ofRay DalioDalio-style All-WeatherChallenges

In the tradition ofHoward MarksMarks-style Cycles & RiskChallenges

In the tradition ofStanley DruckenmillerDruckenmiller-style Macro & LiquidityChallenges

In the tradition ofDavid SwensenSwensen-style DiversificationChallenges

In the tradition ofCathie WoodWood-style Disruptive InnovationNot enough data

In the tradition ofJesse LivermoreLivermore-style Trend FollowingSupports

Uses ETFIQ’s measuresThe ETFIQ SkepticETFIQ’s own seatChallenges

Put BUYW to the committee →See all seats →No investor named is affiliated with or endorses ETFIQ. Not investment advice.

Questions people ask about BUYW

How much has BUYW paid over the last year?: Over the year to Oct 28, 2026, BUYW paid 6.1% of its starting price in cash distributions, while the price rose 2.4%.
Is BUYW ahead of SPY?: Over the year to Oct 28, 2026, with every distribution reinvested, BUYW returned +8.7% against +13.6% for S&P 500 (SPY), so a holder was behind it by 4.9 points.
How often does BUYW pay, and how much?: BUYW pays monthly. The latest distribution annualizes to 6.0% at its price on Oct 28, 2026, which is not a promise; the next one can differ.
When does BUYW next pay a distribution?: BUYW pays monthly. The last distribution went ex on Oct 22, 2026 at $0.0727 a share. The next is not declared; on a cadence of about 29 days the ex-date falls near Nov 20, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 2 days.
What does BUYW cost?: The prospectus expense ratio is 0.99% a year.

Sources and dates

Prices, BUYW and SPYTiingo end-of-day · Oct 28, 2026

Fee, 0.99%Prospectus filing with the expense ratio (SEC) ↗

Net assets, $1.3bnSEC filing, whole fund · Jul 31, 2026

DistributionsTiingo end-of-day · 13 payments

All fund filingsFund filings on SEC EDGAR ↗

IssuerMain website ↗

Links are sources, not endorsements.

Method →Standards and sources →Open data →

Cite this pageCitation, APA and Markdown

ETFIQ, BUYW, income ETFs, data as of Oct 28, 2026. https://etfiq.com/funds/buyw

The payout bar for BUYW, redrawn every trading night.

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

Total return

Price change plus every distribution reinvested on the day it went ex-dividend. This is what you actually ended up with, and the only fair basis for comparing with an index.

Cash paid

Distributions over the window as a share of what the fund cost at the start. A measure of cash delivered, not of return: a fund can pay a great deal and still lose money.

Ahead or behind

Total return minus benchmark total return, in percentage points. A fund can pay 12% a year and still be behind by 10 points if its price fell while the index rose.

Return of capital

The issuer’s own estimate, in a Rule 19a-1 notice, of how much of a distribution was your own money returned. An estimate and a tax characterization, not a measure of erosion.

Covered call

The fund owns the stocks and sells call options on them, collecting premium and giving up gains above the strike. Synthetic covered call funds hold options instead of the stocks. 0DTE funds sell options that expire the same day.

Autocallable

A fund that pays a coupon and can be called away early, on dates set when it launched. If it is called, you get your money back with the coupon and the run ends. If it is not, it runs on to the next date.

Barrier

The level the underlying has to stay above for you to be repaid in full. A barrier is not a buffer. A buffer takes the first slice of a fall for you; a barrier takes none of it once it breaks, so below it you take the whole fall rather than only the part past it.

Full definitions: income ETFs vocabulary page. →

23rd of 372 income ETFs by net assets→What option-income ETFs paid and made, August 2026→Every income ETF measured against SPY→The largest covered call ETFs→Income ETFs by return of capital, fiscal year→

Embed this chart

Free to use with the credit link. Paste this where the chart should go; it updates every trading night.

BUYW: BUYW over 1 year: paid 6.1%, price +2.4%, total +8.7%, SPY +13.6%, −4.9 pts. Data to Oct 28, 2026.

<figure style="margin:0;max-width:640px">
<a href="https://etfiq.com/funds/buyw"><img src="https://etfiq.com/assistant/api/embed/income/buyw.svg" alt="BUYW: BUYW over 1 year: paid 6.1%, price +2.4%, total +8.7%, SPY +13.6%, −4.9 pts. Data to Oct 28, 2026." width="640" style="max-width:100%;height:auto"></a>
<figcaption style="font:13px/1.5 sans-serif">BUYW: BUYW over 1 year: paid 6.1%, price +2.4%, total +8.7%, SPY +13.6%, −4.9 pts. Data to Oct 28, 2026. Data: <a href="https://etfiq.com/funds/buyw">ETFIQ</a></figcaption>
</figure>

How to embed ETFIQ charts

Get the ETFIQ Daily

The day's ETF flows, a comparison and one number. Every trading morning. About the Daily

Snapshot, Oct 28, 2026. More on the tabs above.

.dc-more{display:revert!important}.dc-more[style^="display:flex"]{display:flex!important}.dc-more[style^="display:grid"]{display:grid!important}[data-show-all],[data-show-all-idx]{display:none!important}[data-cue]{display:none!important}