How much has IVVW paid over the last year?

Over the year to Oct 28, 2026, IVVW paid 17.5% of its starting price in cash distributions, while the price fell 4.3%.

Is IVVW ahead of SPY?

Over the year to Oct 28, 2026, with every distribution reinvested, IVVW returned +14.9% against +13.6% for S&P 500 (SPY), so a holder was ahead of it by 1.3 points.

How often does IVVW pay, and how much?

IVVW pays monthly. The latest distribution annualizes to 23.5% at its price on Oct 28, 2026, which is not a promise; the next one can differ.

Is the IVVW distribution return of capital?

iShares estimates 49% of the distribution paid Oct 7, 2026 was return of capital. That is a tax characterization from the fund's own 19a-1 notice, not a measure of erosion.

When does IVVW next pay a distribution?

IVVW pays monthly. The last distribution went ex on Oct 2, 2026 at $0.8845 a share. The next is not declared; on a cadence of about 30 days the ex-date falls near Nov 2, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 2 days.

The prospectus expense ratio is 0.25% a year.

How much of IVVW’s distribution is return of capital?

iShares’s Rule 19a-1 notice estimates 49.0% of the distribution paid Oct 7, 2026 was return of capital. Across its notices for distributions paid Nov 7, 2025 to Oct 7, 2026, the estimate is 51.8%. The annual report for the fiscal year to Oct 31, 2025 puts it at 0.0% of distributions. Estimates come before the fund year closes and often change.

IVVW iShares IVV Premium Income+ ETF

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$45.10

+0.1% · 1 day, price

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

Over the year to Oct 28, 2026, IVVW paid 17.5% in cash and returned 14.9% in total, against 13.6% for SPY.

Why did IVVW return +37.5% against SPY’s +50.1%?Is IVVW’s payout of 23.5% a year sustainable?What do IVVW’s net flows of +$4.5m over the last month mean?

Covered call on SPY, paying monthlyiShares ↗Expense ratio 0.25%Fund assets $352m on Oct 27, 2026First traded Mar 15, 2024Benchmark S&P 500 (SPY)Fund page at the issuer ↗SEC filings ↗Every iShares fund ETFIQ covers Dividend history

Promise check: PartlyOver the year to Oct 28, 2026, IVVW paid 17.5% in cash and returned 14.9% in total, covering 85.1% of its payout.

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

IVVW risk and return scorecard

vs SPY · Mar 2024 to Oct 2026 · 135 weekly returns · dividend-adjusted

Short history · 31 months

IVVW +37.5%, SPY +50.1%, Mar 2024 to Oct 2026, distributions reinvested.

Return

MeasureIVVWSPYEdge

Total return+37.5%+50.1%SPY

Annualized+13.1%+16.9%SPY

Price return−11.5%+45.8%SPY

Risk

MeasureIVVWSPYEdge

Volatility10.1%14.5%IVVW

Max drawdown−15.0%−16.9%IVVW

Upside capture51.5%100.0%SPY

Downside capture62.2%100.0%IVVW

Risk-adjusted

MeasureIVVWSPYEdge

Sharpe ratio0.840.85Tie

Sortino ratio1.181.30SPY (slight)

Alpha vs SPY

MeasureIVVWSPYEdge

Alpha, a year+0.7%Not significant

Alpha t-stat0.27

Beta to SPY0.631.00Lower 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 · Oct 23, 2026

Last 3 trading days

+$895k

Last month

+$4.5m

Last 3 months

+$20.7m

Money in on 14 of the 63 trading days, out on 4.

askIQ: what do these flows mean? ↗

What changed

IQ findings, 30 days to Oct 29, 2026

Oct 16, 2026

IVVW filed on Oct 15, 2026 to change its name from iShares S&P 500 BuyWrite ETF to iShares IVV Premium Income+ ETF.

SEC EDGAR, Form 497K · Checked against a plausibility rule

Found by IQ's nightly read of every ETF. A finding that fails its check is never shown. Method

What you earned

IVVW +1.0%, SPY +0.9%: total return over one month to Oct 28, 2026.

IVVW

+1.0%

SPY

+0.9%

Paid 1.9% in cash. Price −0.9%.

IVVW +6.7%, SPY +6.1%: total return over three months to Oct 28, 2026.

IVVW

+6.7%

SPY

+6.1%

Paid 3.7% in cash. Price +3.0%.

IVVW +9.3%, SPY +9.1%: total return over six months to Oct 28, 2026.

IVVW

+9.3%

SPY

+9.1%

Paid 7.8% in cash. Price +1.1%.

IVVW +11.9%, SPY +14.1%: total return over the year to Oct 28, 2026.

IVVW

+11.9%

SPY

+14.1%

Paid 11.9% in cash. Price −0.9%.

IVVW +14.9%, SPY +13.6%: total return over one year to Oct 28, 2026.

IVVW

+14.9%

SPY

+13.6%

Paid 17.5% in cash. Price −4.3%.

IVVW +41.0%, SPY +55.9%: total return since launch to Oct 28, 2026.

IVVW

+41.0%

SPY

+55.9%

Paid 41.5% in cash. Price −9.2%.

askIQ: why did IVVW return +14.9% against SPY’s +13.6%? ↗

What it paid

13 distributions · latest Oct 2, 2026

17.5%

Cash paid, 1 year, on its starting price

to Oct 28, 2026

Report

+14.9%

Total return, 1 year

to Oct 28, 2026

Report

+1.3 pts

Against SPY

to Oct 28, 2026

Report

49.0%

Return of capital, latest payout (iShares estimate)

Report

$0.8845

Last payment (paid monthly), ex-date Oct 2, 2026

Report

Pays monthly.

askIQ: is IVVW’s payout of 23.5% a year sustainable? ↗

More on IVVW

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

Price and total return, 1 year

$45.10+0.1%1 day, priceClose, Oct 28, 2026

−5%0%5%10%15%Total return +14.9%Price −4.3%

Oct 28, 2025Oct 28, 2026

Price −4.3%Total return +14.9%

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

IVVW 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	+1.0%	1.9%	−0.9%	+0.9%	+0.1 pts
3M Jul 29 – Oct 28, 2026	+6.7%	3.7%	+3.0%	+6.1%	+0.6 pts
6M Apr 29 – Oct 28, 2026	+9.3%	7.8%	+1.1%	+9.1%	+0.2 pts
YTD Dec 31, 2025 – Oct 28, 2026	+11.9%	11.9%	−0.9%	+14.1%	−2.2 pts
1Y Oct 28, 2025 – Oct 28, 2026	+14.9%	17.5%	−4.3%	+13.6%	+1.3 pts
Since launch Mar 15, 2024 – Oct 28, 2026	+41.0%	41.5%	−9.2%	+55.9%	−14.9 pts
Since launch, annualised Mar 15, 2024 – Oct 28, 2026	+14.0%	–	–	–	–

Total returns, distributions reinvested. Listed Mar 2024: no 3 years windows.

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

Where the return came from

IVVW

+1.0%

SPY

+0.9%

About even with SPY IVVW over 1 month: paid 1.9%, price −0.9%, total +1.0%, SPY +0.9%, +0.1 pts. Data to Oct 28, 2026. SPY +0.9% IVVW +1.0% 1.9% of it arrived as cash about even with SPY Total return, distributions reinvested About even with SPY IVVW over 1 month: paid 1.9%, price −0.9%, total +1.0%, SPY +0.9%, +0.1 pts. Data to Oct 28, 2026. SPY +0.9% IVVW +1.0% 1.9% as cash about even with SPY Over the 1 month to Oct 28, 2026, IVVW returned +1.0% with distributions reinvested and S&P 500 (SPY) returned +0.9%, so a holder came out ahead of it by 0.1 points. The lighter segment is the 1.9% that arrived as cash rather than as price.

Price change −0.9%Cash paid +1.9%, reinvested+0.1 pts vs SPY

0.0%

IVVW

+6.7%

SPY

+6.1%

0.6 pts ahead of SPY IVVW over 3 months: paid 3.7%, price +3.0%, total +6.7%, SPY +6.1%, +0.6 pts. Data to Oct 28, 2026. SPY +6.1% IVVW +6.7% 3.7% of it arrived as cash 0.6 pts ahead of SPY Total return, distributions reinvested 0.6 pts ahead of SPY IVVW over 3 months: paid 3.7%, price +3.0%, total +6.7%, SPY +6.1%, +0.6 pts. Data to Oct 28, 2026. SPY +6.1% IVVW +6.7% 3.7% cash 0.6 pts ahead of SPY Over the 3 months to Oct 28, 2026, IVVW returned +6.7% with distributions reinvested and S&P 500 (SPY) returned +6.1%, so a holder came out ahead of it by 0.6 points. The lighter segment is the 3.7% that arrived as cash rather than as price.

Price change +3.0%Cash paid +3.7%, reinvested+0.6 pts vs SPY

IVVW

+9.3%

SPY

+9.1%

About even with SPY IVVW over 6 months: paid 7.8%, price +1.1%, total +9.3%, SPY +9.1%, +0.2 pts. Data to Oct 28, 2026. SPY +9.1% IVVW +9.3% 7.8% of it arrived as cash about even with SPY Total return, distributions reinvested About even with SPY IVVW over 6 months: paid 7.8%, price +1.1%, total +9.3%, SPY +9.1%, +0.2 pts. Data to Oct 28, 2026. SPY +9.1% IVVW +9.3% 7.8% as cash about even with SPY Over the 6 months to Oct 28, 2026, IVVW returned +9.3% with distributions reinvested and S&P 500 (SPY) returned +9.1%, so a holder came out ahead of it by 0.2 points. The lighter segment is the 7.8% that arrived as cash rather than as price.

Price change +1.1%Cash paid +7.8%, reinvested+0.2 pts vs SPY

IVVW

+14.9%

SPY

+13.6%

1.3 pts ahead of SPY IVVW over 1 year: paid 17.5%, price −4.3%, total +14.9%, SPY +13.6%, +1.3 pts. Data to Oct 28, 2026. SPY +13.6% IVVW +14.9% 17.5% of it arrived as cash 1.3 pts ahead of SPY Total return, distributions reinvested 1.3 pts ahead of SPY IVVW over 1 year: paid 17.5%, price −4.3%, total +14.9%, SPY +13.6%, +1.3 pts. Data to Oct 28, 2026. SPY +13.6% IVVW +14.9% 17.5% as cash 1.3 pts ahead of SPY Over the 1 year to Oct 28, 2026, IVVW returned +14.9% with distributions reinvested and S&P 500 (SPY) returned +13.6%, so a holder came out ahead of it by 1.3 points. The lighter segment is the 17.5% that arrived as cash rather than as price.

Price change −4.3%Cash paid +17.5%, reinvested+1.3 pts vs SPY

0.0%

IVVW

+41.0%

SPY

+55.9%

14.9 pts behind SPY IVVW since launch: paid 41.5%, price −9.2%, total +41.0%, SPY +55.9%, −14.9 pts. Data to Oct 28, 2026. SPY +55.9% IVVW +41.0% 41.5% of it arrived as cash 14.9 pts behind SPY Total return, distributions reinvested 14.9 pts behind SPY IVVW since launch: paid 41.5%, price −9.2%, total +41.0%, SPY +55.9%, −14.9 pts. Data to Oct 28, 2026. SPY +55.9% IVVW +41.0% 41.5% as cash 14.9 pts behind SPY From launch to Oct 28, 2026, IVVW returned +41.0% with distributions reinvested and S&P 500 (SPY) returned +55.9%, so a holder came out behind it by 14.9 points. The lighter segment is the 41.5% that arrived as cash rather than as price.

Price change −9.2%Cash paid +41.5%, reinvested−14.9 pts vs SPY

0.0%

48.2

IQ Income ScoreETFIQ Distribution Coverage Scorejoint 85th 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

IVVW paid 17.5% in cash over the year and returned 14.9% in total, less than it paid out.

total return as a share of the cash paid85.1% · 48th pct

All 164 ranked by this score →

Money in and out

Daily data · as of Oct 23, 2026

IVVW: in the year to Oct 23, 2026, net $162m came in; in the month to Oct 23, 2026, $4.5m came in.

+$895k

0.3% of $351m on Oct 20, 2026
Oct 21, 2026 to Oct 23, 2026

+$4.5m

1.3% of $352m on Sep 25, 2026
Sep 28, 2026 to Oct 23, 2026

+$20.7m

6.4% of $325m on Jul 27, 2026
Jul 28, 2026 to Oct 23, 2026

YTD

+$138m

64.3% of $215m on Dec 31, 2025
Jan 2, 2026 to Oct 23, 2026

+$162m

82.0% of $197m on Oct 27, 2025
Oct 28, 2025 to Oct 23, 2026

Since Mar 2024

+$356m

Mar 1, 2024 to Oct 23, 2026
SEC filings, then daily counts

Net flow each trading day

3M1Y400 days

IVVW, net flow each trading day over the 63 sessions from Jul 28, 2026 to Oct 23, 2026: money came in on 14 days and went out on 4 days.

Money in on 14 of the 63 trading days, out on 4.

IVVW, net flow each trading day over the 249 sessions from Oct 28, 2025 to Oct 23, 2026: money came in on 93 days and went out on 12 days.

Money in on 93 of the 249 trading days, out on 12.

IVVW, net flow each trading day over the 400 sessions from Mar 24, 2025 to Oct 23, 2026: money came in on 117 days and went out on 17 days.

Money in on 117 of the 400 trading days, out on 17.

Money in, netMoney out, net

Streak

Money in on its last trading day, Oct 23, 2026, a net +$895k.

Against its own last 250 days

Oct 23, 2026’s +$895k: a normal day for this fund (its 77th largest inflow of 250).

Among its peers · 1 month

11th largest inflow of 27 income ETFs counted all month: BALI +$135m at the top end, TLTW −$161m at the other.

Checked against the filing

July 2026: ETFIQ’s daily sum +$7.1m; IVVW’s SEC N-PORT, item B.6, +$7.1m. Matches the SEC filing for July 2026. Its next filing is due by Dec 30, 2026.

Computed by ETFIQ from iShares’s daily data: each day’s change in shares outstanding times the previous day’s net asset value.

How this is computed

Percentages are of net assets at the start of each window. Numbers are net: money in less money out. Checked against the filing: The month’s daily sum and the filing’s B.6 number agree within rounding or, where the filing’s is larger, within rounding plus the fund’s creation and redemption fees. The full rule is in the fund’s flows file. Every day and month ETFIQ holds for IVVW, back to Mar 2024, is in its flows file. Flows across every fund · How these flows are computed · Compare IVVW with other funds in the flows tool

Every trading day, last 3 months63 days

Oct 23, 2026 +$895k

Oct 22, 2026 $0

Oct 21, 2026 $0

Oct 20, 2026 $0

Oct 19, 2026 $0

Oct 16, 2026 +$900k

Oct 15, 2026 $0

Oct 14, 2026 $0

Oct 13, 2026 +$2.7m

Oct 12, 2026 $0

Oct 9, 2026 $0

Oct 8, 2026 $0

Oct 7, 2026 $0

Oct 6, 2026 $0

Oct 5, 2026 $0

Oct 2, 2026 $0

Oct 1, 2026 $0

Sep 30, 2026 $0

Sep 29, 2026 $0

Sep 28, 2026 $0

Sep 25, 2026 $0

Sep 24, 2026 $0

Sep 23, 2026 $0

Sep 22, 2026 $0

Sep 21, 2026 $0

Sep 18, 2026 +$1.8m

Sep 17, 2026 $0

Sep 16, 2026 $0

Sep 15, 2026 $0

Sep 14, 2026 $0

Sep 11, 2026 $0

Sep 10, 2026 +$6.3m

Sep 9, 2026 $0

Sep 8, 2026 $0

Sep 4, 2026 $0

Sep 3, 2026 $0

Sep 2, 2026 +$1.8m

Sep 1, 2026 $0

Aug 31, 2026 $0

Aug 28, 2026 +$913k

Aug 27, 2026 $0

Aug 26, 2026 $0

Aug 25, 2026 +$2.7m

Aug 24, 2026 +$2.7m

Aug 21, 2026 $0

Aug 20, 2026 −$1.8m

Aug 19, 2026 $0

Aug 18, 2026 $0

Aug 17, 2026 −$1.8m

Aug 14, 2026 −$2.7m

Aug 13, 2026 −$1.8m

Aug 12, 2026 $0

Aug 11, 2026 $0

Aug 10, 2026 $0

Aug 7, 2026 +$900k

Aug 6, 2026 $0

Aug 5, 2026 +$4.5m

Aug 4, 2026 +$902k

Aug 3, 2026 +$893k

Jul 31, 2026 $0

Jul 30, 2026 $0

Jul 29, 2026 $0

Jul 28, 2026 +$884k

Most recent first.

Week by week, last year52 weeks

Oct 23, 2026 +$895k

Oct 16, 2026 +$3.6m

Oct 9, 2026 $0

Oct 2, 2026 $0

Sep 25, 2026 $0

Sep 18, 2026 +$1.8m

Sep 11, 2026 +$6.3m 4 days

Sep 4, 2026 +$1.8m

Aug 28, 2026 +$6.4m

Aug 21, 2026 −$3.6m

Aug 14, 2026 −$4.5m

Aug 7, 2026 +$7.2m

Jul 31, 2026 +$884k

Jul 24, 2026 +$2.7m

Jul 17, 2026 +$892k

Jul 10, 2026 +$1.8m

Jul 2, 2026 +$7.9m 4 days

Jun 26, 2026 +$9.7m

Jun 18, 2026 +$9.8m 4 days

Jun 12, 2026 +$1.7m

Jun 5, 2026 +$3.5m

May 29, 2026 +$5.4m 4 days

May 22, 2026 +$6.2m

May 15, 2026 +$3.6m

May 8, 2026 +$5.3m

May 1, 2026 +$4.5m

Apr 24, 2026 +$6.2m

Apr 17, 2026 +$1.8m

Apr 10, 2026 +$5.2m

Apr 2, 2026 +$1.8m 4 days

Mar 27, 2026 +$4.3m

Mar 20, 2026 +$7.0m

Mar 13, 2026 +$2.7m

Mar 6, 2026 +$6.3m

Feb 27, 2026 +$912k

Feb 20, 2026 +$3.6m 4 days

Feb 13, 2026 −$912k

Feb 6, 2026 $0

Jan 30, 2026 +$4.6m

Jan 23, 2026 +$2.7m 4 days

Jan 16, 2026 +$2.7m

Jan 9, 2026 +$5.5m

Jan 2, 2026 +$911k 4 days

Dec 26, 2025 +$915k 4 days

Dec 19, 2025 +$3.6m

Dec 12, 2025 +$3.6m

Dec 5, 2025 +$2.8m

Nov 28, 2025 +$1.9m 4 days

Nov 21, 2025 +$2.7m

Nov 14, 2025 +$4.6m

Nov 7, 2025 −$22k

Oct 31, 2025 +$2.8m 4 days

Net flow into IVVW each week, Oct 28, 2025 to Oct 23, 2026, most recent first, each week named by its last trading day with data. Computed by ETFIQ.

Month by month, money in and money outMar 2024 to Oct 2026

in, up to +$140m

out, down to −$8.2mMar 2024Sep 2026

IVVW, money in and money out each month from Mar 2024 to Sep 2026: two bars a month, money in above the line and money out below. Bars for Mar 2024 to Jul 2026 are from IVVW’s SEC filings (N-PORT item B.6), and for Aug 2026 to Sep 2026 ETFIQ’s sums of its days. Oct 2026 is still in progress, so it is in the list and not drawn. Of the 32 months listed, money came in on net in 29 and went out in 1.

Bars for Mar 2024 to Jul 2026 are from IVVW’s SEC filings (N-PORT item B.6), and for Aug 2026 to Sep 2026 ETFIQ’s sums of its days. Of the 32 months listed, money came in on net in 29 and went out in 1.

MonthInOutNet

Oct 2026 ETFIQ, the sum of its days, Oct 1 to Oct 23+$4.5m$0+$4.5m

Sep 2026 ETFIQ, the sum of its days+$9.9m$0+$9.9m

Aug 2026 ETFIQ, the sum of its days+$13.5m−$8.1m+$5.4m

Jul 2026 SEC Form N-PORT+$7.1m$0+$7.1m

Jun 2026 SEC Form N-PORT+$39.6m−$7.9m+$31.7m

May 2026 SEC Form N-PORT+$22.2m−$1.8m+$20.4m

Apr 2026 SEC Form N-PORT+$20.2m−$880k+$19.4m

Mar 2026 SEC Form N-PORT+$21.2m−$876k+$20.3m

Feb 2026 SEC Form N-PORT+$5.4m−$1.8m+$3.6m

Jan 2026 SEC Form N-PORT+$15.5m$0+$15.5m

Dec 2025 SEC Form N-PORT+$14.6m−$2.7m+$11.9m

Nov 2025 SEC Form N-PORT+$13.0m−$3.8m+$9.2m

Oct 2025 SEC Form N-PORT+$7.4m−$925k+$6.5m

Sep 2025 SEC Form N-PORT+$3.7m$0+$3.7m

Aug 2025 SEC Form N-PORT+$2.7m−$917k+$1.8m

Jul 2025 SEC Form N-PORT+$4.6m−$908k+$3.6m

Jun 2025 SEC Form N-PORT+$137m−$904k+$136m

May 2025 SEC Form N-PORT+$2.7m$0+$2.7m

Apr 2025 SEC Form N-PORT+$1.8m−$932k+$822k

Mar 2025 SEC Form N-PORT+$3.8m−$3.8m−$76k

Feb 2025 SEC Form N-PORT+$6.9m$0+$6.9m

Jan 2025 SEC Form N-PORT+$4.0m$0+$4.0m

Dec 2024 SEC Form N-PORT+$2.0m$0+$2.0m

Nov 2024 SEC Form N-PORT+$3.0m$0+$3.0m

Oct 2024 SEC Form N-PORT+$4.0m$0+$4.0m

Sep 2024 SEC Form N-PORT$0$0$0

Aug 2024 SEC Form N-PORT+$940k$0+$940k

Jul 2024 SEC Form N-PORT+$3.0m−$996k+$2.0m

Jun 2024 SEC Form N-PORT+$983k$0+$983k

May 2024 SEC Form N-PORT+$981k$0+$981k

Apr 2024 SEC Form N-PORT$0$0$0

Mar 2024 SEC Form N-PORT+$17.0m$0+$17.0m

Most recent first.

How this is computed

N-PORT months: money in is sales plus reinvestments; money out is redemptions. Months summed from daily data: money in adds the days money came in; money out adds the days it went out.

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 daily share counts and net asset values, and its SEC N-PORT filings. Data as of Oct 23, 2026.

IVVW key stats

52-week high, daily closes to Oct 28, 2026 (ETFIQ)$47.13 on Oct 29, 2025

52-week low, daily closes to Oct 28, 2026 (ETFIQ)$42.60 on Mar 30, 2026

Close on Oct 28, 2026, within that range (ETFIQ)$45.10, 55% of the way from the low to the high

Beta to its benchmark, 1 year (ETFIQ)0.59, against SPY

R-squared, the same days (ETFIQ)0.76

Beta and R-squared measured over251 daily total returns, Oct 29, 2025 to Oct 28, 2026

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

IVVW return of capital and tax

Return of capital, latest notice (iShares estimate, Oct 7, 2026)49.0%

Return of capital, distributions paid Nov 7, 2025 to Oct 7, 2026 (iShares estimates)51.8%

Notices behind that number11 of 12 distributions

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 the S&P 500 index, which are Section 1256 contracts

Estimates are iShares’s Rule 19a-1 notices, made before the fund year closes. 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 Oct 28, 2026

Trading · IVVWas of Oct 28, 2026

Not scored3 of 6 measured · Oct 28, 2026

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

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

Premium or discount to NAV, Oct 28 close−0.04%

−0.4%95% of days within ±0.26% · the 1% band is off this scale+0.4%

One dealer

How to tradeSpread not read.

Full trading page: components, premium history, dealers →

$0.72

$1.42

$0.29

$0.88

Distributions per share for IVVW 13 distributions for IVVW, $0.2866 to $1.4205 a share and $0.6604 in the middle, Oct 2, 2025 to Oct 2, 2026. 2 further ex-dates are expected with no amount the issuer has declared, so they are not drawn. $0.6604 the middle one Oct 2, 2025 Oct 2, 2026 $1.4205 a share at the highest

Oct 2025Monthly, per shareOct 2026

13 distributions for IVVW, $0.2866 to $1.4205 a share and $0.6604 in the middle, Oct 2, 2025 to Oct 2, 2026. 2 further ex-dates are expected with no amount the issuer has declared, so they are not drawn.

Latest

$0.8845

Ex Oct 2, 2026 · paid about 2 days later

Annualized

23.5%

At its price on Oct 28, 2026

Trailing 12 months

18.3%

12 payments, ex Nov 4, 2025 to Oct 2, 2026: $8.2474

Return of capital

49.0%

Latest payout (iShares estimate)

Next, projected

IVVW pays monthly. The last distribution was $0.8845 a share, which went ex on Oct 2, 2026, with payment about 2 days later. The next has not been declared. On its own cadence of about 30 days the ex-date falls near Nov 2, 2026; that date is an ETFIQ projection, not the issuer’s.

Nov 2, 2026 · pay Nov 4, 2026$0.8845 ETFIQ projection

Dec 2, 2026 · pay Dec 4, 2026$0.8845 ETFIQ projection

Expected distributions for IVVW. 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 IVVW (13, most recent first)

Oct 2, 2026$0.8845

Sep 2, 2026$0.2866

Aug 4, 2026$0.4274

Jul 2, 2026$0.4431

Jun 2, 2026$0.8309

May 4, 2026$0.5879

Apr 2, 2026$0.8523

Mar 3, 2026$0.5479

Feb 3, 2026$0.5762

Dec 23, 2025$0.6604

Dec 2, 2025$1.4205

Nov 4, 2025$0.7297

Oct 2, 2025$0.7187

Cash distributions per share for IVVW. 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 IVVW.

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: 85.1% · 48th pct, −271.3% to 2,166.7% across 164.

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

All income ETFs ranked by this score →

IVVW top ten by weight, 99.8% of the fund, of its 5 equity positions, from the holdings published by its issuer for Oct 27, 2026. The options the fund writes are not positions of this kind and are not listed. Source: the issuer’s own daily file.

ISHARES CORE S&P ETF TRUST 100.58%

OCT26 SPX C @ 7821.5 -0.03%

NOV26 SPX C @ 7821.5 -0.10%

NOV26 SPX C @ 7821.5 -0.16%

NOV26 SPX C @ 7699.92 -0.44%

Holdings, the issuer’s own daily file ↗See all 5 holdings →Check overlap with another fund →

Source: iShares’s daily holdings file. Data as of Oct 27, 2026. Updated each trading day. Last checked Oct 28, 2026.

Also against GPIX, RDVI, XYLD, KNG, BALI, QDTE, ROCY, ROCQ, PBP, TSPY, JOYT, ACSP, BALQ, QDTY, YQQQ, XSHP, PCOV, VOOY, JEPQ, QYLD, DIVO, FTHI, OMAH, FTQI, SDVD, FEPI, YYY, ULTY, OVL, DUBS, XDTE, YMAG, DJIA, QQQY, XPAY, QYLG, EGGY, OVLH, ISPY, SIXH, KHPI, PAPI, XQQI, IQQQ, TCAL, CAIQ, TDAQ, YLDE, SEPI, XSPI, MAGY, DOGG, XYLG, WDTE, XRMI, QLDY, XIJN, OEI, SPIN, ACKY, SDTY, OARK, XISE, BIGY, APRJ, XIMR, APRH, DRKY, QUSA, XIDE, SPUT, JULH, OCTH, OCTJ, QRMI, JANJ, JULJ, LJAN, JANH, LOCT, LAPR, FDND, LJUL, DYLG, RNTY, FGSI, SCEP, VAIE, GRNI, QVOL, ACQQ, YSPC, HEMI, CVRD, SIOO, SCLZ, DDDD, JUDO, NLSI, XVSP, TPRY, TPAY, CDPI, RECI, KYLD, KIQQ, ODTE.

About IVVW

Strategycovered call

BenchmarkS&P 500 (SPY)

How the benchmark is set (ETFIQ)Its prospectus says its options are written on the S&P 500 (prospectus, Form 485BPOS, accession 0001193125-26-064179, filed 2026-02-23); SPY tracks that index. IVVW names the Cboe S&P 500 Enhanced 1% OTM BuyWrite Index (prospectus, Form 485BPOS, accession 0001193125-26-064179, filed 2026-02-23); no ETF this site covers tracks it and its levels are licensed, so the reference here stands in for it.

Paysmonthly

Net assets (the issuer’s own daily fund list, as of Oct 27, 2026)$352mReport

Latest payout, annualized (ETFIQ)23.5%

Expense ratio (485BPOS XBRL, Feb 23, 2026)0.25%Report

Cash paid, last 12 months, over today’s price (ETFIQ)18.3%

First tradedMar 15, 2024

Return of capital, latest distribution (iShares 19a-1 estimate)49.0%

Paysmonthly

Typical gap between ex-dates30 days

Typical wait from ex-date to payment2 days

Last paid, per share$0.8845 ex Oct 2, 2026

Cash paid in the 12 months to Oct 28, 2026, 12 distributions, ex Nov 4, 2025 to Oct 2, 2026$8.2474

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 IVVW

12 seats on IVVW, 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 IVVW to the committee →See all seats →No investor named is affiliated with or endorses ETFIQ. Not investment advice.

Questions people ask about IVVW

How much has IVVW paid over the last year?: Over the year to Oct 28, 2026, IVVW paid 17.5% of its starting price in cash distributions, while the price fell 4.3%.
Is IVVW ahead of SPY?: Over the year to Oct 28, 2026, with every distribution reinvested, IVVW returned +14.9% against +13.6% for S&P 500 (SPY), so a holder was ahead of it by 1.3 points.
How often does IVVW pay, and how much?: IVVW pays monthly. The latest distribution annualizes to 23.5% at its price on Oct 28, 2026, which is not a promise; the next one can differ.
Is the IVVW distribution return of capital?: iShares estimates 49% of the distribution paid Oct 7, 2026 was return of capital. That is a tax characterization from the fund's own 19a-1 notice, not a measure of erosion.
When does IVVW next pay a distribution?: IVVW pays monthly. The last distribution went ex on Oct 2, 2026 at $0.8845 a share. The next is not declared; on a cadence of about 30 days the ex-date falls near Nov 2, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 2 days.
What does IVVW cost?: The prospectus expense ratio is 0.25% a year.
How much of IVVW’s distribution is return of capital?: iShares’s Rule 19a-1 notice estimates 49.0% of the distribution paid Oct 7, 2026 was return of capital. Across its notices for distributions paid Nov 7, 2025 to Oct 7, 2026, the estimate is 51.8%. The annual report for the fiscal year to Oct 31, 2025 puts it at 0.0% of distributions. Estimates come before the fund year closes and often change.

Sources and dates

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

Fee, 0.25%Prospectus filing with the expense ratio (SEC) ↗

Net assets, $352mThe issuer’s own daily fund list · Oct 27, 2026

HoldingsHoldings, the issuer’s own daily file · Oct 27, 2026 ↗

Return of capitaliShares 19a-1 distribution notice ↗

DistributionsTiingo end-of-day · 13 payments

All fund filingsFund filings on SEC EDGAR ↗

IssueriShares page for IVVW ↗

iShares 19a-1 distribution notice ↗

Links are sources, not endorsements.

Method →Standards and sources →Open data →

Cite this pageCitation, APA and Markdown

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

The payout bar for IVVW, 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. →

12th of 50 income ETFs measured against SPY, by return against it→60th of 372 income ETFs by net assets→Which ETFs pay monthly?→What option-income ETFs paid and made, August 2026→iShares ETFs: Every Fund and Its Fee→Every income ETF measured against SPY→The cheapest option-income ETFs→The highest yielding ETFs that pay monthly→Income ETFs by return of capital→Income ETFs by return of capital, fiscal year→ETF News, Oct 15, 2026→

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IVVW: IVVW over 1 year: paid 17.5%, price −4.3%, total +14.9%, SPY +13.6%, +1.3 pts. Data to Oct 28, 2026.

<figure style="margin:0;max-width:640px">
<a href="https://etfiq.com/funds/ivvw"><img src="https://etfiq.com/assistant/api/embed/income/ivvw.svg" alt="IVVW: IVVW over 1 year: paid 17.5%, price −4.3%, total +14.9%, SPY +13.6%, +1.3 pts. Data to Oct 28, 2026." width="640" style="max-width:100%;height:auto"></a>
<figcaption style="font:13px/1.5 sans-serif">IVVW: IVVW over 1 year: paid 17.5%, price −4.3%, total +14.9%, SPY +13.6%, +1.3 pts. Data to Oct 28, 2026. Data: <a href="https://etfiq.com/funds/ivvw">ETFIQ</a></figcaption>
</figure>

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