iShares High Yield Corporate Bond BuyWrite Strategy ETF

iShares High Yield Corporate Bond BuyWrite Strategy ETF

About

iShares High Yield Corporate Bond BuyWrite Strategy ETF (US46436E3201) is a US-listed bond ETF tracking the Cboe HYG BuyWrite Index. With a expense ratio of 0.69%, its costs are on the higher end for an ETF, paying distributions. The fund holds 4 positions with 108M in assets.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Last updated: Jun 22, 2026
Component Score Details
Cost (30%) 7.3 Tracking Difference: 10.0 · TD Consistency: — · Expense Ratio: 1.0
Liquidity (25%) 5.7 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

Ticker HYGW
ISIN
Fund Size $108.1M
Issuer iShares
Distribution Pays Distributions
Replication Physical
Inception Aug 2022
Base Currency USD
Index Cboe HYG BuyWrite Index
Asset Class Bonds

Costs

7.3
This fund has moderate costs compared to similar ETFs.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
Expense Ratio0.00%
 
Metric Value
Expense Ratio 0.69%

Cumulative Returns

Performance across different time periods.
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month —
3 Months —
6 Months —
1 Year +6.76%
3 Years +5.87%
5 Years —
10 Years —
YTD +1.94%
Since Inception +5.44%

Holdings

This fund invests into 4 individual investments.
#1
ISHARES IBOXX $ HIGH YIELD CORPORA
100.10%
#2
BLK CSH FND TREASURY SL AGENCY
0.15%
#3
USD CASH
0.00%
View all holdings (4)
# Holding Ticker Weight
1 ISHARES IBOXX $ HIGH YIELD CORPORA HYG 10010.10%
2 BLK CSH FND TREASURY SL AGENCY XTSLA 14.79%
3 USD CASH USD 0.26%
4 JUL26 HYG US C @ 80 HYG US -25.15%

Sectors

Allocation by industry sector.
 
Sector Weight
Unknown 10000.00%

Regions

Geographic allocation by country of risk.
 
Country Weight
UNKNOWN 10000.00%
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