Key stats
About iShares Russell 2000 BuyWrite ETF
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Inception date
Mar 14, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
ISIN
US46438G6952
IWMW aims to mirror the performance of an index that combines the iShares Russell 2000 ETF (ticker: IWM) with the sale of one-month call options to generate income. This strategy enables the fund to benefit from market movements of US small-cap stocks. The fund actively manages its options positions by adjusting strike prices to optimize returns. Additionally, the fund utilizes European-style call options and ensures full coverage by writing call options equivalent to the full notional number of shares of IWM, striving to enhance income generation. It selects call options closest to 102% of the Option Index's value one day before the roll date, with adjustments made if premiums dip below certain parameters. Monthly distributions consist of option premiums and dividends capped at 2% of the fund's NAV per month. While the fund strives to maximize income potential, it is important to note that it also completely shares in the downturns experienced by IWM.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.71%
Cash0.29%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
IWMW last dividends amounted to 0.54 USD. The month before, the issuer paid 0.85 USD in dividends, which shows a 57.91% decrease.
IWMW assets under management is 28.54 M USD. It's risen 17.40% over the last month.
IWMW fund flows account for 13.92 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, IWMW pays dividends to its holders with the dividend yield of 22.56%. The last dividend (Sep 8, 2025) amounted to 0.54 USD. The dividends are paid monthly.
IWMW shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Mar 14, 2024, and its management style is Passive.
IWMW expense ratio is 0.39% meaning you'd have to pay 0.39% of your investment to help manage the fund.
IWMW follows the Cboe FTSE Russell IWM 2% OTM BuyWrite Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
IWMW invests in funds.
IWMW price has risen by 4.22% over the last month, and its yearly performance shows a −11.80% decrease. See more dynamics on IWMW price chart.
NAV returns, another gauge of an ETF dynamics, showed a 10.95% increase in three-month performance and has increased by 5.59% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 10.95% increase in three-month performance and has increased by 5.59% in a year.
IWMW trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.