BlackRock Broadens Outcomes Suite with Equity BuyWrite ETFs
Target enhanced monthly income with an exchange traded fund utilizing a covered call strategy on either
The ETFs provide access to a differentiated source of income by selling monthly call options on their underlying indices – in addition to receiving dividend income – in a single-ticker solution. The Funds expand BlackRock’s outcome-oriented strategies, joining a lineup which includes fixed income BuyWrite and buffer ETF strategies, among others.
“Income remains top of mind as investors move out of cash and prepare for a shift in monetary policy,” said
ETF |
Index |
Expenses |
iShares S&P 500 BuyWrite ETF (IVVW) |
S&P 500 Index |
0.25% |
iShares Russell 2000 BuyWrite ETF (IWMW) |
Russell 2000 Index |
0.39% |
Enhance Equity Income Beyond Traditional Sources
Shareholders can anticipate monthly distribution of the call option premiums collected and dividends distributions on a quarterly basis, while providing incremental limited equity upside exposure. Supported by BlackRock’s extensive derivative investing expertise, these ETFs implement a popular options strategy with the liquidity and convenience of an ETF wrapper.
As client demand for outcome-oriented strategies continues to grow, BlackRock is positioned to enable access to both broad and specialized exposures throughout the market. BlackRock equips clients with an extensive and complementary array of portfolio tools spanning active and index strategies in their wrapper of choice.
About BlackRock
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About iShares
iShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of 1400+ exchange traded funds (ETFs) and
Carefully consider the Funds' investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Funds' prospectuses or, if available, the summary prospectuses which may be obtained by visiting www.iShares.com or www.blackrock.com. Read the prospectus carefully before investing.
Investing involves risk, including possible loss of principal.
A BuyWrite Strategy ETF’s use of options may reduce returns or increase volatility. During periods of very low or negative interest rates, the
The iShares Funds are not sponsored, endorsed, issued, sold or promoted by Cboe Global Markets, Inc,
The Funds are distributed by
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Source: BlackRock