Main BuyWrite ETF (BUYW)
| Assets | $914.11M |
| Expense Ratio | 0.99% |
| PE Ratio | n/a |
| Shares Out | 64.28M |
| Dividend (ttm) | $0.84 |
| Dividend Yield | 5.91% |
| Ex-Dividend Date | Oct 24, 2025 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| Volume | 736,749 |
| Open | 14.23 |
| Previous Close | 14.27 |
| Day's Range | 14.22 - 14.24 |
| 52-Week Low | 12.45 |
| 52-Week High | 14.33 |
| Beta | 0.30 |
| Holdings | 22 |
| Inception Date | Dec 29, 2015 |
About BUYW
Fund Home PageThe Main BuyWrite ETF (BUYW) is an exchange-traded fund that mostly invests in total market equity. The fund seeks risk-adjusted total returns by actively investing in ETFs globally combined with an option writing strategy. BUYW was launched on Dec 29, 2015 and is issued by Main Management.
Top 10 Holdings
117.72% of assets| Name | Symbol | Weight |
|---|---|---|
| iShares Core S&P 500 ETF | IVV | 44.47% |
| BNY Mellon US Large Cap Core Equity ETF | BKLC | 14.51% |
| Communication Services Select Sector SPDR Fund | XLC | 10.62% |
| Utilities Select Sector SPDR Fund | XLU | 10.34% |
| The Consumer Discret Sel SectSPDR® ETF | n/a | 10.11% |
| Invesco NASDAQ 100 ETF | QQQM | 9.42% |
| Health Care Select Sector SPDR Fund | XLV | 8.72% |
| Energy Select Sector SPDR Fund | XLE | 8.12% |
| State Street Instl Treasury MMkt Premier | n/a | 1.31% |
| Us Dollar Broker | n/a | 0.10% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 24, 2025 | $0.0712 | Oct 29, 2025 |
| Sep 23, 2025 | $0.0711 | Sep 29, 2025 |
| Aug 22, 2025 | $0.0709 | Aug 27, 2025 |
| Jul 25, 2025 | $0.0709 | Jul 30, 2025 |
| Jun 24, 2025 | $0.0697 | Jun 30, 2025 |
| May 23, 2025 | $0.0694 | May 28, 2025 |
Performance
BUYW had a total return of 8.00% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.18%.
News
BUYW: Expensive Covered Call ETF, Better Choices Out There
BUYW is an actively-managed covered call ETF that invests in a portfolio of ETFs and sells covered calls. BUYW has a high expense ratio of 1.31% and has had mixed results since inception. Other covere...
BUYW: Stellar Short-Term Performance May Not Be Repeatable
Main Buywrite ETF opportunistically writes call options on a basket of various ETFs the manager deems to be attractive. BUYW ETF has outperformed in the short term due to a stellar 2022, when the fund...
Income, growth or both? Weighing active ETFs in an up market
Protection plays were a prominent strategy last year, but the rally during the first half of 2023 is prompting more ETF investors to rethink the growth trade.
Why Buy-Write ETFs are trending downward this year
Kim Arthur, CEO of Main Management, joins 'Halftime Report' to discuss Buy-Write ETF strategies, international ETFs underperforming this year, and investing in ETFs according to market performance.
BUYW: Cross Asset Buy-Write Fund Outperforming The S&P 500
The Main BuyWrite Fund is an exchange traded fund. The vehicle employs both a covered-call strategy and a cash-covered put writing one.