Main BuyWrite ETF (BUYW)
| Assets | $290.34M |
| Expense Ratio | 1.31% |
| PE Ratio | 21.04 |
| Shares Out | n/a |
| Dividend (ttm) | $0.66 |
| Dividend Yield | 4.97% |
| Ex-Dividend Date | Sep 21, 2023 |
| Payout Ratio | 104.63% |
| 1-Year Return | +10.33% |
| Volume | 65,359 |
| Open | 13.31 |
| Previous Close | 13.36 |
| Day's Range | 13.31 - 13.36 |
| 52-Week Low | 11.51 |
| 52-Week High | 14.70 |
| Beta | n/a |
| Holdings | 16 |
| 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 global equity ETFs combined with an option writing strategy. BUYW was launched on Dec 29, 2015 and is issued by Main Management.
Top 10 Holdings
115.86% of assets| Name | Symbol | Weight |
|---|---|---|
| SPDR® S&P 500 ETF Trust | n/a | 44.73% |
| Invesco QQQ Trust Series I | QQQ | 13.17% |
| VanEck Semiconductor ETF | SMH | 12.55% |
| Industrial Select Sector SPDR Fund | XLI | 12.32% |
| Consumer Discret Sel Sect SPDR® ETF | n/a | 11.94% |
| iShares MSCI EAFE ETF | EFA | 10.01% |
| SPDR S&P BIOTECH ETF | XBI | 6.92% |
| iShares Treasury Floating Rate Bond ETF | TFLO | 3.69% |
| Cash & Cash Equivalents | n/a | 0.55% |
| Xbi Us 12/15/23 C83 | n/a | -0.00% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 2023-09-21 | $0.0672 | 2023-10-03 |
| 2023-08-24 | $0.0671 | 2023-09-05 |
| 2023-07-20 | $0.0677 | 2023-08-02 |
| 2023-06-22 | $0.0674 | 2023-07-05 |
| 2023-05-25 | $0.0669 | 2023-06-02 |
| 2023-04-20 | $0.0667 | 2023-05-02 |
News
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.
ETF of the Week: Main BuyWrite ETF (BUYW)
VettaFi's vice chairman Tom Lydon discussed the Main BuyWrite ETF (BUYW) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” BUYW targets hedged equity strategies, Lydon said.
Main Management Debuts Buywrite Strategy ETF
The fund holds other ETFs and writes put options on them.