LQDW: iShares Investment Grade Corporate Bond BuyWrite Strategy ETF
About
LQDW was created on 2022-08-18 by iShares. The fund's investment portfolio concentrates primarily on investment grade fixed income. LQDW uses a fund-of-fund approach to passively track an index that measures the performance of holding shares of the iShares iBoxx USD Investment Grade Corporate Bond ETF and writes one-month call options against the shares.
Current Value
$27.121 Year Return
Current Value
$27.121 Year Return
Key Details
Assets Under Management
$206.97M
Div Yield %
16.49%
P/E Ratio
-
Net Asset Value
$27.09
Expense Ratio
0.34%
1Y ETF Return
0.04%
Strategies that include LQDW
Stock's related to LQDW
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CL | 32.11% | $76.48B | +22.25% | 2.12% |
| ALDX | 31.00% | $294.18M | +102.46% | 0.00% |
| CTRE | 27.52% | $5.82B | +36.14% | 3.72% |
| BCE | 26.59% | $24.91B | -30.63% | 10.69% |
| SNA | 26.58% | $18.63B | +29.06% | 2.09% |
| BXC | 26.55% | $1.01B | +40.40% | 0.00% |
| AER | 26.54% | $19.38B | +43.87% | 0.78% |
| ABEV | 26.49% | $34.29B | -20.15% | 6.94% |
| ROP | 26.48% | $58.76B | +3.95% | 0.55% |
| TDG | 26.48% | $70.32B | +35.98% | 0.00% |
| ONIT | 26.47% | $240.15M | +14.44% | 0.00% |
| CE | 26.43% | $7.89B | -44.64% | 3.89% |
| KMI | 26.42% | $62.38B | +64.02% | 4.07% |
| KREF | 26.42% | $796.38M | -5.46% | 10.31% |
| MAA | 26.40% | $18.48B | +30.08% | 3.74% |
| ETR | 26.39% | $32.14B | +49.00% | 3.05% |
| NTRS | 26.38% | $21.38B | +42.72% | 2.77% |
| CTSH | 26.38% | $37.84B | +8.64% | 1.95% |
| CHH | 26.32% | $6.84B | +27.72% | 0.79% |
| LLYVK | 26.32% | $6.24B | +94.65% | 0.00% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| EZPW | 0.02% | $655.76M | +45.24% | 0.00% |
| VKTX | -0.08% | $5.74B | +353.83% | 0.00% |
| RBRK | -0.12% | $8.03B | +38.16% | 0.00% |
| NFLX | -0.13% | $372.45B | +83.46% | 0.00% |
| XBIT | -0.13% | $203.32M | +87.36% | 0.00% |
| AVAL | 0.15% | $791.37M | -4.11% | 7.14% |
| MNOV | 0.15% | $93.19M | +2.15% | 0.00% |
| CYCN | -0.16% | $4.77M | -16.19% | 0.00% |
| GHM | -0.22% | $464.78M | +132.21% | 0.00% |
| NATR | 0.23% | $295.06M | -7.42% | 0.00% |
| BTSG | -0.25% | $3.25B | +43.46% | 0.00% |
| XOM | 0.29% | $521.39B | +13.56% | 3.22% |
| TECX | -0.30% | $602.80M | +170.24% | 0.00% |
| CCEC | -0.37% | $1.02B | +28.03% | 3.26% |
| CARV | -0.37% | $8.48M | -8.79% | 0.00% |
| PPC | 0.45% | $12.38B | +100.96% | 0.00% |
| PBF | -0.47% | $3.63B | -29.40% | 3.24% |
| IMNN | -0.48% | $10.02M | -22.89% | 0.00% |
| TAL | 0.60% | $4.54B | +2.16% | 0.00% |
| HLIT | 0.60% | $1.42B | +12.53% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| BTCT | -18.11% | $42.61M | +353.33% | 0.00% |
| HQY | -12.67% | $8.97B | +52.15% | 0.00% |
| MNR | -12.54% | $1.66B | -10.71% | 15.90% |
| PRPH | -12.15% | $18.14M | -82.61% | 0.00% |
| EDSA | -11.84% | $7.11M | -21.79% | 0.00% |
| PRPO | -11.71% | $9.10M | -13.65% | 0.00% |
| CNSL | -10.58% | $548.51M | +9.98% | 0.00% |
| QTTB | -10.33% | $354.34M | +188.64% | 0.00% |
| OXBR | -9.95% | $19.05M | +178.18% | 0.00% |
| DXYZ | -9.52% | - | - | 0.00% |
| WM | -9.41% | $87.92B | +27.58% | 1.34% |
| LRN | -9.23% | $4.43B | +74.97% | 0.00% |
| TCTM | -9.21% | $8.10M | -42.99% | 0.00% |
| TLPH | -8.68% | $11.41M | +9.85% | 0.00% |
| ZYXI | -8.18% | $249.03M | -12.53% | 0.00% |
| DXCM | -7.73% | $29.25B | -31.28% | 0.00% |
| NEUE | -7.72% | $40.93M | -34.13% | 0.00% |
| VZIO | -7.70% | $2.29B | +67.76% | 0.00% |
| ZI | -7.25% | $3.40B | -28.47% | 0.00% |
| ALXO | -7.20% | $64.87M | -86.56% | 0.00% |
ETF's related to LQDW
News
SeekingAlpha
LQDW: Attractive Income With Low Volatility For Easing Cycle
SeekingAlpha
iShares Investment Grade Corporate Bond Buywrite Strategy fund underperforms due to covered call strategy, causing NAV erosion. Read why I rate LQDW ETF a Sell here.
SeekingAlpha
Discover the iShares Investment Grade Corporate Bond Buywrite Strategy ETF's high yield potential, but be wary of its capital loss history. Click for more on LQDW.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.