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ETFs

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF

TLTW
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 18 2022
Expense Ratio
0.35%
Type
US Bonds
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$11,969,104
AUM
$661,467,195
Associated Index
iShares 20+ Year Treasury Bond ETF
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

TLT
BlackRock Institutional Trust Company N.A. - iShares 20+ Year Treasury Bond ETF
98.99%
n/a
Derivatives offset
13.40%
XTSLA
BLK CSH FND TREASURY SL AGENCY
1.02%
n/a
USD CASH
-0.00%
TLT US FLEX
OCT23 TLT US C @ 96
-13.40%
Invest with TLTW

What is TLTW?

The iShares 20+ Year Treasury Bond BuyWrite Strategy ETF seeks to track the investment results of an index that reflects a strategy of holding the iShares 20+ Year Treasury Bond ETF while writing (selling) one-month covered call options to generate income.

ETFs related toTLTW

ETFs correlated to TLTW include VGLT, TLT, SPTL

TLTW
iShares Trust - iShares 20+ Year Treasury Bond BuyWrite Strategy ETF
VGLT
Vanguard Group, Inc. - Vanguard Long-Term Treasury ETF
TLT
BlackRock Institutional Trust Company N.A. - iShares 20+ Year Treasury Bond ETF
SPTL
SSgA Active Trust - SPDR Portfolio Long Term Treasury ETF
UBT
ProShares Trust - ProShares Ultra 20+ Year Treasury 2x Shares
TMF
Direxion Shares ETF Trust - Direxion Daily 20+ Year Treasury Bull 3X Shares
EDV
Vanguard Group, Inc. - Vanguard Extended Duration Treasury ETF
ZROZ
Pimco Exchange Traded Fund - PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund
SCHQ
Schwab Strategic Trust - Schwab US Long-Term U.S. Treasury ETF
BLV
Vanguard Group, Inc. - Vanguard Long-Term Bond ETF
TLH
BlackRock Institutional Trust Company N.A. - iShares 10-20 Year Treasury Bond ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toTLTW

#BORING

The Not Boring: Rising Rates with Vol Switch

Category

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Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

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Risk Rating

Aggressive

Create your own algorithmic trading strategy with TLTW using Composer

FAQ

TLTW is a US Bonds ETF. The iShares 20+ Year Treasury Bond BuyWrite Strategy ETF seeks to track the investment results of an index that reflects a strategy of holding the iShares 20+ Year Treasury Bond ETF while writing (selling) one-month covered call options to generate income.

TLTW tracks the iShares 20+ Year Treasury Bond ETF.

No, TLTW is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, TLTW is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on TLTW is -0.0406%. This is the percent change in the value of TLTW over the most recent 1-month period. The 3-month return on TLTW is -0.1041%. This is the percent change in the value of TLTW over the most recent 3-month period.

The standard deviation of TLTW for the past year is 0.1502%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to TLTW include TFJL, TBJL, and SHY.

ETFs correlated to TLTW include VGLT, TLT, and SPTL.

ETFs that are inversely correlated to TLTW include TTT, TBT, and TBF.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.