Main Buywrite ETF (BUYW) Performance
BUYW total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +6.6% since Dec 31, 2025
- 1 year
- +8.6% total return
- 3 years
- +9.6% a year
- Since first price
- +9.7% a year since 2022
BUYW trailing returns vs AGG, TLT, SPY
| Period | BUYW total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.8% | −0.2% | +0.9% | +1.5% | −1.0% |
| 3 months | +1.7% | −0.3% | −0.4% | −1.0% | +3.2% |
| 6 months | +4.3% | +1.3% | −1.5% | −3.8% | +7.8% |
| YTD | +6.6% | +1.4% | −1.0% | −3.4% | +12.3% |
| 1 year | +8.6% | +1.8% | −1.1% | −6.9% | +14.4% |
| 3 years | +31.7%+9.6%/yr | +9.9% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| Since inceptionSep 12, 2022 | +46.2%+9.7%/yr | +15.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: BUYW vs AGG
From Sep 12, 2022: BUYW grew to $14,619, AGG to $11,162.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
BUYW returns by calendar year
3 of 3 full years positive. Best 2023 (+12.8%), worst 2025 (+9.1%). 2026 is year to date.
BUYW annual returns table
| Year | BUYW | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +6.6% | −2.6% | −1.0% | −3.4% | +12.3% |
| 2025 | +9.1% | −9.4% | +7.2% | +4.3% | +17.7% |
| 2024 | +9.8% | −2.0% | +1.3% | −8.1% | +24.9% |
| 2023 | +12.8% | −2.6% | +5.7% | +2.8% | +26.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
BUYW largest drawdowns
At an all-time high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 19, 2025 | −9.4% | Apr 8, 2025 | May 13, 2025 | 48 days | 3 months |
| Sep 12, 2022 | −7.3% | Oct 14, 2022 | Nov 15, 2022 | 32 days | 2 months |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
BUYW risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +9.2% | +11.7% |
| Volatility (annualized) | 3.1% | 4.5% |
| Sharpe ratio | 1.48 | 1.52 |
| Sortino ratio | 3.14 | 4.66 |
| Best month | +2.7% | +4.9% |
| Worst month | −1.2% | −1.2% |
| Best 12 months | +12.5% | +19.5% |
| Worst 12 months | +6.4% | +6.4% |
| Positive months | 81% | 79% |
| Beta vs S&P 500 | 0.22 | — |
| Correlation with S&P 500 | 0.87 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
BUYW rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 38 | +6.4% | +9.0% | +19.5% | 100% |
| 3-year (a year) | 14 | +8.4% | +9.2% | +12.9% | 100% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
BUYW performance overview
Main Buywrite ETF (BUYW) returned +8.6% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +9.7% a year, turning $10,000 into about $14,619. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −9.4%, from Feb 19, 2025 to Apr 8, 2025, and it took 35 days to get back to the old high. BUYW finished 3 of its 3 full calendar years with a gain; the best year was 2023 (+12.8%) and the worst 2025 (+9.1%). Volatility has been 4.5% a year.
Related: BUYW chart, BUYW dividends, BUYW bond profile. See the BUYW overview for the latest quote and fund facts.
BUYW performance FAQ
What is the BUYW return over the past year?
BUYW returned +8.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 1.8%.
How much would $10,000 invested in BUYW be worth?
$10,000 invested in BUYW at its first recorded close on September 12, 2022 would be worth about $14,619 on October 23, 2026 with distributions reinvested.
What was the worst year for BUYW?
The worst calendar year was 2025, with a total return of +9.1%. The best was 2023 at +12.8%.
What is the biggest drawdown of BUYW?
The largest peak-to-trough decline was −9.4% between February 19, 2025 and April 8, 2025. It recovered to the old high on May 13, 2025, 35 days after the bottom.
How volatile is BUYW?
Over the past 3 years BUYW had an annualized volatility of 3.1% and a Sharpe ratio of 1.48 (excess return over 1–3 month T-bills per unit of risk).