iShares S&P 500 BuyWrite ETF (IVVW)

iShares S&P 500 BuyWrite ETF (IVVW) is an exchange-traded fund in the Derivative Income category. It has $321.13M in assets, an expense ratio of 0.25% and a 9.74% dividend yield. The index is designed to measure the performance of a strategy of holding the iShares Core S&P 500 ETF while writing (selling) one-month call options primarily on the S&P 500 Index to generate income. The fund seeks to achieve its investment objective by investing a substantial portion of its assets in the underlying fund and options on the option index.