- Issuer
- Main Funds
- Inception Date
- Dec 29, 2015
- Region
- Global (Broad)
- Category
- Derivative Income
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $1B
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
BUYW Performance Chart
Main Buywrite ETF (BUYW) is up 3.1% since the beginning of the year. BUYW is currently trading at $14 per share.
Loading charts...
Returns By Period
Main Buywrite ETF (BUYW) has returned 3.10% so far this year and 9.38% over the past 12 months.
Main Buywrite ETF
- 1D
- -0.55%
- 1M
- 0.50%
- YTD
- 3.10%
- 6M
- 4.42%
- 1Y
- 9.38%
- 3Y*
- 8.55%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -2.64%
- 1M
- -0.21%
- YTD
- 7.86%
- 6M
- 7.47%
- 1Y
- 23.05%
- 3Y*
- 19.90%
- 5Y*
- 11.79%
- 10Y*
- 13.33%
BUYW Monthly Returns History
Based on dividend-adjusted daily data since Sep 12, 2022, BUYW's average daily return is +0.04%, while the average monthly return is +0.77%. At this rate, an investment would double in approximately 7.5 years.
Historically, 76% of months were positive and 24% were negative. The best month was Oct 2022 with a return of +4.9%, while the worst month was Sep 2022 at -6.9%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 2 months.
On a daily basis, BUYW closed higher 51% of trading days. The best single day was Apr 9, 2025 with a return of +7.4%, while the worst single day was Apr 4, 2025 at -3.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.50% | 0.22% | -0.91% | 2.71% | 1.06% | -0.48% | 3.10% | ||||||
| 2025 | 1.01% | 0.22% | -1.23% | -0.60% | 2.57% | 1.81% | 1.22% | 0.79% | 0.72% | 0.15% | 1.28% | 0.85% | 9.08% |
| 2024 | -0.10% | 1.93% | 1.09% | -0.38% | 1.91% | 0.36% | 0.94% | 1.01% | 1.15% | 0.00% | 1.30% | 0.22% | 9.82% |
| 2023 | 4.70% | -0.26% | 1.42% | 0.88% | 0.65% | 1.93% | 0.65% | 0.20% | -0.84% | 0.05% | 2.02% | 0.80% | 12.80% |
| 2022 | -6.92% | 4.87% | 4.24% | -0.29% | 1.46% |
Benchmark Metrics
Main Buywrite ETF has an annualized alpha of 2.66%, beta of 0.41, and R2 of 0.61 versus S&P 500 Index. Calculated based on daily prices since September 13, 2022.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (33.92%) than losses (21.91%) - typical of diversified or defensive assets.
- This ETF generated an annualized alpha of 2.66% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.41 indicates this ETF moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 2.66%
- Beta
- 0.41
- R²
- 0.61
- Upside Capture
- 33.92%
- Downside Capture
- 21.91%
Expense Ratio
BUYW has a high expense ratio of 1.29%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
BUYW ranks 77 for risk / return — better than 77% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Main Buywrite ETF (BUYW) and compare them to S&P 500 Index.
| BUYW | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.36 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.73 | 2.69 | +1.04 |
| Martin ratioReturn relative to average drawdown | 19.89 | 12.34 | +7.54 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Main Buywrite ETF provided a 5.93% dividend yield over the last twelve months, with an annual payout of $0.85 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Dividend | $0.85 | $0.84 | $0.83 | $0.80 | $0.06 |
Dividend yield | 5.93% | 5.89% | 5.93% | 5.95% | 0.50% |
Monthly Dividends
The table displays the monthly dividend distributions for Main Buywrite ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.00 | $0.36 | ||||||
| 2025 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.84 |
| 2024 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.83 |
| 2023 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.80 |
| 2022 | $0.06 | $0.06 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Main Buywrite ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Main Buywrite ETF was 9.36%, occurring on Apr 8, 2025. Recovery took 25 trading sessions.
The current Main Buywrite ETF drawdown is 0.55%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -9.36%Apr 2025 | 1mo 17d | 1mo 6d | 2mo 23dFeb 2025 - May 2025 |
Bear market2022 | -7.32%Oct 2022 | 1mo 1d | 1mo 5d | 2mo 6dSep 2022 - Nov 2022 |
2023 pullback2023 | -2.59%Mar 2023 | 22d | 20d | 1mo 12dFeb 2023 - Mar 2023 |
2026 pullback2026 | -2.59%Mar 2026 | 28d | 12d | 1mo 10dFeb 2026 - Apr 2026 |
2024 pullback2024 | -1.97%Apr 2024 | 18d | 17d | 1mo 5dMar 2024 - May 2024 |
Drawdown Indicators
| BUYW | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.36% | -56.78% | +47.42% |
Max Drawdown (1Y)Largest decline over 1 year | -2.59% | -9.10% | +6.51% |
Max Drawdown (3Y)Largest decline over 3 years | -9.36% | -18.90% | +9.54% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.55% | -2.97% | +2.42% |
Average DrawdownAverage peak-to-trough decline | -0.61% | -10.72% | +10.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.48% | 1.97% | -1.49% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with BUYW
Add Main Buywrite ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with BUYW