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IVVWvsSPYTETF Comparison

ETF 1
IVVW

iShares S&P 500 BuyWrite ETF

This fund is part of
Options Strategies
-0.04%
VS
ETF 2
SPYT

Defiance S&P 500 Target Income ETF

This fund is part of
Options Strategies
-0.04%

iShares S&P 500 BuyWrite ETF (IVVW) and Defiance S&P 500 Target Income ETF (SPYT) belong to the same industry segment: Options Strategies. Both ETFs have the same top 3 sector exposures: Information Technology, Financials and Communication Services. IVVW is less expensive with a Total Expense Ratio (TER) of 0.25%, versus 0.92% for SPYT. IVVW is up 1.17% year-to-date (YTD) with +$46M in YTD flows. SPYT performs worse with 0.25% YTD performance, and +$17M in YTD flows. Run a side-by-side ETF comparison of IVVW and SPYT below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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IVVW vs SPYT performance and flow charts

Performance

-6.0-5.0-4.0-3.0-2.0-1.00.01.0%Mar 10Mar 17Mar 24Mar 31Apr 8

Cumulative Flows

0 M5 M10 M15 M20 MMar 10Mar 17Mar 24Mar 31Apr 8

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 04/10/2026
1M3MYTD1Y3Y5Y
Perf.
IVVW
SPYT
+0.44%+0.69%
+0.47%-1.29%
+1.17%+0.25%
+23.31%+26.51%
n/an/a
n/an/a
Flows
IVVW
SPYT
+$21M-$1M
+$41M+$16M
+$46M+$17M
+$223M+$49M
--
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
IVVW
SPYT
+11.94%+14.06%
+8.86%+12.08%
n/an/a
n/an/a
Max drawdown
IVVW
SPYT
-5.83%-7.87%
-5.83%-7.87%
n/an/a
n/an/a
Max drawdown duration
IVVW
SPYT
44d67d
44d67d
n/an/a
n/an/a
Trading data

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IVVW
SPYT
Last sale
4/10/2026 at 1:30 PM
$43.99
$16.65
Previous close
04/09/2026
$43.93
$16.68
Consolidated volume
04/09/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of March 31, 2026
1-year trailing difference

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SPYT
is actively managed and doesn’t replicate an index

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IVVW
SPYT
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 4/10/2026 at 1:30 PM
Live
Closed
IVVW
SPYT
Last price
$43.99
$16.65
1D performance
+0.15%
-0.18%
AuM$253.33 M$143.74 M
E/R0.25%0.92%
Characteristics
IVVW
SPYT
Management strategyPassiveActive
ProvideriSharesDefiance ETFs
BenchmarkCboe S&P 500 Enhanced 1% OTM BuyWrite Index-
N° of holdings479479
Asset class--
Trailing 12m distribution yield
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Inception dateMarch 14, 2024March 5, 2024
ESGNoNo
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Exposure

Countries

IVVW
USA
97.84%
Other
2.16%
SPYT
USA
96.66%
Other
3.34%

Sectors

IVVW
Information Techn.
34.28%
Financials
10.58%
Communication Ser.
10.36%
Consumer Discreti.
10.13%
Health Care
9.54%
Industrials
8.54%
Other
16.58%
SPYT
Information Techn.
33.93%
Financials
10.47%
Communication Ser.
10.25%
Consumer Discreti.
10.03%
Health Care
9.44%
Industrials
8.45%
Other
17.43%
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Diversification

IVVW

Total weight of top 15 holdings out of 15

42.92%
SPYT

Total weight of top 15 holdings out of 15

42.48%

Top 15 holdings

Data as of February 28, 2026
IVVW
NVIDIA
7.66%
APPLE
6.88%
MICROSOFT-T
5.09%
AMAZON.COM INC
3.45%
ALPHABET INC-CL
3.05%
BROADCOM LIMITED
2.59%
META PLATFORMS
2.44%
ALPHABET INC-CL
2.44%
TESLA
1.96%
BERKSHIRE HATHWAY
1.57%
JPMORGAN CHASE
1.42%
LILLY
1.38%
EXXON
1.07%
JOHNSON&JOHNSON
1.00%
WALMART INC
0.93%
SPYT
NVIDIA
7.58%
APPLE
6.81%
MICROSOFT-T
5.04%
AMAZON.COM INC
3.41%
ALPHABET INC-CL
3.02%
BROADCOM LIMITED
2.56%
META PLATFORMS
2.41%
ALPHABET INC-CL
2.41%
TESLA
1.94%
BERKSHIRE HATHWAY
1.56%
JPMORGAN CHASE
1.41%
LILLY
1.37%
EXXON
1.06%
JOHNSON&JOHNSON
0.99%
WALMART INC
0.92%
Frequently asked questions about IVVW and SPYT

How have the IVVW and SPYT ETFs performed in 2026?

As of April 10, 2026, IVVW is up 1.17% year-to-date (YTD), while SPYT has returned 0.25%. That puts IVVW better performer ahead so far this year.

Which ETF is attracting more investor money: IVVW or SPYT?

Year-to-date, the IVVW ETF saw +$46M in flows, compared to +$17M for SPYT.

Which ETF is more volatile: IVVW or SPYT?

Over the past year, IVVW had a volatility of 8.86%, while SPYT experienced 12.08%.

Which ETF is bigger: IVVW or SPYT?

As of April 10, 2026, IVVW holds $253.33 M in assets under management (AUM), while SPYT manages $143.74 M.

What sectors do the IVVW and SPYT ETFs invest in?

IVVW leans toward sectors like Information Technology, Financials and Communication Services. Meanwhile, SPYT focuses on Information Technology, Financials and Communication Services.

What are the top holdings of the IVVW ETF and SPYT ETF?

IVVW top holdings include NVIDIA, APPLE and MICROSOFT-T. SPYT holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: IVVW or SPYT?

IVVW holds 504 securities with 42.92% of its assets in the top 15. SPYT has 504 securities and a top 15 weight of 42.48%.

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