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LQDWvsSPYIETF Comparison

ETF 1

LQDW

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF

This fund is part of

Options Strategies

-0.88%

Full LQDW fund page

VS

ETF 2

SPYI

NEOS S&P 500 High Income ETF

This fund is part of

Options Strategies

-0.88%

Full SPYI fund page

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (LQDW) and NEOS S&P 500 High Income ETF (SPYI) belong to the same industry segment: Options Strategies. LQDW is less expensive with a Total Expense Ratio (TER) of 0.34%, versus 0.68% for SPYI. LQDW is up 0.35% year-to-date (YTD) with +$99M in YTD flows. SPYI performs better with 11.28% YTD performance, and +$5.43B in YTD flows. Run a side-by-side ETF comparison of LQDW and SPYI 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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LQDW vs SPYI performance and flow charts

Performance

Cumulative Flows

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Data Services

Historic performance and flows

Data as of 10/16/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	LQDW SPYI	+0.58%+1.71%	-0.83%+2.73%	+0.35%+11.28%	+1.01%+15.93%	+13.84%+60.69%	n/an/a
Flows	LQDW SPYI	+$38M+$465M	+$96M+$1.86B	+$99M+$5.43B	+$102M+$6.58B	+$258M+$11.71B	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	LQDW SPYI	+5.06%+8.90%	+4.24%+10.72%	+4.35%+12.54%	n/an/a
Max drawdown	LQDW SPYI	-2.53%-2.47%	-3.48%-7.69%	-3.49%-16.58%	n/an/a
Max drawdown duration	LQDW SPYI	50d15d	109d48d	181d125d	n/an/a

Trading data

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	LQDW	SPYI
Last sale 10/16/2026 at 1:30 PM	$22.69	$53.35
Previous close 10/15/2026	$22.70	$53.82
Consolidated volume 10/15/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of September 30, 2026

1-year trailing difference

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SPYI

is actively managed and doesn’t replicate an index

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	LQDW	SPYI
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/16/2026 at 1:30 PM

Live

Closed

	LQDW	SPYI
Last price	$22.69	$53.35
1D performance	-0.04%	-0.87%
AuM	$350.66 M	$12.49 B
E/R	0.34%	0.68%

Characteristics

	LQDW	SPYI
Management strategy	Passive	Active
Provider	iShares	NEOS Investment Management
Benchmark	Cboe LQD BuyWrite Index	-
N° of holdings	-	-
Asset class	Fixed Income	-
Trailing 12m distribution yield	Join	Join
Inception date	August 18, 2022	August 30, 2022
ESG	No	No

More LQDW data on Trackinsight

More SPYI data on Trackinsight

Exposure

Countries

LQDW

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SPYI

Data will be available soon

Sectors

LQDW

Data will be available soon

SPYI

Data will be available soon

Diversification

LQDW

Data will be available soon

SPYI

Data will be available soon

Top 15 holdings

Data as of January 1, 1970

LQDW

Data will be available soon

SPYI

Data will be available soon

Frequently asked questions about LQDW and SPYI

LQDWvsSPYIETF Comparison

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF

NEOS S&P 500 High Income ETF

LQDW vs SPYI performance and flow charts

Performance

Cumulative Flows

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Countries

Sectors

Diversification

Top 15 holdings

How have the LQDW and SPYI ETFs performed in 2026?

As of October 16, 2026, LQDW is up 0.35% year-to-date (YTD), while SPYI has returned 11.28%. That puts SPYI better performer ahead so far this year.

Which ETF is attracting more investor money: LQDW or SPYI?

Year-to-date, the LQDW ETF saw +$99M in flows, compared to +$5.43B for SPYI.

Which ETF is more volatile: LQDW or SPYI?

Over the past year, LQDW had a volatility of 4.24%, while SPYI experienced 10.72%.

Which ETF is bigger: LQDW or SPYI?

As of October 16, 2026, LQDW holds $350.66 M in assets under management (AUM), while SPYI manages $12.49 B.

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