TLTW Performance — iShares 20+ Year Treasury Bond BuyWrite Strategy ETF
Data updated: 2026-09-25
TLTW returned −1.46% year to date and +3.77% over one year to Jul 2026. The annualised 3-year return is −0.23%. The fund trailed its US Multi-Cap category average: $100 invested three years ago grew to $99, against $118 for the category, and to $104 over one year, against $109. Volatility over the past three years was 10.51% a year. In the 12 months to Jul 2026 the fund took in a net $767.3M, and assets reached $1.84B.
TLTW Growth of $100
What $100 invested in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Multi-Cap category average over the same months.
| Period | TLTW | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $104 | $109 |
| 3 years (Aug 2023 – Jul 2026) | $99 | $118 |
| Since data start (Aug 2022 – Jul 2026) | $95 | $119 |
TLTW Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −1.46% |
| 1 year | +3.77% |
| 3 years (annualised) | −0.23% |
TLTW Annual Returns
Calendar-year total returns of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | −1.46% |
| 2025 | +11.28% |
| 2024 | −2.11% |
| 2023 | +0.76% |
| 2022 (Aug–Dec) | −12.37% |
TLTW Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.3% | +4.3% | −3.1% | −0.5% | +0.5% | +1.3% | −4.1% | — | — | — | — | — |
| 2025 | +0.8% | +3.7% | +0.6% | −0.8% | −1.7% | +3.1% | −0.1% | +1.0% | +3.5% | +2.4% | +0.4% | −2.0% |
| 2024 | −1.2% | −1.1% | +1.4% | −5.6% | +2.5% | +2.3% | +3.6% | +2.0% | +2.5% | −5.0% | +0.9% | −3.9% |
| 2023 | +8.4% | −4.3% | +5.2% | +1.0% | −1.1% | +1.5% | −1.5% | −3.8% | −5.9% | −5.0% | +5.9% | +1.6% |
| 2022 | — | — | — | — | — | — | — | −1.7% | −6.8% | −5.4% | +5.6% | −4.3% |
TLTW Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 10.51%
- 3-year Sharpe ratio: -0.45 (vs 4.5% risk-free rate)
- Best month: +5.90% (Nov 2023)
- Worst month: −5.94% (Sep 2023)
TLTW Fund Flows
Monthly money in and out of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF, from SEC Form N-PORT.
- 12-month net flow: $767.3M
- 12-month gross sales (incl. reinvestments): $964.2M
- Sales ÷ redemptions: 4.90×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $21.7M | $19.0M | $2.7M |
| Jun 2026 | $2.2M | $57.2M | −$55.0M |
| May 2026 | $50.1M | $55.2M | −$5.1M |
| Apr 2026 | $166.6M | $2.3M | $164.4M |
| Mar 2026 | $101.8M | $6.2M | $95.6M |
| Feb 2026 | $53.8M | $10.9M | $43.0M |
| Jan 2026 | $69.7M | $6.3M | $63.4M |
| Dec 2025 | $69.9M | $19.4M | $50.5M |
| Nov 2025 | $117.5M | $5.9M | $111.6M |
| Oct 2025 | $130.8M | $7.7M | $123.1M |
| Sep 2025 | $79.8M | $1.7M | $78.0M |
| Aug 2025 | $100.3M | $5.1M | $95.2M |
TLTW Assets Under Management
Net assets of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.84B |
| 2026-04-30 | $1.98B |
| 2026-01-31 | $1.72B |
| 2025-10-31 | $1.56B |
| 2025-07-31 | $1.21B |
| 2025-04-30 | $1.04B |
| 2025-01-31 | $996.33M |
| 2024-10-31 | $1.11B |
| 2024-07-31 | $985.85M |
| 2024-04-30 | $836.95M |
| 2024-01-31 | $889.18M |
| 2023-10-31 | $640.99M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.