IVVW ETF — iShares Blackrock S&P 500 BuyWrite ETF
iShares Blackrock S&P 500 BuyWrite ETF (IVVW)
IVVW is an ETF that tracks the S&P 500 Index. As of August 19, 2026, its distribution rate is 11.33%, its trailing-12-month yield is 17.36%, its expense ratio is 0.25%. Dividend Vision Distribution Safety Score™ is 84/100 (Safe). Fund total return is 34.7% over the past 2.4 years, 18.6 points behind SPY at 53.3%.
At the current 11.33% distribution rate, a $10,000 investment would generate approximately $1,133 per year, or $94.42 per month on an equivalent basis.
IVVW dividend yield and income
Data as of August 19, 2026.
The distribution rate (11.33%) is the latest posted forward yield, paid monthly. Trailing-12-month yield (17.36%) is the last year of payments divided by the current price. The last dividend was $0.4270. The last ex-dividend date was 08/04/2026. It was paid on 08/07/2026. At 11.33%, $10,000 would generate about $1,133 a year ($94.42 monthly-equivalent).
| Ex-date | Amount | vs year-ago payment |
|---|---|---|
| 2026-08-04 | $0.427 | -33.8% |
| 2026-07-02 | $0.004 | -99.4% |
| 2026-06-02 | $0.831 | 10.4% |
| 2026-05-04 | $0.588 | -13.9% |
| 2026-04-02 | $0.852 | 5.6% |
| 2026-03-03 | $0.548 | 66.6% |
| 2026-02-03 | $0.576 | 4.0% |
| 2025-12-23 | $0.66 | -34.7% |
| 2025-12-02 | $1.42 | 227.9% |
| 2025-11-04 | $0.73 | 17.7% |
| 2025-10-02 | $0.719 | -28.5% |
| 2025-09-03 | $0.493 | -51.3% |
| 2025-08-04 | $0.645 | 78.7% |
| 2025-07-02 | $0.655 | 14.1% |
| 2025-06-03 | $0.753 | 84.6% |
| 2025-05-02 | $0.683 | 9.8% |
| 2025-04-02 | $0.807 | 20.6% |
| 2025-03-04 | $0.329 | — |
| 2025-02-04 | $0.554 | — |
| 2024-12-20 | $1.011 | — |
| 2024-12-03 | $0.433 | — |
| 2024-11-04 | $0.62 | — |
| 2024-10-02 | $1.006 | — |
| 2024-09-04 | $1.012 | — |
| 2024-08-02 | $0.361 | — |
| 2024-07-02 | $0.574 | — |
| 2024-06-04 | $0.408 | — |
| 2024-05-02 | $0.622 | — |
| 2024-04-02 | $0.669 | — |
| 2024 total | $6.716 | — |
| 2025 total | $8.448 | 25.8% |
| 2026 YTD total | $3.826 | -13.6% |
IVVW dividend growth
Trailing-12-month distributions versus the preceding 12 months changed -5.60%. That is the seasonality-immune income comparison, not a single quarterly check versus the prior quarter. An annualized trend fit on recent payments is -52.77%. That fit can move with uneven quarterly amounts and is not the same as a trailing-12-month cut.
| Window | Change |
|---|---|
| 1Y | 8.0% |
IVVW performance versus SPY
Data as of August 19, 2026.
Fund total return is 34.7% over the past 2.4 years, 18.6 points behind SPY at 53.3%. Its deepest 1-year drawdown was 5.8%.
| Window | Total return | CAGR |
|---|---|---|
| Since inception (2.4 years) | 34.7% | 13.50% |
IVVW key facts
Data as of August 19, 2026.
- Distribution Safety Score™
- 84 · Safe
- Safety-Adjusted Yield
- 9.52%
- Issuer
- iShares
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 04/10/2024
- Expense ratio
- 0.25%
- Distribution rate
- 11.33%
- Distribution frequency
- Monthly
- Trailing yield
- 17.36%
- Last close
- $45.21
- AUM
- $336,838,370
- Average volume
- 112902.0
- Last dividend
- $0.4270
- Ex-dividend date
- 08/04/2026
- Payment date
- 08/07/2026
- Beta
- 0.5658
- P/E ratio
- 25.5488
How Dividend Vision calculates yield and returns
Distribution rate (11.33%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (17.36%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.
Distribution rate methodology · Distribution Safety Score methodology · SEC yield
Sources and review
Data as of August 19, 2026.
Primary sources: iShares fund page; Index: S&P 500 Index; prices and distributions from Dividend Vision, derived from vendor EOD data.
Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.
IVVW risks and drawbacks
Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 5.8%.
Who may consider IVVW — and who may not
IVVW may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.
Frequently asked questions
Does IVVW pay monthly?
Yes. IVVW currently pays monthly.
What index does IVVW track?
IVVW tracks the S&P 500 Index.
What is IVVW's expense ratio?
IVVW's expense ratio is 0.25%.
What is IVVW's dividend yield?
IVVW currently yields 11.33%, paid monthly, with a 0.25% expense ratio.
How has IVVW's dividend grown?
Trailing-12-month distributions versus the preceding 12 months changed -5.60%. That is not a single quarter versus the prior quarter.
When does IVVW pay a dividend?
IVVW pays monthly. The last dividend was $0.4270. The last ex-dividend date was 08/04/2026. It was paid on 08/07/2026.
How has IVVW performed?
Fund total return is 34.7% over the past 2.4 years, 18.6 points behind SPY at 53.3%. Its deepest 1-year drawdown was 5.8%.
Is IVVW a good investment?
IVVW's Dividend Vision Distribution Safety Score is 84 (Safe). That is a risk signal, not investment advice. It currently yields 11.33%. Compare peers below rather than treating any single figure as a buy or sell.
More funds from iShares.
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