ETF Analysis
iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW) ETF Analysis
iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW) ETF analysis covering performance, holdings context, risk, drawdowns, volatility, momentum, dividends, valuation exposure, and the current AlgovestIQ assessment.
iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW) currently has an AIQ Score of 50/100, indicating a neutral setup. Risk is the strongest factor at 63/100. Value is the weakest current factor at 36/100. Performance, momentum, risk, distribution, and exposure evidence should be read together at the latest market-close snapshot.
TLTW at a Glance
Crawlable current metrics from the latest market-close ETF snapshot.
| Metric | Current |
|---|---|
| Price | $20.74 |
| AIQ Score | 50/100 |
| Overall View | Neutral |
| Technical Analysis Consensus | Buy |
| Fund Size | $1.59B |
| Expense Ratio | 0.35% |
| Holdings Count | 50 |
| NAV | $20.54 |
| Asset Class | Fixed Income |
| Primary Exposure | Treasuries (99.88%) |
| Issuer | IShares |
| Domicile | US |
| Inception Date | Aug 18, 2022 |
| Distribution Yield | 11.63% |
| Beta | 1.68 |
| Average Volume | 1.58M |
| 52-week range | $19.73-$24.08 |
| RSI 14 | 63.55 |
| 50-Day SMA | $20.82 |
| 200-Day SMA | $21.99 |
| Risk Score | 63/100 |
| Momentum Score | 53/100 |
| Value Exposure Score | 36/100 |
TLTW Long-Horizon ETF Performance
Trailing returns, growth of $10,000, drawdown history, and calendar-year returns from available daily closes.
| Period | Total return | Annualized | Max drawdown | Start date |
|---|---|---|---|---|
| 1Y | -13.51% | -13.52% | -17.35% | Oct 20, 2025 |
| 3Y | -23.15% | -8.40% | -30.11% | Oct 20, 2023 |
| 5Y | -47.65% | -14.41% | -50.11% | Aug 22, 2022 |
| 10Y | -47.65% | -14.41% | -50.11% | Aug 22, 2022 |
Growth of $10,000
Indexed to the first available close in this history window.
Drawdown History
Peak-to-trough decline from each prior high over the available window.
Calendar-Year Returns
Full-year returns where available, with the current calendar year shown as YTD.
TLTWiShares 20+ Year Treasury Bond BuyWrite Strategy ETF
Financial Services / Asset Management - Income
Low Priority
In Line With Peers
Latest quote
- Momentum53
- Value36
- Quality56
- Risk resilience63
- Sentiment—
TLTW ETF Analysis Summary
iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW) currently has an AIQ Score of 50/100, indicating a neutral setup. Risk resilience is the strongest factor at 63/100. Value is the weakest current factor at 36/100. Performance, exposure, distribution, momentum, and risk evidence should be read together at the latest market-close snapshot.
In a neutral regime, TLTW has AIQ Score of 50/100 with Risk resilience base of 63/100 and fading Value at 36/100. Wait for component alignment before adding exposure.
Risk resilience (63/100) leads while Value (36/100) lags. This cross-factor spread creates entry timing uncertainty.
Financial Services · 0.29% ETF move · TLTW classified in Asset Management - Income.
Current Evidence
AlgovestIQ Evidence Summary
Current consensus, supporting evidence, recent changes, and what would strengthen or weaken the view.
Is TLTW Bullish or Bearish Right Now?
TLTW currently has a neutral overall setup. Risk Resilience is the strongest factor at 63/100, while Value is weakest at 36/100. The current evidence suggests a mixed rather than strongly bullish or bearish setup.
- - Risk Resilience is supportive at 63/100.
- - Technical consensus has more buy votes than sell votes (26 vs 16).
- - Value is the current constraint at 36/100.
- - Price is -5.69% below its 200-day SMA.
Current Consensus
TLTW's Technical Analysis Consensus is currently Buy, with 26 buy, 3 neutral, and 16 sell votes. TLTW's 14-day RSI is 63.55, which places the ETF in a constructive momentum range. TLTW's beta is 1.68, indicating greater market sensitivity than the broad market.
What Changed in TLTW?
The largest recent change in TLTW is Momentum moving up by 21.0 points over the available 7-day comparison window. Risk Resilience remains the strongest visible factor.
What Would Change the TLTW Outlook?
The current neutral outlook could improve if AIQ moves above 70, momentum recovers, risk resilience improves, and price confirms a stronger trend above the 50-day and 200-day moving averages. It would weaken if AIQ falls below 40, price loses long-term moving-average support, distribution or liquidity context deteriorates, or risk evidence worsens.
AIQ > 70, RSI above 55, price above SMA-50/SMA-200, and positive market-context evidence.
AIQ below 40, RSI below 45, loss of SMA-200, negative revisions, or rising volatility and drawdown risk.
TLTW Decision Framework
Public evidence layers, setup checks, and risk context for iShares 20+ Year Treasury Bond BuyWrite Strategy ETF.
iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW) ETF Analysis
iShares 20+ Year Treasury Bond BuyWrite Strategy ETF has an AIQ Score of 50/100 in a Neutral regime. Risk is strongest at 63/100. Beta is 1.68, above market sensitivity. Review the supporting etf factors together before drawing a conclusion from any single score.
| Evidence Layer | Public Evidence |
|---|---|
| Regime Context | TLTW is in a Neutral AIQ regime with score 50/100. |
| Signal Conflict | The primary conflict is that risk leads at 63/100 while value lags at 36/100. |
| Factor Evidence | Momentum 53/100 · Value 36/100 · Quality 56/100 · Risk 63/100 |
| Persistence | Current snapshot evidence is shown; historical persistence remains in AIQ Pro. |
Current Setup Checklist
Risk is the strongest factor at 63/100.
Momentum is 53/100 and RSI (14) is 63.5.
TLTW is in a Neutral regime at 50/100.
Risk factor is 63/100 with beta 1.68 and annual volatility 8.8%.
Current conflict: risk leads at 63/100 while value lags at 36/100.
TLTW Research Cluster
ETF-specific paths for performance, risk, distributions, market context, data, comparisons, and news.
TLTW ETF Analytics
TLTW holdings context, yield, risk, valuation exposure, momentum, and AIQ evidence.
TLTW Technical Analysis
TLTW technical setup based on RSI, MACD, moving averages, AIQ Momentum, volume, trend, volatility, and pivots.
TLTW ETF Market Context
Track TLTW market context, news pressure, trend changes, income events, and current allocation evidence.
TLTW Distribution Analysis
TLTW distribution yield, annualized distributions, payment history, and income context.
TLTW ETF Data
TLTW available fund data, market metrics, technical readings, risk measures, and AIQ evidence.
TLTW Risk Analysis
TLTW volatility, beta, drawdown, Sharpe ratio, VaR, and downside resilience.
TLTW ETF News
TLTW ETF news, market tone, recent headlines, and catalyst context.
TLTW vs Fixed Income — Government Peers
Current peer cohort: TLTW · USFR · VGIT · VGLT · VGSH. Compare AIQ, factor scores, Sharpe ratio and 1-year volatility in one indexable view.
| Peer | AIQ | Value | Momentum | Risk | Sharpe | 1Y Volatility | Compare |
|---|---|---|---|---|---|---|---|
| TLTW Current ETF | 50/100 | 36/100 | 53/100 | 63/100 | -2.02 | 8.80% | Current |
| USFR WisdomTree Floating Rate Treasury Fund | 60/100 | 36/100 | 78/100 | 66/100 | -3.41 | 1.08% | TLTW vs USFR |
| VGIT Vanguard Intermediate-Term Treasury ETF | 59/100 | 36/100 | 57/100 | 88/100 | -2.69 | 3.64% | TLTW vs VGIT |
| VGLT Vanguard Long-Term Treasury ETF | 53/100 | 36/100 | 59/100 | 54/100 | -1.77 | 8.82% | TLTW vs VGLT |
| VGSH Vanguard Short-Term Treasury ETF | 57/100 | 36/100 | 58/100 | 73/100 | -3.6 | 1.71% | TLTW vs VGSH |
Peer cohort is resolved dynamically from the AlgovestIQ universe taxonomy and Compare relationship graph. Data as of Oct 21, 2026.
About the AIQ Score
Methodology for the current ETF evidence.
The AlgovestIQ AIQ Score combines multiple dimensions of ETF evidence, including momentum, valuation exposure, quality, risk resilience, sentiment context, and timing signals. It is a descriptive research score, not a guarantee of future performance or a personalized recommendation.
View AIQ methodologyFactor Diagnostics
A compact bridge from the AIQ score to the evidence tabs.
Valuation exposure across the fund's holdings.
Quality context inferred from fund exposure and available evidence.
Trend, momentum, volume, and timing confirmation.
Resilience, volatility, beta, drawdown, and tail risk.
News and event pressure around the setup.
Open the return calculator with ETF context while purchase price, shares, dates and fees remain user inputs.
AIQ Component Profile
Compare the five component scores on one consistent 0–100 scale.
Review earnings timing, revisions, news pressure, and prior event reactions in one place.
Open catalystsNo quarterly financial rows in this snapshot.
Checked Oct 22, 2026
Explore factor drivers, conflicts, persistence, and scenario sensitivity in the advanced workspace.
ETF Analytics Snapshot
Current ETF evidence uses fund profile, cost, size, distribution, momentum, and risk fields.
ETF pages use fund-native profile fields for cost, size, liquidity, holdings breadth, NAV, issuer, and launch date.
Market Confirmation
Technicals are summarized first, with the indicator library behind it.
Risk Alignment
Higher resilience is stronger; exposure metrics stay separate.
Continue Researching TLTW
Open the detailed evidence pages and workflows behind the stock overview read.
Premium Feature
Full AIQ Analysis
AIQ Intelligence
AIQ Pro for TLTW
Scenario Analysis
AIQ Scenario Builder
Portfolio Implication
Related Links
TLTW ETF FAQ
What is TLTW ETF price today?
TLTW is currently shown at $20.74. Use the live quote with the 52-week range and AIQ context before comparing funds.
What is TLTW's 52-week high and low?
TLTW's 52-week range is $19.73 to $24.08 based on the latest completed market-close snapshot from Oct 21, 2026. A price near either extreme should be evaluated with volatility and trend evidence.
Does TLTW pay a dividend?
TLTW's current distribution yield is 11.63% based on the latest completed market-close snapshot from Oct 21, 2026. For ETFs, dividend yield should be compared with expense ratio, holdings, and risk.
What should investors compare before buying TLTW?
Compare TLTW's price trend, expense profile, yield, holdings exposure, volatility, and AIQ signal. ETF decisions should focus on portfolio fit as much as current momentum.