ETF profile
Invesco S&P 500 BuyWrite ETF logo

Invesco S&P 500 BuyWrite ETF (PBP)

ETF overview

The Invesco S&P 500 BuyWrite ETF, or "the Fund," aligns its investment strategy with the CBOE S&P 500 BuyWrite Index, referred to as "the Index." At least 90% of the Fund's assets are typically committed to the securities making up this Index, against which it then sells call options. The Index serves as a benchmark measuring total returns, specifically engineered to simulate a "buy-write" investment strategy on the S&P 500 Index. This involves calculating the complete return from an S&P 500 covered call methodology. Such a methodology entails maintaining a substantial investment (a long position) tracking the S&P 500 Index, while concurrently generating income by selling a series of covered call options. These options are structured so their exercise price is always equivalent to or greater than the prevailing market price of the S&P 500 Index. All dividends received from the underlying S&P 500 component stocks, along with the cash value of premiums collected from selling options, are consistently reinvested. Both the Fund and its guiding Index undergo adjustments, including rebalancing and reconstitution, on a monthly schedule.

CountryUnited States of America
ExchangeCBOE
Trades inUSD
Current price
23.30 USD+0.26%
Close 21 Oct 2026
Interval
Benchmarks

Fund facts

Expense ratio
0.29%
Fund assets
391M USD (all share classes)
Issuer
Invesco
Inception date
Dec 20, 2007
Number of holdings
506

Breakdown

Holdings (506)

NameTickerWeight
NVIDIA CorpNVDA8.00%
Apple IncAAPL7.59%
Microsoft CorpMSFT6.09%
Amazon.com IncAMZN3.80%
Alphabet IncGOOGL3.12%
Alphabet IncGOOG2.49%
Broadcom IncAVGO2.49%
Meta Platforms IncMETA2.47%
Micron Technology IncMU1.60%
Tesla IncTSLA1.55%
and 493 more

Similar ETFs

Overlap is the share of assets the two funds hold in common.

Historical returns do not guarantee future returns. This is not investment advice.

Invesco S&P 500 BuyWrite ETF (PBP)

PBP · CBOE
23.30 USD+0.26%
Sign up to track this ETF
Benchmarks
Fund facts
Expense ratio
0.29%
Fund assets
391M USD (all share classes)
Issuer
Invesco
Inception date
Dec 20, 2007
Number of holdings
506
Breakdown
Holdings (506)
NameTickerWeight
NVIDIA CorpNVDA8.00%
Apple IncAAPL7.59%
Microsoft CorpMSFT6.09%
Amazon.com IncAMZN3.80%
Alphabet IncGOOGL3.12%
Alphabet IncGOOG2.49%
Broadcom IncAVGO2.49%
Meta Platforms IncMETA2.47%
Micron Technology IncMU1.60%
Tesla IncTSLA1.55%
and 493 more
ETF overview

The Invesco S&P 500 BuyWrite ETF, or "the Fund," aligns its investment strategy with the CBOE S&P 500 BuyWrite Index, referred to as "the Index." At least 90% of the Fund's assets are typically committed to the securities making up this Index, against which it then sells call options. The Index serves as a benchmark measuring total returns, specifically engineered to simulate a "buy-write" investment strategy on the S&P 500 Index. This involves calculating the complete return from an S&P 500 covered call methodology. Such a methodology entails maintaining a substantial investment (a long position) tracking the S&P 500 Index, while concurrently generating income by selling a series of covered call options. These options are structured so their exercise price is always equivalent to or greater than the prevailing market price of the S&P 500 Index. All dividends received from the underlying S&P 500 component stocks, along with the cash value of premiums collected from selling options, are consistently reinvested. Both the Fund and its guiding Index undergo adjustments, including rebalancing and reconstitution, on a monthly schedule.

CountryUnited States of America
Trades inUSD
Similar ETFs

Overlap is the share of assets the two funds hold in common.

Historical returns do not guarantee future returns. This is not investment advice.

Unlock all ETF data

Sign up for Free

Unlock all ETF data

Sign up for Free