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LQDW vs BSMT

Comparison between ISHARES INVESTMENT GRADE CORPORATE BOND BUYWRITE STRATEGY ETF (LQDW, ETF) and INVESCO BULLETSHARES 2029 MUNICIPAL BOND ETF (BSMT, ETF).

LQDW vs BSMT - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
Winner
LQDW
$272M
BSMT
$271M
Expense Ratio
LQDW
0.34%
Winner
BSMT
0.18%
Max Drawdown
LQDW
40.79%
Winner
BSMT
17.74%
Sharpe Ratio
Winner
LQDW
0.73
BSMT
0.56
5Y Beta
LQDW
0.11
Winner
BSMT
0.01
5Y Dividends CAGR
LQDW
N/A
BSMT
9.71%

LQDW vs BSMT - Historical Returns

Returns include dividend reinvestment.

1M
Winner
LQDW
+0.88%
BSMT
+0.20%
3M
Winner
LQDW
+2.44%
BSMT
+0.15%
6M
Winner
LQDW
+2.06%
BSMT
+1.15%
1Y
Winner
LQDW
+6.66%
BSMT
+4.61%
5Y(CAGR)
LQDW
N/A
BSMT
-0.28%
Max(CAGR)
Winner
LQDW
+2.58%
BSMT
+0.94%

LQDW vs BSMT - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

YearLQDWBSMT
2026+1.54%+0.76%
2025+8.83%+3.62%
2024+2.88%+0.36%
2023+3.37%+5.16%
2022-6.78%-10.94%
2021N/A+1.42%
2020N/A+6.96%
2019N/A-0.35%

LQDW vs BSMT Drawdown Comparison

The maximum drawdown for LQDW was -9.20%, occurring on Oct 20, 2022. Recovery took 496 trading sessions.

The maximum drawdown for BSMT was -16.19%, occurring on Oct 31, 2022. This drawdown has not yet recovered.

The current LQDW drawdown is -0.01%. The current BSMT drawdown is -2.23%.

RankLQDWBSMT
#1-9.20%
Aug 25, 2022 - Aug 16, 2024
-16.19%
Jul 19, 2021 - Oct 31, 2022
#2-3.68%
Oct 1, 2024 - Apr 1, 2025
-15.09%
Feb 27, 2020 - Jul 23, 2020
#3-3.14%
Apr 3, 2025 - May 15, 2025
-3.42%
Feb 11, 2021 - Jun 9, 2021
#4-2.59%
Feb 27, 2026 - Mar 13, 2026
-2.88%
Aug 10, 2020 - Dec 8, 2020
#5-1.15%
Oct 27, 2025 - Dec 18, 2025
-2.14%
Oct 9, 2019 - Jan 9, 2020
#6-0.66%
May 15, 2025 - May 27, 2025
-0.72%
Jun 10, 2021 - Jul 6, 2021
#7-0.61%
Jan 13, 2026 - Jan 23, 2026
-0.53%
Jan 6, 2021 - Jan 26, 2021
#8-0.51%
Aug 28, 2025 - Sep 4, 2025
-0.52%
Sep 25, 2019 - Oct 9, 2019
#9-0.40%
Sep 18, 2025 - Oct 1, 2025
-0.47%
Jan 31, 2020 - Feb 18, 2020
#10-0.34%
Oct 2, 2025 - Oct 10, 2025
-0.25%
Jul 31, 2020 - Aug 4, 2020
#11-0.32%
Jul 10, 2025 - Jul 17, 2025
-0.15%
Dec 28, 2020 - Dec 30, 2020
#12-0.30%
Jan 26, 2026 - Feb 6, 2026
-0.14%
Jan 27, 2020 - Jan 31, 2020
#13-0.25%
Sep 24, 2024 - Sep 27, 2024
-0.13%
Dec 21, 2020 - Dec 28, 2020
#14-0.25%
Aug 23, 2024 - Sep 4, 2024
-0.13%
Aug 4, 2020 - Aug 10, 2020
#15-0.24%
Jul 2, 2025 - Jul 10, 2025
-0.10%
Jul 28, 2020 - Jul 31, 2020

Correlation

Correlation between LQDW and BSMT is 0.89 which considered as a strong positive correlation - the stocks tend to move together.

0.89
-101

Dividend Comparison (2019 - 2026)

LQDW vs BSMT dividend yield comparison.

YearLQDWBSMT
20264.33%1.13%
202516.02%2.78%
202415.74%2.80%
202319.28%2.62%
20228.85%1.65%
20210.00%1.31%
20200.00%1.82%
20190.00%0.48%

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