(TLTW) iShares Trust - iShares 20+ - Ratings and Ratios

Exchange: BATS • Country: USA • Currency: USD • Type: Etf • ISIN: US46436E3383

TLTW: Income, Options, Derivatives

The iShares Trust - iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) is designed to generate income by employing a covered call strategy. The fund writes call options on shares of the underlying fund (iShares 20+ Year Treasury Bond ETF) up to the full amount of shares held in the portfolio. This approach aims to enhance returns through option premiums while maintaining exposure to long-duration Treasury bonds. The ETF is categorized under Derivative Income, focusing on income generation through the sale of options contracts.

From a technical standpoint, TLTW exhibits low volatility, with an Average True Range (ATR) of 0.30, indicating stable price movements. The ETF is trading near its key moving averages, with the 20-day SMA at 23.31, 50-day SMA at 23.53, and 200-day SMA at 23.51, suggesting a consolidative price pattern. The last price of 23.05 reflects a slight discount to its short-term moving averages. With an average volume of 567,850 shares over the past 20 days, TLTW maintains moderate liquidity for an income-focused ETF.

Based on the provided data, TLTW is expected to trade within a narrow range, supported by its low volatility and stable moving averages. The funds AUM of $1.012 billion underscores its appeal as a conservative income-generating investment. The covered call strategy is likely to continue providing a steady stream of income, though upside potential may remain limited due to the nature of the options strategy. Investors seeking predictable returns from Treasury bonds with an additional income layer from options premiums may find TLTW aligns with their objectives.

Additional Sources for TLTW ETF

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle

TLTW ETF Overview

Market Cap in USD 1,063m
Category Derivative Income
TER 0.35%
IPO / Inception 2022-08-18

TLTW ETF Ratings

Growth Rating -24.5
Fundamental -
Dividend Rating 66.0
Rel. Strength -8.13
Analysts -
Fair Price Momentum 24.26 USD
Fair Price DCF -

TLTW Dividends

Dividend Yield 12m 15.22%
Yield on Cost 5y 13.79%
Annual Growth 5y 6.41%
Payout Consistency 90.0%
Payout Ratio %

TLTW Growth Ratios

Growth Correlation 3m -48%
Growth Correlation 12m -16.6%
Growth Correlation 5y -37.6%
CAGR 5y -3.35%
CAGR/Max DD 5y -0.18
Sharpe Ratio 12m 1.63
Alpha -1.45
Beta -0.049
Volatility 7.89%
Current Volume 419.1k
Average Volume 20d 618.1k
What is the price of TLTW shares?
As of June 16, 2025, the stock is trading at USD 22.68 with a total of 419,059 shares traded.
Over the past week, the price has changed by +1.07%, over one month by +1.92%, over three months by -0.96% and over the past year by +2.40%.
Is iShares Trust - iShares 20+ a good stock to buy?
Neither. Based on ValueRay´s Analyses, iShares Trust - iShares 20+ is currently (June 2025) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of -24.49 and therefor a technical neutral rating according to historical growth.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of TLTW is around 24.26 USD . This means that TLTW is currently overvalued and has a potential downside of 6.97%.
Is TLTW a buy, sell or hold?
iShares Trust - iShares 20+ has no consensus analysts rating.
What are the forecasts for TLTW share price target?
According to our own proprietary Forecast Model, TLTW iShares Trust - iShares 20+ will be worth about 26.2 in June 2026. The stock is currently trading at 22.68. This means that the stock has a potential upside of +15.52%.
Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 26.2 15.5%