BUYW Diversified Income
Main BuyWrite ETF
Fund Pricing
Market Price
Market Change
Premium/Discount
Distribution Yield 
SEC 30-Day Yield (Subsidized) 
SEC 30-Day Yield (Unsubsidized) 
0.63%
30-Day Median Bid/Ask
$1,190,874,847.84
0.99%
6.02%
9+ Years
- Overview
- Holdings
- Performance
- Distributions
- Documents
Investment Strategy
The Main BuyWrite ETF pursues its objective by employing an option strategy of writing (selling) covered call or index based options on an amount from 0% to 100% of the value of the ETF shares in the Fund’s portfolio.
The Fund seeks to earn income and gains both from dividends paid on the ETFs owned by the Fund and cash premiums received from writing or “selling” options. This approach aims to dampen volatility and provide risk-adjusted returns.
Top Holdings
Portfolio holdings are subject to change and should not be considered investment advice
| Symbol | Name | Market Price | Weight |
|---|---|---|---|
| SPYM US |
STATE STREET SPD Equity |
$86.99 |
42.09%
|
| IVV US |
ISHARES-C S&P500 Equity |
$742.45 |
15.55%
|
| XLE US |
SS ENERGY SELECT Equity |
$59.44 |
13.35%
|
| QQQM US |
INVES NASDAQ 100 Equity |
$291.89 |
11.82%
|
| XLC US |
SS COMM SLCT ETF Equity |
$116.08 |
10.67%
|
| XLF US |
SS FINANCIAL SEL Equity |
$51.10 |
10.06%
|
| XLV US |
SS HEALTH CARE Equity |
$145.10 |
9.25%
|
| STIP |
ISHARES 0-5 YEAR TIPS BON Equity |
$103.56 |
1.60%
|
| TRIXX |
STATE STREET SWEEP Equity |
$100.00 |
1.46%
|
| USD |
US DOLLARS Equity |
$1.00 |
0.29%
|
Performance
Distributions
| Ex-Date | Pay Date | Income | Total Amount |
|---|---|---|---|
| 04/23/2026 | 04/28/2026 | $0.0718 | $0.0718 |
| 03/26/2026 | 03/31/2026 | $0.0705 | $0.0705 |
| 02/19/2026 | 02/24/2026 | $0.0714 | $0.0714 |
| 01/22/2026 | 01/27/2026 | $0.0715 | $0.0715 |
| 12/23/2025 | 12/29/2025 | $0.0716 | $0.0716 |
| 11/21/2025 | 11/26/2025 | $0.0708 | $0.0708 |
| 10/24/2025 | 10/29/2025 | $0.0712 | $0.0712 |
| 09/23/2025 | 09/29/2025 | $0.0711 | $0.0711 |
| 08/22/2025 | 08/27/2025 | $0.0709 | $0.0709 |
| 07/25/2025 | 07/30/2025 | $0.0709 | $0.0709 |
| 06/24/2025 | 06/30/2025 | $0.0697 | $0.0697 |
| 05/23/2025 | 05/29/2025 | $0.0694 | $0.0694 |
| 04/25/2025 | 05/01/2025 | $0.0669 | $0.0669 |
| 03/25/2025 | 03/31/2025 | $0.0693 | $0.0693 |
| 02/21/2025 | 02/27/2025 | $0.0706 | $0.0706 |
| 01/24/2025 | 01/30/2025 | $0.0705 | $0.0705 |
| 12/19/2024 | 12/26/2024 | $0.0700 | $0.0700 |
| 11/21/2024 | 11/27/2024 | $0.0699 | $0.0699 |
| 10/24/2024 | 10/30/2024 | $0.0699 | $0.0699 |
| 09/19/2024 | 09/25/2024 | $0.0695 | $0.0695 |
| 08/22/2024 | 08/28/2024 | $0.0695 | $0.0695 |
| 07/25/2024 | 07/31/2024 | $0.0690 | $0.0690 |
| 06/20/2024 | 06/26/2024 | $0.0689 | $0.0689 |
| 05/23/2024 | 05/29/2024 | $0.0692 | $0.0692 |
| 04/24/2024 | 04/30/2024 | $0.0677 | $0.0677 |
| 03/21/2024 | 03/27/2024 | $0.0680 | $0.0680 |
| 02/22/2024 | 02/28/2024 | $0.0675 | $0.0675 |
| 01/25/2024 | 01/31/2024 | $0.0676 | $0.0676 |
| 12/21/2023 | 01/03/2024 | $0.0674 | $0.0674 |
| 11/21/2023 | 12/04/2023 | $0.0672 | $0.0672 |
| 10/19/2023 | 11/02/2023 | $0.0668 | $0.0668 |
| 09/21/2023 | 10/03/2023 | $0.0672 | $0.0672 |
| 08/24/2023 | 09/05/2023 | $0.0671 | $0.0671 |
| 07/20/2023 | 08/02/2023 | $0.0677 | $0.0677 |
| 06/22/2023 | 07/05/2023 | $0.0674 | $0.0674 |
| 05/25/2023 | 06/02/2023 | $0.0669 | $0.0669 |
| 04/20/2023 | 05/02/2023 | $0.0667 | $0.0667 |
| 03/23/2023 | 04/04/2023 | $0.0657 | $0.0657 |
| 02/23/2023 | 03/02/2023 | $0.0656 | $0.0656 |
| 01/26/2023 | 02/02/2023 | $0.0658 | $0.0658 |
| 12/22/2022 | 12/28/2022 | $0.0638 | $0.0638 |
| *Showing recent 4 distributions. View more . | |||
Documents
Important Disclosures
Principal Risks
Investment Risk: There is the risk that you could lose money through your investment in the Fund. The Fund is subject to management risk because it is an actively managed portfolio.
Equity Risk: The value of the equity securities held by the Fund may fall due to general market and economic conditions, perceptions regarding the industries in which the issuers of securities held by the Fund participate, or factors relating to specific companies in which the Fund invests.
Sector Concentration Risk: Because the Fund may focus on one or more sectors of the economy, its performance may depend on the performance of those sectors and investments focused in any one sector are subject to more volatility than investments that diversify across sectors.
ETF Risk: The Fund is an exchange-traded fund (ETF). An investment in an ETF presents the same primary risks as an investment in a conventional fund (i.e., one that is not exchange-traded) that has the same investment objectives, strategies and policies.
Fund Risk Disclosures
The Fund’s adviser, Main Management Fund Advisors, LLC (the “Adviser”), has contractually agreed to reduce its fees and/or absorb expenses of the Fund, until at least February 28, 2027, to ensure that total annual fund operating expenses after fee waiver and/or reimbursement will not exceed 0.95% of the Fund’s average daily net assets.
ETF shares are not redeemable with the issuing fund other than in large Creation Unit aggregations. Instead, investors must buy or sell ETF Shares in the secondary market with the assistance of a stockbroker. In doing so, the investor may incur brokerage commissions and may pay more than net asset value when buying and receive less than net asset value when selling. The NAV of the Fund’s shares is calculated each day the national securities exchanges are open for trading as of the close of regular trading on the New York Stock Exchange (“NYSE”), normally 4:00 p.m. Eastern time (the “NAV Calculation Time”). Shares are bought and sold at market price not NAV. Beginning November 2, 2020, market price returns are calculated using the closing price and account for distributions from the funds. Prior to November 2, 2020, market price returns were calculated using the midpoint price and accounted for distributions from the fund. The midpoint is the average of the bid-ask prices at 4:00 PM ET (when NAV is normally determined for most funds).
An active secondary market for the Fund’s shares may not exist. Although the Fund’s shares will be listed on an exchange, subject to notice of issuance, it is possible that an active trading market may not develop or be maintained. There is no guarantee that distributions will be paid.
Investing involves risk including the possible loss of principal. There is no assurance that the Fund will achieve its investment objectives. There is no guarantee that any investment strategy will achieve its objectives, generate profits or avoid losses.
Equity securities are susceptible to general stock market fluctuations and to volatile increases and decreases in value. Investments in foreign securities could subject the Fund to greater risks including currency fluctuation, economic conditions, and different governmental and accounting standards. The earnings and prospects of small and medium sized companies are more volatile than larger companies and may experience higher failure rates than larger companies. Overall market risks may also affect the value of the Fund. Factors such as domestic economic growth and market conditions, interest rate levels and political events affect the securities markets. For performance information current to the most recent month-end, please call toll-free 866-383-9778.
Options Risk. There are risks associated with the sale and purchase of call and put options. As a seller (writer) of a put option, the Fund will tend to lose money if the value of the reference index or security falls below the strike price. As the seller (writer) of a call option, the Fund may experience lower returns if the value of the reference index or security rises above the strike price.
Investors should carefully consider the investment objectives, risks, charges and expenses of the Main BuyWrite ETF. This and other important information about the Fund is contained in the prospectus, which can be obtained by calling 1-866-383-9778. The prospectus should be read carefully before investing. The Fund is distributed by Northern Lights Distributors, LLC, Member FINRA/SIPC. Main Management Fund Advisors, LLC is not affiliated with Northern Lights Distributors, LLC.
Available Where You Trade
- LPL
- Charles Schwab
- Robinhood
- Fidelity
- Interactive Brokers
- E-Trade
- Altruist
HOLDINGS (.CSV)





