---
ticker: "TLTW"
name: "iShares 20+ Year Treasury Bond BuyWrite Strategy ETF"
url: "https://etf.net/etf/TLTW"
grade: "A"
score: 74
graded_at: "2026-10-12"
category: "Treasury Option Income"
category_rank: "1 of 14"
methodology: "https://etf.net/methodology"
---

# TLTW: iShares 20+ Year Treasury Bond BuyWrite Strategy ETF

Grade **A**, Score 74 of 100. Rank 1 of 14 in Treasury Option Income.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 88 | 2 of 14 |
| Mission | 85 | 2 of 5 |
| Risk | 26 | 10 of 14 |
| Tradability | 90 | 1 of 14 |
| Holdings | 75 | 1 of 13 |
| Durability | 97 | 1 of 14 |

## Top holdings

The fund holds 48 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Treasury Bond 4.75% 05/15/2055 | 4.32% |
| 2 | — | Treasury Bond 4.63% 05/15/2054 | 4.13% |
| 3 | — | Treasury Bond (Old) 5.00% 05/15/2056 | 4.06% |
| 4 | — | Treasury Bond 4.75% 11/15/2053 | 4.02% |
| 5 | — | Treasury Bond 4.25% 02/15/2054 | 3.92% |
| 6 | — | Treasury Bond 4.13% 08/15/2053 | 3.91% |
| 7 | — | Treasury Bond 4.63% 11/15/2055 | 3.89% |
| 8 | — | Treasury Bond 4.25% 08/15/2054 | 3.88% |
| 9 | — | Treasury Bond (2OLD) 4.75% 02/15/2056 | 3.87% |
| 10 | — | Treasury Bond 4.63% 02/15/2055 | 3.84% |
| 11 | — | Treasury Bond 4.50% 11/15/2054 | 3.83% |
| 12 | — | Treasury Bond 1.88% 11/15/2051 | 3.68% |
| 13 | — | Treasury Bond 4.75% 08/15/2055 | 3.45% |
| 14 | — | Treasury Bond 2.00% 08/15/2051 | 3.14% |
| 15 | — | Treasury Bond 3.63% 05/15/2053 | 3.12% |
| 16 | — | Treasury Bond 4.00% 11/15/2052 | 3.01% |
| 17 | — | Treasury Bond 3.63% 02/15/2053 | 2.61% |
| 18 | — | Treasury Bond (Otr) 5.13% 08/15/2056 | 2.54% |
| 19 | — | Treasury Bond 1.88% 02/15/2051 | 2.49% |
| 20 | — | Treasury Bond 3.00% 08/15/2048 | 2.43% |
| 21 | — | Treasury Bond 3.13% 05/15/2048 | 2.41% |
| 22 | — | Treasury Bond 1.38% 08/15/2050 | 2.36% |
| 23 | — | Treasury Bond 3.00% 02/15/2049 | 2.28% |
| 24 | — | Treasury Bond 1.63% 11/15/2050 | 2.24% |
| 25 | — | Treasury Bond 3.00% 02/15/2048 | 2.14% |
| 26 | — | Treasury Bond 3.38% 11/15/2048 | 1.94% |
| 27 | — | Treasury Bond 2.25% 08/15/2049 | 1.91% |
| 28 | — | Treasury Bond 2.00% 02/15/2050 | 1.85% |
| 29 | — | Treasury Bond 2.75% 11/15/2047 | 1.81% |
| 30 | — | Treasury Bond 2.25% 02/15/2052 | 1.61% |

Source: etf.net, https://etf.net/etf/TLTW. Please cite the page URL.