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BUYW vs RECI

Main BuyWrite ETF

BUYWCCboe

Columbia Research Enhanced Core Premium Income ET

RECIANYSE Arca

Overlap

Expense ratio

RECI −0.67pt a year

BUYW0.97%RECI0.30%

Avg volume · 30D

BUYW 14.7×the volume

BUYW412KRECI28K

BUYW vs RECI Performance

Jul 31, 2026 – Oct 30, 2026

+1.7%BUYW+3.2%RECI

Jul 31, 2026 to Oct 30, 2026. BUYW +1.7%. RECI +3.2%. Use the arrow keys to read each point.0%1%4%Jul 2026Sep 2026Oct 2026
Expense ratio
BUYW 0.97%
RECI 0.30%, better
Fund size
BUYW $1.48B
RECI $10M
1Y total return
BUYW +8.9%
RECI No data
Yield (12M)
BUYW 5.94%
RECI No data
Holdings
BUYW 11
RECI 356
Avg volume (30D)
BUYW 412K sh, better
RECI 28K sh
NAV per share
BUYW $14.50
RECI $20.49
52W range

ETF.net Grade

BUYW: Cost 45, Risk 84, Mission not scored, Tradability 65, Holdings 21, Durability 89. RECI: Cost 100, Risk 87, Mission not scored, Tradability 73, Holdings 61, Durability 45.
Pillar letters and Scores for BUYW, RECI, with each pillar’s weight
PillarBUYWRECI
Cost30% weightC45A100Higher
Mission25% weightNot scoredNot scored
Risk15% weightA84A87Higher
Tradability15% weightB65A73Higher
Holdings10% weightF21B61Higher
Durability5% weightA89HigherC45

Rank among Active Option Income funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. BUYW and RECI are both graded against the same 50 Active Option Income funds, so their Grades compare head to head.

Active Option Income⁠

Category · 50 funds
See all 50 ›

RECI ranks 1st and BUYW 19th of 50 funds in the Active Option Income Category.

  1. Rank 1ARECIColumbia Research Enhanced Core Premium Income ETScore 83
  2. Rank 2ATCALT. Rowe Price Capital Appreciation Premium Income ETFScore 80
  3. Rank 18BOVBOverlay Shares Core Bond ETFScore 57
  4. Rank 19CBUYWMain BuyWrite ETFScore 56
  5. Rank 20CGINXSGI Enhanced Global Income ETFScore 53

Our read on each fund

ETF.net Research

BUYWCMain BuyWrite ETF

RECIAColumbia Research Enhanced Core Premium Income ET

In short

BUYW A global covered-call fund built from ETFs rather than single stocks. The manager can write calls on anywhere from none to all of the portfolio, so the income dial moves with their read on the market.

RECI No data

Stated mandate

BUYW The Fund seeks total return through current income and long-term capital appreciation.

RECI No data

Why people hold it

  • BUYW The call writing is discretionary by design: the prospectus allows covered calls on 0% to 100% of the ETF portfolio's value, not a fixed weekly formula.sec.gov
  • The equity sleeve reaches across US, developed international and emerging markets, so premium is harvested off a global book instead of one home index.sec.gov
  • Pays monthly and sits in the upper half of a crowded options-income peer group.
  • Open since 2022 and now a multi-billion-dollar fund that trades at moderate volume, so the lights-on question is settled.

RECI No data

Worth knowing

  • BUYW Costs 0.99% net of a waiver through February 28, 2027 (1.13% gross), near the category median. Strong-scoring peers run cheaper: RECI at 0.30%, TCAL at 0.34%.
  • The holdings are other ETFs, not individual stocks, so you are hiring a manager to allocate across funds and layer options on top of that mix.sec.gov
  • Written calls exchange part of any upside in the covered positions for premium collected up front, the standard buywrite trade-off.sec.gov

RECI No data

Full BUYW profile⁠

Full RECI profile⁠

BUYW vs RECI Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BUYW vs RECI Cost

Overpaying BUYW vs RECI

$12,049

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BUYW 0.97%

    $18,198

  • RECI 0.30%

    $6,149

$10,000
30 years

Cost over time

  • BUYW 0.97%
  • RECI 0.30%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530BUYW $18,198RECI $6,149

Year by year

YearBUYWRECIOverpaying
10$1,712$545$1,167
20$6,443$2,113$4,330
30$18,198$6,149$12,049

Expense ratio

  • 0.97%BUYW
  • 0.30%RECI, cheaper
  • Middle half of Active Option Income funds
  • Median 0.95%

RECI cheapest of 50 funds

BUYW 27th cheapest of 50 funds

BUYW vs RECI Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
BUYW 5.94%
RECI No data
Payout (12M)
BUYW $0.86
RECI No data
Last payment
BUYW $0.07
RECI $0.03
Ex-dividend
BUYW Oct 22, 2026
RECI Oct 1, 2026
Paid on
BUYW Oct 27, 2026
RECI Oct 5, 2026
Frequency
BUYW Monthly
RECI Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

BUYWMonthly · 46 paymentsAll BUYW payments⁠
One bar per payment. 46 payments from 2023 to 2026 YTD. Jan 26, 2023 $0.07; Feb 23, 2023 $0.07; Mar 23, 2023 $0.07; Apr 20, 2023 $0.07; May 25, 2023 $0.07; Jun 22, 2023 $0.07; Jul 20, 2023 $0.07; Aug 24, 2023 $0.07; Sep 21, 2023 $0.07; Oct 19, 2023 $0.07; Nov 21, 2023 $0.07; Dec 21, 2023 $0.07; Jan 25, 2024 $0.07; Feb 22, 2024 $0.07; Mar 21, 2024 $0.07; Apr 24, 2024 $0.07; May 23, 2024 $0.07; Jun 20, 2024 $0.07; Jul 25, 2024 $0.07; Aug 22, 2024 $0.07; Sep 19, 2024 $0.07; Oct 24, 2024 $0.07; Nov 21, 2024 $0.07; Dec 19, 2024 $0.07; Jan 24, 2025 $0.07; Feb 21, 2025 $0.07; Mar 25, 2025 $0.07; Apr 25, 2025 $0.07; May 23, 2025 $0.07; Jun 24, 2025 $0.07; Jul 25, 2025 $0.07; Aug 22, 2025 $0.07; Sep 23, 2025 $0.07; Oct 24, 2025 $0.07; Nov 21, 2025 $0.07; Dec 23, 2025 $0.07; Jan 22, 2026 $0.07; Feb 19, 2026 $0.07; Mar 26, 2026 $0.07; Apr 23, 2026 $0.07; May 21, 2026 $0.07; Jun 25, 2026 $0.07; Jul 24, 2026 $0.07; Aug 26, 2026 $0.07; Sep 24, 2026 $0.07; Oct 22, 2026 $0.07. Use the arrow keys to read each point.$0$0.1020232026YTD
RECIMonthly · 2 paymentsAll RECI payments⁠
One bar per payment. 2 payments from 2023 to 2026 YTD. Sep 1, 2026 $0.14; Oct 1, 2026 $0.03. Use the arrow keys to read each point.$0$0.1020232026YTD

BUYW vs RECI Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BUYW 3.1%RECI No data
Return per unit of riskSharpe ratio, 3 years
BUYW 1.54RECI No data
Worst fallMax drawdown, 5 years
BUYW −9.4%since Sep 2022RECI No data
Market sensitivityBeta, 5 years
BUYW 0.21RECI 0.00

BUYW and RECI in the news

All news⁠

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