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DRMY vs LQDW

XFUNDS MEMORY INCOME ETF

DRMYFNYSE Arca

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF

LQDWACboe

Overlap

Expense ratio

LQDW −0.67pt a year

DRMY1.01%LQDW0.34%

Avg volume · 30D

LQDW 10.8×the volume

DRMY9.89KLQDW107K

DRMY vs LQDW Performance

Jul 31, 2026 – Oct 30, 2026

−4.1%DRMY+0.8%LQDW

Jul 31, 2026 to Oct 30, 2026. DRMY −4.1%. LQDW +0.8%. Use the arrow keys to read each point.−10%10%20%30%Jul 2026Sep 2026Oct 2026
Expense ratio
DRMY 1.01%
LQDW 0.34%, better
Fund size
DRMY $8M
LQDW $353M
1Y total return
DRMY No data
LQDW +2.0%
Yield (12M)
DRMY No data
LQDW 12.38%
Holdings
DRMY 21
LQDW 3192
Avg volume (30D)
DRMY 9.89K sh
LQDW 107K sh, better
NAV per share
DRMY $40.98
LQDW $22.87
52W range

ETF.net Grade

DRMY: Cost 25, Risk 11, Mission not scored, Tradability 6, Holdings not scored, Durability 23. LQDW: Cost 100, Risk 66, Mission 94, Tradability 78, Holdings 100, Durability 82.
Pillar letters and Scores for DRMY, LQDW, with each pillar’s weight
PillarDRMYLQDW
Cost30% weightD25A100Higher
Mission25% weightNot scoredA94
Risk15% weightF11B66Higher
Tradability15% weightF6A78Higher
Holdings10% weightNot scoredA100
Durability5% weightF23A82Higher

Rank among Index 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. DRMY and LQDW are both graded against the same 25 Index Option Income funds, so their Grades compare head to head.

Index Option Income⁠

Category · 25 funds
See all 25 ›

LQDW ranks 1st and DRMY 24th of 25 funds in the Index Option Income Category.

  1. Rank 1ALQDWiShares Investment Grade Corporate Bond BuyWrite Strategy ETFScore 87
  2. Rank 2AEFAAInvesco MSCI EAFE Income Advantage ETFScore 78
  3. Rank 23DSEMYGraniteShares YieldBOOST Semiconductor ETFScore 28
  4. Rank 24FDRMYXFUNDS MEMORY INCOME ETFScore 17
  5. Rank 25FISSBIncomeSTKd 1x US Stocks & 1x Bitcoin Premium ETFScore 8

Our read on each fund

ETF.net Research

DRMYFXFUNDS MEMORY INCOME ETF

LQDWAiShares Investment Grade Corporate Bond BuyWrite Strategy ETF

In short

DRMY No data

LQDW Covered calls, but on bonds. LQDW owns iShares' flagship investment-grade corporate bond fund and writes monthly calls against it, paying distributions monthly, at less than half the option-income cohort's median fee.

Stated mandate

DRMY No data

LQDW The fund seeks to track a strategy holding LQD while writing monthly covered calls to generate income.

Why people hold it

DRMY No data

  • LQDW At 0.34%, it undercuts the typical option-income fund by well over half (cohort median 0.75%), so less of the premium collected leaks out as fees.
  • One ticker buys the whole trade: shares of LQD plus a rules-based monthly call overlay. No options approval, no roll dates to babysit.ishares.com
  • A thin niche. Most option-income funds write calls on stock baskets; this one sits on investment-grade corporate credit instead.
  • Distributions land monthly, and since its 2022 launch the fund has stuck closely to its stated strategy, among the tighter implementations in its peer group.

Worth knowing

DRMY No data

  • LQDW Written calls cap the upside. If corporate bonds rally hard, the premium collected is the consolation for price gains handed to the call buyer.
  • Premium cushions, it does not shield. Widening credit spreads or rising rates still hit the underlying bond portfolio.
  • Mid-sized and moderately traded rather than a giant, so spreads can run wider than in the biggest option-income names, especially in fast markets.

Full DRMY profile⁠

Full LQDW profile⁠

DRMY vs LQDW 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.

DRMY vs LQDW Cost

Overpaying DRMY vs LQDW

$11,918

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

  • DRMY 1.01%

    $18,850

  • LQDW 0.34%

    $6,932

$10,000
30 years

Cost over time

  • DRMY 1.01%
  • LQDW 0.34%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530DRMY $18,850LQDW $6,932

Year by year

YearDRMYLQDWOverpaying
10$1,780$616$1,164
20$6,686$2,386$4,300
30$18,850$6,932$11,918

Expense ratio

  • 1.01%DRMY
  • 0.34%LQDW, cheaper
  • Middle half of Index Option Income funds
  • Median 0.81%

LQDW cheapest of 25 funds

DRMY 19th cheapest of 25 funds

DRMY vs LQDW Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
DRMY No data
LQDW 12.38%
Payout (12M)
DRMY No data
LQDW $2.83
Last payment
DRMY $0.25
LQDW $0.38
Ex-dividend
DRMY Oct 28, 2026
LQDW Oct 2, 2026
Paid on
DRMY Oct 29, 2026
LQDW Oct 7, 2026
Frequency
DRMY Weekly
LQDW Monthly

Distribution history

Per share, 2026, same scale for both

DRMYWeekly · 11 paymentsAll DRMY payments⁠
One bar per payment. 11 payments in 2026 YTD. Aug 19, 2026 $0.33; Aug 26, 2026 $0.33; Sep 2, 2026 $0.32; Sep 9, 2026 $0.31; Sep 16, 2026 $0.33; Sep 23, 2026 $0.33; Sep 30, 2026 $0.34; Oct 7, 2026 $0.34; Oct 14, 2026 $0.32; Oct 21, 2026 $0.25; Oct 28, 2026 $0.25. Use the arrow keys to read each point.$0$0.252026YTD
LQDWMonthly · 9 paymentsAll LQDW payments⁠
One bar per payment. 9 payments in 2026 YTD. Feb 3, 2026 $0.22; Mar 3, 2026 $0.16; Apr 2, 2026 $0.30; May 4, 2026 $0.17; Jun 2, 2026 $0.18; Jul 2, 2026 $0.19; Aug 4, 2026 $0.20; Sep 2, 2026 $0.15; Oct 2, 2026 $0.38. Use the arrow keys to read each point.$0$0.252026YTD

DRMY vs LQDW Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
DRMY No dataLQDW 4.2%
Return per unit of riskSharpe ratio, 3 years
DRMY No dataLQDW 0.16
Worst fallMax drawdown, 5 years
DRMY No dataLQDW −9.2%since Aug 2022
Market sensitivityBeta, 5 years
DRMY 0.00LQDW 0.59

DRMY and LQDW in the news

All news⁠

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