PBP vs IVVW: Income Fund Comparison
Invesco S&P 500 BuyWrite ETF - US (PBP) and iShares S&P 500 BuyWrite ETF - US (IVVW) are both income-focused funds. Below is our independent side-by-side review using the Dependable Income Investing 13-factor scoring system — designed specifically for income investors seeking reliable, sustainable distributions.
Also see: PBP individual review · IVVW individual review
PBP: Expense ratio is 0.29% which is low. IVVW: Expense ratio is 0.25%. This is very low for a covered call fund. PBP fund was established Dec 20th 2007. IVVW fund inception date was March 14 2024 - about 2.2 years which rounds up to 3 years. Full Dependability and Return scores for both funds are available in the app.
| PBP | IVVW | |
|---|---|---|
| Fund Name | Invesco S&P 500 BuyWrite ETF - US | iShares S&P 500 BuyWrite ETF - US |
| Fund Type | Index Based Fund | Index Based Fund |
| Exchange | NYSE/NASDAQ | NYSE/NASDAQ |
| Last Reviewed | Nov 13, 2025 | Jun 24, 2026 |
| Author | Adam Hyde, Income Investing Analyst | |
🔒 Full scores available — with Premium subscription
Compare Performance — Free →Fund Attributes: PBP vs IVVW 20% of overall score
Fund Attributes cover the foundational characteristics of each fund: cost, company backing, track record, and size. These factors reflect stability and cost-efficiency for long-term income investors.
Expense ratio is 0.29% which is low.
Expense ratio is 0.25%. This is very low for a covered call fund.
USD $1.84 trillion in assets
iShares (BlackRock) manages well over 3 trillion in assets.
fund was established Dec 20th 2007.
Fund inception date was March 14 2024 - about 2.2 years which rounds up to 3 years.
Over 300 Million in this fund.
Net assets are about 286.86 million.
Risk: PBP vs IVVW 35% of overall score
Risk factors evaluate how each fund manages volatility, diversification, and the nature of its underlying assets — critical considerations for income investors who prioritise capital preservation.
Volatility of this fund is low at 0.59 according to portfolio visualizer.
Beta is 0.67 vs SPY over the price series since March 2024 - below market sensitivity. Standalone volatility is about 10.60% annualized (weekly returns) which is low-to-moderate and confirms the low beta reading.
See the full Risk analysis for both PBP and IVVW — volatility ratings, diversification scores, and analyst notes.
View Plans →Return: PBP vs IVVW 45% of overall score
Return factors assess income generation quality: current yield, distribution consistency, price history, and payment frequency. This is the most heavily weighted category for income investors.
Pays monthly distributions.
Pays monthly - confirmed from distribution history.
See the full Return analysis for both PBP and IVVW — yield ratings, distribution consistency scores, and capital history.
View Plans →Our Review Methodology
Every fund reviewed on Dependable Income Investing is scored using our 13-factor Fund Report Card, organised into three weighted categories: Fund Attributes (20%), Risk (35%), and Return (45%). Each criterion is rated 1–5 by our analysts based on publicly available fund data.
We also calculate a Dependability Score — a weighted composite of six income-specific factors ranked by importance for retirement income investors: Yield Stability, Yield, Volatility, Capital History, Fund Risk, and Underlying Assets. This score answers the question income investors care about most: can I depend on this fund to pay me reliably?
Full scores, ratings, and analyst notes for both PBP and IVVW are available in the Dependable Income Investing app.
See our full scoring methodology →
Frequently Asked Questions: PBP vs IVVW
Which has a lower expense ratio, PBP or IVVW?
PBP: Expense ratio is 0.29% which is low.
IVVW: Expense ratio is 0.25%. This is very low for a covered call fund.
Which fund has more assets under management, PBP or IVVW?
PBP: Over 300 Million in this fund.
IVVW: Net assets are about 286.86 million.
Which fund has been trading longer, PBP or IVVW?
PBP: fund was established Dec 20th 2007.
IVVW: Fund inception date was March 14 2024 - about 2.2 years which rounds up to 3 years.
Who manages PBP vs IVVW?
PBP: USD $1.84 trillion in assets
IVVW: iShares (BlackRock) manages well over 3 trillion in assets.
Where can I see the full PBP vs IVVW comparison with scores?
The complete side-by-side comparison — including all Risk and Return scores, analyst notes, Overall Score, and Dependability Score for both funds — is available in the Dependable Income Investing app.
What is the difference between PBP and IVVW?
Invesco S&P 500 BuyWrite ETF - US is a Index Based Fund. Expense ratio is 0.29% which is low. iShares S&P 500 BuyWrite ETF - US is a Index Based Fund. Expense ratio is 0.25%. This is very low for a covered call fund. Full comparison including Dependability Score is available in the Dependable Income Investing app.
Which is better for income investors, PBP or IVVW?
PBP: Expense ratio is 0.29% which is low. fund was established Dec 20th 2007. IVVW: Expense ratio is 0.25%. This is very low for a covered call fund. Fund inception date was March 14 2024 - about 2.2 years which rounds up to 3 years. Which scores higher on Dependability and Return is available in the Dependable Income Investing app.
Do PBP and IVVW pay monthly distributions?
PBP: Pays monthly distributions. IVVW: Pays monthly - confirmed from distribution history. Full yield and distribution stability scores for both funds are available in the Dependable Income Investing app.
See the Full PBP vs IVVW Comparison
The Dependable Income Investing app gives you the complete picture: all 13 scoring factors for both funds, Risk and Return analyst notes, Dependability Scores, and tools to compare any income fund side by side.
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