Buy Write Index Returns -

The "buy-write" strategy's success is highly dependent on the market's trajectory:

: This is the "sweet spot." It outperformed the S&P 500 in 5 out of 7 periods where the index posted annual returns of 10% or less.

: Historically, buy-write indices have exhibited about 30% lower volatility than the S&P 500. Performance in Different Market Conditions buy write index returns

: As of late 2025/early 2026, the BXM's 10-year annualized return was approximately 6.2% to 7.2% .

The strategy typically offers lower volatility and higher income than owning the index outright, but it tends to underperform in strong bull markets due to the "cap" on upside gains. The "buy-write" strategy's success is highly dependent on

: For the 12 months ending in April 2026, the index gained approximately 17.84% .

The is a benchmark designed to track a "buy-write" or covered call strategy, where you hold the S&P 500 index and sell monthly at-the-money (ATM) call options against it. Historical Performance Summary The strategy typically offers lower volatility and higher

: Provides a "buffer" because the premium received from selling the call option offsets some of the losses. For example, it significantly outperformed in 2000.