Invesco S&P 500 BuyWrite ETF (PBP) is a options-income ETF. As of October 9, 2026, ETF Copilot scores PBP 6.3 out of 10 — highest on Risk (9.6), lowest on Value (3.1). Its ten largest holdings are 39% of the fund.
What stands out in PBP's data
S&P 500 with covered calls — income from the options market.
Trades at a richer price than its own history — the premium you pay for the options income.
Its 19.4x EBITDA multiple sits above the 15.7x historical median and the 18.4x peer median, among the most expensive in the group. Return on invested capital of 26.6% and EBITDA margin of 37.0% both run above average.
Generates income from option premiums while keeping equity exposure.
How is PBP rated? ETF Copilot scores Invesco S&P 500 BuyWrite ETF (PBP) 6.3 out of 10
As of October 9, 2026, ETF Copilot scores Invesco S&P 500 BuyWrite ETF (PBP) 6.3 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 6.3 / 10
- Growth: 7.6 / 10
- Value: 3.1 / 10
- Risk: 9.6 / 10
- Quality: 8.7 / 10
- Return: 3.2 / 10
What's inside PBP? 45% Tech
What's inside PBP: Size (Large 95%, Mid 5%, Small 0%); Geography (International 3%, US 98%); Tech 45.4%; Magnificent 7 34.8%; AI 24.5%; Semiconductors 18.3%; Memory 15.3%.
What are PBP's top holdings? The ten largest are 39% of the fund
Nvidia, Apple, Microsoft, Amazon.com, Alphabet, Broadcom, Facebook, Micron Technology and Tesla are PBP's largest holdings, in that order.
Less concentrated than 58% of Options Income ETFs.
Half of PBP's weight sits in its 21 largest positions, and once those weights are taken into account it behaves like 43 equally weighted holdings.
What is PBP's expense ratio? 0.29% a year
As of October 9, 2026, PBP charges 0.29% a year, yields 11.34% and holds $392M in assets across 503 positions.
| Measure | PBP |
|---|---|
| Expense ratio | 0.29% |
| Dividend yield | 11.34% |
| Assets under management | $392M |
| Holdings | 503 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Invesco S&P 500 BuyWrite ETF (PBP) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/pbp
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