State Street Bridgewater All Weather ETF (ALLW) IV/HV History
Comparing implied volatility to historical (realized) volatility reveals whether options are priced rich or cheap relative to actual price movement. Persistent gaps can signal trading opportunities.
State Street Bridgewater All Weather ETF (ALLW) operates in the Financial Services sector, specifically the Asset Management - Global industry, with a market capitalization near $432.6M, listed on NASDAQ, carrying a beta of 0.37 to the broader market. The State Street Bridgewater All Weather ETF (ALLW) is an actively managed fund that employs a diversified, global approach to asset allocation. public since 2025-03-06.
Snapshot as of Jun 30, 2026.
- Spot Price
- $29.27
- ATM IV
- 22.6%
- HV 20-Day
- 13.2%
As of Jun 30, 2026, State Street Bridgewater All Weather ETF (ALLW) ATM implied volatility is 22.6%. 20-day realized volatility is 13.2%, producing an IV-HV spread of +9.4 vol points. Options are pricing in more volatility than the stock has recently delivered, the volatility risk premium.
How ALLW iv/hv history Data Feeds Strategy Selection
Strategy selection on State Street Bridgewater All Weather ETF options does not derive from any single metric in isolation. The iv/hv history view above sits inside a broader read: ATM IV currently sits at 22.6% and dealer gamma exposure is negative, so dealer hedging amplifies directional moves. Combine the iv/hv history data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.
How to read the ALLW IV vs HV chart
The dual-line chart above tracks ATM implied volatility (forward-looking, what the chain is pricing) against 20-day realized historical volatility (backward-looking, what actually happened). ATM IV currently prints at 22.6%, against 13.2% realized over the trailing 20 trading days. Implied is pricing above realized by 9.4 vol points, the typical variance-risk-premium positive state in which premium sellers earn the gap. Persistent IV-above-HV is the variance-risk-premium-positive state typical of equity markets; persistent IV-below-HV is rare and usually marks underpriced vol that often expands.
ALLW IV/HV regimes and trade selection
Using ALLW vol history alongside the term structure
The IV/HV gap on this page captures the level of premium; the term-structure slope on the volatility page captures its shape across expirations. Backwardation (negative slope -0.144) indicates acute near-term event risk - near-dated tenors price disproportionate vol. Pair the rank read with the slope read with the event calendar to choose the right tenor for the structure.
ALLW IV/HV signal in volatility-cycle context
Equity-vol cycles tend to compress and expand on multi-month timeframes: a typical sequence runs low-IV-rank consolidation (months of flat tape, decaying premium) into a vol-expansion catalyst (earnings miss, macro shock, regime change) into elevated-IV-rank stress (premiums fat, dispersion high) back to mean-reverting compression. Use the time series above to spot inflection points: meaningful IV/HV gap closures and openings tend to precede regime shifts by a few sessions.
Learn how implied vs realized volatility is reported and how to read the data →
Daily ATM implied volatility and 20-day realized (historical) volatility for ALLW over the last ~38 trading days. The IV-HV gap measures the variance risk premium - when IV trades persistently above realized HV, premium-sellers earn the spread; when IV dips below HV, vol is structurally underpriced.
Most recent 15 trading days (descending). Older history appears in the chart above.
| Date | ATM IV | HV 20d | HV 60d | IV Rank |
|---|---|---|---|---|
| Jun 30, 2026 | 22.6% | 13.2% | - | - |
| Jun 29, 2026 | 38.1% | 13.2% | - | - |
| Jun 26, 2026 | 39.0% | 13.2% | - | - |
| Jun 25, 2026 | 1.0% | 13.4% | - | - |
| Jun 24, 2026 | 44.1% | 13.2% | - | - |
| Jun 23, 2026 | 1.0% | 13.6% | - | - |
| Jun 22, 2026 | 17.7% | 13.2% | - | - |
| Jun 18, 2026 | 33.4% | 13.1% | - | - |
| Jun 17, 2026 | 29.7% | 13.5% | - | - |
| Jun 16, 2026 | 32.2% | 13.3% | - | - |
| Jun 15, 2026 | 29.9% | 13.4% | - | - |
| Jun 12, 2026 | 28.9% | 15.1% | - | - |
| Jun 11, 2026 | 28.1% | 15.1% | - | - |
| Jun 10, 2026 | 25.2% | 13.7% | - | - |
| Jun 9, 2026 | 14.2% | 13.4% | - | - |
Frequently asked ALLW iv/hv history questions
- Is ALLW options pricing rich or cheap right now?
- As of Jun 30, 2026, State Street Bridgewater All Weather ETF (ALLW) ATM IV is 22.6% against 20-day realized volatility of 13.2%. ALLW options are pricing in more volatility than the stock has recently realized: a positive variance risk premium worth 9.4 vol points.
- What is the ALLW variance risk premium?
- The variance risk premium is the persistent gap between implied and subsequently realized volatility. In equity markets it averages positive because option sellers demand compensation for bearing variance shocks. ALLW is currently priced consistently with this premium, which is one input to whether short-vol or long-vol structures carry their typical edge.
- What does ALLW IV rank mean for strategy selection?
- IV rank normalizes the current ATM IV to its 1-year range: 0% is the low, 100% is the high. ALLW's current rank signals where current pricing sits in its own 1-year history. High-rank regimes typically favor premium-selling structures (credit spreads, condors, covered calls); low-rank regimes typically favor premium-buying or long-volatility structures.