Similarly, VEGA (STAR Global Buy-Write ETF, Expense Ratio 2.01%) launched in September of 2012, and has raised about $27 million since inception focusing on a “Global” covered call or buy/write strategy as opposed to one targeting the S&P 500.

Finally, a sector approach also exists but this November 2013 launch is small at the moment, HFIN (Horizons S&P Financial Select Sector Covered Call ETF, Expense Ratio 0.70%), with only about $4 million in AUM today.

Powershares S&P 500 BuyWrite Portfolio

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