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
For more information on Street One ETF research and ETF trade execution/liquidity services, contact Paul Weisbruch at [email protected].
Street One Financial is an educational/research firm utilizing the Broker Dealer services of Precision Securities, a FINRA registered Broker/Dealer.