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Horizons S&P 500 Covered Call ETF (HSPX)

- NYSEARCA
  • Jun. 24, 2013, 3:56 PM
    Horizons ETFs launched today the S&P 500 Covered Call ETF (HSPX) designed to generate income by writing call options on stocks it owns. It's the first ETF covered call strategy that sells calls on individual stocks - PowerShares' PBP, for instance, writes calls, but on the S&P 500 index, not particular names.
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HSPX Description
The Horizons S&P 500 Covered Call ETF seeks investment results that, before fees and expenses, generally correspond to the performance of the S&P 500 Stock Covered Call Index.
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Country: United States
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