RE: another options writing etf My portfolio holds shares in each of the Horizon Alpha Proenhanced income actively managed covered calls ETF’s and none of the advisor classA. I was hoping that the diversificationwould offset the volatility of this market but I was wrong. My findings arewhen the market moves in one direction, all sectors move together in that samedirection.
I have pasted below the funds and their monthlyreturns. Just remember that the payoutis not fixed, but varies with the fund’s performance for the last 30 days afterthe last payout. ETF’s using a coveredcall strategy like this one works best in a range bound, flat or a slightlybearish market. Goodluck to you
| Horizons Enhanced Income Equity ETF | HEX |
.11233
| 17.27% | Monthly |
| Horizons Enhanced Income Energy ETF | HEE |
.13011
| 21.09% | Monthly |
| Horizons Enhanced Income Gold Producers ETF | HEP |
.11810
| 17.18% | Monthly |
| Horizons Enhanced Income Financials ETF | HEF |
.06293
| 9.35% | Monthly |
| Horizons Enhanced Income International Equity ETF | HEJ |
.29135
| 35.55% | Monthly |
| Horizons Enhanced Income US Equity (USD) ETF (1) | HEA.U |
.19748
| 23.61% | Monthly |