SPDR S&P 500 ETF Trust

VanEck Vectors Semiconductor ETF

Communication Services Select Sector SPDR Fund

Invesco Nasdaq 100 ETF

Utilities Select Sector SPDR Fund

Consumer Discretionary Select Sector SPDR Fund

Main BuyWrite ETF

BUYW seeks risk-adjusted total returns by actively investing in global equity ETFs combined with an option writing strategy.

BUYW seeks risk-adjusted total returns by actively investing in ETFs globally combined with an option writing strategy.

BUYW is an actively-managed covered call ETF that invests in a portfolio of ETFs and sells covered calls. BUYW has a high expense ratio of 1.31% and has had mixed results since inception. Other covered call ETFs offer stronger performance and lower expenses, making BUYW an unfavorable investment choice.

BUYW: Expensive Covered Call ETF, Better Choices Out There

Main Buywrite ETF opportunistically writes call options on a basket of various ETFs the manager deems to be attractive. BUYW ETF has outperformed in the short term due to a stellar 2022, when the fund avoided losses. However, it is unclear how this performance was achieved. Overall, if we exclude the 2022 performance, the BUYW is a middle-of-the-pack buywrite fund that charges a high expense ratio. I am not confident the 2022 performance is repeatable.

BUYW: Stellar Short-Term Performance May Not Be Repeatable

JPMorgan Equity Premium Income ETF

Protection plays were a prominent strategy last year, but the rally during the first half of 2023 is prompting more ETF investors to rethink the growth trade.

Income, growth or both? Weighing active ETFs in an up market

VettaFi's vice chairman Tom Lydon discussed the Main BuyWrite ETF (BUYW) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” BUYW targets hedged equity strategies, Lydon said.

ETF of the Week: Main BuyWrite ETF (BUYW)

The Main BuyWrite Fund is an exchange traded fund. The vehicle employs both a covered-call strategy and a cash-covered put writing one.

News for Main BuyWrite ETF ETF (BUYW)