ETFdb Realtime Rating & Analyst Report for PBP
PBP is a passive ETF that seeks to replicate the CBOE S&P 500 BuyWrite Index. The index is designed to measure the total rate of return of a hypothetical "buy-write", or "covered call", strategy on the S&P 500 Index. This strategy consists of a hypothetical portfolio consisting of a "long" position indexed to the S&P 500 Index (i.e. purchasing the common stocks included in the S&P 500 Index) and the sale of a succession of one-month, at- or slightly out-of-the-money S&P 500 Index call options that are listed on the Chicago Board Options Exchange.
| ETFdb Category | Expense Ratio | Inception Date | Issuer | Structure | YTD Return * |
|---|---|---|---|---|---|
| Long-Short | 0.75% | 2007-12-20 | Invesco PowerShares | ETF | +1.39% |
* As of 05-24-2012
PBP Realtime Rating: By Metric
| Metric | Metric Realtime Rating | A+ Metric Rated ETF |
|---|---|---|
| Liquidity | A+ | PBP |
| Expenses | A- | RINF |
| Performance |  |
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| Volatility | |
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| Dividend | |
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| Concentration | |
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The first adjacent table gives investors an individual Realtime Rating for PBP on several different metrics, including liquidity, expenses, performance, volatility, dividend, and concentration of holdings. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Long-Short ETFdb Category with the highest Metric Realtime Rating for each individual field.
PBP Realtime Rating: Overall
| ETFdb Rating Type | Overall Rating | A+ Overall Rated ETF |
|---|---|---|
| Realtime Rating (Overall) | |
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The second table shows the overall Realtime Rating for PBP, as well as the A+ Overall Rated ETF in PBP's Category. To view information on how the ETFdb Realtime Ratings work, click here.
ETFdb Analyst Report for PBP
This ETF offers investors exposure to the total rate of return from a 'covered call' strategy on the S&P 500. In this method, a long position is taken in the S&P 500 while a call is sold one month out on S&P 500 index options. PBP could be appropriate for investors seeking exposure to the S&P 500...
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