Q: hello 5i:
I'm looking for ideas for a covered call health care etf in US dollars. LIFE.B seems to be a little to thinly traded, so something other than this? If choices are very limited, would a general etf like SCHD or DIVO be the next best option?
thanks
Paul L
I'm looking for ideas for a covered call health care etf in US dollars. LIFE.B seems to be a little to thinly traded, so something other than this? If choices are very limited, would a general etf like SCHD or DIVO be the next best option?
thanks
Paul L
5i Research Answer:
In health care specifically, there are very limited options. There is HYLG, but it is very tiny and not suggested. For income and growth purposes, we think a diversified option such as SCHD would work well. Assets are $48B; fees are onlu 0.06%. Some income will be given up in exchange for more growth. Indicated yield is 3.65%.