PBP and FTHI are both covered call ETFs tracking the same benchmark, but with different approaches. PBP offers ~7% yield with a focus on conservative investor valuing historical track record above all, while FTHI provides ~8% yield targeting investor seeking actively managed covered call strategy. Compare their scores, yields, and performance metrics to find the best fit for your portfolio.
Compare covered call ETFs with the same benchmark side by side
Invesco S&P 500 BuyWrite ETF
5.3
Overall Score
First Trust BuyWrite Income ETF
5.1
Overall Score
| Criteria | PBP | FTHI |
|---|---|---|
| Overall Score | 5.3 5.1 | |
| Total Return (25%) | 2.5 3.9 | |
| Downside Protection (25%) | 8.1 5.9 | |
| Upside Participation (25%) | 5.5 6.4 | |
| Consistency (15%) | 5.0 4.8 | |
| Expense Ratio (5%) | 6.4 1.9 | |
| Liquidity (5%) | 5.4 5.3 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | PBP | FTHI |
|---|---|---|
| Expense Ratio | 0.490% | 0.850% |
| Inception Date | Dec 20, 2007 | Jan 6, 2014 |
| Issuer | Invesco | First Trust |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 5/5 stars | 5/5 stars |
The grandfather of covered call ETFs — its 2008 data is invaluable for stress testing
Investor Profile:
Conservative investor valuing historical track record above all
Underrated fund with solid track record — the high expense ratio is the main drag
Investor Profile:
Investor seeking actively managed covered call strategy