Even with a recent pullback, equity markets have delivered strong gains—and that strength has exposed a longstanding flaw in many covered call ETFs. Built primarily for income, these strategies often under-participate when markets move higher and typically do so without true downside protection. The result: appealing yields, but a persistent performance gap relative to benchmarks.

Join ProShares Global Investment Strategist Simeon Hyman and his team for a look at why so many covered call ETFs fall behind when stocks rise, and how newer approaches aim to strike a better balance between income and long-term equity potential.

SUMMARY
Topics covered will include:

Why traditional covered call designs cap upside—and what investors may be giving up in strong or rebounding markets
How innovative structures seek high income while better aligning with the drivers of rising-market returns
Strategies that aim to deliver total returns traditional covered call and other high-yield approaches may sacrifice
This program is accepted for one hour of continuing education (CE) credit by the Certified Financial Planner Board of Standards for the CFP® designation, The Investment and Wealth Institute for CIMA®, CPWA®, RMA®, and CIMC designations, The ETF Institute for the CETF® designation and The American College of Financial Services.

CFA Institute members are encouraged to self-document their continuing professional development activities in their online CE tracker.

SPEAKERS

Simeon Hyman, CFA
Global Investment Strategist, Head of Investment Strategy
ProShares

Kieran Kirwan, CAIA
Senior Investment Strategist
ProShares

Cinthia Murphy
Investment Strategist
VettaFi