Main BuyWrite ETF (BUYW)
Main BuyWrite ETF operates in the Asset Management - Income industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $14.63, up 0.21% on the session, giving a market capitalisation of $1.26B. Its beta of 0.21 implies it has historically moved less than the broad market.
The Main BuyWrite Fund seeks to deliver attractive risk-adjusted total returns relative to its peers in the Morningstar Option Writing Category. It accomplishes this by building a portfolio of Exchange Traded Funds (ETFs) that are selected through a fundamental "reversion to the mean" analysis. Furthermore, the fund implements a covered call writing (selling) strategy to help mitigate overall market volatility.
Main BuyWrite ETF is most often compared with the following Financial Services names: