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CALIX Iron Equity Premium Income Investor

2 lower fee alternatives found

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Fund CALIX Iron Equity Premium Income Investor HSPX Horizons S&P 500® Covered Call ETF TFDNX TCW | Gargoyle Dynamic 500 N  
100% 95% 99%
Annual Fees
(1.45% Exp. Ratio)
(0.65% Exp. Ratio)
(1.25% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.25% annual return
$29,963.82 $38,188.66 $31,842.82
Est. savings over 30 yrs +$8,224.84 +$1,878.99
As of 12/31/16
1 YR RETURN 6.58%
3 YR --
5 YR --
10 YR --
1 YR RETURN 8.00%
3 YR 5.12%
5 YR --
10 YR --
1 YR RETURN 7.49%
3 YR --
5 YR --
10 YR --
The investment seeks to provide superior risk-adjusted total returns relative to the CBOE S&P 500 BuyWrite Index (BXMSM) (net of Fund expenses). The fund invests primarily in one or more exchange-traded funds that track the performance of the S&P 500® Index while employing an actively managed strategy of writing (selling) call options on all or a portion of the underlying ETFs. Writing call options is intended to generate income in the form of option writing premiums while reducing volatility associated with the fund's exposure to U.S. equities.
The investment seeks investment results that, before fees and expenses, generally correspond to the performance of the S&P 500 Stock Covered Call Index. The fund invests at least 80% of its total assets in securities that comprise its underlying index. The underlying index is comprised of all the equity securities in the S&P 500 Index (the "reference index") in substantially similar weight as the reference index and short (written) call options on up to 100% of each of the option eligible securities in the reference index that meet, among others, the stock and option price criteria of the underlying index methodology.
The investment seeks greater long-term capital appreciation with reduced risk and lower volatility than the S&P 500 Index. Under normal market conditions, the fund seeks to achieve its investment objective by buying the S&P 500 Index ("SPX") (the "Stock Portfolio") (or gaining exposure thereto through the purchase of ETFs) and selling short-term out-of-the-money SPX call options (the "Options Portfolio") on a monthly basis.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.


FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.


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