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ROWSX Russell Strategic Call Overwriting S

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Fund ROWSX Russell Strategic Call Overwriting S HSPX Horizons S&P 500® Covered Call ETF GTSOX Glenmede Secured Options  
100% 97% 94%
Annual Fees
(0.98% Exp. Ratio)
(0.65% Exp. Ratio)
(0.84% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.22% annual return
$34,261.78 $37,858.07 $35,745.21
Est. savings over 30 yrs +$3,596.28 +$1,483.43
As of 9/30/16
1 YR RETURN 8.42%
3 YR 4.80%
5 YR --
10 YR --
1 YR RETURN 11.26%
3 YR 7.19%
5 YR --
10 YR --
1 YR RETURN 11.97%
3 YR 6.88%
5 YR 10.43%
10 YR --
The investment seeks to provide total return with lower volatility than U.S. equity markets. The fund invests principally in equity securities economically tied to the U.S., which primarily include common stocks of large and medium capitalization companies. The managers define large and medium capitalization stocks as stocks of those companies represented by the Russell 1000® Index and S&P 500® Index or within the capitalization range of the Russell 1000® Index and S&P 500® Index as measured at their most recent reconstitutions. The fund also writes (sells) index call options, typically on broad-based securities market indexes (e.g., the S&P 500® Index).
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 long-term capital appreciation and option premiums consistent with reasonable risk to principal. Under normal market circumstances, at least 80% of the value of the Portfolio's total assets (including borrowings for investment purposes) will be subject to secured option strategies, which are written covered call and/or secured put options on stock index ETFs, stock indices and/or individual stocks held by the Portfolio. The advisor intends to invest in a diversified portfolio of equity securities with generally similar risk and return characteristics as the Standard & Poor's 500® Index.

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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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