Data as of .
HEMI vs PBP: which paid, and which earned it?
HEMI and PBP both write options for income.
What they hold in common
By the books each fund has filed, HEMI and PBP hold 49% of their money in the same securities at the same weight.
| Holding | HEMI | PBP |
|---|---|---|
| NVIDIA Corp | 9.11% | 8.18% |
| Apple Inc | 5.86% | 7.50% |
| Microsoft Corp | 5.72% | 5.57% |
| Amazon.com Inc | 5.73% | 3.77% |
| Alphabet Inc | 7.69% | 3.11% |
| Broadcom Inc | 4.02% | 2.57% |
| Meta Platforms Inc | 2.66% | 2.22% |
| JPMorgan Chase & Co | 2.42% | 1.42% |
| Advanced Micro Devices Inc | 1.89% | 1.39% |
| Eli Lilly & Co | 2.13% | 1.38% |
| Micron Technology Inc | 1.15% | 1.74% |
| Walmart Inc | 1.70% | 0.71% |
| Only in HEMI | Only in PBP |
|---|---|
| ITT Inc 1.12% | Alphabet Inc 2.47% |
| Exxon Mobil Corp 0.87% | Berkshire Hathaway Inc 1.42% |
| BJ's Wholesale Club Holdings Inc 0.82% | ExxonMobil Holdings Corp 1.03% |
| Liberty Media Corp-Liberty Formula One 0.63% | Johnson & Johnson 0.99% |
| United Therapeutics Corp 0.63% | Visa Inc 0.93% |
| Dick's Sporting Goods Inc 0.59% | Intel Corp 0.81% |
| Wayfair Inc 0.42% | AbbVie Inc 0.71% |
| FTAI Aviation Ltd 0.27% | Costco Wholesale Corp 0.60% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Sep 19, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| HEMI | PBP | HEMI | PBP | HEMI | PBP | |
| 3 months | +0.8% | +5.0% | 2.2% | 2.8% | −1.5 pts | +2.7 pts |
| 6 months | +13.6% | +13.0% | 4.9% | 5.7% | −4.5 pts | −5.0 pts |
| 1 year | not published | +18.5% | not published | 11.8% | not published | +1.9 pts |
| 3 years | not published | +46.1% | not published | 31.8% | not published | −32.3 pts |
| Since launch | +11.2% | +199.0% | 6.0% | 101.2% | −3.4 pts | −604.5 pts |
| HEMI Hartford Equity Premium Income ETF Covered call on SPY, paying monthly | PBP Invesco S&P 500 BuyWrite ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | Hartford | Invesco |
| Strategy | covered call | covered call |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 9.1% | 11.3% |
| Expense ratio | 0.49% | 0.29% |
| Cash paid, 1 year | 6.0% (since launch on Dec 17, 2025) | 11.8% |
| Price change, 1 year | +4.9% | +5.5% |
| Total return, 1 year | +11.2% (since launch on Dec 17, 2025) | +18.5% |
| Benchmark return, 1 year | +14.7% | +16.6% |
| Ahead or behind | −3.4 pts | +1.9 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 275 days | 6101 days |
| Net assets | $33m | $386m |
HEMI in plain words
Over the period since launch on Dec 17, 2025 to Sep 18, 2026, HEMI paid 6.0% of its starting value in cash distributions while its price rose 4.9%. With every distribution reinvested, the fund returned +11.2%. S&P 500 (SPY) returned +14.7% over the same days, so a holder was behind by 3.4 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.1%, paid monthly.
PBP in plain words
Over the year to Sep 18, 2026, PBP paid 11.8% of its starting value in cash distributions while its price rose 5.5%. With every distribution reinvested, the fund returned +18.5%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was ahead by 1.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 11.3%, paid monthly.
Questions people ask
- Which is cheaper, HEMI or PBP?
- HEMI charges 0.49% a year and PBP charges 0.29%, so PBP is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, HEMI against PBP, data as of Sep 18, 2026. https://etfiq.com/compare/income/hemi-vs-pbp Free to use with attribution; the underlying files are at Open data.