Buffett-Style OMAH ETF Takes Aim at SCHD With Advertised 15% Yield
OMAH targets income via covered calls, a trade-off that raises fees and can cap gains compared with low-cost dividend indexing.
Overview
- VistaShares’ OMAH mirrors Berkshire Hathaway’s top holdings and promotes roughly a 15% distribution yield generated by covered-call overlays.
- OMAH pays monthly and charges a 0.95% expense ratio, contrasting with SCHD’s quarterly payouts and 0.06% fee.
- SCHD holds 103 blue-chip dividend payers and offers about a 3.8% yield through an index-based, low-cost approach.
- Berkshire Hathaway stock pays no dividend, positioning OMAH as an income-oriented option for investors seeking Buffett-style exposure.
- The coverage highlights yield-versus-trade-off dynamics, noting higher costs and potential upside limits for OMAH, with no long-term performance track record presented.