John Hood Horizons Enhanced U.S. Equity HES-T COMMENT Dec 13, 2013

BMO Dow Jones Industry (ZWA-T) or Horizons Enhanced US Equity (HES-T)? These writes Calls on Dow Jones Industrials and on the individual stocks, rather than on the index. Likes both and that he can use these to basically draw income from the US market and will be taxed as capital gains. However, there is a big difference between the 2. This one writes options on all the stocks all the time, whereas ZWA is on 50%-60%. ZWA has outperformed this one. If you are looking for income and expecting the market to be relatively flat, then you look at this one.