FORH vs PWRD

FORH is an alternative ETF, while PWRD is an equity ETF. FORH charges 1.19% a year and PWRD 0.75%.

• FORH is an alternative fund, while PWRD is an equity fund. They carry different risk/return profiles.
• FORH follows a option income strategy; PWRD uses active selection.
• PWRD costs 0.44% less per year.
• PWRD is much larger than FORH. Larger funds are usually more liquid and less likely to close.
• Over the last three years, PWRD has delivered higher annualized returns.