This ETF Copies Buffett's Portfolio and Pays You Monthly. Why Buffett Would Never.

VistaShares’ Target 15 Berkshire Select Income ETF (OMAH) aims to offer investors a monthly payout built on Berkshire Hathaway’s equity holdings, but it does so using an options-income overlay that Buffett has publicly criticized. The fund shadows Berkshire’s regulatory filings, copying disclosed positions with a lag, then sells options against that portfolio stack to help fund an approximately 15% annual distribution paid monthly. Since it launched on March 5, 2025, OMAH has returned 15% on a total return basis; over the trailing year it’s up 11%. However, its approach can cap upside during strong upswings and has limited track record through major drawdowns. Buffett has no involvement with OMAH and has not endorsed it.