Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
Upturn AI SWOT - About
VictoryShares Hedged Equity Income ETF (HEJD)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
04/01/2025: HEJD (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type ETF | Historic Profit 0.95% | Avg. Invested days 56 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 1550 | Beta - | 52 Weeks Range 24.39 - 27.35 | Updated Date 04/1/2025 |
52 Weeks Range 24.39 - 27.35 | Updated Date 04/1/2025 |
Upturn AI SWOT
VictoryShares Hedged Equity Income ETF
ETF Overview
Overview
The VictoryShares Hedged Equity Income ETF (HDIV) seeks to provide current income while hedging against market downturns. It invests in dividend-paying equities and uses a covered call strategy to generate additional income.
Reputation and Reliability
Victory Capital is a well-established asset management firm with a strong track record in providing investment solutions.
Management Expertise
Victory Capital has a team of experienced investment professionals with expertise in equity income and options strategies.
Investment Objective
Goal
To provide current income and downside protection.
Investment Approach and Strategy
Strategy: The ETF employs a covered call strategy, selling call options on a portion of its equity holdings to generate income.
Composition Primarily invests in dividend-paying U.S. equities with a portion covered by call options.
Market Position
Market Share: HDIV's market share is relatively small compared to larger income-focused ETFs.
Total Net Assets (AUM): 155478636
Competitors
Key Competitors
- XYLD
- JEPI
- QYLD
- DIVO
- SPYI
Competitive Landscape
The covered call ETF market is competitive, with several large players offering similar income-generating strategies. HDIV differentiates itself through its specific stock selection process and covered call implementation, but it faces significant competition from ETFs with larger AUM and greater liquidity. HDIV's advantage lies in the hedging strategy employed, although it does lag behind some other ETFs in total market share.
Financial Performance
Historical Performance: Historical performance data should be reviewed to assess returns over different market cycles.
Benchmark Comparison: The ETF's performance should be compared to benchmarks like the S&P 500 and covered call strategy indices.
Expense Ratio: 0.35
Liquidity
Average Trading Volume
The average trading volume indicates reasonable liquidity for most investors.
Bid-Ask Spread
The bid-ask spread should be monitored to assess trading costs, and generally represents low-cost trading.
Market Dynamics
Market Environment Factors
Market volatility, interest rates, and dividend yields can affect the ETF's performance.
Growth Trajectory
Growth is tied to income-seeking investors and the market's perception of the ETF's hedging effectiveness; holdings are adjusted as needed.
Moat and Competitive Advantages
Competitive Edge
HDIV combines dividend-paying equities with a covered call strategy, aiming to provide both income and downside protection. The combination provides protection when the market goes down but can limit gains in bull markets. VictoryShares' expertise in options strategies and equity income investing contributes to its competitive edge. The ETF's specific covered call approach and sector allocation may also differentiate it from peers.
Risk Analysis
Volatility
HDIV's volatility should be analyzed to understand its price fluctuations.
Market Risk
Market risk is present due to the ETF's equity holdings, which are subject to market fluctuations and economic conditions.
Investor Profile
Ideal Investor Profile
Income-seeking investors who are comfortable with options strategies and want some downside protection.
Market Risk
Suitable for long-term investors seeking income and potentially some downside protection rather than pure capital appreciation.
Summary
The VictoryShares Hedged Equity Income ETF (HDIV) offers an income stream through dividend-paying equities and a covered call strategy, potentially providing downside protection. However, this strategy may limit upside potential in rising markets. Its success hinges on VictoryShares' ability to effectively implement the covered call strategy and manage its portfolio. Investors should carefully consider their risk tolerance and investment goals before investing. While it does hedge against market risks, it's important to note the limitations of its market share.
Similar Companies
DIVO
Amplify CWP Enhanced Dividend Income ETF
DIVO
Amplify CWP Enhanced Dividend Income ETF
FEPI
REX FANG & Innovation Equity Premium Income ETF
FEPI
REX FANG & Innovation Equity Premium Income ETF
JEPI
JPMorgan Equity Premium Income ETF
JEPI
JPMorgan Equity Premium Income ETF
QYLD
Global X NASDAQ 100 Covered Call ETF
QYLD
Global X NASDAQ 100 Covered Call ETF
XYLD
Global X S&P 500® Covered Call ETF
XYLD
Global X S&P 500® Covered Call ETF
Sources and Disclaimers
Data Sources:
- Victory Capital Website
- ETF.com
- Morningstar
- Yahoo Finance
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and consultation with a financial advisor. Data is based on information available as of the time of the analysis and is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About VictoryShares Hedged Equity Income ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund, under normal circumstances, has a policy to invest at least 80% of its assets in dividend paying domestic equity securities. It uses a multi-strategy approach to achieve its principal investment strategy. It seeks income from long positions in U.S. dividend producing equity securities of any market capitalization size.
Upturn is now on iOS and Android!
Experience Upturn on your mobile. Install it now!
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.