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Upturn AI SWOT - About
AdvisorShares STAR Global Buy-Write ETF (VEGA)
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- SELL Advisory (Profit)
- SELL Advisory (Loss)
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Stock price based on last close (see disclosures)
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Upturn Advisory Summary
04/01/2025: VEGA (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
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit 1.9% | Avg. Invested days 55 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 5773 | Beta 0.74 | 52 Weeks Range 38.91 - 44.95 | Updated Date 04/2/2025 |
52 Weeks Range 38.91 - 44.95 | Updated Date 04/2/2025 |
Upturn AI SWOT
AdvisorShares STAR Global Buy-Write ETF
ETF Overview
Overview
The AdvisorShares STAR Global Buy-Write ETF (VEGA) employs a global equity buy-write strategy. It invests in global equities and writes (sells) covered call options on those holdings to generate income. The fund aims to provide current income and potentially capital appreciation, while moderating volatility.
Reputation and Reliability
AdvisorShares is known for actively managed ETFs with unique strategies. They are considered reliable but relatively small compared to industry giants.
Management Expertise
AdvisorShares has a dedicated team with experience in options strategies and global equity markets.
Investment Objective
Goal
To seek current income and potential capital appreciation through a global equity buy-write strategy.
Investment Approach and Strategy
Strategy: The ETF implements an actively managed buy-write strategy on global equities.
Composition The ETF primarily holds a diversified portfolio of global equity securities.
Market Position
Market Share: VEGA's market share in the covered call ETF sector is relatively small.
Total Net Assets (AUM): 27040000
Competitors
Key Competitors
- QYLD
- XYLD
- JEPI
- RYLD
Competitive Landscape
The covered call ETF market is competitive, with several established players. VEGA's global focus differentiates it, but it faces competition from US-focused or index-based covered call ETFs. VEGA's active management could offer potential advantages but also introduces manager risk.
Financial Performance
Historical Performance: Historical performance data should be consulted to evaluate the ETF's performance over different time periods.
Benchmark Comparison: The ETF's performance should be compared to a relevant global equity index and a covered call benchmark.
Expense Ratio: 0.99
Liquidity
Average Trading Volume
The average trading volume for VEGA is relatively low, which can impact trading costs.
Bid-Ask Spread
The bid-ask spread for VEGA may be wider due to its lower trading volume, increasing transaction costs.
Market Dynamics
Market Environment Factors
Global economic conditions, interest rates, and equity market volatility influence VEGA's performance. The ETF's options strategy performs differently in various market environments.
Growth Trajectory
VEGA's growth depends on its ability to attract assets and deliver consistent income and capital appreciation within its risk profile.
Moat and Competitive Advantages
Competitive Edge
VEGA's competitive advantage lies in its actively managed global equity buy-write strategy, differentiating it from passive or US-focused competitors. The fund's active management provides flexibility to adjust the option overlay based on market conditions. Its strategy attempts to generate income while participating in global equity market upside. However, active management can also introduce underperformance risks compared to passive benchmarks.
Risk Analysis
Volatility
VEGA's volatility should be evaluated based on its historical price fluctuations and option strategy impact.
Market Risk
VEGA is subject to global equity market risk and the risks associated with writing covered call options.
Investor Profile
Ideal Investor Profile
The ideal investor is seeking current income, potential capital appreciation, and some downside protection in a global equity portfolio, and is comfortable with options strategies.
Market Risk
VEGA may be suitable for long-term investors seeking income and diversification, but active traders should consider its liquidity.
Summary
AdvisorShares STAR Global Buy-Write ETF (VEGA) employs an actively managed global equity buy-write strategy to generate income and capital appreciation. Its global focus distinguishes it from other covered call ETFs, but its liquidity is relatively low. The ETF is suitable for income-seeking investors comfortable with options strategies and global equity market risk. Potential investors should weigh the benefits of active management and diversification against higher expense ratios and manager risk.
Similar Companies
- QYLD
- XYLD
- JEPI
- RYLD
- HNDL
- FEPI
Sources and Disclaimers
Data Sources:
- AdvisorShares website
- ETF.com
- Morningstar
- Bloomberg
Disclaimers:
The data and analysis provided are for informational purposes only and do not constitute investment advice. Past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.
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 AdvisorShares STAR Global Buy-Write ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund is an actively managed exchange-traded fund (ETF) that is primarily a fund of funds. It invests in ETFs and exchange-traded notes (ETNs) that seek to track a diversified basket of global indices and investment sectors that meet certain selection criteria established by the sub-advisor. It also may invest, subject to the same selection criteria, in exchange-traded products that invest directly in commodities or currencies and that are registered only pursuant to the Securities Act of 1933 (collectively with ETFs and ETNs, ETPs).
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