
Cancel anytime
- Chart
- Upturn Summary
- Highlights
Upturn AI SWOT - About
AdvisorShares STAR Global Buy-Write ETF (VEGA)

- 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
10/24/2025: VEGA (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type ETF | Historic Profit 19.62% | Avg. Invested days 74 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() | Upturn Advisory Performance | ETF Returns Performance |
Key Highlights
Volume (30-day avg) - | Beta 0.72 | 52 Weeks Range 39.10 - 46.00 | Updated Date 06/29/2025 |
52 Weeks Range 39.10 - 46.00 | Updated Date 06/29/2025 |
Upturn AI SWOT
AdvisorShares STAR Global Buy-Write ETF
ETF Overview
Overview
The AdvisorShares STAR Global Buy-Write ETF (VEGA) employs a global buy-write strategy, seeking income by writing covered call options on a portfolio of global equities. The ETF aims to provide current income and potential capital appreciation.
Reputation and Reliability
AdvisorShares is known for its actively managed ETFs, including those using options strategies. Reputation is mixed, contingent on strategy success.
Management Expertise
AdvisorShares has experience in managing options-based ETFs, with a team focused on generating income through covered call strategies.
Investment Objective
Goal
Seeks current income and potential capital appreciation by implementing a global buy-write strategy.
Investment Approach and Strategy
Strategy: Actively managed ETF implementing a covered call strategy on a portfolio of global equities.
Composition Primarily holds global equities with a covered call overlay to generate income from option premiums.
Market Position
Market Share: VEGA holds a small market share within the global covered call ETF category.
Total Net Assets (AUM): 21385957
Competitors
Key Competitors
- QYLD
- XYLD
- RYLD
- JEPI
- DIAX
Competitive Landscape
The covered call ETF space is competitive. VEGA's global approach distinguishes it, but it faces competition from more established funds with greater AUM. Advantages include global diversification. Disadvantages include higher expense ratio compared to some competitors and market risks associated with a global portfolio.
Financial Performance
Historical Performance: Historical performance depends on market conditions and options premiums. Past performance is not indicative of future results. Review ETFu2019s performance over different time periods to understand its track record.
Benchmark Comparison: Performance should be compared to global equity benchmarks and covered call strategy indices to gauge effectiveness.
Expense Ratio: 0.94
Liquidity
Average Trading Volume
The ETF's average daily trading volume is relatively low, which may increase transaction costs.
Bid-Ask Spread
Due to lower volume, the bid-ask spread can be wider than more liquid ETFs.
Market Dynamics
Market Environment Factors
Global economic conditions, interest rates, and volatility in global equity markets influence VEGA's performance.
Growth Trajectory
Growth trajectory depends on investor demand for income-generating strategies and market performance.
Moat and Competitive Advantages
Competitive Edge
VEGA's advantage lies in its global focus, providing diversification beyond US markets. The active management allows for adjusting the covered call strategy based on market conditions. Its global equity selection process seeks to identify attractive opportunities. This differentiated approach, however, comes with a higher expense ratio and involves greater risk.
Risk Analysis
Volatility
Volatility depends on the underlying global equity portfolio and options strategy. Covered calls generally reduce volatility compared to owning equities outright.
Market Risk
Specific risks include global economic downturns, currency fluctuations, and changes in dividend payouts or volatility in underlying stocks.
Investor Profile
Ideal Investor Profile
Suitable for investors seeking income and global diversification and who are comfortable with options strategies.
Market Risk
More suited for income-seeking investors and not for passive index followers.
Summary
AdvisorShares STAR Global Buy-Write ETF provides a global covered call strategy, targeting income and some capital appreciation. It offers diversification benefits and active management, but is relatively small with higher expense compared to competitors. It suits investors looking for global exposure and current income and accepting risks such as changes in dividend payouts or volatility in underlying stocks.
Peer Comparison
Sources and Disclaimers
Data Sources:
- AdvisorShares
- ETF.com
- Morningstar
- YCharts
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be made based on individual circumstances and after consulting with a qualified financial advisor.
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).

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.
Home 

