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VEGA
Upturn stock rating

AdvisorShares STAR Global Buy-Write ETF (VEGA)

Upturn stock rating
$49.33
Last Close (24-hour delay)
Profit since last BUY11.78%
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Consider higher Upturn Star rating
BUY since 105 days
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Upturn Advisory Summary

10/24/2025: VEGA (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

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 star rating icon
Upturn Advisory Performance Upturn Advisory Performance 4.0
ETF Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/24/2025

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

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AdvisorShares STAR Global Buy-Write ETF

stock logo

ETF Overview

overview logo 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.

reliability logo Reputation and Reliability

AdvisorShares is known for its actively managed ETFs, including those using options strategies. Reputation is mixed, contingent on strategy success.

reliability logo Management Expertise

AdvisorShares has experience in managing options-based ETFs, with a team focused on generating income through covered call strategies.

Investment Objective

overview logo 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

overview logo 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.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization 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).