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Upturn AI SWOT - About
AdvisorShares STAR Global Buy-Write ETF (VEGA)
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Upturn Advisory Summary
08/14/2025: VEGA (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star 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 14.79% | Avg. Invested days 66 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 08/14/2025 |
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 |
Upturn AI SWOT
AdvisorShares STAR Global Buy-Write ETF
ETF Overview
Overview
The AdvisorShares STAR Global Buy-Write ETF (VEGA) employs a covered call strategy on a global portfolio of equities, seeking to generate income and mitigate downside risk.
Reputation and Reliability
AdvisorShares is known for its actively managed ETFs and its focus on innovative investment strategies.
Management Expertise
AdvisorShares has a team of experienced portfolio managers specializing in options strategies and global equity markets.
Investment Objective
Goal
To generate income and reduce volatility by writing covered call options on a globally diversified equity portfolio.
Investment Approach and Strategy
Strategy: Actively managed strategy involving the selection of global equities and the writing of covered call options.
Composition Primarily holds global equities with a portion of the portfolio allocated to cash and short-term investments to support the option overlay.
Market Position
Market Share: VEGA holds a relatively small market share compared to broader global equity ETFs.
Total Net Assets (AUM): 24553817
Competitors
Key Competitors
- XYLD
- QYLD
- JEPI
- RYLD
Competitive Landscape
The covered call ETF market is competitive, with several established funds offering similar strategies. VEGA differentiates itself through its global equity focus. Competitors focus more on the US Equity markets.
Financial Performance
Historical Performance: Historical performance data should be reviewed to assess the fund's ability to generate income and manage downside risk over various market cycles. (Data not available)
Benchmark Comparison: The ETF's performance should be compared to a global equity benchmark and a covered call strategy benchmark to evaluate its effectiveness. (Data not available)
Expense Ratio: 0.99
Liquidity
Average Trading Volume
VEGA exhibits low liquidity compared to broader ETFs, which might increase trading costs.
Bid-Ask Spread
VEGA's bid-ask spread may be wider compared to more liquid ETFs, potentially impacting execution costs.
Market Dynamics
Market Environment Factors
Global economic conditions, equity market volatility, and interest rate trends can influence VEGA's performance.
Growth Trajectory
VEGA's growth trajectory is dependent on investor demand for income-generating strategies and its ability to effectively manage its covered call program.
Moat and Competitive Advantages
Competitive Edge
VEGA's global equity focus distinguishes it from many US-centric covered call ETFs. This provides diversification benefits and exposure to international markets. However, this global exposure may also introduce currency risks. The fund's active management seeks to optimize the covered call strategy based on market conditions. Its success depends heavily on the portfolio managers' skill in selecting equities and setting option strike prices.
Risk Analysis
Volatility
VEGA's volatility will be affected by the underlying equity portfolio and the covered call strategy, which is designed to reduce volatility to an extent.
Market Risk
VEGA is subject to market risk associated with global equities, including economic downturns, geopolitical events, and currency fluctuations.
Investor Profile
Ideal Investor Profile
VEGA is suitable for investors seeking income, downside protection, and exposure to global equities.
Market Risk
VEGA may be suitable for long-term investors seeking income, but less appropriate for active traders due to its low liquidity.
Summary
AdvisorShares STAR Global Buy-Write ETF (VEGA) seeks to generate income through a covered call strategy on a global equity portfolio, offering a potentially lower volatility profile. Its global focus differentiates it from many competitors, but also introduces currency risk. The ETF's success depends on the skill of the managers to select equities and determine optimal option strike prices. Investors should carefully consider the low liquidity and potential tax implications before investing.
Peer Comparison
Sources and Disclaimers
Data Sources:
- AdvisorShares Website
- ETF.com
- Morningstar
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Investment decisions should be made based on your individual circumstances and consultation 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).
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