Buy, Sell or Hold: Horizons Enhanced Income Gold ETF (HEP-T)

TSE:HEP

27.03

0.03 (0.11%) 1d

Showing 1 to 15 of 27 entries

DON'T BUY

Covered call overlay strategy. Loves the strategy in general. Thinks we are close to a low point. You do not want covered call when you think we are near the bottom since with it, we give away some of the upside capture. Should look at pure exposure.

E.T.F.'s

BUY

Nothing wrong with this. He's not a gold buff and owns no gold, though. But this is fine for bold buffs.

E.T.F.'s

TOP PICK

Gold and gold ETFs are a meaningful diversifier in a portfolio. The gold prices have languished and he believes HEP provides exposure to gold producers by equal weight, and a cover writing program to enhance yield. 5.72% dividend right now.

E.T.F.'s

HOLD

A way to extract extra yield from gold miners. With volatility, the enhanced yield is interesting. If you think the price will go sideways, it would be preferable to hold something that generates yield like HEP. However, if you think it will go up, you don't want to give away the upside. Right now, gold probably has some upside in the next 6 - 12 months.

E.T.F.'s

PAST TOP PICK

(A Top Pick Jun 01/20, Down 11%) He would buy it again. You want to hold the portion of gold that you are going to hold for the long term. This one helps buffer on the downside as we go through a correction. He would use this opportunity to add to your position.

E.T.F.'s

WEAK BUY

Nice thing is they take a portion of the portfolio and write covered calls on it, so you get some income as you go along and it takes out some of the volatility. You underperform a bit, but you get the income. Not the best way if you're bullish on gold. With this ETF, you get the best of both worlds.

E.T.F.'s

PAST TOP PICK

(A Top Pick Aug 01/19, Up 40%) The companies in HEP have outperformed gold itself and will continue to do so. HEP has a covered writing overlay on parts of the portfolio which reduces volatility. It's been parabolic recently, so wait for a pullback.

E.T.F.'s

BUY

HEP-T vs. XGD-T. HEP-T has a covered call overly to the gold stocks and generates extra yield. If you are bullish then you don’t want that covered call. If you are a yield seeker then it is a fine way to get exposure to gold.

E.T.F.'s

TOP PICK

The trend and breakout is pervasive. There is nothing like buying securities at the beginning of a bull market. The next 10 years is more likely to see a 450% return in gold than in the NASDAQ in his opinion. It has a covered writing strategy to bring up the yield.

E.T.F.'s

DON'T BUY

Nothing wrong with it. Covered call on gold. He's not a gold fan. But if he's going to play something as volatile as gold, he wants the full potential of growth rather than using the covered call.

E.T.F.'s

DON'T BUY

He doesn't want a cap on it on something volatile. Gold has been recently volatile recently so he doesn't want a cap on it.

E.T.F.'s

TOP PICK

15 equally weighted senior gold producers, and they sell calls against it. Massive premiums. You get gold with equity leverage. Yield is 4.40%.

E.T.F.'s

COMMENT

XGD-T vs HEP-T vs GLD-N. XGD-T is global, primarily Canadian gold stocks. HEP-T is based on futures contracts, a more pure play. GLD-N holds physical gold. Not bullish on gold, but will trade it seasonally.

E.T.F.'s

COMMENT

Gold stocks don’t generally pay a dividend. Horizons and a few others shave come out with ETFs where they write options and take the premiums. Over the last 5 years there is a loss but if you compare it now, you get a much lower return compared to the appropriate index.

E.T.F.'s

DON'T BUY

Would like a Gold ETF but enjoys getting dividends - Don't think dividend and gold stock. They are two different things. Don't go together. Even if it pays dividend it is going to move a lot. Gold is going into a consolidation. He prefers XGD. The granddaddy in the space. But it is expensive at 65 basis points.

E.T.F.'s

Showing 1 to 15 of 27 entries

Horizons Enhanced Income Gold ETF(HEP-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 2

Stockchase rating for Horizons Enhanced Income Gold ETF is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Horizons Enhanced Income Gold ETF(HEP-T) Frequently Asked Questions

What is Horizons Enhanced Income Gold ETF stock symbol?

Horizons Enhanced Income Gold ETF is a Canadian stock, trading under the symbol HEP-T on the Toronto Stock Exchange (HEP-CT). It is usually referred to as TSX:HEP or HEP-T

Is Horizons Enhanced Income Gold ETF a buy or a sell?

In the last year, 2 stock analysts published opinions about HEP-T. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Horizons Enhanced Income Gold ETF.

Is Horizons Enhanced Income Gold ETF a good investment or a top pick?

Horizons Enhanced Income Gold ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for Horizons Enhanced Income Gold ETF.

Why is Horizons Enhanced Income Gold ETF stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Horizons Enhanced Income Gold ETF worth watching?

2 stock analysts on Stockchase covered Horizons Enhanced Income Gold ETF In the last year. It is a trending stock that is worth watching.

What is Horizons Enhanced Income Gold ETF stock price?

On 2022-05-20, Horizons Enhanced Income Gold ETF (HEP-T) stock closed at a price of $27.03.

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