Showing 1 to 28 of 28 entries
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DON'T BUY
Very strong yield on product, but involves risk of investing in tech. Better places to earn consistent yield.
E.T.F.'s
DON'T BUY
You should not invest just for a high dividend. The tech sector in the late cycle where interest rates rise, will underperform. He is underweight technology. You want to see this pullback significantly before dipping in. The dividend is volatile and is driven by the premium from the underlying stock price.
E.T.F.'s
PARTIAL SELL
A hedged ETF will not have any impact on US assets since the currency is hedged. If inflation is more persistent, then the Fed will have to be more reactionary. This will cause an unexpected upward movement in interest rates, which will lead to these assets to underperform. Good strategy to extract yield from a sector with low yield. Not the best time to start a new position. Would trim some exposure.
E.T.F.'s
BUY
Nothing wrong with this. Tech is important to own, though will be volatile.
E.T.F.'s
DON'T BUY
The company does some covered calls. One concern is that gold or any commodity is risky, so he wants the full benefit of that risk in return. A covered call on a commodity limits the upside (though he really likes covered calls in general). TXF pays a 9% dividend yield--it looks wonderful, but below the surface could lie risk.
E.T.F.'s
COMMENT
Basket of 25 US tech stocks, equal weight, with a covered call. Yield is about 10%, but going forward it may be closer to 7%. Be aware that much of the yield is a ROC. It's not a straight dividend. He watches the ZWT ETF, market weighted, 65 holdings, more diversified, lower distribution, but it's outperformed TXF this year.
E.T.F.'s
BUY on WEAKNESS
Big cap tech with extra yield from covered calls. Get pretty good premiums since volatility is high. TXF has a covered call. Over-valued right now so wait for a pullback. TXF.B has no currency hedge.
E.T.F.'s
COMMENT
A 75-year-old holding this. Hold no more than 10% of your portfolio in anything this volatile at this age. It's a fine ETF though.
E.T.F.'s
WEAK BUY
Certain amount of risk because they're tech giants. With covered calls, you're always giving up some of the growth. You might be better off buying something that's broader based. But if you're willing to accept the risk, then go ahead.
E.T.F.'s
COMMENT
He does not own this one. It is similar to his portfolio, investing in the largest 25 tech venders out of the US. No more than 25% of call options sold against them that allows a nice yield. It is good for early stage bull markets and will not do well in a bear market. This limits the price action to the upside.
E.T.F.'s
BUY
The tech space has done very well the past 10 years, but Canadians have a tough time finding a robust tech stock that's not correlated to Canada. So he found this. Pays a good dividend, but is choppy when tech markets turn rough. Buy it now during the market downturn.
E.T.F.'s
DON'T BUY
Very popular ETF. It uses a covered call to generate yields. Holds tech giants primarily in the U.S. A great high-yield way to get technology exposure. In his mind investing in technology is all about participating in future growth. Feels putting a covered-call overlay kinda defeats a bit of the purpose. Prefers plain-vanilla technology ETF.
E.T.F.'s
WEAK BUY
Nothing wrong with it, though not fan of writing calls on things that has a lot of up-side. Finds the stock pricy since it's actively managed. Tends to prefer low cost ETFs.
E.T.F.'s
DON'T BUY
Do a covered call in this space? He wouldn't do the covered call. Tech stocks are growth stocks, not income. He'd rather buy individual stocks to get the growth. He likes this sector, but not this ETF.
E.T.F.'s
DON'T BUY
He's down on it. Yield must be around 8.4% now. Don't add new money to this...yet. Wait till the market bounces up.
E.T.F.'s
COMMENT

It's done well, but his only question is, How does it compare to the S&P 500? This ETF is 90% IT and there's nothing wrong whit it, if you want to play this sector, though personally he's wary of the FANG stocks.

E.T.F.'s
RISKY BUY

Most of what you receive from this ETF is capital gains. It is an interesting ETF- the largest 25 tech companies, equal weight with covered calls. Covered calls are better for stocks going sideways. He does not think this is a prudent investment for a retiree. Be careful here. The covered writes buffer on the downside a little.

E.T.F.'s
BUY

A big holding of his. There's a sea change in businesses in how they're embracing technology that stretches beyond the big tech names, so this is a massive growth area. You can buy the hedged or unhedged version (he buys the hedged) and buy these big U.S. tech names without worrying about the Canadian dollar. They also do some covered calls. Pays over 5% yield.

E.T.F.'s
COMMENT

Covered call currency hedged ETF. It is narrowly focused in the industrial sector. They write on 25% of the portfolio.

E.T.F.'s
COMMENT

Invests in an equal weighted basket of big-name tech companies. The “covered call” side is not the major component, because they only write against 25% of the fund and the assets of the fund at any point in time. If you like big-name technology, this is fine. This is where he thinks a lot of the earnings are going to come from.

E.T.F.'s
COMMENT

Techs in the US, the big 4 tech names (basically Internet services), had a fantastic 6 months in 2017 to date. There was a great deal of concentration in the FANG stocks that helped the S&P 500 for the 1st 6 months. In the back half of 2017, you are going to get a bit more breadth in the S&P 500, so he is not sure you are going to get the same kind of lift on this ETF, as you would by just going into the S&P 500.

E.T.F.'s
BUY

Tech in the US have been an amazing play. This one overlays 75% of the portfolio with call options. This is not the way to get growth from technology stocks, but it is the way to get yield. If you need the yield it is fine.

E.T.F.'s
DON'T BUY

It is a great way to play the big techs, but now is not a great time to get in. The covered calls mean that if markets go up a lot you may not participate properly. He likes the ETF, but tech stocks are not a great place to be right now.

E.T.F.'s
BUY

Technology ETF. You don’t have to worry about the market cap because it has the liquidity of the underlying securities it holds. He would prefer a covered call strategy, however. He likes IYW-N to play the broader tech sector.

E.T.F.'s
BUY

US Technology Sector. He believes tech will be a long term outperformer. FHQ-T is another choice.

E.T.F.'s
WEAK BUY

It is a beta ETF so they try to improve on the index they follow. They write a covered call at the money on a quarter of the portfolio. You get some growth potential. He thinks technology is expensive so covered calls are the way to get income. He prefers energy. ZEO-T or ISX-T)

E.T.F.'s
HOLD

The reason most people buy this is that they are looking for another source of dividend income. He likes this vehicle. It takes advantage of all the moving parts within the volatility. Technology sector changes constantly.

E.T.F.'s
BUY

Tech joint with covered call strategy. You are always giving up upside because of covered call.

E.T.F.'s
Showing 1 to 28 of 28 entries
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FIRST ASSET TECH GIANTS COVERED CALL ETF(TXF-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 3

Stockchase rating for FIRST ASSET TECH GIANTS COVERED CALL 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.

FIRST ASSET TECH GIANTS COVERED CALL ETF(TXF-T) Frequently Asked Questions

What is FIRST ASSET TECH GIANTS COVERED CALL ETF stock symbol?

FIRST ASSET TECH GIANTS COVERED CALL ETF is a Canadian stock, trading under the symbol TXF-T on the Toronto Stock Exchange (TXF-CT). It is usually referred to as TSX:TXF or TXF-T

Is FIRST ASSET TECH GIANTS COVERED CALL ETF a buy or a sell?

In the last year, 3 stock analysts published opinions about TXF-T. 0 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for FIRST ASSET TECH GIANTS COVERED CALL ETF.

Is FIRST ASSET TECH GIANTS COVERED CALL ETF a good investment or a top pick?

FIRST ASSET TECH GIANTS COVERED CALL ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for FIRST ASSET TECH GIANTS COVERED CALL ETF.

Why is FIRST ASSET TECH GIANTS COVERED CALL 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 FIRST ASSET TECH GIANTS COVERED CALL ETF worth watching?

3 stock analysts on Stockchase covered FIRST ASSET TECH GIANTS COVERED CALL ETF In the last year. It is a trending stock that is worth watching.

What is FIRST ASSET TECH GIANTS COVERED CALL ETF stock price?

On 2022-09-30, FIRST ASSET TECH GIANTS COVERED CALL ETF (TXF-T) stock closed at a price of $12.92.