TSE:HYLD

12.96
0.34 (2.56%) 1d
0
Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

The Hamilton Enhanced U.S. Covered Call ETF, symbol HYLD-T, primarily employs a covered call strategy focused on the banking sector. Experts indicate that while this strategy can be effective in a bullish market, it comes with inherent risks, particularly due to its leveraged position of 25%. This leverage has proven problematic during downturns, such as the collapse of certain banks in March 2023, which raises concerns for cautious investors. Many experts suggest avoiding leveraged products for long-term stability, especially given the unpredictable nature of financial markets. Overall, the ETF reflects a mix of potential opportunities and significant risks that investors must weigh carefully.

Consensus
Avoid
Valuation
Overvalued
Similar
BME,CSQ
DON'T BUY

It's a covered call on banks. There are many of these. The problem they have is they're leveraged by 25% which works well in an upmarket, but down, like when the banks collapsed in March 2023. He avoids anything with leverage.

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

With covered calls, you have been getting some good premiums, because volatility has been high in recent months. This is a US-based ETF. HYLD's performance YTD has been 0%. You give up upside to participate in US markets. This performance may be down to bad timing and bad luck. Isn't sure why HYLD isn't keeping up with the market indices. A red flag.

E.T.F.'s
BUY
Hamilton is a good executor of covered call strategies. Little bit of leverage involved. This means more yield but also more volatility. Important to understand high yields come at the cost of more risk.
E.T.F.'s
COMMENT
Hamilton does options strategies well. The covered call enhances the yield.
E.T.F.'s
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Hamilton Enhanced U.S. Covered Call ETF(HYLD-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 1

Stockchase rating for Hamilton Enhanced U.S. 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.

Hamilton Enhanced U.S. Covered Call ETF(HYLD-T) Frequently Asked Questions

What is Hamilton Enhanced U.S. Covered Call ETF stock symbol?

Hamilton Enhanced U.S. Covered Call ETF is a Canadian stock, trading under the symbol HYLD-T on the Toronto Stock Exchange (HYLD-CT). It is usually referred to as TSX:HYLD or HYLD-T

Is Hamilton Enhanced U.S. Covered Call ETF a buy or a sell?

In the last year, 1 stock analyst published opinions about HYLD-T. 0 analysts 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 Hamilton Enhanced U.S. Covered Call ETF.

Is Hamilton Enhanced U.S. Covered Call ETF a good investment or a top pick?

Hamilton Enhanced U.S. Covered Call ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Hamilton Enhanced U.S. Covered Call ETF.

Why is Hamilton Enhanced U.S. 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 Hamilton Enhanced U.S. Covered Call ETF worth watching?

1 stock analyst on Stockchase covered Hamilton Enhanced U.S. Covered Call ETF In the last year. It is a trending stock that is worth watching.

What is Hamilton Enhanced U.S. Covered Call ETF stock price?

On 2025-03-06, Hamilton Enhanced U.S. Covered Call ETF (HYLD-T) stock closed at a price of $12.96.