This summary was created by AI, based on 1 opinions in the last 12 months.
The Hamilton Enhanced U.S. Covered Call ETF (HYLD-T) primarily focuses on implementing a covered call strategy on bank stocks. While this strategy can provide income, the leverage of 25% raises concerns for some experts. In bullish market conditions, this leveraged approach may yield higher returns, benefiting from capital appreciation. However, during downturns, such as the bank collapse in March 2023, the inherent risks associated with leverage can lead to significant losses. As a result, some analysts express a cautionary stance, recommending avoidance of leveraged investments, particularly in the current market climate.
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.
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
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.
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.
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.
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.
On 2025-02-18, Hamilton Enhanced U.S. Covered Call ETF (HYLD-T) stock closed at a price of $14.195.
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.