Hamilton Enhanced U.S. Covered Call ETF (HYLD-T)
TSE:HYLD
12.05
0.66
(5.16%) 1d
Financials
Technical Analysis
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) is designed primarily as a covered call strategy focused on the banking sector. While this approach can be advantageous in a bullish market, leveraging the fund by 25% introduces significant risks, particularly evident during the downturn experienced in March 2023 when banks faced substantial challenges. An expert review emphasizes the caution around leveraged products, asserting that they should be avoided, especially in volatile markets. The focus on banks in a leveraged framework raises further concerns about the stability of returns and potential losses during downturns. Consequently, investors might find this ETF appealing but should remain aware of the inherent risks associated with leverage.
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.
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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
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 2025-04-03, Hamilton Enhanced U.S. Covered Call ETF (HYLD-T) stock closed at a price of $12.045.
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.