HSPX:ARCA-Horizons S&P 500 Covered Call

ETF | Options-based | NYSE Arca

Last Closing

USD 45.5

Change

0.00 (0.00)%

Market Cap

USD 0.03B

Volume

0.01M

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The investment seeks investment results that, before fees and expenses, generally correspond to the performance of the S&P 500 Stock Covered Call Index. The fund invests at least 80% of its total assets in securities that comprise its underlying index. The underlying index is comprised of all the equity securities in the S&P 500 Index (the "reference index") in substantially similar weight as the reference index and short (written) call options on up to 100% of each of the option eligible securities in the reference index that meet, among others, the stock and option price criteria of the underlying index methodology.

Inception Date: 21/06/2013

Primary Benchmark: CBOE S&P 500 2% OTM Buywrite BXY

Primary Index: S&P 500 TR USD

Gross Expense Ratio: 0.65%

Management Expense Ratio: 0.65 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-01-12 )

Largest Industry Peers for Options-based

Symbol Name Mer Price(Change) Market Cap
PBP Invesco S&P 500 BuyWrite 0.75 %

+0.01 (+0.05%)

USD 0.31B
PUTW WisdomTree CBOE S&P 500 PutWri.. 0.38 %

-0.11 (-0.42%)

USD 0.24B
CCOR Cambria Core Equity 1.21 %

-0.09 (-0.32%)

USD 0.08B
SWAN Amplify ETF Trust BlackSwan Gr.. 0.00 %

+0.03 (+0.14%)

USD 0.06B
VEGA AdvisorShares STAR Global Buy-.. 1.85 %

+0.11 (+0.35%)

USD 0.01B

ETFs Containing HSPX

N/A

Market Performance

  Market Performance vs. Industry/Classification (Options-based) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 2.66% 83% B 29% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 2.66% 83% B 29% F
Trailing 12 Months  
Capital Gain -11.71% 20% F 45% F
Dividend Return 6.12% 100% A+ 82% B-
Total Return -5.59% 40% F 54% F
Trailing 5 Years  
Capital Gain 3.08% 67% D+ 54% F
Dividend Return 23.79% 100% A+ 69% D+
Total Return 26.87% 100% A+ 57% F
Average Annual (5 Year Horizon)  
Capital Gain 2.59% 60% D- 57% F
Dividend Return 7.14% 100% A+ 60% D-
Total Return 4.56% 100% A+ 73% C
Risk Return Profile  
Volatility (Standard Deviation) 7.05% 20% F 81% B-
Risk Adjusted Return 101.33% 100% A+ 85% B
Market Capitalization 0.03B 50% F 21% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.