VEGA
AdvisorShares STAR Global Buy-Write ETF
7월 28일 2:07 PM ET (한국 7/29 03:07)
$51.79
+0.03 ▲ +0.05%
🌙 7월 28일 7:34 PM ET (한국 7/29 08:34)
$51.75
-0.04 ▼ -0.07%
VEGA ETF is analyzed across 10 metrics including expense ratio, holdings, sector allocation, dividends, RSI, and MACD.
Total Expense Ratio
1.25%
Annual operating cost
Net Assets (AUM)
$89M
약 1220억원
Holdings
13 items
Dividend Yield
1.27%
Management Style
Active
| Category | Global or ExUS Equities - Quant Strat | Asset Type | Equities (Stocks) | Return% 1Y | 12.13% | Total Holdings | 13 | Perf Week | -0.85% |
| ETF Type | Global Equities | Active/Passive | Active | Return% 3Y | 12.07% | AUM | $89M | Perf Month | -0.14% |
| Expense | 1.25% | NAV | $51.79 | Return% 5Y | 6.99% | 52W High | -2.08% | Perf Quarter | 1.49% |
| Dividend TTM | $0.66 (1.27%) | Div Gr. 3/5Y | 0.56% 44.3% | Return% 10Y | 7.44% | 52W Low | 12.19% | Perf Half Y | 3.39% |
| Flows% 1M | 1.19% | Flows% YTD | 10.8% | Return% SI | 5.98% | Volatility(W/M) | 0.47% 0.44% | Perf YTD | 5.46% |
| SMA20 | -0.77% | SMA50 | -0.69% | SMA200 | 2.86% | RSI (14) | 45.08 | Beta | 0.7 |
| IPO | 2012/9/18 | Prev Close | $51.76 | Perf Year | 10.77% | Avg Volume | 0.01M | Price | $51.79 |
AdvisorShares STAR Global Buy-Write ETF (VEGA) Investment Analysis
ETF Overview
AdvisorShares STAR Global Buy-Write ETF · Global or ExUS Equities - Quant Strat
커버드콜형 — 콜옵션 매도로 월배당 현금흐름 추구 (상승 제한)
2012년 상장, 14년 운영 중.
AdvisorShares STAR Global Buy-Write ETF는 모든 시장 주기에서 일관된 수익을 목표로 하는 액티브 운용 '재간접 펀드(Fund of funds)'입니다. 서브 어드바이저의 선정 기준을 충족하는 전 세계 지수 및 투자 섹터의 ETF와 ETN에 투자하며, 원자재나 외환에 직접 투자하는 ETP를 포함할 수 있습니다.
📘 VEGA ETF 자세히 알아보기 →U.S.equityoptionsSP500
- 규모
- $89M 약 1220억원
- 운용사
- AdvisorShares
- 운용 방식
- 액티브 (운용사 재량)
- 상장일
- 2012년
Cost Efficiency
Annual Expense Ratio · Category Rank · Long-Term Cost Impact
High-cost ETF — 1.25% annually
Costs are notably higher than the category average. Long-term holdings can erode returns.
Effective Annual Expense Ratio (Net Expense Ratio)
하위 5%1.25%
My positionBottom 5%
Low range Average High range
Actual Cost Simulation by Investment Amount
$100.0M
Annual Expense Ratio
$1.3M
Pay $450K more per year vs. category average
Category Median Annual Cost
$800K
Based on expense ratio of 0.80%
10-Year Cumulative Expense Ratio (Long-term simulation assuming 7% annual market growth)
$21.8M
22.6% of returns you could have earned goes to the fund manager due to fees
Because the expense ratio takes a slice of your assets every year, costs compound over 10 years and result in far greater losses than a simple sum (annual fee × 10). The 7% annual return assumption is based on the S&P 500's long-term average.
Defaults shown against $100K baseline portfolio. Adjust the slider to update the amount in real time.
Cheaper alternatives in the same category
RODM
Hartford Multifactor Developed Markets (ex-US) ETF
0.29%
-0.96%p annually
QQA
Invesco QQQ Income Advantage ETF
0.29%
-0.96%p annually
BRIE
MFS Blended Research International Equity ETF
0.34%
-0.91%p annually
* A lower fee does not necessarily mean a better ETF. Consider the tracked index, liquidity, and tax treatment as well.
Long-Term Performance
1-year · 3-year · 5-year · 10-year returns · vs. benchmark · drawdown defense
Average long-term returns
Near the Global or ExUS Equities - Quant Strat median.-5.7%p vs. benchmark (SPY) over 1Y.
ℹ️ The "1Y·3Y·5Y·10Y" periods below represent annualized returns (CAGR) measured backward from today. Example: "3Y +12%" means the investment grew at a compounded 12% per year over the past three years.
🎴 Covered Call ETF — total-return comparisons are for reference only
This ETF generates monthly cash distributions by selling call options, but in doing so gives up some of the upside potential of the underlying index. As a result, the total return and win-rate metrics versus the benchmark below will naturally appear unfavorable. The product's primary purpose is stable dividend cash flow, so we recommend reviewing it alongside the dividend analysis section.
If you had invested 10 year(s) ago
$100.0M
Today's value
$205.0M
→
Total gain
+$105.0M
Annualized +7.4%
ℹ️ How to read the return breakdown bar
Each period bar shows the share of this ETF's returns by source.
Price gains Price decline Dividends received
Mostly blue (80%+): Growth-style — price gains drive most returns
Mostly orange (70%+): Income-style — dividends drive most returns (watch out for after-tax drag)
Red + orange: Stagnant or declining price — dividends offset losses (common in covered-call and high-dividend funds)
Mostly orange (70%+): Income-style — dividends drive most returns (watch out for after-tax drag)
Red + orange: Stagnant or declining price — dividends offset losses (common in covered-call and high-dividend funds)
1 Year
2025.07 ~ 2026.07
Annualized +12.13%
평균권Price +10.77% + Dividend +1.36% = Total +12.13%/yr
Trailed the benchmark by 5.7%p annually
My positionMid-range
Low range Average High range
3 Years
2023.07 ~ 2026.07
Annualized +12.07% Cumulative +40.8%
평균권Price +10.53% + Dividend +1.54% = Total +12.07%/yr
Trailed the benchmark by 7.2%p annually
My positionMid-range
Low range Average High range
5 Years
2021.07 ~ 2026.07
Annualized +6.99% Cumulative +40.2%
평균권Price +5.20% + Dividend +1.79% = Total +6.99%/yr
Trailed the benchmark by 6.2%p annually
My positionMid-range
Low range Average High range
10Y
2016.07 ~ 2026.07
Annualized +7.44% Cumulative +105.0%
평균권Price +6.68% + Dividend +0.76% = Total +7.44%/yr
Trailed the benchmark by 7.5%p annually
My positionMid-range
Low range Average High range
10Y Cumulative Total Return Curve
2016-07-29 start, based on a 100M KRW base — read the curve values directly as units of 100M KRW (e.g., 308 → 3.08억 / 308M KRW). Both this ETF and the benchmark are rebased to 100 on the same start date for comparison.
VEGA · Price Only VEGA · Price + Cumulative Dividends VEGA · Dividend Reinvested S&P 500 (SPY)
50
150
250
350
450
ℹ️ Price Only: Excludes dividends and tracks pure stock price only. Covered-call and high-dividend ETFs often show a flat or declining line on this view, which is meaningful from a "principal preservation" standpoint. Price + Cumulative Dividend: Share count stays the same and received dividends are accumulated as cash. Closely matches your actual account total assets. Reinvested: Dividends are immediately used to buy additional shares (adjClose-based, the industry standard for total return). The wider the gap between the three lines, the easier it is to gauge the effectiveness of the dividend strategy.
Annual Return Comparison
ETF returns vs S&P 500 (SPY) by calendar year
VEGA S&P 500 (SPY)
+40%
0%
−40%
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026 YTD
💡 Covered-call ETFs underperform SPY in total return more often than not. Their core goal is dividend cash flow, so this comparison is for reference only.
ℹ️ Returns from January 1 to December 31 of each year. The current year (2026) column is dimmed to indicate YTD (incomplete). If blue is higher than gray, the ETF outperformed the benchmark in that year.
Win rate vs S&P 500 (SPY)
1 / 9Y
Lags behind benchmark (11%)
+ 2026 YTD: Behind (5.1% vs 8.7%)
2017 ✗
2018 ✗
2019 ✗
2020 ✗
2021 ✗
2022 ✓
2023 ✗
2024 ✗
2025 ✗
2026 ✗ YTD
💡 Covered calls structurally show a low total-return win rate. Since the goal is dividend cash flow, don't judge based on this number alone.
ℹ️ Number of winning years versus S&P 500 (SPY) within a completed calendar year (1/1–12/31). The current year (YTD) is reported separately.
Downside Capture
68%
Falls less than the benchmark in drawdowns — strong downside protection
<85% (Defend) 85~110% (Track) >110% (Lag)
💡 Covered calls absorb volatility via options, providing strong downside protection — values under 100% are typical.
ℹ️ Average % drop of this ETF when S&P 500 (SPY) is −1%. Based on daily returns over the past 3 years (only days where the benchmark is negative).
Risk Profile
Volatility · Beta · Max Drawdown · Sharpe · Drawdown Recovery History
Overall Risk Grade
Moderate Risk
The price swings may look small, but the options structure can gradually reduce your principal. Part of the dividends you receive may effectively be a return of your own invested capital.
🎴 Covered-call ETFs — Options absorb volatility
By selling call options to give up upside in exchange for premium, these ETFs show lower volatility than typical equity funds. This is an intended risk mitigation — not evidence of a "better ETF."
Beta (market sensitivity)
평균권0.70
If the market rises +10% +7.0%
If the market falls -10% -7.0%
My positionMid-range
Low range Average High range
ℹ️ A beta of 1.0 moves in line with the market. Above 1 means it moves more than the market; below 1 means less.
Average daily range (last 1 month)
평균권±0.44%
S&P 500 typically ±1.0~1.3% · Bond funds ±0.3% · Leveraged ETFs ±3% or more
Annual volatility trend (past 10 years)
ℹ️ This ETF's average daily price swing. 1% means "on average, moves about ±1% per day." The rolling curve below shows the annualized volatility (long-term standard measure) over time.
Max Drawdown · Past 10 years
-28.4%
2015-08-03 Worst -21% 2026-07-01
ℹ️ Maximum drawdown is the largest peak-to-trough decline in the past. It represents the worst-case loss a long-term investor must psychologically endure.
Sharpe Ratio (Risk-Adjusted Return)
0.31
Weak — Low risk-adjusted returns
ℹ️ Annualized return minus the risk-free rate (3% annualized), divided by annualized volatility. A value above 1.0 is generally considered good risk-adjusted performance.
Estimated Monthly Maximum Loss (VaR 95%)
-4.6%
Historically, monthly losses exceeding this figure occurred only5%of the time.
ℹ️ A statistical estimate meaning "with 95% probability, monthly losses will not exceed this amount." The remaining 5% corresponds to crisis-level events such as financial crises or pandemics.
Dividend Analysis
Yield · Dividend history · After-tax income calculator
Covered call distribution — 1.27% annually
The stated distribution yield is high, but it combines option premiums and return of capital, so it differs from a "pure dividend."5-year dividend growth rate: +44.3%.
Covered call ETF distributions combine option premiums with return of capital (ROC), so distributions may decline when the share price falls; even a high stated yield may be partly paid from principal.
배당수익률
1.27%
주당 배당
$0.66
연간 기준
5년 성장률
44.3%
지급 주기
연배당
12월
연도별 배당 총액 추이
주당 배당금을 연 단위로 합산한 금액입니다. 막대가 우상향이면 매년 배당이 늘어나고 있다는 뜻입니다. 커버드콜은 기초자산·옵션 시장 변동에 따라 연도별 변동이 일반 배당주보다 크게 나타날 수 있습니다.
$0.20
2012
$0.22 +13.1%
2016
$0.13 -42.4%
2018
$0.15 +17.1%
2019
$0.10 -30.5%
2020
$0.23 +117.1%
2021
$0.65 +183.8%
2022
$0.44 -32.1%
2023
$0.45 +2.5%
2024
$0.66 +46.7%
2025
$X.XX 그 해 총 배당금 +X% 전년 대비 증가 -X% 감소
최근 배당 이력 총 10건
아래로 스크롤하면 과거 배당 이력을 볼 수 있습니다.
배당락일
주당 금액
지급일
당시 수익률
2025-12-22
$0.660
—
2.25%
2024-12-23
$0.450
—
2.04%
2023-12-26
$0.439
—
1.13%
2022-12-23
$0.647
—
2.58%
2021-12-23
$0.228
—
0.81%
2020-12-24
$0.105
—
0.70%
2019-12-27
$0.151
—
0.82%
2018-12-27
$0.129
—
0.46%
2016-12-28
$0.224
—
0.81%
2012-12-27
$0.198
—
0.80%
* "배당락일"은 배당받으려면 이 날 이전에 주식을 보유해야 하는 기준일입니다. 지급일·당시 수익률은 일부 종목에서 데이터가 없을 수 있습니다.
💰 내가 $100K 투자한다면
연간 배당금 (세후) $1K
5년 누적 (세후) $13K
* 환율 1 가정, 배당소득세 15% 반영. 5년 누적은 배당 성장률 연 44.3% 가정.
* Qualified dividend middle-bracket approximation. Actual rate varies by total income.
Overall investment appeal
What this ETF fits best — strengths, weaknesses, and target investor profile
Income-focused ETF monthly distributions matter more to you than long-term capital growth.
💡 Dividend income-focused product. Capital appreciation is limited, and some distributions may be a return of principal.
🎯 목적별 적합도
내가 이 ETF를 어떤 목적으로 활용할 수 있는지 확인하세요.
낮음
매우 적합
낮음
낮음
이런 분에게 어울려요
Dividend-focused income investors (accepting limited capital growth)
✅ 강점
뚜렷한 강점이 드러나지 않아요.
⚠️ 약점·주의사항
- 💸Very high expense ratio — 1.25% annually
- 🎯Trails benchmark by -6.2%p annually
- 🧪Option structure can slowly erode principal (NAV erosion)
Portfolio Composition
What's actually inside — sector weights and top holdings
기초지수 + 옵션 전략
보유 종목 자체는 일반 지수와 비슷하지만, 수익 구조가 옵션으로 재설계됐어요.
ℹ️ 왜 구성을 봐야 하나요?
ETF의 실제 성과는 담고 있는 종목과 섹터에서 나와요. 이름이 "S&P 500"이라도 기술주 비중이 유난히 높을 수 있고, "배당주 ETF"라도 몇몇 대형주에 쏠려 있을 수 있어요. 라벨보다 실제 구성을 확인하는 게 중요해요.
🔬 집중도 한눈에 보기
총 보유종목
13개
상위 10개 비중
123.8%
최대 단일 종목
39.22%
집중도(HHI)
2823
높음 (집중)
🥧 섹터 비중
Financial 51.2%
📋 상위 보유 종목 Top 10 Top 10이 전체의 123.8% 차지
티커 옆의 점 색상 = 섹터 구분 (섹터 차트와 동일 색상)
#2 - DREY INST PREF GOV MM-M 25.74%
#10 - BLACKROCK LIQUIDITY T FUN 2.89%
Category Peers
Category: Global or ExUS Equities - Quant Strat
같은 카테고리 4종 중 AUM 4/4위 · 보수율 4/4위
카테고리: Global or ExUS Equities - Quant Strat
ℹ️ 왜 비교해야 하나요?
같은 카테고리 ETF끼리는 보수율·규모(AUM)·배당률을 비교해 볼 가치가 있어요. 보수율은 낮을수록 장기 수익에 유리하고, AUM이 크면 운용 안정성이 높아요. ▲ 표시는 VEGA보다 유리, ▼ 표시는 VEGA보다 불리를 뜻해요.
| 티커 | ETF명 | 보수율 | AUM | 보유종목 | 배당률 | YTD | 1년 |
|---|---|---|---|---|---|---|---|
| VEGA | AdvisorShares STAR Global Buy-Write ETF | 1.25% | $89M | 13 | 1.27% | +5.46% | +10.77% |
| Main BuyWrite ETF | 0.99% ▲ | $1.3B ▲ | 20 | 5.92% ▲ | - | +2.47% ▼ | |
| Aptus International Enhanced Yield ETF | 0.44% ▲ | $491M ▲ | 5 | 4.68% ▲ | - | +19.73% ▲ | |
| KraneShares KWEB Covered Call Strategy ETF | 0.95% ▲ | $102M ▲ | 8 | 27.54% ▲ | - | -23.91% ▼ |
AUM 내림차순 정렬 · ▲ VEGA보다 유리 · ▼ VEGA보다 불리
Leveraged & Covered Call ETFs on the Same Theme
ETFs that approach the same theme with a different strategy
21 ETFs tracking the same theme as VEGA using leveraged or covered call strategies (Leverage 8 · Inverse 5 · Covered Call 8)
Not direct derivatives of VEGA, but ETFs that cover the same theme via a different strategy.
ℹ️ Which ETFs are included?
Among ETFs whose theme (category or sector) overlaps with VEGA, some use special strategies. Leveraged ETFs aim for 2–3× the daily move, Inverse ETFs seek opposite-direction returns, and Covered Call ETFs generate monthly income from option premiums.
⚠️ Caution: Long-Term Holding
Leveraged and inverse ETFs track only the daily return. With high volatility, holding them for longer periods causes cumulative volatility decay—returns diverge further from the underlying index. They are meant for short-term trading.
Leverage 8 ETFs that amplify the same theme by 2-3x (high volatility)
XQQI
NEOS Boosted Nasdaq-100 High Income ETF
-1.45%
$244M
XBAP
Innovator U.S. Equity Accelerated 9 Buffer ETF - April
-0.02%
$131M
XBCI
NEOS Boosted Bitcoin High Income ETF
-1.76%
$106M
XBJA
Innovator U.S. Equity Accelerated 9 Buffer ETF - January
+0.22%
$87M
XSPI
NEOS Boosted S&P 500 High Income ETF
+0.34%
$79M
SEMY
GraniteShares YieldBOOST Semiconductor ETF
-1.34%
$76M
XBJL
Innovator U.S. Equity Accelerated 9 Buffer ETF - July
+0.21%
$74M
XDSQ
Innovator U.S. Equity Accelerated ETF - Quarterly
+0.33%
$69M
Inverse 5 ETFs that bet on declines in the same theme
WNTR
YieldMax MSTR Short Option Income Strategy ETF
+1.64%
$76M
FIAT
YieldMax Short COIN Option Income Strategy ETF
+0.04%
$34M
CRSH
YieldMax Short TSLA Option Income Strategy ETF
+0.42%
$18M
YQQQ
YieldMax Short N100 Option Income Strategy ETF
+0.60%
$15M
DIPS
YieldMax Short NVDA Option Income Strategy ETF
-0.44%
$8M
Covered Call & Options 8 ETFs that add a monthly dividend via covered calls on the same theme
JEPI
JPMorgan Equity Premium Income ETF
+0.68%
$45.6B
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
-0.95%
$39.1B
SPYI
NEOS S&P 500 High Income ETF
+0.27%
$10.8B
QYLD
Global X NASDAQ 100 Covered Call ETF
-0.40%
$8.1B
DIVO
Amplify CPW Enhanced Dividend Income ETF
+0.86%
$7.5B
XYLD
Global X S&P 500 Covered Call ETF
+0.17%
$3.2B
FTHI
First Trust BuyWrite Income ETF
-0.38%
$2.4B
TLTW
iShares 20+ Year Treasury Bond BuyWrite Strategy ETF
+0.51%
$1.9B
FAQ
What kind of ETF is VEGA?
VEGA is an ETF in the Global or ExUS Equities - Quant Strat category, managed by AdvisorShares.
How many holdings does VEGA have?
VEGA holds a total of 13 securities, with an AUM of approximately $89M.
Does VEGA pay dividends (distributions)?
VEGA's distribution yield is approximately 1.27%.
What is the 52-week high and low for VEGA?
VEGA has recorded a 52-week high of $52.89 and a low of $46.16.
면책조항: 본 콘텐츠는 참고 자료이며 투자 권유가 아닙니다. 모든 투자의 책임은 투자자 본인에게 있습니다.