Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Shopify Inc. Class A Subordinate Voting Shares (SHOP $227.49)
- $227.49 P/E (TTM): 86.12X Cap: $285.10B
- View SHOP Profile
- View Questions on SHOP
- View Reports on SHOP
Strategy Inc (MSTR $299.11)
- $299.11 P/E (TTM): 27.51X Cap: $84.14B
- View MSTR Profile
- View Questions on MSTR
Harvest MicroStrategy Enhanced High Income Shares ETF (MSTE $11.29)
- $11.29 P/E (TTM): 23.92X Cap: $426M
- View MSTE Profile
- View Questions on MSTE
Harvest Shopify Enhanced High Income Shares ETF (SHPE $14.07)
- $14.07 P/E (TTM): 87.67X Cap: $7M
- View SHPE Profile
- View Questions on SHPE

Q: Do you see a benefit in owning a company, and then an ETF that writes covered calls on that company, such as SHOP and SHPE, or MSTR and MSTE in order to capture upside, and also get an income distribution? Please provide pros and cons, and if both owned, what sort of division - 50/50, 60/40 (asset/ETF) etc. - thanks!

Asked by Kim on September 05, 2025

5i Research Answer:

We do not have any particular objections to such a plan. The main con of course is it doubles up...

We invite you to sign up for a 14 day free trial of 5i Research!
Experience all the benefits and tools we have to offer; unbiased stocks research, model portfolios, Q&A with our experts, and so much more. Join a community of like-minded investors today!

First Name *

Last Name *

E-mail *

Password *

I have read and agree to the Terms of Use

Let us help YOU reach your financial goals today!

Start your FREE trial today and enjoy all the benefits of a 5i Membership including:

Access to a team of experts ready to answer your investments question
Instant access to over 100,000 archived questions
A community of like-minded investors
Peace of mind knowing that 5i Research has only YOUR best interests in mind

First Name *

Last Name *

E-mail *

Password *

I have read and agree to the Terms of Use