- BMO US High Dividend Covered Call ETF (ZWH)
- BMO Canadian High Dividend Covered Call ETF (ZWC)
- Hamilton Enhanced Multi-Sector Covered Call ETF (HDIV)
- Hamilton Enhanced U.S. Covered Call ETF (HYLD)
Q: Best of the Season to all at 5i,
Please advise your most well thought of covered call ETFs. Leveraged and unleveraged.
Thanks very much.
Please advise your most well thought of covered call ETFs. Leveraged and unleveraged.
Thanks very much.
5i Research Answer:
Many covered call ETFs are sector-specialized. These are generally fine, but for a general recommendation we would prefer more diversification. HDIV is a multi-sector 25% leveraged ETF with an 11.73% indicated yield and one-year return 24.42%, focusing on Canada. HYLD is leveraged and focuses on the US market (12.53%, 26.01%). ZWC is unlevered, focusing on Canada (6.7%, 12.26%). ZWH is similar, focusing on the US market (4.87%, 18.10%).