Q: After holding this ETF for about 8 years and riding many waves up and down, I am finally ahead a little (not counting dividends). It makes up about 17% of my total holdings. I do not have any substantive exposure to Technology or Reits. There are two etf's I have my eye on-QMAX and RMAX which pay about 10%. ZWC pays about 6%. I would only switch about 50% of ZWC and split it out evenly to QMAX and RMAX. I already hold a bank ETF and a Utility ETF so I think doing his would give me some additional diversification. Your thoughts please?
As a side note, many people ask about these covered call ETF's. When I bought ZWC the TSX was around 16,000. Now I am just slightly above what I paid 8 years ago and the TSX is almost double. Don't expect big growth with these vehicles however the dividends are nice.

Q: I have owned all 3 for a few years. I am wondering if I do just as well or better with moving the money to non covered call investments ? I also own ZWU which you like. Please deduct appropriate credits for a comprehensive answer. Thanks Steve

Q: Hi,

I have been trying the understand the pros and cons of covered calls and options ETFs by looking at previous questions on the subject. I spent considerable time on the matter and I am more confused than ever.

Would you be kind enough to summarize your views on the matter and, if you are really positive about it, please provide a list of the best ETFs suitable for a strong growth investor.

Gratefully,

Jacques IDS