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  5. ZWA: I'm interested in investing in several ETFs that use the covered call strategy to protect from downside pressure on their prices. [BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF]
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Q: I'm interested in investing in several ETFs that use the covered call strategy to protect from downside pressure on their prices. I'm attracted to the high monthly distributions that some of them pay. Understanding there are disadvantage to this strategy if the market. turns up, please suggest 4 or 5 ETFs that you believe have a good chance of holding their value or increasing it while maintaining their distributions going forward.
Asked by Les on May 17, 2023
5i Research Answer:

We would look to ZWU, XYLD, ZWC, ZWA

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