skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. BKCL: How would you compare Hmax and BKCL ? [Global X Enhanced Equal Weight Canadian Banks Covered Call ETF]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

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

Q: How would you compare Hmax and BKCL ?
Asked by terrance on February 16, 2024
5i Research Answer:

The main difference is that BKCL uses 1.25X leverage and HMAX does not. Leverage of course works both ways, and can enhanced returns but also amplify risks. Also HMAX focuses on 'in the money' call options which can enhance yield at the risk of lower capital gains in a sector rally. 

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