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BMO Canadian High Dividend Covered Call ETF (ZWC $18.58)
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Hamilton Enhanced Multi-Sector Covered Call ETF (HDIV $18.00)
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Hamilton Canadian Financials YIELD MAXIMIZER TM ETF (HMAX $14.46)
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NEOS S&P 500 High Income ETF (SPYI $50.73)
Q: Hi,
If you had to choose between the two for "total return" in the present economic environment, which of the two would you choose?
Do you have any other suggestion for covered call income that you would prefer over these two?
Regards
If you had to choose between the two for "total return" in the present economic environment, which of the two would you choose?
Do you have any other suggestion for covered call income that you would prefer over these two?
Regards
5i Research Answer:
HMAX has a better recent performance, but we would still side with ZWC, as it is far more diversified than HMAX, which focuses on financial sector stocks only. HDIV we think can also be suggested, but it does use 25% leverage. We think SPYI is also attractive for US exposure and high income.