You can view 0 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.

Hamilton Enhanced U.S. Covered Call ETF (HYLD $14.56)
- $14.56 P/E (TTM): 27.83X Cap: $979M
- View HYLD Profile
- View Questions on HYLD
RBC Canadian Dividend Covered Call ETF (RCDC $23.61)
- $23.61 P/E (TTM): 12.37X Cap: $46M
- View RCDC Profile
- View Questions on RCDC
NEOS Nasdaq 100 High Income ETF (QQQI $53.83)
- $53.83 P/E (TTM): 29.47X Cap: $8.33B
- View QQQI Profile
- View Questions on QQQI
NEOS S&P 500 High Income ETF (SPYI $52.71)
- $52.71 P/E (TTM): 25.64X Cap: $7.48B
- View SPYI Profile
- View Questions on SPYI

Q: Looking at the idea of adding covered call ETFs to add some income. Understand how they work, can you recommend a few to take a look at and maybe why?

Asked by Danielle on December 17, 2025

5i Research Answer:

HYLD is an enhanced CC fund (25% leverage) that is diversified by sector and offers a high yield. ZWU is a utilities CC fund so should be less volatile than other sectors. HDIV is also enhanced and multi-sector. RCDC is multi-sector. It is fairly small right now, but growing. QQQI is focused on the Nasdaq 100, and all of its distributions are considered return of capital, which is interesting from a tax planning viewpoint. SPYI is similar, focused on the S&P 500.

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

First Name *

Last Name *

E-mail *

Password *

I have read and agree to the Terms of Use