Q: I am looking for income replacement for BCE - I am chasing dividends. I looked at HDIV and noticed most of the 10 holdings are covered call ETFs (HMAX, AMAX, QMAX, EMAX, UMAX, RMAX, CDAY,,,).
Given the 2026 climate, is it better to have HDIV with its broader sector diversification but many covered call ETFs or pick one.
Given the 2026 climate, is it better to have HDIV with its broader sector diversification but many covered call ETFs or pick one.
5i Research Answer:
We think it is better for income investors to play it conservatively. Thus we would prefer the multi-sector HDIV than a single sector-focused fund.