You can view 1 more answer 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 Canadian Covered Call ETF (HDIV $21.68)
- $21.68 P/E (TTM): 19.95X Cap: $1.37B
- View HDIV Profile
- View Questions on HDIV
Hamilton Enhanced U.S. Covered Call ETF (HYLD.U $15.05)
- $15.05 P/E (TTM): 28.25X Cap: $82M
- View HYLD.U Profile
- View Questions on HYLD.U

Q: These ETFs advertise on their website annualized yields of between 10.5% and 11.7% which seems very attractive using covered calls and leverage at a management fee of .65%. Do the covered calls generate that much income to increase the yield as well as the leverage? Also does the yield include a significant return of capital?

Thanks for your great service!!

Asked by Bryan on February 11, 2026

5i Research Answer:

Keep in mind these use leverage (25%) so in a bad market things will not be so rosy. But, HDIV has an indicated yield of 10.19% and a one-year total return of 34.39%. In the most recent year on the website, 40% of distributions were ROC and about 40% was capital gains. HYLD.U was 70% ROC.

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