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BMO Equal Weight Utilities Index ETF (ZUT $24.21)
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Hamilton Utilities YIELD MAXIMIZER TM ETF (UMAX $13.54)
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Evolve Canadian Utilities Enhanced Yield Index Fund (UTES $9.43)
Q: UMAX = covered call, UTES= covered call + 1,25% leverage. In a downtrend, UTES would probably go down around 25% more than umax (ex -10% vs -12,5%...) and ZUT.Since the markets are presently high +the economics, do you believe that there could be a significant probability of a downtrend in 2025 and in such case ,would it be safer to sell UTES for ZUT now (or another stock), in order to reduce the risk ?