Top Canadian Covered Call ETFs With Highest Dividends
<p>Originally posted by <a rel="nofollow" href="https://forexcryptohub.com/about-forex-rank/">Forex Crypto Hub</a></p>
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<style>/*! elementor – v3.16.0 – 09-10-2023 */
.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}</style> <p>Covered Call <a href="https://forexcryptohub.com/category/etfs/">Exchange-Traded Funds (ETFs)</a> have gained popularity among investors seeking income generation and risk mitigation. These funds employ a strategy where the ETF holds a portfolio of stocks and sells call options on those stocks to generate additional income. This article/Guide delves into the top Canadian Covered Call ETFs, Covered call lists, highest yielding covered call ETFs and the pros and cons. </p><p><span>Complete Canadian covered call ETF GUIDE for October 2023.</span></p> </div>
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<ul><li>Covered Call ETF List</li><li>Highest Yield Covered Call ETF Canada</li><li>List of BMO Covered Call ETFs</li><li>Most Popular Covered Call ETFs</li><li>Covered Call ETFs Pros and Cons</li><li>What is a Covered Call ETF</li></ul> </div>
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<h2>Covered Call ETF List</h2> </div>
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<table dir="ltr" border="1" cellspacing="0" cellpadding="0"><colgroup><col width="106" /><col width="100" /><col width="288" /><col width="100" /></colgroup><tbody><tr><td data-sheets-value="{"1":2,"2":"Symbol"}"><strong>Symbol</strong></td><td data-sheets-value="{"1":2,"2":"Last Price"}"><strong>Last Price</strong></td><td data-sheets-value="{"1":2,"2":"Company Name"}"><strong>Company Name</strong></td><td data-sheets-value="{"1":2,"2":"Forward Annual Div Yield"}"><strong>Forward Annual Div Yield</strong></td></tr><tr><td data-sheets-value="{"1":2,"2":"CGXF.TO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/CGXF.TO?p=CGXF.TO"><a href="https://finance.yahoo.com/quote/CGXF.TO?p=CGXF.TO" target="_blank" rel="noopener">CGXF.TO</a></td><td data-sheets-value="{"1":3,"3":9.89}">9.89</td><td data-sheets-value="{"1":2,"2":"CI Gold+ Giants Covered Call ETF"}">CI Gold+ Giants Covered Call ETF</td><td data-sheets-value="{"1":3,"3":0.1018}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">10.18%</td></tr><tr><td data-sheets-value="{"1":2,"2":"CIC.TO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/CIC.TO?p=CIC.TO"><a href="https://finance.yahoo.com/quote/CIC.TO?p=CIC.TO" target="_blank" rel="noopener">CIC.TO</a></td><td data-sheets-value="{"1":3,"3":9.66}">9.66</td><td data-sheets-value="{"1":2,"2":"CI Canadian Banks Covered Call Income Class ETF"}">CI Canadian Banks Covered Call Income Class ETF</td><td data-sheets-value="{"1":3,"3":0.0853}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">8.53%</td></tr><tr><td data-sheets-value="{"1":2,"2":"ENCC.TO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/ENCC.TO?p=ENCC.TO"><a href="https://finance.yahoo.com/quote/ENCC.TO?p=ENCC.TO" target="_blank" rel="noopener">ENCC.TO</a></td><td data-sheets-value="{"1":3,"3":11.27}">11.27</td><td data-sheets-value="{"1":2,"2":"Horizons Canadian Oil and Gas Equity Covered Call ETF"}">Horizons Canadian Oil and Gas Equity Covered Call ETF</td><td data-sheets-value="{"1":2,"2":"-"}">–</td></tr><tr><td data-sheets-value="{"1":2,"2":"HDIV.TO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/HDIV.TO?p=HDIV.TO"><a href="https://finance.yahoo.com/quote/HDIV.TO?p=HDIV.TO" target="_blank" rel="noopener">HDIV.TO</a></td><td data-sheets-value="{"1":3,"3":14.94}">14.94</td><td data-sheets-value="{"1":2,"2":"Hamilton Enhanced Multi-Sector Covered Call ETF"}">Hamilton Enhanced Multi-Sector Covered Call ETF</td><td data-sheets-value="{"1":3,"3":0.1097}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">10.97%</td></tr><tr><td data-sheets-value="{"1":2,"2":"HEP.TO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/HEP.TO?p=HEP.TO"><a href="https://finance.yahoo.com/quote/HEP.TO?p=HEP.TO" target="_blank" rel="noopener">HEP.TO</a></td><td data-sheets-value="{"1":3,"3":25.18}">25.18</td><td data-sheets-value="{"1":2,"2":"Horizons Gold Producer Equity Covered Call ETF"}">Horizons Gold Producer Equity Covered Call ETF</td><td data-sheets-value="{"1":3,"3":0.0682}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">6.82%</td></tr><tr><td data-sheets-value="{"1":2,"2":"HYLD.TO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/HYLD.TO?p=HYLD.TO"><a href="https://finance.yahoo.com/quote/HYLD.TO?p=HYLD.TO" target="_blank" rel="noopener">HYLD.TO</a></td><td data-sheets-value="{"1":3,"3":11.78}">11.78</td><td data-sheets-value="{"1":2,"2":"Hamilton Enhanced U.S. Covered Call ETF"}">Hamilton Enhanced U.S. Covered Call ETF</td><td data-sheets-value="{"1":3,"3":0.134}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">13.40%</td></tr><tr><td data-sheets-value="{"1":2,"2":"NXF.TO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/NXF.TO?p=NXF.TO"><a href="https://finance.yahoo.com/quote/NXF.TO?p=NXF.TO" target="_blank" rel="noopener">NXF.TO</a></td><td data-sheets-value="{"1":3,"3":6.47}">6.47</td><td data-sheets-value="{"1":2,"2":"CI Energy Giants Covered Call ETF"}">CI Energy Giants Covered Call ETF</td><td data-sheets-value="{"1":3,"3":0.0923}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">9.23%</td></tr><tr><td data-sheets-value="{"1":2,"2":"QYLD"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/QYLD?p=QYLD"><a href="https://finance.yahoo.com/quote/QYLD?p=QYLD" target="_blank" rel="noopener">QYLD</a></td><td data-sheets-value="{"1":3,"3":17.13}">17.13</td><td data-sheets-value="{"1":2,"2":"Global X NASDAQ 100 Covered Call ETF"}">Global X NASDAQ 100 Covered Call ETF</td><td data-sheets-value="{"1":3,"3":0.1214}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">12.14%</td></tr><tr><td data-sheets-value="{"1":2,"2":"RCDC.TO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/RCDC.TO?p=RCDC.TO"><a href="https://finance.yahoo.com/quote/RCDC.TO?p=RCDC.TO" target="_blank" rel="noopener">RCDC.TO</a></td><td data-sheets-value="{"1":3,"3":18.33}">18.33</td><td data-sheets-value="{"1":2,"2":"RBC Canadian Dividend Covered Call ETF"}">RBC Canadian Dividend Covered Call ETF</td><td data-sheets-value="{"1":2,"2":"-"}">–</td></tr><tr><td data-sheets-value="{"1":2,"2":"RYLD"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/RYLD?p=RYLD"><a href="https://finance.yahoo.com/quote/RYLD?p=RYLD" target="_blank" rel="noopener">RYLD</a></td><td data-sheets-value="{"1":3,"3":16.52}">16.52</td><td data-sheets-value="{"1":2,"2":"Global X Russell 2000 Covered Call ETF"}">Global X Russell 2000 Covered Call ETF</td><td data-sheets-value="{"1":3,"3":0.1191}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">11.91%</td></tr><tr><td data-sheets-value="{"1":2,"2":"SLVO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/SLVO?p=SLVO"><a href="https://finance.yahoo.com/quote/SLVO?p=SLVO" target="_blank" rel="noopener">SLVO</a></td><td data-sheets-value="{"1":3,"3":70.76}">70.76</td><td data-sheets-value="{"1":2,"2":"Credit Suisse X-Links Silver Shares Covered Call ETN"}">Credit Suisse X-Links Silver Shares Covered Call ETN</td><td data-sheets-value="{"1":3,"3":0.2261}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">22.61%</td></tr><tr><td data-sheets-value="{"1":2,"2":"TXF.TO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/TXF.TO?p=TXF.TO"><a href="https://finance.yahoo.com/quote/TXF.TO?p=TXF.TO" target="_blank" rel="noopener">TXF.TO</a></td><td data-sheets-value="{"1":3,"3":17.12}">17.12</td><td data-sheets-value="{"1":2,"2":"CI Tech Giants Covered Call ETF"}">CI Tech Giants Covered Call ETF</td><td data-sheets-value="{"1":3,"3":0.0913}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">9.13%</td></tr><tr><td data-sheets-value="{"1":2,"2":"USCC.TO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/USCC.TO?p=USCC.TO"><a href="https://finance.yahoo.com/quote/USCC.TO?p=USCC.TO" target="_blank" rel="noopener">USCC.TO</a></td><td data-sheets-value="{"1":3,"3":16.78}">16.78</td><td data-sheets-value="{"1":2,"2":"Horizons US Large Cap Equity Covered Call ETF"}">Horizons US Large Cap Equity Covered Call ETF</td><td data-sheets-value="{"1":2,"2":"-"}">–</td></tr><tr><td data-sheets-value="{"1":2,"2":"USOI"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/USOI?p=USOI"><a href="https://finance.yahoo.com/quote/USOI?p=USOI" target="_blank" rel="noopener">USOI</a></td><td data-sheets-value="{"1":3,"3":82.82}">82.82</td><td data-sheets-value="{"1":2,"2":"Credit Suisse X-Links Crude Oil Shares Covered Call ETNs"}">Credit Suisse X-Links Crude Oil Shares Covered Call ETNs</td><td data-sheets-value="{"1":3,"3":0.2403}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">24.03%</td></tr><tr><td data-sheets-value="{"1":2,"2":"XYLD"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/XYLD?p=XYLD"><a href="https://finance.yahoo.com/quote/XYLD?p=XYLD" target="_blank" rel="noopener">XYLD</a></td><td data-sheets-value="{"1":3,"3":39.31}">39.31</td><td data-sheets-value="{"1":2,"2":"Global X S&P 500 Covered Call ETF"}">Global X S&P 500 Covered Call ETF</td><td data-sheets-value="{"1":3,"3":0.1131}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">11.31%</td></tr><tr><td data-sheets-value="{"1":2,"2":"ZWA.TO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/ZWA.TO?p=ZWA.TO"><a href="https://finance.yahoo.com/quote/ZWA.TO?p=ZWA.TO" target="_blank" rel="noopener">ZWA.TO</a></td><td data-sheets-value="{"1":3,"3":23.32}">23.32</td><td data-sheets-value="{"1":2,"2":"BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF"}">BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF</td><td data-sheets-value="{"1":3,"3":0.0671}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">6.71%</td></tr><tr><td data-sheets-value="{"1":2,"2":"ZWB.TO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/ZWB.TO?p=ZWB.TO"><a href="https://finance.yahoo.com/quote/ZWB.TO?p=ZWB.TO" target="_blank" rel="noopener">ZWB.TO</a></td><td data-sheets-value="{"1":3,"3":16.22}">16.22</td><td data-sheets-value="{"1":2,"2":"BMO Covered Call Canadian Banks ETF"}">BMO Covered Call Canadian Banks ETF</td><td data-sheets-value="{"1":3,"3":0.0817}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">8.17%</td></tr><tr><td data-sheets-value="{"1":2,"2":"ZWC.TO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/ZWC.TO?p=ZWC.TO"><a href="https://finance.yahoo.com/quote/ZWC.TO?p=ZWC.TO" target="_blank" rel="noopener">ZWC.TO</a></td><td data-sheets-value="{"1":3,"3":16.09}">16.09</td><td data-sheets-value="{"1":2,"2":"BMO CA High Dividend Covered Call ETF"}">BMO CA High Dividend Covered Call ETF</td><td data-sheets-value="{"1":3,"3":0.0803}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">8.03%</td></tr><tr><td data-sheets-value="{"1":2,"2":"ZWE.TO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/ZWE.TO?p=ZWE.TO"><a href="https://finance.yahoo.com/quote/ZWE.TO?p=ZWE.TO" target="_blank" rel="noopener">ZWE.TO</a></td><td data-sheets-value="{"1":3,"3":19.3}">19.3</td><td data-sheets-value="{"1":2,"2":"BMO Europe High Dividend Covered Call Hedged to CAD ETF"}">BMO Europe High Dividend Covered Call Hedged to CAD ETF</td><td data-sheets-value="{"1":3,"3":0.0733}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">7.33%</td></tr><tr><td data-sheets-value="{"1":2,"2":"ZWEN.TO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/ZWEN.TO?p=ZWEN.TO"><a href="https://finance.yahoo.com/quote/ZWEN.TO?p=ZWEN.TO" target="_blank" rel="noopener">ZWEN.TO</a></td><td data-sheets-value="{"1":3,"3":29.99}">29.99</td><td data-sheets-value="{"1":2,"2":"BMO Covered Call Energy ETF"}">BMO Covered Call Energy ETF</td><td data-sheets-value="{"1":2,"2":"-"}">–</td></tr><tr><td data-sheets-value="{"1":2,"2":"ZWG.TO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/ZWG.TO?p=ZWG.TO"><a href="https://finance.yahoo.com/quote/ZWG.TO?p=ZWG.TO" target="_blank" rel="noopener">ZWG.TO</a></td><td data-sheets-value="{"1":3,"3":27.36}">27.36</td><td data-sheets-value="{"1":2,"2":"BMO Global High Dividend Covered Call ETF"}">BMO Global High Dividend Covered Call ETF</td><td data-sheets-value="{"1":3,"3":0.0766}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">7.66%</td></tr><tr><td data-sheets-value="{"1":2,"2":"ZWHC.TO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/ZWHC.TO?p=ZWHC.TO"><a href="https://finance.yahoo.com/quote/ZWHC.TO?p=ZWHC.TO" target="_blank" rel="noopener">ZWHC.TO</a></td><td data-sheets-value="{"1":3,"3":27.96}">27.96</td><td data-sheets-value="{"1":2,"2":"BMO Covered Call Health Care ETF"}">BMO Covered Call Health Care ETF</td><td data-sheets-value="{"1":2,"2":"-"}">–</td></tr><tr><td data-sheets-value="{"1":2,"2":"ZWK.TO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/ZWK.TO?p=ZWK.TO"><a href="https://finance.yahoo.com/quote/ZWK.TO?p=ZWK.TO" target="_blank" rel="noopener">ZWK.TO</a></td><td data-sheets-value="{"1":3,"3":16.65}">16.65</td><td data-sheets-value="{"1":2,"2":"BMO Covered Call US Banks ETF"}">BMO Covered Call US Banks ETF</td><td data-sheets-value="{"1":3,"3":0.1194}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">11.94%</td></tr><tr><td data-sheets-value="{"1":2,"2":"ZWU.TO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/ZWU.TO?p=ZWU.TO"><a href="https://finance.yahoo.com/quote/ZWU.TO?p=ZWU.TO" target="_blank" rel="noopener">ZWU.TO</a></td><td data-sheets-value="{"1":3,"3":9.74}">9.74</td><td data-sheets-value="{"1":2,"2":"BMO Covered Call Utilities ETF"}">BMO Covered Call Utilities ETF</td><td data-sheets-value="{"1":3,"3":0.0938}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">9.38%</td></tr></tbody></table> </div>
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<h2>Highest Yield Covered Call ETF Canada</h2> </div>
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<p>The highest-yield Covered Call ETF by considering the distribution yield of various funds. The yield is a key metric that reflects the income generated by the ETF’s covered call strategy.</p><p>The highest yield covered call <a href="https://forexcryptohub.com/monthly-canadian-dividend-stocks/">ETFs in Canada</a> are listed below:</p> </div>
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<table dir="ltr" border="1" cellspacing="0" cellpadding="0"><colgroup> <col width="106" /> <col width="100" /> <col width="288" /> <col width="100" /></colgroup><tbody><tr><td data-sheets-value="{"1":2,"2":"Symbol"}"><strong>Symbol</strong></td><td data-sheets-value="{"1":2,"2":"Last Price"}"><strong>Last Price</strong></td><td data-sheets-value="{"1":2,"2":"Company Name"}"><strong>Company Name</strong></td><td data-sheets-value="{"1":2,"2":"Forward Annual Div Yield"}"><strong>Forward Annual Div Yield</strong></td></tr><tr><td data-sheets-value="{"1":2,"2":"USOI"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/USOI?p=USOI"><a href="https://finance.yahoo.com/quote/USOI?p=USOI" target="_blank" rel="noopener">USOI</a></td><td data-sheets-value="{"1":3,"3":82.82}">82.82</td><td data-sheets-value="{"1":2,"2":"Credit Suisse X-Links Crude Oil Shares Covered Call ETNs"}">Credit Suisse X-Links Crude Oil Shares Covered Call ETNs</td><td data-sheets-value="{"1":3,"3":0.2403}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">24.03%</td></tr><tr><td data-sheets-value="{"1":2,"2":"SLVO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/SLVO?p=SLVO"><a href="https://finance.yahoo.com/quote/SLVO?p=SLVO" target="_blank" rel="noopener">SLVO</a></td><td data-sheets-value="{"1":3,"3":70.76}">70.76</td><td data-sheets-value="{"1":2,"2":"Credit Suisse X-Links Silver Shares Covered Call ETN"}">Credit Suisse X-Links Silver Shares Covered Call ETN</td><td data-sheets-value="{"1":3,"3":0.2261}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">22.61%</td></tr><tr><td data-sheets-value="{"1":2,"2":"HYLD.TO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/HYLD.TO?p=HYLD.TO"><a href="https://finance.yahoo.com/quote/HYLD.TO?p=HYLD.TO" target="_blank" rel="noopener">HYLD.TO</a></td><td data-sheets-value="{"1":3,"3":11.78}">11.78</td><td data-sheets-value="{"1":2,"2":"Hamilton Enhanced U.S. Covered Call ETF"}">Hamilton Enhanced U.S. Covered Call ETF</td><td data-sheets-value="{"1":3,"3":0.134}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">13.40%</td></tr><tr><td data-sheets-value="{"1":2,"2":"QYLD"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/QYLD?p=QYLD"><a href="https://finance.yahoo.com/quote/QYLD?p=QYLD" target="_blank" rel="noopener">QYLD</a></td><td data-sheets-value="{"1":3,"3":17.13}">17.13</td><td data-sheets-value="{"1":2,"2":"Global X NASDAQ 100 Covered Call ETF"}">Global X NASDAQ 100 Covered Call ETF</td><td data-sheets-value="{"1":3,"3":0.1214}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">12.14%</td></tr><tr><td data-sheets-value="{"1":2,"2":"ZWK.TO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/ZWK.TO?p=ZWK.TO"><a href="https://finance.yahoo.com/quote/ZWK.TO?p=ZWK.TO" target="_blank" rel="noopener">ZWK.TO</a></td><td data-sheets-value="{"1":3,"3":16.65}">16.65</td><td data-sheets-value="{"1":2,"2":"BMO Covered Call US Banks ETF"}">BMO Covered Call US Banks ETF</td><td data-sheets-value="{"1":3,"3":0.1194}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">11.94%</td></tr><tr><td data-sheets-value="{"1":2,"2":"RYLD"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/RYLD?p=RYLD"><a href="https://finance.yahoo.com/quote/RYLD?p=RYLD" target="_blank" rel="noopener">RYLD</a></td><td data-sheets-value="{"1":3,"3":16.52}">16.52</td><td data-sheets-value="{"1":2,"2":"Global X Russell 2000 Covered Call ETF"}">Global X Russell 2000 Covered Call ETF</td><td data-sheets-value="{"1":3,"3":0.1191}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">11.91%</td></tr><tr><td data-sheets-value="{"1":2,"2":"XYLD"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/XYLD?p=XYLD"><a href="https://finance.yahoo.com/quote/XYLD?p=XYLD" target="_blank" rel="noopener">XYLD</a></td><td data-sheets-value="{"1":3,"3":39.31}">39.31</td><td data-sheets-value="{"1":2,"2":"Global X S&P 500 Covered Call ETF"}">Global X S&P 500 Covered Call ETF</td><td data-sheets-value="{"1":3,"3":0.1131}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">11.31%</td></tr><tr><td data-sheets-value="{"1":2,"2":"HDIV.TO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/HDIV.TO?p=HDIV.TO"><a href="https://finance.yahoo.com/quote/HDIV.TO?p=HDIV.TO" target="_blank" rel="noopener">HDIV.TO</a></td><td data-sheets-value="{"1":3,"3":14.94}">14.94</td><td data-sheets-value="{"1":2,"2":"Hamilton Enhanced Multi-Sector Covered Call ETF"}">Hamilton Enhanced Multi-Sector Covered Call ETF</td><td data-sheets-value="{"1":3,"3":0.1097}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">10.97%</td></tr><tr><td data-sheets-value="{"1":2,"2":"CGXF.TO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/CGXF.TO?p=CGXF.TO"><a href="https://finance.yahoo.com/quote/CGXF.TO?p=CGXF.TO" target="_blank" rel="noopener">CGXF.TO</a></td><td data-sheets-value="{"1":3,"3":9.89}">9.89</td><td data-sheets-value="{"1":2,"2":"CI Gold+ Giants Covered Call ETF"}">CI Gold+ Giants Covered Call ETF</td><td data-sheets-value="{"1":3,"3":0.1018}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">10.18%</td></tr></tbody></table> </div>
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<h2>List of BMO Covered Call ETFs</h2> </div>
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<ol><li><p><strong>BMO Covered Call Canadian Banks ETF (ZWB):</strong> This ETF aims to provide exposure to the Canadian banking sector while generating covered call option premiums.</p></li><li><p><strong>BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF (ZWA):</strong> This ETF provides exposure to the Dow Jones Industrial Average while incorporating a covered call strategy.</p></li><li><p><strong>BMO Covered Call US High Dividend ETF (ZWH):</strong> This ETF seeks to replicate the performance of a portfolio of U.S. high dividend stocks while writing covered call options on up to 33% of the portfolio securities.</p></li><li><p><strong>BMO Covered Call Technology ETF (ZWU):</strong> This ETF focuses on providing exposure to the technology sector while employing a covered call strategy to enhance income.</p></li><li><p><strong>BMO Covered Call Utilities ETF (ZWU):</strong> This ETF aims to deliver returns that closely correspond to the performance of the S&P/TSX Capped Utilities Index while utilizing a covered call strategy.</p></li></ol><table dir="ltr" border="1" cellspacing="0" cellpadding="0"><colgroup><col width="106" /><col width="100" /><col width="288" /><col width="100" /></colgroup><tbody><tr><td data-sheets-value="{"1":2,"2":"Symbol"}"><strong>Symbol</strong></td><td data-sheets-value="{"1":2,"2":"Last Price"}"><strong>Last Price</strong></td><td data-sheets-value="{"1":2,"2":"Company Name"}"><strong>Company Name</strong></td><td data-sheets-value="{"1":2,"2":"Forward Annual Div Yield"}"><strong>Forward Annual Div Yield</strong></td></tr><tr><td data-sheets-value="{"1":2,"2":"ZWA.TO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/ZWA.TO?p=ZWA.TO"><a href="https://finance.yahoo.com/quote/ZWA.TO?p=ZWA.TO" target="_blank" rel="noopener">ZWA.TO</a></td><td data-sheets-value="{"1":3,"3":23.32}">23.32</td><td data-sheets-value="{"1":2,"2":"BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF"}">BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF</td><td data-sheets-value="{"1":3,"3":0.0671}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">6.71%</td></tr><tr><td data-sheets-value="{"1":2,"2":"ZWB.TO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/ZWB.TO?p=ZWB.TO"><a href="https://finance.yahoo.com/quote/ZWB.TO?p=ZWB.TO" target="_blank" rel="noopener">ZWB.TO</a></td><td data-sheets-value="{"1":3,"3":16.22}">16.22</td><td data-sheets-value="{"1":2,"2":"BMO Covered Call Canadian Banks ETF"}">BMO Covered Call Canadian Banks ETF</td><td data-sheets-value="{"1":3,"3":0.0817}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">8.17%</td></tr><tr><td data-sheets-value="{"1":2,"2":"ZWC.TO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/ZWC.TO?p=ZWC.TO"><a href="https://finance.yahoo.com/quote/ZWC.TO?p=ZWC.TO" target="_blank" rel="noopener">ZWC.TO</a></td><td data-sheets-value="{"1":3,"3":16.09}">16.09</td><td data-sheets-value="{"1":2,"2":"BMO CA High Dividend Covered Call ETF"}">BMO CA High Dividend Covered Call ETF</td><td data-sheets-value="{"1":3,"3":0.0803}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">8.03%</td></tr><tr><td data-sheets-value="{"1":2,"2":"ZWE.TO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/ZWE.TO?p=ZWE.TO"><a href="https://finance.yahoo.com/quote/ZWE.TO?p=ZWE.TO" target="_blank" rel="noopener">ZWE.TO</a></td><td data-sheets-value="{"1":3,"3":19.3}">19.3</td><td data-sheets-value="{"1":2,"2":"BMO Europe High Dividend Covered Call Hedged to CAD ETF"}">BMO Europe High Dividend Covered Call Hedged to CAD ETF</td><td data-sheets-value="{"1":3,"3":0.0733}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">7.33%</td></tr><tr><td data-sheets-value="{"1":2,"2":"ZWEN.TO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/ZWEN.TO?p=ZWEN.TO"><a href="https://finance.yahoo.com/quote/ZWEN.TO?p=ZWEN.TO" target="_blank" rel="noopener">ZWEN.TO</a></td><td data-sheets-value="{"1":3,"3":29.99}">29.99</td><td data-sheets-value="{"1":2,"2":"BMO Covered Call Energy ETF"}">BMO Covered Call Energy ETF</td><td data-sheets-value="{"1":2,"2":"-"}">–</td></tr><tr><td data-sheets-value="{"1":2,"2":"ZWG.TO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/ZWG.TO?p=ZWG.TO"><a href="https://finance.yahoo.com/quote/ZWG.TO?p=ZWG.TO" target="_blank" rel="noopener">ZWG.TO</a></td><td data-sheets-value="{"1":3,"3":27.36}">27.36</td><td data-sheets-value="{"1":2,"2":"BMO Global High Dividend Covered Call ETF"}">BMO Global High Dividend Covered Call ETF</td><td data-sheets-value="{"1":3,"3":0.0766}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">7.66%</td></tr><tr><td data-sheets-value="{"1":2,"2":"ZWHC.TO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/ZWHC.TO?p=ZWHC.TO"><a href="https://finance.yahoo.com/quote/ZWHC.TO?p=ZWHC.TO" target="_blank" rel="noopener">ZWHC.TO</a></td><td data-sheets-value="{"1":3,"3":27.96}">27.96</td><td data-sheets-value="{"1":2,"2":"BMO Covered Call Health Care ETF"}">BMO Covered Call Health Care ETF</td><td data-sheets-value="{"1":2,"2":"-"}">–</td></tr><tr><td data-sheets-value="{"1":2,"2":"ZWK.TO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/ZWK.TO?p=ZWK.TO"><a href="https://finance.yahoo.com/quote/ZWK.TO?p=ZWK.TO" target="_blank" rel="noopener">ZWK.TO</a></td><td data-sheets-value="{"1":3,"3":16.65}">16.65</td><td data-sheets-value="{"1":2,"2":"BMO Covered Call US Banks ETF"}">BMO Covered Call US Banks ETF</td><td data-sheets-value="{"1":3,"3":0.1194}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">11.94%</td></tr><tr><td data-sheets-value="{"1":2,"2":"ZWU.TO"}" data-sheets-hyperlink="https://finance.yahoo.com/quote/ZWU.TO?p=ZWU.TO"><a href="https://finance.yahoo.com/quote/ZWU.TO?p=ZWU.TO" target="_blank" rel="noopener">ZWU.TO</a></td><td data-sheets-value="{"1":3,"3":9.74}">9.74</td><td data-sheets-value="{"1":2,"2":"BMO Covered Call Utilities ETF"}">BMO Covered Call Utilities ETF</td><td data-sheets-value="{"1":3,"3":0.0938}" data-sheets-numberformat="{"1":3,"2":"0.00%","3":1}">9.38%</td></tr></tbody></table> </div>
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<h2>Most Popular Covered Call ETFs</h2> </div>
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<img width="200" height="100" decoding="async" src="https://forexcryptohub.com/wp-content/uploads/elementor/thumbs/BMO-InvestorLine-adviceDirect-logo-394×222-1-p07vtlwye2qipj18jd0chwf9tzl9tmbs630wvw13vs.png" title="BMO-InvestorLine-adviceDirect-logo-394×222" alt="BMO-InvestorLine-adviceDirect-logo-394×222" loading="lazy" /> <figcaption>BMO</figcaption>
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<h2>ETF Name: BMO Covered Call Utilities ETF</h2> </div>
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<p>BMO Covered Call Utilities ETF has been designed to provide exposure to an equal weight portfolio of utilities, telecoms and pipeline companies, while earning call option premiums. The call options are written out of the money, selected based on the option’s implied volatility, and are written in proportion to the securities weight. The option premium provides limited downside protection</p> </div>
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<a href="https://www.bmogam.com/ca-en/products/exchange-traded-fund/bmo-equal-weight-banks-index-etf-zeb/">
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<span>Website</span>
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<p><strong> Forward Annual Div Yield: 9.38</strong>%</p> </div>
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<p><strong>Ticker Symbol: ZWU.TO</strong></p> </div>
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<style>/*! elementor – v3.16.0 – 09-10-2023 */
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<div>Our Rating:</div>
<div title="5/5" itemtype="http://schema.org/Rating" itemscope="" itemprop="reviewRating"><i>★</i><i>★</i><i>★</i><i>★</i><i>★</i> <span itemprop="ratingValue">5/5</span></div> </div>
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<img decoding="async" src="https://media.licdn.com/dms/image/C4E0BAQFqzz1OB0baAw/company-logo_200_200/0/1576764043303?e=2147483647&v=beta&t=gRqraenxNqmKRjIk8NTMQl4B1l1hLw8Kzx3WAwAwFnQ" title="" alt="" loading="lazy" /> <figcaption>Hamilton ETFs</figcaption>
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<h2>ETF Name: Hamilton Enhanced U.S. Covered Call ETF</h2> </div>
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<p>Portfolio of U.S. equity covered call ETFs with overall sector mix broadly similar to the S&P 500. The fund seeks to provide attractive monthly income and long-term capital appreciation from a diversified, multi-sector portfolio of primarily covered call ETFs, primarily focused on the U.S.</p> </div>
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<a href="https://hamiltonetfs.com/etf/hyld/?gad_source=1&gclid=Cj0KCQjwm66pBhDQARIsALIR2zAzLOnC-WZ1CVHg30-E1QtopPcWMOgpPMhviolV-yxBcR9E7FuNZM8aAoL4EALw_wcB">
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<span>Website</span>
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<p><strong> Forward Annual Div Yield: 13.40</strong>%</p> </div>
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<p><strong>Ticker Symbol: HYLD.TO</strong></p> </div>
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<div>Our Rating:</div>
<div title="4/5" itemtype="http://schema.org/Rating" itemscope="" itemprop="reviewRating"><i>★</i><i>★</i><i>★</i><i>★</i><i>★</i> <span itemprop="ratingValue">4/5</span></div> </div>
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<img decoding="async" src="https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcRTOZ3zMY1vSpyyVTyWb3HMTqhjqK1tvP-0uw&usqp=CAU" title="" alt="" loading="lazy" /> <figcaption>Global X</figcaption>
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<h2>ETF Name: Global X NASDAQ 100 Covered Call ETF</h2> </div>
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<p>The Global X Nasdaq 100 Covered Call ETF (QYLD) follows a “covered call” or “buy-write” strategy, in which the Fund buys the stocks in the Nasdaq 100 Index and “writes” or “sells” corresponding call options on the same index.</p> </div>
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<a href="https://www.globalxetfs.com/funds/qyld/">
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<span>Website</span>
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<p><strong> Forward Annual Div Yield: 12.14</strong>%</p> </div>
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<p><strong>Ticker Symbol: QYLD</strong></p> </div>
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<div>
<div>Our Rating:</div>
<div title="5/5" itemtype="http://schema.org/Rating" itemscope="" itemprop="reviewRating"><i>★</i><i>★</i><i>★</i><i>★</i><i>★</i> <span itemprop="ratingValue">5/5</span></div> </div>
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<h2>Covered Call ETFs Pros and Cons</h2> </div>
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<p>Covered call ETFs can be a valuable component of a diversified portfolio, especially for income-oriented investors with a moderate risk tolerance. </p><p>However, it’s essential to carefully consider the trade-offs and assess whether the strategy aligns with your investment goals and risk preferences. </p><p>As with any investment decision, thorough research and, if necessary, consultation with a financial advisor are crucial for making informed choices.</p><h2>Pros of Covered Call ETFs</h2><p><span><strong>Income Generation</strong></span></p><p><strong>Pro:</strong> The primary advantage of covered call ETFs is the potential for generating regular income. By selling call options on the underlying stocks, these funds receive premiums, providing investors with additional cash flow.</p><p><span><strong>Downside Protection</strong></span></p><p><strong>Pro:</strong> Covered call strategies can act as a form of insurance against downward movements in the stock market. The premiums received from selling call options help offset potential losses in the value of the underlying stocks.</p><p><span><strong>Reduced Volatility</strong></span></p><p><strong>Pro:</strong> Covered call strategies can help manage portfolio volatility. The income from selling options can cushion the impact of market fluctuations, making these ETFs potentially less volatile than those without such strategies.</p><p><span><strong>Enhanced Yields</strong></span></p><p><strong>Pro:</strong> Investors seeking higher yields may find covered call ETFs attractive. The premiums received from selling call options supplement the dividends from the underlying stocks, leading to enhanced overall yields.</p><p><span><strong>Consistent Returns</strong></span></p><p><strong>Pro:</strong> In stable or slightly bullish markets, covered call ETFs may provide relatively consistent returns. The strategy is designed to capitalize on moderate price movements while generating income.</p><p><span><strong>Risk Mitigation</strong>&l
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