All funds All covered call ETFs

Best covered call ETFs in Canada

A covered call ETF holds stocks and sells call options on them. The option premiums are paid out as a high monthly distribution. The price of that income is upside: when the stocks rally past the strike, the fund keeps only part of the gain.

A high yield alone says little. Some funds pay it out of real premiums and dividends; others hand back your own capital while the unit price drifts down. This list ranks every covered call ETF listed in Canada by whether its payout has lasted and its units have held their value.

On our Income Durability Score, the top 3 are BANK (90), HMAX (87) and DXQ (85), out of 260 funds from 21 providers.

Ranked by score, out of 100. Click a column heading to sort; funds marked “new” are too young to score and always come last. For more filters, use the full fund list.

Ticker ⇅	Fund	Type	Score ▼	Yield ⇅	1-yr return ⇅	Fee ⇅	Worst drop ⇅	Risk rating ⇅	Liquidity ⇅
BANK	Evolve Canadian Banks and Lifecos Enhanced Yield Index	Enhanced 1.25x	90	16.1%	+38.6%	0.82%	-20.2%	Med–high	Very high
HMAX	Hamilton Canadian Financials YIELD MAXIMIZER™	Sector	87	11.6%	+24.5%	0.77%	-13.2%	Medium	Very high
DXQ	Dynamic Active Enhanced Yield Covered Options	Index	85	8.5%	+5.7%	0.71%	-8.3%	Low–med	Very high
QQCC	Global X Nasdaq-100 Covered Call	Index	85	11.8%	+9.7%	0.86%	-26.6%	Medium	High
ECHI	Ninepoint Enhanced Canadian HighShares	Fund-of-funds 1.25x	85	16.3%	+19.5%	1.88%	-3.8%	Medium	Very high
BKCC	Global X Equal Weight Canadian Bank Covered Call	Sector	84	9.0%	+29.7%	0.46%	-28.8%	Medium	High
QQCL	Global X Enhanced Nasdaq-100 Covered Call	Enhanced 1.25x	84	15.3%	+11.3%	1.71%	-15.8%	High	Very high
QQQY	Evolve NASDAQ Technology Enhanced Yield Index	Sector	84	14.6%	+6.7%	0.72%	-13.7%	Med–high	Medium
HUTL	Harvest Utilities Leaders Income	Sector	84	8.2%	+9.7%	0.64%	-20.9%	Medium	High
HHIC	Harvest Canadian High Income Shares	Enhanced 1.25x	84	18.1%	+15.2%	1.45%	-4.2%	Medium	Very high
HDIV	Hamilton Enhanced Canadian Covered Call	Fund-of-funds 1.25x	84	10.1%	+21.2%	0.97%	-19.4%	Medium	Very high
SMAX	Hamilton U.S. Equity YIELD MAXIMIZER™	Index	83	11.1%	+14.2%	0.76%	-13.6%	Medium	Medium
HDIF	Harvest Diversified Monthly Income	Fund-of-funds 1.25x	83	11.7%	+15.1%	2.08%	-20.8%	Medium	High
EBNK	Evolve European Banks Enhanced Yield	Sector	83	10.6%	+19.8%	0.87%	-20.1%	High	Medium
HYLD	Hamilton Enhanced U.S. Covered Call	Fund-of-funds 1.25x	83	13.3%	+11.8%	1.87%	-29.8%	Medium	Very high
JEPQ	JPMorgan Nasdaq Equity Premium Income Active	Index	83	12.2%	+7.6%	0.39%	-13.0%	n/a	Very high
FEPY	Fidelity Equity Premium Yield	Index	83	9.8%	+13.1%	0.44%	-12.2%	Medium	Medium
CDAY	Hamilton Enhanced Canadian Equity DayMAX™	Enhanced 1.25x	82	18.6%	+26.3%	1.04%	-3.8%	Medium	Medium
PDIV	Purpose Enhanced Dividend	Index	82	11.7%	+12.8%	0.79%	-26.0%	Low–med	Medium
ZWB	BMO Covered Call Canadian Banks	Sector	82	6.6%	+35.2%	0.72%	-24.7%	Medium	Very high
BMAX	Brompton Enhanced Multi-Asset Income	Fund-of-funds 1.33x	82	10.9%	+7.8%	1.17%	-6.3%	Medium	Medium
TXF	CI Tech Giants Covered Call	Sector	82	14.0%	+11.6%	0.71%	-38.3%	Med–high	High
ETSX	Evolve S&P/TSX 60 Enhanced Yield	Index	82	9.1%	+15.1%	0.68%	-7.9%	Medium	Low
USCC	Global X S&P 500 Covered Call	Index	82	9.7%	+12.5%	0.47%	-15.8%	Medium	Medium
BKCL	Global X Enhanced Equal Weight Canadian Banks Covered Call	Enhanced 1.25x	81	11.3%	+37.0%	1.51%	-15.2%	Med–high	High
ZPAY	BMO Premium Yield	Index	81	6.9%	+12.7%	0.71%	-11.5%	Low–med	High
ENCC	Global X Canadian Oil and Gas Equity Covered Call	Sector	81	11.7%	+25.5%	0.76%	-86.6%	High	Very high
HLIF	Harvest Canadian Dividend Leaders Income	Index	81	6.5%	+23.0%	0.79%	-10.1%	Medium	Medium
ESPX	Evolve S&P 500® Enhanced Yield	Index	80	10.8%	+7.1%	0.66%	-9.0%	Medium	Low
RCDC	RBC Canadian Dividend Covered Call	Index	80	6.7%	+21.2%	0.73%	-8.5%	Medium	Medium
BGIE	Brompton Global Infrastructure	Sector	80	6.4%	+3.7%	0.85%	-13.8%	Medium	Medium
QQCI	Invesco NASDAQ 100 Income Advantage	Index	80	10.3%	+10.6%	0.21%	-12.5%	Medium	Medium
USCL	Global X Enhanced S&P 500 Covered Call	Enhanced 1.25x	80	12.4%	+14.8%	1.49%	-14.6%	Med–high	Medium
ZWU	BMO Covered Call Utilities	Sector	80	7.4%	+6.1%	0.71%	-20.7%	Medium	Very high
HRIF	Harvest Diversified Equity Income	Fund-of-funds	80	8.8%	+12.2%	0.99%	-10.4%	Medium	Very low
HUTE	Harvest Utilities Leaders Enhanced Income	Enhanced 1.25x	80	10.0%	+11.0%	1.72%	-14.0%	Medium	Medium
QMAX	Hamilton Technology YIELD MAXIMIZER™	Sector	80	11.8%	+8.7%	0.77%	-18.7%	Medium	Very high
HTA	Harvest Tech Leaders Income	Sector	80	9.5%	+16.5%	0.99%	-36.7%	Med–high	Medium
CBNK	Mulvihill Canadian Bank Enhanced Yield	Enhanced 1.25x	80	9.0%	+53.3%	0.65%	-28.3%	Med–high	Medium
ZWC	BMO Canadian High Dividend Covered Call	Index	80	6.3%	+18.5%	0.72%	-24.4%	Medium	Very high
EACC	Global X MSCI EAFE Covered Call	Index	79	9.2%	+13.8%	0.60%	-5.3%	Low–med	n/a
SDAY	Hamilton Enhanced U.S. Equity DayMAX™	Enhanced 1.25x	79	17.2%	+26.3%	1.05%	-4.0%	Medium	Medium
NVDH	Harvest NVIDIA High Income Shares	Single-stock	79	21.7%	+3.2%	0.98%	-24.2%	Med–high	Medium
OILY	Evolve Canadian Energy Enhanced Yield Index	Enhanced 1.25x	79	16.2%	+28.3%	0.86%	-11.3%	High	Medium
HBF	Harvest US Equity Leaders Income	Index	79	8.5%	+6.2%	0.88%	-22.4%	Medium	Medium
EMCC	Global X MSCI Emerging Markets Covered Call	Index	79	10.6%	+14.5%	0.78%	-9.3%	Medium	n/a
YNVD	NVIDIA (NVDA) Yield Shares Purpose	Single-stock 1.25x	78	27.2%	-6.5%	1.50%	-30.6%	High	Very high
EQLI	Invesco S&P 500 Equal Weight Income Advantage	Index	78	8.6%	+16.5%	0.20%	-10.3%	Medium	Medium
QDAY	Hamilton Enhanced Technology DayMAX™	Enhanced 1.25x	78	20.5%	+20.0%	1.10%	-15.3%	High	Medium
ZWG	BMO Global High Dividend Covered Call	Index	78	6.3%	+13.5%	0.72%	-13.8%	Low–med	Medium
ENCL	Global X Enhanced Canadian Oil And Gas Equity Covered Call	Enhanced 1.25x	78	14.9%	+30.9%	1.88%	-11.4%	High	Very high
CALL	Evolve US Banks Enhanced Yield	Sector	78	11.0%	+13.4%	0.62%	-45.3%	High	Low
CANY	Evolve Canadian Equity UltraYield	Enhanced 1.33x	78	20.2%	+19.9%	0.61%	-2.7%	Med–high	High
ZPW	BMO US Put Write	Index	78	9.3%	+10.6%	0.72%	-13.5%	Low–med	Low
BFIN	Brompton North American Financials Dividend	Sector	78	7.7%	+13.1%	0.95%	-29.0%	Med–high	Very low
ZWH	BMO US High Dividend Covered Call	Index	78	6.3%	+12.1%	0.72%	-21.8%	Medium	High
PAYF	Purpose Enhanced Premium Yield	Index	77	9.0%	+6.4%	0.94%	-12.6%	Medium	Low
CCDC	CIBC Canadian High Dividend Covered Call	Index	77	7.8%	+18.3%	0.55%	-4.3%	Medium	Low
ZWP	BMO Europe High Dividend Covered Call	Index	77	6.3%	+9.6%	0.73%	-18.2%	Medium	Medium
ZWQT	BMO Global Enhanced Income	Index	77	5.0%	+16.2%	0.72%	-8.3%	Medium	Low
ZWEN	BMO Covered Call Energy	Sector	76	7.0%	+41.1%	0.72%	-14.3%	High	Medium
EQCC	Global X All-Equity Asset Allocation Covered Call	Fund-of-funds	76	9.7%	+13.5%	0.71%	-8.0%	Medium	Very low
ZPH	BMO US Put Write Hedged to CAD	Index	76	10.3%	+7.7%	0.72%	-20.8%	Low–med	Low
CNCC	Global X S&P/TSX 60 Covered Call	Index	76	6.7%	+15.9%	0.50%	-25.4%	Medium	Medium
YMAG	Tech Innovators Yield Shares Purpose	Enhanced 1.25x	76	20.0%	+0.7%	0.57%	-25.5%	Med–high	Medium
FMAX	Hamilton U.S. Financials YIELD MAXIMIZER™	Sector	76	11.9%	+7.4%	0.80%	-12.0%	Medium	Medium
BDIV	Brompton Global Dividend Growth	Index	76	7.1%	+3.7%	0.96%	-22.8%	Medium	Very low
LIFE	Evolve Global Healthcare Enhanced Yield	Sector	76	11.9%	+8.0%	0.64%	-12.1%	Medium	Medium
TLF	Brompton Tech Leaders Income	Sector	76	10.4%	+11.3%	0.85%	-33.7%	Med–high	Low
AVGY	Harvest Broadcom Enhanced High Income Shares	Single-stock 1.25x	75	27.0%	-15.3%	1.89%	-24.1%	High	High
GRCC	Global X Growth Asset Allocation Covered Call	Fund-of-funds	75	8.8%	+10.5%	0.71%	-4.5%	Low–med	Very low
HHIH	Harvest High Income Equity Shares	Index	75	20.7%	+5.3%	0.99%	-15.9%	Med–high	Medium
RUDC	RBC U.S. Dividend Covered Call	Index	75	6.7%	+15.8%	0.73%	-9.6%	Medium	Very low
GLCC	Global X Gold Producer Equity Covered Call	Sector	75	12.6%	+0.4%	0.76%	-68.6%	High	Very high
EACL	Global X Enhanced MSCI EAFE Covered Call	Enhanced 1.25x	75	11.5%	+16.7%	1.63%	-6.9%	Medium	Low
ZWE	BMO Europe High Dividend Covered Call Hedged to CAD	Index	75	6.7%	+9.7%	0.72%	-24.7%	Medium	Medium
YAVG	Broadcom (AVGO) Yield Shares Purpose	Single-stock 1.25x	75	42.3%	-14.2%	1.56%	-25.2%	Med–high	Medium
BLOV	Brompton North American Low Volatility Dividend	Index	75	4.2%	+13.0%	0.76%	-16.0%	Medium	Very low
YGOG	Alphabet (GOOGL) Yield Shares Purpose	Single-stock 1.25x	74	17.5%	-12.0%	1.54%	-28.0%	High	Medium
HHL	Harvest Healthcare Leaders Income	Sector	74	9.1%	+8.8%	0.98%	-25.7%	Medium	Very high
BASE	Evolve Global Materials & Mining Enhanced Yield Index	Sector	74	12.0%	+20.3%	0.77%	-31.7%	High	Low
HGY	Global X Gold Yield	Sector	74	8.5%	-8.5%	0.83%	-37.5%	Medium	Medium
NVHE	Harvest NVIDIA Enhanced High Income Shares	Single-stock 1.25x	74	30.1%	+0.8%	1.86%	-28.8%	Med–high	Very high
RMAX	Hamilton REITs YIELD MAXIMIZER™	Sector	74	11.0%	+4.8%	0.80%	-8.8%	Medium	Medium
UMAX	Hamilton Utilities YIELD MAXIMIZER™	Sector	74	12.1%	+8.0%	0.77%	-7.6%	Medium	Very high
YAMZ	Amazon (AMZN) Yield Shares Purpose	Single-stock 1.25x	74	11.9%	+13.5%	1.53%	-25.2%	High	Very high
ZWT	BMO Covered Call Technology	Sector	74	6.6%	+10.3%	0.72%	-32.4%	Med–high	Medium
HBIG	Harvest Balanced Income & Growth	Fund-of-funds	74	8.0%	+6.5%	0.99%	-4.3%	Low–med	Very low
HUBL	Harvest US Bank Leaders Income	Sector	74	8.6%	+10.1%	0.99%	-43.1%	High	Low
APLE	Harvest Apple Enhanced High Income Shares	Single-stock 1.25x	74	13.1%	+29.6%	1.85%	-9.9%	Med–high	Medium
HHIS	Harvest Diversified High Income Shares	Fund-of-funds 1.25x	74	31.0%	+3.7%	1.85%	-20.1%	High	Very high
MPY	Mulvihill Premium Yield	Index	74	8.2%	+7.7%	0.70%	-6.5%	Low–med	Very low
CNQY	Purpose Canadian Natural Resources (CNQ) Yield Shares	Single-stock 1.25x	74	14.5%	+42.0%	1.13%	-19.3%	Med–high	Low
GOGY	Harvest Alphabet Enhanced High Income Shares	Single-stock 1.25x	74	22.4%	-10.4%	1.89%	-26.4%	High	Medium
ZWS	BMO US High Dividend Covered Call Hedged to CAD	Index	74	6.7%	+8.3%	0.71%	-27.6%	Medium	Low
HTAE	Harvest Tech Leaders Enhanced Income	Enhanced 1.25x	74	11.7%	+19.8%	2.13%	-16.8%	High	Medium
HVOI	Harvest Low Volatility Canadian Equity Income	Index	73	6.6%	+15.1%	0.89%	-4.3%	Medium	Low
AMDY	Harvest AMD Enhanced High Income Shares	Single-stock 1.25x	73	38.8%	+126.4%	1.89%	-24.2%	High	Very high
CNQE	Harvest CNQ Enhanced High Income Shares	Single-stock 1.25x	73	18.4%	+41.7%	1.88%	-19.3%	Med–high	Medium
ZWA	BMO Covered Call Dow Jones Industrial Average Hedged to CAD	Index	73	6.5%	+6.7%	0.72%	-23.2%	Medium	Low
AMAX	Hamilton Gold Producer YIELD MAXIMIZER™	Sector	73	10.9%	+0.0%	0.80%	-32.8%	High	Very high
YAMD	AMD (AMD) Yield Shares Purpose	Single-stock 1.25x	73	20.1%	+124.7%	1.51%	-32.7%	High	High
UTES	Evolve Canadian Utilities Enhanced Yield Index	Enhanced 1.25x	73	20.0%	+4.7%	0.85%	-12.4%	Medium	Very high
TGED	TD Active Global Enhanced Dividend	Index	72	3.8%	+5.6%	0.72%	-21.4%	Medium	Very high
AMZH	Harvest Amazon High Income Shares	Single-stock	72	13.4%	+18.5%	0.98%	-24.0%	Med–high	Low
SUHE	Harvest Suncor Enhanced High Income Shares	Single-stock 1.25x	72	16.9%	+58.6%	1.88%	-19.0%	Med–high	Low
EDGF	Brompton European Dividend Growth	Index	72	7.6%	+3.1%	0.86%	-27.8%	Medium	Very low
EMCL	Global X Enhanced MSCI Emerging Markets Covered Call	Enhanced 1.25x	72	13.8%	+14.9%	1.83%	-11.8%	Med–high	Low
ZWK	BMO Covered Call US Banks	Sector	72	6.9%	+14.2%	0.71%	-42.8%	High	Medium
HIND	Harvest Industrial Leaders Income	Sector	71	7.7%	+15.8%	0.99%	-11.7%	Medium	Low
CCCB	CIBC Canadian Banks Covered Call	Sector	71	6.6%	+36.0%	0.39%	-5.3%	Medium	Very low
HBIE	Harvest Balanced Income & Growth Enhanced	Fund-of-funds 1.25x	71	10.4%	+6.7%	2.27%	-4.8%	Medium	Very low
AMHE	Harvest Amazon Enhanced High Income Shares	Single-stock 1.25x	71	16.7%	+18.6%	1.88%	-29.6%	Med–high	High
BRKY	Berkshire Hathaway (BRK) Yield Shares Purpose	Single-stock 1.25x	71	6.1%	+12.7%	1.59%	-14.7%	Med–high	Medium
PYF	Purpose Premium Yield	Index	71	6.5%	+4.0%	0.72%	-13.8%	Low	Medium
CQHI	Ninepoint Canadian Natural Resources HighShares	Single-stock 1.25x	70	15.9%	+41.2%	1.60%	-18.0%	Med–high	Low
LMAX	Hamilton Healthcare YIELD MAXIMIZER™	Sector	70	11.3%	+14.4%	0.80%	-13.8%	Medium	Medium
EMAX	Hamilton Energy YIELD MAXIMIZER™	Sector	70	10.6%	+29.1%	0.80%	-21.8%	Med–high	Very high
JEPI	JPMorgan US Equity Premium Income Active	Index	70	6.5%	+7.6%	0.39%	-9.9%	n/a	High
SUHI	Ninepoint Suncor HighShares	Single-stock 1.25x	70	14.6%	+49.1%	1.71%	-19.9%	Med–high	Low
CUDC	CIBC US High Dividend Covered Call	Index	69	7.7%	+1.8%	0.55%	-7.3%	Medium	Very low
HPF	Harvest Energy Leaders Income	Sector	69	7.5%	+41.5%	0.99%	-60.1%	High	Low
TRVI	Harvest Travel & Leisure Income	Sector	69	10.6%	+10.5%	0.99%	-18.3%	High	Very low
CIC	CI Canadian Banks Covered Call Income Class	Sector	69	5.1%	+33.0%	0.80%	-23.5%	Medium	Medium
FLI	CI U.S. & Canada Lifeco Covered Call	Sector	69	6.1%	+19.7%	0.95%	-41.5%	High	Very low
CNCL	Global X Enhanced S&P/TSX 60 Covered Call	Enhanced 1.25x	69	8.3%	+19.5%	1.66%	-9.0%	Medium	Low
ZWHC	BMO Covered Call Health Care	Sector	69	6.1%	+14.4%	0.73%	-13.2%	Medium	Low
LLYH	Harvest Eli Lilly High Income Shares	Single-stock	69	13.5%	+36.6%	0.98%	-19.0%	Medium	Low
RSCC	Global X Russell 2000 Covered Call	Index	69	13.4%	+16.2%	0.78%	-18.1%	Med–high	Low
ABHI	Ninepoint Barrick HighShares	Single-stock 1.25x	69	23.9%	+0.3%	1.58%	-28.2%	Med–high	Low
HHLE	Harvest Healthcare Leaders Enhanced Income	Enhanced 1.25x	68	11.9%	+9.8%	2.15%	-20.1%	Medium	Medium
TUED	TD Active U.S. Enhanced Dividend	Index	68	2.8%	+4.0%	0.72%	-19.8%	Medium	High
TUEX	TD Active U.S. Enhanced Dividend CAD Hedged	Index	68	3.0%	+0.5%	0.72%	-11.6%	Med–high	Low
RYHE	Harvest Enhanced High Income RY-Linked Shares	Single-stock 1.25x	68	10.1%	+34.9%	1.88%	-5.0%	Medium	Low
GGPY	Guardian Directed Premium Yield	Index	68	7.1%	+7.8%	1.02%	-18.7%	Medium	Low
ENBY	Purpose Enbridge (ENB) Yield Shares	Single-stock 1.25x	68	14.9%	+1.2%	1.11%	-15.2%	Medium	Low
YPLT	Palantir (PLTR) Yield Shares Purpose	Single-stock 1.25x	67	25.4%	-3.9%	1.47%	-46.5%	High	Medium
MSFH	Harvest Microsoft High Income Shares	Single-stock	67	13.2%	+7.5%	0.98%	-26.3%	Medium	Medium
TDHE	Harvest Enhanced High Income TD-Linked Shares	Single-stock 1.25x	67	9.9%	+53.8%	1.88%	-3.9%	Medium	Very low
ENBE	Harvest Enbridge Enhanced High Income Shares	Single-stock 1.25x	67	13.9%	+1.9%	1.88%	-14.8%	Medium	Medium
COSY	Harvest Costco Enhanced High Income Shares	Single-stock 1.25x	67	12.4%	+17.6%	1.89%	-16.1%	High	Medium
LLHE	Harvest Eli Lilly Enhanced High Income Shares	Single-stock 1.25x	66	16.5%	+43.0%	1.86%	-26.7%	Med–high	High
RBCY	Purpose RBC (RY) Yield Shares	Single-stock 1.25x	66	7.6%	+36.0%	1.19%	-3.6%	Medium	Low
TDY	Purpose TD (TD) Yield Shares	Single-stock 1.25x	66	6.7%	+53.4%	1.07%	-5.8%	Medium	Low
BNSY	Purpose Scotiabank (BNS) Yield Shares	Single-stock 1.25x	66	7.8%	+39.1%	1.14%	-8.2%	Medium	Low
NRGI	Ninepoint Energy Income	Sector	65	11.5%	+36.3%	5.09%	-28.0%	High	Medium
SHPY	Purpose Shopify (SHOP) Yield Shares	Single-stock 1.25x	65	35.4%	-9.3%	1.16%	-35.6%	Med–high	Medium
GGEP	Guardian Directed Equity Path	Index	65	4.1%	+4.6%	1.09%	-12.2%	Low–med	Very low
FHI	CI Health Care Giants Covered Call	Sector	64	7.2%	+17.5%	0.72%	-15.3%	Medium	Low
NXF	CI Energy Giants Covered Call	Sector	64	10.1%	+33.6%	0.71%	-57.4%	High	Medium
CRHI	Ninepoint CNR HighShares	Single-stock 1.25x	64	9.3%	+40.9%	1.35%	-5.9%	Medium	Low
APLY	Apple (AAPL) Yield Shares Purpose	Single-stock 1.25x	64	5.1%	+23.5%	1.58%	-23.7%	Med–high	Medium
ZWGD	BMO Covered Call Spread Gold Bullion	Sector	64	6.1%	-4.7%	0.72%	-23.4%	Medium	Low
MPAY	Global X Mid-Term U.S. Treasury Premium Yield	Bond	64	8.6%	+0.2%	0.51%	-6.4%	Low	High
TDHI	Ninepoint TD-Linked HighShares	Single-stock 1.25x	63	9.0%	+53.6%	1.55%	-4.3%	Medium	Low
CGXF	CI Gold+ Giants Covered Call	Sector	63	9.1%	-0.3%	0.72%	-57.9%	High	High
HIG	Brompton Global Healthcare Income & Growth	Sector	62	5.9%	+5.4%	0.85%	-23.4%	Medium	Very low
MSHE	Harvest Microsoft Enhanced High Income Shares	Single-stock 1.25x	62	16.2%	+6.8%	1.87%	-32.4%	Med–high	Medium
RYHI	Ninepoint RY-Linked HighShares	Single-stock 1.25x	62	8.6%	+34.6%	1.60%	-7.3%	Medium	Low
CUTL	CI Utilities Giants Covered Call	Sector	61	5.4%	-2.4%	0.69%	-14.1%	Medium	Very low
SPAY	Global X Short-Term U.S. Treasury Premium Yield	Bond	61	6.2%	+3.4%	0.44%	-4.6%	Low	Medium
ENHI	Ninepoint Enbridge HighShares	Single-stock 1.25x	61	13.3%	-0.8%	1.60%	-16.4%	Medium	Low
YCST	Costco (COST) Yield Shares Purpose	Single-stock 1.25x	60	14.3%	+21.0%	1.50%	-17.5%	Medium	Low
HBTE	Harvest Bitcoin Leaders Enhanced Income	Enhanced 1.25x	60	47.2%	-28.0%	2.49%	-46.1%	High	High
BNY	Purpose Brookfield (BN) Yield Shares	Single-stock 1.25x	59	10.8%	-10.2%	1.14%	-22.6%	Medium	Low
BOND	Evolve Enhanced Yield Bond	Bond	58	13.7%	-5.6%	0.78%	-10.6%	Low–med	Medium
AEME	Harvest Agnico Eagle Enhanced High Income Shares	Single-stock 1.25x	57	22.3%	-2.2%	1.87%	-46.8%	Med–high	Medium
BIGY	Evolve US Equity UltraYield	Enhanced 1.33x	57	31.4%	-12.3%	0.61%	-23.6%	High	Very high
CCHI	Ninepoint Cameco HighShares	Single-stock 1.25x	57	37.4%	-16.7%	1.34%	-41.0%	High	Medium
DOLY	Purpose Dollarama (DOL) Yield Shares	Single-stock 1.25x	57	8.0%	+5.1%	1.21%	-19.4%	Medium	Very low
SHPE	Harvest Shopify Enhanced High Income Shares	Single-stock 1.25x	57	34.6%	-18.3%	1.88%	-36.9%	High	Medium
AGG	Evolve Canadian Aggregate Bond Enhanced Yield	Bond	56	6.6%	-0.2%	0.77%	-2.8%	Low	Low
MSFY	Microsoft (MSFT) Yield Shares Purpose	Single-stock 1.25x	56	18.3%	+1.8%	1.54%	-34.3%	Med–high	Medium
LPAY	Global X Long-Term U.S. Treasury Premium Yield	Bond	55	10.9%	-3.0%	0.59%	-8.4%	Low–med	Low
HGR	Harvest REIT Leaders Income	Sector	55	7.1%	-0.8%	0.99%	-40.5%	Medium	Low
BTCY	Purpose Bitcoin Yield	Sector	55	11.5%	-27.0%	2.41%	-64.5%	High	Medium
AGCC	Global X Silver Covered Call	Sector	55	14.5%	-14.4%	1.20%	-45.5%	High	Low
PAYS	Global X Short-Term Government Bond Premium Yield	Bond	55	5.3%	+0.1%	0.55%	-1.4%	Low	Low
CCOE	Harvest Cameco Enhanced High Income Shares	Single-stock 1.25x	54	27.7%	-19.2%	1.88%	-41.3%	Med–high	Medium
YTSL	Tesla (TSLA) Yield Shares Purpose	Single-stock 1.25x	54	25.7%	-10.2%	1.52%	-40.8%	High	Very high
BCEE	Harvest BCE Enhanced High Income Shares	Single-stock 1.25x	53	18.8%	-3.0%	1.87%	-20.0%	Medium	Medium
SHHI	Ninepoint Shopify HighShares	Single-stock 1.25x	52	25.8%	-10.8%	1.48%	-35.4%	Med–high	Medium
HBIL	Hamilton U.S. T-Bill YIELD MAXIMIZER™	Bond	50	4.5%	+0.3%	0.49%	-1.5%	Low	Medium
MIDB	Evolve Enhanced Yield Mid Term Bond	Bond	50	10.7%	-3.4%	0.75%	-6.3%	Low–med	Low
HBND	Hamilton U.S. Bond YIELD MAXIMIZER™	Bond	50	9.5%	-6.8%	0.65%	-13.4%	Low–med	Medium
RNCC	Global X Equal Weight Canadian Telecommunications Covered Call	Sector	50	11.5%	-11.9%	0.55%	-19.9%	Medium	Low
HPYM	Harvest Premium Yield 7-10 Year Treasury	Bond	49	6.2%	-4.5%	0.69%	-6.4%	Low–med	Medium
BCHI	Ninepoint BCE HighShares	Single-stock 1.25x	48	15.7%	-4.6%	1.67%	-20.5%	Medium	Low
RNCL	Global X Enhanced Equal Weight Canadian Telecommunications Covered Call	Enhanced 1.25x	48	13.8%	-16.9%	1.96%	-26.6%	Med–high	Very low
CCBD	CI U.S. Aggregate Bond Covered Call	Bond	46	5.4%	-5.0%	0.57%	-10.3%	Low	Very low
YMET	Meta (META) Yield Shares Purpose	Single-stock 1.25x	46	29.5%	-8.5%	1.53%	-36.0%	Med–high	Medium
PAYM	Global X Mid-Term Government Bond Premium Yield	Bond	46	7.2%	-1.8%	0.66%	-4.4%	Low	Very low
PAYL	Global X Long-Term Government Bond Premium Yield	Bond	44	9.2%	-4.1%	0.75%	-8.7%	Low–med	Very low
HPYT	Harvest Premium Yield Treasury	Bond	41	9.9%	-6.4%	0.68%	-12.7%	Low–med	High
BCCC	Global X Bitcoin Covered Call	Sector	34	24.8%	-18.2%	1.09%	-44.0%	High	Medium
YUNH	UnitedHealth Group (UNH) Yield Shares Purpose	Single-stock 1.25x	32	18.0%	+22.2%	1.51%	-58.2%	High	Low
BCCL	Global X Enhanced Bitcoin Covered Call	Enhanced 1.25x	31	31.9%	-20.5%	2.10%	-52.1%	High	Medium
YNET	Netflix (NFLX) Yield Shares Purpose	Single-stock 1.25x	25	19.3%	-48.2%	1.58%	-59.0%	Med–high	Medium
TSLY	Harvest Tesla Enhanced High Income Shares	Single-stock 1.25x	24	29.5%	-8.3%	1.88%	-43.5%	High	Very high
TEHE	Harvest TELUS Enhanced High Income Shares	Single-stock 1.25x	23	15.8%	-31.7%	1.86%	-47.3%	Medium	Low
HBIX	Harvest Bitcoin Enhanced Income	Enhanced 1.25x	21	23.5%	-24.4%	2.79%	-53.0%	High	Medium
ETHY	Purpose Ether Yield	Sector	21	24.6%	-44.1%	2.62%	-73.3%	High	Medium
HODY	Harvest Robinhood Enhanced High Income Shares	Single-stock 1.25x	20	49.6%	-43.3%	1.84%	-58.1%	High	Medium
TY	Purpose Telus (T) Yield Shares	Single-stock 1.25x	18	15.8%	-31.8%	1.22%	-49.9%	Medium	Very low
NFLY	Harvest Netflix Enhanced High Income Shares	Single-stock 1.25x	17	24.7%	-47.2%	1.89%	-57.8%	High	Medium
SOFY	Harvest SoFi Enhanced High Income Shares	Single-stock 1.25x	17	31.4%	-42.5%	1.80%	-50.9%	High	Medium
YCON	Coinbase (COIN) Yield Shares Purpose	Single-stock 1.25x	17	54.5%	-52.1%	1.62%	-66.6%	High	Medium
RDDY	Harvest Reddit Enhanced High Income Shares	Single-stock 1.25x	15	67.4%	-56.7%	1.82%	-62.3%	High	Medium
CRCY	Harvest Circle Enhanced High Income Shares	Single-stock 1.25x	13	72.5%	-30.2%	1.82%	-61.8%	High	Medium
CNYE	Harvest Coinbase Enhanced High Income Shares	Single-stock 1.25x	13	56.6%	-52.3%	1.89%	-68.0%	High	Medium
MSTY	Harvest Strategy Inc. High Income Shares	Single-stock	11	38.9%	-30.0%	0.80%	-78.9%	High	Medium
MSTE	Harvest MicroStrategy Enhanced High Income Shares	Single-stock 1.25x	10	52.9%	-40.0%	1.89%	-82.8%	High	Very high
BDAY	Hamilton Enhanced Bitcoin DayMAX™	Enhanced 1.25x new	n/a	18.9%	–	0.85%	-14.4%	High	Medium
CFIN	Evolve Canadian Financials Yield	Sector new	n/a	12.6%	–	0.60%	–	Medium	Very low
CLHI	Ninepoint Celestica HighShares	Single-stock 1.33x new	n/a	55.4%	–	2.30%	-46.7%	High	Medium
CMAX	Hamilton Canadian Equity YIELD MAXIMIZER™	Fund-of-funds new	n/a	11.4%	–	–	-2.5%	Medium	Medium
CMCC	Global X All-In-One Commodity Producers Equity Covered Call	Fund-of-funds new	n/a	13.2%	–	0.65%	-13.6%	Med–high	Low
CMCL	Global X Enhanced All-In-One Commodity Producers Equity Covered Call	Fund-of-funds 1.25x new	n/a	16.6%	–	0.85%	-17.0%	High	Medium
CONY	Harvest Coinbase High Income Shares	Single-stock new	n/a	40.8%	–	0.98%	-25.8%	High	Low
CPCC	Global X Copper Producer Equity Covered Call	Sector new	n/a	13.5%	–	0.73%	-19.4%	High	Medium
CSHI	Ninepoint Constellation Software HighShares	Single-stock 1.33x new	n/a	9.4%	–	1.90%	-9.3%	High	Very low
CUTE	Evolve Canadian Utilities Yield	Sector new	n/a	15.4%	–	0.60%	–	Medium	Very low
EASY	Evolve All-in-One UltraYield	Fund-of-funds 1.33x new	n/a	27.9%	–	–	-4.8%	Med–high	High
EDHI	Ninepoint Enhanced Aerospace and Defense HighShares	Enhanced 1.33x new	n/a	15.3%	–	0.55%	–	High	Low
EQCL	Global X Enhanced All-Equity Asset Allocation Covered Call	Fund-of-funds 1.25x new	n/a	12.1%	–	1.63%	-4.3%	Medium	Medium
GIDY	Guardian i3 Global Dividend Premium Yield	Index new	n/a	4.5%	–	0.89%	-1.4%	Medium	Very low
GLCL	Global X Enhanced Gold Producer Equity Covered Call	Enhanced 1.25x new	n/a	15.7%	–	1.74%	-42.0%	High	Medium
GOHI	Ninepoint Alphabet HighShares	Single-stock 1.33x new	n/a	24.8%	–	2.49%	-28.5%	High	Low
HHII	Harvest International High Income Shares	Enhanced 1.25x new	n/a	18.0%	–	0.65%	–	High	Medium
HONE	Harvest All-In-One High Income Shares	Fund-of-funds 1.25x new	n/a	–	–	–	–	Med–high	High
HPYB	Harvest Premium Yield Canadian Bank	Sector new	n/a	13.0%	–	0.65%	-2.3%	Medium	Medium
HPYE	Harvest Premium Yield Enhanced	Index new	n/a	14.1%	–	0.65%	-3.5%	Medium	Medium
HPYG	Harvest Premium Yield Gold	Sector new	n/a	–	–	0.65%	–	High	Medium
IMAX	Hamilton International Equity YIELD MAXIMIZER™	Index new	n/a	9.9%	–	0.65%	-2.2%	Medium	Medium
INHI	Ninepoint Intel HighShares	Single-stock 1.33x new	n/a	77.7%	–	2.77%	-64.7%	High	Low
INTY	Evolve International Equity UltraYield	Enhanced 1.33x new	n/a	30.7%	–	0.60%	-6.2%	Med–high	Medium
JEPH	JPMorgan US Equity Premium Income Active CAD Hedged	Index new	n/a	7.4%	–	0.35%	-1.8%	n/a	Very low
JPQH	JPMorgan Nasdaq Equity Premium Income Active CAD Hedged	Index new	n/a	13.5%	–	0.35%	-6.7%	n/a	Low
KGHI	Ninepoint Kinross Gold HighShares	Single-stock 1.33x new	n/a	30.9%	–	1.90%	-38.7%	High	Low
METE	Harvest Meta Enhanced High Income Shares	Single-stock 1.25x new	n/a	22.0%	–	1.89%	-22.8%	High	Medium
MHDC	Mackenzie Canadian High Dividend Yield	Index new	n/a	4.8%	–	0.62%	–	n/a	n/a
MHDU	Mackenzie US High Dividend Yield	Index new	n/a	4.8%	–	0.63%	–	n/a	n/a
MOAT	Moat Active Premium Yield	Index new	n/a	13.3%	–	1.47%	-0.9%	Low–med	Medium
NICC	NBI SmartData International Equity Covered Call	Index new	n/a	–	–	0.50%	–	Medium	Very low
NUCC	NBI SmartData U.S. Equity Covered Call	Index new	n/a	–	–	0.40%	–	Medium	n/a
NVHI	Ninepoint NVIDIA HighShares	Single-stock 1.33x new	n/a	34.2%	–	2.97%	-31.3%	High	Low
PAYG	Brompton Global Equity HighPay	Enhanced 1.25x new	n/a	19.6%	–	0.73%	-4.4%	Medium	Medium
PAYI	Brompton Utilities & Infrastructure HighPay	Enhanced 1.25x new	n/a	17.4%	–	0.60%	–	Medium	Low
PAYU	Brompton U.S. Equity HighPay	Enhanced 1.25x new	n/a	20.9%	–	0.60%	–	Medium	Very low
PLHI	Ninepoint Palantir HighShares	Single-stock 1.33x new	n/a	26.8%	–	3.06%	-25.6%	High	Low
PLTE	Harvest Palantir Enhanced High Income Shares	Single-stock 1.25x new	n/a	33.2%	–	1.89%	-25.5%	High	Very high
SIXY	Evolve Big Six Canadian Banks UltraYield Index	Enhanced 1.33x new	n/a	21.6%	–	0.60%	-4.7%	High	Very high
SVCC	Global X Silver Miners Covered Call	Sector new	n/a	15.1%	–	0.65%	-24.4%	High	Low
SVCL	Global X Enhanced Silver Miners Covered Call	Enhanced 1.25x new	n/a	19.3%	–	0.85%	-29.0%	High	Low
SXHI	Ninepoint SpaceX HighShares	Single-stock 1.33x new	n/a	38.6%	–	2.71%	-43.4%	High	Medium
TECY	Evolve NASDAQ Technology UltraYield	Fund-of-funds 1.33x new	n/a	–	–	–	–	High	Very low
TSHI	Ninepoint Tesla HighShares	Single-stock 1.33x new	n/a	29.4%	–	2.48%	-33.2%	High	Very low
URCC	Global X Uranium Covered Call	Sector new	n/a	19.6%	–	0.65%	-31.8%	High	Low
USHI	Ninepoint Enhanced U.S. Equity HighShares	Enhanced 1.33x new	n/a	15.9%	–	0.40%	–	Med–high	Low
WHYP	Westcourt Hamilton Yield Portfolio	Fund-of-funds new	n/a	10.3%	–	0.90%	–	Low–med	Low

Type

What the fund sells calls on.

The fund owns stocks and sells the right to buy them at a set price. It collects a fee (premium) for that right, which is paid out as income. In exchange, big rises in the stocks are partly given up. A tag such as 1.25x marks leverage; "new" means under 12 months of history, too short to score.

Full definition in the glossary →

Income Durability Score

Out of 100, coloured from red (0) to green (100).

How well the fund has turned its yield into something you could actually keep. It is built from income, capital, risk and cost measures with fixed, published weights.

How we score →

Yield

A year of distributions divided by today's unit price. A high yield is not a high return: if the price falls as much as you were paid, you have gained nothing.

Full definition in the glossary →

Total return

This column is the total return over the last 12 months.

Price change plus all distributions, assuming distributions are reinvested. This is the number that tells you whether the payout was earned.

Full definition in the glossary →

MER

Management expense ratio: the fund's yearly management fee and operating costs as a share of its value, already taken out of returns. Trading costs come on top, as the trading expense ratio (TER) in the fund's ETF Facts; the score's fee measure adds the two.

Full definition in the glossary →

Worst drop (maximum drawdown)

The biggest fall from a high to a later low, in total return, so paying out a distribution does not count as a fall. A fund that fell 30% needs a 43% gain to get back.

Full definition in the glossary →

Risk rating

The fund company's own rating from Low to High, in its ETF Facts, based on how much the fund's returns have varied. It describes past ups and downs, not the chance of a future loss.

Full definition in the glossary →

Liquidity

How easily you can buy or sell without moving the price, rated Very high to Very low by the average dollars traded per day. Thinly traded funds can have wide gaps between the buying and selling price; use limit orders.

Full definition in the glossary →

Volatility

Over the last 36 months.

How much returns bounce around, measured as an annualized standard deviation. Higher means a bumpier ride. It counts rises as well as falls, so the score uses downside deviation instead.

Full definition in the glossary →

Beta

How far the fund tends to move when the S&P 500 moves, over the last 36 months. A beta of 0.7 means it moved about 0.7% for each 1% move in the index.

Full definition in the glossary →

Up and down capture

This column is up capture: the share of its own benchmark's gains the fund took in rising months. The fund's page names the benchmark.

How much of its own benchmark's gains (up) and losses (down) the fund took over the last 36 months. Down capture under 100% means the calls cushioned the falls; leverage pushes both above 100%.

Full definition in the glossary →

Up and down capture

This column is down capture: the share of its own benchmark's losses the fund took in falling months. The fund's page names the benchmark.

How much of its own benchmark's gains (up) and losses (down) the fund took over the last 36 months. Down capture under 100% means the calls cushioned the falls; leverage pushes both above 100%.

Full definition in the glossary →

Total return

This column is the total return per year over the last 3 years.

Price change plus all distributions, assuming distributions are reinvested. This is the number that tells you whether the payout was earned.

Full definition in the glossary →

Return of capital (ROC)

The share of last year's payout classed as return of capital.

A part of the payout that is treated as your own money coming back. It is not taxed right away, but it lowers your cost base, so you may owe more tax when you sell.

Full definition in the glossary →

Best Nasdaq covered call ETFs

Funds that write calls on the Nasdaq-100 or hold its stocks. Tech volatility makes the premiums larger, and the upside given up larger too.

QQCC Global X Nasdaq-100 Covered Call ETF Global X · 11.8% yield 85
QQCL Global X Enhanced Nasdaq-100 Covered Call ETF Global X · 15.3% yield 84
QQQY Evolve NASDAQ Technology Enhanced Yield Index Fund Evolve · 14.6% yield 84
JEPQ JPMorgan Nasdaq Equity Premium Income Active ETF JPMorgan · 12.2% yield 83
QQCI Invesco NASDAQ 100 Income Advantage ETF Invesco · 10.3% yield 80
JPQH JPMorgan Nasdaq Equity Premium Income Active ETF CAD Hedged JPMorgan · 13.5% yield n/a
TECY Evolve NASDAQ Technology UltraYield ETF Evolve · – yield n/a

Rankings are information, not a recommendation to buy or sell any fund. How we score.