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 MSTE (10), MSTY (11) and CNYE (13), 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.

CompareTicker ⇅FundTypeScore ▲Yield ⇅1-yr return ⇅Fee ⇅Worst drop ⇅Risk rating ⇅Liquidity ⇅
MSTEHarvest MicroStrategy Enhanced High Income SharesSingle-stock 1.25x 1052.9%-40.0%1.89%-82.8%HighVery high
MSTYHarvest Strategy Inc. High Income SharesSingle-stock 1138.9%-30.0%0.80%-78.9%HighMedium
CNYEHarvest Coinbase Enhanced High Income SharesSingle-stock 1.25x 1356.6%-52.3%1.89%-68.0%HighMedium
CRCYHarvest Circle Enhanced High Income SharesSingle-stock 1.25x 1372.5%-30.2%1.82%-61.8%HighMedium
RDDYHarvest Reddit Enhanced High Income SharesSingle-stock 1.25x 1567.4%-56.7%1.82%-62.3%HighMedium
SOFYHarvest SoFi Enhanced High Income SharesSingle-stock 1.25x 1731.4%-42.5%1.80%-50.9%HighMedium
YCONCoinbase (COIN) Yield Shares PurposeSingle-stock 1.25x 1754.5%-52.1%1.62%-66.6%HighMedium
NFLYHarvest Netflix Enhanced High Income SharesSingle-stock 1.25x 1724.7%-47.2%1.89%-57.8%HighMedium
TYPurpose Telus (T) Yield SharesSingle-stock 1.25x 1815.8%-31.8%1.22%-49.9%MediumVery low
HODYHarvest Robinhood Enhanced High Income SharesSingle-stock 1.25x 2049.6%-43.3%1.84%-58.1%HighMedium
ETHYPurpose Ether YieldSector 2124.6%-44.1%2.62%-73.3%HighMedium
HBIXHarvest Bitcoin Enhanced IncomeEnhanced 1.25x 2123.5%-24.4%2.79%-53.0%HighMedium
TEHEHarvest TELUS Enhanced High Income SharesSingle-stock 1.25x 2315.8%-31.7%1.86%-47.3%MediumLow
TSLYHarvest Tesla Enhanced High Income SharesSingle-stock 1.25x 2429.5%-8.3%1.88%-43.5%HighVery high
YNETNetflix (NFLX) Yield Shares PurposeSingle-stock 1.25x 2519.3%-48.2%1.58%-59.0%Med–highMedium
BCCLGlobal X Enhanced Bitcoin Covered CallEnhanced 1.25x 3131.9%-20.5%2.10%-52.1%HighMedium
YUNHUnitedHealth Group (UNH) Yield Shares PurposeSingle-stock 1.25x 3218.0%+22.2%1.51%-58.2%HighLow
BCCCGlobal X Bitcoin Covered CallSector 3424.8%-18.2%1.09%-44.0%HighMedium
HPYTHarvest Premium Yield TreasuryBond 419.9%-6.4%0.68%-12.7%Low–medHigh
PAYLGlobal X Long-Term Government Bond Premium YieldBond 449.2%-4.1%0.75%-8.7%Low–medVery low
PAYMGlobal X Mid-Term Government Bond Premium YieldBond 467.2%-1.8%0.66%-4.4%LowVery low
CCBDCI U.S. Aggregate Bond Covered CallBond 465.4%-5.0%0.57%-10.3%LowVery low
YMETMeta (META) Yield Shares PurposeSingle-stock 1.25x 4629.5%-8.5%1.53%-36.0%Med–highMedium
RNCLGlobal X Enhanced Equal Weight Canadian Telecommunications Covered CallEnhanced 1.25x 4813.8%-16.9%1.96%-26.6%Med–highVery low
BCHINinepoint BCE HighSharesSingle-stock 1.25x 4815.7%-4.6%1.67%-20.5%MediumLow
HPYMHarvest Premium Yield 7-10 Year TreasuryBond 496.2%-4.5%0.69%-6.4%Low–medMedium
RNCCGlobal X Equal Weight Canadian Telecommunications Covered CallSector 5011.5%-11.9%0.55%-19.9%MediumLow
HBNDHamilton U.S. Bond YIELD MAXIMIZER™Bond 509.5%-6.8%0.65%-13.4%Low–medMedium
MIDBEvolve Enhanced Yield Mid Term BondBond 5010.7%-3.4%0.75%-6.3%Low–medLow
HBILHamilton U.S. T-Bill YIELD MAXIMIZER™Bond 504.5%+0.3%0.49%-1.5%LowMedium
SHHINinepoint Shopify HighSharesSingle-stock 1.25x 5225.8%-10.8%1.48%-35.4%Med–highMedium
BCEEHarvest BCE Enhanced High Income SharesSingle-stock 1.25x 5318.8%-3.0%1.87%-20.0%MediumMedium
CCOEHarvest Cameco Enhanced High Income SharesSingle-stock 1.25x 5427.7%-19.2%1.88%-41.3%Med–highMedium
YTSLTesla (TSLA) Yield Shares PurposeSingle-stock 1.25x 5425.7%-10.2%1.52%-40.8%HighVery high
PAYSGlobal X Short-Term Government Bond Premium YieldBond 555.3%+0.1%0.55%-1.4%LowLow
AGCCGlobal X Silver Covered CallSector 5514.5%-14.4%1.20%-45.5%HighLow
BTCYPurpose Bitcoin YieldSector 5511.5%-27.0%2.41%-64.5%HighMedium
HGRHarvest REIT Leaders IncomeSector 557.1%-0.8%0.99%-40.5%MediumLow
LPAYGlobal X Long-Term U.S. Treasury Premium YieldBond 5510.9%-3.0%0.59%-8.4%Low–medLow
MSFYMicrosoft (MSFT) Yield Shares PurposeSingle-stock 1.25x 5618.3%+1.8%1.54%-34.3%Med–highMedium
AGGEvolve Canadian Aggregate Bond Enhanced YieldBond 566.6%-0.2%0.77%-2.8%LowLow
BIGYEvolve US Equity UltraYieldEnhanced 1.33x 5731.4%-12.3%0.61%-23.6%HighVery high
CCHINinepoint Cameco HighSharesSingle-stock 1.25x 5737.4%-16.7%1.34%-41.0%HighMedium
DOLYPurpose Dollarama (DOL) Yield SharesSingle-stock 1.25x 578.0%+5.1%1.21%-19.4%MediumVery low
SHPEHarvest Shopify Enhanced High Income SharesSingle-stock 1.25x 5734.6%-18.3%1.88%-36.9%HighMedium
AEMEHarvest Agnico Eagle Enhanced High Income SharesSingle-stock 1.25x 5722.3%-2.2%1.87%-46.8%Med–highMedium
BONDEvolve Enhanced Yield BondBond 5813.7%-5.6%0.78%-10.6%Low–medMedium
BNYPurpose Brookfield (BN) Yield SharesSingle-stock 1.25x 5910.8%-10.2%1.14%-22.6%MediumLow
HBTEHarvest Bitcoin Leaders Enhanced IncomeEnhanced 1.25x 6047.2%-28.0%2.49%-46.1%HighHigh
YCSTCostco (COST) Yield Shares PurposeSingle-stock 1.25x 6014.3%+21.0%1.50%-17.5%MediumLow
ENHINinepoint Enbridge HighSharesSingle-stock 1.25x 6113.3%-0.8%1.60%-16.4%MediumLow
SPAYGlobal X Short-Term U.S. Treasury Premium YieldBond 616.2%+3.4%0.44%-4.6%LowMedium
CUTLCI Utilities Giants Covered CallSector 615.4%-2.4%0.69%-14.1%MediumVery low
HIGBrompton Global Healthcare Income & GrowthSector 625.9%+5.4%0.85%-23.4%MediumVery low
MSHEHarvest Microsoft Enhanced High Income SharesSingle-stock 1.25x 6216.2%+6.8%1.87%-32.4%Med–highMedium
RYHINinepoint RY-Linked HighSharesSingle-stock 1.25x 628.6%+34.6%1.60%-7.3%MediumLow
CGXFCI Gold+ Giants Covered CallSector 639.1%-0.3%0.72%-57.9%HighHigh
TDHINinepoint TD-Linked HighSharesSingle-stock 1.25x 639.0%+53.6%1.55%-4.3%MediumLow
MPAYGlobal X Mid-Term U.S. Treasury Premium YieldBond 648.6%+0.2%0.51%-6.4%LowHigh
APLYApple (AAPL) Yield Shares PurposeSingle-stock 1.25x 645.1%+23.5%1.58%-23.7%Med–highMedium
ZWGDBMO Covered Call Spread Gold BullionSector 646.1%-4.7%0.72%-23.4%MediumLow
CRHINinepoint CNR HighSharesSingle-stock 1.25x 649.3%+40.9%1.35%-5.9%MediumLow
FHICI Health Care Giants Covered CallSector 647.2%+17.5%0.72%-15.3%MediumLow
NXFCI Energy Giants Covered CallSector 6410.1%+33.6%0.71%-57.4%HighMedium
GGEPGuardian Directed Equity PathIndex 654.1%+4.6%1.09%-12.2%Low–medVery low
NRGINinepoint Energy IncomeSector 6511.5%+36.3%5.09%-28.0%HighMedium
SHPYPurpose Shopify (SHOP) Yield SharesSingle-stock 1.25x 6535.4%-9.3%1.16%-35.6%Med–highMedium
BNSYPurpose Scotiabank (BNS) Yield SharesSingle-stock 1.25x 667.8%+39.1%1.14%-8.2%MediumLow
TDYPurpose TD (TD) Yield SharesSingle-stock 1.25x 666.7%+53.4%1.07%-5.8%MediumLow
LLHEHarvest Eli Lilly Enhanced High Income SharesSingle-stock 1.25x 6616.5%+43.0%1.86%-26.7%Med–highHigh
RBCYPurpose RBC (RY) Yield SharesSingle-stock 1.25x 667.6%+36.0%1.19%-3.6%MediumLow
COSYHarvest Costco Enhanced High Income SharesSingle-stock 1.25x 6712.4%+17.6%1.89%-16.1%HighMedium
ENBEHarvest Enbridge Enhanced High Income SharesSingle-stock 1.25x 6713.9%+1.9%1.88%-14.8%MediumMedium
TDHEHarvest Enhanced High Income TD-Linked SharesSingle-stock 1.25x 679.9%+53.8%1.88%-3.9%MediumVery low
MSFHHarvest Microsoft High Income SharesSingle-stock 6713.2%+7.5%0.98%-26.3%MediumMedium
YPLTPalantir (PLTR) Yield Shares PurposeSingle-stock 1.25x 6725.4%-3.9%1.47%-46.5%HighMedium
ENBYPurpose Enbridge (ENB) Yield SharesSingle-stock 1.25x 6814.9%+1.2%1.11%-15.2%MediumLow
GGPYGuardian Directed Premium YieldIndex 687.1%+7.8%1.02%-18.7%MediumLow
RYHEHarvest Enhanced High Income RY-Linked SharesSingle-stock 1.25x 6810.1%+34.9%1.88%-5.0%MediumLow
HHLEHarvest Healthcare Leaders Enhanced IncomeEnhanced 1.25x 6811.9%+9.8%2.15%-20.1%MediumMedium
TUEDTD Active U.S. Enhanced DividendIndex 682.8%+4.0%0.72%-19.8%MediumHigh
TUEXTD Active U.S. Enhanced Dividend CAD HedgedIndex 683.0%+0.5%0.72%-11.6%Med–highLow
ABHINinepoint Barrick HighSharesSingle-stock 1.25x 6923.9%+0.3%1.58%-28.2%Med–highLow
RSCCGlobal X Russell 2000 Covered CallIndex 6913.4%+16.2%0.78%-18.1%Med–highLow
LLYHHarvest Eli Lilly High Income SharesSingle-stock 6913.5%+36.6%0.98%-19.0%MediumLow
CNCLGlobal X Enhanced S&P/TSX 60 Covered CallEnhanced 1.25x 698.3%+19.5%1.66%-9.0%MediumLow
ZWHCBMO Covered Call Health CareSector 696.1%+14.4%0.73%-13.2%MediumLow
CICCI Canadian Banks Covered Call Income ClassSector 695.1%+33.0%0.80%-23.5%MediumMedium
FLICI U.S. & Canada Lifeco Covered CallSector 696.1%+19.7%0.95%-41.5%HighVery low
CUDCCIBC US High Dividend Covered CallIndex 697.7%+1.8%0.55%-7.3%MediumVery low
HPFHarvest Energy Leaders IncomeSector 697.5%+41.5%0.99%-60.1%HighLow
TRVIHarvest Travel & Leisure IncomeSector 6910.6%+10.5%0.99%-18.3%HighVery low
SUHINinepoint Suncor HighSharesSingle-stock 1.25x 7014.6%+49.1%1.71%-19.9%Med–highLow
JEPIJPMorgan US Equity Premium Income ActiveIndex 706.5%+7.6%0.39%-9.9%n/aHigh
EMAXHamilton Energy YIELD MAXIMIZER™Sector 7010.6%+29.1%0.80%-21.8%Med–highVery high
CQHINinepoint Canadian Natural Resources HighSharesSingle-stock 1.25x 7015.9%+41.2%1.60%-18.0%Med–highLow
LMAXHamilton Healthcare YIELD MAXIMIZER™Sector 7011.3%+14.4%0.80%-13.8%MediumMedium
PYFPurpose Premium YieldIndex 716.5%+4.0%0.72%-13.8%LowMedium
AMHEHarvest Amazon Enhanced High Income SharesSingle-stock 1.25x 7116.7%+18.6%1.88%-29.6%Med–highHigh
BRKYBerkshire Hathaway (BRK) Yield Shares PurposeSingle-stock 1.25x 716.1%+12.7%1.59%-14.7%Med–highMedium
CCCBCIBC Canadian Banks Covered CallSector 716.6%+36.0%0.39%-5.3%MediumVery low
HBIEHarvest Balanced Income & Growth EnhancedFund-of-funds 1.25x 7110.4%+6.7%2.27%-4.8%MediumVery low
HINDHarvest Industrial Leaders IncomeSector 717.7%+15.8%0.99%-11.7%MediumLow
ZWKBMO Covered Call US BanksSector 726.9%+14.2%0.71%-42.8%HighMedium
EDGFBrompton European Dividend GrowthIndex 727.6%+3.1%0.86%-27.8%MediumVery low
EMCLGlobal X Enhanced MSCI Emerging Markets Covered CallEnhanced 1.25x 7213.8%+14.9%1.83%-11.8%Med–highLow
SUHEHarvest Suncor Enhanced High Income SharesSingle-stock 1.25x 7216.9%+58.6%1.88%-19.0%Med–highLow
AMZHHarvest Amazon High Income SharesSingle-stock 7213.4%+18.5%0.98%-24.0%Med–highLow
TGEDTD Active Global Enhanced DividendIndex 723.8%+5.6%0.72%-21.4%MediumVery high
UTESEvolve Canadian Utilities Enhanced Yield IndexEnhanced 1.25x 7320.0%+4.7%0.85%-12.4%MediumVery high
AMAXHamilton Gold Producer YIELD MAXIMIZER™Sector 7310.9%+0.0%0.80%-32.8%HighVery high
YAMDAMD (AMD) Yield Shares PurposeSingle-stock 1.25x 7320.1%+124.7%1.51%-32.7%HighHigh
AMDYHarvest AMD Enhanced High Income SharesSingle-stock 1.25x 7338.8%+126.4%1.89%-24.2%HighVery high
CNQEHarvest CNQ Enhanced High Income SharesSingle-stock 1.25x 7318.4%+41.7%1.88%-19.3%Med–highMedium
ZWABMO Covered Call Dow Jones Industrial Average Hedged to CADIndex 736.5%+6.7%0.72%-23.2%MediumLow
HVOIHarvest Low Volatility Canadian Equity IncomeIndex 736.6%+15.1%0.89%-4.3%MediumLow
HTAEHarvest Tech Leaders Enhanced IncomeEnhanced 1.25x 7411.7%+19.8%2.13%-16.8%HighMedium
ZWSBMO US High Dividend Covered Call Hedged to CADIndex 746.7%+8.3%0.71%-27.6%MediumLow
CNQYPurpose Canadian Natural Resources (CNQ) Yield SharesSingle-stock 1.25x 7414.5%+42.0%1.13%-19.3%Med–highLow
GOGYHarvest Alphabet Enhanced High Income SharesSingle-stock 1.25x 7422.4%-10.4%1.89%-26.4%HighMedium
APLEHarvest Apple Enhanced High Income SharesSingle-stock 1.25x 7413.1%+29.6%1.85%-9.9%Med–highMedium
HHISHarvest Diversified High Income SharesFund-of-funds 1.25x 7431.0%+3.7%1.85%-20.1%HighVery high
MPYMulvihill Premium YieldIndex 748.2%+7.7%0.70%-6.5%Low–medVery low
HBIGHarvest Balanced Income & GrowthFund-of-funds 748.0%+6.5%0.99%-4.3%Low–medVery low
HUBLHarvest US Bank Leaders IncomeSector 748.6%+10.1%0.99%-43.1%HighLow
NVHEHarvest NVIDIA Enhanced High Income SharesSingle-stock 1.25x 7430.1%+0.8%1.86%-28.8%Med–highVery high
RMAXHamilton REITs YIELD MAXIMIZER™Sector 7411.0%+4.8%0.80%-8.8%MediumMedium
UMAXHamilton Utilities YIELD MAXIMIZER™Sector 7412.1%+8.0%0.77%-7.6%MediumVery high
YAMZAmazon (AMZN) Yield Shares PurposeSingle-stock 1.25x 7411.9%+13.5%1.53%-25.2%HighVery high
ZWTBMO Covered Call TechnologySector 746.6%+10.3%0.72%-32.4%Med–highMedium
HGYGlobal X Gold YieldSector 748.5%-8.5%0.83%-37.5%MediumMedium
BASEEvolve Global Materials & Mining Enhanced Yield IndexSector 7412.0%+20.3%0.77%-31.7%HighLow
HHLHarvest Healthcare Leaders IncomeSector 749.1%+8.8%0.98%-25.7%MediumVery high
YGOGAlphabet (GOOGL) Yield Shares PurposeSingle-stock 1.25x 7417.5%-12.0%1.54%-28.0%HighMedium
BLOVBrompton North American Low Volatility DividendIndex 754.2%+13.0%0.76%-16.0%MediumVery low
YAVGBroadcom (AVGO) Yield Shares PurposeSingle-stock 1.25x 7542.3%-14.2%1.56%-25.2%Med–highMedium
ZWEBMO Europe High Dividend Covered Call Hedged to CADIndex 756.7%+9.7%0.72%-24.7%MediumMedium
EACLGlobal X Enhanced MSCI EAFE Covered CallEnhanced 1.25x 7511.5%+16.7%1.63%-6.9%MediumLow
GLCCGlobal X Gold Producer Equity Covered CallSector 7512.6%+0.4%0.76%-68.6%HighVery high
HHIHHarvest High Income Equity SharesIndex 7520.7%+5.3%0.99%-15.9%Med–highMedium
RUDCRBC U.S. Dividend Covered CallIndex 756.7%+15.8%0.73%-9.6%MediumVery low
AVGYHarvest Broadcom Enhanced High Income SharesSingle-stock 1.25x 7527.0%-15.3%1.89%-24.1%HighHigh
GRCCGlobal X Growth Asset Allocation Covered CallFund-of-funds 758.8%+10.5%0.71%-4.5%Low–medVery low
TLFBrompton Tech Leaders IncomeSector 7610.4%+11.3%0.85%-33.7%Med–highLow
BDIVBrompton Global Dividend GrowthIndex 767.1%+3.7%0.96%-22.8%MediumVery low
LIFEEvolve Global Healthcare Enhanced YieldSector 7611.9%+8.0%0.64%-12.1%MediumMedium
FMAXHamilton U.S. Financials YIELD MAXIMIZER™Sector 7611.9%+7.4%0.80%-12.0%MediumMedium
CNCCGlobal X S&P/TSX 60 Covered CallIndex 766.7%+15.9%0.50%-25.4%MediumMedium
YMAGTech Innovators Yield Shares PurposeEnhanced 1.25x 7620.0%+0.7%0.57%-25.5%Med–highMedium
EQCCGlobal X All-Equity Asset Allocation Covered CallFund-of-funds 769.7%+13.5%0.71%-8.0%MediumVery low
ZPHBMO US Put Write Hedged to CADIndex 7610.3%+7.7%0.72%-20.8%Low–medLow
ZWENBMO Covered Call EnergySector 767.0%+41.1%0.72%-14.3%HighMedium
ZWQTBMO Global Enhanced IncomeIndex 775.0%+16.2%0.72%-8.3%MediumLow
ZWPBMO Europe High Dividend Covered CallIndex 776.3%+9.6%0.73%-18.2%MediumMedium
CCDCCIBC Canadian High Dividend Covered CallIndex 777.8%+18.3%0.55%-4.3%MediumLow
PAYFPurpose Enhanced Premium YieldIndex 779.0%+6.4%0.94%-12.6%MediumLow
BFINBrompton North American Financials DividendSector 787.7%+13.1%0.95%-29.0%Med–highVery low
ZWHBMO US High Dividend Covered CallIndex 786.3%+12.1%0.72%-21.8%MediumHigh
CALLEvolve US Banks Enhanced YieldSector 7811.0%+13.4%0.62%-45.3%HighLow
CANYEvolve Canadian Equity UltraYieldEnhanced 1.33x 7820.2%+19.9%0.61%-2.7%Med–highHigh
ZPWBMO US Put WriteIndex 789.3%+10.6%0.72%-13.5%Low–medLow
ENCLGlobal X Enhanced Canadian Oil And Gas Equity Covered CallEnhanced 1.25x 7814.9%+30.9%1.88%-11.4%HighVery high
ZWGBMO Global High Dividend Covered CallIndex 786.3%+13.5%0.72%-13.8%Low–medMedium
QDAYHamilton Enhanced Technology DayMAX™Enhanced 1.25x 7820.5%+20.0%1.10%-15.3%HighMedium
EQLIInvesco S&P 500 Equal Weight Income AdvantageIndex 788.6%+16.5%0.20%-10.3%MediumMedium
YNVDNVIDIA (NVDA) Yield Shares PurposeSingle-stock 1.25x 7827.2%-6.5%1.50%-30.6%HighVery high
EMCCGlobal X MSCI Emerging Markets Covered CallIndex 7910.6%+14.5%0.78%-9.3%Mediumn/a
HBFHarvest US Equity Leaders IncomeIndex 798.5%+6.2%0.88%-22.4%MediumMedium
OILYEvolve Canadian Energy Enhanced Yield IndexEnhanced 1.25x 7916.2%+28.3%0.86%-11.3%HighMedium
NVDHHarvest NVIDIA High Income SharesSingle-stock 7921.7%+3.2%0.98%-24.2%Med–highMedium
SDAYHamilton Enhanced U.S. Equity DayMAX™Enhanced 1.25x 7917.2%+26.3%1.05%-4.0%MediumMedium
EACCGlobal X MSCI EAFE Covered CallIndex 799.2%+13.8%0.60%-5.3%Low–medn/a
ZWCBMO Canadian High Dividend Covered CallIndex 806.3%+18.5%0.72%-24.4%MediumVery high
CBNKMulvihill Canadian Bank Enhanced YieldEnhanced 1.25x 809.0%+53.3%0.65%-28.3%Med–highMedium
HTAHarvest Tech Leaders IncomeSector 809.5%+16.5%0.99%-36.7%Med–highMedium
QMAXHamilton Technology YIELD MAXIMIZER™Sector 8011.8%+8.7%0.77%-18.7%MediumVery high
HRIFHarvest Diversified Equity IncomeFund-of-funds 808.8%+12.2%0.99%-10.4%MediumVery low
HUTEHarvest Utilities Leaders Enhanced IncomeEnhanced 1.25x 8010.0%+11.0%1.72%-14.0%MediumMedium
ZWUBMO Covered Call UtilitiesSector 807.4%+6.1%0.71%-20.7%MediumVery high
QQCIInvesco NASDAQ 100 Income AdvantageIndex 8010.3%+10.6%0.21%-12.5%MediumMedium
USCLGlobal X Enhanced S&P 500 Covered CallEnhanced 1.25x 8012.4%+14.8%1.49%-14.6%Med–highMedium
BGIEBrompton Global InfrastructureSector 806.4%+3.7%0.85%-13.8%MediumMedium
ESPXEvolve S&P 500® Enhanced YieldIndex 8010.8%+7.1%0.66%-9.0%MediumLow
RCDCRBC Canadian Dividend Covered CallIndex 806.7%+21.2%0.73%-8.5%MediumMedium
HLIFHarvest Canadian Dividend Leaders IncomeIndex 816.5%+23.0%0.79%-10.1%MediumMedium
ENCCGlobal X Canadian Oil and Gas Equity Covered CallSector 8111.7%+25.5%0.76%-86.6%HighVery high
ZPAYBMO Premium YieldIndex 816.9%+12.7%0.71%-11.5%Low–medHigh
BKCLGlobal X Enhanced Equal Weight Canadian Banks Covered CallEnhanced 1.25x 8111.3%+37.0%1.51%-15.2%Med–highHigh
ETSXEvolve S&P/TSX 60 Enhanced YieldIndex 829.1%+15.1%0.68%-7.9%MediumLow
USCCGlobal X S&P 500 Covered CallIndex 829.7%+12.5%0.47%-15.8%MediumMedium
TXFCI Tech Giants Covered CallSector 8214.0%+11.6%0.71%-38.3%Med–highHigh
BMAXBrompton Enhanced Multi-Asset IncomeFund-of-funds 1.33x 8210.9%+7.8%1.17%-6.3%MediumMedium
PDIVPurpose Enhanced DividendIndex 8211.7%+12.8%0.79%-26.0%Low–medMedium
ZWBBMO Covered Call Canadian BanksSector 826.6%+35.2%0.72%-24.7%MediumVery high
CDAYHamilton Enhanced Canadian Equity DayMAX™Enhanced 1.25x 8218.6%+26.3%1.04%-3.8%MediumMedium
FEPYFidelity Equity Premium YieldIndex 839.8%+13.1%0.44%-12.2%MediumMedium
EBNKEvolve European Banks Enhanced YieldSector 8310.6%+19.8%0.87%-20.1%HighMedium
HYLDHamilton Enhanced U.S. Covered CallFund-of-funds 1.25x 8313.3%+11.8%1.87%-29.8%MediumVery high
JEPQJPMorgan Nasdaq Equity Premium Income ActiveIndex 8312.2%+7.6%0.39%-13.0%n/aVery high
HDIFHarvest Diversified Monthly IncomeFund-of-funds 1.25x 8311.7%+15.1%2.08%-20.8%MediumHigh
SMAXHamilton U.S. Equity YIELD MAXIMIZER™Index 8311.1%+14.2%0.76%-13.6%MediumMedium
HDIVHamilton Enhanced Canadian Covered CallFund-of-funds 1.25x 8410.1%+21.2%0.97%-19.4%MediumVery high
HHICHarvest Canadian High Income SharesEnhanced 1.25x 8418.1%+15.2%1.45%-4.2%MediumVery high
HUTLHarvest Utilities Leaders IncomeSector 848.2%+9.7%0.64%-20.9%MediumHigh
QQQYEvolve NASDAQ Technology Enhanced Yield IndexSector 8414.6%+6.7%0.72%-13.7%Med–highMedium
BKCCGlobal X Equal Weight Canadian Bank Covered CallSector 849.0%+29.7%0.46%-28.8%MediumHigh
QQCLGlobal X Enhanced Nasdaq-100 Covered CallEnhanced 1.25x 8415.3%+11.3%1.71%-15.8%HighVery high
ECHINinepoint Enhanced Canadian HighSharesFund-of-funds 1.25x 8516.3%+19.5%1.88%-3.8%MediumVery high
DXQDynamic Active Enhanced Yield Covered OptionsIndex 858.5%+5.7%0.71%-8.3%Low–medVery high
QQCCGlobal X Nasdaq-100 Covered CallIndex 8511.8%+9.7%0.86%-26.6%MediumHigh
HMAXHamilton Canadian Financials YIELD MAXIMIZER™Sector 8711.6%+24.5%0.77%-13.2%MediumVery high
BANKEvolve Canadian Banks and Lifecos Enhanced Yield IndexEnhanced 1.25x 9016.1%+38.6%0.82%-20.2%Med–highVery high
BDAYHamilton Enhanced Bitcoin DayMAX™Enhanced 1.25x newn/a18.9%–0.85%-14.4%HighMedium
CFINEvolve Canadian Financials YieldSector newn/a12.6%–0.60%–MediumVery low
CLHINinepoint Celestica HighSharesSingle-stock 1.33x newn/a55.4%–2.30%-46.7%HighMedium
CMAXHamilton Canadian Equity YIELD MAXIMIZER™Fund-of-funds newn/a11.4%––-2.5%MediumMedium
CMCCGlobal X All-In-One Commodity Producers Equity Covered CallFund-of-funds newn/a13.2%–0.65%-13.6%Med–highLow
CMCLGlobal X Enhanced All-In-One Commodity Producers Equity Covered CallFund-of-funds 1.25x newn/a16.6%–0.85%-17.0%HighMedium
CONYHarvest Coinbase High Income SharesSingle-stock newn/a40.8%–0.98%-25.8%HighLow
CPCCGlobal X Copper Producer Equity Covered CallSector newn/a13.5%–0.73%-19.4%HighMedium
CSHINinepoint Constellation Software HighSharesSingle-stock 1.33x newn/a9.4%–1.90%-9.3%HighVery low
CUTEEvolve Canadian Utilities YieldSector newn/a15.4%–0.60%–MediumVery low
EASYEvolve All-in-One UltraYieldFund-of-funds 1.33x newn/a27.9%––-4.8%Med–highHigh
EDHINinepoint Enhanced Aerospace and Defense HighSharesEnhanced 1.33x newn/a15.3%–0.55%–HighLow
EQCLGlobal X Enhanced All-Equity Asset Allocation Covered CallFund-of-funds 1.25x newn/a12.1%–1.63%-4.3%MediumMedium
GIDYGuardian i3 Global Dividend Premium YieldIndex newn/a4.5%–0.89%-1.4%MediumVery low
GLCLGlobal X Enhanced Gold Producer Equity Covered CallEnhanced 1.25x newn/a15.7%–1.74%-42.0%HighMedium
GOHINinepoint Alphabet HighSharesSingle-stock 1.33x newn/a24.8%–2.49%-28.5%HighLow
HHIIHarvest International High Income SharesEnhanced 1.25x newn/a18.0%–0.65%–HighMedium
HONEHarvest All-In-One High Income SharesFund-of-funds 1.25x newn/a––––Med–highHigh
HPYBHarvest Premium Yield Canadian BankSector newn/a13.0%–0.65%-2.3%MediumMedium
HPYEHarvest Premium Yield EnhancedIndex newn/a14.1%–0.65%-3.5%MediumMedium
HPYGHarvest Premium Yield GoldSector newn/a––0.65%–HighMedium
IMAXHamilton International Equity YIELD MAXIMIZER™Index newn/a9.9%–0.65%-2.2%MediumMedium
INHINinepoint Intel HighSharesSingle-stock 1.33x newn/a77.7%–2.77%-64.7%HighLow
INTYEvolve International Equity UltraYieldEnhanced 1.33x newn/a30.7%–0.60%-6.2%Med–highMedium
JEPHJPMorgan US Equity Premium Income Active CAD HedgedIndex newn/a7.4%–0.35%-1.8%n/aVery low
JPQHJPMorgan Nasdaq Equity Premium Income Active CAD HedgedIndex newn/a13.5%–0.35%-6.7%n/aLow
KGHINinepoint Kinross Gold HighSharesSingle-stock 1.33x newn/a30.9%–1.90%-38.7%HighLow
METEHarvest Meta Enhanced High Income SharesSingle-stock 1.25x newn/a22.0%–1.89%-22.8%HighMedium
MHDCMackenzie Canadian High Dividend YieldIndex newn/a4.8%–0.62%–n/an/a
MHDUMackenzie US High Dividend YieldIndex newn/a4.8%–0.63%–n/an/a
MOATMoat Active Premium YieldIndex newn/a13.3%–1.47%-0.9%Low–medMedium
NICCNBI SmartData International Equity Covered CallIndex newn/a––0.50%–MediumVery low
NUCCNBI SmartData U.S. Equity Covered CallIndex newn/a––0.40%–Mediumn/a
NVHINinepoint NVIDIA HighSharesSingle-stock 1.33x newn/a34.2%–2.97%-31.3%HighLow
PAYGBrompton Global Equity HighPayEnhanced 1.25x newn/a19.6%–0.73%-4.4%MediumMedium
PAYIBrompton Utilities & Infrastructure HighPayEnhanced 1.25x newn/a17.4%–0.60%–MediumLow
PAYUBrompton U.S. Equity HighPayEnhanced 1.25x newn/a20.9%–0.60%–MediumVery low
PLHINinepoint Palantir HighSharesSingle-stock 1.33x newn/a26.8%–3.06%-25.6%HighLow
PLTEHarvest Palantir Enhanced High Income SharesSingle-stock 1.25x newn/a33.2%–1.89%-25.5%HighVery high
SIXYEvolve Big Six Canadian Banks UltraYield IndexEnhanced 1.33x newn/a21.6%–0.60%-4.7%HighVery high
SVCCGlobal X Silver Miners Covered CallSector newn/a15.1%–0.65%-24.4%HighLow
SVCLGlobal X Enhanced Silver Miners Covered CallEnhanced 1.25x newn/a19.3%–0.85%-29.0%HighLow
SXHINinepoint SpaceX HighSharesSingle-stock 1.33x newn/a38.6%–2.71%-43.4%HighMedium
TECYEvolve NASDAQ Technology UltraYieldFund-of-funds 1.33x newn/a––––HighVery low
TSHINinepoint Tesla HighSharesSingle-stock 1.33x newn/a29.4%–2.48%-33.2%HighVery low
URCCGlobal X Uranium Covered CallSector newn/a19.6%–0.65%-31.8%HighLow
USHINinepoint Enhanced U.S. Equity HighSharesEnhanced 1.33x newn/a15.9%–0.40%–Med–highLow
WHYPWestcourt Hamilton Yield PortfolioFund-of-funds newn/a10.3%–0.90%–Low–medLow
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.

  1. QQCC Global X Nasdaq-100 Covered Call ETF Global X · 11.8% yield 85
  2. QQCL Global X Enhanced Nasdaq-100 Covered Call ETF Global X · 15.3% yield 84
  3. QQQY Evolve NASDAQ Technology Enhanced Yield Index Fund Evolve · 14.6% yield 84
  4. JEPQ JPMorgan Nasdaq Equity Premium Income Active ETF JPMorgan · 12.2% yield 83
  5. QQCI Invesco NASDAQ 100 Income Advantage ETF Invesco · 10.3% yield 80
  6. JPQH JPMorgan Nasdaq Equity Premium Income Active ETF CAD Hedged JPMorgan · 13.5% yield n/a
  7. 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.