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All funds Evolve

Evolve covered call and yield ETFs

We track 26 Evolve funds: 7 enhanced covered call, 7 sector covered call, 4 cash and hisa, 3 bond covered call, 2 fund-of-funds covered call, 2 index covered call and 1 preferred share. The highest on our Income Durability Score are MIDB (50), AGG (56) and BIGY (57).

Yields, fees and holdings are from Evolve's own published documents; each fund page links to its official page.

CompareTicker ⇅FundTypeScore ▲Yield ⇅1-yr return ⇅Fee ⇅Worst drop ⇅Liquidity ⇅
MIDBEvolve Enhanced Yield Mid Term Bond FundBond 5010.7%-3.4%0.75%-6.3%Low
AGGEvolve Canadian Aggregate Bond Enhanced Yield FundBond 566.7%-0.7%0.77%-2.8%Low
BIGYEvolve US Equity UltraYield ETFEnhanced 1.33x 5731.3%-12.1%0.61%-23.6%Very high
BONDEvolve Enhanced Yield Bond FundBond 5813.7%-5.5%0.78%-10.6%Medium
UTESEvolve Canadian Utilities Enhanced Yield Index FundEnhanced 1.25x 7320.3%+3.0%0.85%-12.4%Very high
BASEEvolve Global Materials & Mining Enhanced Yield Index ETFSector 7512.3%+17.1%0.77%-31.7%Low
LIFEEvolve Global Healthcare Enhanced Yield FundSector 7612.2%+5.7%0.64%-12.1%Medium
DIVSEvolve Active Canadian Preferred Share FundPreferred 765.2%+6.6%0.89%-38.4%Very low
CANYEvolve Canadian Equity UltraYield ETFEnhanced 1.33x 7820.7%+17.2%0.61%-2.7%High
CALLEvolve US Banks Enhanced Yield FundSector 7811.1%+13.1%0.62%-45.3%Medium
OILYEvolve Canadian Energy Enhanced Yield Index FundEnhanced 1.25x 7915.1%+37.7%0.86%-11.3%Medium
ESPXEvolve S&P 500® Enhanced Yield FundIndex 8010.7%+7.8%0.66%-9.0%Low
ETSXEvolve S&P/TSX 60 Enhanced Yield FundIndex 829.2%+13.4%0.68%-7.9%Low
QQQYEvolve NASDAQ Technology Enhanced Yield Index FundSector 8414.3%+9.0%0.72%-13.5%Medium
EBNKEvolve European Banks Enhanced Yield ETFSector 8411.4%+11.4%0.87%-20.1%Medium
BANKEvolve Canadian Banks and Lifecos Enhanced Yield Index FundEnhanced 1.25x 9016.1%+38.8%0.82%-20.2%Very high
CFINEvolve Canadian Financials Yield FundSector newn/a12.4%–0.60%–Very low
CUTEEvolve Canadian Utilities Yield FundSector newn/a15.5%–0.60%–Very low
EASYEvolve All-in-One UltraYield ETFFund-of-funds 1.33x newn/a28.2%––-4.8%High
HISAHigh Interest Savings Account FundCash newn/a2.3%+2.0%0.16%0.0%Very high
HISUUS High Interest Savings Account FundCash newn/a––0.16%–n/a
INTYEvolve International Equity UltraYield ETFEnhanced 1.33x newn/a31.0%–0.60%-6.2%Medium
MCADPremium Cash Management FundCash newn/a2.5%+2.1%0.27%-0.1%Low
MUSDUS Premium Cash Management FundCash newn/a––0.28%–n/a
SIXYEvolve Big Six Canadian Banks UltraYield Index ETFEnhanced 1.33x newn/a21.8%–0.60%-4.7%Very high
TECYEvolve NASDAQ Technology UltraYield ETFFund-of-funds 1.33x newn/a––––Very 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 →

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 →

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