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All funds Fund of funds

Covered call ETF portfolios in Canada

These funds hold other covered call ETFs, often from the same provider, for a diversified income in one ticker.

You pay the fees of the funds underneath as well as the top fund, so check the MER.

On our Income Durability Score, the top 3 are HBIE (71), HHIS (74) and HBIG (74), out of 19 funds from 6 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 ⇅Liquidity ⇅
HBIEHarvest Balanced Income & Growth Enhanced ETFFund-of-funds 1.25x 7110.4%+6.5%2.27%-4.8%Very low
HHISHarvest Diversified High Income Shares ETFFund-of-funds 1.25x 7431.0%+3.7%1.85%-20.1%Very high
HBIGHarvest Balanced Income & Growth ETFFund-of-funds 748.1%+6.0%0.99%-4.3%Very low
GRCCGlobal X Growth Asset Allocation Covered Call ETFFund-of-funds 768.9%+9.4%0.71%-4.5%Very low
EQCCGlobal X All-Equity Asset Allocation Covered Call ETFFund-of-funds 769.9%+12.0%0.71%-8.0%Low
HRIFHarvest Diversified Equity Income ETFFund-of-funds 808.8%+12.3%0.99%-10.4%Very low
ECHINinepoint Enhanced Canadian HighShares ETFFund-of-funds 1.25x 8016.5%+18.5%1.88%-4.2%Very high
BMAXBrompton Enhanced Multi-Asset Income ETFFund-of-funds 1.33x 8210.9%+7.5%1.17%-6.3%Medium
HDIFHarvest Diversified Monthly Income ETFFund-of-funds 1.25x 8311.8%+14.3%2.08%-20.8%High
HYLDHamilton Enhanced U.S. Covered Call ETFFund-of-funds 1.25x 8313.3%+11.9%1.87%-29.8%Very high
HDIVHamilton Enhanced Canadian Covered Call ETFFund-of-funds 1.25x 8410.3%+19.6%0.97%-19.4%Very high
CMAXHamilton Canadian Equity YIELD MAXIMIZER™ ETFFund-of-funds newn/a11.6%––-2.5%Low
CMCCGlobal X All-In-One Commodity Producers Equity Covered Call ETFFund-of-funds newn/a13.5%–0.65%-13.6%Low
CMCLGlobal X Enhanced All-In-One Commodity Producers Equity Covered Call ETFFund-of-funds 1.25x newn/a17.3%–0.85%-17.8%Medium
EASYEvolve All-in-One UltraYield ETFFund-of-funds 1.33x newn/a28.2%––-4.8%High
EQCLGlobal X Enhanced All-Equity Asset Allocation Covered Call ETFFund-of-funds 1.25x newn/a12.3%–1.63%-4.3%Medium
HONEHarvest All-In-One High Income Shares ETFFund-of-funds 1.25x newn/a––––High
TECYEvolve NASDAQ Technology UltraYield ETFFund-of-funds 1.33x newn/a––––Very low
WHYPWestcourt Hamilton Yield Portfolio ETFFund-of-funds newn/a10.4%–0.90%–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. How we score.