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 (12) and CNYE (13), out of 261 funds from 20 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 ⇅
MSTEHarvest MicroStrategy Enhanced High Income Shares ETFSingle-stock 1.25x 1047.4%-32.9%1.89%-82.8%Very high
MSTYHarvest Strategy Inc. High Income Shares ETFSingle-stock 1235.9%-24.1%0.80%-78.9%Medium
CNYEHarvest Coinbase Enhanced High Income Shares ETFSingle-stock 1.25x 1351.7%-47.8%1.89%-65.8%Medium
CRCYHarvest Circle Enhanced High Income Shares ETFSingle-stock 1.25x 1362.1%-18.6%1.82%-61.8%Medium
RDDYHarvest Reddit Enhanced High Income Shares ETFSingle-stock 1.25x 1570.3%-58.4%1.82%-62.3%Medium
SOFYHarvest SoFi Enhanced High Income Shares ETFSingle-stock 1.25x 1731.2%-42.0%1.80%-50.9%Medium
NFLYHarvest Netflix Enhanced High Income Shares ETFSingle-stock 1.25x 1724.9%-47.6%1.89%-57.8%Medium
YCONCoinbase (COIN) Yield Shares Purpose ETFSingle-stock 1.25x 1849.6%-47.3%1.62%-63.7%Medium
TYPurpose Telus (T) Yield Shares ETFSingle-stock 1.25x 1915.7%-31.3%1.22%-49.9%Very low
HODYHarvest Robinhood Enhanced High Income Shares ETFSingle-stock 1.25x 2047.5%-40.7%1.84%-58.1%Medium
ETHYPurpose Ether Yield ETFSector 2121.3%-35.5%2.62%-73.3%Medium
HBIXHarvest Bitcoin Enhanced Income ETFEnhanced 1.25x 2122.4%-20.7%2.79%-53.0%Medium
TEHEHarvest TELUS Enhanced High Income Shares ETFSingle-stock 1.25x 2315.8%-31.5%1.86%-47.3%Low
TSLYHarvest Tesla Enhanced High Income Shares ETFSingle-stock 1.25x 2428.6%-5.6%1.88%-43.5%Very high
YNETNetflix (NFLX) Yield Shares Purpose ETFSingle-stock 1.25x 2519.2%-47.9%1.58%-59.0%Medium
BCCLGlobal X Enhanced Bitcoin Covered Call ETFEnhanced 1.25x 3130.4%-16.6%2.10%-52.1%Medium
YUNHUnitedHealth Group (UNH) Yield Shares Purpose ETFSingle-stock 1.25x 3218.2%+20.9%1.51%-58.2%Low
BCCCGlobal X Bitcoin Covered Call ETFSector 3323.9%-15.1%1.09%-44.0%Medium
HPYTHarvest Premium Yield Treasury ETFBond 419.8%-6.3%0.68%-12.7%High
BCHINinepoint BCE HighShares ETFSingle-stock 1.25x 4316.8%-11.0%1.67%-20.5%Low
PAYLGlobal X Long-Term Government Bond Premium Yield ETFBond 449.2%-3.7%0.75%-8.7%Very low
PAYMGlobal X Mid-Term Government Bond Premium Yield ETFBond 467.2%-1.8%0.66%-4.4%Very low
YMETMeta (META) Yield Shares Purpose ETFSingle-stock 1.25x 4631.0%-12.8%1.53%-36.0%Medium
CCBDCI U.S. Aggregate Bond Covered Call ETFBond 465.4%-5.2%0.57%-10.3%Very low
RNCLGlobal X Enhanced Equal Weight Canadian Telecommunications Covered Call ETFEnhanced 1.25x 4814.2%-19.0%1.96%-26.6%Very low
HPYMHarvest Premium Yield 7-10 Year Treasury ETFBond 496.2%-4.4%0.69%-6.4%Medium
RNCCGlobal X Equal Weight Canadian Telecommunications Covered Call ETFSector 4911.8%-13.8%0.55%-19.9%Low
HBNDHamilton U.S. Bond YIELD MAXIMIZER™ ETFBond 509.5%-6.6%0.65%-13.4%Medium
SHHINinepoint Shopify HighShares ETFSingle-stock 1.25x 5027.3%-15.7%1.48%-35.4%Medium
MIDBEvolve Enhanced Yield Mid Term Bond FundBond 5010.7%-3.4%0.75%-6.3%Low
HBILHamilton U.S. T-Bill YIELD MAXIMIZER™ ETFBond 504.5%+0.2%0.49%-1.5%Medium
CUTLCI Utilities Giants Covered Call ETFSector 525.3%-1.6%0.69%-14.1%Very low
CCHINinepoint Cameco HighShares ETFSingle-stock 1.25x 5338.1%-18.1%1.34%-42.1%Medium
BCEEHarvest BCE Enhanced High Income Shares ETFSingle-stock 1.25x 5320.1%-9.4%1.87%-20.0%Medium
CCOEHarvest Cameco Enhanced High Income Shares ETFSingle-stock 1.25x 5428.2%-20.7%1.88%-42.4%Medium
YTSLTesla (TSLA) Yield Shares Purpose ETFSingle-stock 1.25x 5424.5%-6.1%1.52%-40.8%Very high
BTCYPurpose Bitcoin Yield ETFSector 5410.8%-22.1%2.41%-64.5%Medium
AGCCGlobal X Silver Covered Call ETFSector 5515.1%-17.6%1.20%-45.5%Low
PAYSGlobal X Short-Term Government Bond Premium Yield ETFBond 555.3%-0.1%0.55%-1.4%Low
HGRHarvest REIT Leaders Income ETFSector 557.3%-2.4%0.99%-40.5%Low
LPAYGlobal X Long-Term U.S. Treasury Premium Yield ETFBond 5511.0%-3.8%0.59%-8.4%Low
FHICI Health Care Giants Covered Call ETFSector 567.3%+15.5%0.72%-15.3%Low
MSFYMicrosoft (MSFT) Yield Shares Purpose ETFSingle-stock 1.25x 5618.8%-1.0%1.54%-34.3%Medium
ENHINinepoint Enbridge HighShares ETFSingle-stock 1.25x 5612.9%+2.2%1.60%-16.4%Low
AGGEvolve Canadian Aggregate Bond Enhanced Yield FundBond 566.7%-0.7%0.77%-2.8%Low
AEMEHarvest Agnico Eagle Enhanced High Income Shares ETFSingle-stock 1.25x 5726.2%-16.8%1.87%-46.8%Medium
BIGYEvolve US Equity UltraYield ETFEnhanced 1.33x 5731.3%-12.1%0.61%-23.6%Very high
DOLYPurpose Dollarama (DOL) Yield Shares ETFSingle-stock 1.25x 578.3%+1.3%1.21%-19.4%Very low
SHPEHarvest Shopify Enhanced High Income Shares ETFSingle-stock 1.25x 5736.0%-21.6%1.88%-36.9%Medium
NXFCI Energy Giants Covered Call ETFSector 579.4%+43.4%0.71%-57.4%Low
BONDEvolve Enhanced Yield Bond FundBond 5813.7%-5.5%0.78%-10.6%Medium
RYHINinepoint RY-Linked HighShares ETFSingle-stock 1.25x 588.8%+32.4%1.60%-7.3%Low
CGXFCI Gold+ Giants Covered Call ETFSector 5910.4%-12.3%0.72%-57.9%Medium
BNYPurpose Brookfield (BN) Yield Shares ETFSingle-stock 1.25x 5911.4%-15.2%1.14%-22.6%Low
FLICI U.S. & Canada Lifeco Covered Call ETFSector 606.1%+20.0%0.95%-41.5%Very low
HBTEHarvest Bitcoin Leaders Enhanced Income ETFEnhanced 1.25x 6045.1%-24.5%2.49%-45.5%High
TDHINinepoint TD-Linked HighShares ETFSingle-stock 1.25x 609.0%+52.1%1.55%-4.3%Low
YCSTCostco (COST) Yield Shares Purpose ETFSingle-stock 1.25x 6015.0%+15.3%1.50%-17.5%Low
CICCI Canadian Banks Covered Call Income Class ETFSector 615.1%+31.8%0.80%-23.5%Medium
CRHINinepoint CNR HighShares ETFSingle-stock 1.25x 619.5%+38.5%1.35%-5.9%Low
SPAYGlobal X Short-Term U.S. Treasury Premium Yield ETFBond 616.3%+2.0%0.44%-4.6%Medium
MSHEHarvest Microsoft Enhanced High Income Shares ETFSingle-stock 1.25x 6216.8%+2.7%1.87%-32.4%Medium
HIGBrompton Global Healthcare Income & Growth ETFSector 636.1%+2.7%0.85%-23.4%Very low
MPAYGlobal X Mid-Term U.S. Treasury Premium Yield ETFBond 648.7%-1.0%0.51%-6.4%High
ZWGDBMO Covered Call Spread Gold Bullion ETFSector 646.3%-8.1%0.72%-23.4%Low
ABHINinepoint Barrick HighShares ETFSingle-stock 1.25x 6426.6%-9.9%1.58%-28.2%Low
APLYApple (AAPL) Yield Shares Purpose ETFSingle-stock 1.25x 645.4%+16.4%1.58%-23.7%Medium
NRGINinepoint Energy Income Fund - ETF SeriesSector 6511.3%+38.6%5.09%-28.0%Medium
GGEPGuardian Directed Equity Path ETFIndex 654.1%+2.9%1.09%-12.2%Very low
SHPYPurpose Shopify (SHOP) Yield Shares ETFSingle-stock 1.25x 6537.4%-14.2%1.16%-35.6%Medium
BNSYPurpose Scotiabank (BNS) Yield Shares ETFSingle-stock 1.25x 667.8%+37.5%1.14%-8.2%Low
SUHINinepoint Suncor HighShares ETFSingle-stock 1.25x 6613.1%+65.8%1.71%-19.9%Low
RBCYPurpose RBC (RY) Yield Shares ETFSingle-stock 1.25x 667.7%+34.4%1.19%-3.6%Very low
TDYPurpose TD (TD) Yield Shares ETFSingle-stock 1.25x 666.7%+51.5%1.07%-5.8%Low
ENBEHarvest Enbridge Enhanced High Income Shares ETFSingle-stock 1.25x 6613.7%+3.3%1.88%-14.8%Medium
LLHEHarvest Eli Lilly Enhanced High Income Shares ETFSingle-stock 1.25x 6617.0%+38.8%1.86%-26.7%High
TDHEHarvest Enhanced High Income TD-Linked Shares ETFSingle-stock 1.25x 6710.0%+52.7%1.88%-3.9%Very low
CQHINinepoint Canadian Natural Resources HighShares ETFSingle-stock 1.25x 6714.4%+56.0%1.60%-18.0%Low
TUEXTD Active U.S. Enhanced Dividend CAD Hedged ETFIndex 673.0%+1.7%0.72%-10.6%Very low
COSYHarvest Costco Enhanced High Income Shares ETFSingle-stock 1.25x 6713.0%+11.8%1.89%-16.1%Medium
ENBYPurpose Enbridge (ENB) Yield Shares ETFSingle-stock 1.25x 6714.7%+2.6%1.11%-15.2%Low
YPLTPalantir (PLTR) Yield Shares Purpose ETFSingle-stock 1.25x 6724.1%+1.3%1.47%-46.5%Medium
MSFHHarvest Microsoft High Income Shares ETFSingle-stock 6813.7%+3.7%0.98%-26.3%Medium
RYHEHarvest Enhanced High Income RY-Linked Shares ETFSingle-stock 1.25x 6810.2%+34.0%1.88%-5.0%Low
TUEDTD Active U.S. Enhanced Dividend ETFIndex 682.8%+4.6%0.72%-19.8%High
GGPYGuardian Directed Premium Yield ETFIndex 687.2%+5.7%1.02%-18.7%Low
HHLEHarvest Healthcare Leaders Enhanced Income ETFEnhanced 1.25x 6812.1%+7.6%2.15%-20.1%Medium
RSCCGlobal X Russell 2000 Covered Call ETFIndex 6813.7%+13.9%0.78%-18.1%Low
HPFHarvest Energy Leaders Income ETFSector 697.0%+49.9%0.99%-60.1%Low
CNCLGlobal X Enhanced S&P/TSX 60 Covered Call ETFEnhanced 1.25x 698.3%+18.7%1.66%-9.0%Low
EMAXHamilton Energy YIELD MAXIMIZER™ ETFSector 6910.0%+37.5%0.80%-21.8%Very high
ZWHCBMO Covered Call Health Care ETFSector 696.3%+10.5%0.73%-13.2%Low
CUDCCIBC US High Dividend Covered Call ETFIndex 697.7%+2.1%0.55%-7.3%Very low
LLYHHarvest Eli Lilly High Income Shares ETFSingle-stock 6913.9%+32.8%0.98%-19.0%Low
TRVIHarvest Travel & Leisure Income ETFSector 7011.0%+6.7%0.99%-18.3%Very low
LMAXHamilton Healthcare YIELD MAXIMIZER™ ETFSector 7011.6%+10.8%0.80%-13.8%Medium
JEPIJPMorgan US Equity Premium Income Active ETFIndex 716.6%+5.1%0.39%-9.9%High
CCCBCIBC Canadian Banks Covered Call ETFSector 716.6%+35.3%0.39%-5.3%Very low
AMHEHarvest Amazon Enhanced High Income Shares ETFSingle-stock 1.25x 7117.9%+10.6%1.88%-29.6%High
HINDHarvest Industrial Leaders Income ETFSector 717.6%+17.6%0.99%-11.7%Low
PYFPurpose Premium Yield FundIndex 716.5%+3.8%0.72%-13.8%Medium
HBIEHarvest Balanced Income & Growth Enhanced ETFFund-of-funds 1.25x 7110.4%+6.5%2.27%-4.8%Very low
BRKYBerkshire Hathaway (BRK) Yield Shares Purpose ETFSingle-stock 1.25x 726.3%+7.9%1.59%-14.7%Medium
CNQYPurpose Canadian Natural Resources (CNQ) Yield Shares ETFSingle-stock 1.25x 7213.0%+58.6%1.13%-19.3%Medium
ZWKBMO Covered Call US Banks ETFSector 727.1%+11.9%0.71%-42.8%Medium
EMCLGlobal X Enhanced MSCI Emerging Markets Covered Call ETFEnhanced 1.25x 7213.9%+14.0%1.83%-11.8%Low
EDGFBrompton European Dividend Growth ETFIndex 727.7%+1.2%0.86%-27.8%Very low
SUHEHarvest Suncor Enhanced High Income Shares ETFSingle-stock 1.25x 7215.1%+77.2%1.88%-19.0%Low
TGEDTD Active Global Enhanced Dividend ETFIndex 723.8%+5.8%0.72%-21.4%Very high
UTESEvolve Canadian Utilities Enhanced Yield Index FundEnhanced 1.25x 7320.3%+3.0%0.85%-12.4%Very high
YAMDAMD (AMD) Yield Shares Purpose ETFSingle-stock 1.25x 7321.7%+108.2%1.51%-32.7%High
CNQEHarvest CNQ Enhanced High Income Shares ETFSingle-stock 1.25x 7316.6%+57.1%1.88%-19.3%Medium
HTAEHarvest Tech Leaders Enhanced Income ETFEnhanced 1.25x 7311.3%+23.7%2.13%-16.8%Medium
AMDYHarvest AMD Enhanced High Income Shares ETFSingle-stock 1.25x 7342.2%+108.1%1.89%-25.1%Very high
HVOIHarvest Low Volatility Canadian Equity Income ETFIndex 736.7%+14.1%0.89%-4.3%Low
ZWABMO Covered Call Dow Jones Industrial Average Hedged to CAD ETFIndex 736.6%+5.8%0.72%-23.2%Low
ZWSBMO US High Dividend Covered Call Hedged to CAD ETFIndex 736.7%+9.6%0.71%-27.6%Low
AMZHHarvest Amazon High Income Shares ETFSingle-stock 7314.4%+10.2%0.98%-24.0%Low
GOGYHarvest Alphabet Enhanced High Income Shares ETFSingle-stock 1.25x 7323.4%-14.3%1.89%-26.5%Medium
QDAYHamilton Enhanced Technology DayMAX™ ETFEnhanced 1.25x 7420.5%+20.0%1.10%-15.3%Very low
ZWTBMO Covered Call Technology ETFSector 746.7%+9.8%0.72%-32.4%Medium
HHISHarvest Diversified High Income Shares ETFFund-of-funds 1.25x 7431.0%+3.7%1.85%-20.1%Very high
MPYMulvihill Premium Yield FundIndex 748.3%+6.4%0.70%-6.5%Very low
TXFCI Tech Giants Covered Call ETFSector 7413.5%+15.6%0.71%-38.3%High
HBIGHarvest Balanced Income & Growth ETFFund-of-funds 748.1%+6.0%0.99%-4.3%Very low
RMAXHamilton REITs YIELD MAXIMIZER™ ETFSector 7411.2%+2.9%0.80%-8.8%Medium
HUBLHarvest US Bank Leaders Income ETFSector 748.7%+9.4%0.99%-43.1%Low
NVHEHarvest NVIDIA Enhanced High Income Shares ETFSingle-stock 1.25x 7424.2%+25.6%1.86%-26.7%Very high
UMAXHamilton Utilities YIELD MAXIMIZER™ ETFSector 7412.4%+5.7%0.77%-7.6%Very high
EACCGlobal X MSCI EAFE Covered Call ETFIndex 749.4%+11.5%0.60%-5.3%Very low
HGYGlobal X Gold Yield ETFSector 748.7%-11.1%0.83%-37.5%Medium
YGOGAlphabet (GOOGL) Yield Shares Purpose ETFSingle-stock 1.25x 7418.0%-14.8%1.54%-28.1%Medium
BLOVBrompton North American Low Volatility Dividend ETFIndex 754.2%+12.6%0.76%-16.0%Very low
HHLHarvest Healthcare Leaders Income ETFSector 759.3%+6.8%0.98%-25.7%Very high
YAVGBroadcom (AVGO) Yield Shares Purpose ETFSingle-stock 1.25x 7542.4%-14.3%1.56%-25.2%Medium
BASEEvolve Global Materials & Mining Enhanced Yield Index ETFSector 7512.3%+17.1%0.77%-31.7%Low
AMAXHamilton Gold Producer YIELD MAXIMIZER™ ETFSector 7512.4%-11.7%0.80%-32.8%Very high
TLFBrompton Tech Leaders Income ETFSector 7510.2%+13.9%0.85%-33.7%Low
APLEHarvest Apple Enhanced High Income Shares ETFSingle-stock 1.25x 7514.0%+20.9%1.85%-9.9%Medium
HHIHHarvest High Income Equity Shares ETFIndex 7520.8%+4.8%0.99%-15.9%Medium
ZWEBMO Europe High Dividend Covered Call Hedged to CAD ETFIndex 756.8%+7.1%0.72%-24.7%Medium
AVGYHarvest Broadcom Enhanced High Income Shares ETFSingle-stock 1.25x 7527.4%-16.2%1.89%-24.1%High
RUDCRBC U.S. Dividend Covered Call ETFIndex 756.7%+15.2%0.73%-9.6%Very low
YAMZAmazon (AMZN) Yield Shares Purpose ETFSingle-stock 1.25x 7512.8%+5.0%1.53%-25.2%Very high
EACLGlobal X Enhanced MSCI EAFE Covered Call ETFEnhanced 1.25x 7511.8%+13.5%1.63%-6.9%Low
BDIVBrompton Global Dividend Growth ETFIndex 767.0%+4.1%0.96%-22.8%Very low
LIFEEvolve Global Healthcare Enhanced Yield FundSector 7612.2%+5.7%0.64%-12.1%Medium
SDAYHamilton Enhanced U.S. Equity DayMAX™ ETFEnhanced 1.25x 7617.8%+21.9%1.05%-4.0%Low
ZWENBMO Covered Call Energy ETFSector 766.7%+49.0%0.72%-14.3%Medium
GRCCGlobal X Growth Asset Allocation Covered Call ETFFund-of-funds 768.9%+9.4%0.71%-4.5%Very low
FMAXHamilton U.S. Financials YIELD MAXIMIZER™ ETFSector 7612.2%+4.7%0.80%-12.0%Medium
ZPHBMO US Put Write Hedged to CAD ETFIndex 7610.3%+8.3%0.72%-20.8%Low
CNCCGlobal X S&P/TSX 60 Covered Call ETFIndex 766.8%+14.4%0.50%-25.4%Medium
YMAGTech Innovators Yield Shares Purpose ETFEnhanced 1.25x 7619.7%+1.9%0.57%-25.5%Medium
EQCCGlobal X All-Equity Asset Allocation Covered Call ETFFund-of-funds 769.9%+12.0%0.71%-8.0%Low
ZWQTBMO Global Enhanced Income Fund (ETF Series)Index 765.0%+15.8%0.72%-8.3%Low
ENCLGlobal X Enhanced Canadian Oil And Gas Equity Covered Call ETFEnhanced 1.25x 7714.0%+39.1%1.88%-11.4%Very high
CCDCCIBC Canadian High Dividend Covered Call ETFIndex 777.9%+16.5%0.55%-4.3%Low
ZWPBMO Europe High Dividend Covered Call ETFIndex 776.6%+5.1%0.73%-18.2%Medium
GLCCGlobal X Gold Producer Equity Covered Call ETFSector 7714.1%-10.6%0.76%-68.6%Very high
PAYFPurpose Enhanced Premium Yield FundIndex 779.0%+6.6%0.94%-12.6%Low
ZWHBMO US High Dividend Covered Call ETFIndex 776.3%+12.0%0.72%-21.8%High
BFINBrompton North American Financials Dividend ETFSector 787.8%+11.8%0.95%-29.0%Very low
CANYEvolve Canadian Equity UltraYield ETFEnhanced 1.33x 7820.7%+17.2%0.61%-2.7%High
ZPWBMO US Put Write ETFIndex 789.4%+9.7%0.72%-13.5%Low
CALLEvolve US Banks Enhanced Yield FundSector 7811.1%+13.1%0.62%-45.3%Medium
CDAYHamilton Enhanced Canadian Equity DayMAX™ ETFEnhanced 1.25x 7819.1%+23.1%1.04%-3.8%Low
ZWGBMO Global High Dividend Covered Call ETFIndex 786.3%+12.2%0.72%-13.8%Medium
EMCCGlobal X MSCI Emerging Markets Covered Call ETFIndex 7810.7%+13.5%0.78%-9.3%Medium
EQLIInvesco S&P 500 Equal Weight Income Advantage ETFIndex 788.8%+14.3%0.20%-10.3%Medium
YNVDNVIDIA (NVDA) Yield Shares Purpose ETFSingle-stock 1.25x 7821.3%+19.6%1.50%-25.0%Very high
HBFHarvest US Equity Leaders Income ETFIndex 798.5%+6.5%0.88%-22.4%Medium
NVDHHarvest NVIDIA High Income Shares ETFSingle-stock 7918.1%+23.8%0.98%-20.5%Medium
OILYEvolve Canadian Energy Enhanced Yield Index FundEnhanced 1.25x 7915.1%+37.7%0.86%-11.3%Medium
HTAHarvest Tech Leaders Income ETFSector 799.3%+19.5%0.99%-36.7%Medium
ZWCBMO Canadian High Dividend Covered Call ETFIndex 806.4%+17.5%0.72%-24.4%Very high
CBNKMulvihill Canadian Bank Enhanced Yield ETFEnhanced 1.25x 809.1%+51.6%0.65%-28.3%Medium
QMAXHamilton Technology YIELD MAXIMIZER™ ETFSector 8011.8%+8.8%0.77%-18.7%Very high
HRIFHarvest Diversified Equity Income ETFFund-of-funds 808.8%+12.3%0.99%-10.4%Very low
BGIEBrompton Global Infrastructure ETFSector 806.2%+6.5%0.85%-13.8%Medium
ESPXEvolve S&P 500® Enhanced Yield FundIndex 8010.7%+7.8%0.66%-9.0%Low
ENCCGlobal X Canadian Oil and Gas Equity Covered Call ETFSector 8011.1%+31.7%0.76%-86.6%Very high
HUTEHarvest Utilities Leaders Enhanced Income ETFEnhanced 1.25x 8010.2%+9.2%1.72%-14.0%Medium
QQCIInvesco NASDAQ 100 Income Advantage ETFIndex 8010.3%+10.6%0.21%-12.5%Medium
USCLGlobal X Enhanced S&P 500 Covered Call ETFEnhanced 1.25x 8012.5%+13.5%1.49%-14.6%Medium
ZWUBMO Covered Call Utilities ETFSector 807.5%+5.1%0.71%-20.7%Very high
ECHINinepoint Enhanced Canadian HighShares ETFFund-of-funds 1.25x 8016.5%+18.5%1.88%-4.2%Very high
RCDCRBC Canadian Dividend Covered Call ETFIndex 806.8%+20.3%0.73%-8.5%Low
HLIFHarvest Canadian Dividend Leaders Income ETFIndex 816.6%+22.8%0.79%-10.1%Medium
ZPAYBMO Premium Yield ETFIndex 817.0%+11.5%0.71%-11.5%Medium
BKCLGlobal X Enhanced Equal Weight Canadian Banks Covered Call ETFEnhanced 1.25x 8111.4%+35.5%1.51%-15.2%High
USCCGlobal X S&P 500 Covered Call ETFIndex 829.8%+11.4%0.47%-15.8%Medium
ETSXEvolve S&P/TSX 60 Enhanced Yield FundIndex 829.2%+13.4%0.68%-7.9%Low
BMAXBrompton Enhanced Multi-Asset Income ETFFund-of-funds 1.33x 8210.9%+7.5%1.17%-6.3%Medium
PDIVPurpose Enhanced Dividend FundIndex 8211.8%+12.4%0.79%-26.0%Medium
ZWBBMO Covered Call Canadian Banks ETFSector 826.7%+34.1%0.72%-24.7%Very high
JEPQJPMorgan Nasdaq Equity Premium Income Active ETFIndex 8312.2%+6.8%0.39%-13.0%Very high
FEPYFidelity Equity Premium Yield ETFIndex 839.9%+12.2%0.44%-12.2%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
SMAXHamilton U.S. Equity YIELD MAXIMIZER™ ETFIndex 8311.2%+13.2%0.76%-13.6%Medium
QQQYEvolve NASDAQ Technology Enhanced Yield Index FundSector 8414.3%+9.0%0.72%-13.5%Medium
HDIVHamilton Enhanced Canadian Covered Call ETFFund-of-funds 1.25x 8410.3%+19.6%0.97%-19.4%Very high
HHICHarvest Canadian High Income Shares ETFEnhanced 1.25x 8418.3%+13.9%1.45%-5.0%Very high
EBNKEvolve European Banks Enhanced Yield ETFSector 8411.4%+11.4%0.87%-20.1%Medium
BKCCGlobal X Equal Weight Canadian Bank Covered Call ETFSector 849.1%+28.6%0.46%-28.8%Medium
HUTLHarvest Utilities Leaders Income ETFSector 848.3%+8.2%0.64%-20.9%High
QQCLGlobal X Enhanced Nasdaq-100 Covered Call ETFEnhanced 1.25x 8415.2%+11.8%1.71%-15.8%Very high
DXQDynamic Active Enhanced Yield Covered Options ETFIndex 858.4%+6.9%0.71%-8.3%High
QQCCGlobal X Nasdaq-100 Covered Call ETFIndex 8511.8%+9.9%0.86%-26.6%High
HMAXHamilton Canadian Financials YIELD MAXIMIZER™ ETFSector 8711.7%+23.5%0.77%-13.2%Very high
BANKEvolve Canadian Banks and Lifecos Enhanced Yield Index FundEnhanced 1.25x 9016.1%+38.8%0.82%-20.2%Very high
ATDYPurpose Couche-Tard (ATD) Yield Shares ETFSingle-stock 1.25x newn/a––1.27%–n/a
BDAYHamilton Enhanced Bitcoin DayMAX™ ETFEnhanced 1.25x newn/a18.1%–0.85%-12.3%Medium
CFINEvolve Canadian Financials Yield FundSector newn/a12.4%–0.60%–Very low
CLHINinepoint Celestica HighShares ETFSingle-stock 1.33x newn/a47.1%–2.30%-37.3%Medium
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
CONYHarvest Coinbase High Income Shares ETFSingle-stock newn/a37.7%–0.98%-21.2%Low
CPCCGlobal X Copper Producer Equity Covered Call ETFSector newn/a13.8%–0.73%-19.6%Medium
CSHINinepoint Constellation Software HighShares ETFSingle-stock 1.33x newn/a9.3%–1.90%-9.3%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
EDHINinepoint Enhanced Aerospace and Defense HighShares ETFEnhanced 1.33x newn/a15.5%–0.55%–Low
EQCLGlobal X Enhanced All-Equity Asset Allocation Covered Call ETFFund-of-funds 1.25x newn/a12.3%–1.63%-4.3%Medium
GIDYGuardian i3 Global Dividend Premium Yield FundIndex newn/a4.6%–0.89%-1.4%Very low
GLCLGlobal X Enhanced Gold Producer Equity Covered Call ETFEnhanced 1.25x newn/a18.2%–1.74%-42.0%Medium
GOHINinepoint Alphabet HighShares ETFSingle-stock 1.33x newn/a25.9%–2.49%-28.5%Low
HHIIHarvest International High Income Shares ETFEnhanced 1.25x newn/a18.1%–0.65%–Medium
HONEHarvest All-In-One High Income Shares ETFFund-of-funds 1.25x newn/a––––High
HPYBHarvest Premium Yield Canadian Bank ETFSector newn/a13.1%–0.65%-2.3%Medium
HPYEHarvest Premium Yield Enhanced ETFIndex newn/a14.1%–0.65%-3.5%Medium
HPYGHarvest Premium Yield Gold ETFSector newn/a––0.65%–Medium
IMAXHamilton International Equity YIELD MAXIMIZER™ ETFIndex newn/a10.1%–0.65%-2.3%Medium
INHINinepoint Intel HighShares ETFSingle-stock 1.33x newn/a74.4%–2.77%-63.1%Low
INTYEvolve International Equity UltraYield ETFEnhanced 1.33x newn/a31.0%–0.60%-6.2%Medium
JEPHJPMorgan US Equity Premium Income Active ETF CAD HedgedIndex newn/a7.4%–0.35%-1.8%Very low
JPQHJPMorgan Nasdaq Equity Premium Income Active ETF CAD HedgedIndex newn/a13.3%–0.35%-6.2%Low
KGHINinepoint Kinross Gold HighShares ETFSingle-stock 1.33x newn/a34.8%–1.90%-39.5%Low
METEHarvest Meta Enhanced High Income Shares ETFSingle-stock 1.25x newn/a23.3%–1.89%-22.8%Medium
MOATMoat Active Premium Yield ETFIndex newn/a13.5%–1.47%-0.9%Medium
NICCNBI SmartData International Equity Covered Call Fund - ETF SeriesIndex newn/a––0.50%–Very low
NSUYNBI SmartData Enhanced Yield U.S. Equity Fund - ETF SeriesIndex newn/a––0.55%–Very low
NUCCNBI SmartData U.S. Equity Covered Call Fund - ETF SeriesIndex newn/a––0.40%–n/a
NVHINinepoint NVIDIA HighShares ETFSingle-stock 1.33x newn/a27.0%–2.97%-15.3%Low
PAYGBrompton Global Equity HighPay ETFEnhanced 1.25x newn/a19.6%–0.73%-4.4%Medium
PAYIBrompton Utilities & Infrastructure HighPay ETFEnhanced 1.25x newn/a16.9%–0.60%–Low
PAYUBrompton U.S. Equity HighPay ETFEnhanced 1.25x newn/a20.9%–0.60%–Very low
PLHINinepoint Palantir HighShares ETFSingle-stock 1.33x newn/a25.5%–3.06%-25.6%Low
PLTEHarvest Palantir Enhanced High Income Shares ETFSingle-stock 1.25x newn/a32.0%–1.89%-25.5%Very high
RSCLGlobal X Enhanced Russell 2000 Covered Call ETFEnhanced 1.25x newn/a––1.80%–n/a
SIXYEvolve Big Six Canadian Banks UltraYield Index ETFEnhanced 1.33x newn/a21.8%–0.60%-4.7%Very high
SVCCGlobal X Silver Miners Covered Call ETFSector newn/a16.7%–0.65%-24.4%Low
SVCLGlobal X Enhanced Silver Miners Covered Call ETFEnhanced 1.25x newn/a22.3%–0.85%-29.0%Low
SXHINinepoint SpaceX HighShares ETFSingle-stock 1.33x newn/a39.7%–2.71%-43.4%Medium
TECYEvolve NASDAQ Technology UltraYield ETFFund-of-funds 1.33x newn/a––––Very low
TSHINinepoint Tesla HighShares ETFSingle-stock 1.33x newn/a28.1%–2.48%-33.2%Low
URCCGlobal X Uranium Covered Call ETFSector newn/a20.0%–0.65%-33.1%Low
USHINinepoint Enhanced U.S. Equity HighShares ETFEnhanced 1.33x newn/a15.9%–0.40%–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 →

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 · 15.2% yield 84
  3. QQQY Evolve NASDAQ Technology Enhanced Yield Index Fund Evolve · 14.3% 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 · 13.3% 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.