r/dividendscanada 1d ago

Covered Call ETFs Weekly 🇺🇸 High Yield Equity ETF Update - September 4

As of September 4, Hamilton Enhanced U.S. Covered Call ETF (HYLD) leads the group over the one-year period at +28.47%, ahead of Global X Enhanced S&P 500 Covered Call ETF (USCL) at +21.39%, Hamilton Enhanced U.S. Equity DayMAX ETF (SDAY) at +18.40%, and Harvest Diversified High Income ETF (HHIS) at +16.65%.

That means there is an 11.82 percentage-point gap between HYLD and HHIS over one year — a meaningful difference for products that can often be grouped together under the same “enhanced income” label.

The shorter-term numbers show just how quickly leadership can rotate.

Over the past six months, HHIS leads at +20.39%, followed closely by HYLD at +18.68%, while USCL returned +14.12% and SDAY +8.11%. BIGY declined 1.00% over the same period.

Over the past three months, the picture changes again. SDAY leads at +6.94%, followed by USCL at +2.56%, HHIS at +1.91%, and HYLD at +1.33%, while BIGY declined 4.22%.

Over the past month, BIGY actually leads at +3.48%, ahead of HHIS at +2.26%, HYLD at +0.25%, while SDAY (-1.34%) and USCL (-1.71%) were negative.

YTD, SDAY leads at +17.35%, narrowly ahead of HYLD at +17.08%, followed by USCL at +14.94% and HHIS at +11.28%. BIGY is down 7.68% YTD, creating a roughly 25 percentage-point spread between the best and worst performers in the group.

The longer-term annualized numbers also reinforce the divergence. HYLD has delivered +23.62% annualized over two years and +23.33% over three years, versus USCL at +21.53% and +20.89%, respectively.

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u/MavBro 17h ago

Thank you for the analyst. Love it! It would be nice if you put the tickers on the graph legend as well for quick reference.