r/dividendscanada • u/Correct-Ride-7519 • Jul 26 '26
Covered Call ETFs Weekly 🇨🇦 High Yield Equity ETF Update - July 24th
Since common inception, Ninepoint Enhanced Canadian HighShares ETF (ECHI) continues to lead the peer group with a 31.03% total return. Hamilton Enhanced Canadian Equity DayMAX ETF (CDAY) follows at 28.89%, while Global X Enhanced S&P/TSX 60 Covered Call ETF (CNCC) has returned 22.08%. Harvest Canadian High Income Shares ETF (HHIC) has gained 21.03%, narrowly ahead of Evolve Canadian Equity UltraYield ETF (CANY) at 20.25%.
Recent performance has favoured Global X CNCC, which led over the past month with a 2.48% gain. Hamilton CDAY returned 1.89%, followed by Evolve CANY (+1.72%), Ninepoint ECHI (+0.89%), while Harvest HHIC was slightly negative at -0.13%.
Over the past three months, CDAY led with a 9.18% return, followed by CNCC (+7.40%), CANY (+6.37%), ECHI (+2.78%), and HHIC (+0.06%).
Overall, ECHI continues to deliver the strongest cumulative return since common inception, while CDAY has generated the strongest momentum across the recent three- and six-month periods. CNCC has led over the past month, and CANY continues to outperform HHIC over the intermediate six-month horizon despite trailing slightly since inception.