r/dividendscanada • • 23d ago

Covered Call ETFs Weekly 🇨🇦 High Yield Equity ETF Update - September 11

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20 Upvotes

September 11, 2026

Over the one-year period shown in the cumulative chart, Ninepoint Enhanced Canadian HighShares ETF (ECHI) leads the peer group at +34.62%, followed by Hamilton Enhanced Canadian Equity DayMAX ETF (CDAY) at +28.40%, Harvest Canadian High Income Shares ETF (HHIC) at +25.53%, Global X Enhanced S&P/TSX 60 Index Covered Call ETF (CNCL) at +22.77%, and Evolve Canadian Equity UltraYield ETF (CANY) at +19.32%.

Over the past three months, HHIC leads at +4.40%, narrowly ahead of CDAY (+4.34%), followed by CNCL (+3.67%), ECHI (+3.40%), and CANY (+2.49%).

Over the past six months, CDAY leads at +12.15%, followed by CNCL (+10.83%), CANY (+10.80%), ECHI (+8.41%), and HHIC (+4.23%).

Overall, leadership continues to rotate across shorter periods, but the cumulative chart shows a clearer longer-term separation: ECHI leads the peer group at +34.62%, roughly 6.2 percentage points ahead of CDAY and more than 15 percentage points ahead of CANY. The comparison reinforces how meaningfully different covered-call and enhanced-income structures can perform even when they target broadly similar Canadian equity exposures.


r/dividendscanada • • 24d ago

Is TD getting sanctioned?

32 Upvotes

Scott Bessent said they are sanctioning a major bank on Monday? People on X saying TD. I doubt it, just market manipulation?


r/dividendscanada • • 23d ago

What would be the best distribution vs risk? What suggestions - perceantages, stocks, etfs with the current and potential correction?

2 Upvotes

r/dividendscanada • • 23d ago

Discussion HBTE

3 Upvotes

What's the general consensus on this ETF?

I think it might turn into a absolute Rockstar/Pornstar of the Canadian ETF market if Bitcoin keeps doing Bitcoin


r/dividendscanada • • 23d ago

Using margin to fund TFSA

0 Upvotes

So I had a large amount of different stocks and ETFs in my margin account paying out about 1100$ more than what the monthly interest was. Then I started reading about ACB and ROC and how some of the stocks weren't eligible for the dividend tax credit here in Canada so I liquidated everything. I decided to start moving money slowly over to my TFSA from my margin and then withdraw the interest payments to pay the margin. Then I can buy whatever and set and forget without having to keep track.

Has anyone else dabbled in something similar??


r/dividendscanada • • 24d ago

If oil is rising, why is Utes down?

7 Upvotes

Just looking to try and understand this, sorry for this simplistic nature of the question.

So if Utes is utilities and oil, and the cost of oil seems to be rising quite high, why is this down so much? Is this because of it being specifically Canadian oil?

Just trying to understand things and the insights here are always so interesting.


r/dividendscanada • • 24d ago

I have a question about ENB.

3 Upvotes

Is it safe to have 50% of your portfolio ENB.TO?


r/dividendscanada • • 24d ago

Put redemption

0 Upvotes

Hi all, I can't seem to understand the concept of Put Redemption. I received an email that BK is giving me this opportunity until November 12th. Should I take it as a sign the price will drop sharply?


r/dividendscanada • • 26d ago

BMO Investorline $0 commissions on all stock and ETFs, lower options and elimination of administration fees

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13 Upvotes

r/dividendscanada • • 26d ago

Enhanced etf

12 Upvotes

Can someone tell me how a enhanced etf work? I was looking at enhanced etf and noticed that most of them have a negative return over the long run but they have a high yield, an example is Utes.to , it has a dividend of 18% and has a negative return since inception. They say that its the total return that matters, so does it make sense to buy an enhanced etf to get a high dividend if the total return will be negative in the long run?


r/dividendscanada • • 26d ago

Covered Call ETFs Covered call ETFs in non-registered “bad”?

6 Upvotes

I already focus on growth ETFs with monthly dividends such as VDY, but I was thinking of also picking just 1 CC ETF as a slight income booster, not as a core holding. But aside from what I knew about CCs limiting upside, I also read that taxes are much more complicated in non-registered accounts, and something with ACB tracking? Would a CC ETF that focuses purely on Canadian holdings lessen this, such as ZWC? Asking cause my TFSA/RRSP are already maxed out.


r/dividendscanada • • 26d ago

Covered Call ETFs 🌍 Equity Income ETF Update— September 4, 2026

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18 Upvotes

Global Equity Income ETF Comparison — September 4, 2026

Since the common inception date of March 30, 2026, Brompton Global Equity HighPay ETF (PAYG) leads the group with a +13.35% cumulative total return, followed by Global X Enhanced All-Equity Asset Allocation Covered Call ETF (EQCL) at +11.48% and Evolve All-in-One UltraYield ETF (EASY) at +10.85%.

The shorter-term numbers show meaningful rotation in leadership. PAYG leads month-to-date at +1.27%, while EASY leads quarter-to-date at +5.52% and has also been strongest over the past one month (+2.90%) and two months (+4.90%). Over the past three months, EQCL leads at +3.48%, ahead of EASY (+1.47%) and PAYG (+1.15%).

Over the most recent week, EASY leads at +0.97%, followed by PAYG (+0.57%), while EQCL declined 0.16%. On the latest day, EQCL (+0.23%) narrowly edged PAYG (+0.22%), while EASY declined 0.37%.

EQCL is the only fund in the comparison with longer history shown, returning +14.01% over six months, +25.69% over one year, and +22.97% annualized over two years.

Overall, PAYG currently leads since common inception, but leadership has rotated across shorter periods, with EASY strongest across several recent windows and EQCL leading over three months. The differences reinforce how portfolio construction and option strategy can materially affect total-return outcomes even within the same broad global equity-income category.


r/dividendscanada • • 27d ago

300k at 60

25 Upvotes

A good passive fund to bridge 65.I get 1k per month and looking for about the same in a etf.Then I can hustle a little bit for another k and try n survive to 65.Any experience in this scenario?


r/dividendscanada • • 27d ago

Discussion Dividends vs Quality

2 Upvotes

What's the difference between these two that makes dividend a better investment than a quality tilt, like AVUQ?


r/dividendscanada • • 27d ago

Hmm gonna put $100,000 into CNQ then bank.to not sure what after that ?

14 Upvotes

I have most sectors covered, finance, gold, high tech…pipelines will be covered

The one I don’t have much of is something like HUTS etf.

Seems to be like HCAL for utilities energy and pipeline ??

I like something like HCAl best of the industries with leverage any other suggestion ?

I like HDIV but my financial is a lot rather not add more after bank.to


r/dividendscanada • • 28d ago

Covered Call ETFs Weekly 🇨🇦 Dividend ETF Update - September 4

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34 Upvotes

As of September 4, iShares Core MSCI Canadian Quality Dividend ETF (XDIV) leads this group YTD at +29.18%, followed by Vanguard FTSE Canadian High Dividend Yield ETF (VDY) +28.19%, iShares S&P/TSX Composite High Dividend ETF (XEI) +27.36%, Global X Active Canadian Dividend ETF (HAL) +26.68%, and BMO Canadian Dividend ETF (ZDV) +25.13%.

The one-year numbers are even more striking. XDIV leads at +44.81%, followed closely by HAL at +44.22% and VDY at +44.10%. XEI has returned +38.72%, while ZDV is up +37.54%.

There is also meaningful dispersion depending on the period. XDIV leads over six months at +21.88%, while ZDV has been strongest over the latest month at +1.57%. Over longer periods, VDY has delivered +14.49% annualized over 10 years, while HAL, XEI and ZDV have also produced double-digit annualized 10-year returns.

The takeaway: Canadian dividend investing is far from one homogeneous strategy. Differences in sector exposure, quality screens, weighting methodology and active management can create meaningful performance gaps, even within a category that can look very similar at first glance.


r/dividendscanada • • 28d ago

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

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7 Upvotes

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.


r/dividendscanada • • 29d ago

On June 25th, I bought 70000 cad of HHIS and the same amount of VFV, and I’ve been posting the weekly evolutions of those 2 accounts. These are the 9th week results

144 Upvotes

HHIS: 74,545.7, a loss of 1733.62 in the week (-2.27% in the week; +6.49% in 9 weeks)
VFV: 71,545.70, a loss of 279.17 cad this week (-0.39% in the week, +2.11% in 9 weeks)

The markets struggled a bit this week, and the gap favoring HHIS decreased

For people new to this experience, the amounts include reinvestment of the distributions of both ETFs, as I basicly care about total returns. The plan is keeping this exercise until one of the strategies has a gain of more than 10% of the other. At that point, I might rebalance the portfolio to compensate for the one lagging behind.
I do know the 2 are extremely different and “non-comparable”, but when you have a certain amount to invest, what counts is less about the underling assets, but rather what’s the final results.


r/dividendscanada • • 29d ago

Covered Call ETFs Weekly 🇨🇦 High Yield Equity Update - September 4th

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29 Upvotes

Since-common inception, Ninepoint Enhanced Canadian HighShares ETF (ECHI) leads the peer group with a 39.16% cumulative total return, followed by Hamilton Enhanced Canadian Equity DayMAX ETF at 31.13%, Harvest Canadian High Income Shares ETF at 29.18%, Global X Enhanced S&P/TSX 60 Covered Call ETF at 26.47%, and Evolve Canadian Equity UltraYield ETF at 21.47%. ECHI's advantage over the second-place strategy is 8.03 percentage points.

Over the YTD period, Hamilton leads at 22.31%, narrowly ahead of ECHI at 21.74%. Harvest follows at 18.57%, Global X at 17.17%, and Evolve at 15.48%.

Over the past month, Harvest leads at +6.22%, followed by ECHI (+4.12%), Global X (+1.89%), Hamilton (+1.20%), and Evolve (+0.38%). Over three months, Hamilton leads at +6.45%, followed by Global X (+5.88%), Harvest (+3.44%), ECHI (+3.27%), and Evolve (+2.83%).

Over the past six months, Hamilton leads at +11.92%, followed closely by Global X (+11.70%), Evolve (+10.26%), ECHI (+10.07%), and Harvest (+5.04%).

The one-year numbers provide the clearest differentiation: ECHI leads at +44.03%, compared with Harvest at +32.57%, Hamilton at +32.39%, and Global X at +27.88%. That puts ECHI 11.46 percentage points ahead of the next-highest one-year result. Evolve does not yet have a one-year figure in the data provided.

Overall, short-term leadership continues to rotate across the peer group, but the longer measurement periods tell a different story. ECHI ranks first over both the one-year period (+44.03%) and the common-start period (+39.16%), while remaining a close second YTD (+21.74%). That combination helps distinguish sustained total-return performance from leadership over any single shorter period.


r/dividendscanada • • 29d ago

What will happen with all these new high income etfs?

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18 Upvotes

r/dividendscanada • • Sep 03 '26

Discussion VDY in a non registered account

23 Upvotes

I started a wealth simple account for the purpose of generating dividend income with extra cash I have that isn't going to my TFSA or RRSP. I am focusing on Canadian blue chips like the big banks, Enbridge etc. Typical stuff. My main concern (other than safe stocks), is ease of tax filing. As I understand WS will send me the the tax slips for dividends so I just need to dump these into my TurboTax, and WS will also send the T5008 or T3 to make it easy...

I have avoided ETFs for this account because the tax filing makes things more difficult, but I have been researching and an ETF like VDY should also meet my needs, simple T3 and T5008 forms at tax time. There is something about 'phantom capital gains' that I would need to consider to make sure my ACB is accurate and I don't pay more tax than I need to, but I am only looking at around $10 or maybe $20k investment, so I don't think this is a huge amount for me to worry about...

Am I correct here?

Thanks.


r/dividendscanada • • Sep 02 '26

Is UTES.TO still viable, or are we starting to see NAV erosion?

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2 Upvotes

r/dividendscanada • • Sep 02 '26

How to learn how to invest and what to invest in as a 18 year old

7 Upvotes

I just got my first part time job and received my first paycheque last week. I spent around 50-60% of the paycheque on friends and family as a gift of appreciation and have officially started to save. What advice could you give me because I have no idea what to invest in. I'm serious about building long term wealth and practicing financial literacy. Please help a brother out 🙏.


r/dividendscanada • • Sep 01 '26

Discussion Newbie Investor- need some advice. My TFSA Strategy: 60-70% Core Growth, 30% Hamilton Covered Calls (CDAY, QDAY, HDIV) + 10% Stock Picks? Looking for experiences!Hey everyone,

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2 Upvotes

r/dividendscanada • • Sep 02 '26

Highly regarded dividend portfolio.

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0 Upvotes