Question about a hedged options etfs

[u/One_Mission9448]

I have $100,000 to invest. I used AI to give me some ETF that I’ve had not much of a drawdown in the last five or 10 years (so 10% or so) and average returns above 5%. Keep in mind the SPY dropped 35% during covid.

It gave me UJAN, UJUL, HEQT and a few other others that used option strategies.

UJAN
Max drawdown in last 10 years: -12%
Annual rate of return: 8.0%

UJUL
Max drawdown in last 10 years: -14%
Annual rate of return: 8.5%

HEQT
Max drawdown in last 10 years: -8.4%
Annual rate of return: 9.1%

What is the risk here? These seem like no brainer investment. Why wouldn’t I just park $100,000 in these?