u/Correct-Ride-7519

Image 1 — Weekly 🇨🇦 High Yield Equity ETF Update - May 15th
Image 2 — Weekly 🇨🇦 High Yield Equity ETF Update - May 15th

Weekly 🇨🇦 High Yield Equity ETF Update - May 15th

Since common inception, Ninepoint Enhanced Canadian HighShares ETF (ECHI) leads the Canadian equity income peer group with a +26.58% total return, ahead of Harvest Canadian High Income Shares ETF (HHIC) at +18.14%, Hamilton Enhanced Canadian Equity DayMAX ETF (CDAY) at +17.97%, Global X Enhanced S&P/TSX 60 Covered Call ETF (CNCL) at +13.47%, and Evolve Canadian Equity UltraYield ETF (CANY) at +12.50%.

Over shorter periods, ECHI has also maintained leadership. Over 6 months, ECHI returned +19.10%, compared with CDAY (+13.55%), HHIC (+13.78%), CANY (+12.36%), and the Global X peer at +9.72%. Over 3 months, ECHI again leads at +6.53%, versus CANY (+4.75%), CDAY (+3.75%), Global X (+2.91%), and HHIC (+2.82%).

Recent one-month performance has been weaker across the category due to volatility in Canadian financials and energy exposure, with ECHI at -1.27%, compared with CNCL (-0.65%), CANY (-0.09%), CDAY (+0.04%), and HHIC (-3.78%).

u/Correct-Ride-7519 — 6 days ago

Weekly 🇺🇸 High Yield Equity ETF Update - May 15th

Over the last year, U.S. equity income ETFs have shown a wide dispersion in outcomes depending on leverage, covered call intensity, and portfolio construction. (HYLD) continues to lead the peer group with a +36.52% return, significantly outperforming (HHIS) at +31.84% and (XYLD) at +16.90% over one year.

Shorter-term momentum has also favoured HYLD, delivering +8.83% over one month and +14.74% over three months. By comparison, HHIS returned +9.86% over one month and led the group over three months at +21.80%, while XYLD remained more defensive with +2.27% over one month and +2.52% over three months.

More aggressive yield-maximizer structures have produced materially weaker results. posted -0.33% over one month and -3.45% over three months, while returned +5.96% over one month but remains negative over six months at -2.44%.

u/Correct-Ride-7519 — 6 days ago

Weekly 🇨🇦 High Yield Equity ETF - May 9

Since common inception, Canadian equity income ETFs continue to show wide performance dispersion, reinforcing how leverage, overwrite strategy, and portfolio construction can materially impact investor outcomes. (ECHI) leads the peer group with a +26.79% return, outperforming (HHIS) at +19.67%, (CDAY) at +18.34%, and (CANY) at +12.50%.

Shorter-term results also highlight ECHI’s relative strength. Over the last six months, ECHI returned +20.18%, compared to +15.88% for CDAY, +15.16% for HHIS, and +11.05% for CANY. Over the last three months, ECHI delivered +9.32%, ahead of peers ranging between +4.98% and +6.66%.

u/Correct-Ride-7519 — 12 days ago

Since common inception, U.S. equity income ETFs show clear dispersion driven by strategy design and option intensity. Hamilton Enhanced U.S. Covered Call ETF (HYLD.TO) leads at +13.65%, followed by Global X S&P 500 Covered Call ETF (XYLD) at +10.46% and Hamilton Enhanced U.S. Equity DayMAX ETF (SDAY) at +7.12%, while Harvest Diversified High Income Shares ETF (HHIS.TO) trails at +2.62% and Evolve U.S. Equity UltraYield ETF (CAD-Hedged) (BIGY.TO) remains negative at -3.22%. The differences reflect varying levels of leverage, call overwrite, and exposure to underlying market beta.

u/Correct-Ride-7519 — 18 days ago

Over the last year, Ninepoint Enhanced Canadian HighShares ETF (ECHI) continues to clearly lead the Canadian equity income peer group at +28.05%, outperforming Harvest Canadian High Income Shares ETF (HHIC) (+21.37%) by +6.68%, Hamilton Enhanced Canadian Equity DayMAX ETF (CDAY) (+17.85%) by +10.20%, Evolve Canadian Equity UltraYield ETF (CANY) (+14.31%) by +13.74%, and more traditional covered call exposure like Global X S&P/TSX 60 Covered Call ETF (CNCC) (+11.71%) by +16.34%.

Shorter-term performance reinforces this leadership. Over 6 months, ECHI is ahead at +17.58%, versus CDAY (+16.24%), HHIC (+14.11%), CNCC (+9.18%), and CANY (+8.63%).

u/Correct-Ride-7519 — 18 days ago

Since common inception, U.S. equity income ETFs continue to show meaningful dispersion in outcomes. Hamilton Enhanced U.S. Covered Call ETF (HYLD) leads at +10.60%, followed by Global X S&P 500 Covered Call ETF (XYLD) at +9.45% and Hamilton Enhanced U.S. Equity DayMAX ETF (SMAX) at +6.74%, while Harvest Diversified High Income Shares ETF (HHIS) is more modest at +2.31% and Evolve U.S. Equity UltraYield ETF (BIGY) remains negative at -3.36%.

Over shorter periods, performance is more mixed, with stronger rebounds in higher-beta strategies (e.g., HHIS at +13.99% over 1 month) alongside more moderate gains in traditional covered call exposures like XYLD (+3.60%). Over a longer horizon, dispersion persists, with HHIS delivering +42.34% over 1 year versus ~17% for XYLD and ~38.75% for HYLD.

u/Correct-Ride-7519 — 27 days ago

Since common inception, the Canadian high-yield equity category continues to show clear separation, with Ninepoint Enhanced Canadian HighShares ETF (ECHI.TO) leading at +27.49%. This compares to Harvest Canadian High Income Shares ETF (HHIC.TO) at +20.95%, Hamilton Enhanced Canadian Equity DayMAX ETF (CDAY.TO) at +18.05%, Evolve Canadian Equity UltraYield ETF (CANY.TO) at +13.05%, and more traditional covered call exposure like Global X S&P/TSX 60 Covered Call ETF (CNCC.TO) at +11.30%.

Over shorter periods, returns are more clustered, but ECHI remains competitive with +20.79% over 6 months, ahead of most peers.

u/Correct-Ride-7519 — 27 days ago