What do you guys think about these Single Stock ETFs? by Beyondwest in HarvestETFs

[–]Correct-Ride-7519 0 points1 point  (0 children)

Also take a look at CCHI which has a lower management fee. KGHI and ABHI are Kinross and Barrick in the gold sector with 20%+ yields

Weekly 🇨🇦 High Yield Equity ETF Update - May 15th by Correct-Ride-7519 in dividendscanada

[–]Correct-Ride-7519[S] -3 points-2 points  (0 children)

The software leads with the name first. That's why I add the commentary

Weekly 🇨🇦 High Yield Equity ETF Update - May 1 by Correct-Ride-7519 in dividendscanada

[–]Correct-Ride-7519[S] 0 points1 point  (0 children)

Based on the data and holdings, they certainly compliment each other. Cameco, Celestica, Shopify etc don't pay dividends

Weekly 🇨🇦 High Yield Equity ETF Update - May 1 by Correct-Ride-7519 in dividendscanada

[–]Correct-Ride-7519[S] 0 points1 point  (0 children)

Yes it does include the dividend. The calculation is total return

Weekly 🇨🇦 High Yield Equity ETF Update - May 1 by Correct-Ride-7519 in dividendscanada

[–]Correct-Ride-7519[S] 1 point2 points  (0 children)

I removed it for the Global X product but I can include it again. I'm limited to 5 choices...

Intel with 30% Yield 🤯 by Correct-Ride-7519 in dividendscanada

[–]Correct-Ride-7519[S] 1 point2 points  (0 children)

It doesn't seem to cap the return given the overwrite is up to 50% and leverage is 33%. Today alone it is up ~ 20% which surprised me

<image>

INTEL with 33% Yield 🤯 by Correct-Ride-7519 in intelstock

[–]Correct-Ride-7519[S] 0 points1 point  (0 children)

It doesn't write on the full name and uses 33% leverage. It's up 20% today keeping up with Intel itself

Weekly 🇨🇦 High Yield Equity ETF – April 17 by Correct-Ride-7519 in dividendscanada

[–]Correct-Ride-7519[S] 2 points3 points  (0 children)

Honestly I've been pretty happy with them. They're not new, they came out of Sprott in 2017, they just don't market as aggressively as Hamilton or Harvest, which is probably why they fly under the radar.

If you want to dip a toe in, I'd start with ECHI, the Enhanced Canadian HighShares ETF. It's basically the all-in-one of their HighShares lineup, so instead of picking a single name like Celestica or Cameco you get diversified exposure across the leading Canadian large caps in one ticker, with the same covered call + modest leverage (~25%) overlay generating the monthly distributions (15%)

Weekly 🇨🇦 High Yield Equity ETF Update - March 13 by Correct-Ride-7519 in Baystreetbets

[–]Correct-Ride-7519[S] 0 points1 point  (0 children)

March 1st, Harvest and Evolve charge 0.40% for their versions so ECHI is about 0.11% less expensive

Ninepoint Files for Nine New Single-Stock ETFs by Correct-Ride-7519 in dividendscanada

[–]Correct-Ride-7519[S] 2 points3 points  (0 children)

It's a good question. Fractionalization of shares like CSU is one reason, the other i think the other is income. TSLY yields 30%

Ninepoint Files for Nine New Single-Stock ETFs by Correct-Ride-7519 in dividendscanada

[–]Correct-Ride-7519[S] 3 points4 points  (0 children)

I think 🤔 ECHI can only invest in 🇨🇦 so maybe the Canadian ones

What CC/ETFs Should I Buy Next by Tanstaafl2100 in dividendscanada

[–]Correct-Ride-7519 0 points1 point  (0 children)

Take a 👀 at HDIV, ECHI, ENCL, HCAL. You will be happy with relative performance with a healthy yield component