Hamilton Enhanced U.S. Covered Call ETF HYLD.U

PIPassive Income Investing44d ago

BULL$HYLD.UMid-termFundamental

Bullish on $HYLD.U: hedged structure outperforms — beats USCL by a little on total returns.

HYLD.U looks like the better relative performer versus USCL on the current comparison, because the hedged Canadian-dollar structure is delivering superior total returns over the discussed window.

When comparing HYLD.U to USCL as a valid hedging-adjusted matchup, HYLD.U is shown outperforming USCL by a small margin. I’m using that hedged-versus-unhedged framing as the key condition for judging which one wins in this setup.