aggressive calls drag returns in rallies
SIXY is presented as a newer alternative six-banks covered-call ETF (with more aggressive call usage in the comparison), and the speaker contends CBCC stays ahead because covered calls can cause underperformance during bank rallies.
More aggressive covered-call writing causes SIXY to underperform during bank rallies relative to CBCC, which uses a more selective options overlay. The structural call-writing intensity is framed as the key reason CBCC maintains its return lead.
"Top Performing Canadian Banks Covered Call ETF is Beating the Banks?! | Mulvihill CBNK ETF"