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.
"Top Income Covered Call ETFs in Canada Monthly Update: May 2026 - Ep.73"