Bullish on $CBNK: Canadian banks covered-call leader — best total return despite lower yield.
CBNK is the top performer among the Canadian financials covered-call picks, because it’s delivering the best total returns even if it isn’t the highest yielding option in the set.
CBNK is described as the top performer among the bank/financial covered-call ETF comparisons, with the narrative explicitly separating performance from yield. The logic is that Canadian banks have been outperforming life insurance companies in the relevant period, which helps explain why the CBNK-style exposure is winning in total returns.