Hey Adrian. Don't know if you will see this comment or not (UA-cam Customer Service says it's the System and out of their hands why my Comments keep being blocked, and I pointed out that's what Humans said when Skynet took over : it's the system, not us), but I'll try again to comment as per your suggestion. I appreciate you using Canada Stock Channel to compare CALL and ZWK. Total Returns are not great for the past 4 years, but Distributions aren't included, so that's a factor. Still hoping you'll do that video comparing Total Returns for Growth Funds vs Income Funds someday. (wink, wink. nudge, nudge.) Hope you and Erica are having a nice week.
distributions ARE included in total returns. of course they are not great looking at it now. U.S. Banks have taken a beating lately. Its hard and almost useless to compare unless its apples to apples and unless the fund has been out for a few years at least. i would say, no matter what or when, CC funds will always UNDER PERFORM the indexes. its only normal . got a video you might like talking about this eventually.
Example : USCC vs VUN / Inception Dates : USCC - Sep 13, 2011, VUN - Aug 2, 2013 / Holdings : Top 10 are Very Close in Companies and Percentages / Total Returns since January 2014 - USCC : 169.42% vs VUN : 231.12% So, $10K becomes $26,931 with USCC and $33,110 with VUN, or Annual Returns of 10.6% with USCC and 12.96% with VUN. And there we go. That's 1 good example confirming exactly what you've been saying Adrian. Covered Calls cap the Upside Potential and will Underperform Growth Funds. In this case USCC underperforms VUN by about 20%. Look forward to your video on this topic Adrian. I like the idea of Maximum Transparency and for people to have hard numbers to put to the idea that they will likely be making less money (in this case 20% less) using CC's, but, they need to balance that against all the benefits of Monthly Income. I use a hybrid approach myself.
Hey Adrian, with interest rates maybe peaking (though they may stay high for quite some time) and bond maybe hitting bottom, do you think now is a good time to look at some of the bond funds, particularly the high-yield ones such as HPTY, BOND, etc? Mochas gracias!
CORRECTION: @01:46 i say "Harvest" instead of Evolve. Sorry about that! Meant to say Evolve.
I noticed that. Nice catch in post Adrian.
Mining ,banks insurance , eurp. Great way to spread out
How flexible is the liquidity on these funds ? / thank you
I decided to buy BANK after they increased their distribution and then I recently started a small position in CALL.
Hey Adrian. Don't know if you will see this comment or not (UA-cam Customer Service says it's the System and out of their hands why my Comments keep being blocked, and I pointed out that's what Humans said when Skynet took over : it's the system, not us), but I'll try again to comment as per your suggestion.
I appreciate you using Canada Stock Channel to compare CALL and ZWK. Total Returns are not great for the past 4 years, but Distributions aren't included, so that's a factor.
Still hoping you'll do that video comparing Total Returns for Growth Funds vs Income Funds someday. (wink, wink. nudge, nudge.)
Hope you and Erica are having a nice week.
distributions ARE included in total returns. of course they are not great looking at it now. U.S. Banks have taken a beating lately. Its hard and almost useless to compare unless its apples to apples and unless the fund has been out for a few years at least. i would say, no matter what or when, CC funds will always UNDER PERFORM the indexes. its only normal . got a video you might like talking about this eventually.
Example : USCC vs VUN / Inception Dates : USCC - Sep 13, 2011, VUN - Aug 2, 2013 / Holdings : Top 10 are Very Close in Companies and Percentages / Total Returns since January 2014 - USCC : 169.42% vs VUN : 231.12%
So, $10K becomes $26,931 with USCC and $33,110 with VUN, or Annual Returns of 10.6% with USCC and 12.96% with VUN.
And there we go. That's 1 good example confirming exactly what you've been saying Adrian.
Covered Calls cap the Upside Potential and will Underperform Growth Funds.
In this case USCC underperforms VUN by about 20%.
Look forward to your video on this topic Adrian.
I like the idea of Maximum Transparency and for people to have hard numbers to put to the idea that they will likely be making less money (in this case 20% less) using CC's, but, they need to balance that against all the benefits of Monthly Income.
I use a hybrid approach myself.
Hey Adrian, with interest rates maybe peaking (though they may stay high for quite some time) and bond maybe hitting bottom, do you think now is a good time to look at some of the bond funds, particularly the high-yield ones such as HPTY, BOND, etc? Mochas gracias!
yes
EQCL?
Very informative
Hey any thoughts on Evolve US Banks Enhanced Yield Fund, its fallen about 30 percent since inception date, avoid or buy?
ZWK total div paid $9.29 - higher
CALL total div paid $6.72 - lower
why did CALL outperformed ZWK?
Did BMO charged higher fee?
no... the dividend amounts don't matter. its all relative to the stock price. the % is what matters
The income/dividends r taxed as ordinary or qualified?
breakdown is on the website
Awesome.
I might buy some BANK
i like BANK!
Why are Evolve's ETF prices so much cheaper than other companies for the "same" type of ETF ?
you mean fees? or the actual stock prices? (stock prices are irrelevant, its all relative)
@PassiveIncomeInvesting meaning stock prices, but i'm just learning on investigating.
I watched for 5 seconds and turned it off once I saw that it's another paid advertisement. I don't watch sponsored videos, too much risk of a bias.
It's a BMO fund, Of course it's underperforming
I wish EBNK and BASE had leverage, would be nice to get a bit more yield and be more globally diversified
me 2
First