I made a post like this earlier, my Canadian 🇨🇦brother and sisters wanted a Canadian version . I did some research. $QMAX - currently has an annualized yield of about 11.14% and pays monthly; it holds major U.S. technology companies and uses covered calls. Hamilton Technology Yield Maximizer ETF 💰 ~11.1% current annualized yield 📅 Pays monthly 💻 U.S. technology stocks + covered calls ⚠️ Higher risk / tech concentration $SMAX - is another strong Canadian-listed option for broad U.S. equity income, with a current annualized yield around 10.78% and monthly distributions. Hamilton U.S. Equity Yield Maximizer ETF 💰 ~10%+ income potential 📅 Pays monthly 🇺🇸 Broad U.S. equity exposure + covered calls 💡 Designed for enhanced income $USCL - provides U.S. large-cap exposure with an enhanced covered-call strategy and was showing about 12.45% annualized distribution yield in September 2026, with monthly distributions. You can either have this or SMAX, can still have both though your choice. Global X U.S. Large Cap Covered Call ETF 💰 High-income strategy 📅 Pays monthly 🇺🇸 U.S. large-cap stocks + covered calls 💡 Income-focused U.S. exposure $HMAX - is concentrated in Canadian banks and insurers, uses covered calls, pays monthly, and was showing about 11.87% annualized yield. Hamilton Canadian Financials Yield Maximizer ETF 💰 High monthly income 📅 Pays monthly 🏦 Canadian banks & financial companies 💡 Covered-call strategy $HLIF- is another cleaner Canadian-dividend option: 30 large-cap Canadian companies, covered calls, monthly distributions, and a current yield around 6.64%. Harvest Canadian Dividend Leaders Income ETF 💰 ~6.6% current yield 📅 Pays monthly 🇨🇦 30 large-cap Canadian dividend companies 💡 Dividend stocks + covered calls $HDIF 🏆 Harvest Diversified Monthly Income ETF 💰 ~11% current yield 📅 Pays monthly 🌎 Diversified income portfolio 💡 Designed for enhanced monthly cash flow $ZWC 🏆 BMO Canadian High Dividend Covered Call ETF 💰 High-income Canadian dividend strategy 📅 Pays monthly 🇨🇦 Canadian dividend stocks + covered calls 💡 A popular option for investors looking for Canadian income $HVOI 🏆 Harvest Low Volatility Canadian Equity Income ETF 💰 ~7% current yield 📅 Pays monthly 🇨🇦 Canadian equities 💡 Lower-volatility approach + covered calls 💡 ONE IMPORTANT THING High yield doesn’t automatically mean better returns. Covered calls can increase cash distributions, but they can also limit some upside, and distributions can change over time. And for Canadian investors, tax treatment matters especially if you’re trying to manage taxable income or income-tested benefits.
