High Income ETF Watch

Canadian and International covered-call expansions

Canadian and International covered-call expansions

Key Questions

What new Bitcoin income ETFs is Hamilton launching?

Hamilton ETFs has filed for leveraged Bitcoin income products including IMAX, CMAX, and DAYMAX that utilize 0DTE options and short strategies.

What tax issues affect HMAX, QMAX, and HYLD?

These Hamilton ETFs return 83% or more as return of capital, creating potential tax traps for Canadian investors seeking covered-call income.

How does Global X CMCL work?

Global X CMCL offers 1.25x leveraged commodity covered-call exposure to generate enhanced income from commodity price movements.

Are Hamilton's new ETFs using leverage?

Yes, the filings indicate Hamilton's Bitcoin income ETFs will combine leverage with short options strategies for higher yield potential.

What recent dividend actions did Hamilton take on HYLD and HDIV?

Hamilton raised dividends on HYLD and HDIV alongside announcing the new DAYMAX Bitcoin ETF launch in Canada.

Hamilton IMAX/CMAX new launches; tax traps HMAX/QMAX/HYLD 83%+ ROC; Global X CMCL 1.25x commodity covered calls.

Sources (5)
Updated May 23, 2026