Alternatives to $QYLD

I've seen a lot of posts about Global X NASDAQ 100 Covered Call ET ($QYLD) and its outsized dividends, currently at 11.23%. I thought I would share some other options, and invite your opinions:

  • Global X Russell 2000 Covered Call ETF ($RYLD) 11.89%
  • Global X S&P 500 Covered Call ETF ($XYLD) 8.39%
  • Eaton Vance Tax-Managed Glbl Buy-Write Oppty Fund ($ETW) 8.34%
  • Delaware Covered Call Strategy Fund; Institutional ($FRCDX) 0.50%
  • Madison Covered Call & Equity Strategy Fund ($MCN) 9.30%
  • Madison Covered Call & Equity Income Fund;Y ($MENYX) 4.32%
  • Covered Bridge Fund;I ($TCBIX) 1.28%
  • Undiscovered Managers Behavioral Value Fund; L ($UBVLX) 0.97%
  • First Trust BuyWrite Income ETF ($FTHI) 4.33%
  • Invesco S&P 500 BuyWrite ETF ($PBP) 0.87%
  • Gateway Equity Call Premium Fund; Y ($GCPYX) 0.61%

I am sure this list is not comprehensive, so feel free to share what you know.

Disclosure: I own QYLD, RYLD, XYLD, ETW, and MENYX


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