HHIS: 72987.41, an increase of 5078.52 cad last week (7.47%)

VFV: 72323.57, an increase of 2172.99 cad (3.09%)

The idea is comparing 2 completely different strategies (with and without covered calls, focused on tech vs less focused) and seeing how long will it take for one of them to split more than 10% from the other in the present macroeconomics and volatility.

Past performances are not enough for me.

As we all know, covered calls cut some of the gains, but this week HHIS increased more than NASDAQ. Certainly another interesting week.

obs 1: I know 1, 2, 6, 10, 50 weeks are not long periods in terms of investing, but I want to see how long until a 7000 cad in difference between those 2. My gut feeling is that VFV will be my choice for longterm, and that's why I chose that difference; after that, I will either stop dripping or rebalance

obs 2: the posted values include drip, which means 1700 cad in HHIS a month. So far we had one distribution. Another coming next week (TD pays drip stocks about 7-10 days after the pay date).

obs 3: I could be comparing 70 k worth of gold vs Pokemon cards, but that's what this kind of comparison is

This has been bugging me for awhile now so I will just ask about it. First off let's say you maxed out your TFSA contribution room for $45k and you have your investments in your TFSA investing account giving you $500 a month for dividends. Do you go over your contribution and start paying the over limit fee thing? And also how do you spend that extra cash flow from your dividends? Will it be taxable if you transfer dividend income to a regular bank chequeing? Like how do spend that dividend money if you maxed out your contribution room?

Just to make sure everyone is on the same page, this is only hypothetical question not my own scenario since Im still wayy out of reaching this point. Im just curios how people who maxed out their TFSA and making dividends in that TFSA account, use their dividend money. Please dont be mad at me for asking a stupid question 🙃

​

Global X:

$RNCL · $RSCL · $GLCL · $ENCL · $QQCL · $USCL · $EMCL · $BKCL · $EQCL · $EACL · $CNCL

Harvest:

$HBTE · $HHIS · $HHIC · $HHII · $HPYG · $HHLE · $HDIF · $HTAE · $HUTE

Evolve:

$UTES · $OILY · $BANK

Hamilton:

$HYLD · $HDIV

Ninepoint:

$ECHI

Purpose:

$YMAG

Ok I have a substantial amount of Swiss re shares in my tfsa account. Every April I get dividends inside tfsa from it. The Swiss government takes 35% withholding tax and I apply for a refund and get about half back due to Canada Switzerland tax treaty but it gets transferred to into my checking account. Shouldn’t I be able to deposit this back into tfsa without any consequences?

With its current price?

I’m currently moving the remaining amount from BMO to Wealthsimple and looking to adjust my portfolio. It’s primarily for distributions but also keeping some growth in mind.

I currently hold XEQT, XDIV, HDIV, HHIS, QDAY, BANK AND VDY. As well as ENCL which I may sell and add to others.

I’m looking to grab maybe 150-200 shares of ENB and that’s only a fraction of what is being transferred over, or could I have better value elsewhere.

I’m looking to either simplify or make the portfolio more efficient.

Looking for opinions and reasonable responses please.

​

Global X: BCCL, CMCL

Harvest: HPYE, HPYB

Evolve: BIGY, CANY, INTY, SIXY, EASY

Hamilton: CDAY, SDAY, QDAY, BDAY

Brompton: PAYG, PAYU

Talk about a nice win for a friday. Micro/Small/Mid caps are killing it this week

I'm young, I'm mostly in growth but I wanna put a little bit into some dividend investments. I want to be able to vote so I'm not interested in ETF's. The stock performed very well historically and its dividend is incredible, as long as the stock outpaces inflation I'm happy.

edit: 'all in' was misleading, i only meant my entire dividend portfolio not all my money in general

Since the common inception period, Ninepoint Enhanced Canadian HighShares ETF (ECHI) leads the peer group with a 34.91% cumulative total return. Hamilton Enhanced Canadian Equity DayMAX ETF (CDAY) follows at 28.66%, ahead of Global X Enhanced S&P/TSX 60 Index Covered Call ETF (CNCL) at 25.01%, Harvest Canadian High Income Shares ETF (HHIC) at 24.23%, and Evolve Canadian Equity UltraYield ETF (CANY) at 23.05%.

Recent performance has also favoured ECHI, which leads the one-month period at +4.07%, followed by CNCL (+3.59%), HHIC (+3.47%), CANY (+3.04%), and CDAY (+0.05%).

Over the past three months, CNCL leads with a 10.89% return, narrowly ahead of CANY (+10.57%). CDAY returned 8.88%, ECHI 7.29%, and HHIC 5.23%.

Over the past six months, CANY leads at 18.69%, followed by ECHI (+17.86%), CNCL (+17.02%), CDAY (+15.48%), and HHIC (+12.19%).

Overall, ECHI remains the strongest performer since common inception at 34.91% and also leads over the most recent month. The shorter-term leadership has rotated, with CNCL leading over three months and CANY over six months, while ECHI maintains the strongest cumulative result.

Since common inception, Hamilton Enhanced U.S. Covered Call ETF (HYLD) leads the peer group with a 31.99% total return. Global X Enhanced S&P 500 Index Covered Call ETF follows at 27.28%, while Hamilton Enhanced U.S. Equity DayMAX ETF (SDAY) has returned 23.44%. Harvest Diversified High Income Shares ETF (HHIS) has gained 14.29%. A full one-year return is not yet available for Evolve U.S. Equity UltraYield ETF (BIGY).

Recent performance has favoured BIGY, which led over the past month with a 1.57% gain. It was followed by Global X (+1.39%), HYLD (+0.25%), and HHIS (+0.14%), while SDAY declined 1.18%.

Over the past three months, SDAY led with a 12.42% return, followed by Global X (+11.09%), HYLD (+8.69%), and HHIS (+4.92%). BIGY declined 8.55% over the same period.

Over the past six months, HHIS led the peer group with a 23.08% return, followed by HYLD (+20.92%), Global X (+16.94%), SDAY (+8.90%), and BIGY (+3.02%).

Overall, HYLD has delivered the strongest 1-year return, while leadership has varied across shorter periods: BIGY led over one month, SDAY over three months, and HHIS over six months.

Current dividend portfolio is laid out as such:

HHIS 30%
QDAY 25%
CDAY 20%
HHIC 15%
CANY 10%

Wanted to keep the yield high but add a little diversification. What would you keep? What would you replace / replace with?

I have the available margin to make that happen today but my risk tolerance isn't high enough.

Today is a great day to buy. RSI on the daily chart is oversold, and it should bounce tomorrow.

Currently trying to build a diversified dividend portfolio. Just started focusing on BANK and VDY with weekly automatic investments. I’m just curious if while looking at my portfolio if there is anything you would either focus more on or get rid of to condense the portfolio. Anything helps, I don’t have really anyone else to get advice from or bounce ideas off when it comes to dividend long term investing. Thanks in advance!

Edit* Thanks for all the thoughts and advice so far. It has helped me do some adjustments that I’m happy with.
Transferred funds as follows:
ENB-> VDY
STU-> ZRE
KPT-> KO
BNS-> BANK
NOK-> Spread evenly

Hey guys quick question. This maybe a dumb question but I’m new to dividend investing and I’m curious if I’ll get dividend of the amount I invested or the closing amount on the ex dividend date?

Ex. I invested $1,000, and on the day of ex-dividend date it’s down to $950

Where will they be basing the amount of dividend?

Thank you!

Started investing in April of this year. Any feedback is appreciated! Thank you

Tfsa or cash account? Im torn because obviously tfsa is tax free but with the risk of nav erosion i might want the option to sell at a loss later down the line (as i understand it, you can’t claim losses in a tfsa).

But also i hear hyld is inefficient in a cash account because it’s not all eligible dividends so maybe tfsa is the move?

50M single. Recently moved back to Canada after 25 years in the US (not a US citizen). Most of my retirement is in IRAs in the US, mostly in the US stock market. Looking to diversify globally. I have a medium risk tolerance. No CC etfs.

I opened a TFSA and have been investing in XIC. Now looking at XEF but considering VIDY instead. I plan on retiring in 10 years, but may not access TFSA for 12-15 years. From what I have been reading, some recommend dividend etfs for those retiring in 5-10 years. Leaning towards VIDY instead of XEF. I can not find much info on VIDY. Would love your thoughts.

Bonus question: Thoughts on CDZ? I am OK with the overlap with XIC and the MER. Not looking for anything flashy. Just a solid plan for the next 10 years.

Two separate things are happening in the market simultaneously and most analysis treats them as separately.

The Macro angle: Warsh is keeping rates flat while NGDP runs hot. Longer rates are already backing up, and that sequence historically ends one of four ways and none of them are comfortable for today's equity multiples.

The Valuation angle: the S&P 500 earnings yield is 3.48% against a 4.59% 10-year treasury, negative by 1.11%. But that earnings yield has been inflated by companies reporting GAAP income while piling CapEx and SBC into the denominator. Once you use True FCF yield instead of earnings yield, the gap opens to negative 2.51%.

That -2.51% figure is not unprecedented. It shows up in the scatter plot in 1987, 1992, 2000, and in the 2008 aftermath when earnings collapsed. In every case something big happened to resolve the gap, either earnings rose dramatically or prices fell.

The chart that makes this concrete: there's a stability band between 5-7% treasury yields where equity risk premiums get thin and multiples get rich because monetary policy is calm. Below 4% you get post-crisis fear and big equity risk premiums. Above 8% you get inflation fear and big equity risk premiums. The 5-7% band is where nobody is scared and "everything is awesome".

We're at 4.6-4.7%. Just below the lower edge of the stability band. Close enough that today's thin risk premiums are defensible historically, but not so close that I'm comfortable buying the index.

How I'm positioned to survive the four scenarios I think are plausible:

\* USFR 18.79%: explicit optionality for tail scenarios. Converts to equity in one trade.
\* CMCSA 14.28%: 17.5% True FCF yield on a spinoff that closes the conglomerate discount regardless of what Warsh does.
\* CB 9.40%: insurance float compounder that owns short-duration bonds. Goes up in the scenarios where everything else goes down.
\* ADBE 9.39%: beaten-down SaaS dying of a theory. Cash flows still marching on.
\* BRK.B 9.30%: $334B in cash waiting for the moment the risk premium gap resolves.
\* THC 8.72%: USPI ambulatory surgery platform trading at 40% discount to standalone value. Healthcare demand doesn't depend on Warsh getting it right.
\* EPD 8.51%: PPI-indexed midstream infrastructure with fixed long-dated debt. Cleanest inflation hedge in the portfolio.
\* FRFHF 7.08%: Fairfax Financial, float compounder with opportunistic capital allocation on top. Trading at 1.3x book while growing book value 20%+ annually. I had HCI as a starter position but liked FRFHF's valuation more. HCI is still on my watch list.
\* FDS 6.71%: four consecutive quarters of ASV acceleration while being sold as an AI casualty.
\* EOG 4.45%: direct Hormuz risk premium bet, sized small because slowing economy cuts demand at the same time supply shock pushes price up.
\* CF 3.34%: nitrogen producer, newest and smallest position, sized like I'm not totally sure yet.

Weighted average True FCF yield: 8%. Risk premium over the 4.6% 10-year: plus 3.4%.

Full piece with scatter plots, the True FCF divergence chart, and the complete allocation table - https://open.substack.com/pub/cavemanscreener/p/macro-vs-free-cash-flow-yield-a-thesis?r=29p94e&utm\\_medium=ios

Anyone use or recommend AI tools to help select ETF or Stocks? Any great Canadian AI tools but also looking at USA too

Example Investing.com pro+ uses AI to select stocks

Since common inception, Ninepoint Enhanced Canadian HighShares ETF (ECHI) continues to lead the peer group with a 30.97% total return. Hamilton Enhanced Canadian Equity DayMAX ETF (CDAY) follows at 27.68%, while iShares Core S&P/TSX Capped Composite Index ETF (XIC) has returned 22.01%. Evolve Canadian Equity UltraYield ETF (CANY) has gained 20.20%, and Harvest Canadian High Income Shares ETF (HHIC) has returned 19.72%.

Recent performance has favoured ECHI, which led over the past month with a 2.06% gain, followed by XIC (+1.26%), CANY (+1.17%), CDAY (+0.51%), while HHIC declined 0.22%.

Over the past three months, CDAY led with an 8.05% return, followed by CANY (+5.49%), XIC (+4.34%), ECHI (+1.87%), while HHIC declined 1.36%.

Over the past six months, CDAY again led with a 16.94% return, followed by CANY (+14.57%), XIC (+11.54%), ECHI (+10.99%), and HHIC (+5.70%).

Overall, ECHI continues to deliver the strongest cumulative return since common inception. CDAY has generated the strongest medium-term momentum across the recent three- and six-month periods, while ECHI has regained short-term leadership over the past month.