In this video, I share my real-life case study of using covered call ETFs to generate passive income. My goal is to fund $1,000 a month from a $58,519 portfolio as of October 17th, 2025.
$1,000 per month from an average portfolio balance of $53,299.00 is equal to a 22.51% yield. I am currently reinvesting the balance of dividends which is approximately $600 per month. This reinvestment will help to grow the book NAV and monthly income.
I’ll walk you through:
✅ The monthly income results so far
✅ The pros and cons of this high-yield strategy
✅ Whether covered call ETFs are sustainable for income investing
If you’ve ever wondered “Do covered call ETFs really work?” or how they compare to other income investing strategies, this case study will give you real numbers, real results, and lessons I’ve learned along the way.
👉 Don’t forget to like, subscribe, and hit the bell 🔔 if you want to follow along with my journey to $1,000/month from covered call ETFs.
Disclaimer: I am not a financial advisor, this is not financial advise. I am sharing my journey to financial freedom for entertainment purposes only. Do your own research and due diligence before you invest in any stock/ETF, there is always a risk of losing your money. Consult a financial planner if necessary.
Hey! Join me on Wealthsimple and get $25 when you fund any account with my referral code Y5NGEG 🎁 T&Cs apply https://www.wealthsimple.com/invite/Y5NGEG
🌼 Join me on Blossom, the investing social network! https://link.blossomsocial.com/7uYa/1ghde1qe___FB804F3B. Or use code 641357 when you sign up!
#CoveredCallETF #DividendInvesting #PassiveIncome #ETFInvesting #FinancialFreedom
Was wondering if you have any inverse ETFs and have you ever made a video on that?
Great video Paul, I have pulled 5400 out of my TFSA like this since July and my account is up 5700. haters gunna hate
Hey Paul what are your expectations for HHIS in the future if there is a bigger correction, it looks like it handled the dip in April well. I'm fairly optimistic on it as it has recovered quite a bit compared to other covered call ETFs out there. Are there any others like HHIS you have your eyes on these days
Now that your not "working a 9-5" i think u should launch some merch….ur fans will buy a t-shirt…..time to brand urself……im happy to be your volunteer creative director ❤
Ulty is hurting my heart but I’ll still believe I think
You actually proved the point of those who say capital erosion for cc etfs. Why didn't you took out all distributions? You REINVEST back portion of it. Otherwise your capital would go down or would not keep up with inflation.
A question. For ULTY as over time the share price decreases my average price even with DRIP will be higher than current price. If YM keeps the distribution near 85% of current price then over time and after a reverse split or 2 with my higher average price my yield will slowly decline. Yes house money but maybe years down the road closing position and buying another high yield fund would generate higher returns.
Nice video Paul and hope you have a great cruise. My favourite cruise line is Virgin and it’s adults only and rated as some of the best food of any cruise line in the world. Give them a try as most of their cruise leave out of the Miami port.
CC’s are dying. New tech, new funds out there that aren’t eroding your money.
If CC’s really get your raisins graping, stick to the JEPI, GPIX, etc, etc. Anything from Tidal is voodoo.
A lot of the comments attacking cc etfs are just out of ignorance. It is not their fault. As soon as they learn more and see the benefits they will join. If not that is ok too. I am currently living it and collecting. I don’t need to sell any stocks or etfs and it is working perfectly. Then there are people who are working 9 to 5 and say stay away from cc ETFs. Enough said.