The Canadian Investor · Braden Dennis & Simon Belanger

The Truth About Covered Call ETFs with Ben Felix

October 27, 2025·52 min·4 clips
Ben Felix shows covered call ETFs perform like having 26% of your portfolio in cash, undercutting their high-yield appeal.
Ben Felix joins The Canadian Investor to debunk myths around covered call ETFs, showing they often underperform simple index funds and act like holding cash. He discusses risks like capped upside and marketing conflicts, while also touching on index investing debates and alternative assets like gold.

As heard by us

A blunt look at yield products that can seem safer than they are.

Yield products can sound neat until the mechanics get a closer look. Ben Felix and Simon Belanger point out what the income pitch often leaves out: payouts can lag the fund’s launch value, a sideways market is not really flat, and leverage can make a concentrated portfolio…

Read the full review in PlayNext →

Why you'd press play

You want the covered call income-fund story stress-tested before you buy.

Read the full recommendation in PlayNext →
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