CoverCall Ledger

Learn

Covered-call & income ETF guides

Plain-language explainers on covered calls, distribution coverage, and fund comparisons — with links to filing-backed data on CoverCall Ledger.

Open the live coverage table to see earned vs paid for each fund.

Basics

Basics

What is distribution coverage?

How to read distribution coverage for covered-call and income ETFs: earned vs paid from issuer filings, Dist. coverage vs yield, and fund examples.

Updated 2026-08-27

Basics

What is a covered call ETF?

Plain-language guide to covered-call and buy-write ETFs in Canada and the US — how they work, trade-offs, and examples like HMAX, ZWB, QQCL, and JEPI.

Updated 2026-08-27

Basics

Distribution coverage vs distribution yield

Yield tells you the size of the cheque; distribution coverage asks whether issuer financial statements supported what was paid. Learn the difference.

Updated 2026-08-27

Comparisons

Issuers

Not investment advice. Confirm figures against issuer documents.