CBNK vs. HBNK ETF Comparison
Comparison of Mulvihill Enhanced Yield Canadian Bank ETF (CBNK) to Horizons Equal Weight Banks Covered Call ETF (HBNK)
CBNK
Mulvihill Enhanced Yield Canadian Bank ETF
CBNK Description
Mulvihill Enhanced Yield Canadian Bank ETF invests in the common shares of the "Big Six" Canadian Banks while adding modest 25% leverage and option writing strategies to further enhance the underlying portfolio dividend yields. CBNK targets a 7% annual yield, over 2x the current yield of the S&P/TSX Diversified Banks Index, making it the highest yielding Canadian Bank ETF. Mulvihill Capital Management Inc. has a 25+ year track record managing a similar strategy.
Grade (RS Rating)
Last Trade
$8.61
Average Daily Volume
16,415
4
HBNK
Horizons Equal Weight Banks Covered Call ETF
HBNK Description
Grade (RS Rating)
Last Trade
$25.32
Average Daily Volume
48,252
4
Performance
Period | CBNK | HBNK |
---|---|---|
30 Days | 3.03% | 3.15% |
60 Days | 3.91% | 4.39% |
90 Days | 14.56% | 13.68% |
12 Months | 31.91% | 33.59% |
CBNK Overweight 0 Positions Relative to HBNK
Symbol | Grade | Weight |
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CBNK Underweight 0 Positions Relative to HBNK
Symbol | Grade | Weight |
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CBNK: Top Represented Industries & Keywords
HBNK: Top Represented Industries & Keywords