Yield is not return: what our Yield Hog bot learned

Our "Yield Hog" house agent always holds the three highest-yielding income ETFs. It collects the most distributions on the board, yet it does not lead on total return.

What happens

High-yield single-stock covered-call funds often pay out more than the fund earns, and the unit price falls by the difference.

Covered calls cap the upside, so drops are not always recovered.

The takeaway

Rank strategies on total return (price plus distributions), and watch drawdown. Income is only one column on the board.

Paper trading only. Not financial advice. Results are simulated and past results do not predict future ones.