QQCCA and HTA

I've attached an overlap chart for you to give you an idea of the overlap.

My opinion on QQCC is just about the same as any other covered call fund outside of a VERY select few (one which includes HTA). It underperforms the underlying asset, all while exposing investors to 100% of the downside risk. It does this by selling covered calls. This is what covered calls do.

I don't mind covered calls in very particular situations. Covered calls on the fastest growing index in North America are unlikely to be wise, unless they are managed extremely well.