Comparing the performance of $QYLD to $QQQ throughout the volatility, the covered call ETF has outperformed the Nasdaq ETF.

The covered call hedge helps smooth out the volatility of investing in the Nasdaq and the monthly dividends provide a neat cash return on my investment. In times like these, cash is king.

I will say that I'm surprised that more investors aren't piling into the covered call ETF as a "flight of safety" during these times.