Share Price Chart
Loading graphics...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of CA$10,000 in Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedged), comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Loading graphics...
Different Benchmark Currency
HBIL.TO is traded in CAD, while the ^GSPC benchmark is in USD. To make them comparable, the benchmark values have been converted to CAD using the latest available exchange rates.
Returns By Period
Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedged) (HBIL.TO) has returned -0.05% so far this year and 1.57% over the past 12 months.
Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedged)
- 1D
- -0.27%
- 1M
- -0.95%
- YTD
- -0.05%
- 6M
- 0.35%
- 1Y
- 1.57%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 2.80%
- 1M
- -3.22%
- YTD
- -3.34%
- 6M
- -2.48%
- 1Y
- 12.46%
- 3Y*
- 17.80%
- 5Y*
- 12.48%
- 10Y*
- 12.91%
Monthly Returns
Based on dividend-adjusted daily data since Sep 16, 2024, HBIL.TO's average daily return is 0.00%, while the average monthly return is +0.08%. At this rate, your investment would double in approximately 72.2 years.
Historically, 63% of months were positive and 37% were negative. The best month was Feb 2025 with a return of +0.9%, while the worst month was Mar 2026 at -1.0%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 2 months.
On a daily basis, HBIL.TO closed higher 44% of trading days. The best single day was Jan 20, 2025 with a return of +0.5%, while the worst single day was Apr 10, 2025 at -0.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.12% | 0.78% | -0.95% | -0.05% | |||||||||
| 2025 | 0.29% | 0.94% | 0.16% | 0.00% | -0.43% | 0.60% | 0.03% | 0.33% | 0.68% | 0.43% | 0.10% | -0.13% | 3.05% |
| 2024 | -0.47% | -0.63% | 0.63% | -0.93% | -1.40% |
Benchmark Metrics
Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedged) has an annualized alpha of 0.23%, beta of 0.00, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since September 17, 2024.
- This ETF tended to rise when S&P 500 Index fell (downside capture of -2.53%), but participation in market rallies was also limited (-0.23%) — a profile typical of counter-cyclical assets.
- Beta of 0.00 may look defensive, but with R² of 0.00 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R² of 0.00 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 0.23%
- Beta
- 0.00
- R²
- 0.00
- Upside Capture
- -0.23%
- Downside Capture
- -2.53%
Expense Ratio
HBIL.TO has an expense ratio of 0.35%, placing it in the medium range.
Return for Risk
Risk / Return Rank
HBIL.TO ranks 42 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedged) (HBIL.TO) and compare them to a chosen benchmark (S&P 500 Index).
| HBIL.TO | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.85 | 0.69 | +0.16 |
Sortino ratioReturn per unit of downside risk | 1.19 | 1.06 | +0.14 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.17 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.33 | 1.14 | +0.19 |
Martin ratioReturn relative to average drawdown | 3.88 | 4.22 | -0.34 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Explore HBIL.TO risk-adjusted metrics in detail
Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.
Dividends
Dividend History
Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedged) provided a 6.67% dividend yield over the last twelve months, with an annual payout of CA$0.98 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | CA$0.98 | CA$1.11 | CA$0.40 |
Dividend yield | 6.67% | 7.49% | 2.58% |
Monthly Dividends
The table displays the monthly dividend distributions for Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedged). The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | CA$0.08 | CA$0.08 | CA$0.00 | CA$0.15 | |||||||||
| 2025 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.09 | CA$0.09 | CA$0.09 | CA$0.08 | CA$1.11 |
| 2024 | CA$0.11 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.40 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading graphics...
Worst Drawdowns
The table below displays the maximum drawdowns of the Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedged). A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedged) was 1.69%, occurring on Jan 10, 2025. Recovery took 48 trading sessions.
The current Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedged) drawdown is 0.95%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -1.69% | Sep 17, 2024 | 80 | Jan 10, 2025 | 48 | Mar 20, 2025 | 128 |
| -1.3% | Apr 7, 2025 | 32 | May 22, 2025 | 50 | Aug 1, 2025 | 82 |
| -0.95% | Mar 2, 2026 | 22 | Mar 31, 2026 | — | — | — |
| -0.45% | Mar 21, 2025 | 5 | Mar 27, 2025 | 3 | Apr 1, 2025 | 8 |
| -0.44% | Nov 27, 2025 | 12 | Dec 12, 2025 | 20 | Jan 14, 2026 | 32 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading graphics...