Hamilton Enhanced Canadian Bank ETF (HCAL.TO)
HCAL aims to deliver 1.25 times the performance of the Solactive Equal Weight Canada Banks Index by investing primarily in Canadian banks and employing a strategy that includes 25% cash leverage, without utilizing derivatives.
ETF Info
407363100
Oct 14, 2020
1.25x
Solactive Equal Weight Canada Banks Index (125%)
Distributing
Large-Cap
Value
Expense Ratio
HCAL.TO features an expense ratio of 0.65%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of CA$10,000 in Hamilton Enhanced Canadian Bank ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Hamilton Enhanced Canadian Bank ETF had a return of -0.59% year-to-date (YTD) and 30.18% in the last 12 months.
HCAL.TO
-0.59%
-2.44%
17.81%
30.18%
N/A
N/A
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of HCAL.TO, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.59% | -0.59% | |||||||||||
| 2024 | -2.44% | 2.09% | 7.22% | -5.23% | 3.17% | -4.60% | 8.40% | 5.04% | 7.37% | 0.82% | 6.67% | -1.47% | 29.04% |
| 2023 | 12.33% | -1.72% | -7.51% | 2.79% | -6.66% | 4.57% | 4.85% | -7.80% | -2.71% | -7.63% | 10.62% | 13.51% | 11.73% |
| 2022 | 7.09% | -0.96% | -3.41% | -8.12% | 3.44% | -11.87% | 4.54% | -4.40% | -3.34% | 3.80% | 6.18% | -9.73% | -17.53% |
| 2021 | -0.13% | 9.76% | 8.36% | 3.79% | 8.07% | -0.51% | -1.08% | 0.60% | 0.47% | 6.40% | -1.11% | 8.73% | 51.61% |
| 2020 | -3.18% | 19.33% | 0.45% | 16.06% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 82, HCAL.TO is among the top 18% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Hamilton Enhanced Canadian Bank ETF (HCAL.TO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Hamilton Enhanced Canadian Bank ETF provided a 6.19% dividend yield over the last twelve months, with an annual payout of CA$1.52 per share. The fund has been increasing its distributions for 4 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Dividend | CA$1.52 | CA$1.52 | CA$1.52 | CA$1.50 | CA$1.29 | CA$0.57 |
Dividend yield | 6.19% | 6.12% | 7.37% | 7.47% | 4.99% | 3.14% |
Monthly Dividends
The table displays the monthly dividend distributions for Hamilton Enhanced Canadian Bank ETF. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | CA$0.13 | CA$0.00 | CA$0.13 | ||||||||||
| 2024 | CA$0.13 | CA$0.13 | CA$0.13 | CA$0.13 | CA$0.13 | CA$0.13 | CA$0.13 | CA$0.13 | CA$0.13 | CA$0.13 | CA$0.13 | CA$0.13 | CA$1.52 |
| 2023 | CA$0.13 | CA$0.13 | CA$0.13 | CA$0.13 | CA$0.13 | CA$0.13 | CA$0.13 | CA$0.13 | CA$0.13 | CA$0.13 | CA$0.13 | CA$0.13 | CA$1.52 |
| 2022 | CA$0.12 | CA$0.12 | CA$0.12 | CA$0.12 | CA$0.12 | CA$0.13 | CA$0.13 | CA$0.13 | CA$0.13 | CA$0.13 | CA$0.13 | CA$0.13 | CA$1.50 |
| 2021 | CA$0.09 | CA$0.09 | CA$0.09 | CA$0.20 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.11 | CA$0.12 | CA$1.29 |
| 2020 | CA$0.09 | CA$0.09 | CA$0.39 | CA$0.57 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Hamilton Enhanced Canadian Bank ETF. 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 Enhanced Canadian Bank ETF was 35.05%, occurring on Oct 27, 2023. Recovery took 225 trading sessions.
The current Hamilton Enhanced Canadian Bank ETF drawdown is 4.00%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -35.05% | Feb 9, 2022 | 431 | Oct 27, 2023 | 225 | Sep 19, 2024 | 656 |
| -5.97% | Oct 26, 2020 | 3 | Oct 28, 2020 | 8 | Nov 9, 2020 | 11 |
| -5.91% | Jan 18, 2022 | 5 | Jan 24, 2022 | 11 | Feb 8, 2022 | 16 |
| -5.73% | Nov 26, 2021 | 3 | Nov 30, 2021 | 16 | Dec 22, 2021 | 19 |
| -5.65% | Aug 26, 2021 | 17 | Sep 20, 2021 | 18 | Oct 15, 2021 | 35 |
Volatility
Volatility Chart
The current Hamilton Enhanced Canadian Bank ETF volatility is 3.59%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.