Hamilton Enhanced Canadian Financials ETF (HFIN.TO)

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The chart shows the growth of an initial investment of CA$10,000 in Hamilton Enhanced Canadian Financials ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Hamilton Enhanced Canadian Financials ETF (HFIN.TO) has returned -3.31% so far this year and 36.19% over the past 12 months.

Based on dividend-adjusted daily data since Jan 27, 2022, HFIN.TO's average daily return is +0.07%, while the average monthly return is +1.49%. At this rate, your investment would double in approximately 3.9 years.

Historically, 63% of months were positive and 37% were negative. The best month was Nov 2023 with a return of +12.2%, while the worst month was Jun 2022 at -10.5%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 3 months.

On a daily basis, HFIN.TO closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +5.6%, while the worst single day was Apr 4, 2025 at -5.3%.

Hamilton Enhanced Canadian Financials ETF has an annualized alpha of 9.57%, beta of 0.66, and R² of 0.36 versus S&P 500 Index. Calculated based on daily prices since January 28, 2022.

• This ETF captured 101.57% of S&P 500 Index gains but only 72.43% of its losses — a favorable profile for investors.
• Beta of 0.66 may look defensive, but with R² of 0.36 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 0.36 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

HFIN.TO has a high expense ratio of 2.18%, indicating above-average management fees.

HFIN.TO ranks 91 for risk / return — in the top 91% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for Hamilton Enhanced Canadian Financials ETF (HFIN.TO) and compare them to a chosen benchmark (S&P 500 Index).

Hamilton Enhanced Canadian Financials ETF provided a 3.40% dividend yield over the last twelve months, with an annual payout of CA$0.87 per share. The fund has been increasing its distributions for 3 consecutive years.

The table displays the monthly dividend distributions for Hamilton Enhanced Canadian Financials ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Hamilton Enhanced Canadian Financials 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 Financials ETF was 26.46%, occurring on Oct 11, 2022. Recovery took 326 trading sessions.

The current Hamilton Enhanced Canadian Financials ETF drawdown is 6.02%.

The chart below shows the rolling one-month volatility.