HYLD-U.TO Alternatives & Similar ETFs

Hamilton Enhanced U.S. Covered Call ETF (USD) (HYLD-U.TO) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HYLD-U.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to HYLD-U.TO

Among 76 ETFs in the Derivative Income category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.04%.

Symbol	Name	Expense Ratio	AUM	Inception
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	0.04%	249.48M	Jul 2023	HYLD-U.TO vs USCL.TO
ECHI.TO	Ninepoint Enhanced Canadian HighShares ETF	0.29%	—	Aug 2025	HYLD-U.TO vs ECHI.TO
EQLI.TO	Invesco S&P 500 Equal Weight Income Advantage ETF	0.29%	155.19M	Nov 2025	HYLD-U.TO vs EQLI.TO
JEPQ.TO	JPMorgan Nasdaq Equity Premium Income Active ETF	0.35%	136.22M	Sep 2024	HYLD-U.TO vs JEPQ.TO
JEPI.TO	JPMorgan US Equity Premium Income Active ETF	0.35%	—	Sep 2024	HYLD-U.TO vs JEPI.TO

Best Risk-Adjusted Alternatives to HYLD-U.TO

HYLD-U.TO has a PortfoliosLab risk / return rank of 74. There are 33 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 98.

Symbol	Name	Risk / Return Rank	AUM	Inception
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	98	—	Jun 2022	HYLD-U.TO vs HLIF.TO
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	97	—	Feb 2022	HYLD-U.TO vs CBNK.TO
BANK.TO	Evolve Canadian Banks and Lifecos Enhanced Yield I...	96	1.08B	Feb 2022	HYLD-U.TO vs BANK.TO
BKCL.TO	Global X Enhanced Equal Weight Canadian Banks Cove...	95	187.53M	Jul 2023	HYLD-U.TO vs BKCL.TO
BKCC.TO	Global X Equal Weight Canadian Bank Covered Call E...	95	370.01M	May 2011	HYLD-U.TO vs BKCC.TO

Top Performing HYLD-U.TO Alternatives (YTD)

HYLD-U.TO is at 15.25% YTD. There are 30 ETFs in the Derivative Income category with higher YTD returns, going as high as 42.78%.

Symbol	Name	YTD Return	AUM	Inception
YAVG.NEO	Broadcom (AVGO) Yield Shares Purpose ETF	42.78%	—	Feb 2025	HYLD-U.TO vs YAVG.NEO
CNQE.TO	Harvest CNQ Enhanced High Income Shares ETF	38.88%	—	Aug 2025	HYLD-U.TO vs CNQE.TO
ENCL.TO	Global X Enhanced Canadian Oil and Gas Equity Cove...	37.98%	286.32M	Oct 2023	HYLD-U.TO vs ENCL.TO
NXF.TO	CI Energy Giants Covered Call ETF Common Units (CA...	31.66%	116.31M	Feb 2015	HYLD-U.TO vs NXF.TO
EMAX.TO	Hamilton Energy YIELD MAXIMIZER ETF	30.95%	476.70M	Feb 2024	HYLD-U.TO vs EMAX.TO

Lowest Volatility Alternatives to HYLD-U.TO

HYLD-U.TO has 14.98% 1-year volatility. There are 42 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 1.66%.

Symbol	Name	Volatility 1Y	AUM	Inception
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	1.66%	235.30M	Sep 2024	HYLD-U.TO vs HBIL.TO
HPYM.TO	Harvest Premium Yield 7-10 Year Treasury ETF - Cla...	4.53%	226.83M	Jan 2024	HYLD-U.TO vs HPYM.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	6.65%	1.34B	Jun 2023	HYLD-U.TO vs UMAX.TO
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	6.89%	—	Jun 2022	HYLD-U.TO vs HLIF.TO
ZWU.TO	BMO Covered Call Utilities ETF	7.59%	2.17B	Oct 2011	HYLD-U.TO vs ZWU.TO

Lowest Drawdown Alternatives to HYLD-U.TO

HYLD-U.TO has a 1-year max drawdown of -12.46%. There are 44 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -0.95%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	-0.95%	235.30M	Sep 2024	HYLD-U.TO vs HBIL.TO
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	-3.09%	—	Jun 2022	HYLD-U.TO vs HLIF.TO
HPYM.TO	Harvest Premium Yield 7-10 Year Treasury ETF - Cla...	-3.85%	226.83M	Jan 2024	HYLD-U.TO vs HPYM.TO
HUTE.TO	Harvest Equal Weight Global Utilities Enhanced Inc...	-4.57%	97.17M	Oct 2022	HYLD-U.TO vs HUTE.TO
ZWU.TO	BMO Covered Call Utilities ETF	-4.86%	2.17B	Oct 2011	HYLD-U.TO vs ZWU.TO

Other ETFs from Hamilton

The 10 most viewed Hamilton ETFs shown here include HCA.TO, LMAX.TO, QMVP.TO and span 7 categories. AUM among these funds goes as high as $1B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
HCA.TO	Hamilton Canadian Bank Mean Reversion Index ETF	Canada Equities	97	23.36%	96.00M	Jun 2020	HYLD-U.TO vs HCA.TO
LMAX.TO	Hamilton Healthcare Yield Maximizer ETF	Health & Biotech Equities	22	-2.28%	199.50M	Feb 2024	HYLD-U.TO vs LMAX.TO
QMVP.TO	Hamilton Champions U.S. Technology Index ETF	Technology Equities	—	—	—	Jan 2026	HYLD-U.TO vs QMVP.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	Financials Equities	96	21.13%	1.27B	Apr 2023	HYLD-U.TO vs HEB.TO
CWIN.TO	HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...	Dividend	83	15.75%	—	Jan 2025	HYLD-U.TO vs CWIN.TO
MIX.TO	Hamilton Enhanced Mixed Asset ETF	Diversified Portfolio	64	8.73%	—	Apr 2025	HYLD-U.TO vs MIX.TO
HBA.TO	Hamilton Australian Bank Equal-Weight Index ETF	Financials Equities	15	-0.34%	132.00M	Jun 2020	HYLD-U.TO vs HBA.TO
FMAX.TO	Hamilton U.S. Financials Yield Maximizer ETF	Financials Equities	11	-5.78%	172.90M	Feb 2024	HYLD-U.TO vs FMAX.TO
UMVP.TO	Hamilton Champions Utilities Index ETF	Utilities Equities	—	—	—	Jan 2026	HYLD-U.TO vs UMVP.TO
HUTS.TO	Hamilton Enhanced Utilities ETF	Utilities Equities	93	19.66%	234.40M	Sep 2022	HYLD-U.TO vs HUTS.TO

Often Compared With HYLD-U.TO

Investors most often compare HYLD-U.TO with CRCY.TO, UTES.TO, YCST.NEO. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CRCY.TO	Harvest Circle Enhanced High Income Shares ETF Cla...	Derivative Income	—	4.52%	—	Sep 2025	HYLD-U.TO vs CRCY.TO
UTES.TO	Evolve Canadian Utilities Enhanced Yield Index Fun...	Derivative Income	82	13.71%	405.53M	Sep 2024	HYLD-U.TO vs UTES.TO
YCST.NEO	Costco (COST) Yield Shares Purpose ETF	Derivative Income	6	13.86%	—	Feb 2025	HYLD-U.TO vs YCST.NEO
HPYT.TO	Harvest Premium Yield Treasury ETF A	Derivative Income	16	-0.04%	385.04M	May 2024	HYLD-U.TO vs HPYT.TO
ZWC.TO	BMO CA High Dividend Covered Call ETF	Derivative Income	93	12.26%	2.30B	Feb 2017	HYLD-U.TO vs ZWC.TO
DXQ.TO	Dynamic Active Enhanced Yield Covered Options ETF	Derivative Income	68	7.36%	—	Sep 2022	HYLD-U.TO vs DXQ.TO
VOO	Vanguard S&P 500 ETF	S&P 500	74	11.34%	1.60T	Sep 2010	HYLD-U.TO vs VOO
GOGY.TO	Harvest Alphabet Enhanced High Income Shares ETF C...	Derivative Income	94	19.65%	—	Mar 2025	HYLD-U.TO vs GOGY.TO
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	78	12.72%	32.85B	Nov 2012	HYLD-U.TO vs VFV.TO
HDIV.TO	Hamilton Enhanced Canadian Covered Call ETF	Derivative Income	93	17.22%	1.63B	Jul 2021	HYLD-U.TO vs HDIV.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	Derivative Income, Energy Equities	89	30.00%	759.08M	Apr 2011	HYLD-U.TO vs ENCC.TO
AVGY.TO	Harvest Broadcom Enhanced High Income Shares ETF -...	Derivative Income	50	25.75%	—	Mar 2025	HYLD-U.TO vs AVGY.TO
GLCC.TO	Global X Gold Producer Equity Covered Call ETF	Derivative Income, Gold	42	1.66%	597.10M	Apr 2011	HYLD-U.TO vs GLCC.TO
CMAX.TO	Hamilton Canadian Equity YIELD MAXIMIZER ETF	Derivative Income	—	—	—	May 2026	HYLD-U.TO vs CMAX.TO
HMAX.TO	Hamilton Canadian Financials Yield Maximizer ETF	Derivative Income	93	12.57%	2.34B	Jan 2023	HYLD-U.TO vs HMAX.TO
RCDC.TO	RBC Canadian Dividend Covered Call ETF	Derivative Income	94	13.36%	—	Jan 2023	HYLD-U.TO vs RCDC.TO
HHIS.TO	Harvest Diversified High Income Shares ETF	Derivative Income	34	9.41%	1.82B	Jan 2025	HYLD-U.TO vs HHIS.TO
MSTE.TO	Harvest MicroStrategy Enhanced High Income Shares ...	Derivative Income	2	-18.72%	—	Mar 2025	HYLD-U.TO vs MSTE.TO
YGOG.NEO	Alphabet (GOOGL) Yield Shares Purpose ETF	Derivative Income, Technology Equities	93	16.00%	62.20M	Dec 2022	HYLD-U.TO vs YGOG.NEO
JEPQ	JPMorgan Nasdaq Equity Premium Income ETF	Nasdaq-100, Derivative Income	76	9.42%	39.63B	May 2022	HYLD-U.TO vs JEPQ

Compare HYLD-U.TO with Any Fund or Stock

Compare HYLD-U.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair HYLD-U.TO with funds that move differently

Hamilton Enhanced U.S. Covered Call ETF (USD) alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HYLD-U.TO.

Explore HYLD-U.TO Diversifiers

Hamilton Enhanced U.S. Covered Call ETF (USD) (HYLD-U.TO) Alternatives