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

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 funds that fit a different role in your portfolio.

Cheapest Alternatives to HYLD-U.TO

HYLD-U.TO charges 0.00% annually. Among ETFs in the Derivative Income category, these options have the lowest expense ratios among HYLD-U.TO alternatives.

Symbol	Name	Expense Ratio	Inception
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	0.04%	Jul 5, 2023	HYLD-U.TO vs USCL.TO
EQLI.TO	Invesco S&P 500 Equal Weight Income Advantage ETF	0.29%	Nov 6, 2025	HYLD-U.TO vs EQLI.TO
ECHI.TO	Ninepoint Enhanced Canadian HighShares ETF	0.29%	Aug 22, 2025	HYLD-U.TO vs ECHI.TO
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	0.35%	Sep 12, 2024	HYLD-U.TO vs HBIL.TO
JEPI.TO	JPMorgan US Equity Premium Income Active ETF	0.35%	Sep 27, 2024	HYLD-U.TO vs JEPI.TO

Best Risk-Adjusted Alternatives to HYLD-U.TO

Among ETFs in the Derivative Income category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	97	Jun 8, 2022	HYLD-U.TO vs HLIF.TO
BKCC.TO	Global X Equal Weight Canadian Bank Covered Call E...	97	May 16, 2011	HYLD-U.TO vs BKCC.TO
BKCL.TO	Global X Enhanced Equal Weight Canadian Banks Cove...	97	Jul 5, 2023	HYLD-U.TO vs BKCL.TO
BANK.TO	Evolve Canadian Banks and Lifecos Enhanced Yield I...	96	Feb 1, 2022	HYLD-U.TO vs BANK.TO
GOGY.TO	Harvest Alphabet Enhanced High Income Shares ETF C...	96	Mar 3, 2025	HYLD-U.TO vs GOGY.TO

Top Performing HYLD-U.TO Alternatives (YTD)

HYLD-U.TO alternatives from the Derivative Income category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
EMAX.TO	Hamilton Energy YIELD MAXIMIZER ETF	28.41%	Feb 6, 2024	HYLD-U.TO vs EMAX.TO
ENCL.TO	Global X Enhanced Canadian Oil and Gas Equity Cove...	25.17%	Oct 10, 2023	HYLD-U.TO vs ENCL.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	19.85%	Apr 11, 2011	HYLD-U.TO vs ENCC.TO
HUTE.TO	Harvest Equal Weight Global Utilities Enhanced Inc...	13.43%	Oct 25, 2022	HYLD-U.TO vs HUTE.TO
ZWU.TO	BMO Covered Call Utilities ETF	11.36%	Oct 20, 2011	HYLD-U.TO vs ZWU.TO

Lowest Volatility Alternatives to HYLD-U.TO

HYLD-U.TO alternatives from the Derivative Income category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	1.85%	Sep 12, 2024	HYLD-U.TO vs HBIL.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	7.74%	Jun 14, 2023	HYLD-U.TO vs UMAX.TO
ZWU.TO	BMO Covered Call Utilities ETF	9.11%	Oct 20, 2011	HYLD-U.TO vs ZWU.TO
HPYT.TO	Harvest Premium Yield Treasury ETF A	9.53%	May 30, 2024	HYLD-U.TO vs HPYT.TO
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	9.58%	Jun 8, 2022	HYLD-U.TO vs HLIF.TO

Lowest Drawdown Alternatives to HYLD-U.TO

HYLD-U.TO alternatives from the Derivative Income category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	-1.30%	Sep 12, 2024	HYLD-U.TO vs HBIL.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	-6.23%	Jun 14, 2023	HYLD-U.TO vs UMAX.TO
ZWU.TO	BMO Covered Call Utilities ETF	-6.71%	Oct 20, 2011	HYLD-U.TO vs ZWU.TO
BKCC.TO	Global X Equal Weight Canadian Bank Covered Call E...	-7.71%	May 16, 2011	HYLD-U.TO vs BKCC.TO
HPYT.TO	Harvest Premium Yield Treasury ETF A	-7.76%	May 30, 2024	HYLD-U.TO vs HPYT.TO

Other ETFs from Hamilton

Most popular Hamilton ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
HCA.TO	Hamilton Canadian Bank Mean Reversion Index ETF	Canada Equities	98	3.65%	Jun 26, 2020	HYLD-U.TO vs HCA.TO
MIX.TO	Hamilton Enhanced Mixed Asset ETF	Diversified Portfolio	—	-0.24%	Apr 25, 2025	HYLD-U.TO vs MIX.TO
CWIN.TO	HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...	Dividend	93	9.40%	Jan 27, 2025	HYLD-U.TO vs CWIN.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	Financials Equities	98	3.43%	Apr 3, 2023	HYLD-U.TO vs HEB.TO
FMAX.TO	Hamilton U.S. Financials Yield Maximizer ETF	Financials Equities	9	-8.88%	Feb 6, 2024	HYLD-U.TO vs FMAX.TO
HBA.TO	Hamilton Australian Bank Equal-Weight Index ETF	Financials Equities	63	5.18%	Jun 26, 2020	HYLD-U.TO vs HBA.TO
QMVP.TO	Hamilton Champions U.S. Technology Index ETF	Technology Equities	—	—	Jan 20, 2026	HYLD-U.TO vs QMVP.TO
LMAX.TO	Hamilton Healthcare Yield Maximizer ETF	Health & Biotech Equities	10	-2.07%	Feb 6, 2024	HYLD-U.TO vs LMAX.TO

Often Compared With HYLD-U.TO

What investors most often compare with HYLD-U.TO, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
CRCY.TO	Harvest Circle Enhanced High Income Shares ETF Cla...	Derivative Income	—	0.42%	Sep 26, 2025	HYLD-U.TO vs CRCY.TO
UTES.TO	Evolve Canadian Utilities Enhanced Yield Index Fun...	Derivative Income	89	10.78%	Sep 3, 2024	HYLD-U.TO vs UTES.TO
JEPQ.TO	JPMorgan Nasdaq Equity Premium Income Active ETF	Derivative Income	47	-1.63%	Sep 27, 2024	HYLD-U.TO vs JEPQ.TO
ZWC.TO	BMO CA High Dividend Covered Call ETF	Derivative Income	95	6.72%	Feb 3, 2017	HYLD-U.TO vs ZWC.TO

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.

Symbol name

Hamilton Enhanced U.S. Covered Call ETF (USD)

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