Key stats
About HAMILTON ENHANCED MLTI SCTR COVE CA EL E UNIT
Home page
Inception date
Jul 19, 2021
Structure
Canadian Mutual Fund Corporation (ON)
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Primary advisor
Hamilton Capital Partners, Inc.
HDIV is a fund-of-funds that makes a leveraged bullish bet on the Solactive MultiSector Covered Call ETFs Index, an equal-weighted index of seven North American covered call ETFs selected across multiple sectors. Eligible ETFs must: 1) be listed on the Toronto Stock Exchange (TSX), 2) be an equity fund with covered call options overlay, 3) be denominated in CAD, and 4) must have a trading price record at least 365 days prior to selection date. Additionally, the funds must be classified under one of the following sectors/industries: Banks, Utilities, IT, Insurance, Gold Miners, Energy, Health Care, or Broad Market. The underlying index rebalances semi-annually. As a geared product with daily resets, HDIV is designed as a short-term trading tool and not a long-term investment vehicle. Long-term returns could materially differ from those of the underlying index due to daily compounding.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF100.00%
Cash−0.00%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HDIV top holdings are Hamilton Enhanced Canadian Financials ETF Trust Units E and Hamilton Canadian Financials YIELD MAXIMIZER (TM) ETF Trust Units E, occupying 20.20% and 16.11% of the portfolio correspondingly.
HDIV last dividends amounted to 0.17 CAD. The month before, the issuer paid 0.17 CAD in dividends,
HDIV assets under management is 701.26 M CAD. It's risen 6.51% over the last month.
HDIV fund flows account for 247.65 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, HDIV pays dividends to its holders with the dividend yield of 11.54%. The last dividend (Jun 6, 2025) amounted to 0.17 CAD. The dividends are paid monthly.
HDIV shares are issued by Hamilton Capital Partners, Inc. under the brand Hamilton. The ETF was launched on Jul 19, 2021, and its management style is Active.
HDIV expense ratio is 2.84% meaning you'd have to pay 2.84% of your investment to help manage the fund.
HDIV follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HDIV invests in funds.
HDIV price has risen by 2.72% over the last month, and its yearly performance shows a 8.41% increase. See more dynamics on HDIV price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.33% over the last month, showed a 7.09% increase in three-month performance and has increased by 22.19% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.33% over the last month, showed a 7.09% increase in three-month performance and has increased by 22.19% in a year.
HDIV trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.