HAMILTON ENHANCED UTILS ETF UNIT CL EHAMILTON ENHANCED UTILS ETF UNIT CL EHAMILTON ENHANCED UTILS ETF UNIT CL E

HAMILTON ENHANCED UTILS ETF UNIT CL E

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Key stats


Assets under management (AUM)
‪138.59 M‬CAD
Fund flows (1Y)
‪38.86 M‬CAD
Dividend yield (indicated)
7.09%
Discount/Premium to NAV
0.07%
Shares outstanding
‪10.74 M‬
Expense ratio
1.87%

About HAMILTON ENHANCED UTILS ETF UNIT CL E


Issuer
Hamilton Capital Partners, Inc.
Brand
Hamilton
Inception date
Sep 1, 2022
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
Solactive Canadian Utility Services High Dividend Index - CAD - Benchmark TR Gross
Management style
Passive
Dividend treatment
Distributes
Primary advisor
Hamilton Capital Partners, Inc.
The fund is a bullish one-day bet on a broadly defined Canadian utilities sector. It provides 1.25x leveraged exposure to an equally weighted index that captures the TSX-listed companies classified under Utilities, Pipelines, or Telecommunications. Eligible stocks must meet minimum liquidity, dividend yield, and market-cap requirements. To build a concentrated portfolio of 12 stocks, the index ranks stocks within each category by market capitalization, with the highest-ranking securities selected for inclusion. To gain its leveraged exposure, the fund uses cash borrowings, short sales, and derivatives. As a leveraged product, the fund is not a buy-and-hold ETF, it is a short-term tactical instrument. The fund rebalances daily. As a result, compounding and path dependency make its long-term returns difficult to predict when compared with its underlying index. Over longer periods, returns can vary significantly from 1.25x exposure to its underlying index.

Classification


Asset Class
Equity
Category
Sector
Focus
Utilities
Niche
Broad-based
Strategy
Dividends
Geography
Canada
Weighting scheme
Equal
Selection criteria
Dividends
What's in the fund
Exposure type
Stocks
Utilities
Industrial Services
Communications
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to HUTS via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
HUTS trades at 12.87 CAD today, its price hasn't changed in the past 24 hours. Track more dynamics on HUTS price chart.
HUTS net asset value is 12.86 today — it's risen 2.65% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
HUTS assets under management is ‪138.59 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
HUTS price has risen by 2.63% over the last month, and its yearly performance shows a 9.91% increase. See more dynamics on HUTS price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.65% over the last month, showed a 2.63% increase in three-month performance and has increased by 17.74% in a year.
HUTS fund flows account for ‪38.86 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
HUTS invests in stocks. See more details in our Analysis section.
HUTS expense ratio is 1.87%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, HUTS is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, HUTS technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HUTS shows the buy signal. See more of HUTS technicals for a more comprehensive analysis.
Yes, HUTS pays dividends to its holders with the dividend yield of 7.09%.
HUTS trades at a premium (0.07%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
HUTS shares are issued by Hamilton Capital Partners, Inc.
HUTS follows the Solactive Canadian Utility Services High Dividend Index - CAD - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 1, 2022.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.