HAMILTON ENHANCED US COVE CALL ETF UNIT HEDGED CADHAMILTON ENHANCED US COVE CALL ETF UNIT HEDGED CADHAMILTON ENHANCED US COVE CALL ETF UNIT HEDGED CAD

HAMILTON ENHANCED US COVE CALL ETF UNIT HEDGED CAD

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Key stats


Assets under management (AUM)
‪793.63 M‬CAD
Fund flows (1Y)
‪265.25 M‬CAD
Dividend yield (indicated)
12.85%
Discount/Premium to NAV
0.2%
Shares outstanding
‪59.61 M‬
Expense ratio
2.44%

About HAMILTON ENHANCED US COVE CALL ETF UNIT HEDGED CAD


Issuer
Hamilton Capital Partners, Inc.
Brand
Hamilton
Inception date
Feb 4, 2022
Structure
Canadian Mutual Fund Corporation (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Primary advisor
Hamilton Capital Partners, Inc.
The fund targets growth of capital and steady income, primarily focusing on US covered call ETFs. It uses leverage limited to 25% of its net asset value (NAV) to enhance potential returns. The fund actively checks and adjusts its investments, taking into account factors such as performance, yield, and changes in investment strategy. Leverage is mainly obtained through cash borrowing, while short sales and derivatives may also be utilized. To manage risks, the fund maintains a maximum exposure to cash borrowing, short selling, and derivatives within 25% of the funds NAV. The leverage ratio is kept constant at 1.25x, ensuring that the funds exposure does not exceed 125% of the NAV. This approach helps to limit risks and protect capital. The leverage ratio is recalibrated if deviations occur, ensuring risk stays within predefined limits.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
ETF
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 HYLD 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.
HYLD trades at 13.42 CAD today, its price has risen 0.83% in the past 24 hours. Track more dynamics on HYLD price chart.
HYLD net asset value is 13.39 today — it's risen 8.18% 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.
HYLD assets under management is ‪793.63 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.
HYLD price has risen by 4.03% over the last month, and its yearly performance shows a 0.68% increase. See more dynamics on HYLD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 8.18% over the last month, showed a 8.45% increase in three-month performance and has increased by 14.73% in a year.
HYLD fund flows account for ‪265.25 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.
HYLD invests in funds. See more details in our Analysis section.
HYLD expense ratio is 2.44%. 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.
No, HYLD isn't leveraged, meaning it doesn't use 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, HYLD technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HYLD shows the buy signal. See more of HYLD technicals for a more comprehensive analysis.
Yes, HYLD pays dividends to its holders with the dividend yield of 12.85%.
HYLD trades at a premium (0.22%).
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.
HYLD shares are issued by Hamilton Capital Partners, Inc.
HYLD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 4, 2022.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.