Following the release of Q2 results from BMO and National Bank yesterday, Rob Wessel joined BNN Bloomberg to discuss the key takeaways from the quarter, including implications to the other banks.
Top Performing Canadian Bank & Financials ETFs²
Performance
| Ticker | Fund Name | Yield | 1-Year | 3-Year³ | Since Inception³ |
| HCAL | Hamilton Enhanced Canadian Bank ETF | 6.42% | 24.4% | 7.2% | 17.1% |
| HFIN | Hamilton Enhanced Canadian Financials ETF | 4.63% | 34.4% | 16.8% | 12.7% |
| HEB | Hamilton Canadian Bank Equal-Weight Index ETF | 4.34% | 21.1% | – | 14.5% |
Footnotes:
* The annual management fee of HEB, and HFN are rebated by 0.19% to an effective management fee of 0.00% at least until January 31, 2026.
1. An estimate of the annualized yield an investor would receive if the most recent distribution remained unchanged for the next 12 months, stated as a percentage of the price per unit on April 30, 2025.
2. HCAL: Since inception on October 14, 2020, as at April 30, 2025. Based on a universe of seven Canadian bank ETFs that trade on the Toronto Stock Exchange, including unlevered and covered call strategies. HCAL uses modest 25% cash leverage. Effective April 14, 2023, the investment objective of the Hamilton Enhanced Canadian Bank ETF (HCAL) was changed to equal weight exposure from its prior mean reversion approach. In certain markets, the current approach is expected to outperform the prior ; Since inception on January 26, 2022 to April 30, 2025.
HFIN: Since inception on January 26, 2022 to April 30, 2025. Based on a universe of nine Canadian financials ETFs that trade on the Toronto Stock Exchange, including unlevered strategies. HFIN uses modest 25% cash leverage.
3. Annualized