Hamilton Canadian Bank
Mean Reversion Index ETF

  • Ticker HCA
  • Yield % 4.40

A Smarter Way to Invest in Canadian Banks

Canadian Banks HCA

Highlights

Canadian bank ETF with exposure to the “Big Six” banks using a mean reversion strategy

+17.21% annualized return SI*As at June 30, 2025

Yield of 4.40%*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 June 30, 2025. The yield calculation excludes any additional year end distributions and does not include reinvested distributions. with monthly distributions

The Solactive Canadian Bank Mean Reversion Index TR has outperformed an equal weight portfolio of Canada’s banks*Annualized returns of Solactive Canadian Bank Mean Reversion Index TR (SOLCBMRT) since inception on March 16, 2007 vs Solactive Equal Weight Canada Banks Index (SOLCBEW) as at June 30, 2025; source: Bloomberg, Solactive AG

What is Mean-Reversion?

Mean reversion is one of the most popular themes in Canadian bank investing, given the individual Canadian banks have tended to perform similarly over time.

HCA attempts to take advantage of these tendencies by rebalancing the portfolio quarterly and investing 80% of the portfolio in the 3 banks which have recently underperformed, and 20% in the 3 banks which have outperformed.

FUND OBJECTIVE

 

The fund is designed to closely track the returns of the Solactive Canadian Bank Mean Reversion Index TR, which applies a variable-weight, mean reversion trading strategy to Canada’s “Big Six” banks, with quarterly rebalancing.

Performance

  • TICKER HCA
  • NAV $26.61
  • 1 DAY CHANGE +$0.11
  • YIELD % *

    Current annualized yield.

    4.40
  • ASSETS $70.2M

Total Returns (incl. Dividends)

As at June 30, 2025

  • ticker 0.00%
  • 1 month 3.65%
  • 3 months 14.55%
  • 6 months 12.45%
  • year to date 12.45%
  • 1 year 35.44%
  • 3 years* 13.27%
  • 5 years* 16.73%
  • inception* 17.21%
  • as of date 202500.00%

Growth of $10,000 Invested

As at June 27, 2025

Solactive Canadian Bank Mean Reversion Index TR vs Solactive Equal Weight Canada Banks Index

Value of 10,000 of Solactive Canadian Bank Mean Reversion Index TR (SOLCBMRT) vs Solactive Equal Weight Canada Banks Index (SOLCBEW) with annual compounded total returns since inception on March 16, 2007, as at June 30, 2025. Source: Bloomberg, Solactive AG

  • Overview
  • Distributions
  • Documents

Holdings

As at June 30, 2025

tickernameweight
NANational Bank of Canada27.8%
BNSBank of Nova Scotia26.0%
RYRoyal Bank of Canada26.0%
BMOBank of Montreal6.8%
TDToronto-Dominion Bank6.8%
CMCanadian Imperial Bank of Commerce6.6%

Fund Details

 

All Hamilton ETFs are available for purchase on the Toronto Stock Exchange (TSX), and can be used in RRSP, RRIF, DPSP, RDSP, FHSA, RESP and TFSA portfolios. To set up a DRIP, please contact your individual brokerage.
TickerHCA
ExchangeToronto Stock Exchange (TSX)
CUSIP40704K100
Inception DateJune 26, 2020
Investment StyleIndex-based, mean reversion strategy
BenchmarkSolactive Canadian Bank Mean Reversion Index
Assets$70.2M CAD*
Current Annualized Yield4.40%*
DistributionsMonthly
RebalancingQuarterly
Management Fee0.29%
Risk RatingMedium to High
AuditorKPMG LLP
Legal Entity Identifier549300ZKTX737BJCLT27

Distributions

HCA distributions are paid monthly in cash, or if the unitholder has enrolled in the dividend reinvestment plan (DRIP), reinvested in additional units of the ETF. To set up a DRIP, please contact your individual brokerage. The annual tax information is available here.
Ex-Dividend DatePay DateFrequencyAmount
2025-06-302025-07-08Monthly$0.0960
2025-05-302025-06-06Monthly$0.0960
2025-04-302025-05-07Monthly$0.0960
2025-03-312025-04-07Monthly$0.0960
2025-02-282025-03-07Monthly$0.0960
2025-01-312025-02-07Monthly$0.0960
2024-12-312025-01-08Monthly$0.0960
2024-11-292024-12-06Monthly$0.0960
2024-10-312024-11-07Monthly$0.0960
2024-09-272024-10-07Monthly$0.0960
2024-08-302024-09-09Monthly$0.0960
2024-07-312024-08-08Monthly$0.0960
2024-06-282024-07-08Monthly$0.0960
2024-05-312024-06-07Monthly$0.0960
2024-04-292024-05-07Monthly$0.0960
2024-03-272024-04-05Monthly$0.0960
2024-02-282024-03-07Monthly$0.0960
2024-01-302024-02-09Monthly$0.0960
2023-12-282024-01-08Special (cash)$0.1605
2023-12-282024-01-08Monthly$0.0960
2023-11-292023-12-07Monthly$0.0960
2023-10-302023-11-07Monthly$0.0960
2023-09-282023-10-06Monthly$0.0960
2023-08-302023-09-08Monthly$0.0960
2023-07-282023-08-08Monthly$0.0960
2023-06-292023-07-10Special (cash)$0.6000
2023-06-292023-07-10Monthly$0.0960
2023-05-302023-06-07Monthly$0.0960
2023-04-272023-05-05Monthly$0.0960
2023-03-302023-04-13Monthly$0.0960
2023-02-272023-03-10Monthly$0.0960
2023-01-302023-02-10Monthly$0.0960
2022-12-292023-01-12Monthly$0.0960
2022-11-292022-12-12Monthly$0.0960
2022-10-282022-11-10Monthly$0.0960
2022-09-282022-10-13Monthly$0.0960
2022-08-302022-09-13Monthly$0.0960
2022-07-282022-08-11Monthly$0.0960
2022-06-292022-07-13Monthly$0.0960
2022-05-302022-06-10Monthly$0.0925
2022-04-282022-05-11Monthly$0.0925
2022-03-302022-04-12Monthly$0.0925
2022-02-252022-03-10Monthly$0.0925
2022-01-282022-02-10Monthly$0.090
2021-12-302022-01-13Special (non-cash)$1.80801
2021-12-302022-01-13Monthly$0.090
2021-11-292021-12-10Monthly$0.085
2021-10-282021-11-10Monthly$0.080
2021-09-282021-10-13Monthly$0.080
2021-08-302021-09-13Monthly$0.080
2021-07-292021-08-12Monthly$0.080
2021-06-292021-07-13Monthly$0.080
2021-05-282021-06-10Monthly$0.080
2021-04-292021-05-12Special (cash)$0.100
2021-04-292021-05-12Monthly$0.075
2021-03-302021-04-13Monthly$0.075
2021-02-252021-03-10Monthly$0.072
2021-01-282021-02-10Monthly$0.072
2020-12-302021-01-13Special (cash)$0.26041
2020-12-302021-01-13Monthly$0.072
2020-11-272020-12-10Monthly$0.072
2020-10-292020-11-12Monthly$0.072
2020-09-292020-10-13Monthly$0.070
2020-08-282020-09-11Monthly$0.070
2020-07-302020-08-13Monthly$0.070

You can view public filings for the Hamilton Canadian Bank Mean Reversion Index ETF on SEDAR+.

Press Releases

View the latest HCA Press Releases

Fact Sheet

HCA Fact Sheet (2025-06-30) English Français

ETF Facts

HCA ETF Facts (2025-04-04) English Français

Prospectus

HCA Prospectus (2025-04-04) English Français

Financial Statements & MRFP

Annual Report (2024-12-31) English Français
Interim Report (2024-06-30) English Français

Latest Portfolio Summary

Q1 2025 Portfolio Summary (2025-03-31) Download

Proxy Voting

Proxy Voting Report (2023-07 to 2024-06) Download

Independent Review Committee

2024 Annual Report to Securityholders (2025-03-11) Download

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