Hamilton Enhanced Canadian Covered Call
ETF

  • Ticker HDIV
  • Yield % 10.57

Delivering You More Income, Every Month

Highlights

HDIV has outperformed the S&P/TSX 60 by 3.48% annualized since inception and 25.73% (not annualized) since inception*Based on total returns (annualized and not annualized) since inception on July 19, 2021. As at December 31, 2025. Source: Bloomberg

Yield of 10.57%*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 December 31, 2025. The yield calculation excludes any additional year end distributions and does not include reinvested distributions. with monthly distributions

Portfolio of primarily sector covered call ETFs with a sector mix broadly similar to the S&P/TSX 60

Modest cash leverage of 25% to enhance yield and growth potential

A GOOD FIT FOR INVESTORS WHO WANT

Attractive monthly income

Sector diversification broadly similar to the S&P/TSX 60 with higher yield

Increased growth potential vs individual covered call ETFs

Higher yielding alternative vs broad-based index ETFs and individual covered call strategies

FUND OBJECTIVE

The fund seeks to provide attractive monthly income and long-term capital appreciation from a diversified, multi-sector portfolio of primarily covered call ETFs focused on Canada.

Performance

  • TICKER HDIV
  • NAV $21.37
  • 1 DAY CHANGE -$0.12
  • YIELD % *

    Current annualized yield.

    10.57
  • ASSETS $1238.4M

Total Returns (incl. Dividends)

As at December 31, 2025

  • ticker 0.0%
  • 1 month 0.8%
  • 3 months 6.1%
  • 6 months 22.3%
  • ytd 33.8%
  • 1 year 33.8%
  • 3 years* 23.3%
  • inception* 17.6%
  • as of date 1200.0%

Outperformance1

since July 2021

DISCLAIMER1. Source: Solactive AG, Bloomberg, Hamilton ETFs. Data from July 19, 2021 to December 31, 2025.
The graph illustrates the growth of an initial investment of $10,000 in the Hamilton Enhanced Canadian Covered Call ETF (HDIV) vs the S&P/TSX 60 Index (TX60AR) with annual compounded total returns. The graph is for illustrative purposes only and intended to demonstrate the historical impact of the indexes compound growth rate. It is not a projection of future index performance, nor does it reflect potential returns on investments in the ETF. Investors cannot directly invest in the index. All performance data assumes reinvestment of distributions and excludes management fees, transaction costs, and other expenses which would have impacted an investor’s returns. The S&P/TSX 60 Index (“Index”) and associated data are a product of S&P Dow Jones Indices LLC, its affiliates and/or their licensors and has been licensed for use by Hamilton ETFs © 2025 S&P Dow Jones Indices LLC, its affiliates and/or their licensors. All rights reserved. Redistribution or reproduction in whole or in part are prohibited without written permission of S&P Dow Jones Indices LLC. For more information on any of S&P Dow Jones Indices LLC’s indices please visit www.spdji.com. S&P® is a registered trademark of Standard & Poor’s Financial Services LLC (“SPFS”) and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). Neither S&P Dow Jones Indices LLC, SPFS, Dow Jones, their affiliates nor their licensors (“S&P DJI”) make any representation or warranty, express or implied, as to the ability of any index to accurately represent the asset class or market sector that it purports to represent and S&P DJI shall have no liability for any errors, omissions, or interruptions of any index or the data included therein.

Higher Yield2

DISCLAIMER2. Current annualized yields as at December 31, 2025. The yield calculation excludes any additional year end distributions and does not include reinvested distributions. Source: Bloomberg, Hamilton ETFs

  • Overview
  • Distributions
  • Documents

Sector Allocation

As at December 31, 2025

  Financials 35.9%
  Technology 15.4%
  Gold 14.4%
  Energy 12.8%
  Utilities 12.5%
  REITs 2.2%
  Other 6.8%

Holdings

As at December 31, 2025

tickernameweight
HFINHamilton Enhanced Canadian Financials ETF21.3%
HMAXHamilton Canadian Financials YIELD MAXIMIZER ETF20.4%
AMAXHamilton Gold Producer YIELD MAXIMIZER ETF16.8%
QMAXHamilton Technology YIELD MAXIMIZER ETF 16.0%
EMAXHamilton Energy YIELD MAXIMIZER ETF14.8%
UMAXHamilton Utilities YIELD MAXIMIZER ETF10.4%
CDAYHamilton Enhanced Canadian Equity DayMAX ETF7.9%
HUTSHamilton Enhanced Utilities ETF4.2%
RMAXHamilton REITs YIELD MAXIMIZER ETF2.6%
QDAYHamilton Enhanced Technology DayMAX ETF1.9%
Cash and Other Assets/Liabilities-16.2%

Please note the portfolio weights include modest ~25% leverage via cash borrowing (not derivatives), provided by a Canadian financial institution.

Fund Details

 

All Hamilton ETFs are available for purchase on the Toronto Stock Exchange (TSX) or Cboe Canada, and can be used in RRSP, RRIF, DPSP, RDSP, FHSA, RESP and TFSA portfolios. To set up a DRIP, please contact your individual brokerage.
TickerHDIV
ExchangeToronto Stock Exchange (TSX)
CUSIP407362102
Inception DateJuly 19, 2021
Assets$1238.4M CAD*
Current Annualized Yield10.57%*
DistributionsMonthly
Currency HedgingNone
Management Fee0.00% (subject to the fees of the underlying portfolio ETFs)
Risk RatingMedium
AuditorKPMG LLP
Legal Entity Identifier5493008TSHTG4IQYNN95

Distributions

HDIV 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
2025-12-312026-01-08Monthly$0.1830
2025-11-282025-12-05Monthly$0.1830
2025-10-312025-11-07Monthly$0.1800
2025-09-292025-10-07Monthly$0.1730
2025-08-292025-09-08Monthly$0.1730
2025-07-312025-08-08Monthly$0.1730
2025-06-302025-07-08Monthly$0.1720
2025-05-302025-06-06Monthly$0.1720
2025-04-302025-05-07Monthly$0.1720
2025-03-312025-04-07Monthly$0.1720
2025-02-282025-03-07Monthly$0.1720
2025-01-312025-02-07Monthly$0.1710
2024-12-312025-01-08Monthly$0.1710
2024-11-292024-12-06Monthly$0.1710
2024-10-312024-11-07Monthly$0.1710
2024-09-272024-10-07Monthly$0.1710
2024-08-302024-09-09Monthly$0.1710
2024-07-312024-08-08Monthly$0.1710
2024-06-282024-07-08Monthly$0.1710
2024-05-312024-06-07Monthly$0.1710
2024-04-292024-05-07Monthly$0.1650
2024-03-272024-04-05Monthly$0.1510
2024-02-282024-03-07Monthly$0.1510
2024-01-302024-02-09Monthly$0.1410
2023-12-282024-01-08Monthly$0.1410
2023-11-292023-12-07Monthly$0.1400
2023-10-302023-11-07Monthly$0.1400
2023-09-282023-10-06Monthly$0.1400
2023-08-302023-09-08Monthly$0.1400
2023-07-282023-08-08Monthly$0.1400
2023-06-292023-07-10Monthly$0.1350
2023-05-302023-06-07Monthly$0.1350
2023-04-272023-05-05Monthly$0.1350
2023-03-302023-04-13Monthly$0.1350
2023-02-272023-03-10Monthly$0.1350
2023-01-302023-02-10Monthly$0.1350
2022-12-292023-01-12Monthly$0.1250
2022-11-292022-12-12Monthly$0.1250
2022-10-282022-11-10Monthly$0.1250
2022-09-282022-10-13Monthly$0.1250
2022-08-302022-09-13Monthly$0.1250
2022-07-282022-08-11Monthly$0.1250
2022-06-292022-07-13Monthly$0.1250
2022-05-302022-06-10Monthly$0.1250
2022-04-282022-05-11Monthly$0.1250
2022-03-302022-04-12Monthly$0.1250
2022-02-252022-03-10Monthly$0.1250
2022-01-282022-02-10Monthly$0.1175
2021-12-302022-01-13Special (non-cash)$0.06438
2021-12-302022-01-13Monthly$0.1175
2021-11-292021-12-10Monthly$0.1175
2021-10-282021-11-10Monthly$0.1175
2021-09-282021-10-13Monthly$0.1175
2021-08-302021-09-13Monthly$0.1175

You can view public filings for the Hamilton Enhanced Canadian Covered Call ETF on SEDAR+.

Press Releases

View the latest HDIV Press Releases

Fact Sheet

HDIV Fact Sheet (2025-12-31) English Français

ETF Facts

HDIV ETF Facts (2025-08-14) English Français

Prospectus

HDIV Prospectus (2025-08-14) English Français

Financial Statements & MRFP

Annual Report (2024-12-31) English Français
Interim Report (2025-06-30) English Français

Latest Portfolio Summary

Q3 2025 Portfolio Summary (2025-09-30) Download

Proxy Voting

Proxy Voting Report (2024-07 to 2025-06) Download

Independent Review Committee

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

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