Hamilton Enhanced U.S.
Covered Call ETF
Delivering You More U.S. Income, Every Month
Highlights:
Yield of 11.07%*As at April 29, 2022 with monthly distributions
Equal-weight portfolio of 7 U.S. equity covered call ETFs with sector mix broadly similar to the S&P 500
Available for purchase in CAD-Hedged (HYLD) and USD-Unhedged (HYLD.U)
Solactive U.S. Covered Call ETFs Index TR x 1.25 had similar performance and volatility as the S&P 500*Since inception on May 31, 2019. As at April 29, 2021. Volatility is measured as the annualized standard deviation of daily returns.
A GOOD FIT FOR INVESTORS WHO WANT:
Attractive monthly income in
USD (HYLD.U) or CAD (HYLD)
Diversified blue-chip U.S. equity exposure
A higher-yielding alternative to the
S&P 500 with similar volatility
Enhanced growth potential and yield by adding modest 25% cash leverage
FUND OBJECTIVE
The fund seeks to replicate a 1.25 times multiple of the Solactive U.S. Covered Call ETFs Index TR (SOLUSCCT), comprised of equal weightings of 7 higher-yielding U.S.-focused covered call ETFs.
Performance
- TICKER HYLD
- NAV $14.26
- CHANGE +$0.04
-
YIELD *
As at April 29, 2022
11.07% - ASSETS $129.9M
Index Performance1
since May 2019
1Value of $100,000 invested in Solactive U.S. Covered Call ETFs Index TR (SOLUSCCT) x 1.25 and the S&P 500 Index since inception on May 31, 2019; as at April 29, 2022. Source: Bloomberg, Solactive AG, Hamilton ETFs
Higher Yield2
2HYLD target yield vs S&P 500 yield at April 29, 2022. Source: Bloomberg, Hamilton ETFs
- Overview
- Distributions
- Documents
█ Consumer 30.9%
█ Communications 11.5%
█ Financial 8.0%
█ Industrial 5.4%
█ Energy 1.6%
█ Basic Materials 14.9%
█ Utilities 0.9%
| ticker | name | weight |
| HEP | Horizons Enhanced Income Gold Producers ETF | 16.2% |
| HHL | Harvest Healthcare Leaders Income ETF | 15.9% |
| XYLD | Global X S&P 500 Covered Call ETF | 14.8% |
| RYLD | Global X Russell 2000 Covered Call ETF | 14.3% |
| HBF | Harvest Brand Leaders Plus Income ETF | 14.1% |
| QYLD | Global X NASDAQ 100 Covered Call ETF | 13.5% |
| TXF | CI Tech Giants Covered Call ETF | 11.2% |
| Ticker | HYLD (CAD hedged) HYLD.U (USD unhedged) |
| Exchange | Toronto Stock Exchange (TSX) |
| CUSIP | HYLD: 40736Q109 HYLD.U: 40736Q208 |
| Inception Date | February 4, 2022 |
| Investment Style | Passive, equal-weight |
| Benchmark | Solactive U.S. Covered Call ETFs Index TR |
| Assets | $135.4M CAD* |
| Yield | 11.07%* |
| Distributions | Monthly |
| Rebalancing | Semi-Annually |
| Management Fee | 0.65% |
| Administrator | Horizons ETFs Management (Canada) Inc. |
| Auditor | KPMG LLP |
| Ex-Dividend Date | Paid | Frequency | Amount |
|---|---|---|---|
| 2022-05-30 | 2022-06-10 | Monthly | $0.1400 |
| 2022-04-28 | 2022-05-11 | Monthly | $0.1400 |
| 2022-03-30 | 2022-04-12 | Monthly | $0.1375 |
| 2022-02-25 | 2022-03-10 | Monthly | $0.1375 |
You can view public filings for the Hamilton Enhanced U.S. Covered Call ETF on SEDAR.
Special Meeting & Unitholder Vote on June 7, 2022
Notice and Access Download
Management Information Circular Download
Proxy Form Download
Fact Sheet
HYLD Fact Sheet (2022-04-29) English Français
ETF Facts
HYLD ETF Facts (2022-05-06) English Français
HYLD.U ETF Facts (2022-05-06) English Français
Prospectus
HYLD Prospectus (2022-01-19) English Français
HYLD Prospectus Amendment (2022-05-06) English Français
Latest Portfolio Summary
Q1 2022 Portfolio Summary (2022-03-31) Download
Independent Review Committee
2021 Annual Report to Securityholders (2022-03-21) Download