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Hamilton Enhanced Canadian Bank ETF Class E Units (HCAL : TSX)
Alternative Equity Focus
Click for more information on Fundata’s FundGrade
FundGrade A
Click for more information on Fundata’s FundGrade.
Click for more information on Fundata’s ESG Grade
Fundata ESG Grade A
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|
Close (07-20-2026) |
$50.19 |
|---|---|
| Change |
-$1.50
(-2.90%)
|
| Open | $51.62 |
|---|---|
| Day Range | $50.17 - $51.87 |
| Volume | 137,908 |
As at June 30, 2026
As at June 30, 2026
As at June 30, 2026
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Legend
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Fund Returns
Inception Return (October 14, 2020): 30.34%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 13.38% | 37.46% | 40.32% | 40.32% | 91.98% | 67.13% | 44.85% | 31.51% | 24.01% | - | - | - | - | - |
| Benchmark | 0.50% | 6.96% | 11.16% | 11.16% | 32.87% | 29.58% | 23.48% | 20.08% | 14.85% | 17.82% | 14.73% | 13.31% | 12.99% | 12.79% |
| Category Average | 1.01% | 10.31% | 10.31% | 10.31% | 20.42% | 16.12% | 15.81% | 12.72% | 9.25% | 11.57% | 9.38% | - | - | - |
| Category Rank | 3 / 256 | 8 / 254 | 3 / 240 | 3 / 240 | 3 / 219 | 2 / 166 | 1 / 124 | 3 / 114 | 2 / 90 | - | - | - | - | - |
| Quartile Ranking | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | - |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.54% | 8.30% | 6.86% | 3.19% | 5.26% | 6.15% | -0.57% | 7.93% | -4.88% | 15.12% | 5.32% | 13.38% |
| Benchmark | 1.69% | 4.96% | 5.40% | 0.97% | 3.86% | 1.32% | 0.84% | 7.72% | -4.32% | 3.81% | 2.52% | 0.50% |
Best Monthly Return Since Inception
18.25% (November 2020)
Worst Monthly Return Since Inception
-11.87% (June 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | 51.52% | -17.53% | 11.74% | 28.95% | 54.03% |
| Benchmark | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% | 21.65% | 31.68% |
| Category Average | - | - | - | - | 5.11% | 17.27% | -5.96% | 6.54% | 16.58% | 15.40% |
| Quartile Ranking | - | - | - | - | - | 1 | 4 | 3 | 1 | 1 |
| Category Rank | - | - | - | - | - | 2/ 81 | 86/ 103 | 60/ 118 | 30/ 139 | 4/ 190 |
Best Calendar Return (Last 10 years)
54.03% (2025)
Worst Calendar Return (Last 10 years)
-17.53% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Equity | 123.67 |
| Cash and Equivalents | -23.67 |
Sector Allocation
| Name | Percent |
|---|---|
| Financial Services | 123.67 |
| Cash and Cash Equivalent | -23.67 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 100.00 |
Top Holdings
| Name | Percent |
|---|---|
| HAMILTON CHAMPIONS Can Bank Equ-Wei Idx ETF (HEB) | 123.72 |
| Cash and Cash Equivalents | -23.72 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Hamilton Enhanced Canadian Bank ETF Class E Units
Median
Other - Alternative Equity Focus
3 Yr Annualized
| Standard Deviation | 20.83% | 21.72% | - |
|---|---|---|---|
| Beta | 1.51% | 1.40% | - |
| Alpha | 0.07% | 0.03% | - |
| Rsquared | 0.62% | 0.65% | - |
| Sharpe | 1.74% | 0.97% | - |
| Sortino | 3.90% | 1.72% | - |
| Treynor | 0.24% | 0.15% | - |
| Tax Efficiency | 94.80% | - | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 18.94% | 20.83% | 21.72% | - |
| Beta | 1.03% | 1.51% | 1.40% | - |
| Alpha | 0.38% | 0.07% | 0.03% | - |
| Rsquared | 0.33% | 0.62% | 0.65% | - |
| Sharpe | 3.50% | 1.74% | 0.97% | - |
| Sortino | 12.63% | 3.90% | 1.72% | - |
| Treynor | 0.64% | 0.24% | 0.15% | - |
| Tax Efficiency | 97.49% | 94.80% | - | - |
Fundata ESG Metrics
Fundata ESG Score
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Fundata E Score
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Fundata S Score
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Fundata G Score
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
Fund Details
| Start Date | October 14, 2020 |
|---|---|
| Instrument Type | Exchange Traded Fund (Alternative) |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
| 52 Week High | $52.24 |
| 52 Week Low | $27.36 |
| Annual Dividend | $1.43 |
| Annual Yield | - |
| Index | Solactive Canadian Bank Mean Reversion Index |
| Shares Outstanding | - |
| Registered Plan Eligible | Yes |
ETF Characteristics
| Exposure | 1x performance |
|---|---|
| Asset Class High | - |
| Asset Class Medium | - |
| Asset Class Low | - |
| Leveraged | - |
| Inverse | - |
| Advisor Series | - |
| Covered Call Strategy | No |
Investment Objectives
The investment objective of HCAL is to replicate, to the extent reasonably possible and before the deduction of fees and expenses, a multiple of the performance of a rules-based, variable-weight Canadian bank index. Specifically, the ETF seeks to replicate a 1.25 times multiple of the Solactive Canadian Bank Mean Reversion Index (or any successor thereto).
Investment Strategy
HCAL will seek to achieve its investment objective by borrowing cash to invest in and hold a proportionate share of, or a sampling of the constituent securities of, the Solactive Canadian Bank Mean Reversion Index in order to track approximately 1.25x the performance of such Index.
Portfolio Management
| Portfolio Manager |
Hamilton Capital Partners Inc. |
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
Hamilton Capital Partners Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
TSX Trust Company |
| Distributor |
- |
Fees
| MER | 2.08% |
|---|---|
| Management Fee | 0.65% |
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