Enhanced exposure to Canada’s Big Six banks for attractive monthly income & long-term growth potential, supported by some of the world’s strongest, most profitable financial institutions

Solactive Canada Dividend Elite Champions Index

Market Capitalization

Established companies with average market cap of $73B

Dividend Growth

Companies with average of 10%+ dividend growth

Stability

Stocks with 6+ year history of growing dividends (no decreases)

Index Outperformance vs S&P/TSX 60

As at September 30, 2025

Blue-chip Components

Royal Bank of Canada logo
CIBC logo
Sun Life Financial logo
Enbridge logo
Fortis logo
Agnico Eagle logo
Intact logo
Loblaws logo
Couche-Tard logo
Waste Connections logo
Manulife logo

Portfolio Advantages

    CHAMPIONS Index* S&P/TSX 60
Annualized Return1 Higher Returns 9.40% 7.70%
Yield2 Higher Monthly Income 3.30% 2.80%
Standard Deviation3 Lower Volatility 16.30% 17.90%
Max Drawdown4 Lower Peak-to-Trough -45.50% -48.10%
Time to Recovery5 Faster Recovery 632 days 1709 days
Tax Info Notes

Growth of $10,000

As at September 30, 2025

Total Returns (incl. Dividends)

As at September 30, 2025
Yield* 1 month 3 months 6 months Year to date 1 year 2 years* 3 years* 5 years* 10 years* Inception* As of Date Ticker
4.65 3.2 19.4 41.3 37.9 44.8 49.3 23.9 24.3 23.5 31/10/2025 HCAL

Calendar Returns (incl. Dividends)

2021 2022 2023 2024 Ticker
-17.53 11.74 28.95 HCAL

Sector Allocation

As at September 30, 2025

Geographic Allocation

As at September 30, 2025

Top Holdings

As at September 30, 2025
Ticker Name Weight
WPM Wheaton Precious Metals Corp 4.60%
AEM Agnico Eagle Mines Ltd 4.50%
FNV Franco-Nevada Corp 4.40%
T TELUS Corp 4.40%
TD Toronto-Dominion Bank 4.30%
WCN Waste Connections Inc 4.30%
IFC Intact Financial Corp 4.20%
BMO Bank of Montreal 4.20%
L Loblaw Cos Ltd 4.10%
FTS Fortis Inc/Canada 4.10%
MFC Manulife Financial Corp 4.00%
CP Canadian Pacific Kansas City L 4.00%
ENB Enbridge Inc 3.90%
RY Royal Bank of Canada 3.90%
CM Canadian Imperial Bank of Comm 3.90%
TOU Tourmaline Oil Corp 3.90%
CNR Canadian National Railway Co 3.80%
BNS Bank of Nova Scotia/The 3.80%
SLF Sun Life Financial Inc 3.80%
BCE BCE Inc 3.70%
TRP TC Energy Corp 3.70%
ATD Alimentation Couche-Tard Inc 3.70%
NA National Bank of Canada 3.60%
MG Magna International Inc 3.50%
CNQ Canadian Natural Resources Ltd 3.40%

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.

  Value
Ticker HCAL
Inception Date 14-Oct-20
Investment Style Index-based, modest 25% leverage
Benchmark Solactive Equal Weight Canada Banks Index
Assets $721.5M CAD (as at 25 Nov, 2025)
Current Annualized Yield* 4.65% (as at 31 Oct, 2025)
Distributions Monthly
Leverage 25% (no derivatives)
Management Fee 0.65%
Risk Rating High
CUSIP 407363100

Distributions

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

Press Releases

View the latest HCAL Press Releases

Fact Sheet

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

ETF Facts

HCAL ETF Facts (2024-06-05) English Français

Prospectus

HCAL Prospectus (2024-06-05) English Français

A special meeting of HCAL unitholders was held on February 15, 2023. For further details, please see the Management Information Circular.

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

How to Invest

Hamilton ETFs trade on the Toronto Stock Exchange, and can be bought and sold through your investment advisor, or any Canadian self-directed brokerage account, including

BMO logo
Questrade Logo
QTrade logo
Wealth Simple logo
TD logo
Couche-Tard logo
Waste Connections logo
Manulife logo