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HCAL ETF · Hamilton Enhanced Canadian Bank ETF
The HCAL Exchange Traded Fund (ETF) is provided by Hamilton ETFs. It is built to track an index: Solactive Canadian Bank Mean Reversion Index. The HCAL ETF provides physical exposure, so by buying it you actually own parts of all the underlying holdings. This share class generates a stream of income by distributing dividends.
Last update Yesterday at 1:30 PM UTC
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CLOSED
This fund is part ofLeveraged Equities1M perf.-4.44%
Last price
$36.21
1M perf.
-2.99%
1M flows
+€2.7M
AuM
€499M
E/R
2.08%
Rating
Not rated
ESG Consensus®
HCAL
$36.21
Performance & flows
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December 15, 2025 → March 13, 2026
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HCAL
$36.22
+0.52%
Leveraged Equities
+3.45%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | -2.99%  | +0.52% | +67.93% | +121.84%  | +133.01%  | -6.42% | +0.42% | +0.42% | |
| Flows |
Key fund info
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This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
Issuer
CUSIP
407363100
ISIN
CA4073631000
AuM
€499M
E/R
2.08%
Replication rating
Not rated
ESG Consensus®
More details
NAV
3/13/2026
$36.22
1D NAV change
-0.94%
Dividend policy
Replication method
Direct (Physical)
Replication model
Other
No. of holdings
N/A
Inception date
10/14/2020
Jurisdiction
Canada
Distribution
Canada
Legal structure
Open-end Investment Company
Base currency
CAD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Product type
Benchmark
Solactive Canadian Bank Mean Reversion Index
Asset class
Factors
N/A
Investment strategy
The fund invests in HCA — which is designed to closely track the returns of the Solactive Canadian Bank Mean Reversion Index TR, investing in Canadian banks — while adding 25% leverage provided by a Canadian financial institution. Unlike other ETFs that utilize leverage, HCAL does not use derivatives.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile
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Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +0.52% | +67.93% | +121.84% | +133.01% |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
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Integrates ESG criteria
No
SDG
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Enterprise
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Hamilton ETFs
Hamilton ETFs ID Card
Number of funds
38
Total AuM
€8.91B
Expense ratio range
0.19% - 2.55%
Average expense ratio
0.8676%
Top 5 funds by Hamilton ETFs
| AuM | ||
|---|---|---|
HMAX | Hamilton Canadian Financials Yield Maximizer ETF | €1.29B |
HDIV | Hamilton Enhanced Multi-Sector Covered Call ETF | €857M |
UMAX | Hamilton Utilities Yield Maximizer ETF | €771M |
HEB | Hamilton Canadian Bank Equal-Weight Index ETF | €671M |
HYLD | Hamilton Enhanced U.S. Covered Call ETF | €613M |
Frequently asked questions about HCAL
What does Hamilton Enhanced Canadian Bank ETF, HCAL, invest in?
HCAL is a Passive ETF. This ETF provides leveraged exposure (1.25x) to Other Large Cap Canadian Banks Equities.
Which benchmark or index does HCAL replicate?
HCAL tracks the Solactive Canadian Bank Mean Reversion GTR Index - CAD, through a replication method.
What is the Total Expense ratio (TER) of HCAL?
HCAL carries a total expense ratio (TER) of 2.08%, indicating the annual cost for holding the fund.
When was HCAL launched?
HCAL was introduced to the market on October 14, 2020. It trades on Canada
Who is the ETF issuer of HCAL?
Hamilton Enhanced Canadian Bank ETF, HCAL, is provided by Hamilton ETFs. Learn more about Hamilton ETFs here.
What is the current assets under management (AUM) of HCAL?
HCAL oversees €499M in assets as of March 13, 2026.
How has HCAL performed lately?
Based on data from March 13, 2026, HCAL returned -2.99% over the past month, 0.52% over the last three months and 0.42% year-to-date.
What are the latest inflows or outflows for HCAL?
As of March 13, 2026, HCAL recorded net flows of +€2.7M over the last month and +€124K year-to-date.
Does HCAL distribute dividends?
HCAL follows a distributing dividend policy, meaning it pays out income to investors. As of March 13, 2026, its 12-month trailing yield was 4.22%.
What is the base currency of HCAL?
The base currency of HCAL is CAD.
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