VS
When evaluating costs, HCAL features a management fee (MER) of 0.65%, compared to 0.65% for HDIV. Performance-wise, HCAL has returned 40.86% year-to-date with +$2 M in net flows, whereas HDIV is at 19.2% with +$445 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
HCAL
HDIV
| AuM | $1,087.64 M | $1,773.34 M |
| Management Fees | 0.65% | 0.65% |
| Exp. ratio | 2.08% | 2.55% |
| Tracking Difference | - | - |
Historical performance and flows
As of July 24, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HCAL | +2.30% | +21.78% | +40.86% | +85.77% | +191.78% |
HDIV | +1.89% | +8.17% | +19.20% | +42.39% | +105.15% | |
| Flows | HCAL | -$7 M | +$2 M | +$2 M | -$2 M | -$6 M |
HDIV | +$74 M | +$185 M | +$445 M | +$704 M | +$1,032 M |
HCAL vs HDIV exposure
Countries
HCAL
Exposure data will be available soon
HDIV
Other
35.14%
Canada
33.76%
USA
28.21%
Sectors
HCAL
Exposure data will be available soon
HDIV
Other
35.14%
Finance
19.76%
Energy
14.11%
Technology
11.05%
Non-Energy Materials
11.04%
Other
8.89%
As of July 24, 2026
Top 10 Holdings
HCAL
Exposure data will be available soon
HDIV
CA4073641082
20.20%
CA40736C1005
6.60%
Royal Bank of Canada
4.44%
CA40737J1049
3.55%
The Toronto-Dominion Bank
3.08%
Bank of Montreal
1.90%
CA40736A1049
1.75%
The Bank of Nova Scotia
1.64%
Canadian Imperial Bank of Commerce
1.63%
Brookfield Corp.
1.60%
Diversification
HCAL
Exposure data will be available soon
HDIV
Total weight of top 10 holdings out of 94 total
46.40%
Characteristics
Compare
HCAL
HDIV
| Provider | Hamilton ETFs | Hamilton ETFs |
| Management | Passively managed | Actively managed |
| Benchmark | Solactive Canadian Bank Mean Reversion GTR Index - CAD | - |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.10% | 9.26% |
| Meets ESG criteria | No | No |
| Inception Date | October 14, 2020 | July 19, 2021 |
Frequently asked questions about HCAL and HDIV
Which ETF has performed better year to date: HCAL or HDIV?
As of July 24, 2026, HCAL has returned 40.86% year to date, while HDIV has returned 19.20%. HCAL is ahead on YTD performance.
Which ETF is larger by assets under management: HCAL or HDIV?
As of July 24, 2026, HCAL manages $1.09 B in assets, while HDIV manages $1.77 B. HDIV is the larger fund by AUM.
How are HCAL and HDIV managed?
HCAL is passively managed by Hamilton ETFs. It tracks the Solactive Canadian Bank Mean Reversion GTR Index - CAD benchmark. HDIV is actively managed by Hamilton ETFs. It does not track an index.
Which ETF is attracting more investor flows: HCAL or HDIV?
Year to date, HCAL has seen +$2.17 M in net flows, compared with +$445.34 M for HDIV. HDIV has attracted more net investor money so far.
How do the fees of HCAL and HDIV compare?
HCAL has an expense ratio of 2.08%, while HDIV has an expense ratio of 2.55%.
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