VS
When evaluating costs, HCAL features a management fee (MER) of 0.65%, compared to 0.65% for HDIV. Performance-wise, HCAL has returned 35.68% year-to-date with -$30 M in net flows, whereas HDIV is at 22.1% with +$556 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 | $1,009.64 M | $1,898.12 M |
| Management Fees | 0.65% | 0.65% |
| Exp. ratio | 0.82% | 0.96% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 9, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HCAL | -4.09% | +5.89% | +35.68% | +62.62% | +206.31% |
HDIV | +0.44% | +6.38% | +22.10% | +35.87% | +115.38% | |
| Flows | HCAL | -$25 M | -$36 M | -$30 M | -$35 M | -$55 M |
HDIV | +$72 M | +$199 M | +$556 M | +$749 M | +$1,135 M |
HCAL vs HDIV exposure
Countries
HCAL
Exposure data will be available soon
HDIV
Exposure data will be available soon
Sectors
HCAL
Exposure data will be available soon
HDIV
Exposure data will be available soon
As of September 9, 2026
Top 10 Holdings
HCAL
Exposure data will be available soon
HDIV
Exposure data will be available soon
Diversification
HCAL
Exposure data will be available soon
HDIV
Exposure data will be available soon
Characteristics
Compare
HCAL
HDIV
| Provider | Hamilton ETFs | Hamilton ETFs |
| Management | Passively managed | Actively managed |
| Benchmark | Solactive Equal Weight Canada Banks GTR Index - CAD | - |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.29% | 9.37% |
| 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 September 9, 2026, HCAL has returned 35.68% year to date, while HDIV has returned 22.10%. HCAL is ahead on YTD performance.
Which ETF is larger by assets under management: HCAL or HDIV?
As of September 9, 2026, HCAL manages $1.01 B in assets, while HDIV manages $1.90 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 Equal Weight Canada Banks 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 -$30.43 M in net flows, compared with +$556.37 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 0.82%, while HDIV has an expense ratio of 0.96%.
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