VS
When evaluating costs, HCAL features a management fee (MER) of 0.65%, compared to 1.15% for SPXU. Performance-wise, HCAL has returned 39.71% year-to-date with -$68 M in net flows, whereas SPXU is at 8.37% with -$12 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
SPXU
| AuM | $995.79 M | $166.65 M |
| Management Fees | 0.65% | 1.15% |
| Exp. ratio | 0.82% | 1.75% |
| Tracking Difference | - | - |
Historical performance and flows
As of November 6, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HCAL | +3.42% | -1.66% | +39.71% | +55.65% | +229.42% |
SPXU | -11.89% | -10.38% | +8.37% | +11.18% | +121.10% | |
| Flows | HCAL | -$14 M | -$65 M | -$68 M | -$59 M | -$102 M |
SPXU | +$2 M | -$4 M | -$12 M | -$9 M | -$76 M |
HCAL vs SPXU exposure
Countries
HCAL
Exposure data will be available soon
SPXU
Exposure data will be available soon
Sectors
HCAL
Exposure data will be available soon
SPXU
Exposure data will be available soon
As of November 6, 2026
Top 10 Holdings
HCAL
Exposure data will be available soon
SPXU
Exposure data will be available soon
Diversification
HCAL
Exposure data will be available soon
SPXU
Exposure data will be available soon
Characteristics
Compare
HCAL
SPXU
| Provider | Hamilton ETFs | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Equal Weight Canada Banks GTR Index - CAD | S&P 500 Daily Total Return Index - USD |
| Replication Method | Direct (Physical) | Other |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Capitalization |
| Trailing 12m distribution yield | 3.26% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | October 14, 2020 | June 17, 2008 |
Frequently asked questions about HCAL and SPXU
Which ETF has performed better year to date: HCAL or SPXU?
As of November 6, 2026, HCAL has returned 39.71% year to date, while SPXU has returned 8.37%. HCAL is ahead on YTD performance.
Which ETF is larger by assets under management: HCAL or SPXU?
As of November 6, 2026, HCAL manages $995.79 M in assets, while SPXU manages $166.65 M. HCAL is the larger fund by AUM.
How are HCAL and SPXU managed?
HCAL is passively managed by Hamilton ETFs. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark. SPXU is passively managed by Global X. It tracks the S&P 500 Daily Total Return Index - USD benchmark.
Which ETF is attracting more investor flows: HCAL or SPXU?
Year to date, HCAL has seen -$67.69 M in net flows, compared with -$12.22 M for SPXU. SPXU has attracted more net investor money so far.
How do the fees of HCAL and SPXU compare?
HCAL has an expense ratio of 0.82%, while SPXU has an expense ratio of 1.75%.
Recent articles about HCAL and SPXU
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.

