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Harvest Canadian Dividend Leaders Income ETF (HLIF) and Hamilton Enhanced Multi-Sector Covered Call ETF (HDIV) offer distinct profiles for Canadian ETF investors. A direct comparison shows that HLIF focuses its top 3 sector exposures on Finance, Energy, and Utilities, while HDIV leans towards Finance, Energy, and Technology. When evaluating costs, HLIF features a management fee (MER) of 0.65%, compared to 0.65% for HDIV. Performance-wise, HLIF has returned 21.29% year-to-date with +$38 M in net flows, whereas HDIV is at 18.51% with +$471 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
HLIF
HDIV
| AuM | $196.18 M | $1,788.94 M |
| Management Fees | 0.65% | 0.65% |
| Exp. ratio | 0.79% | 2.55% |
| Tracking Difference | - | - |
Historical performance and flows
As of July 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HLIF | +4.20% | +8.23% | +21.29% | +37.67% | +78.03% |
HDIV | -0.10% | +7.44% | +18.51% | +40.73% | +103.52% | |
| Flows | HLIF | +$12 M | +$26 M | +$38 M | +$42 M | +$47 M |
HDIV | +$76 M | +$186 M | +$471 M | +$706 M | +$1,058 M |
HLIF vs HDIV exposure
Countries
HLIF
Canada
89.35%
USA
9.90%
HDIV
Other
35.14%
Canada
33.76%
USA
28.21%
Sectors
HLIF
Finance
40.26%
Energy
22.79%
Utilities
13.30%
Other
23.64%
HDIV
Other
35.14%
Finance
19.76%
Energy
14.11%
Technology
11.05%
Non-Energy Materials
11.04%
Other
8.89%
As of July 30, 2026
Top 10 Holdings
HLIF
Thomson Reuters Corp.
3.55%
Royal Bank of Canada
3.40%
Bank of Montreal
3.40%
Emera, Inc.
3.40%
Restaurant Brands International, Inc.
3.38%
IGM Financial, Inc.
3.38%
The Toronto-Dominion Bank
3.38%
Nutrien Ltd.
3.37%
Great-West Lifeco, Inc.
3.37%
National Bank of Canada
3.36%
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
HLIF
Total weight of top 10 holdings out of 30 total
34.00%
HDIV
Total weight of top 10 holdings out of 94 total
46.40%
Characteristics
Compare
HLIF
HDIV
| Provider | Harvest Portfolios Group | Hamilton ETFs |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 5.92% | 9.32% |
| Meets ESG criteria | No | No |
| Inception Date | June 13, 2022 | July 19, 2021 |
Frequently asked questions about HLIF and HDIV
Which ETF has performed better year to date: HLIF or HDIV?
As of July 30, 2026, HLIF has returned 21.29% year to date, while HDIV has returned 18.51%. HLIF is ahead on YTD performance.
Which ETF is larger by assets under management: HLIF or HDIV?
As of July 30, 2026, HLIF manages $196.18 M in assets, while HDIV manages $1.79 B. HDIV is the larger fund by AUM.
How are HLIF and HDIV managed?
HLIF is actively managed by Harvest Portfolios Group. It does not track an index. HDIV is actively managed by Hamilton ETFs. It does not track an index.
What sectors do HLIF and HDIV emphasize?
HLIF is most exposed to Finance, Energy, and Utilities. HDIV is most exposed to Finance, Energy, and Technology.
Which ETF is attracting more investor flows: HLIF or HDIV?
Year to date, HLIF has seen +$37.53 M in net flows, compared with +$471.01 M for HDIV. HDIV has attracted more net investor money so far.
How do the fees of HLIF and HDIV compare?
HLIF has an expense ratio of 0.79%, while HDIV has an expense ratio of 2.55%.
What are the top holdings of HLIF and HDIV?
HLIF's largest holdings include Thomson Reuters Corp., Royal Bank of Canada, and Bank of Montreal. HDIV's top holdings include Royal Bank of Canada and The Toronto-Dominion Bank.
Which ETF is more diversified: HLIF or HDIV?
HLIF holds 30 securities, while HDIV holds 90. On holdings count, HDIV is the more diversified portfolio.
Recent articles about HLIF and HDIV
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