Hamilton ETFs Launches Canada’s First 0DTE ETFs with DayMAX™ Suite
Hamilton ETFs debuts CDAY, SDAY, and QDAY on Cboe Canada, pioneering daily call-writing strategies for high-frequency income.
Hamilton ETFs has launched Canada’s first suite of 0DTE (zero days to expiry) covered call ETFs on Cboe Canada:
- Hamilton Enhanced Canadian Equity DayMAX™ ETF (CDAY)
- Hamilton Enhanced U.S. Equity DayMAX ETF™ (SDAY)
- Hamilton Enhanced Technology DayMAX ETF™ (QDAY)
Debuting July 15, 2025, these innovative funds aim to deliver higher and more frequent income by writing daily call options and applying modest 25% leverage to blue-chip equities in Canada, the U.S., and the tech sector. This expansion further solidifies Hamilton ETFs’ role as a leader in income-focused ETF innovation in Canada.
How These ETFs Work
The DayMAX™ ETFs target a growing segment in the income investing space: zero days to expiry (0DTE) options. These are call options written each trading day and expire the same day—allowing the ETFs to potentially harvest option premiums more frequently than traditional covered call strategies.
Each fund applies a modest 25% leverage overlay, allowing it to hold a slightly enhanced exposure to the underlying equity basket, which may amplify both income generation and capital appreciation potential.
- CDAY focuses on Canadian blue-chip equities
- SDAY targets large-cap U.S. equities
- QDAY is concentrated on the tech sector, tapping into its growth and volatility for premium generation
This combination of daily option writing and modest leverage is designed to increase both distribution frequency and yield, all while retaining core equity exposure.
Why Investors Should Consider These ETFs
The DayMAX™ suite offers a new tool for income-seeking investors looking to enhance cash flow, diversify across time horizons, and take advantage of short-term market dynamics. Here’s how:
- Higher & more frequent income: Daily option writing aims to maximize income by continually harvesting time decay.
- Time-diversified income: When paired with Hamilton’s longer-duration YIELD MAXIMIZER™ ETFs, DayMAX™ allows for complementary income profiles across strategies.
- Exposure with conviction: Each ETF maintains focused exposure to core markets—Canada, U.S., and Technology—while using modest leverage to enhance returns.
- Portfolio flexibility: With more frequent distributions and time horizon diversification, DayMAX™ helps advisors and investors manage liquidity, consistency, and cash flow planning more effectively.
“We are excited to be launching Canada’s first suite of 0DTE (zero-days-to-expiry) ETFs with Cboe Canada, whose commitment to innovation makes them a strong fit for this launch,” said Hamilton ETFs. “Our new DayMAX™ lineup—CDAY, SDAY, and QDAY—is purpose-built for income-focused investors and aims to generate higher and more frequent income by writing daily call options and employing modest 25% leverage.”
About the Issuer
Hamilton ETFs is one of Canada’s fastest growing ETF providers, with over $9 billion in assets under management. Known for its expertise in financials and income strategies, Hamilton offers a broad range of sector-focused, income-enhancing ETFs designed to meet the evolving needs of Canadian investors. The launch of the DayMAX suite reinforces the firm’s ongoing leadership in innovation, income optimization, and strategic equity exposure.
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Please note this article is for information purposes only and does not in any way constitute investment advice. It is essential that you seek advice from a registered financial professional prior to making any investment decision.
