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Hamilton Enhanced Canadian Bank ETF (HCAL.TO) ETF Analysis

HCAL.TO

Expense ratio 0.82% Yield 3.34% Assets CA$981.22M Since October 14, 2020 Family Hamilton Capital Partners Inc.

Last Updated: October 21, 2026

CA$49.05

+CA$1.00 (+2.08%)

October 21, 2026 · Market close

Compare

Price History

Hover for the daily close. The dotted line marks the period open.

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HCAL.TO Annualized Returns

With dividends reinvested · as of October 21, 2026

Period	Total return	Annualized	CA$100 becomes	CA$300 becomes
1 year	+58.30%	+58.30%	CA$158.30	CA$474.90
3 years	+246.22%	+51.28%	CA$346.22	CA$1,038.67
5 years	+172.10%	+22.16%	CA$272.10	CA$816.30
Since October 15, 2020	+349.15%	+28.37%	CA$449.15	CA$1,347.44

Returns are total returns computed from daily closes, with dividends reinvested. As of October 21, 2026.

HCAL.TO Return by Calendar Year

2020 and 2026 are partial years

−17.53%+54.09%+38.76%

2020*202120222023202420252026*

View as table ↓View as chart ↑

Year	Return
2026 (partial year)	+38.76%
2025	+54.09%
2024	+29.04%
2023	+11.73%
2022	−17.53%
2021	+52.22%
2020 (partial year)	+16.06%

HCAL.TO Monthly Returns

−12%+20%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	−0.8	+8.0	−4.9	+15.2	+4.8	+13.9	+0.7	−4.0	−0.5	+3.0	—	—
2025	+2.6	−2.6	−5.3	+2.9	+10.3	+4.7	+2.6	+8.2	+6.9	+3.3	+5.2	+6.3
2024	−2.4	+2.1	+7.2	−5.2	+3.2	−4.6	+8.4	+5.0	+7.4	+0.8	+6.7	−1.5
2023	+12.3	−1.7	−7.5	+2.8	−6.7	+4.6	+4.9	−7.8	−2.7	−7.6	+10.6	+13.5
2022	+7.1	−1.0	−3.4	−8.1	+3.4	−11.9	+4.5	−4.4	−3.3	+3.8	+6.2	−9.7
2021	−0.1	+9.8	+8.4	+3.8	+8.1	−0.5	−1.1	+0.6	+0.5	+6.8	−1.1	+8.7
2020	—	—	—	—	—	—	—	—	—	—	+19.3	+0.4

Monthly total returns with dividends reinvested; each cell prints its signed value.

HCAL.TO Volatility & Risk

Volatility: 6 yrs

Annualized volatility: 17.39%
Best year: +54.09%
Worst year: −17.53%

Volatility is the annualized standard deviation of daily returns. As of October 21, 2026.

Top Holdings

#	Symbol	Name	Weight
1	HEB.TO	HAMILTON CHAMPIONS Cndn BkEql-WghtIdxETF	125.31%

Analysis

Data-derived

Fund Overview

Hamilton Enhanced Canadian Bank ETF (HCAL.TO) is an exchange-traded fund. Total net assets stand at CA$981.22M. The expense ratio is 0.82%. On a CA$10,000 position that is CA$82.00 a year. Hamilton Capital Partners Inc. is the fund family on file. It has been trading since October 14, 2020.

HAMILTON CHAMPIONS Cndn BkEql-WghtIdxETF alone accounts for 125.31% of the portfolio.

Performance Analysis

The most recent close on file for HCAL.TO is CA$49.05, dated October 21, 2026. The trailing one-year total return is +58.30%. Across 5 years the annualized return works out at +22.16%. The trailing distribution yield is 3.34%.

The strongest complete calendar year on file is 2025 at +54.09%; the weakest is 2022 at −17.53%. Of the 5 complete calendar years on file, 4 finished higher. So far in 2026 the total return is +38.76%.

Price & Risk Profile

Over the past 52 weeks the price has ranged from CA$32.08 to CA$52.24. The latest close sits 52.9% above that 52-week low. Annualized volatility over the trailing 6 years is 17.39%. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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