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Hamilton Canadian Bank Mean Reversion Index ETF (HCA : TSX)

Financial Services Equity

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

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Fundata ESG GradeA Click for more information on Fundata’s ESG Grade

Fundata ESG Grade A

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2023

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Close
(12-23-2024)
$23.87
Change
$0.05 (0.21%)
Open $23.78
Day Range $23.74 - $23.87
Volume 3,300

As at November 30, 2024

As at November 30, 2024

As at July 31, 2024

Period
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Legend

Hamilton Canadian Bank Mean Reversion Index ETF

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Fund Returns

Inception Return (June 26, 2020): 16.81%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 6.04% 12.98% 17.53% 19.33% 31.95% 11.19% 7.72% 13.26% - - - - - -
Benchmark 6.63% 11.31% 19.94% 33.55% 38.40% 21.74% 14.13% 15.74% 10.92% 11.06% 9.30% 10.55% 9.90% 10.14%
Category Average 7.57% 20.96% 20.96% 30.90% 39.99% 16.81% 9.92% 14.27% 10.64% 10.78% 8.89% 10.10% 9.68% 9.35%
Category Rank 45 / 76 34 / 76 60 / 76 69 / 75 59 / 75 50 / 65 37 / 56 38 / 56 - - - - - -
Quartile Ranking 3 2 4 4 4 4 3 3 - - - - - -

Monthly Return

Monthly Return
Return % Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Fund 10.57% -1.94% 2.20% 5.45% -3.84% -0.09% -3.38% 6.08% 1.50% 7.24% -0.65% 6.04%
Benchmark 3.63% 1.30% 4.53% 3.76% -1.77% 3.17% -0.07% 6.67% 1.09% 2.08% 2.26% 6.63%

Best Monthly Return Since Inception

14.52% (November 2020)

Worst Monthly Return Since Inception

-9.48% (June 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - 40.25% -13.35% 12.33%
Benchmark 14.35% 14.20% 6.34% 15.24% -4.99% 19.43% -5.24% 22.05% -5.68% 13.41%
Category Average 10.01% 6.19% 11.10% 15.65% -8.72% 20.37% 0.17% 28.60% -10.67% 9.26%
Quartile Ranking - - - - - - - 1 3 2
Category Rank - - - - - - - 3/ 56 37/ 56 27/ 65

Best Calendar Return (Last 10 years)

40.25% (2021)

Worst Calendar Return (Last 10 years)

-13.35% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 99.58
Cash and Equivalents 0.42

Sector Allocation

Sector Allocation
Name Percent
Financial Services 99.58
Cash and Cash Equivalent 0.42

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Bank of Nova Scotia 27.59
Bank of Montreal 26.43
Toronto-Dominion Bank 25.87
National Bank of Canada 6.57
Canadian Imperial Bank of Commerce 6.57
Royal Bank of Canada 6.55
Cash and Cash Equivalents 0.42

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Hamilton Canadian Bank Mean Reversion Index ETF

Median

Other - Financial Services Equity

3 Yr Annualized

Standard Deviation 18.78% - -
Beta 1.11% - -
Alpha -0.07% - -
Rsquared 0.68% - -
Sharpe 0.30% - -
Sortino 0.52% - -
Treynor 0.05% - -
Tax Efficiency 66.22% - -
Volatility Volatility rating is 10 on a scale of 1 to 10 - -

Risk Rating

Rating 10 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 15.97% 18.78% - -
Beta 1.27% 1.11% - -
Alpha -0.13% -0.07% - -
Rsquared 0.48% 0.68% - -
Sharpe 1.55% 0.30% - -
Sortino 4.39% 0.52% - -
Treynor 0.19% 0.05% - -
Tax Efficiency 91.43% 66.22% - -

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date June 26, 2020
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -
52 Week High $24.36
52 Week Low $20.15
Annual Dividend $1.31
Annual Yield -
Index Solactive Canadian Bank Mean Reversion Index
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure 1x performance
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

The investment objective of HCA is to replicate, to the extent reasonably possible and before the deduction of fees and expenses, the performance of a rules-based, variable-weight Canadian bank index. The ETF currently seeks to replicate the Solactive Canadian Bank Mean Reversion Index (or any successor thereto).

Investment Strategy

HCA will seek to achieve its investment objective by investing in and holding a proportionate share of, or a sampling of the constituent securities of, the Solactive Canadian Bank Mean Reversion Index in order to track such Index’s performance.

Portfolio Manager(s)

Name Start Date
Hamilton Capital Partners Inc. 05-22-2020

Management and Organization

Fund Manager Hamilton Capital Partners Inc.
Advisor Hamilton Capital Partners Inc.
Custodian CIBC Mellon Trust Company
Registrar TSX Trust Company
Distributor -
Auditor KPMG LLP

Fees

MER 0.55%
Management Fee 0.45%

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