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Investment Q&A

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Hamilton Enhanced Canadian Covered Call ETF (HDIV $20.28)
- $20.28 P/E (TTM): 17.82X Cap: $988M
- View HDIV Profile
- View Questions on HDIV
Hamilton Enhanced U.S. Covered Call ETF (HYLD $15.09)
- $15.09 P/E (TTM): 31.3X Cap: $934M
- View HYLD Profile
- View Questions on HYLD

Q: What are your thoughts or comments on the Hamilton HDIV and HYLD?

- HDIV has a 10% yield and the other is an 11% yield...

- Are these worth considering ?

Am I missing something?

Any comments or suggestions...?
Thanks,
M

Asked by michael on November 05, 2024

5i Research Answer:

Please see this answer. HYLD is similar in that they both use leverage. This can enhance returns but can also amplify losses. We are comfortable with them, but investors need to understand the risks of leverage and the drawbacks of covered call funds. But for investors who specifically want enhanced income, we are comfortable with them.

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