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Hamilton Enhanced Canadian Covered Call ETF (HDIV $21.59)
- $21.59 P/E (TTM): 17.11X Cap: $1.32B
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Hamilton Enhanced U.S. Covered Call ETF (HYLD.U $15.37)
- $15.37 P/E (TTM): 28.25X Cap: $82M
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Q: These ETFs advertise on their website annualized yields of between 10.5% and 11.7% which seems very attractive using covered calls and leverage at a management fee of .65%. Do the covered calls generate that much income to increase the yield as well as the leverage? Also does the yield include a significant return of capital?

Thanks for your great service!!

Asked by Bryan on February 11, 2026

5i Research Answer:

Keep in mind these use leverage (25%) so in a bad market things will not be so rosy. But, HDIV...

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