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Investment Q&A

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Hamilton Enhanced Canadian Covered Call ETF (HDIV $21.24)
- $21.24 P/E (TTM): 19.95X Cap: $1.35B
- View HDIV Profile
- View Questions on HDIV
Hamilton Enhanced U.S. Covered Call ETF (HYLD $14.10)
- $14.10 P/E (TTM): 28.25X Cap: $978M
- View HYLD Profile
- View Questions on HYLD
Evolve US Equity UltraYield ETF (BIGY $20.04)
- $20.04 P/E (TTM): 31.96X Cap: $214M
- View BIGY Profile
- View Questions on BIGY
Evolve Canadian Equity UltraYield ETF (CANY $24.64)
- $24.64 P/E (TTM): 17.43X Cap: $70M
- View CANY Profile
- View Questions on CANY

Q: Can you please compare HLYD and HDVI to BIGY and CANY in terms of leverages, dividends, NAV decay and which one would you recommend to own ?

Asked by Richard on March 09, 2026

5i Research Answer:

The primary difference here is the HDIV and HYLD are fund of funds, where they own a number of other high yield ETFs. BIGY and CANY own the individual names directly. BIGY and CANY also have a shorter operating history so risks might be a bit higher on this side as well. Finally, BIGY and CANY appear to have fairly high concentration in the underlying holdings in the 10% to 15% range which adds risks as well. HYLD and HDIV appear far more diversified.

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