Investment Q&A

• iShares Russell 2000 Growth ETF (IWO $317.06)
  • $317.06 P/E (TTM): 22.36X Cap: $12.44B
  • View IWO Profile
  • View Questions on IWO
• iShares Core S&P Mid-Cap ETF (IJH $67.63)
  • $67.63 P/E (TTM): 19.82X Cap: $108.94B
  • View IJH Profile
  • View Questions on IJH
• iShares Russell 2000 ETF (IWM $248.78)
  • $248.78 P/E (TTM): 17.63X Cap: $71.82B
  • View IWM Profile
  • View Questions on IWM
• iShares S&P Mid-Cap 400 Growth ETF (IJK $101.55)
  • $101.55 P/E (TTM): 28.36X Cap: $9.45B
  • View IJK Profile
  • View Questions on IJK

Q: Please recommend a USA small cap etf

Upvote 4

Read Answer Asked by Gerald on January 02, 2026

• Hamilton U.S. Bond YIELD MAXIMIZER TM ETF (HBND $12.33)
  • $12.33 Cap: $169M
  • View HBND Profile
  • View Questions on HBND

Q: Hello 5i team,
I have held HBND since Feb 24 and it has been on a steady slow decline (along with the payout) ever since. I think you mentioned that lower interest rates are always better for this ETF. In light of the US lowering there rates in the coming year, will this be good for HBND?

Net assets is currently 212 M according to there website. Do you have any knowledge if this is growing? I am asking this because although the payout is decreasing, it is still pretty good and would not want this ETF to close down like what happened to HYI.

Thank You,
Andrew

Upvote 1

Read Answer Asked by Andrew on January 02, 2026

• PIMCO Income Strategy Fund Shares of Beneficial Interest (PFL $7.74)
  • $7.74 P/E (TTM): 9.01X Cap: $294M
  • View PFL Profile
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Q: The withholding tax in my tfsa is 15%

Would this same 15% apply in a non registered account or would it be higher? If so, how much

Thank you

Upvote 4

Read Answer Asked by JACK on January 02, 2026

• NBI Global Private Equity ETF (NGPE $41.55)
  • $41.55 P/E (TTM): 26.21X Cap: $436M
  • View NGPE Profile
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Q: Why is NGPE declaring such a massive dividend for Dec 2025?

Upvote 1

Read Answer Asked by Patrick on December 30, 2025

• Hamilton Enhanced Canadian Covered Call ETF (HDIV $20.80)
  • $20.80 P/E (TTM): 20.4X Cap: $1.35B
  • View HDIV Profile
  • View Questions on HDIV

Q: For all of us who are interested in the fee's charged by Hamilton for HDIV and HYLD ETF'S, straight from Hamilton.


Thank you for your interest in Hamilton ETFs.



As of June 30th, 2025, the MER for HDIV is 1.90%, and the MER for HYLD is 1.87%.



Both can be found on our website in each fund’s financial statements. They’re found under the documents tab on their fund page.



The MER includes the cost of 25% modest leverage, and all performance and distributions are net of fees.



Thank you.



Alex Fozard
Head of Inside Sales

Hamilton ETFs

Upvote 4

Read Answer Asked by Greg on December 29, 2025

• Vanguard Conservative ETF Portfolio (VCNS $31.16)
  • $31.16 P/E (TTM): 13.31X Cap: $807M
  • View VCNS Profile
  • View Questions on VCNS
• Vanguard Balanced ETF Portfolio (VBAL $36.48)
  • $36.48 P/E (TTM): 6.89X Cap: $4.79B
  • View VBAL Profile
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• iShares Core Balanced ETF Portfolio (XBAL $33.04)
  • $33.04 P/E (TTM): 15.47X Cap: $2.84B
  • View XBAL Profile
  • View Questions on XBAL
• BMO Conservative ETF (ZCON $12.48)
  • $12.48 P/E (TTM): 2.39X Cap: $90M
  • View ZCON Profile
  • View Questions on ZCON
• iShares Core Conservative Balanced ETF Portfolio (XCNS $25.06)
  • $25.06 P/E (TTM): 23.01X Cap: $355M
  • View XCNS Profile
  • View Questions on XCNS
• FIDELITY ALL-IN-ONE BALANCED ETF (FBAL)
  • P/E (TTM): 24.32X
  • View FBAL Profile
  • View Questions on FBAL

Q: Thanks fo r this mornings reply which was great except one question you did not answer and it is this,
From all of the etf's listed which do you suggest to be in TFSA or RRIF?
Thanks.
Terry

Upvote 1

Read Answer Asked by Terry on December 29, 2025

• iShares Russell 2000 Growth ETF (IWO $317.06)
  • $317.06 P/E (TTM): 22.36X Cap: $12.44B
  • View IWO Profile
  • View Questions on IWO
• iShares Core S&P/TSX Capped Composite Index ETF (XIC $51.14)
  • $51.14 P/E (TTM): 18.19X Cap: $25.38B
  • View XIC Profile
  • View Questions on XIC
• Vanguard Dividend Appreciation FTF (VIG $215.25)
  • $215.25 P/E (TTM): 24.38X Cap: $106.13B
  • View VIG Profile
  • View Questions on VIG
• State Street SPDR S&P 500 ETF Trust (SPY $653.18)
  • $653.18 P/E (TTM): 26.17X Cap: $646.57B
  • View SPY Profile
  • View Questions on SPY

Q: Hi Gang
What are your top 5 etf. At this time
Thanks Mike B

Upvote 12

Read Answer Asked by Mike on December 23, 2025

• iShares Silver Trust (SLV $62.95)
  • $62.95 Cap: $34.06B
  • View SLV Profile
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• SPDR Gold Shares (GLD $404.13)
  • $404.13 Cap: $149.44B
  • View GLD Profile
  • View Questions on GLD
• VanEck Gold Miners ETF (GDX $83.50)
  • $83.50 P/E (TTM): 37.85X Cap: $25.69B
  • View GDX Profile
  • View Questions on GDX
• Global X Silver Miners ETF (SIL $83.45)
  • $83.45 P/E (TTM): 29.93X Cap: $5.03B
  • View SIL Profile
  • View Questions on SIL
• Global X Copper Miners ETF (COPX $73.00)
  • $73.00 P/E (TTM): 36.56X Cap: $6.56B
  • View COPX Profile
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• Sprott Physical Copper Trust (COP.U $9.69)
  • $9.69 Cap: $124M
  • View COP.U Profile
  • View Questions on COP.U

Q: Hi Gang

Thanks for your great service

What are Your top Gold. Copper and Sliver ETFs at this time
Thanks MIke B

Upvote 7

Read Answer Asked by Mike on December 22, 2025

• TD Cash Management ETF (TCSH $50.08)
  • $50.08 P/E (TTM): 13.15X Cap: $872M
  • View TCSH Profile
  • View Questions on TCSH

Q: Order Fill Limit Order Tips for ETFs. I have been placing limit orders to buy TCSH ETF which is a Canadian money market ETF. I have access to Time & Sales data using TD Advanced Dashboard. It looks like the transaction prices vary between 50.10 and 50.11 with "size" typically 100 to 200. I am not sure if "size" refers to lot size or quantity of shares (maybe you guys know?). I would like to buy 1,800 shares at 50.10. Will I have better success rate if I place multiple limit orders using lower quantities at 50.10 or likely the same result if I just place 1 limit order for 1,800 shares at 50.10? Your thoughts would be appreciated.

Upvote 1

Read Answer Asked by Ian on December 22, 2025

• BMO MSCI EAFE Index ETF (ZEA $28.01)
  • $28.01 P/E (TTM): 25.99X Cap: $11.48B
  • View ZEA Profile
  • View Questions on ZEA
• iShares Core MSCI EAFE IMI Index ETF (XEF $46.08)
  • $46.08 P/E (TTM): 23.12X Cap: $18.41B
  • View XEF Profile
  • View Questions on XEF
• Vanguard FTSE Developed All Cap ex North America Index ETF (VIU $43.54)
  • $43.54 P/E (TTM): 1.18X Cap: $8.84B
  • View VIU Profile
  • View Questions on VIU
• Vanguard FTSE Developed All Cap Ex U.S. Index ETF (VDU $54.65)
  • $54.65 P/E (TTM): 9.6X Cap: $726M
  • View VDU Profile
  • View Questions on VDU
• Vanguard FTSE Emerging Markets All Cap Index ETF (VEE $44.10)
  • $44.10 P/E (TTM): 6.04X Cap: $3.57B
  • View VEE Profile
  • View Questions on VEE

Q: My portfolio by region is Canada 58%, US 37%, International 5%. It is recommended that I put my international to 25%. What are 5 stocks/ETF's that you would recommend that would increase my international exposure? Industry-wise, I am heavy on financials and energy already, and I prefer a balanced portfolio. Thanks!

Upvote 2

Read Answer Asked by Timothy on December 22, 2025

• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $43.00)
  • $43.00 P/E (TTM): 16.81X Cap: $1.12B
  • View CDZ Profile
  • View Questions on CDZ
• Vanguard Dividend Appreciation FTF (VIG $215.25)
  • $215.25 P/E (TTM): 24.38X Cap: $106.13B
  • View VIG Profile
  • View Questions on VIG

Q: Hi, I’m retired 70 year old , looking at more conservative alternatives to stocks for a portion of my portfolio (30-40%). Could you give your opinion on TIPS I believe it’s US , but I see a Canadian version ZTIP. Interesting that it is inflation protection? Your thoughts and best one to buy. ( like to keep taxes simple).
Also could you give me your favourite dividend aristocrat etf. And do you consider this etf more conservative than a regular dividend etf.
Thanks for your help over the years, Merry Christmas

Upvote 2

Read Answer Asked by Brad on December 22, 2025

• Virtus Private Credit Strategy ETF (VPC $14.75)
  • $14.75 P/E (TTM): 11.62X Cap: $35M
  • View VPC Profile
  • View Questions on VPC
• Accelerate Diversified Credit Income Fund (INCM $13.21)
  • $13.21 P/E (TTM): 13.13X Cap: $55M
  • View INCM Profile
  • View Questions on INCM

Q: What are your thoughts on investing in private credit? Should it be part of a diversified portfolio? Are the above ETF's a good vehicle to invest in private credit?
Happy Holidays to the 5i staff!

Upvote 3

Read Answer Asked by ROB on December 22, 2025

• iShares Core Canadian Short Term Bond Index ETF (XSB $26.75)
  • $26.75 P/E (TTM): 45.21X Cap: $3.87B
  • View XSB Profile
  • View Questions on XSB
• Purpose High Interest Savings Fund (PSA $50.09)
  • $50.09 Cap: $3.04B
  • View PSA Profile
  • View Questions on PSA
• Global X High Interest Savings ETF (CASH $50.03)
  • $50.03 P/E (TTM): 13.15X Cap: $6.85B
  • View CASH Profile
  • View Questions on CASH
• Global X 0-3 Month T-Bill ETF (CBIL $50.05)
  • $50.05 Cap: $2.13B
  • View CBIL Profile
  • View Questions on CBIL
• High Interest Savings Account ETF (HISA)
  • View HISA Profile
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Q: Hello, Im looking for a conservative option to GICs
Would it be preferred shares ? Please help and avise

thanks so much

Tim

Upvote 4

Read Answer Asked by Tim on December 22, 2025

• iShares S&P/TSX Global Gold Index ETF (XGD $51.25)
  • $51.25 P/E (TTM): 24.93X Cap: $3.57B
  • View XGD Profile
  • View Questions on XGD

Q: gold has gone up a lot this year do you think new buying for something like xgd is a reasonable decision?

Upvote 6

Read Answer Asked by joseph on December 22, 2025

• Global X US Dollar Currency ETF (DLR.U $10.19)
  • $10.19 P/E (TTM): 13.15X Cap: $199M
  • View DLR.U Profile
  • View Questions on DLR.U
• Hamilton Utilities YIELD MAXIMIZER TM ETF (UMAX $13.52)
  • $13.52 P/E (TTM): 14.79X Cap: $1.21B
  • View UMAX Profile
  • View Questions on UMAX
• Harvest Premium Yield Treasury ETF (HPYT $8.21)
  • $8.21 Cap: $378M
  • View HPYT Profile
  • View Questions on HPYT
• Hamilton U.S. T-Bill YIELD MAXIMIZER TM ETF (HBIL $14.64)
  • $14.64 Cap: $221M
  • View HBIL Profile
  • View Questions on HBIL

Q: Will have to sell one of these to raise cash. Which one? Thanks and Greetings Peter.

Upvote 4

Read Answer Asked by peter on December 20, 2025

• Hamilton Enhanced Canadian Covered Call ETF (HDIV $20.80)
  • $20.80 P/E (TTM): 20.4X Cap: $1.35B
  • View HDIV Profile
  • View Questions on HDIV

Q: I’m looking for the MER to HDIV. The Globe & Mail has it at 0.65%, Morningstar lists 2.550%, Hamilton ETFs site says “0.00% (subject to the fees of the underlying portfolio ETFs)”.

I’m guessing I don’t get to pick the one I like best so wondering what it actually is?

Upvote 2

Read Answer Asked by Raymond on December 20, 2025

• Hamilton Canadian Bank Equal-Weight Index ETF (HEB $27.41)
  • $27.41 P/E (TTM): 15.2X Cap: $1.03B
  • View HEB Profile
  • View Questions on HEB

Q: What is your opinion of this today? For a retired guy seeking Dividends + Growth? Or, can you suggest an alternative?

Thanks for your amazing service!

Upvote 1

Read Answer Asked by Austin on December 19, 2025

• BMO Equal Weight Banks Index ETF (ZEB $58.78)
  • $58.78 P/E (TTM): 15.44X Cap: $4.91B
  • View ZEB Profile
  • View Questions on ZEB
• iShares Canadian Financial Monthly Income ETF (FIE $9.64)
  • $9.64 P/E (TTM): 13.37X Cap: $1.23B
  • View FIE Profile
  • View Questions on FIE
• Hamilton Enhanced Canadian Covered Call ETF (HDIV $20.80)
  • $20.80 P/E (TTM): 20.4X Cap: $1.35B
  • View HDIV Profile
  • View Questions on HDIV
• Hamilton Canadian Financials YIELD MAXIMIZER TM ETF (HMAX $15.52)
  • $15.52 P/E (TTM): 16.66X Cap: $2.04B
  • View HMAX Profile
  • View Questions on HMAX

Q: Half of my RIF focuses on steady, monthly income and the other half on individual stocks. To balance safety with higher income, I am looking to have equal weight in FIE and HMAX. As I rely on this monthly income, what do you think of this approach for long term holding? Can you suggest better alternatives?

Upvote 5

Read Answer Asked by Jean on December 19, 2025

• Hamilton Enhanced U.S. Covered Call ETF (HYLD $13.53)
  • $13.53 P/E (TTM): 28.25X Cap: $952M
  • View HYLD Profile
  • View Questions on HYLD
• RBC Canadian Dividend Covered Call ETF (RCDC $24.00)
  • $24.00 P/E (TTM): 12.37X Cap: $50M
  • View RCDC Profile
  • View Questions on RCDC
• NEOS Nasdaq 100 High Income ETF (QQQI $50.25)
  • $50.25 P/E (TTM): 32.59X Cap: $9.29B
  • View QQQI Profile
  • View Questions on QQQI
• NEOS S&P 500 High Income ETF (SPYI $49.56)
  • $49.56 P/E (TTM): 25.57X Cap: $8.11B
  • View SPYI Profile
  • View Questions on SPYI

Q: Looking at the idea of adding covered call ETFs to add some income. Understand how they work, can you recommend a few to take a look at and maybe why?

Upvote 3

Read Answer Asked by Danielle on December 17, 2025

• State Street Financial Select Sector SPDR ETF (XLF $49.28)
  • $49.28 P/E (TTM): 16.77X Cap: $47.40B
  • View XLF Profile
  • View Questions on XLF
• State Street Financial Select Sector SPDR Premium Income ETF (XLFI $22.40)
  • $22.40 P/E (TTM): 16.7X Cap: $3M
  • View XLFI Profile
  • View Questions on XLFI

Q: Sentiment appears to be favoring financials for now and 2026. Do you agree?
If so which of the following ETFs would your suggest as being the likely winner: KBNB 14Xpe,1 year14%,
XLF 18XE 1 Yr. 5%, IYG 19X 1 Yr, 10%

The composition of these ETF’s is similar but KBNB seems to favor a slightly different group of financial stocks including BRK.B

Hence my uncertainty. Thanks again for helping to sort this out,

Upvote 3

Read Answer Asked by Donald on December 17, 2025