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Hamilton Enhanced Canadian Bank ETF (HCAL)
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Hamilton Enhanced Multi-Sector Covered Call ETF (HDIV)
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Hamilton Enhanced U.S. Covered Call ETF (HYLD)
Q: A while ago I asked 5I to run the numbers on HCAL as an example of one of Hamilton's new leveraged ETF's comparing both a covered call and similar market ETF and speculate on the return of their other ones ...... Below in quotations is the answer I got .....
" HCAL 1 month 1.7%, three months 0.85%, YTD 34.9%
ZWB 0.9%, 1.65%, 23.7%
ZEB 1.05%, 1.72%, 29.9%
The difference is likely very closely related to the leverage impact. We would not expect HDIV to be different. " .....
Clearly the Hamilton product out performed both the covered call and regular banking market ETF's
Please clarify the following answer given to Craig this morning ? .....
" For a long-term hold, we would side with either VUN or ZWH, as HYLD would cap long-term capital gains due ot the coverd call strategy. We would be fine with the prospects of both ZWH and VUN but side with VUN for a broader exposure to higher growth areas. "
" HCAL 1 month 1.7%, three months 0.85%, YTD 34.9%
ZWB 0.9%, 1.65%, 23.7%
ZEB 1.05%, 1.72%, 29.9%
The difference is likely very closely related to the leverage impact. We would not expect HDIV to be different. " .....
Clearly the Hamilton product out performed both the covered call and regular banking market ETF's
Please clarify the following answer given to Craig this morning ? .....
" For a long-term hold, we would side with either VUN or ZWH, as HYLD would cap long-term capital gains due ot the coverd call strategy. We would be fine with the prospects of both ZWH and VUN but side with VUN for a broader exposure to higher growth areas. "