Question 1

What is HYLD?

Accepted Answer

HYLD — Hamilton Enhanced U.S. Covered Call ETF — is a Canadian-listed ETF trading on the TSX. The fund seeks to provide attractive monthly income and long-term capital appreciation from a diversified, multi-sector portfolio of primarily covered call ETFs, primarily focused on the U.S.

Question 2

What is the HYLD ETF price today?

Accepted Answer

HYLD last traded at $15.91 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the HYLD MER (management expense ratio)?

Accepted Answer

HYLD has a management expense ratio (MER) of 0% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time. At 0%, HYLD is considered a low-cost ETF.

Question 4

What are HYLD annualised returns?

Accepted Answer

HYLD historical returns: YTD: +8.05%, 1-year: +26.18%, 3-year annualised: +25.72%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.23, which measures risk-adjusted return.

Question 5

Does HYLD pay dividends or distributions?

Accepted Answer

Yes, HYLD distributes income to unitholders. The current distribution yield is approximately 11.81%, paid monthly. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does HYLD invest in?

Accepted Answer

HYLD's top holdings include Hamilton U.S. Equity YIELD MAXIMIZER ETF (SMAX, 59.8%), Hamilton Technology Yield Maximizer ETF (QMAX, 28.1%), Hamilton U.S. Financials YIELD MAXIMIZER ETF (FMAX, 7.6%), Hamilton EnhancedU.S. Equity DayMAX™ ETF (SDAY, 7.4%), Hamilton Healthcare YIELD MAXIMIZER ETF (LMAX, 6.3%) — and 4 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar CAD O/N Cash GR CAD.

Question 7

What sectors does HYLD invest in?

Accepted Answer

HYLD's largest sector exposures are Technology (37.3%), Financial Services (12.8%), Healthcare (10.3%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is HYLD? (Assets under management)

Accepted Answer

HYLD has approximately $1.25B in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was HYLD launched?

Accepted Answer

HYLD was launched on February 4, 2022, giving it a 4-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy HYLD in Canada?

Accepted Answer

HYLD trades on the TSX under the ticker HYLD. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is HYLD?

Accepted Answer

HYLD has a 1-year volatility of 19.15% and a beta of 0.00 (less volatile than the broad market). Its 3-year Sharpe ratio of 1.23 indicates solid risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-10-01	$15.92	$15.96	$15.80	$15.90	$15.90	134,725
2026-09-30	$15.95	$16.00	$15.88	$15.88	$15.88	43,103
2026-09-29	$15.97	$15.97	$15.85	$15.92	$15.92	103,447
2026-09-28	$16.22	$16.22	$16.02	$16.07	$16.07	305,318
2026-09-25	$16.28	$16.30	$16.18	$16.28	$16.28	78,994
2026-09-24	$16.15	$16.25	$16.09	$16.24	$16.24	117,538
2026-09-23	$16.31	$16.31	$16.12	$16.23	$16.23	88,956
2026-09-22	$16.24	$16.31	$16.23	$16.30	$16.30	73,389
2026-09-21	$15.94	$16.29	$15.94	$16.27	$16.27	417,798
2026-09-18	$15.84	$15.88	$15.77	$15.87	$15.87	58,273

#	Ticker	Name	Weight
1	SMAX	Hamilton U.S. Equity YIELD MAXIMIZER ETF	59.75%
2	QMAX	Hamilton Technology Yield Maximizer ETF	28.08%
3	FMAX	Hamilton U.S. Financials YIELD MAXIMIZER ETF	7.59%
4	SDAY	Hamilton EnhancedU.S. Equity DayMAX™ ETF	7.37%
5	LMAX	Hamilton Healthcare YIELD MAXIMIZER ETF	6.32%
6	QDAY	Hamilton EnhancedTechnology DayMAX™ ETF	4.88%
7	AMAX	Hamilton Gold Producer YIELD MAXIMIZER ETF	2.74%
8	EMAX	Hamilton Energy YIELD MAXIMIZER ETF	2.65%
9	RMAX	Hamilton REITs YIELD MAXIMIZER ETF	1.78%

Sector	Weight
Technology	37.26%
Financial Services	12.77%
Healthcare	10.34%
Communication Services	10.16%
Consumer Cyclicals	7.29%
Industrials	5.18%
Basic Materials	4.44%
Energy	4.21%
Real Estate	3.51%
Consumer Defensive	2.85%
Utilities	1.98%

Ticker	Name	Price	1D
MSTU		$43.77	+9.62%
OILU		$59.51	+6.19%
HOU	BetaPro Crude Oil Daily Bull ETF	$26.42	+5.98%
MUU		$19.42	+5.72%
RDDY	Harvest Reddit Enhanced High Income Shares ETF	$4.63	+5.71%
MSTE	Harvest MicroStrategy Enhanced High Income Shares ETF - Class A Units	$2.85	+4.40%
CSHI	Ninepoint Constellation Software HighShares ETF	$12.40	+4.11%
HND	BetaPro Natural Gas 2x Daily Bear	$24.40	+4.01%

CIBC Investor's Edge

Hamilton Enhanced U.S. Covered Call ETF (HYLD : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About Hamilton Enhanced U.S. Covered Call ETF

ETF Details

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Frequently Asked Questions — HYLD