Hamilton Canadian Bank Mean Reversion Index ETF ETF Review (HCA) 2024

Last Updated: 3/7/2024

Wealth Awesome Rating: 67/100
This equity ETF has an MER of 0.61%. With higher than average fees, it’s a premium option. Managing 0 million in assets, it’s widely trusted by investors. Suitable for those seeking growth with a medium to high risk tolerance.
 
The Wealth Awesome ETF rating is based on identifying ETFs that are popular and well used, while keeping costs low.

HCA trades on the TSX exchange.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The Hamilton Canadian Bank Mean Reversion Index ETF (HCA) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.  

What is the Hamilton Canadian Bank Mean Reversion Index ETF ETF

A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.61%. This ETF trades on the TSX exchange.

HCA stock price and other stats

ETF Key Stats

Exchange: TSX

Assets Under Management: $MM

Expense Ratio: 0.61%

Price: $324.66 (Updated: 3/7/2024)



Hamilton Canadian Bank Mean Reversion Index ETF (HCA) Top 10 Holdings

Company NameSymbolAssets %
Bank of Nova ScotiaBNS25.83222
National Bank of CanadaNA21.75289
Toronto Dominion BankTD21.22302
Royal Bank of CanadaRY11.98152
Canadian Imperial Bank Of CommerceCM11.94483
Bank of MontrealBMO6.74888

Hamilton Canadian Bank Mean Reversion Index ETF (HCA) Breakdown by Market Cap

CategoryValue
Mega77.73047
Big21.75289
Medium0
Small0
Micro0

Hamilton Canadian Bank Mean Reversion Index ETF (HCA) Sector Breakdown

SectorEquity %Relative to Category
Basic Materials00
Consumer Cyclicals00
Financial Services10099.72596
Real Estate00.01597
Communication Services00
Energy00
Industrials00.13865
Technology00.11943
Consumer Defensive00
Healthcare00
Utilities00

Hamilton Canadian Bank Mean Reversion Index ETF (HCA) Geographic Breakdown

RegionEquity %Relative to Category
North America10097.533
United Kingdom00.38775
Europe Developed00.941
Europe Emerging00.001
Africa/Middle East00.006
Japan00.05
Australasia00.896
Asia Developed00.097
Asia Emerging00.067
Latin America00.016

HCA Management Expense Ratio

HCA has a management expense ratio of  0.61% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.  


How to Buy  Hamilton Canadian Bank Mean Reversion Index ETF TSX ETF

You can buy  HCA on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:  
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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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