(HMAX) Hamilton Canadian - Ratings and Ratios

Hamilton Canadian Financials YIELD MAXIMIZER ETF (HMAX) is an exchange-traded fund designed to generate attractive monthly income while offering exposure to a market cap-weighted portfolio of Canadian financial services stocks. The fund employs an active covered call strategy to mitigate volatility and enhance dividend income, appealing to income-focused investors.

HMAX invests in a diversified portfolio of Canadian financial services companies, including major banks, insurance firms, and other financial institutions. By utilizing a covered call strategy, the fund aims to generate additional income from option premiums, which can help stabilize returns during market fluctuations. This approach is particularly suited for investors seeking regular income with reduced volatility in the financial sector.

From a technical perspective, HMAX has shown stable price movement, with its SMA20, SMA50, and SMA200 all hovering around the 13.20–13.40 range. The average trading volume over 20 days is approximately 292,800 shares, indicating moderate liquidity. The ATR of 0.27 reflects low volatility, suggesting that price fluctuations are relatively contained. The fund is listed on the Toronto Stock Exchange under the ticker HMAX and is classified under the Financial Services Equity category.

On the fundamental side, HMAX manages significant assets under management (AUM) of 1.195 billion CAD, underscoring its popularity among investors seeking exposure to Canadas financial sector. The fund tracks the Morningstar Global Financial Services GR CAD Index, providing a benchmark for performance comparison. For more information, investors can visit Hamilton Capitals website at http://www.hamilton-capital.com.