HMAX ETF Analysis: Hamilton Canadian | TO
Financials Equity | TO, Canada | Market Cap: 2.599m CAD | 12M Return: 27.5% | CA40704M1068 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 4.77M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 3.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
HMAX targets monthly income through a market-cap-weighted portfolio of Canadian financial services stocks and an active covered-call strategy intended to reduce volatility and add option income. The sector includes businesses such as banks, insurers, and other financial firms, whose results can be influenced by interest rates, credit conditions, and market activity.
- Canadian bank earnings and dividend growth drive fund returns
- Rate cuts pressure net interest margins but support loan demand
- Covered-call premiums boost monthly income while capping rally upside
As of November 05, 2026, the stock is trading at CAD 17.59 with a total of 179,822 shares traded. Over the past week, the price has changed by +0.17%, over one month by +3.43%, over three months by -0.19% and over the past year by +27.48%.
Current recommended Stop Loss: 17.10 (which is 2.8% or 2.2 ATR below the current price).
Hamilton Canadian has no consensus analysts rating.