Summer Sale
50% off Premium Yearly
TSE:HCAL
Hamilton Canadian Bank 1.25x Leverage ETF (HCAL.TO)
Financials 
Technical Analysis 
Lightly levered. 25% of leverage that's balanced periodically, but not daily, so you won't get as much erosion. More like traditional leverage. Promising when rates were low, but no longer. Not a Beta Pro product, which has daily balancing of 100% leverage.
OK if you're very bullish on banks and need juice in your portfolio. For the long term, it's a double-edge sword of a 25% swing whichever way the market goes. Big selloff provides entry point. Extreme caution needed.
Larry Berman CFA, CMT, CTACovers Canadian banks. Pays a 5.16% dividend. It's a leveraged play, investing 12% of cash they're bringing in, which allows them a better return and more income. A consideration: ZWB uses a covered call on the Canadian banks to pay roughly the same dividend. He never does leveraged plays, but HCAL is fine.
Larry Berman CFA, CMT, CTA- «
- ‹
- 1
- ›
- »
Hamilton Canadian Bank 1.25x Leverage ETF (HCAL.TO) Frequently Asked Questions
What is Hamilton Canadian Bank 1.25x Leverage ETF stock symbol?
Hamilton Canadian Bank 1.25x Leverage ETF is a Canadian stock, trading under the symbol HCAL.TO (previously HCAL-T on Stockchase) on the Toronto Stock Exchange (HCAL-CT). It is usually referred to as TSX:HCAL or HCAL.TO
Is Hamilton Canadian Bank 1.25x Leverage ETF a buy or a sell?
In the last year, no analyst issued a Buy, Sell, or Hold rating on HCAL.TO (previously HCAL-T on Stockchase) on Stockchase. Read the latest expert commentary for Hamilton Canadian Bank 1.25x Leverage ETF.
Is Hamilton Canadian Bank 1.25x Leverage ETF a good investment or a top pick?
Hamilton Canadian Bank 1.25x Leverage ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Hamilton Canadian Bank 1.25x Leverage ETF.
Why is Hamilton Canadian Bank 1.25x Leverage ETF stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Hamilton Canadian Bank 1.25x Leverage ETF.
Is Hamilton Canadian Bank 1.25x Leverage ETF worth watching?
Hamilton Canadian Bank 1.25x Leverage ETF is followed by 8 investors on Stockchase and is a trending stock that is worth watching.
What is Hamilton Canadian Bank 1.25x Leverage ETF stock price?
On 2026-06-19, Hamilton Canadian Bank 1.25x Leverage ETF (HCAL.TO) stock closed at a price of $48.80.
You may also like
- iShares Japan ETF (EWJ)
- iShares S&P/TSX Capped Energy Index ETF (XEG.TO)
- iShares S&P/TSX 60 Index ETF (XIU.TO)
- iShares S&P/TSX Global Gold Index ETF (XGD.TO)
- iShares DEX Short Term Bond (XSB.TO)
- iShares Canadian Real Return Bond Index ETF (XRB.TO)
- iShares Diversified Monthly Income ETF (XTR.TO)
- iShares S&P 500 Index ETF (XSP.TO)
- HBP NYMEX Nat'l Gas Bull+ (HNU.TO)
- iShares Core S&P/TSX Capped Composite Index ETF (XIC.TO)
Equal exposure to the big 6 banks, with modest leverage. Leverage increases volatility. Drawdown over the last 2 years was 14% on this compared to 7% on the unlevered, unwritten ZEB. As you reach for yield, remember that leverage and covered writing deliver another edge to that sword on the downside.