I have owned both HDIV and HYLD for over two years now and am thrilled with both of them. Hamilton etf management team are outstanding stewards of investors capital. Congratulations to the team
I’ll admit this has performed exceptionally well. I don’t think it’s appropriate to compare with TSX given the 32% allocation to US holdings but when measuring performance with 68% XIC and 32% VFV - it still outperforms. That’s impressive.
Great video! I've been following you since 3 years and I really like this type of investment combined with other strategies/assets. Here is my portfolio composition and targets: 50% in income with: HYLD, HDIV, HDIF, USCL, QQCL, BANK and RS 35% in long term growth with: ZUQ 10% in some individual stocks: ATD, H, EMP, CPX, T, FN 5% in cash I think that understanding the purpose of these types of investments is a great way to complement the synergy of an overall portfolio.
The ETFs within HDIV are worth considering too - no leverage but still well over 10% yield in some cases. I got some UMAX and others on the watch list.
The management expense ratio (MER) as of Dec.31, 2023 was 2.67%, higher than 2.39% as of Dec.31, 2022 and 2.09% as of Dec.31, 2021. Curious to see what the MER will be as of Dec.31, 2024.
Many thanks for this podcast. If not already done and if you have time, could you address how the CRA would tax a HDIV investor if he receives dividends and any other returns.
I look at this fund as a north American rather than a Canadian fund not going to argue about the makeup of it but it has performed well that is all i care about
@@PassiveIncomeInvesting True. Finally I settled on this - 1. Long term growth ETFs - TFSA and RRSP; 2. Monthly income (Cov calls and other dividend based ETFs) - Non Reg. Anyways, huge fan of your work. Keep it up !!
@@PassiveIncomeInvesting we can disagree, I’m of the opinion that it’s a large holding given it’s the 2nd biggest position in the fund. In either case, comparing it to the TSX 60 with said exposure is just a marketing tactic by Hamilton ETF’s that is plain wrong.
Exactly what I commented, plus it's not even the same fund anymore. Let's not forget that this video is a paid publicity by Hamilton. People tend to forget that.
HDIV HDIF HYLD HMAX… like all these for the yield but the total return not so much. I have all 4 at about equal amounts. Maybe I just like the letter H?
Total return is with dividends (distributions) reinvested which defeats the purpose of an income ETF. It's a bit misleading to compare past performance with dividend reinvested for that matter, and it's also a bit misleading to compare it to the S&P60 since it's not the same at all, not even close (just the US underlying of about 32% to start with). Also, it's not the same fund it was, not at all. So it has performed well if you didn't use the income AND reinvested the dividends into it. But it hasn't performed better than its underlying, or that the S&P60 if you remove the US components which have been on a rip lately, I'm sure of that.
not double (i wish) only 2 of them inside are already leveraged 25%. this is maybe a 2-3 extra % leverage on top of the 123.6. so its maybe 126% - 127% instead of 125% grand total
You probably cannot. Ask your broker. But as a U.S. resident you have other great funds based on the S&P 500 which usually outperforms the TSX-60. You can see for yourself by comparing HDIV with HYLD which is S&P500.
First View: Thanks Adrian for such videos, I came to know about CC ETFs and Split Share funds from you and started investing in may 2024 onwards. I have one doubt should I keep investing or get my money out of market as I could see some videos saying there is recessing coming up ???? Please help in this.
Nobody knows with certainty whether a recession is coming up or how long it will last or how severe it will be or what sectors of the economy will be most affected. Don't base your decisions on expert predictions which are more often wrong than right. However, keep in mind that the market usually gets most volatile in September and October of most years. So try to accumulate cash during the year in time for that time frame without selling your funds. Instead use the income from your funds to prepare for the buying opportunities.
@@evadeanu1 Either one should be fine. However, it does produce a modest amount Canadian dividend income which is beneficial in a non-registered account
@@evadeanu1it's better to not buy it at all 😂..Educate yourself and realize that these funds perform poorly when compared to say Vanguard or BMO s&p and TSX ETFs such as ZSP VDY and Vfv for example
Comparing Hdiv to the TSX doesn't make sense. What you didn't mention is that Hdiv has only gained 2.5% since inception, while the S&P 500 has already risen 20% year to date. Even with the 12% yield factored in, it still underperforms, and that's not even considering the high fees. It’s better to invest in the VFV ETF for more favorable returns and lower fees.
How how do you live off VFV? How long do you have to wait to be able to use those gains? Do you want to retire now and have income generated by an ETF like HDIV, or do you want to be 65 and enjoy those extra gains then?
@alexwong8851 you get it my man..I'm up 29% just this year with the BMO ZSP s&p500 ETF.. I can just pay myself out of these funds and still be further ahead than these laggard passive style funds with high MER and management fee costs.. Wish more people would understand this.. These funds are heavy underperfomers and any real world investor would agree.
@@TonyMontanaDSThe hell u talking about..I'm constantly paying myself out of VDY and ZSP plus various others and still coming out ahead... What is this consensus that u need to wait until retirement..It's literally no different..
@@flow2tech No, it's because you do not understand how this type of fund is managed. Focus on the bottom line. Cheapest does not always get you the best bottom line
@@dkyrtata6688lol.. I do focus on the bottom line and that is why I don't buy these funds.. BMOs ZSP alone for example has easily outperformed funds like these and that is including total returns on these passive indexes.. I can just pay myself out of the fund by skimming profit and I'm still further ahead..
@caseyjones3839 yes 3.21% .. Even when accounting for dividends paid it is an absolute laggard compared to my growth ÷nd growth portfolio..I could just pay myself out of the total growth portfolio and still be further ahead...lol
@@PassiveIncomeInvesting how do I have alot to learn? Have two seperate portfolios one dedicated to your style and one dedicated to growth/dividend growth.. Guess Wich one is outperforming the other even with the total return of divs factored in from the passive funds..You'll never guess 🤣
I’ve owned HDIV for 2 and a half years and I’m up 7.35% market value and collecting dividends every month. Seems to be a winner in my books
I have owned both HDIV and HYLD for over two years now and am thrilled with both of them. Hamilton etf management team are outstanding stewards of investors capital. Congratulations to the team
Agreed. Both ETFs are phenomenal.
15% of portfolio in HDIV. 2 years and has not dissapointed. Thanks Andriano 👍
I’ll admit this has performed exceptionally well. I don’t think it’s appropriate to compare with TSX given the 32% allocation to US holdings but when measuring performance with 68% XIC and 32% VFV - it still outperforms. That’s impressive.
HTA has been killing it
I like this video. Good to see some videos about a look back on a specific fund.
only thing i regret regarding hdiv... why didn't i buy more 2 and a half years ago.
HDIV is one of my favorite (along with HYLD)
HDIV in my watchlist, diversified blue chips CC + lev. Great to know its performing well.
Great video! I've been following you since 3 years and I really like this type of investment combined with other strategies/assets. Here is my portfolio composition and targets:
50% in income with: HYLD, HDIV, HDIF, USCL, QQCL, BANK and RS
35% in long term growth with: ZUQ
10% in some individual stocks: ATD, H, EMP, CPX, T, FN
5% in cash
I think that understanding the purpose of these types of investments is a great way to complement the synergy of an overall portfolio.
The ETFs within HDIV are worth considering too - no leverage but still well over 10% yield in some cases. I got some UMAX and others on the watch list.
I love HDIV and HYLD. I usually buy a little every week or two. Hoping HDIV goes down a little, so can load up. Such a good fund!
Hoping it goes down ?? That’s how you know you’re officially a long term income investor
Can you advise what the MER is currently for HDIV? I have looked all over their web site and cannot find it.
The management expense ratio (MER) as of Dec.31, 2023 was 2.67%, higher than 2.39% as of Dec.31, 2022 and 2.09% as of Dec.31, 2021. Curious to see what the MER will be as of Dec.31, 2024.
Anything above 2% is insanely high
Great review, G.
How does HDIV compare to HYLD? I feel like it is even beating HYLD, but I am not sure, maybe if you take taxes into account
Many thanks for this podcast. If not already done and if you have time, could you address how the CRA would tax a HDIV investor if he receives dividends and any other returns.
I look at this fund as a north American rather than a Canadian fund not going to argue about the makeup of it but it has performed well that is all i care about
Thank you for the great info. One question - Which account is the best for investing in monthly income ETFs...TFSA, RRSP or non-registered?
there is no answer to this question.the answer is " IT DEPENDS on many things. this is why you will never find a clear cut answer to this
@@PassiveIncomeInvesting True. Finally I settled on this - 1. Long term growth ETFs - TFSA and RRSP; 2. Monthly income (Cov calls and other dividend based ETFs) - Non Reg. Anyways, huge fan of your work. Keep it up !!
Love HDIV
Great video
HDIV having a large position in QMAX (highly concentrated Nasdaq tech exposure) completely invalidates any comparisons to the TSX 60 in my opinion.
Yes, it's TSX-60 with 16% technology companies. But would you not buy it if it is outperforming the TSX-60?
Well there is tech in the tsx 60 . And qmax is only about 15% of hdiv . It’s not “large”
@@dkyrtata6688For me because fees are quite high and I’m not a fan of combining covered calls with leverage
@@PassiveIncomeInvesting we can disagree, I’m of the opinion that it’s a large holding given it’s the 2nd biggest position in the fund. In either case, comparing it to the TSX 60 with said exposure is just a marketing tactic by Hamilton ETF’s that is plain wrong.
Exactly what I commented, plus it's not even the same fund anymore. Let's not forget that this video is a paid publicity by Hamilton. People tend to forget that.
Hi Adriano, how do you set up a drip, is it at purchase or a process after purchase....
you set it up with your broker. simply call them. some of them you dont even have to, you can enable it online
HDIV HDIF HYLD HMAX… like all these for the yield but the total return not so much. I have all 4 at about equal amounts. Maybe I just like the letter H?
HDIV is probably the best ETFs amongst ALL the etfs out there.. EIT.UN is close to or equal to it as well
Total return is with dividends (distributions) reinvested which defeats the purpose of an income ETF. It's a bit misleading to compare past performance with dividend reinvested for that matter, and it's also a bit misleading to compare it to the S&P60 since it's not the same at all, not even close (just the US underlying of about 32% to start with). Also, it's not the same fund it was, not at all.
So it has performed well if you didn't use the income AND reinvested the dividends into it. But it hasn't performed better than its underlying, or that the S&P60 if you remove the US components which have been on a rip lately, I'm sure of that.
Bum
So if it's a leveraged etf that is holding some etfs that are themselves leveraged, is it doubly leveraged?
not double (i wish) only 2 of them inside are already leveraged 25%. this is maybe a 2-3 extra % leverage on top of the 123.6. so its maybe 126% - 127% instead of 125% grand total
How do I buy it in the U.S.? What is HDIV in the S&P?
You probably cannot. Ask your broker. But as a U.S. resident you have other great funds based on the S&P 500 which usually outperforms the TSX-60. You can see for yourself by comparing HDIV with HYLD which is S&P500.
@@paulfiedler9128 i think schid maybe
Any tax issue if US citizen owns this in a Roth Ira?
Continue buying or what
First View: Thanks Adrian for such videos, I came to know about CC ETFs and Split Share funds from you and started investing in may 2024 onwards.
I have one doubt should I keep investing or get my money out of market as I could see some videos saying there is recessing coming up ????
Please help in this.
Nobody knows with certainty whether a recession is coming up or how long it will last or how severe it will be or what sectors of the economy will be most affected. Don't base your decisions on expert predictions which are more often wrong than right.
However, keep in mind that the market usually gets most volatile in September and October of most years. So try to accumulate cash during the year in time for that time frame without selling your funds. Instead use the income from your funds to prepare for the buying opportunities.
Is this better to keep it in TFSA or RRSP?
@@evadeanu1 Either one should be fine. However, it does produce a modest amount Canadian dividend income which is beneficial in a non-registered account
@@evadeanu1it's better to not buy it at all 😂..Educate yourself and realize that these funds perform poorly when compared to say Vanguard or BMO s&p and TSX ETFs such as ZSP VDY and Vfv for example
Comparing Hdiv to the TSX doesn't make sense. What you didn't mention is that Hdiv has only gained 2.5% since inception, while the S&P 500 has already risen 20% year to date. Even with the 12% yield factored in, it still underperforms, and that's not even considering the high fees. It’s better to invest in the VFV ETF for more favorable returns and lower fees.
Ok cool you go ahead and buy yourself some VFV then
How how do you live off VFV? How long do you have to wait to be able to use those gains? Do you want to retire now and have income generated by an ETF like HDIV, or do you want to be 65 and enjoy those extra gains then?
@alexwong8851 you get it my man..I'm up 29% just this year with the BMO ZSP s&p500 ETF.. I can just pay myself out of these funds and still be further ahead than these laggard passive style funds with high MER and management fee costs.. Wish more people would understand this.. These funds are heavy underperfomers and any real world investor would agree.
@@TonyMontanaDSThe hell u talking about..I'm constantly paying myself out of VDY and ZSP plus various others and still coming out ahead... What is this consensus that u need to wait until retirement..It's literally no different..
@@flow2tech Ok. Then you do that. Us people who are not as intelligent as you will keep doing what we want to do.
Mer is over 2%
try to figure out why...and let me know when you do. you know returns are net of fees right?
@@PassiveIncomeInvestingit doesn't matter why..That's bloody ridiculous..🤣
@@flow2tech No, it's because you do not understand how this type of fund is managed. Focus on the bottom line. Cheapest does not always get you the best bottom line
@@dkyrtata6688lol.. I do focus on the bottom line and that is why I don't buy these funds.. BMOs ZSP alone for example has easily outperformed funds like these and that is including total returns on these passive indexes.. I can just pay myself out of the fund by skimming profit and I'm still further ahead..
@@dkyrtata6688 It also doesn't mean that paying more equals better returns. Anything above 2% is really high.
You didn't mention what percentage it is up since inception. If I did my calculation right it is up a bit less than 3%. I am not impressed.
With drip?
@caseyjones3839 yes 3.21% .. Even when accounting for dividends paid it is an absolute laggard compared to my growth ÷nd growth portfolio..I could just pay myself out of the total growth portfolio and still be further ahead...lol
lol - you have a lot to learn... ill give you a hint... look at returns, not stock prices. Only children do that
have you looked at the objectives of this ETF?
@@PassiveIncomeInvesting how do I have alot to learn? Have two seperate portfolios one dedicated to your style and one dedicated to growth/dividend growth.. Guess Wich one is outperforming the other even with the total return of divs factored in from the passive funds..You'll never guess 🤣
🤮🤮🤮🤮
How come you dont own HDIV?
He used to but HYLD (S&P500) performs better