Hamilton ETFs has launched two new Exchange-Traded Funds (ETFs) as part of its “HAMILTON CHAMPIONS™” series.
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By ETFWorld.co.uk
Babak Assadi, Partner and Head of Product Strategy & Trading at Hamilton ETFs
Low-cost funds targeting U.S. technology and Canadian utilities, in collaboration with Solactive.
The funds, which track indices developed by Solactive AG, offer low-cost sector exposure for Canadian investors. The HAMILTON CHAMPIONS™ U.S. Technology Index ETF (QMVP) and the HAMILTON CHAMPIONS™ Utilities Index ETF (UMVP) began trading on the Toronto Stock Exchange (TSX) on January 21, 2026.
Both ETFs carry a single management fee of 0.19%. This launch expands the product lineup of the company’s “Champions” series, which manages over $12 billion in assets.
Distinct Investment Strategies
The two ETFs follow different strategies and investment objectives, targeting complementary market segments.
HAMILTON CHAMPIONS™ U.S. Technology Index ETF (QMVP)
This ETF provides exposure to leading U.S. technology companies. The strategy is built around a selection criterion based on profitability.
Underlying Index: Solactive HAMILTON CHAMPIONS™ U.S. Technology Index.
Selection and Weighting: Selects the 25 most profitable U.S. technology companies based on “gross profitability.” The index includes well-known companies such as the “Magnificent 7.” The weight of each component is capped at 6% and floored at 2% to mitigate concentration risk.
Objective: To offer core exposure to the U.S. technology sector, traded in Canadian dollars and unhedged against currency risk.
HAMILTON CHAMPIONS™ Utilities Index ETF (UMVP)
This ETF offers a defensive exposure focused on dividend income.
Underlying Index: Solactive Canadian Utility Services High Dividend Index.
Selection and Weighting: Composed of TSX-listed companies in the utilities, telecommunications, and pipeline sectors, with a 12-month forward dividend yield of 2.5% or higher. The portfolio is equally weighted and rebalanced semi-annually.
Objective: To provide exposure to a defensive sector with stable performance through market cycles, benefiting from the favorable tax treatment of Canadian-eligible dividends.
Operational Details
The table below summarizes the key information for the two funds.
| ETF (Ticker) | Underlying Index | Management Fee | Rebalancing |
|---|---|---|---|
| U.S. Tech (QMVP) | Solactive HAMILTON CHAMPIONS™ U.S. Tech Index | 0.19% | Quarterly |
| Utilities (UMVP) | Solactive Canadian Utility Services High Dividend Index | 0.19% | Semi-Annually |
Strategy Deep Dive
QMVP Portfolio (as of 12/31/2025): The fund is primarily allocated to semiconductors (36.4%), software & services (20.9%), and media & entertainment (18.6%). Top ten holdings include Alphabet (6.62%), Meta Platforms (6.25%), Apple (6.06%), Tesla (5.86%), and Broadcom (5.80%).
UMVP Portfolio: The fund is composed of 49.9% traditional utilities, 25.1% telecommunications, and 25.0% pipeline companies. Major holdings include Hydro One Ltd. (8.59%), BCE Inc. (8.56%), Emera Inc. (8.54%), and TC Energy Corp. (8.54%).
Timo Pfeiffer, Chief Markets Officer at Solactive, stated: “We are pleased to support Hamilton ETFs in expanding their product lineup with two new ETFs tracking Solactive indices. This collaboration reflects our commitment to delivering tailored and cost-effective indexing solutions that serve our clients’ specific goals whether it’s offering targeted exposure to highly profitable U.S. technology firms or accessing stable income through Canadian utility leaders.”
Babak Assadi, Partner and Head of Product Strategy & Trading at Hamilton ETFs, stated: “We are pleased to announce the expansion of our HAMILTON CHAMPIONS™ suite of ETFs with QMVP and UMVP. These products emphasize market-leading companies, disciplined index construction, and low-cost exposure for long-term investors. A special thank you to the Solactive AG team, who played an integral role in developing these indices.”
Source : ETFWorld.co.uk
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