Hi, Whats Your Favorite Number 1 Canadian Financial ETF for long Term Hold

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Asked on August 8, 2025 6:30 pm
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What about Hamilton's HFN and HFIN (Hfn with 25% leverage)? They have the big 6 banks, big 4 insurance companies, and Brookfield and Fairfax, all equal weighted.
(c-ras@sympatico.ca at August 12, 2025 1:57 pm)
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Yep. Great fund as well. I'd put it pretty close to identical to CEW. The only benefit is HFN is not running any management fees through to January of 2026. The determining factor here would be what HFN's management fee will be to see which is the better fund because holding wise they're almost identical.
(Dan Kent at August 12, 2025 2:13 pm)
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If you are looking to own a broad basket of Canadian financial companies, that being banks and insurers for the most part, it is hard to argue with something like CEW.TO. However, if you want to expand to things like asset managers, Brookfield for example, there isn't really an ETF that tracks this directly. Often the financial ETFs here in Canada are just bank and Lifeco baskets.

The other interesting option would be HXF.TO, which is Global X's corporate class Canadian financials ETF. It pays no dividend, which can be friendly from a taxation perspective.

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Posted by Dan Kent
Answered on August 11, 2025 10:13 am