Solactive has announced the continued expansion of its collaboration with Hamilton ETFs, marked by the launch of two new exchange-traded funds: the HAMILTON CHAMPIONS U.S. Technology Index ETF (ticker: QMVP) and the HAMILTON CHAMPIONS Utilities Index ETF (ticker: UMVP), which track Solactive indices.
The products are designed to provide targeted exposure to highly profitable U.S. technology companies, and high-quality dividend-paying utility companies in Canada, respectively.
With a management fee of 0.19 per cent, both ETFs provide access to sector-focused equity strategies designed for Canadian investors. QMVP provides exposure to the largest, most profitable US technology companies, including members of the “Magnificent 7,” and is structured to represent a core technology allocation with a modified market capitalisation weighting approach to reduce the concentration risk.
UMVP, by contrast, offers equal-weighted exposure to a diversified mix of blue-chip Canadian utilities, pipelines, and telecom companies. It is designed to capture defensive sectors with stable performance through market cycles, while reflecting the tax treatment of Canadian-eligible dividends.
The HAMILTON CHAMPIONS U.S. Technology Index ETF (QMVP) tracks the Solactive HAMILTON CHAMPIONS U.S. Technology Index, which selects the top 25 US-domiciled companies from the technology sector based on gross profitability. Constituents are weighted by free float market capitalisation, with individual weights capped at 6 per cent and floored at 2 per cent.
The HAMILTON CHAMPIONS Utilities Index ETF (UMVP) tracks the Solactive Canadian Utility Services High Dividend Index, composed of TSX-listed companies in the utilities, telecommunications, and pipeline sectors with a 12-month forward dividend yield of 2.5 per cent or higher. Constituents are selected based on share class market capitalisation and are equally weighted at each semi-annual rebalance.
Both QMVP and UMVP were listed on 21 January 2026 on the Toronto Stock Exchange (TSX).
Timo Pfeiffer, Chief Markets Officer at Solactive, says: “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, Head of Product Strategy & Trading at Hamilton ETFs, says: “We are pleased to announce the expansion of our HAMILTON CHAMPIONS suite of ETFs with QMVP and UMVP. These products emphasise 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.”
