$75K TFSA. 30 Days. $1,141 in Distributions. On August 11, I opened a brand-new TFSA and deployed $75k across three Hamilton ETFs: 📈 QDAY 🍁 CDAY 🇺🇸 SDAY The goal? Build a tax-free income stream and let the distributions compound through DRIP And after my first 30 days, here's what happened: 💰 Aug. 21 payout: $565.67 💰 Sept. 8 payout: $575.50 Month 1 distributions: $1,141.17 CAD Here's what the Sept. 8 DRIP added: 📈 $QDAY → +6.944 shares 🍁 $CDAY → +7.0077 shares 🇺🇸 $SDAY → +7.9877 shares Total: +21.93 shares Now, before anyone says “free money”… 😅 The portfolio's market value is currently down 1.97% (-$1,480.31) from my starting point. And that's exactly why I'm watching total return, not just the distribution yield. Big distributions look great on paper, but what ultimately matters is the combination of: 💰 Distributions 📈 DRIP/share growth 📉 NAV & price performance ➡️ Total return This is a long-term experiment for me, not a claim that these funds are risk-free or guaranteed to outperform. I'm especially curious to see how the numbers look after 6 months and 12 months For anyone else holding Hamilton's 0DTE funds: are you happy with the total return so far?
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28 Comments
Danilo @madiso · 4dEdited
even if the stock price stay the same, NAV is closely tied to stock price). …. the distribituions will compound back into your portfolio,, you essential realized gains without any tax inside TFSA,,, win-win,,, stock appreciation just show additional paper position gains ;) 0DTE supposed to give you a stable high yield return.. that is why it is created… capturing VOLATILITY $$$$
Leveraged Life@leveragedlife · 4d
Im all in $QDAY for my TFSA at the moment. Slowing re-building it back up!
Adam Lalonde@bitter_sweet · 4d
I have been happy with both $QDAY and $SDAY for my accounts.
Andre @andredividend · 4d
I bought them a little bit after inception and I’m glad I did. 🤑
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