VS
When evaluating costs, BANK features a management fee (MER) of 0.6%, compared to 0.65% for HMAX. Performance-wise, BANK has returned 34.44% year-to-date with +$242 M in net flows, whereas HMAX is at 20.69% with +$351 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
BANK
HMAX
| AuM | $1,317.60 M | $2,596.62 M |
| Management Fees | 0.60% | 0.65% |
| Exp. ratio | 0.83% | 0.80% |
| Tracking Difference | - | - |
Historical performance and flows
As of July 28, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | BANK | +5.05% | +21.71% | +34.44% | +67.20% | +98.65% |
HMAX | +2.35% | +13.52% | +20.69% | +40.47% | +88.06% | |
| Flows | BANK | +$53 M | +$159 M | +$242 M | +$426 M | +$867 M |
HMAX | +$58 M | +$151 M | +$351 M | +$647 M | +$1,640 M |
BANK vs HMAX exposure
Countries
BANK
Exposure data will be available soon
HMAX
Canada
96.26%
Sectors
BANK
Exposure data will be available soon
HMAX
Finance
96.26%
As of July 28, 2026
Top 10 Holdings
BANK
Exposure data will be available soon
HMAX
Royal Bank of Canada
25.38%
The Toronto-Dominion Bank
17.61%
Bank of Montreal
10.87%
The Bank of Nova Scotia
9.35%
Canadian Imperial Bank of Commerce
9.30%
Brookfield Corp.
9.16%
Manulife Financial Corp.
5.94%
National Bank of Canada
5.45%
Intact Financial Corp.
3.20%
Diversification
BANK
Exposure data will be available soon
HMAX
Total weight of top 10 holdings out of 9 total
96.26%
Characteristics
Compare
BANK
HMAX
| Provider | Evolve ETFs | Hamilton ETFs |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 10.77% | 10.79% |
| Meets ESG criteria | No | No |
| Inception Date | February 1, 2022 | January 20, 2023 |
Frequently asked questions about BANK and HMAX
Which ETF has performed better year to date: BANK or HMAX?
As of July 28, 2026, BANK has returned 34.44% year to date, while HMAX has returned 20.69%. BANK is ahead on YTD performance.
Which ETF is larger by assets under management: BANK or HMAX?
As of July 28, 2026, BANK manages $1.32 B in assets, while HMAX manages $2.60 B. HMAX is the larger fund by AUM.
How are BANK and HMAX managed?
BANK is actively managed by Evolve ETFs. It does not track an index. HMAX is actively managed by Hamilton ETFs. It does not track an index.
Which ETF is attracting more investor flows: BANK or HMAX?
Year to date, BANK has seen +$242.00 M in net flows, compared with +$351.36 M for HMAX. HMAX has attracted more net investor money so far.
How do the fees of BANK and HMAX compare?
BANK has an expense ratio of 0.83%, while HMAX has an expense ratio of 0.80%.
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