VS
When evaluating costs, ETP features a management fee (MER) of 0.41%, compared to 0.65% for HMAX. Performance-wise, ETP has returned 2.37% year-to-date with -$1 M in net flows, whereas HMAX is at 17.12% with +$443 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
ETP
HMAX
| AuM | $14.67 M | $2,537.97 M |
| Management Fees | 0.41% | 0.65% |
| Exp. ratio | 0.85% | 0.76% |
| Tracking Difference | -0.88% | - |
Historical performance and flows
As of September 29, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ETP | -2.76% | -2.87% | +2.37% | +3.38% | +31.50% |
HMAX | +0.61% | -0.68% | +17.12% | +27.65% | +93.67% | |
| Flows | ETP | +$0 M | -$0 M | -$1 M | -$1 M | -$4 M |
HMAX | +$38 M | +$149 M | +$443 M | +$619 M | +$1,603 M |
ETP vs HMAX exposure
Countries
ETP
Exposure data will be available soon
HMAX
Exposure data will be available soon
Sectors
ETP
Exposure data will be available soon
HMAX
Exposure data will be available soon
As of September 29, 2026
Top 10 Holdings
ETP
Exposure data will be available soon
HMAX
Exposure data will be available soon
Diversification
ETP
Exposure data will be available soon
HMAX
Exposure data will be available soon
Characteristics
Compare
ETP
HMAX
| Provider | First Trust | Hamilton ETFs |
| Management | Passively managed | Actively managed |
| Benchmark | NASDAQ Global Risk Managed Income Total Return Index - CAD | - |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity, Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.00% | 11.51% |
| Meets ESG criteria | No | No |
| Inception Date | July 23, 2014 | January 20, 2023 |
Frequently asked questions about ETP and HMAX
Which ETF has performed better year to date: ETP or HMAX?
As of September 29, 2026, ETP has returned 2.37% year to date, while HMAX has returned 17.12%. HMAX is ahead on YTD performance.
Which ETF is larger by assets under management: ETP or HMAX?
As of September 29, 2026, ETP manages $14.67 M in assets, while HMAX manages $2.54 B. HMAX is the larger fund by AUM.
How are ETP and HMAX managed?
ETP is passively managed by First Trust. It tracks the NASDAQ Global Risk Managed Income Total Return Index - CAD benchmark. HMAX is actively managed by Hamilton ETFs. It does not track an index.
Which ETF is attracting more investor flows: ETP or HMAX?
Year to date, ETP has seen -$0.92 M in net flows, compared with +$442.54 M for HMAX. HMAX has attracted more net investor money so far.
How do the fees of ETP and HMAX compare?
ETP has an expense ratio of 0.85%, while HMAX has an expense ratio of 0.76%.
Recent articles about ETP and HMAX
Yield-focused ETFs and the Benefit They Can Provide Investors
ETFs that employ covered call-writing strategies can be effective ways to generate monthly yield for investors while still providing exposure to a security or asset class on a long-term basis.
Posted on 6/13/2024 by Kyle Anthony inStock Market
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.