VS
When evaluating costs, GGPY features a management fee (MER) of 0.85%, compared to 0.65% for HMAX. Performance-wise, GGPY has returned 6.17% year-to-date with -$32 M in net flows, whereas HMAX is at 17.89% with +$470 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
GGPY
HMAX
| AuM | $11.26 M | $2,583.03 M |
| Management Fees | 0.85% | 0.65% |
| Exp. ratio | 1.01% | 0.76% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 22, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | GGPY | +9.39% | +12.83% | +6.17% | +4.03% | +23.93% |
HMAX | +0.90% | -0.38% | +17.89% | +26.97% | +104.23% | |
| Flows | GGPY | -$2 M | -$9 M | -$32 M | -$33 M | -$29 M |
HMAX | +$50 M | +$127 M | +$470 M | +$610 M | +$1,621 M |
GGPY vs HMAX exposure
Countries
GGPY
Exposure data will be available soon
HMAX
Exposure data will be available soon
Sectors
GGPY
Exposure data will be available soon
HMAX
Exposure data will be available soon
As of October 22, 2026
Top 10 Holdings
GGPY
Exposure data will be available soon
HMAX
Exposure data will be available soon
Diversification
GGPY
Exposure data will be available soon
HMAX
Exposure data will be available soon
Characteristics
Compare
GGPY
HMAX
| Provider | Guardian Capital | Hamilton ETFs |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 5.95% | 11.44% |
| Meets ESG criteria | No | No |
| Inception Date | August 11, 2020 | January 20, 2023 |
Frequently asked questions about GGPY and HMAX
Which ETF has performed better year to date: GGPY or HMAX?
As of October 22, 2026, GGPY has returned 6.17% year to date, while HMAX has returned 17.89%. HMAX is ahead on YTD performance.
Which ETF is larger by assets under management: GGPY or HMAX?
As of October 22, 2026, GGPY manages $11.26 M in assets, while HMAX manages $2.58 B. HMAX is the larger fund by AUM.
How are GGPY and HMAX managed?
GGPY is actively managed by Guardian Capital. 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: GGPY or HMAX?
Year to date, GGPY has seen -$31.75 M in net flows, compared with +$470.37 M for HMAX. HMAX has attracted more net investor money so far.
How do the fees of GGPY and HMAX compare?
GGPY has an expense ratio of 1.01%, while HMAX has an expense ratio of 0.76%.
Recent articles about GGPY 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.


