VS
When evaluating costs, HMAX features a management fee (MER) of 0.65%, compared to 0.65% for DXQ. Performance-wise, HMAX has returned 19.61% year-to-date with +$476 M in net flows, whereas DXQ is at 1.61% with +$359 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
HMAX
DXQ
| AuM | $2,626.55 M | $900.53 M |
| Management Fees | 0.65% | 0.65% |
| Exp. ratio | 0.76% | 0.71% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 27, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HMAX | +1.68% | -0.08% | +19.61% | +27.44% | +111.11% |
DXQ | -2.43% | -0.98% | +1.61% | -0.97% | +27.38% | |
| Flows | HMAX | +$42 M | +$131 M | +$476 M | +$607 M | +$1,621 M |
DXQ | +$58 M | +$162 M | +$359 M | +$419 M | +$620 M |
HMAX vs DXQ exposure
Countries
HMAX
Exposure data will be available soon
DXQ
Exposure data will be available soon
Sectors
HMAX
Exposure data will be available soon
DXQ
Exposure data will be available soon
As of October 27, 2026
Top 10 Holdings
HMAX
Exposure data will be available soon
DXQ
Exposure data will be available soon
Diversification
HMAX
Exposure data will be available soon
DXQ
Exposure data will be available soon
Characteristics
Compare
HMAX
DXQ
| Provider | Hamilton ETFs | Dynamic Funds |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 11.27% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | January 20, 2023 | September 20, 2022 |
Frequently asked questions about HMAX and DXQ
Which ETF has performed better year to date: HMAX or DXQ?
As of October 27, 2026, HMAX has returned 19.61% year to date, while DXQ has returned 1.61%. HMAX is ahead on YTD performance.
Which ETF is larger by assets under management: HMAX or DXQ?
As of October 27, 2026, HMAX manages $2.63 B in assets, while DXQ manages $900.53 M. HMAX is the larger fund by AUM.
How are HMAX and DXQ managed?
HMAX is actively managed by Hamilton ETFs. It does not track an index. DXQ is actively managed by Dynamic Funds. It does not track an index.
Which ETF is attracting more investor flows: HMAX or DXQ?
Year to date, HMAX has seen +$476.10 M in net flows, compared with +$359.17 M for DXQ. HMAX has attracted more net investor money so far.
How do the fees of HMAX and DXQ compare?
HMAX has an expense ratio of 0.76%, while DXQ has an expense ratio of 0.71%.
Recent articles about HMAX and DXQ

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