VS
When evaluating costs, HMAX features a management fee (MER) of 0.65%, compared to 0.65% for HYLD. Performance-wise, HMAX has returned 16.48% year-to-date with +$412 M in net flows, whereas HYLD is at 15.3% with +$172 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
HYLD
| AuM | $2,518.24 M | $1,199.78 M |
| Management Fees | 0.65% | 0.65% |
| Exp. ratio | 0.76% | 1.00% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HMAX | -3.06% | +2.61% | +16.48% | +29.24% | +88.67% |
HYLD | -1.60% | +5.35% | +15.30% | +23.52% | +85.01% | |
| Flows | HMAX | +$39 M | +$132 M | +$412 M | +$645 M | +$1,609 M |
HYLD | +$22 M | +$71 M | +$172 M | +$221 M | +$562 M |
HMAX vs HYLD exposure
Countries
HMAX
Canada
100.21%
HYLD
Exposure data will be available soon
Sectors
HMAX
Finance
100.21%
HYLD
Exposure data will be available soon
As of September 10, 2026
Top 10 Holdings
HMAX
Royal Bank of Canada
24.88%
The Toronto-Dominion Bank
16.81%
Bank of Montreal
10.73%
Canadian Imperial Bank of Commerce
9.16%
The Bank of Nova Scotia
9.10%
Brookfield Corp.
8.84%
Manulife Financial Corp.
6.30%
National Bank of Canada
5.42%
Great-West Lifeco, Inc.
5.08%
Sun Life Financial, Inc.
3.89%
HYLD
Exposure data will be available soon
Diversification
HMAX
Total weight of top 10 holdings out of 10 total
100.21%
HYLD
Exposure data will be available soon
Characteristics
Compare
HMAX
HYLD
| Provider | Hamilton ETFs | Hamilton ETFs |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 11.43% | 11.95% |
| Meets ESG criteria | No | No |
| Inception Date | January 20, 2023 | February 4, 2022 |
Frequently asked questions about HMAX and HYLD
Which ETF has performed better year to date: HMAX or HYLD?
As of September 10, 2026, HMAX has returned 16.48% year to date, while HYLD has returned 15.30%. HMAX is ahead on YTD performance.
Which ETF is larger by assets under management: HMAX or HYLD?
As of September 10, 2026, HMAX manages $2.52 B in assets, while HYLD manages $1.20 B. HMAX is the larger fund by AUM.
How are HMAX and HYLD managed?
HMAX is actively managed by Hamilton ETFs. It does not track an index. HYLD is actively managed by Hamilton ETFs. It does not track an index.
Which ETF is attracting more investor flows: HMAX or HYLD?
Year to date, HMAX has seen +$411.76 M in net flows, compared with +$171.61 M for HYLD. HMAX has attracted more net investor money so far.
How do the fees of HMAX and HYLD compare?
HMAX has an expense ratio of 0.76%, while HYLD has an expense ratio of 1.00%.
Recent articles about HMAX and HYLD
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.