VS
When evaluating costs, HMAX features a management fee (MER) of 0.65%, compared to 0.65% for HYLD. Performance-wise, HMAX has returned 15.18% year-to-date with +$272 M in net flows, whereas HYLD is at 13.28% with +$102 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 | $2,423.57 M | $1,145.73 M |
| Management Fees | 0.65% | 0.65% |
| Exp. ratio | 0.80% | 2.37% |
| Tracking Difference | - | - |
Historical performance and flows
As of June 12, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HMAX | +6.20% | +18.59% | +15.18% | +39.67% | +87.15% |
HYLD | +1.84% | +18.29% | +13.28% | +34.14% | +84.85% | |
| Flows | HMAX | +$44 M | +$94 M | +$272 M | +$655 M | +$1,651 M |
HYLD | +$23 M | +$32 M | +$102 M | +$184 M | +$497 M |
HMAX vs HYLD exposure
Countries
HMAX
Canada
101.40%
HYLD
Exposure data will be available soon
Sectors
HMAX
Financials
90.60%
Other
9.40%
HYLD
Exposure data will be available soon
As of June 12, 2026
Top 10 Holdings
HMAX
ROYAL BK CANADA
24.50%
TORONTO DOMINION
17.00%
CA11271J1075
10.80%
BANK OF MONTREAL
10.40%
CDN IMPERIAL BK
9.50%
BNS
9.30%
MANULIFE-S
6.30%
NATIONAL BANK OF CANADA
5.50%
GREAT WEST LIFECO
4.60%
INTACT FINANCIAL
3.50%
HYLD
Exposure data will be available soon
Diversification
HMAX
Total weight of top 10 holdings out of 10 total
101.40%
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 | 11.18% | 11.48% |
| 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 June 12, 2026, HMAX has returned 15.18% year to date, while HYLD has returned 13.28%. HMAX is ahead on YTD performance.
Which ETF is larger by assets under management: HMAX or HYLD?
As of June 12, 2026, HMAX manages $2.42 B in assets, while HYLD manages $1.15 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 +$271.89 M in net flows, compared with +$102.22 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 0.80%, while HYLD has an expense ratio of 2.37%.
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