VS
When evaluating costs, LEAD.U features a management fee (MER) of 0.75%, compared to 0.65% for HMAX. Performance-wise, LEAD.U has returned 2.05% year-to-date with -$1 M in net flows, whereas HMAX is at 14.62% with +$464 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
LEAD.U
HMAX
| AuM | $2.48 M | $2,505.57 M |
| Management Fees | 0.75% | 0.65% |
| Exp. ratio | 0.97% | 0.76% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 8, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | LEAD.U | +3.47% | +9.61% | +2.05% | -6.47% | +51.67% |
HMAX | -1.26% | -3.67% | +14.62% | +24.67% | +91.12% | |
| Flows | LEAD.U | +$0 M | +$0 M | -$1 M | -$1 M | -$3 M |
HMAX | +$50 M | +$145 M | +$464 M | +$624 M | +$1,625 M |
LEAD.U vs HMAX exposure
Countries
LEAD.U
Exposure data will be available soon
HMAX
Exposure data will be available soon
Sectors
LEAD.U
Exposure data will be available soon
HMAX
Exposure data will be available soon
As of October 8, 2026
Top 10 Holdings
LEAD.U
Exposure data will be available soon
HMAX
Exposure data will be available soon
Diversification
LEAD.U
Exposure data will be available soon
HMAX
Exposure data will be available soon
Characteristics
Compare
LEAD.U
HMAX
| Provider | Evolve ETFs | Hamilton ETFs |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.72% | 11.77% |
| Meets ESG criteria | No | No |
| Inception Date | September 14, 2020 | January 20, 2023 |
Frequently asked questions about LEAD.U and HMAX
Which ETF has performed better year to date: LEAD.U or HMAX?
As of October 8, 2026, LEAD.U has returned 2.05% year to date, while HMAX has returned 14.62%. HMAX is ahead on YTD performance.
Which ETF is larger by assets under management: LEAD.U or HMAX?
As of October 8, 2026, LEAD.U manages $2.48 M in assets, while HMAX manages $2.51 B. HMAX is the larger fund by AUM.
How are LEAD.U and HMAX managed?
LEAD.U is actively managed by Evolve ETFs. 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: LEAD.U or HMAX?
Year to date, LEAD.U has seen -$1.48 M in net flows, compared with +$464.26 M for HMAX. HMAX has attracted more net investor money so far.
How do the fees of LEAD.U and HMAX compare?
LEAD.U has an expense ratio of 0.97%, while HMAX has an expense ratio of 0.76%.
Recent articles about LEAD.U 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
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