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Compare Purpose Premium Yield Fund ETF (PYF) vs Hamilton Canadian Financials Yield Maximizer ETF (HMAX) to find the best fit for your portfolio. PYF provides Technology, Consumer Non-Cyclicals, and Sovereign exposures, while HMAX is primarily weighted in Finance. When evaluating costs, PYF features a management fee (MER) of 0.6%, compared to 0.65% for HMAX. Performance-wise, PYF has returned 3.69% year-to-date with -$80 M in net flows, whereas HMAX is at 18.82% with +$415 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
PYF
HMAX
| AuM | $311.56 M | $2,572.45 M |
| Management Fees | 0.60% | 0.65% |
| Exp. ratio | 0.71% | 0.80% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | PYF | +0.42% | +2.69% | +3.69% | +3.05% | +20.39% |
HMAX | -1.10% | +6.91% | +18.82% | +33.21% | +91.70% | |
| Flows | PYF | -$36 M | -$61 M | -$80 M | +$16 M | +$209 M |
HMAX | +$43 M | +$133 M | +$415 M | +$650 M | +$1,616 M |
PYF vs HMAX exposure
Countries
PYF
Other
86.39%
USA
11.86%
HMAX
Canada
100.21%
Sectors
PYF
Other
86.39%
Other
13.61%
HMAX
Finance
100.21%
As of September 3, 2026
Top 10 Holdings
PYF
CA74643B1031
85.04%
Microsoft Corp.
1.79%
Procter & Gamble Co.
1.24%
The Home Depot, Inc.
1.21%
Booking Holdings, Inc.
1.14%
Salesforce, Inc.
0.87%
Oracle Corp.
0.67%
NextEra Energy, Inc.
0.65%
ServiceNow, Inc.
0.52%
Alphabet, Inc.
0.45%
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%
Diversification
PYF
Total weight of top 10 holdings out of 350 total
93.58%
HMAX
Total weight of top 10 holdings out of 10 total
100.21%
Characteristics
Compare
PYF
HMAX
| Provider | Purpose Investments | Hamilton ETFs |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 6.28% | 11.21% |
| Meets ESG criteria | No | No |
| Inception Date | January 19, 2016 | January 20, 2023 |
Frequently asked questions about PYF and HMAX
Which ETF has performed better year to date: PYF or HMAX?
As of September 3, 2026, PYF has returned 3.69% year to date, while HMAX has returned 18.82%. HMAX is ahead on YTD performance.
Which ETF is larger by assets under management: PYF or HMAX?
As of September 3, 2026, PYF manages $311.56 M in assets, while HMAX manages $2.57 B. HMAX is the larger fund by AUM.
How are PYF and HMAX managed?
PYF is actively managed by Purpose Investments. It does not track an index. HMAX is actively managed by Hamilton ETFs. It does not track an index.
What sectors do PYF and HMAX emphasize?
PYF is most exposed to Technology, Consumer Non-Cyclicals, and Sovereign. HMAX is most exposed to Finance.
Which ETF is attracting more investor flows: PYF or HMAX?
Year to date, PYF has seen -$79.57 M in net flows, compared with +$415.23 M for HMAX. HMAX has attracted more net investor money so far.
How do the fees of PYF and HMAX compare?
PYF has an expense ratio of 0.71%, while HMAX has an expense ratio of 0.80%.
What are the top holdings of PYF and HMAX?
PYF's largest holdings include Microsoft Corp. and Procter & Gamble Co.. HMAX's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Bank of Montreal.
Which ETF is more diversified: PYF or HMAX?
PYF holds 350 securities, while HMAX holds 10. On holdings count, PYF is the more diversified portfolio.
Recent articles about PYF and HMAX
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Posted on 6/13/2024 by Kyle Anthony inStock Market
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