VS
When evaluating costs, QBTL features a management fee (MER) of 0.55%, compared to 0.65% for HMAX. Performance-wise, QBTL has returned 9.39% year-to-date with -$108 M in net flows, whereas HMAX is at 19.37% with +$479 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
QBTL
HMAX
| AuM | $221.46 M | $2,598.96 M |
| Management Fees | 0.55% | 0.65% |
| Exp. ratio | 0.55% | 0.76% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | QBTL | +9.92% | +7.33% | -9.39% | -9.94% | -31.63% |
HMAX | +2.92% | +0.04% | +19.37% | +28.17% | +108.11% | |
| Flows | QBTL | -$92 M | -$121 M | -$108 M | -$96 M | -$29 M |
HMAX | +$37 M | +$124 M | +$479 M | +$600 M | +$1,622 M |
QBTL vs HMAX exposure
Countries
QBTL
Exposure data will be available soon
HMAX
Exposure data will be available soon
Sectors
QBTL
Exposure data will be available soon
HMAX
Exposure data will be available soon
As of October 30, 2026
Top 10 Holdings
QBTL
Exposure data will be available soon
HMAX
Exposure data will be available soon
Diversification
QBTL
Exposure data will be available soon
HMAX
Exposure data will be available soon
Characteristics
Compare
QBTL
HMAX
| Provider | AGF | Hamilton ETFs |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.00% | 12.38% |
| Meets ESG criteria | No | No |
| Inception Date | October 7, 2019 | January 20, 2023 |
Frequently asked questions about QBTL and HMAX
Which ETF has performed better year to date: QBTL or HMAX?
As of October 30, 2026, QBTL has returned -9.39% year to date, while HMAX has returned 19.37%. HMAX is ahead on YTD performance.
Which ETF is larger by assets under management: QBTL or HMAX?
As of October 30, 2026, QBTL manages $221.46 M in assets, while HMAX manages $2.60 B. HMAX is the larger fund by AUM.
How are QBTL and HMAX managed?
QBTL is actively managed by AGF. 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: QBTL or HMAX?
Year to date, QBTL has seen -$107.63 M in net flows, compared with +$479.24 M for HMAX. HMAX has attracted more net investor money so far.
How do the fees of QBTL and HMAX compare?
QBTL has an expense ratio of 0.55%, while HMAX has an expense ratio of 0.76%.
Recent articles about QBTL and HMAX
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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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