VS
When evaluating costs, QMAX features a management fee (MER) of 0.65%, compared to 0.65% for HDIV. Performance-wise, QMAX has returned 19.32% year-to-date with +$228 M in net flows, whereas HDIV is at 21.98% with +$668 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
QMAX
HDIV
| AuM | $1,047.72 M | $1,992.58 M |
| Management Fees | 0.65% | 0.65% |
| Exp. ratio | 0.77% | 0.96% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 28, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | QMAX | -5.28% | +9.91% | +19.32% | +13.89% | +118.26% |
HDIV | +1.10% | +2.68% | +21.98% | +28.50% | +127.74% | |
| Flows | QMAX | +$48 M | +$83 M | +$228 M | +$287 M | +$854 M |
HDIV | +$77 M | +$220 M | +$668 M | +$761 M | +$1,239 M |
QMAX vs HDIV exposure
Countries
QMAX
Exposure data will be available soon
HDIV
Exposure data will be available soon
Sectors
QMAX
Exposure data will be available soon
HDIV
Exposure data will be available soon
As of October 28, 2026
Top 10 Holdings
QMAX
Exposure data will be available soon
HDIV
Exposure data will be available soon
Diversification
QMAX
Exposure data will be available soon
HDIV
Exposure data will be available soon
Characteristics
Compare
QMAX
HDIV
| 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 | 10.25% | 9.55% |
| Meets ESG criteria | No | No |
| Inception Date | October 25, 2023 | July 19, 2021 |
Frequently asked questions about QMAX and HDIV
Which ETF has performed better year to date: QMAX or HDIV?
As of October 28, 2026, QMAX has returned 19.32% year to date, while HDIV has returned 21.98%. HDIV is ahead on YTD performance.
Which ETF is larger by assets under management: QMAX or HDIV?
As of October 28, 2026, QMAX manages $1.05 B in assets, while HDIV manages $1.99 B. HDIV is the larger fund by AUM.
How are QMAX and HDIV managed?
QMAX is actively managed by Hamilton ETFs. It does not track an index. HDIV is actively managed by Hamilton ETFs. It does not track an index.
Which ETF is attracting more investor flows: QMAX or HDIV?
Year to date, QMAX has seen +$227.92 M in net flows, compared with +$667.97 M for HDIV. HDIV has attracted more net investor money so far.
How do the fees of QMAX and HDIV compare?
QMAX has an expense ratio of 0.77%, while HDIV has an expense ratio of 0.96%.
Recent articles about QMAX and HDIV

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