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Compare Hamilton Technology Yield Maximizer ETF (QMAX) vs Hamilton U.S. Equity Yield Maximizer ETF (SMAX) to find the best fit for your portfolio. QMAX provides Technology, Consumer Non-Cyclicals, and Business Services exposures, while SMAX is primarily weighted in Technology, Finance, and Healthcare. When evaluating costs, QMAX features a management fee (MER) of 0.65%, compared to 0.65% for SMAX. Performance-wise, QMAX has returned 19.5% year-to-date with +$178 M in net flows, whereas SMAX is at 18.32% with +$186 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
SMAX
| AuM | $1,009.66 M | $1,129.20 M |
| Management Fees | 0.65% | 0.65% |
| Exp. ratio | 0.77% | 0.77% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | QMAX | -0.06% | -0.78% | +19.50% | +23.71% | - |
SMAX | +0.47% | +1.77% | +18.32% | +24.50% | - | |
| Flows | QMAX | +$31 M | +$69 M | +$178 M | +$190 M | - |
SMAX | +$25 M | +$78 M | +$186 M | +$150 M | - |
QMAX vs SMAX exposure
Countries
QMAX
USA
100.54%
SMAX
USA
97.15%
Sectors
QMAX
Technology
82.58%
Other
17.42%
SMAX
Technology
43.20%
Finance
16.37%
Healthcare
8.46%
Industrials
8.37%
Consumer Non-Cyclicals
7.92%
Other
15.68%
As of September 17, 2026
Top 10 Holdings
QMAX
Advanced Micro Devices, Inc.
8.13%
Applied Materials, Inc.
7.72%
Microsoft Corp.
7.50%
Micron Technology, Inc.
7.19%
Apple, Inc.
7.01%
Amazon.com, Inc.
6.92%
Lam Research Corp.
6.91%
Intel Corp.
6.81%
Alphabet, Inc.
6.53%
Broadcom Inc.
6.47%
SMAX
Advanced Micro Devices, Inc.
5.45%
Micron Technology, Inc.
5.16%
Cisco Systems, Inc.
5.09%
Amazon.com, Inc.
4.60%
Eli Lilly & Co.
4.51%
Apple, Inc.
4.43%
GE Aerospace
4.37%
Microsoft Corp.
4.35%
JPMorgan Chase & Co.
4.32%
Visa, Inc.
4.28%
Diversification
QMAX
Total weight of top 10 holdings out of 15 total
71.21%
SMAX
Total weight of top 10 holdings out of 25 total
46.56%
Characteristics
Compare
QMAX
SMAX
| 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 | 10.05% | 10.07% |
| Meets ESG criteria | No | No |
| Inception Date | October 25, 2023 | October 25, 2023 |
Frequently asked questions about QMAX and SMAX
Which ETF has performed better year to date: QMAX or SMAX?
As of September 17, 2026, QMAX has returned 19.50% year to date, while SMAX has returned 18.32%. QMAX is ahead on YTD performance.
Which ETF is larger by assets under management: QMAX or SMAX?
As of September 17, 2026, QMAX manages $1.01 B in assets, while SMAX manages $1.13 B. SMAX is the larger fund by AUM.
How are QMAX and SMAX managed?
QMAX is actively managed by Hamilton ETFs. It does not track an index. SMAX is actively managed by Hamilton ETFs. It does not track an index.
What sectors do QMAX and SMAX emphasize?
QMAX is most exposed to Technology, Consumer Non-Cyclicals, and Business Services. SMAX is most exposed to Technology, Finance, and Healthcare.
Which ETF is attracting more investor flows: QMAX or SMAX?
Year to date, QMAX has seen +$177.82 M in net flows, compared with +$185.78 M for SMAX. SMAX has attracted more net investor money so far.
How do the fees of QMAX and SMAX compare?
QMAX has an expense ratio of 0.77%, while SMAX has an expense ratio of 0.77%.
What are the top holdings of QMAX and SMAX?
QMAX's largest holdings include Advanced Micro Devices, Inc., Applied Materials, Inc., and Microsoft Corp.. SMAX's top holdings include Advanced Micro Devices, Inc., Micron Technology, Inc., and Cisco Systems, Inc..
Which ETF is more diversified: QMAX or SMAX?
QMAX holds 15 securities, while SMAX holds 25. On holdings count, SMAX is the more diversified portfolio.
Recent articles about QMAX and SMAX
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Posted on 6/13/2024 by Kyle Anthony inStock Market
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