QMAX
Hamilton Technology Yield Maximizer ETF

Full QMAX fund page
VS
ZNQ
BMO NASDAQ 100 Equity Index ETF

Full ZNQ fund page

Hamilton Technology Yield Maximizer ETF (QMAX) and BMO NASDAQ 100 Equity Index ETF (ZNQ) offer distinct profiles for Canadian ETF investors. A direct comparison shows that QMAX focuses its top 3 sector exposures on Information Technology, Communication Services, and Consumer Discretionary, while ZNQ leans towards Information Technology, Communication Services, and Consumer Discretionary. When evaluating costs, QMAX features a management fee (MER) of 0.65%, compared to 0.35% for ZNQ. Performance-wise, QMAX has returned 18.6% year-to-date with +$109 M in net flows, whereas ZNQ is at 19.69% with -$66 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

-2.00.02.04.06.08.0%May 12May 20May 27Jun 3Jun 10

Key Data

Historical performance and flows

As of June 12, 2026
1M3MYTD1Y3Y
Perf.
QMAX
+4.68%+35.53%+18.60%+39.38%-
ZNQ
+4.14%+24.02%+19.69%+39.27%+111.47%
Flows
QMAX
+$12 M+$30 M+$109 M+$178 M-
ZNQ
-$6 M+$64 M-$66 M+$682 M+$1,095 M

QMAX vs ZNQ exposure

Countries

QMAX
USA
94.60%
ZNQ
USA
96.42%

Sectors

QMAX
Information Technology
54.00%
Communication Services
20.50%
Consumer Discretionary
13.70%
Other
11.80%
ZNQ
Information Technology
51.93%
Communication Services
14.82%
Consumer Discretionary
12.20%
Consumer Staples
7.59%
Other
13.46%
As of June 12, 2026

Top 10 Holdings

QMAX
NETFLIX
7.20%
APPLE
7.10%
INTEL-T
7.00%
ADVANCED MICRO DEVICES
6.90%
NVIDIA
6.90%
AMAZON.COM INC
6.90%
TESLA
6.80%
MICROSOFT-T
6.80%
ALPHABET INC-CL
6.70%
BROADCOM LIMITED
6.70%
ZNQ
NVIDIA
9.05%
APPLE
7.06%
MICROSOFT-T
5.61%
AMAZON.COM INC
5.03%
ALPHABET INC-CL
3.63%
META PLATFORMS
3.50%
BROADCOM LIMITED
3.42%
ALPHABET INC-CL
3.36%
TESLA
3.31%
WALMART INC
3.07%

Diversification

QMAX
Total weight of top 10 holdings out of 14 total
69.00%
ZNQ
Total weight of top 10 holdings out of 101 total
47.03%

Characteristics

Compare
QMAX
ZNQ
ProviderHamilton ETFsBMO
ManagementActively managedPassively managed
Benchmark-NASDAQ-100 Total Return Index - CAD
Replication MethodDirect (Physical)
Asset ClassEquityEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield9.61%0.21%
Meets ESG criteriaNoNo
Inception DateOctober 25, 2023February 15, 2019

Frequently asked questions about QMAX and ZNQ

Which ETF has performed better year to date: QMAX or ZNQ?
As of June 12, 2026, QMAX has returned 18.60% year to date, while ZNQ has returned 19.69%. ZNQ is ahead on YTD performance.
Which ETF is larger by assets under management: QMAX or ZNQ?
As of June 12, 2026, QMAX manages $958.33 M in assets, while ZNQ manages $2.29 B. ZNQ is the larger fund by AUM.
How are QMAX and ZNQ managed?
QMAX is actively managed by Hamilton ETFs. It does not track an index. ZNQ is passively managed by BMO. It tracks the NASDAQ-100 Total Return Index - CAD benchmark.
What sectors do QMAX and ZNQ emphasize?
QMAX is most exposed to Information Technology, Communication Services, and Consumer Discretionary. ZNQ is most exposed to Information Technology, Communication Services, and Consumer Discretionary.
Which ETF is attracting more investor flows: QMAX or ZNQ?
Year to date, QMAX has seen +$108.81 M in net flows, compared with -$66.42 M for ZNQ. QMAX has attracted more net investor money so far.
How do the fees of QMAX and ZNQ compare?
QMAX has an expense ratio of 0.80%, while ZNQ has an expense ratio of 0.39%.
What are the top holdings of QMAX and ZNQ?
QMAX's largest holdings include NETFLIX, APPLE, and INTEL-T. ZNQ's top holdings include NVIDIA, APPLE, and ALPHABET INC-CL.
Which ETF is more diversified: QMAX or ZNQ?
QMAX holds 14 securities, while ZNQ holds 93. On holdings count, ZNQ is the more diversified portfolio.

Recent articles about QMAX and ZNQ

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