QMVP
Hamilton Champions U.S. Technology Index ETF

Full QMVP fund page
VS
QMAX
Hamilton Technology Yield Maximizer ETF

Full QMAX fund page

Hamilton Champions U.S. Technology Index ETF (QMVP) and Hamilton Technology Yield Maximizer ETF (QMAX) offer distinct profiles for Canadian ETF investors. A direct comparison shows that QMVP focuses its top 3 sector exposures on Technology, Consumer Non-Cyclicals, and Consumer Cyclicals, while QMAX leans towards Technology, Consumer Cyclicals, and Consumer Non-Cyclicals. When evaluating costs, QMVP features a management fee (MER) of 0.19%, compared to 0.65% for QMAX. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

-10.0-5.00.0%Jun 29Jul 7Jul 14Jul 21Jul 28

Key Data

Historical performance and flows

As of July 28, 2026
1M3MYTD1Y3Y
Perf.
QMVP
-6.62%+9.87%---
QMAX
-12.10%+7.10%+8.56%+17.70%-
Flows
QMVP
+$36 M+$53 M---
QMAX
+$33 M+$50 M+$146 M+$185 M-

QMVP vs QMAX exposure

Countries

QMVP
USA
99.82%
QMAX
USA
92.24%
Other
7.76%

Sectors

QMVP
Technology
86.18%
Consumer Non-Cyclicals
7.85%
QMAX
Technology
75.83%
Other
7.76%
Other
16.41%
As of July 28, 2026

Top 10 Holdings

QMVP
Tesla, Inc.
5.79%
Apple, Inc.
5.60%
NVIDIA Corp.
5.26%
Broadcom Inc.
5.13%
Micron Technology, Inc.
5.12%
Meta Platforms, Inc.
5.07%
Applied Materials, Inc.
5.03%
Alphabet, Inc.
5.02%
Palo Alto Networks, Inc.
5.00%
Microsoft Corp.
4.91%
QMAX
Applied Materials, Inc.
9.78%
Advanced Micro Devices, Inc.
9.30%
Lam Research Corp.
9.10%
Micron Technology, Inc.
8.98%
Apple, Inc.
5.84%
Alphabet, Inc.
5.83%
Tesla, Inc.
5.68%
NVIDIA Corp.
5.61%
Broadcom Inc.
5.59%
Meta Platforms, Inc.
5.52%

Diversification

QMVP
Total weight of top 10 holdings out of 25 total
51.92%
QMAX
Total weight of top 10 holdings out of 14 total
71.22%

Characteristics

Compare
QMVP
QMAX
ProviderHamilton ETFsHamilton ETFs
ManagementPassively managedActively managed
BenchmarkSolactive HAMILTON CHAMPIONS U.S. Technology Index TR - CAD-
Replication MethodDirect (Physical)
Asset ClassEquityEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield-10.68%
Meets ESG criteriaNoNo
Inception DateJanuary 20, 2026October 25, 2023

Frequently asked questions about QMVP and QMAX

Which ETF is larger by assets under management: QMVP or QMAX?
As of July 28, 2026, QMVP manages $345.78 M in assets, while QMAX manages $904.54 M. QMAX is the larger fund by AUM.
How are QMVP and QMAX managed?
QMVP is passively managed by Hamilton ETFs. It tracks the Solactive HAMILTON CHAMPIONS U.S. Technology Index TR - CAD benchmark. QMAX is actively managed by Hamilton ETFs. It does not track an index.
What sectors do QMVP and QMAX emphasize?
QMVP is most exposed to Technology, Consumer Non-Cyclicals, and Consumer Cyclicals. QMAX is most exposed to Technology, Consumer Cyclicals, and Consumer Non-Cyclicals.
How do the fees of QMVP and QMAX compare?
QMVP has an expense ratio of 0.19%, while QMAX has an expense ratio of 0.80%.
What are the top holdings of QMVP and QMAX?
QMVP's largest holdings include Tesla, Inc., Apple, Inc., and NVIDIA Corp.. QMAX's top holdings include Applied Materials, Inc., Advanced Micro Devices, Inc., and Lam Research Corp..
Which ETF is more diversified: QMVP or QMAX?
QMVP holds 25 securities, while QMAX holds 14. On holdings count, QMVP is the more diversified portfolio.

Recent articles about QMVP and QMAX

CboeTrackinsight
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.

All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
diamonds