VS
When evaluating costs, SMAX features a management fee (MER) of 0.65%, compared to 0.08% for VFV. Performance-wise, SMAX has returned 15.71% year-to-date with +$212 M in net flows, whereas VFV is at 13.53% with +$5 B. 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
SMAX
VFV
| AuM | $1,109.54 M | $35,908.14 M |
| Management Fees | 0.65% | 0.08% |
| Exp. ratio | 0.77% | 0.09% |
| Tracking Difference | - | 0.14% |
Historical performance and flows
As of October 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | SMAX | -4.74% | +1.42% | +15.71% | +13.96% | +88.53% |
VFV | -2.71% | +1.85% | +13.53% | +11.99% | +90.64% | |
| Flows | SMAX | +$29 M | +$69 M | +$212 M | +$246 M | +$955 M |
VFV | +$729 M | +$1,406 M | +$4,598 M | +$5,208 M | +$15,392 M |
SMAX vs VFV exposure
Countries
SMAX
Exposure data will be available soon
VFV
USA
97.38%
Sectors
SMAX
Exposure data will be available soon
VFV
Technology
47.61%
Finance
12.61%
Healthcare
9.07%
Consumer Non-Cyclicals
8.59%
Industrials
7.28%
Other
14.83%
As of October 30, 2026
Top 10 Holdings
SMAX
Exposure data will be available soon
VFV
NVIDIA Corp.
8.37%
Apple, Inc.
7.36%
Microsoft Corp.
5.77%
Amazon.com, Inc.
3.70%
Alphabet, Inc.
3.06%
Broadcom Inc.
2.53%
Alphabet, Inc.
2.45%
Meta Platforms, Inc.
2.42%
Micron Technology, Inc.
1.82%
Tesla, Inc.
1.51%
Diversification
SMAX
Exposure data will be available soon
VFV
Total weight of top 10 holdings out of 503 total
39.00%
Characteristics
Compare
SMAX
VFV
| Provider | Hamilton ETFs | Vanguard |
| Management | Actively managed | Passively managed |
| Benchmark | - | S&P 500 ( CAD NY Rate ) Net Total Return 30% Index - CAD |
| Replication Method | - | Other |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 11.50% | 0.86% |
| Meets ESG criteria | No | No |
| Inception Date | October 25, 2023 | November 2, 2012 |
Frequently asked questions about SMAX and VFV
Which ETF has performed better year to date: SMAX or VFV?
As of October 30, 2026, SMAX has returned 15.71% year to date, while VFV has returned 13.53%. SMAX is ahead on YTD performance.
Which ETF is larger by assets under management: SMAX or VFV?
As of October 30, 2026, SMAX manages $1.11 B in assets, while VFV manages $35.91 B. VFV is the larger fund by AUM.
How are SMAX and VFV managed?
SMAX is actively managed by Hamilton ETFs. It does not track an index. VFV is passively managed by Vanguard. It tracks the S&P 500 ( CAD NY Rate ) Net Total Return 30% Index - CAD benchmark.
Which ETF is attracting more investor flows: SMAX or VFV?
Year to date, SMAX has seen +$211.68 M in net flows, compared with +$4,597.58 M for VFV. VFV has attracted more net investor money so far.
How do the fees of SMAX and VFV compare?
SMAX has an expense ratio of 0.77%, while VFV has an expense ratio of 0.09%.
Recent articles about SMAX and VFV
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