VS
TD Global Technology Leaders Index ETF (TEC) and Hamilton Technology Yield Maximizer ETF (QMAX) offer distinct profiles for Canadian ETF investors. A direct comparison shows that TEC focuses its top 3 sector exposures on Technology, Consumer Non-Cyclicals, and Finance, while QMAX leans towards Technology, Consumer Non-Cyclicals, and Business Services. When evaluating costs, TEC features a management fee (MER) of 0.35%, compared to 0.65% for QMAX. Performance-wise, TEC has returned 15.11% year-to-date with +$697 M in net flows, whereas QMAX is at 16.99% with +$178 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
TEC
QMAX
| AuM | $5,100.53 M | $988.47 M |
| Management Fees | 0.35% | 0.65% |
| Exp. ratio | 0.39% | 0.77% |
| Tracking Difference | -0.50% | - |
Historical performance and flows
As of September 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | TEC | -1.41% | -0.03% | +15.11% | +18.49% | +111.07% |
QMAX | -2.16% | -2.35% | +16.99% | +21.21% | - | |
| Flows | TEC | +$34 M | +$175 M | +$697 M | +$847 M | +$1,092 M |
QMAX | +$31 M | +$70 M | +$178 M | +$191 M | - |
TEC vs QMAX exposure
Countries
TEC
USA
89.35%
Other
10.65%
QMAX
USA
100.54%
Sectors
TEC
Technology
81.26%
Consumer Non-Cyclicals
7.60%
Other
11.14%
QMAX
Technology
82.58%
Other
17.42%
As of September 16, 2026
Top 10 Holdings
TEC
NVIDIA Corp.
12.14%
Apple, Inc.
11.44%
Microsoft Corp.
8.82%
Amazon.com, Inc.
6.75%
Alphabet, Inc.
5.36%
Broadcom Inc.
4.68%
Alphabet, Inc.
4.68%
Meta Platforms, Inc.
3.15%
Tesla, Inc.
2.69%
Micron Technology, Inc.
2.40%
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%
Diversification
TEC
Total weight of top 10 holdings out of 229 total
62.11%
QMAX
Total weight of top 10 holdings out of 15 total
71.21%
Characteristics
Compare
TEC
QMAX
| Provider | TD Asset Management | Hamilton ETFs |
| Management | Passively managed | Actively managed |
| Benchmark | Solactive Global Technology Leaders NTR Index - CAD | - |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.08% | 10.27% |
| Meets ESG criteria | No | No |
| Inception Date | May 9, 2019 | October 25, 2023 |
Frequently asked questions about TEC and QMAX
Which ETF has performed better year to date: TEC or QMAX?
As of September 16, 2026, TEC has returned 15.11% year to date, while QMAX has returned 16.99%. QMAX is ahead on YTD performance.
Which ETF is larger by assets under management: TEC or QMAX?
As of September 16, 2026, TEC manages $5.10 B in assets, while QMAX manages $988.47 M. TEC is the larger fund by AUM.
How are TEC and QMAX managed?
TEC is passively managed by TD Asset Management. It tracks the Solactive Global Technology Leaders NTR Index - CAD benchmark. QMAX is actively managed by Hamilton ETFs. It does not track an index.
What sectors do TEC and QMAX emphasize?
TEC is most exposed to Technology, Consumer Non-Cyclicals, and Finance. QMAX is most exposed to Technology, Consumer Non-Cyclicals, and Business Services.
Which ETF is attracting more investor flows: TEC or QMAX?
Year to date, TEC has seen +$697.24 M in net flows, compared with +$177.82 M for QMAX. TEC has attracted more net investor money so far.
How do the fees of TEC and QMAX compare?
TEC has an expense ratio of 0.39%, while QMAX has an expense ratio of 0.77%.
What are the top holdings of TEC and QMAX?
TEC's largest holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc.. QMAX's top holdings include Advanced Micro Devices, Inc., Applied Materials, Inc., and Microsoft Corp..
Which ETF is more diversified: TEC or QMAX?
TEC holds 228 securities, while QMAX holds 15. On holdings count, TEC is the more diversified portfolio.
Recent articles about TEC and QMAX
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