TECX
TD Global Technology Leaders CAD Hedged Index ETF

Full TECX fund page
VS
QMAX
Hamilton Technology Yield Maximizer ETF

Full QMAX fund page

TD Global Technology Leaders CAD Hedged Index ETF (TECX) and Hamilton Technology Yield Maximizer ETF (QMAX) offer distinct profiles for Canadian ETF investors. A direct comparison shows that TECX 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, TECX features a management fee (MER) of 0.35%, compared to 0.65% for QMAX. Performance-wise, TECX has returned 13.68% year-to-date with +$3 M in net flows, whereas QMAX is at 16.52% with +$175 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

-5.0-4.0-3.0-2.0-1.00.01.0%Aug 4Aug 11Aug 18Aug 25Sep 1

Key Data

Historical performance and flows

As of September 3, 2026
1M3MYTD1Y3Y
Perf.
TECX
-0.15%-1.71%+13.68%+22.28%+93.44%
QMAX
-3.06%-4.34%+16.52%+25.25%-
Flows
TECX
+$0 M+$2 M+$3 M+$7 M+$8 M
QMAX
+$24 M+$68 M+$175 M+$195 M-

TECX vs QMAX exposure

Countries

TECX
USA
88.57%
Other
11.43%
QMAX
USA
100.54%

Sectors

TECX
Technology
80.35%
Consumer Non-Cyclicals
7.51%
Other
12.14%
QMAX
Technology
82.58%
Other
17.42%
As of September 3, 2026

Top 10 Holdings

TECX
NVIDIA Corp.
12.00%
Apple, Inc.
11.30%
Microsoft Corp.
8.71%
Amazon.com, Inc.
6.67%
Alphabet, Inc.
5.30%
Broadcom Inc.
4.63%
Alphabet, Inc.
4.62%
Meta Platforms, Inc.
3.12%
Tesla, Inc.
2.66%
Micron Technology, Inc.
2.37%
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

TECX
Total weight of top 10 holdings out of 229 total
61.37%
QMAX
Total weight of top 10 holdings out of 15 total
71.21%

Characteristics

Compare
TECX
QMAX
ProviderTD Asset ManagementHamilton ETFs
ManagementPassively managedActively managed
BenchmarkSolactive Global Technology Leaders Hedged to CAD Index - CAD-
Replication MethodDirect (Physical)
Asset ClassEquityEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield0.13%10.31%
Meets ESG criteriaNoNo
Inception DateApril 27, 2023October 25, 2023

Frequently asked questions about TECX and QMAX

Which ETF has performed better year to date: TECX or QMAX?
As of September 3, 2026, TECX has returned 13.68% year to date, while QMAX has returned 16.52%. QMAX is ahead on YTD performance.
Which ETF is larger by assets under management: TECX or QMAX?
As of September 3, 2026, TECX manages $15.89 M in assets, while QMAX manages $981.29 M. QMAX is the larger fund by AUM.
How are TECX and QMAX managed?
TECX is passively managed by TD Asset Management. It tracks the Solactive Global Technology Leaders Hedged to CAD Index - CAD benchmark. QMAX is actively managed by Hamilton ETFs. It does not track an index.
What sectors do TECX and QMAX emphasize?
TECX 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: TECX or QMAX?
Year to date, TECX has seen +$3.32 M in net flows, compared with +$174.62 M for QMAX. QMAX has attracted more net investor money so far.
How do the fees of TECX and QMAX compare?
TECX has an expense ratio of 0.39%, while QMAX has an expense ratio of 0.80%.
What are the top holdings of TECX and QMAX?
TECX'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: TECX or QMAX?
TECX holds 226 securities, while QMAX holds 15. On holdings count, TECX is the more diversified portfolio.

Recent articles about TECX and QMAX

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