Hamilton Utilities Yield Maximizer ETF (UMAX) and Hamilton Canadian Financials Yield Maximizer ETF (HMAX) offer distinct profiles for Canadian ETF investors. A direct comparison shows that UMAX focuses its top 3 sector exposures on Utilities, Energy, and Communication Services, while HMAX leans towards Financials. When evaluating costs, UMAX features a management fee (MER) of 0.65%, compared to 0.65% for HMAX. Performance-wise, UMAX has returned 10.2% year-to-date with +$284 M in net flows, whereas HMAX is at 13.52% with +$278 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
| AuM | $1,371.56 M | $2,394.68 M |
| Management Fees | 0.65% | 0.65% |
| Exp. ratio | 0.79% | 0.80% |
| Tracking Difference | - | - |
Historical performance and flows
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | UMAX | +4.49% | +3.67% | +10.20% | +16.09% | +29.46% |
HMAX | +4.97% | +14.72% | +13.52% | +37.52% | +84.45% | |
| Flows | UMAX | +$23 M | +$166 M | +$284 M | +$616 M | +$1,407 M |
HMAX | +$54 M | +$96 M | +$278 M | +$665 M | +$1,657 M |
UMAX vs HMAX exposure
Countries
Sectors
Top 10 Holdings
Diversification
Characteristics
| Provider | Hamilton ETFs | Hamilton ETFs |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 13.82% | 11.35% |
| Meets ESG criteria | No | No |
| Inception Date | June 14, 2023 | January 20, 2023 |
Frequently asked questions about UMAX and HMAX
Which ETF has performed better year to date: UMAX or HMAX?
Which ETF is larger by assets under management: UMAX or HMAX?
How are UMAX and HMAX managed?
What sectors do UMAX and HMAX emphasize?
Which ETF is attracting more investor flows: UMAX or HMAX?
How do the fees of UMAX and HMAX compare?
What are the top holdings of UMAX and HMAX?
Which ETF is more diversified: UMAX or HMAX?
Recent articles about UMAX and HMAX
How Canadians Can Generate Income with these Covered Call ETFs
A look at Canadian Covered Call ETFs that have attractive distribution yields.
Yield-focused ETFs and the Benefit They Can Provide Investors
ETFs that employ covered call-writing strategies can be effective ways to generate monthly yield for investors while still providing exposure to a security or asset class on a long-term basis.
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.