VS
When evaluating costs, UMAX features a management fee (MER) of 0.65%, compared to 0.18% for XEQT. Performance-wise, UMAX has returned 5.48% year-to-date with +$486 M in net flows, whereas XEQT is at 15.33% with +$9 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
UMAX
XEQT
| AuM | $1,445.96 M | $23,762.23 M |
| Management Fees | 0.65% | 0.18% |
| Exp. ratio | 0.77% | 0.19% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 27, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | UMAX | +4.03% | -4.83% | +5.48% | +5.46% | +33.91% |
XEQT | -0.61% | +1.69% | +15.33% | +15.46% | +93.01% | |
| Flows | UMAX | -$16 M | +$124 M | +$486 M | +$609 M | +$1,456 M |
XEQT | +$1,043 M | +$2,930 M | +$9,439 M | +$10,479 M | +$17,193 M |
UMAX vs XEQT exposure
Countries
UMAX
Exposure data will be available soon
XEQT
Exposure data will be available soon
Sectors
UMAX
Exposure data will be available soon
XEQT
Exposure data will be available soon
As of October 27, 2026
Top 10 Holdings
UMAX
Exposure data will be available soon
XEQT
Exposure data will be available soon
Diversification
UMAX
Exposure data will be available soon
XEQT
Exposure data will be available soon
Characteristics
Compare
UMAX
XEQT
| Provider | Hamilton ETFs | iShares |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 14.57% | 1.59% |
| Meets ESG criteria | No | No |
| Inception Date | June 14, 2023 | August 7, 2019 |
Frequently asked questions about UMAX and XEQT
Which ETF has performed better year to date: UMAX or XEQT?
As of October 27, 2026, UMAX has returned 5.48% year to date, while XEQT has returned 15.33%. XEQT is ahead on YTD performance.
Which ETF is larger by assets under management: UMAX or XEQT?
As of October 27, 2026, UMAX manages $1.45 B in assets, while XEQT manages $23.76 B. XEQT is the larger fund by AUM.
How are UMAX and XEQT managed?
UMAX is actively managed by Hamilton ETFs. It does not track an index. XEQT is actively managed by iShares. It does not track an index.
Which ETF is attracting more investor flows: UMAX or XEQT?
Year to date, UMAX has seen +$485.50 M in net flows, compared with +$9,439.23 M for XEQT. XEQT has attracted more net investor money so far.
How do the fees of UMAX and XEQT compare?
UMAX has an expense ratio of 0.77%, while XEQT has an expense ratio of 0.19%.
Recent articles about UMAX and XEQT
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