VS
When evaluating costs, USCL features a management fee (MER) of 0.65%, compared to 0.65% for UMAX. Performance-wise, USCL has returned 13.29% year-to-date with -$25 M in net flows, whereas UMAX is at 8.22% with +$478 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
USCL
UMAX
| AuM | $234.88 M | $1,460.28 M |
| Management Fees | 0.65% | 0.65% |
| Exp. ratio | 1.65% | 0.77% |
| Tracking Difference | - | - |
Historical performance and flows
As of November 6, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | USCL | -6.33% | -2.48% | +13.29% | +12.41% | +67.99% |
UMAX | +6.96% | +0.56% | +8.22% | +9.35% | +30.67% | |
| Flows | USCL | +$3 M | -$2 M | -$25 M | -$34 M | +$187 M |
UMAX | -$22 M | +$66 M | +$478 M | +$542 M | +$1,444 M |
USCL vs UMAX exposure
Countries
USCL
Exposure data will be available soon
UMAX
Exposure data will be available soon
Sectors
USCL
Exposure data will be available soon
UMAX
Exposure data will be available soon
As of November 6, 2026
Top 10 Holdings
USCL
Exposure data will be available soon
UMAX
Exposure data will be available soon
Diversification
USCL
Exposure data will be available soon
UMAX
Exposure data will be available soon
Characteristics
Compare
USCL
UMAX
| Provider | Global X | Hamilton ETFs |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 12.37% | 14.13% |
| Meets ESG criteria | No | No |
| Inception Date | July 5, 2023 | June 14, 2023 |
Frequently asked questions about USCL and UMAX
Which ETF has performed better year to date: USCL or UMAX?
As of November 6, 2026, USCL has returned 13.29% year to date, while UMAX has returned 8.22%. USCL is ahead on YTD performance.
Which ETF is larger by assets under management: USCL or UMAX?
As of November 6, 2026, USCL manages $234.88 M in assets, while UMAX manages $1.46 B. UMAX is the larger fund by AUM.
How are USCL and UMAX managed?
USCL is actively managed by Global X. It does not track an index. UMAX is actively managed by Hamilton ETFs. It does not track an index.
Which ETF is attracting more investor flows: USCL or UMAX?
Year to date, USCL has seen -$25.45 M in net flows, compared with +$477.52 M for UMAX. UMAX has attracted more net investor money so far.
How do the fees of USCL and UMAX compare?
USCL has an expense ratio of 1.65%, while UMAX has an expense ratio of 0.77%.
Recent articles about USCL and UMAX
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.
Posted on 6/13/2024 by Kyle Anthony inStock Market
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
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.
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.