VS
When evaluating costs, XEQT features a management fee (MER) of 0.18%, compared to 0.65% for HMAX. Performance-wise, XEQT has returned 17.35% year-to-date with +$9 B in net flows, whereas HMAX is at 16.28% with +$456 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
XEQT
HMAX
| AuM | $23,427.37 M | $2,533.57 M |
| Management Fees | 0.18% | 0.65% |
| Exp. ratio | 0.19% | 0.76% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 6, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XEQT | +1.96% | +1.69% | +17.35% | +18.77% | +90.35% |
HMAX | -0.80% | -2.58% | +16.28% | +25.81% | +95.84% | |
| Flows | XEQT | +$831 M | +$2,934 M | +$8,701 M | +$10,099 M | +$16,485 M |
HMAX | +$42 M | +$140 M | +$456 M | +$615 M | +$1,620 M |
XEQT vs HMAX exposure
Countries
XEQT
Exposure data will be available soon
HMAX
Exposure data will be available soon
Sectors
XEQT
Exposure data will be available soon
HMAX
Exposure data will be available soon
As of October 6, 2026
Top 10 Holdings
XEQT
Exposure data will be available soon
HMAX
Exposure data will be available soon
Diversification
XEQT
Exposure data will be available soon
HMAX
Exposure data will be available soon
Characteristics
Compare
XEQT
HMAX
| Provider | iShares | Hamilton ETFs |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.56% | 11.60% |
| Meets ESG criteria | No | No |
| Inception Date | August 7, 2019 | January 20, 2023 |
Frequently asked questions about XEQT and HMAX
Which ETF has performed better year to date: XEQT or HMAX?
As of October 6, 2026, XEQT has returned 17.35% year to date, while HMAX has returned 16.28%. XEQT is ahead on YTD performance.
Which ETF is larger by assets under management: XEQT or HMAX?
As of October 6, 2026, XEQT manages $23.43 B in assets, while HMAX manages $2.53 B. XEQT is the larger fund by AUM.
How are XEQT and HMAX managed?
XEQT is actively managed by iShares. It does not track an index. HMAX is actively managed by Hamilton ETFs. It does not track an index.
Which ETF is attracting more investor flows: XEQT or HMAX?
Year to date, XEQT has seen +$8,700.57 M in net flows, compared with +$456.28 M for HMAX. XEQT has attracted more net investor money so far.
How do the fees of XEQT and HMAX compare?
XEQT has an expense ratio of 0.19%, while HMAX has an expense ratio of 0.76%.
Recent articles about XEQT and HMAX
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