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Hamilton U.S. Financials YIELD MAXIMIZER ETF (FMAX.TO) ETF Analysis

FMAX.TO

Expense ratio 0.8% Yield 12.41% Assets CA$187.79M Since February 6, 2024 Family Hamilton Capital Partners Inc.

Last Updated: October 21, 2026

CA$17.20

+CA$0.07 (+0.41%)

October 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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FMAX.TO Annualized Returns

With dividends reinvested · as of October 21, 2026

Period	Total return	Annualized	CA$100 becomes	CA$300 becomes
1 year	+4.25%	+4.25%	CA$104.25	CA$312.74
Since February 7, 2024	+44.22%	+14.51%	CA$144.22	CA$432.66

Returns are total returns computed from daily closes, with dividends reinvested. As of October 21, 2026.

FMAX.TO Return by Calendar Year

2024 and 2026 are partial years

+32.95%+0.72%

2024*20252026*

View as table ↓View as chart ↑

Year	Return
2026 (partial year)	+0.72%
2025	+7.70%
2024 (partial year)	+32.95%

FMAX.TO Monthly Returns

−7%+11%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	−2.7	−5.8	−0.6	+2.0	−0.2	+5.2	+4.8	+1.3	−4.9	+2.1	—	—
2025	+7.3	−0.5	−5.0	−6.8	+4.9	+2.0	+1.9	+1.4	+0.8	−1.7	+1.6	+2.5
2024	—	—	+3.3	−0.4	+1.6	+0.7	+5.7	+0.9	+0.1	+6.4	+10.6	−3.1

Monthly total returns with dividends reinvested; each cell prints its signed value.

FMAX.TO Volatility & Risk

Volatility: 2 yrs

Annualized volatility: 17.24%
Best year: +7.70%
Worst year: +7.70%

Volatility is the annualized standard deviation of daily returns. As of October 21, 2026.

Top Holdings

#	Symbol	Name	Weight
1	BRK-B	Berkshire Hathaway Inc Class B	5.21%
2	CME	CME Group Inc Class A	5.15%
3	PGR	Progressive Corp	5.14%
4	V	Visa Inc Class A	5.14%
5	MA	Mastercard Inc Class A	5.13%
6	BLK	BlackRock Inc	5.13%
7	SPGI	S&P Global Inc	5.13%
8	AXP	American Express Co	5.12%
9	CB	Chubb Ltd	5.08%
10	USB	U.S. Bancorp	5.06%

Analysis

Data-derived

Fund Overview

Hamilton U.S. Financials YIELD MAXIMIZER ETF (FMAX.TO) is an exchange-traded fund. The fund is issued by Hamilton Capital Partners Inc. The inception date on file is February 6, 2024. Total net assets stand at CA$187.79M. The expense ratio is 0.8%. On a CA$10,000 position that is CA$80.00 a year.

Its biggest positions are Berkshire Hathaway Inc Class B (BRK-B), CME Group Inc Class A (CME), and Progressive Corp (PGR). Berkshire Hathaway Inc Class B alone accounts for 5.21% of the portfolio. The ten largest positions together make up 51.29% of the fund.

Performance Analysis

FMAX.TO last closed at CA$17.20 on October 21, 2026. Over the trailing twelve months the total return is +4.25%. The stored price history starts on February 7, 2024, and the total return since then is +44.22%. The fund distributes at a trailing yield of 12.41%.

2026 is still running; the total return is +0.72% year to date. The record holds one complete calendar year, 2025, which returned +7.70%.

Price & Risk Profile

Annualized volatility over the trailing 2 years is 17.24%. Over the past 52 weeks the price has ranged from CA$15.92 to CA$19.32. The latest close sits 8.04% above that 52-week low. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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