Hamilton Canadian Financials YIELD MAXIMIZER ETF (HMAX.TO) ETF Analysis

Fund Overview

Hamilton Canadian Financials YIELD MAXIMIZER ETF (HMAX.TO) is an exchange-traded fund. Hamilton Capital Partners Inc. is the fund family on file. It has been trading since January 20, 2023. The fund holds CA$2.57B in total net assets.

Its biggest positions are Royal Bank of Canada (RY), The Toronto-Dominion Bank (TD), and Bank of Montreal (BMO.TO). Royal Bank of Canada alone accounts for 24.97% of the portfolio. The ten largest positions together make up 100.89% of the fund.

Performance Analysis

The most recent close on file for HMAX.TO is CA$17.75, dated September 4, 2026. The trailing one-year price return is +31.12%. Measured over 3 years, that is +23.55% a year compounded. The trailing distribution yield is 11.01%.

Across the complete calendar years on file, 2025 returned +27.20% and 2023 returned −0.36%. Of the 3 complete calendar years on file, 2 finished higher. 2026 is still running; the price is +17.52% year to date.

Price & Risk Profile

Annualized volatility over the trailing 3 years is 11.49%. Beta against the wider market is reported at 0.84. The 52-week range on file runs from CA$15.07 to CA$18.60. The latest close sits 17.78% above that 52-week low. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.