Hamilton Utilities YIELD MAXIMIZER ETF (UMAX.TO) ETF Analysis

Fund Overview

Hamilton Utilities YIELD MAXIMIZER ETF (UMAX.TO) is an exchange-traded fund. Total net assets stand at CA$1.42B. The fund is issued by Hamilton Capital Partners Inc. It has been trading since June 14, 2023.

The largest positions on file are Brookfield Infrastructure Partners LP (BIP-UN.TO), Canadian National Railway Co (CNR.TO), and BCE Inc (BCE.TO). Brookfield Infrastructure Partners LP alone accounts for 8.4% of the portfolio. The ten largest positions together make up 78.71% of the fund.

Performance Analysis

The most recent close on file for UMAX.TO is CA$12.76, dated September 4, 2026. Over the trailing twelve months the price has returned +6.69%. Measured over 3 years, that is +7.82% a year compounded. The trailing distribution yield is 14.1%.

Across the complete calendar years on file, 2025 returned +9.95% and 2024 returned +5.97%. So far in 2026 the price is +4.84%.

Price & Risk Profile

Annualized volatility over the trailing 3 years is 8.86%. Beta against the wider market is reported at 0.37. The 52-week range on file runs from CA$12.63 to CA$13.90. The latest close sits 0.99% above that 52-week low. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.