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FMAX ETF · Hamilton U.S. Financials Yield Maximizer ETF
The FMAX Exchange Traded Fund (ETF) is provided by Hamilton ETFs. This fund is actively managed; it does not track an index. This share class generates a stream of income by distributing dividends.
Last update 3/13/2026, 1:30 PM UTC
LIVE
CLOSED
This fund is part ofAlternatives1M perf.-3.33%
Last price
$16.13
1M perf.
-4.98%
1M flows
+€4.7M
AuM
€91M
E/R
0.88%
Rating
Not rated
ESG Consensus®
FMAX
$16.13
Performance & flows
December 15, 2025 → March 13, 2026
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FMAX
$16.12
-11.90%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | -4.98% | -11.90% | -1.85% | N/A | N/A | -4.12% | -11.83% | -11.83% | |
| Flows |
Key fund info
This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
More details
NAV
3/13/2026
$16.12
1D NAV change
+1.13%
Dividend policy
No. of holdings
20
Inception date
2/6/2024
Jurisdiction
Canada
Distribution
Canada
Legal structure
Open-end Fund
Base currency
CAD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Investment strategy
FMAX is designed to deliver attractive monthly income while providing exposure to an equal-weight portfolio of U.S. financial services companies. To reduce volatility and augment dividend income, FMAX will employ an active covered call strategy.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Enterprise
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Risk profile
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | -11.90% | -1.85% | N/A | N/A |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
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Enterprise
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Countries
USA
95.60%
Switzerland
5.50%
Sectors
Financials
86.50%
Information Technology
9.70%
Unavailable
3.80%
Diversification
Total weight of top 15 holdings out of 20
Top 15 holdings
Data as of January 31, 2026
CHARLES SCHWAB
THE GOLDMAN SACHS GROUP
CHUBB LTD
INTERCONTINENTAL EXCHANGE INC
S&P GLOBAL INC
MORGAN STANLEY
WELLS FARGO
CITIGROUP
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BK OF AMERICA CO
JPMORGAN CHASE
BERKSHIRE HATHWAY
AMERICAN EXPRESS
MASTERCARD
MARSH AND MCLENNAN
US09290D1019
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Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
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Integrates ESG criteria
No
SDG
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Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseIssuer
Hamilton ETFs
Hamilton ETFs ID Card
Number of funds
38
Total AuM
€8.91B
Expense ratio range
0.19% - 2.55%
Average expense ratio
0.8676%
Top 5 funds by Hamilton ETFs
| AuM | ||
|---|---|---|
HMAX | Hamilton Canadian Financials Yield Maximizer ETF | €1.29B |
HDIV | Hamilton Enhanced Multi-Sector Covered Call ETF | €857M |
UMAX | Hamilton Utilities Yield Maximizer ETF | €771M |
HEB | Hamilton Canadian Bank Equal-Weight Index ETF | €671M |
HYLD | Hamilton Enhanced U.S. Covered Call ETF | €613M |
Frequently asked questions about FMAX
What does Hamilton U.S. Financials Yield Maximizer ETF, FMAX, invest in?
FMAX is a Active ETF. This ETF provides exposure to Large Cap North American Financials Equities.
What is the Total Expense ratio (TER) of FMAX?
FMAX carries a total expense ratio (TER) of 0.88%, indicating the annual cost for holding the fund.
When was FMAX launched?
FMAX was introduced to the market on February 6, 2024. It trades on Canada
Who is the ETF issuer of FMAX?
Hamilton U.S. Financials Yield Maximizer ETF, FMAX, is provided by Hamilton ETFs. Learn more about Hamilton ETFs here.
What is the current assets under management (AUM) of FMAX?
FMAX oversees €91M in assets as of March 13, 2026.
How has FMAX performed lately?
Based on data from March 13, 2026, FMAX returned -4.98% over the past month, -11.90% over the last three months and -11.83% year-to-date.
What are the latest inflows or outflows for FMAX?
As of March 13, 2026, FMAX recorded net flows of +€4.7M over the last month and +€4.9M year-to-date.
Does FMAX distribute dividends?
FMAX follows a distributing dividend policy, meaning it pays out income to investors. As of March 13, 2026, its 12-month trailing yield was 12.89%.
What are the main country or region exposures of FMAX?
As of January 31, 2026, FMAX has significant geographic allocations in USA and Switzerland.
In which sector or theme does FMAX invest in?
As of January 31, 2026, FMAX focuses largely on Financials and Information Technology.
How many securities does FMAX hold and how diversified is it?
As of January 31, 2026, FMAX holds 20 positions in its portfolio, with 78.50% of assets concentrated in its top 15 holdings.
What are the main positions in FMAX?
As of January 31, 2026, FMAX top three holdings include CHARLES SCHWAB, THE GOLDMAN SACHS GROUP and CHUBB LTD.
What is the base currency of FMAX?
The base currency of FMAX is CAD.
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