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›ETF Providers›Hamilton ETFs›HMAX

HMAX

CA40704M1068

Active ETF Equity

HMAX ETF · Hamilton Canadian Financials Yield Maximizer ETF

The HMAX 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 4/2/2026, 1:30 PM UTC

LIVE

CLOSED

This fund is part ofStructured Products1M perf.-4.02%

Last price

$15.67

1M perf.

-2.17%

1M flows

+€59M

AuM

€1.31B

E/R

0.8%

Rating

Not rated

ESG Consensus®

HMAX

$15.67

Performance & flows

Segment for quartile rank

January 2, 2026 → April 2, 2026

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HMAX

$15.68

-0.65%

Structured Products

-0.06%

Historic performance and flows

	1M	3M	1Y	3Y	5Y	MTD	QTD	YTD
Perf.	-2.17%	-0.65%	+28.25%	+62.61%	N/A	+1.07%	+1.07%	-0.08%
Flows

Key fund info

Segment for quartile rank

This ETF's jurisdiction country is not in your region (Europe and Middle East) ·

Main characteristics

Issuer

Hamilton ETFs

CUSIP

40704M106

ISIN

CA40704M1068

AuM

€1.31B

E/R

0.8%

ESG Consensus®

More details

NAV

4/2/2026

$15.68

1D NAV change

+0.33%

Dividend policy

Distributing

No. of holdings

Inception date

1/20/2023

Jurisdiction

Canada

Distribution

Canada

Legal structure

Open-end Investment Company

Base currency

CAD

Dividend distribution

Trailing 12-month distr. yield

Distribution frequency

Last distribution

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Classification

Product type

Active ETF

Asset class

Equity

Factors

N/A

Investment strategy

HMAX is designed for attractive monthly income, while providing exposure to a market cap-weighted portfolio of Canadian financial services stocks. To reduce volatility and augment dividend income, HMAX will employ an active covered call strategy.

Tax optimisation

PEA

France

UK Reporting Status

United Kingdom

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Risk profile

Segment for quartile rank

Historical risk/return profile

	3M	1Y	3Y	5Y
Returns	-0.65%	+28.25%	+62.61%	N/A
Volatility
Perf./Volatility
Max drawdown

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Synthetic Risk and Reward Indicator (SRRI)

UCITS

N/A

PRIIPS

N/A

More exposure metrics are available, exclusively in Trackinsight Enterprise

Exposure

The HMAX ETF is actively managed, so it doesn't track an index. We're working to retrieve all detailed holding information.

To find out more about HMAX's exposure, please refer to the as provided by Hamilton ETFs.

More risk metrics are available, exclusively in Trackinsight Enterprise

Sustainability

Integrates ESG criteria

SDG

More sustainability metrics are available, exclusively in Trackinsight Enterprise

Issuer

Hamilton ETFs

Hamilton ETFs ID Card

Number of funds

Total AuM

€8.88B

Expense ratio range

0.19% - 2.55%

Average expense ratio

0.8676%

View all Hamilton ETFs funds

Top 5 funds by Hamilton ETFs

		AuM
HMAX	Hamilton Canadian Financials Yield Maximizer ETF	€1.31B
HDIV	Hamilton Enhanced Multi-Sector Covered Call ETF	€873M
UMAX	Hamilton Utilities Yield Maximizer ETF	€772M
HEB	Hamilton Canadian Bank Equal-Weight Index ETF	€665M
HYLD	Hamilton Enhanced U.S. Covered Call ETF	€600M

Frequently asked questions about HMAX

What does Hamilton Canadian Financials Yield Maximizer ETF, HMAX, invest in?

HMAX is a Active ETF. This ETF provides exposure to Large Cap Canadian Financials Equities.

What is the Total Expense ratio (TER) of HMAX?

HMAX carries a total expense ratio (TER) of 0.8%, indicating the annual cost for holding the fund.

When was HMAX launched?

HMAX was introduced to the market on January 20, 2023. It trades on Canada

Who is the ETF issuer of HMAX?

Hamilton Canadian Financials Yield Maximizer ETF, HMAX, is provided by Hamilton ETFs. Learn more about Hamilton ETFs here.

What is the current assets under management (AUM) of HMAX?

HMAX oversees €1.31B in assets as of April 2, 2026.

How has HMAX performed lately?

Based on data from April 2, 2026, HMAX returned -2.17% over the past month, -0.65% over the last three months and -0.08% year-to-date.

What are the latest inflows or outflows for HMAX?

As of April 2, 2026, HMAX recorded net flows of +€59M over the last month and +€136M year-to-date.

Does HMAX distribute dividends?

HMAX follows a distributing dividend policy, meaning it pays out income to investors. As of April 2, 2026, its 12-month trailing yield was 12.62%.

What are the main country or region exposures of HMAX?

As of February 28, 2026, HMAX has significant geographic allocations in Canada.

In which sector or theme does HMAX invest in?

As of February 28, 2026, HMAX focuses largely on Financials.

How many securities does HMAX hold and how diversified is it?

As of February 28, 2026, HMAX holds 9 positions in its portfolio, with 97.10% of assets concentrated in its top 15 holdings.

What are the main positions in HMAX?

As of February 28, 2026, HMAX top three holdings include ROYAL BK CANADA, TORONTO DOMINION and CA11271J1075.

What is the base currency of HMAX?

The base currency of HMAX is CAD.

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Over the past decade, Trackinsight has expanded its operations across six countries, serving thousands of professional investors. We’ve consistently innovated to provide cutting-edge solutions that meet the changing demands of the ETF market.

In 2024, Kepler Cheuvreux, a leading independent European financial services firm, acquired a majority stake in Trackinsight, becoming the company's principal shareholder.

This strategic partnership solidifies Trackinsight's position as a premier provider of ETF selection and analysis tools, while strengthening Kepler Cheuvreux’s commitment to becoming a leading player in the ETF sector.

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Don’t Miss a Move in the ETF Market

HMAX ETF · Hamilton Canadian Financials Yield Maximizer ETF

Performance & flows

Historic performance and flows

Monthly performance and flows

Trading and listing info

Key fund info

Enterprise

Similar ETFs in your region

Risk profile

Historical risk/return profile

Exposure

Sustainability

Issuer

Frequently asked questions about HMAX

What does Hamilton Canadian Financials Yield Maximizer ETF, HMAX, invest in?

HMAX is a Active ETF. This ETF provides exposure to Large Cap Canadian Financials Equities.

What is the Total Expense ratio (TER) of HMAX?

HMAX carries a total expense ratio (TER) of 0.8%, indicating the annual cost for holding the fund.

When was HMAX launched?

HMAX was introduced to the market on January 20, 2023. It trades on Canada

Who is the ETF issuer of HMAX?

Hamilton Canadian Financials Yield Maximizer ETF, HMAX, is provided by Hamilton ETFs. Learn more about Hamilton ETFs here.

What is the current assets under management (AUM) of HMAX?

HMAX oversees €1.31B in assets as of April 2, 2026.

How has HMAX performed lately?

Based on data from April 2, 2026, HMAX returned -2.17% over the past month, -0.65% over the last three months and -0.08% year-to-date.

What are the latest inflows or outflows for HMAX?

As of April 2, 2026, HMAX recorded net flows of +€59M over the last month and +€136M year-to-date.

Does HMAX distribute dividends?

HMAX follows a distributing dividend policy, meaning it pays out income to investors. As of April 2, 2026, its 12-month trailing yield was 12.62%.

What are the main country or region exposures of HMAX?

As of February 28, 2026, HMAX has significant geographic allocations in Canada.

In which sector or theme does HMAX invest in?

As of February 28, 2026, HMAX focuses largely on Financials.

How many securities does HMAX hold and how diversified is it?

As of February 28, 2026, HMAX holds 9 positions in its portfolio, with 97.10% of assets concentrated in its top 15 holdings.

What are the main positions in HMAX?

As of February 28, 2026, HMAX top three holdings include ROYAL BK CANADA, TORONTO DOMINION and CA11271J1075.

What is the base currency of HMAX?

The base currency of HMAX is CAD.

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