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UMAX ETF · Hamilton Utilities Yield Maximizer ETF
The UMAX 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 Yesterday at 1:30 PM UTC
LIVE
CLOSED
This fund is part ofAlternatives1M perf.-3.33%
Last price
$13.74
1M perf.
+1.49%
1M flows
+€49M
AuM
€771M
E/R
0.79%
Rating
Not rated
ESG Consensus®
UMAX
$13.74
Performance & flows
December 15, 2025 → March 13, 2026
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UMAX
$13.73
+7.58%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | +1.49% | +7.58% | +14.17% | N/A | N/A | -0.48% | +6.69% | +6.69% | |
| 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
$13.73
1D NAV change
+0.81%
Dividend policy
No. of holdings
11
Inception date
6/14/2023
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
Investment strategy
UMAX is designed for attractive monthly income, while providing exposure to a portfolio of utility services equity securities, primarily domiciled/listed in Canada and the U.S. To reduce volatility and augment dividend income, UMAX will employ an active covered call strategy.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +7.58% | +14.17% | 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
Canada
86.10%
Unavailable
13.90%
Sectors
Energy
24.10%
Communication Services
23.90%
Industrials
22.60%
Utilities
15.50%
Unavailable
13.90%
Diversification
Total weight of top 11 holdings out of 11
Top 11 holdings
Data as of January 31, 2026
PEMBINA PIPELINE
BCE
TC ENERGY CORP
ROGERS COMMUNICATIONS
ENBRIDGE
HYDRO ONE
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TELUS
FORTIS
CANADIAN PACIFIC RAILWAY
WASTE CONNECTIONS INC
CDN NATL RAILWAY
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Enterprise
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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 UMAX
What does Hamilton Utilities Yield Maximizer ETF, UMAX, invest in?
UMAX is a Active ETF. This ETF provides exposure to North American Utilities Equities.
What is the Total Expense ratio (TER) of UMAX?
UMAX carries a total expense ratio (TER) of 0.79%, indicating the annual cost for holding the fund.
When was UMAX launched?
UMAX was introduced to the market on June 14, 2023. It trades on Canada
Who is the ETF issuer of UMAX?
Hamilton Utilities Yield Maximizer ETF, UMAX, is provided by Hamilton ETFs. Learn more about Hamilton ETFs here.
What is the current assets under management (AUM) of UMAX?
UMAX oversees €771M in assets as of March 13, 2026.
How has UMAX performed lately?
Based on data from March 13, 2026, UMAX returned 1.49% over the past month, 7.58% over the last three months and 6.69% year-to-date.
What are the latest inflows or outflows for UMAX?
As of March 13, 2026, UMAX recorded net flows of +€50M over the last month and +€78M year-to-date.
Does UMAX distribute dividends?
UMAX follows a distributing dividend policy, meaning it pays out income to investors. As of March 13, 2026, its 12-month trailing yield was 14.09%.
What are the main country or region exposures of UMAX?
As of January 31, 2026, UMAX has significant geographic allocations in Canada.
In which sector or theme does UMAX invest in?
As of January 31, 2026, UMAX focuses largely on Energy, Communication Services and Industrials.
How many securities does UMAX hold and how diversified is it?
As of January 31, 2026, UMAX holds 11 positions in its portfolio, with 86.10% of assets concentrated in its top 15 holdings.
What are the main positions in UMAX?
As of January 31, 2026, UMAX top three holdings include PEMBINA PIPELINE, BCE and TC ENERGY CORP.
What is the base currency of UMAX?
The base currency of UMAX is CAD.
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