HDIV vs UMAX

Hamilton Enhanced Canadian Covered CallETF against Hamilton Utilities YIELD MAXIMIZER™ ETF — on the numbers that decide which one you keep.

Hamilton ETFs HDIV page Hamilton ETFs UMAX page

$1,000 invested 2023-06, distributions reinvestedto 2026-08-04

HDIV $2,164 UMAX $1,264

Both start at 2023-06, the first month they share — comparing from each fund's own inception would give the older one a head start. Before tax and commissions.

Side by side

Measure HDIV UMAX

Price $23.66 $13.25

Distribution per month $0.1930 $0.1500

Distribution per year $2.20 $1.87

Yield 9.30% 14.10%

Total return (DRIP) 139.1% 26.3%

Price return 43.4% -17.0%

Management fee 0.77%* 0.65%

Return of capital 75% 73%

Eligible dividends 0% 20%

Fund assets $1.81B $1.42B

Risk rating Medium Medium

Payments made 60 37

Times reduced 0 22

Bold marks the more favourable figure where one direction is unambiguously better — a higher yield, a lower fee, fewer reductions. Most rows have no better side: a higher return of capital is neither good nor bad on its own, it changes when you pay tax rather than how much you earn.

Overlapping holdings

HDIV holds UMAX directly, at 9.9% of its portfolio. Owning both is not diversification — it concentrates you further into UMAX, and you pay HDIV's fee on top of UMAX's own.

See this across everything you hold.

Overlap only tells the whole story once every holding is in one place — with combined income projections on your real units.

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Compare HDIV with

HDIV vs AMAX HDIV vs EMAX HDIV vs HMAX HDIV vs HYLD HDIV vs LMAX HDIV vs QMAX HDIV vs RMAX HDIV vs SMAX

Compare UMAX with

UMAX vs AMAX UMAX vs EMAX UMAX vs HMAX UMAX vs HYLD UMAX vs LMAX UMAX vs QMAX UMAX vs RMAX UMAX vs SMAX

Prices as at 2026-08-04, as published by Hamilton ETFs. Tax figures are the last published year. Reinvestment assumes fractional units and no commission. Not a recommendation and not tax advice — see the disclaimer.