HYLD vs SMAX

Hamilton Enhanced U.S. Covered Call ETF against Hamilton U.S. Equity YIELD MAXIMIZER™ ETF — on the numbers that decide which one you keep.

Hamilton ETFs HYLD page Hamilton ETFs SMAX page

$1,000 invested 2023-10, distributions reinvestedto 2026-08-04

HYLD $2,015 SMAX $1,925

Both start at 2023-10, 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 HYLD SMAX

Price $15.98 $22.94

Distribution per month $0.1630 $0.1980

Distribution per year $1.85 $2.25

Yield 11.59% 9.82%

Total return (DRIP) 70.4% 93.7%

Price return -2.0% 44.8%

Management fee 0.81%* 0.65%

Return of capital 100% 83%

Eligible dividends 0% 0%

Fund assets $1.36B $1.12B

Risk rating Medium Low to Medium

Payments made 54 33

Times reduced 1 7

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

HYLD holds SMAX directly, at 59.8% of its portfolio. Owning both is not diversification — it concentrates you further into SMAX, and you pay HYLD's fee on top of SMAX'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 HYLD with

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

Compare SMAX with

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

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.