FMAX.TO
Hamilton U.S. Financials YIELD MAXIMIZER TM ETF
US
EQUITY
Active
MANAGEMENT STYLE
$ 167.0 M
ASSETS UNDER MGMT
0 bp
EXPENSES
Fund Basics
| Inception date | Feb 06, 2024 |
| Regulation | |
| Fund Website | link... |
| Distributions | |
| Currency | CAD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| MORGAN STANLEY | 5.8 % |
| GOLDMAN SACHS GROUP INC | 5.7 % |
| BLACKROCK INC | 5.5 % |
| VISA INC. CLASS A | 5.3 % |
| AMERICAN EXPRESS CO | 5.2 % |
| JPMORGAN CHASE & CO | 5.1 % |
| BLACKSTONE GROUP LP/THE | 5.1 % |
| BANK OF AMERICA CORP | 5.0 % |
| BERKSHIRE HATHAWAY INC-CL B | 5.0 % |
| CAPITAL ONE FINANCIAL CORP | 5.0 % |
Constituent Breakdown
| Number of holdings | 22 |
| Herfindahl-Hirschman Index | 512 |
| Wgt avg mkt cap (mns) | $313,765 |
| Large cap (>$10bn) | 101.0% |
| Mid cap ($2-10bn) | 0.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 101.0% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 96.1 % |
 |
SWITZERLAND | 5.0 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -11.8% | -10.2% | -1.0% | -- | -- | -- | -- | 1.0% |
| Dividend Yield | 3.6% | 10.0% | 11.0% | -- | -- | -- | -- | 11.5% |
| Total Returns | -8.2% | -0.2% | 10.1% | -- | -- | -- | -- | 12.6% | Ann. Volatility | 16.8% | 14.1% | 16.9% | -- | -- | -- | -- | 16.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.63 | 27% |
| MSCI EAFE | 0.32 | 11% |
| MSCI Emg Mkts | 0.14 | 4% |
Liquidity Measures
| Avg. volume (000) | 14 |
| ADV traded (mns) | $0 |
| Turnover | 0.1% |
| Avg. Bid/Ask (% of price) | 0.00% |
Technical Indicators
| 30d moving avg. (EMA) | $16.63 |
| Relative strength (RSI) | 46 |
| MACD/Signal | 0.00/0.01 |
| Bollinger Bands (Upper/Lower) | $16.82/$16.39 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. FMAX.TO |
Expenses vs. FMAX.TO |
ALTAR Score™ vs. FMAX.TO |
|---|---|---|---|---|
| XUSF.TO | iShares S&P U.S. Financials Index ETF | 56.0% | +25 bp | +6.3% |
| XAD.TO | iShares U.S. Aerospace & Defense Index ETF | 56.0% | +39 bp | +5.9% |
| BFIN.TO | Brompton North American Financials Dividend ETF | 42.0% | +75 bp | +6.2% |
| HUBL.TO | Harvest US Bank Leaders Income ETF | 31.3% | +75 bp | +7.3% |
| UBNK.TO | Global X Equal Weight U.S. Banks Index ETF | 31.3% | +25 bp | +6.2% |
| ZBK.TO | BMO Equal Weight US Banks Index ETF | 25.0% | +35 bp | +7.9% |
| IGEO.TO | IA Clarington Loomis Global Equity Opportunities Fund | 18.0% | +80 bp | +4.2% |
| HBF.TO | Harvest US Equity Leaders Income ETF | 18.0% | +75 bp | +4.7% |
| ZDJ.TO | BMO Dow Jones Industrial Average Hedged to CAD Index ETF | 17.3% | +23 bp | +5.4% |
| LEAD.TO | Evolve Future Leadership Fund | 15.9% | +75 bp | +3.4% |
Risk and Returns: FMAX.TO vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (CAD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/10/2026
Peer Group Comparison
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ETF Research Center Rating
0.0%
ALTAR SCORE™
PERCENTILE
AVOID
ETFRC RATING
There are 1,401 funds in the US Equity category with an average
ALTAR Score™ of 5.3% and a standard deviation
of 2.1%. FMAX.TO's ALTAR Score™ is approximately 0.0 standard
deviations above the category average. This places FMAX.TO in the percentile
among funds in the category.
Sell-Side Consensus
$20.26
PRICE TARGET
+20.1%
UPSIDE