Hamilton Canadian Financials YIELD MAXIMIZER™ ETF

  • Ticker HMAX
  • Yield % 11.71

Maximize Income from Canadian Financials

Maximize Your Monthly Income with HMAX

HMAX FACT SHEET (English)
HMAX FACT SHEET (Français)
YIELD MAXIMIZER ETFs

HIGHLIGHTS

Yield of 11.71%*An estimate of the annualized yield an investor would receive if the most recent distribution remained unchanged for the next 12 months, stated as a percentage of the price per unit on May 29, 2026. The yield calculation excludes any additional year end distributions and does not include reinvested distributions. with monthly distributions

Diversification beyond single stocks with exposure to Canada’s largest financials

Flexible coverage ratio adjusted to achieve target yield and preserve upside

Active covered call strategy managed by options team with 50+ years of experience, led by Nick Piquard

A GOOD FIT FOR INVESTORS WHO WANT

Higher monthly income

Diversified exposure to Canada’s 10 largest financials with approximately 70% exposure to the ‘big-6’ banks

Tax efficient distributions

Reduced volatility from options strategy

INVESTMENT OVERVIEW

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.

HMAX does not use leverage.

Insights

Hamilton ETFs Announces Plans to Launch Two New YIELD MAXIMIZER™ ETFs with Filing of Preliminary ProspectusMore
Cdn Banks Q2-2025 — Key Takeaways (BNN Video)More
Volatility Is Back — and Likely Here to StayMore

HMAX Commentary  |  All Insights & Commentary

Performance

  • TICKER HMAX
  • NAV $17.47
  • 1 DAY CHANGE -$0.03
  • YIELD % *

    Current annualized yield.

     11.71
  • ASSETS $2394.7M

Total Returns (incl. Dividends)

As at May 29, 2026

  • ticker 0.0%
  • 1 month 4.1%
  • 3 months 9.8%
  • 6 months 15.1%
  • ytd 11.6%
  • 1 year 36.2%
  • 3 years* 22.8%
  • inception* 17.4%
  • as of date 202600.0%

Hamilton Canadian Financials YIELD MAXIMIZER™ ETF

  • Overview
  • Distributions
  • Documents

Sector Allocation

As at May 29, 2026

█  Asset Management 10.2%
█  Banks 75.9%
█  Insurance 13.9%

Holdings

As at May 29, 2026

tickernameweight
RYRoyal Bank of Canada25.2%
TDToronto-Dominion Bank/The17.8%
BMOBank of Montreal10.7%
BNBrookfield Corp10.5%
CMCanadian Imperial Bank of Comm9.4%
BNSBank of Nova Scotia/The9.3%
MFCManulife Financial Corp6.0%
NANational Bank of Canada5.4%
GWOGreat-West Lifeco Inc5.0%
IFCIntact Financial Corp3.3%
Cash and Other Assets/Liabilities-0.9%
Written Call Options-1.6%

Fund Details

 

All Hamilton ETFs are available for purchase on the Toronto Stock Exchange (TSX) or Cboe Canada, and can be used in RRSP, RRIF, DPSP, RDSP, FHSA, RESP and TFSA portfolios. To set up a DRIP, please contact your individual brokerage.
TickerHMAX
ExchangeToronto Stock Exchange (TSX)
CUSIP40704M106
Inception DateJanuary 20, 2023
Investment StyleCovered Call
Assets$2394.7M CAD*
Current Annualized Yield11.71%*
DistributionsMonthly
Currency HedgingNone
RebalancingSemi-Annual
Management Fee0.65%
Risk RatingMedium
AuditorKPMG LLP
Legal Entity Identifier549300MRZG8IKUDNCP20

Distributions

HMAX distributions are paid monthly in cash, or if the unitholder has enrolled in the dividend reinvestment plan (DRIP), reinvested in additional units of the ETF. To set up a DRIP, please contact your individual brokerage. The annual tax information is available here.
Ex-Dividend DatePay DateFrequencyAmount
2026-05-292026-06-05Monthly$0.1670
2026-04-302026-05-07Monthly$0.1670
2026-03-312026-04-08Monthly$0.1640
2026-02-272026-03-06Monthly$0.1650
2026-01-302026-02-06Monthly$0.1650
2025-12-312026-01-08Monthly$0.1660
2025-11-282025-12-05Monthly$0.1650
2025-10-312025-11-07Monthly$0.1640
2025-09-292025-10-07Monthly$0.1640
2025-08-292025-09-08Monthly$0.1650
2025-07-312025-08-08Monthly$0.1650
2025-06-302025-07-08Monthly$0.1650
2025-05-302025-06-06Monthly$0.1650
2025-04-302025-05-07Monthly$0.1660
2025-03-312025-04-07Monthly$0.1675
2025-02-282025-03-07Monthly$0.1680
2025-01-312025-02-07Monthly$0.1690
2024-12-312025-01-08Monthly$0.1690
2024-11-292024-12-06Monthly$0.1700
2024-10-312024-11-07Monthly$0.1700
2024-09-272024-10-07Monthly$0.1700
2024-08-302024-09-09Monthly$0.1685
2024-07-312024-08-08Monthly$0.1695
2024-06-282024-07-08Monthly$0.1695
2024-05-312024-06-07Monthly$0.1715
2024-04-292024-05-07Monthly$0.1710
2024-03-272024-04-05Monthly$0.1731
2024-02-282024-03-07Monthly$0.1730
2024-01-302024-02-09Monthly$0.1746
2023-12-282024-01-08Monthly$0.1745
2023-11-292023-12-07Monthly$0.1745
2023-10-302023-11-07Monthly$0.1775
2023-09-282023-10-06Monthly$0.1775
2023-08-302023-09-08Monthly$0.180
2023-07-282023-08-08Monthly$0.180
2023-06-292023-07-10Monthly$0.180
2023-05-302023-06-07Monthly$0.180
2023-04-272023-05-05Monthly$0.180
2023-03-302023-04-13Monthly$0.185
2023-02-272023-03-10Monthly$0.185

You can view public filings for the Hamilton Canadian Financials YIELD MAXIMIZER™ ETF on SEDAR+.

Press Releases

View the latest HMAX Press Releases

Fact Sheet

HMAX Fact Sheet (2026-04-30) English Français

ETF Facts

HMAX ETF Facts (2026-01-08) English Français

Prospectus

HMAX Prospectus (2026-01-08) English Français

Financial Statements & MRFP

Annual Report (2025-12-31) English Français
Interim Report (2025-06-30) English Français

Latest Portfolio Summary

Q1 2026 Portfolio Summary (2026-03-31) Download

Proxy Voting

Proxy Voting Report (2024-07 to 2025-06) Download

Independent Review Committee

2025 Annual Report to Securityholders (2026-03-06) Download

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