Hamilton U.S. Equity YIELD MAXIMIZER™ ETF

  • Ticker SMAX
  • Yield % 10.42

Maximize Income from U.S. Equity Leaders

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

HIGHLIGHTS

Yield of 10.42%*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 U.S. equities across multiple sectors

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 tax-efficient monthly income

Modest long-term growth potential

CAD-unhedged exposure to U.S. equities with a sector mix similar to the S&P 500

Reduced volatility from options strategy

INVESTMENT OVERVIEW

SMAX is designed for attractive monthly income, while providing exposure to a portfolio of primarily large-cap U.S. equity securities. To reduce volatility and augment dividend income, SMAX will employ an active covered call strategy.

SMAX does not use leverage.

Also available for purchase in US$ Unhedged (SMAX.U)

Insights

SMAX — 10%+ Yield from U.S. Equity LeadersMore
Yardeni on His Roaring 2020s Thesis, AI and the Fed’s Next MovesMore
Hamilton ETFs Announces Plans to Launch Two New YIELD MAXIMIZER™ ETFs with Filing of Preliminary ProspectusMore

SMAX Commentary  |  All Insights & Commentary

Performance

  • TICKER SMAX
  • NAV $23.02
  • 1 DAY CHANGE +$0.23
  • YIELD % *

    Current annualized yield.

     10.42
  • ASSETS $1084.6M

Total Returns (incl. Dividends)

As at June 30, 2026

  • ticker 0.0%
  • 1 month 2.6%
  • 3 months 21.1%
  • 6 months 18.6%
  • ytd 18.6%
  • 1 year 36.8%
  • inception* 27.6%
  • as of date 600.0%

Hamilton U.S. Equity YIELD MAXIMIZER™ ETF

  • Overview
  • Distributions
  • Documents

Sector Allocation

As at June 30, 2026

█  Communications 10.1%
█  Consumer Discretionary 7.7%
█  Consumer Staples 3.3%
█  Energy 3.0%
█  Financials 11.3%
█  Healthcare 8.3%
█  Industrials 9.4%
█  Materials 3.7%
█  Real Estate 3.6%
█  Technology 36.3%
█  Utilities 3.3%

Holdings

As at June 30, 2026

tickernameweight
MUMicron Technology Inc7.1%
AMDAdvanced Micro Devices Inc6.7%
CATCaterpillar Inc5.1%
CSCOCisco Systems Inc5.1%
LLYEli Lilly & Co4.6%
GEGeneral Electric Co4.5%
GOOGLAlphabet Inc4.2%
AAPLApple Inc4.1%
NVDANVIDIA Corp4.0%
AMZNAmazon.com Inc4.0%
JPMJPMorgan Chase & Co4.0%
VVisa Inc3.9%
TSLATesla Inc3.9%
JNJJohnson & Johnson3.8%
AVGOBroadcom Inc3.8%
LINLinde PLC3.8%
BRK/BBerkshire Hathaway Inc3.7%
PLDPrologis Inc3.6%
MSFTMicrosoft Corp3.4%
NEENextEra Energy Inc3.4%
WMTWalmart Inc3.3%
METAMeta Platforms Inc3.3%
9666655DExxon Mobil Corp3.0%
NFLXNetflix Inc2.8%
PLTRPalantir Technologies Inc2.7%
Cash and Other Assets/Liabilities-0.7%
Written Call Options-1.2%

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.
TickerSMAX
ExchangeToronto Stock Exchange (TSX)
CUSIP407916105
Inception DateOctober 25, 2023
Investment StyleCovered Call
Assets$1101.4M CAD*
Current Annualized Yield10.42%*
DistributionsMonthly
Currency HedgingCAD-unhedged
RebalancingSemi-annual
Management Fee0.65%
Risk RatingLow to Medium
AuditorKPMG LLP
Legal Entity Identifier2549005JJY97H2CP5W16

Distributions

SMAX 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
2026-06-302026-07-08Monthly$0.2000
2026-05-292026-06-05Monthly$0.1970
2026-04-302026-05-07Monthly$0.1900
2026-03-312026-04-08Monthly$0.1830
2026-02-272026-03-06Monthly$0.1830
2026-01-302026-02-06Monthly$0.1850
2025-12-312026-01-08Monthly$0.1840
2025-11-282025-12-05Monthly$0.1830
2025-10-312025-11-07Monthly$0.1840
2025-09-292025-10-07Monthly$0.1830
2025-08-292025-09-08Monthly$0.1820
2025-07-312025-08-08Monthly$0.1820
2025-06-302025-07-08Monthly$0.1800
2025-05-302025-06-06Monthly$0.1780
2025-04-302025-05-07Monthly$0.1720
2025-03-312025-04-07Monthly$0.1740
2025-02-282025-03-07Monthly$0.1750
2025-01-312025-02-07Monthly$0.1740
2024-12-312025-01-08Monthly$0.1730
2024-11-292024-12-06Monthly$0.1710
2024-10-312024-11-07Monthly$0.1725
2024-09-272024-10-07Monthly$0.1720
2024-08-302024-09-09Monthly$0.1710
2024-07-312024-08-08Monthly$0.1720
2024-06-282024-07-08Monthly$0.1720
2024-05-312024-06-07Monthly$0.1700
2024-04-292024-05-07Monthly$0.1700
2024-03-272024-04-05Monthly$0.1650
2024-02-282024-03-07Monthly$0.1650
2024-01-302024-02-09Monthly$0.1610
2023-12-282024-01-08Monthly$0.1600
2023-11-292023-12-07Monthly$0.1600

You can view public filings for the Hamilton U.S. Equity YIELD MAXIMIZER™ ETF on SEDAR+.

Press Releases

View the latest SMAX Press Releases

Fact Sheet

SMAX Fact Sheet (2026-05-29) English Français

ETF Facts

SMAX ETF Facts (2025-08-14) English Français

Prospectus

SMAX Prospectus (2025-08-14) 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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