EMAX.TO Alternatives & Similar ETFs

Hamilton Energy YIELD MAXIMIZER ETF (EMAX.TO) belongs to the Energy Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with EMAX.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to EMAX.TO

EMAX.TO charges 0.65% annually. There are 7 ETFs in the Energy Equities category with lower expense ratios, going as low as 0.27%.

Symbol	Name	Expense Ratio	AUM	Inception
HXE.TO	Global X S&P/TSX Capped Energy Index Corporate Cla...	0.27%	136.64M	Sep 2013	EMAX.TO vs HXE.TO
PPLN.TO	Global X Equal Weight Canadian Pipelines Index ETF	0.31%	—	Jul 2014	EMAX.TO vs PPLN.TO
XBM.TO	iShares S&P/TSX Global Base Metals Index ETF	0.60%	658.13M	Apr 2011	EMAX.TO vs XBM.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	0.60%	340.76M	Oct 2009	EMAX.TO vs ZEO.TO
OILY.TO	Evolve Canadian Energy Enhanced Yield Index Fund E...	0.60%	—	Mar 2025	EMAX.TO vs OILY.TO

Best Risk-Adjusted Alternatives to EMAX.TO

EMAX.TO has a PortfoliosLab risk / return rank of 70. There are 12 ETFs in the Energy Equities category with higher risk-adjusted ranks, going as high as 86.

Symbol	Name	Risk / Return Rank	AUM	Inception
HXE.TO	Global X S&P/TSX Capped Energy Index Corporate Cla...	86	136.64M	Sep 2013	EMAX.TO vs HXE.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	86	340.76M	Oct 2009	EMAX.TO vs ZEO.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	86	2.28B	Mar 2001	EMAX.TO vs XEG.TO
XBM.TO	iShares S&P/TSX Global Base Metals Index ETF	85	658.13M	Apr 2011	EMAX.TO vs XBM.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	85	759.08M	Apr 2011	EMAX.TO vs ENCC.TO

Top Performing EMAX.TO Alternatives (YTD)

EMAX.TO is at 30.76% YTD. There are 8 ETFs in the Energy Equities category with higher YTD returns, going as high as 45.59%.

Symbol	Name	YTD Return	AUM	Inception
NNRG.NEO	Ninepoint Energy ETF	45.59%	1.38B	May 2021	EMAX.TO vs NNRG.NEO
HXE.TO	Global X S&P/TSX Capped Energy Index Corporate Cla...	44.48%	136.64M	Sep 2013	EMAX.TO vs HXE.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	44.34%	2.28B	Mar 2001	EMAX.TO vs XEG.TO
ZMT.TO	BMO S&P/TSX Equal Weight Global Base Metals (CAD H...	39.44%	85.01M	Oct 2009	EMAX.TO vs ZMT.TO
XBM.TO	iShares S&P/TSX Global Base Metals Index ETF	38.48%	658.13M	Apr 2011	EMAX.TO vs XBM.TO

Lowest Volatility Alternatives to EMAX.TO

EMAX.TO has 20.03% 1-year volatility. There are 7 ETFs in the Energy Equities category with lower 1-year volatility, going as low as 14.08%.

Symbol	Name	Volatility 1Y	AUM	Inception
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	14.08%	759.08M	Apr 2011	EMAX.TO vs ENCC.TO
PPLN.TO	Global X Equal Weight Canadian Pipelines Index ETF	14.40%	—	Jul 2014	EMAX.TO vs PPLN.TO
CIF.TO	iShares Global Infrastructure Index ETF	15.23%	1.44B	Aug 2008	EMAX.TO vs CIF.TO
ZWEN.TO	BMO Covered Call Energy ETF	16.69%	133.70M	Jan 2023	EMAX.TO vs ZWEN.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	16.92%	340.76M	Oct 2009	EMAX.TO vs ZEO.TO

Lowest Drawdown Alternatives to EMAX.TO

EMAX.TO has a 1-year max drawdown of -12.39%. There are 10 ETFs in the Energy Equities category with shallower 1-year drawdowns, going as shallow as -8.48%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	-8.48%	759.08M	Apr 2011	EMAX.TO vs ENCC.TO
NXF.TO	CI Energy Giants Covered Call ETF Common Units (CA...	-9.41%	116.31M	Feb 2015	EMAX.TO vs NXF.TO
ZWEN.TO	BMO Covered Call Energy ETF	-9.50%	133.70M	Jan 2023	EMAX.TO vs ZWEN.TO
CIF.TO	iShares Global Infrastructure Index ETF	-9.50%	1.44B	Aug 2008	EMAX.TO vs CIF.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	-9.54%	340.76M	Oct 2009	EMAX.TO vs ZEO.TO

Other ETFs from Hamilton Capital

The 10 most viewed Hamilton Capital ETFs shown here include HMAX.TO, HYLD.TO, HCAL.TO and span 6 categories. AUM among these funds goes as high as $2B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
HMAX.TO	Hamilton Canadian Financials YIELD MAXIMIZER ETF	Derivative Income	91	11.17%	2.34B	Jan 2023	EMAX.TO vs HMAX.TO
HYLD.TO	Hamilton Enhanced U.S. Covered Call ETF	Derivative Income	75	15.73%	1.29B	Feb 2022	EMAX.TO vs HYLD.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	Leveraged Equities	96	23.54%	959.30M	Oct 2020	EMAX.TO vs HCAL.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	Derivative Income, Utilities Equities	58	8.78%	1.34B	Jun 2023	EMAX.TO vs UMAX.TO
QMAX.TO	Hamilton Technology YIELD MAXIMIZER ETF	Technology Equities, Derivative Income	52	22.06%	973.00M	Oct 2023	EMAX.TO vs QMAX.TO
QDAY.NEO	Hamilton EnhancedTechnology DayMAX™ ETF	Derivative Income	—	31.76%	—	Jul 2025	EMAX.TO vs QDAY.NEO
CDAY.NEO	Hamilton Enhanced Canadian Equity DayMAX ETF	Derivative Income, Canada Equities	—	13.70%	242.10M	Jul 2025	EMAX.TO vs CDAY.NEO
AMAX.TO	Hamilton Gold Producer YIELD MAXIMIZER ETF	Gold, Derivative Income	32	-1.05%	519.30M	Feb 2024	EMAX.TO vs AMAX.TO
SDAY.NEO	Hamilton Enhanced U.S. Equity DayMAX™ ETF	Derivative Income	—	9.14%	—	Jul 2025	EMAX.TO vs SDAY.NEO
CMVP.TO	HAMILTON CHAMPIONS Canadian Dividend Index ETF Cla...	Canada Equities	79	11.91%	—	Jan 2025	EMAX.TO vs CMVP.TO

Often Compared With EMAX.TO

Investors most often compare EMAX.TO with HDIV.TO, GLCC.TO, ENCL.TO. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
HDIV.TO	Hamilton Enhanced Canadian Covered Call ETF	Derivative Income	92	16.21%	1.63B	Jul 2021	EMAX.TO vs HDIV.TO
GLCC.TO	Global X Gold Producer Equity Covered Call ETF	Derivative Income, Gold	39	-0.45%	597.10M	Apr 2011	EMAX.TO vs GLCC.TO
ENCL.TO	Global X Enhanced Canadian Oil and Gas Equity Cove...	Oil & Gas, Derivative Income	85	36.58%	286.32M	Oct 2023	EMAX.TO vs ENCL.TO
MSTE.TO	Harvest MicroStrategy Enhanced High Income Shares ...	Derivative Income	1	-20.32%	—	Mar 2025	EMAX.TO vs MSTE.TO
XLE	State Street Energy Select Sector SPDR ETF	Energy Equities	63	32.17%	38.95B	Dec 1998	EMAX.TO vs XLE
UTES.TO	Evolve Canadian Utilities Enhanced Yield Index Fun...	Derivative Income	75	12.58%	405.53M	Sep 2024	EMAX.TO vs UTES.TO
HYLD-U.TO	Hamilton Enhanced U.S. Covered Call ETF (USD)	Derivative Income	73	15.12%	937.07M	Feb 2022	EMAX.TO vs HYLD-U.TO
CNYE.TO	Harvest Coinbase Enhanced High Income Shares ETF	Derivative Income	4	-30.37%	—	Mar 2025	EMAX.TO vs CNYE.TO
JEPI.TO	JPMorgan US Equity Premium Income Active ETF	Derivative Income	28	1.48%	—	Sep 2024	EMAX.TO vs JEPI.TO
EQCL.TO	Global X Enhanced All-Equity Asset Allocation Cove...	Derivative Income	78	12.75%	62.65M	Oct 2023	EMAX.TO vs EQCL.TO
NVHE.TO	Harvest NVIDIA Enhanced High Income Shares ETF	Derivative Income	53	19.13%	246.25M	Aug 2024	EMAX.TO vs NVHE.TO
CANY.TO	Evolve Canadian Equity UltraYield ETF	Derivative Income, Canada Equities	—	10.38%	—	Sep 2025	EMAX.TO vs CANY.TO
AVGY.TO	Harvest Broadcom Enhanced High Income Shares ETF -...	Derivative Income	65	42.92%	—	Mar 2025	EMAX.TO vs AVGY.TO
GOGY.TO	Harvest Alphabet Enhanced High Income Shares ETF C...	Derivative Income	93	14.33%	—	Mar 2025	EMAX.TO vs GOGY.TO
DXQ.TO	Dynamic Active Enhanced Yield Covered Options ETF	Derivative Income	65	6.80%	—	Sep 2022	EMAX.TO vs DXQ.TO
JEPQ.TO	JPMorgan Nasdaq Equity Premium Income Active ETF	Nasdaq-100, Derivative Income	78	11.09%	136.22M	Sep 2024	EMAX.TO vs JEPQ.TO
ECHI.TO	Ninepoint Enhanced Canadian HighShares ETF	Derivative Income	—	16.77%	—	Aug 2025	EMAX.TO vs ECHI.TO
HDIF.TO	Harvest Diversified Monthly Income ETF - Class A U...	Derivative Income	68	11.54%	536.54M	Feb 2022	EMAX.TO vs HDIF.TO
SMAX.TO	Hamilton U.S. Equity YIELD MAXIMIZER ETF	Derivative Income	94	18.79%	1.07B	Oct 2023	EMAX.TO vs SMAX.TO
HHIS.TO	Harvest Diversified High Income Shares ETF	Derivative Income	32	9.32%	1.82B	Jan 2025	EMAX.TO vs HHIS.TO

Compare EMAX.TO with Any Fund or Stock

Compare EMAX.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

Pair EMAX.TO with funds that move differently

Hamilton Energy YIELD MAXIMIZER ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EMAX.TO.

Explore EMAX.TO Diversifiers

Hamilton Energy YIELD MAXIMIZER ETF (EMAX.TO) Alternatives