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%	125.85M	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
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	0.49%	261.16M	Nov 2024	EMAX.TO vs NRGY.TO
XBM.TO	iShares S&P/TSX Global Base Metals Index ETF	0.60%	595.84M	Apr 2011	EMAX.TO vs XBM.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	0.60%	2.38B	Mar 2001	EMAX.TO vs XEG.TO

Best Risk-Adjusted Alternatives to EMAX.TO

EMAX.TO has a PortfoliosLab risk / return rank of 64. There are 11 ETFs in the Energy Equities category with higher risk-adjusted ranks, going as high as 91.

Symbol	Name	Risk / Return Rank	AUM	Inception
PPLN.TO	Global X Equal Weight Canadian Pipelines Index ETF	91	—	Jul 2014	EMAX.TO vs PPLN.TO
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	91	261.16M	Nov 2024	EMAX.TO vs NRGY.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	89	381.83M	Oct 2009	EMAX.TO vs ZEO.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	89	714.60M	Apr 2011	EMAX.TO vs ENCC.TO
ENCL.TO	Global X Enhanced Canadian Oil and Gas Equity Cove...	88	271.10M	Oct 2023	EMAX.TO vs ENCL.TO

Top Performing EMAX.TO Alternatives (YTD)

EMAX.TO is at 27.45% YTD. There are 10 ETFs in the Energy Equities category with higher YTD returns, going as high as 38.48%.

Symbol	Name	YTD Return	AUM	Inception
NNRG.NEO	Ninepoint Energy ETF	38.48%	1.38B	May 2021	EMAX.TO vs NNRG.NEO
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	35.97%	261.16M	Nov 2024	EMAX.TO vs NRGY.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	35.88%	381.83M	Oct 2009	EMAX.TO vs ZEO.TO
HXE.TO	Global X S&P/TSX Capped Energy Index Corporate Cla...	35.84%	125.85M	Sep 2013	EMAX.TO vs HXE.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	35.66%	2.38B	Mar 2001	EMAX.TO vs XEG.TO

Lowest Volatility Alternatives to EMAX.TO

EMAX.TO has 20.06% 1-year volatility. There are 7 ETFs in the Energy Equities category with lower 1-year volatility, going as low as 15.13%.

Symbol	Name	Volatility 1Y	AUM	Inception
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	15.13%	714.60M	Apr 2011	EMAX.TO vs ENCC.TO
PPLN.TO	Global X Equal Weight Canadian Pipelines Index ETF	15.26%	—	Jul 2014	EMAX.TO vs PPLN.TO
CIF.TO	iShares Global Infrastructure Index ETF	15.67%	1.60B	Aug 2008	EMAX.TO vs CIF.TO
ZWEN.TO	BMO Covered Call Energy ETF	17.24%	130.82M	Jan 2023	EMAX.TO vs ZWEN.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	17.85%	381.83M	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 7 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%	714.60M	Apr 2011	EMAX.TO vs ENCC.TO
CIF.TO	iShares Global Infrastructure Index ETF	-9.49%	1.60B	Aug 2008	EMAX.TO vs CIF.TO
ZWEN.TO	BMO Covered Call Energy ETF	-9.50%	130.82M	Jan 2023	EMAX.TO vs ZWEN.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	-9.88%	381.83M	Oct 2009	EMAX.TO vs ZEO.TO
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	-10.16%	261.16M	Nov 2024	EMAX.TO vs NRGY.TO

Other ETFs from Hamilton Capital

The 10 most viewed Hamilton Capital ETFs shown here include HMAX.TO, HYLD.TO, HCAL.TO and span 8 categories. AUM among these funds goes as high as $3B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
HMAX.TO	Hamilton Canadian Financials Yield Maximizer ETF	Derivative Income	96	20.57%	2.53B	Jan 2023	EMAX.TO vs HMAX.TO
HYLD.TO	Hamilton Enhanced U.S. Covered Call ETF	Derivative Income	75	15.42%	1.32B	Feb 2022	EMAX.TO vs HYLD.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	Financials Equities, Canada Equities, Leveraged Equities	98	43.53%	1.09B	Oct 2020	EMAX.TO vs HCAL.TO
QDAY.NEO	Hamilton EnhancedTechnology DayMAX™ ETF	Derivative Income	66	29.09%	—	Jul 2025	EMAX.TO vs QDAY.NEO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	Derivative Income, Utilities Equities	73	9.82%	1.41B	Jun 2023	EMAX.TO vs UMAX.TO
CDAY.NEO	Hamilton Enhanced Canadian Equity DayMAX ETF	Derivative Income, Canada Equities	—	19.06%	242.10M	Jul 2025	EMAX.TO vs CDAY.NEO
QMAX.TO	Hamilton Technology YIELD MAXIMIZER ETF	Technology Equities, Derivative Income	44	20.32%	991.10M	Oct 2023	EMAX.TO vs QMAX.TO
AMAX.TO	Hamilton Gold Producer YIELD MAXIMIZER ETF	Gold, Derivative Income, Precious Metals	25	-12.33%	468.60M	Feb 2024	EMAX.TO vs AMAX.TO
CMVP.TO	HAMILTON CHAMPIONS Canadian Dividend Index ETF Cla...	Canada Equities	94	17.77%	—	Jan 2025	EMAX.TO vs CMVP.TO
SDAY.NEO	Hamilton Enhanced U.S. Equity DayMAX™ ETF	Derivative Income	64	14.84%	0.00	Jul 2025	EMAX.TO vs SDAY.NEO

Often Compared With EMAX.TO

Investors most often compare EMAX.TO with HDIV.TO, GLCC.TO, MSTE.TO. These 20 comparison targets span 8 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	95	19.65%	1.74B	Jul 2021	EMAX.TO vs HDIV.TO
GLCC.TO	Global X Gold Producer Equity Covered Call ETF	Derivative Income, Gold, Precious Metals	31	-10.57%	574.94M	Apr 2011	EMAX.TO vs GLCC.TO
MSTE.TO	Harvest Strategy Inc. Enhanced High Income Shares ...	Derivative Income	1	-41.39%	297.99M	Mar 2025	EMAX.TO vs MSTE.TO
OILY.TO	Evolve Canadian Energy Enhanced Yield Index Fund E...	Energy Equities	72	31.00%	—	Mar 2025	EMAX.TO vs OILY.TO
HYLD-U.TO	Hamilton Enhanced U.S. Covered Call ETF (USD)	Derivative Income	79	17.05%	931.81M	Feb 2022	EMAX.TO vs HYLD-U.TO
UTES.TO	Evolve Canadian Utilities Enhanced Yield Index Fun...	Derivative Income	75	12.01%	431.22M	Sep 2024	EMAX.TO vs UTES.TO
EQCL.TO	Global X Enhanced All-Equity Asset Allocation Cove...	Derivative Income	85	15.35%	66.30M	Oct 2023	EMAX.TO vs EQCL.TO
XLE	State Street Energy Select Sector SPDR ETF	Energy Equities	54	29.13%	36.33B	Dec 1998	EMAX.TO vs XLE
NVHE.TO	Harvest NVIDIA Enhanced High Income Shares ETF	Derivative Income	43	20.91%	268.36M	Aug 2024	EMAX.TO vs NVHE.TO
CNYE.TO	Harvest Coinbase Enhanced High Income Shares ETF	Derivative Income	2	-29.59%	—	Mar 2025	EMAX.TO vs CNYE.TO
JEPI.TO	JPMorgan US Equity Premium Income Active ETF	Derivative Income	40	5.61%	—	Sep 2024	EMAX.TO vs JEPI.TO
CANY.TO	Evolve Canadian Equity UltraYield ETF	Derivative Income, Canada Equities	—	14.73%	—	Sep 2025	EMAX.TO vs CANY.TO
AVGY.TO	Harvest Broadcom Enhanced High Income Shares ETF -...	Derivative Income	41	19.18%	—	Mar 2025	EMAX.TO vs AVGY.TO
GOGY.TO	Harvest Alphabet Enhanced High Income Shares ETF C...	Derivative Income	94	17.30%	—	Mar 2025	EMAX.TO vs GOGY.TO
DXQ.TO	Dynamic Active Enhanced Yield Covered Options ETF	Derivative Income	73	8.79%	—	Sep 2022	EMAX.TO vs DXQ.TO
ZMT.TO	BMO S&P/TSX Equal Weight Global Base Metals (CAD H...	Materials, Equal Weight	55	19.77%	79.93M	Oct 2009	EMAX.TO vs ZMT.TO
HDIF.TO	Harvest Diversified Monthly Income ETF - Class A U...	Derivative Income	73	13.08%	555.21M	Feb 2022	EMAX.TO vs HDIF.TO
ECHI.TO	Ninepoint Enhanced Canadian HighShares ETF	Derivative Income	—	15.06%	—	Aug 2025	EMAX.TO vs ECHI.TO
JEPQ.TO	JPMorgan Nasdaq Equity Premium Income Active ETF	Nasdaq-100, Derivative Income	76	12.50%	136.22M	Sep 2024	EMAX.TO vs JEPQ.TO
SMAX.TO	Hamilton U.S. Equity YIELD MAXIMIZER ETF	Derivative Income	92	18.06%	1.10B	Oct 2023	EMAX.TO vs SMAX.TO

Compare EMAX.TO with Any Fund or Stock

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

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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.

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Hamilton Energy YIELD MAXIMIZER ETF (EMAX.TO) Alternatives