Hamilton U.S. Financials Yield Maximizer ETF (FMAX.TO) Alternatives

Hamilton U.S. Financials Yield Maximizer ETF (FMAX.TO) belongs to the Financials Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FMAX.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to FMAX.TO

FMAX.TO charges 1.07% annually. Among ETFs in the Financials Equities category, these options have the lowest expense ratios among FMAX.TO alternatives.

Symbol	Name	Expense Ratio	Inception
HBNK.TO	Global X Equal Weight Banks Index ETF	0.09%	Jul 5, 2023	FMAX.TO vs HBNK.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	0.19%	Apr 3, 2023	FMAX.TO vs HEB.TO
HXF.TO	Global X S&P/TSX Capped Financials Index Corporate...	0.25%	Sep 16, 2013	FMAX.TO vs HXF.TO
XUSF.TO	iShares S&P U.S. Financials Index ETF	0.25%	Sep 6, 2023	FMAX.TO vs XUSF.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	0.25%	Oct 19, 2009	FMAX.TO vs ZEB.TO

Best Risk-Adjusted Alternatives to FMAX.TO

Among ETFs in the Financials Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
ZEB.TO	BMO Equal Weight Banks Index ETF	98	Oct 19, 2009	FMAX.TO vs ZEB.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	98	Jul 5, 2023	FMAX.TO vs HBNK.TO
BNKL.TO	Global X Enhanced Equal Weight Banks Index ETF	98	Jul 5, 2023	FMAX.TO vs BNKL.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	98	Apr 3, 2023	FMAX.TO vs HEB.TO
RBNK.TO	RBC Canadian Bank Yield Index ETF	98	Oct 19, 2017	FMAX.TO vs RBNK.TO

Top Performing FMAX.TO Alternatives (YTD)

FMAX.TO alternatives from the Financials Equities category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
RBNK.TO	RBC Canadian Bank Yield Index ETF	1.94%	Oct 19, 2017	FMAX.TO vs RBNK.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	1.92%	Oct 19, 2009	FMAX.TO vs ZEB.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	1.67%	Jul 5, 2023	FMAX.TO vs HBNK.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	1.58%	Apr 3, 2023	FMAX.TO vs HEB.TO
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	1.51%	Aug 18, 2010	FMAX.TO vs CIC.TO

Lowest Volatility Alternatives to FMAX.TO

FMAX.TO alternatives from the Financials Equities category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
ZWB.TO	BMO Covered Call Canadian Banks ETF	12.37%	Jan 9, 2024	FMAX.TO vs ZWB.TO
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	12.48%	Aug 18, 2010	FMAX.TO vs CIC.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	13.34%	Oct 19, 2009	FMAX.TO vs ZEB.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	13.46%	Jul 5, 2023	FMAX.TO vs HBNK.TO
CEW.TO	iShares Equal Weight Banc & Lifeco ETF	13.49%	Feb 6, 2008	FMAX.TO vs CEW.TO

Lowest Drawdown Alternatives to FMAX.TO

FMAX.TO alternatives from the Financials Equities category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
ZWB.TO	BMO Covered Call Canadian Banks ETF	-8.10%	Jan 9, 2024	FMAX.TO vs ZWB.TO
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	-8.23%	Aug 18, 2010	FMAX.TO vs CIC.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	-8.44%	Oct 19, 2009	FMAX.TO vs ZEB.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	-8.48%	Jul 5, 2023	FMAX.TO vs HBNK.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	-8.86%	Apr 3, 2023	FMAX.TO vs HEB.TO

Other ETFs from Hamilton

Most popular Hamilton ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
HCA.TO	Hamilton Canadian Bank Mean Reversion Index ETF	Canada Equities	98	-0.14%	Jun 26, 2020	FMAX.TO vs HCA.TO
MIX.TO	Hamilton Enhanced Mixed Asset ETF	Diversified Portfolio	—	-1.88%	Apr 25, 2025	FMAX.TO vs MIX.TO
CWIN.TO	HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...	Dividend	92	7.09%	Jan 27, 2025	FMAX.TO vs CWIN.TO
HBA.TO	Hamilton Australian Bank Equal-Weight Index ETF	Financials Equities	54	0.36%	Jun 26, 2020	FMAX.TO vs HBA.TO
HYLD-U.TO	Hamilton Enhanced U.S. Covered Call ETF (USD)	Derivative Income	46	-7.72%	Feb 4, 2022	FMAX.TO vs HYLD-U.TO
QMVP.TO	Hamilton Champions U.S. Technology Index ETF	Technology Equities	—	—	Jan 20, 2026	FMAX.TO vs QMVP.TO
LMAX.TO	Hamilton Healthcare Yield Maximizer ETF	Health & Biotech Equities	8	-3.55%	Feb 6, 2024	FMAX.TO vs LMAX.TO

Often Compared With FMAX.TO

What investors most often compare with FMAX.TO, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
HMAX.TO	Hamilton Canadian Financials YIELD MAXIMIZER ETF	Derivative Income	93	-3.41%	Jan 20, 2023	FMAX.TO vs HMAX.TO

Compare FMAX.TO with Any Fund or Stock

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

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Hamilton U.S. Financials Yield Maximizer ETF

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