FMAX.TO Alternatives & Similar ETFs

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 a closer substitute for your current allocation.

Cheapest Alternatives to FMAX.TO

FMAX.TO charges 1.07% annually. There are 13 ETFs in the Financials Equities category with lower expense ratios, going as low as 0.09%.

Symbol	Name	Expense Ratio	AUM	Inception
HBNK.TO	Global X Equal Weight Banks Index ETF	0.09%	—	Jul 2023	FMAX.TO vs HBNK.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	0.19%	1.27B	Apr 2023	FMAX.TO vs HEB.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	0.25%	5.16B	Oct 2009	FMAX.TO vs ZEB.TO
XUSF.TO	iShares S&P U.S. Financials Index ETF	0.25%	—	Sep 2023	FMAX.TO vs XUSF.TO
HXF.TO	Global X S&P/TSX Capped Financials Index Corporate...	0.25%	121.72M	Sep 2013	FMAX.TO vs HXF.TO

Best Risk-Adjusted Alternatives to FMAX.TO

FMAX.TO has a PortfoliosLab risk / return rank of 8. There are 18 ETFs in the Financials Equities category with higher risk-adjusted ranks, going as high as 96.

Symbol	Name	Risk / Return Rank	AUM	Inception
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	96	—	Feb 2022	FMAX.TO vs CBNK.TO
BNKL.TO	Global X Enhanced Equal Weight Banks Index ETF	96	—	Jul 2023	FMAX.TO vs BNKL.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	96	5.16B	Oct 2009	FMAX.TO vs ZEB.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	96	—	Jul 2023	FMAX.TO vs HBNK.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	96	1.27B	Apr 2023	FMAX.TO vs HEB.TO

Top Performing FMAX.TO Alternatives (YTD)

FMAX.TO is at -8.06% YTD. There are 19 ETFs in the Financials Equities category with higher YTD returns, going as high as 25.56%.

Symbol	Name	YTD Return	AUM	Inception
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	25.56%	—	Feb 2022	FMAX.TO vs CBNK.TO
CFOU.TO	BetaPro S&P/TSX Capped Financials 2x Daily Bull ET...	23.22%	77.00M	Jun 2007	FMAX.TO vs CFOU.TO
BNKL.TO	Global X Enhanced Equal Weight Banks Index ETF	20.92%	—	Jul 2023	FMAX.TO vs BNKL.TO
RBNK.TO	RBC Canadian Bank Yield Index ETF	19.94%	454.41M	Oct 2017	FMAX.TO vs RBNK.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	19.22%	5.16B	Oct 2009	FMAX.TO vs ZEB.TO

Lowest Volatility Alternatives to FMAX.TO

FMAX.TO has 14.27% 1-year volatility. There are 11 ETFs in the Financials Equities category with lower 1-year volatility, going as low as 11.26%.

Symbol	Name	Volatility 1Y	AUM	Inception
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	11.26%	423.04M	Aug 2010	FMAX.TO vs CIC.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	11.31%	4.34B	Jan 2024	FMAX.TO vs ZWB.TO
CEW.TO	iShares Equal Weight Banc & Lifeco ETF	11.61%	381.54M	Feb 2008	FMAX.TO vs CEW.TO
XFN.TO	iShares S&P/TSX Capped Financials Index ETF	12.07%	2.24B	Mar 2001	FMAX.TO vs XFN.TO
BKCL.TO	Global X Enhanced Equal Weight Canadian Banks Cove...	12.59%	187.53M	Jul 2023	FMAX.TO vs BKCL.TO

Lowest Drawdown Alternatives to FMAX.TO

FMAX.TO has a 1-year max drawdown of -15.83%. There are 17 ETFs in the Financials Equities category with shallower 1-year drawdowns, going as shallow as -7.13%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
CEW.TO	iShares Equal Weight Banc & Lifeco ETF	-7.13%	381.54M	Feb 2008	FMAX.TO vs CEW.TO
XFN.TO	iShares S&P/TSX Capped Financials Index ETF	-7.80%	2.24B	Mar 2001	FMAX.TO vs XFN.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	-7.82%	4.34B	Jan 2024	FMAX.TO vs ZWB.TO
HXF.TO	Global X S&P/TSX Capped Financials Index Corporate...	-7.94%	121.72M	Sep 2013	FMAX.TO vs HXF.TO
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	-8.23%	423.04M	Aug 2010	FMAX.TO vs CIC.TO

Other ETFs from Hamilton

The 10 most viewed Hamilton ETFs shown here include HCA.TO, LMAX.TO, QMVP.TO and span 8 categories. AUM among these funds goes as high as $937M.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
HCA.TO	Hamilton Canadian Bank Mean Reversion Index ETF	Canada Equities	96	19.58%	96.00M	Jun 2020	FMAX.TO vs HCA.TO
LMAX.TO	Hamilton Healthcare Yield Maximizer ETF	Health & Biotech Equities	17	-4.95%	199.50M	Feb 2024	FMAX.TO vs LMAX.TO
QMVP.TO	Hamilton Champions U.S. Technology Index ETF	Technology Equities	—	—	—	Jan 2026	FMAX.TO vs QMVP.TO
CWIN.TO	HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...	Dividend	83	15.75%	—	Jan 2025	FMAX.TO vs CWIN.TO
MIX.TO	Hamilton Enhanced Mixed Asset ETF	Diversified Portfolio	63	8.17%	—	Apr 2025	FMAX.TO vs MIX.TO
HYLD-U.TO	Hamilton Enhanced U.S. Covered Call ETF (USD)	Derivative Income	73	15.12%	937.07M	Feb 2022	FMAX.TO vs HYLD-U.TO
HBA.TO	Hamilton Australian Bank Equal-Weight Index ETF	Financials Equities	15	-0.51%	132.00M	Jun 2020	FMAX.TO vs HBA.TO
UMVP.TO	Hamilton Champions Utilities Index ETF	Utilities Equities	—	—	—	Jan 2026	FMAX.TO vs UMVP.TO
HUTS.TO	Hamilton Enhanced Utilities ETF	Utilities Equities	92	18.77%	234.40M	Sep 2022	FMAX.TO vs HUTS.TO
CMAX.TO	Hamilton Canadian Equity YIELD MAXIMIZER ETF	Derivative Income	—	—	—	May 2026	FMAX.TO vs CMAX.TO

Often Compared With FMAX.TO

Investors most often compare FMAX.TO with HMAX.TO, SMAX.TO. These 2 comparison targets span 1 categories, based on PortfoliosLab usage data.

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	FMAX.TO vs HMAX.TO
SMAX.TO	Hamilton U.S. Equity YIELD MAXIMIZER ETF	Derivative Income	94	18.79%	1.07B	Oct 2023	FMAX.TO vs SMAX.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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Diversifiers

Pair FMAX.TO with funds that move differently

Hamilton U.S. Financials Yield Maximizer ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FMAX.TO.

Explore FMAX.TO Diversifiers

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