LMAX.TO Alternatives & Similar ETFs

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

Cheapest Alternatives to LMAX.TO

LMAX.TO charges 0.65% annually. There are 2 ETFs in the Health & Biotech Equities category with lower expense ratios, going as low as 0.39%.

Symbol	Name	Expense Ratio	AUM	Inception
ZUH.TO	BMO Equal Weight US Health Care Hedged to CAD Inde...	0.39%	167.47M	May 2010	LMAX.TO vs ZUH.TO
XDNA.TO	iShares Genomics Immunology and Healthcare Index E...	0.44%	—	Apr 2022	LMAX.TO vs XDNA.TO
XHC.TO	iShares Global Healthcare Index ETF (CAD-Hedged)	0.66%	484.30M	Apr 2011	LMAX.TO vs XHC.TO
HHL.TO	Harvest Healthcare Leaders Income ETF	0.85%	1.85B	Mar 2020	LMAX.TO vs HHL.TO
HHLE.TO	Harvest Healthcare Leaders Enhanced Income ETF - C...	0.85%	102.46M	Oct 2022	LMAX.TO vs HHLE.TO

Best Risk-Adjusted Alternatives to LMAX.TO

LMAX.TO has a PortfoliosLab risk / return rank of 17. There are 3 ETFs in the Health & Biotech Equities category with higher risk-adjusted ranks, going as high as 59.

Symbol	Name	Risk / Return Rank	AUM	Inception
XDNA.TO	iShares Genomics Immunology and Healthcare Index E...	59	—	Apr 2022	LMAX.TO vs XDNA.TO
ZUH.TO	BMO Equal Weight US Health Care Hedged to CAD Inde...	18	167.47M	May 2010	LMAX.TO vs ZUH.TO
XHC.TO	iShares Global Healthcare Index ETF (CAD-Hedged)	17	484.30M	Apr 2011	LMAX.TO vs XHC.TO
HHL.TO	Harvest Healthcare Leaders Income ETF	13	1.85B	Mar 2020	LMAX.TO vs HHL.TO
HHLE.TO	Harvest Healthcare Leaders Enhanced Income ETF - C...	12	102.46M	Oct 2022	LMAX.TO vs HHLE.TO

Top Performing LMAX.TO Alternatives (YTD)

LMAX.TO is at -4.95% YTD. There are 2 ETFs in the Health & Biotech Equities category with higher YTD returns, going as high as 10.45%.

Symbol	Name	YTD Return	AUM	Inception
XDNA.TO	iShares Genomics Immunology and Healthcare Index E...	10.45%	—	Apr 2022	LMAX.TO vs XDNA.TO
ZUH.TO	BMO Equal Weight US Health Care Hedged to CAD Inde...	-3.50%	167.47M	May 2010	LMAX.TO vs ZUH.TO
XHC.TO	iShares Global Healthcare Index ETF (CAD-Hedged)	-5.65%	484.30M	Apr 2011	LMAX.TO vs XHC.TO
HHL.TO	Harvest Healthcare Leaders Income ETF	-8.20%	1.85B	Mar 2020	LMAX.TO vs HHL.TO
HHLE.TO	Harvest Healthcare Leaders Enhanced Income ETF - C...	-10.95%	102.46M	Oct 2022	LMAX.TO vs HHLE.TO

Lowest Volatility Alternatives to LMAX.TO

LMAX.TO has 13.23% 1-year volatility. No ETFs in the Health & Biotech Equities category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 14.34%.

Symbol	Name	Volatility 1Y	AUM	Inception
XHC.TO	iShares Global Healthcare Index ETF (CAD-Hedged)	14.34%	484.30M	Apr 2011	LMAX.TO vs XHC.TO
HHL.TO	Harvest Healthcare Leaders Income ETF	14.40%	1.85B	Mar 2020	LMAX.TO vs HHL.TO
ZUH.TO	BMO Equal Weight US Health Care Hedged to CAD Inde...	15.27%	167.47M	May 2010	LMAX.TO vs ZUH.TO
HHLE.TO	Harvest Healthcare Leaders Enhanced Income ETF - C...	18.44%	102.46M	Oct 2022	LMAX.TO vs HHLE.TO
XDNA.TO	iShares Genomics Immunology and Healthcare Index E...	24.71%	—	Apr 2022	LMAX.TO vs XDNA.TO

Lowest Drawdown Alternatives to LMAX.TO

LMAX.TO has a 1-year max drawdown of -12.16%. There are 3 ETFs in the Health & Biotech Equities category with shallower 1-year drawdowns, going as shallow as -8.64%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
XDNA.TO	iShares Genomics Immunology and Healthcare Index E...	-8.64%	—	Apr 2022	LMAX.TO vs XDNA.TO
XHC.TO	iShares Global Healthcare Index ETF (CAD-Hedged)	-10.79%	484.30M	Apr 2011	LMAX.TO vs XHC.TO
ZUH.TO	BMO Equal Weight US Health Care Hedged to CAD Inde...	-11.59%	167.47M	May 2010	LMAX.TO vs ZUH.TO
HHL.TO	Harvest Healthcare Leaders Income ETF	-12.88%	1.85B	Mar 2020	LMAX.TO vs HHL.TO
HHLE.TO	Harvest Healthcare Leaders Enhanced Income ETF - C...	-16.36%	102.46M	Oct 2022	LMAX.TO vs HHLE.TO

Other ETFs from Hamilton

The 10 most viewed Hamilton ETFs shown here include HCA.TO, QMVP.TO, HEB.TO and span 7 categories. AUM among these funds goes as high as $1B.

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	LMAX.TO vs HCA.TO
QMVP.TO	Hamilton Champions U.S. Technology Index ETF	Technology Equities	—	—	—	Jan 2026	LMAX.TO vs QMVP.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	Financials Equities	96	19.19%	1.27B	Apr 2023	LMAX.TO vs HEB.TO
CWIN.TO	HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...	Dividend	83	15.75%	—	Jan 2025	LMAX.TO vs CWIN.TO
MIX.TO	Hamilton Enhanced Mixed Asset ETF	Diversified Portfolio	63	8.17%	—	Apr 2025	LMAX.TO vs MIX.TO
HYLD-U.TO	Hamilton Enhanced U.S. Covered Call ETF (USD)	Derivative Income	73	15.12%	937.07M	Feb 2022	LMAX.TO vs HYLD-U.TO
HBA.TO	Hamilton Australian Bank Equal-Weight Index ETF	Financials Equities	15	-0.51%	132.00M	Jun 2020	LMAX.TO vs HBA.TO
FMAX.TO	Hamilton U.S. Financials Yield Maximizer ETF	Financials Equities	8	-8.06%	172.90M	Feb 2024	LMAX.TO vs FMAX.TO
UMVP.TO	Hamilton Champions Utilities Index ETF	Utilities Equities	—	—	—	Jan 2026	LMAX.TO vs UMVP.TO
HUTS.TO	Hamilton Enhanced Utilities ETF	Utilities Equities	92	18.77%	234.40M	Sep 2022	LMAX.TO vs HUTS.TO

Often Compared With LMAX.TO

Investors most often compare LMAX.TO with AVGY.TO, CMAX.TO. These 2 comparison targets span 1 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
AVGY.TO	Harvest Broadcom Enhanced High Income Shares ETF -...	Derivative Income	65	42.92%	—	Mar 2025	LMAX.TO vs AVGY.TO
CMAX.TO	Hamilton Canadian Equity YIELD MAXIMIZER ETF	Derivative Income	—	—	—	May 2026	LMAX.TO vs CMAX.TO

Compare LMAX.TO with Any Fund or Stock

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

Symbol name

Diversifiers

Pair LMAX.TO with funds that move differently

Hamilton Healthcare Yield Maximizer ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LMAX.TO.

Explore LMAX.TO Diversifiers

Hamilton Healthcare Yield Maximizer ETF (LMAX.TO) Alternatives