Hamilton Enhanced U.S. Equity DayMAX™ ETF (SDAY.NEO) Alternatives

Hamilton Enhanced U.S. Equity DayMAX™ ETF (SDAY.NEO) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SDAY.NEO. 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 SDAY.NEO

SDAY.NEO charges 0.85% annually. Among ETFs in the Derivative Income category, these options have the lowest expense ratios among SDAY.NEO alternatives.

Symbol	Name	Expense Ratio	Inception
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	0.04%	Jul 5, 2023	SDAY.NEO vs USCL.TO
EQLI.TO	Invesco S&P 500 Equal Weight Income Advantage ETF	0.29%	Nov 6, 2025	SDAY.NEO vs EQLI.TO
ECHI.TO	Ninepoint Enhanced Canadian HighShares ETF	0.29%	Aug 22, 2025	SDAY.NEO vs ECHI.TO
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	0.35%	Sep 12, 2024	SDAY.NEO vs HBIL.TO
JEPI.TO	JPMorgan US Equity Premium Income Active ETF	0.35%	Sep 27, 2024	SDAY.NEO vs JEPI.TO

Best Risk-Adjusted Alternatives to SDAY.NEO

Among ETFs in the Derivative Income 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
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	97	Jun 8, 2022	SDAY.NEO vs HLIF.TO
BKCC.TO	Global X Equal Weight Canadian Bank Covered Call E...	97	May 16, 2011	SDAY.NEO vs BKCC.TO
BKCL.TO	Global X Enhanced Equal Weight Canadian Banks Cove...	96	Jul 5, 2023	SDAY.NEO vs BKCL.TO
ZWC.TO	BMO CA High Dividend Covered Call ETF	96	Feb 3, 2017	SDAY.NEO vs ZWC.TO
BANK.TO	Evolve Canadian Banks and Lifecos Enhanced Yield I...	96	Feb 1, 2022	SDAY.NEO vs BANK.TO

Top Performing SDAY.NEO Alternatives (YTD)

SDAY.NEO alternatives from the Derivative Income category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
EMAX.TO	Hamilton Energy YIELD MAXIMIZER ETF	31.32%	Feb 6, 2024	SDAY.NEO vs EMAX.TO
ENCL.TO	Global X Enhanced Canadian Oil and Gas Equity Cove...	30.98%	Oct 10, 2023	SDAY.NEO vs ENCL.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	21.92%	Apr 11, 2011	SDAY.NEO vs ENCC.TO
HUTE.TO	Harvest Equal Weight Global Utilities Enhanced Inc...	12.55%	Oct 25, 2022	SDAY.NEO vs HUTE.TO
ZWU.TO	BMO Covered Call Utilities ETF	11.68%	Oct 20, 2011	SDAY.NEO vs ZWU.TO

Lowest Volatility Alternatives to SDAY.NEO

SDAY.NEO alternatives from the Derivative Income category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	1.86%	Sep 12, 2024	SDAY.NEO vs HBIL.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	7.81%	Jun 14, 2023	SDAY.NEO vs UMAX.TO
ZWU.TO	BMO Covered Call Utilities ETF	9.12%	Oct 20, 2011	SDAY.NEO vs ZWU.TO
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	9.54%	Jun 8, 2022	SDAY.NEO vs HLIF.TO
HPYT.TO	Harvest Premium Yield Treasury ETF A	9.62%	May 30, 2024	SDAY.NEO vs HPYT.TO

Lowest Drawdown Alternatives to SDAY.NEO

SDAY.NEO alternatives from the Derivative Income category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	-1.30%	Sep 12, 2024	SDAY.NEO vs HBIL.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	-6.23%	Jun 14, 2023	SDAY.NEO vs UMAX.TO
ZWU.TO	BMO Covered Call Utilities ETF	-6.71%	Oct 20, 2011	SDAY.NEO vs ZWU.TO
BKCC.TO	Global X Equal Weight Canadian Bank Covered Call E...	-7.71%	May 16, 2011	SDAY.NEO vs BKCC.TO
HPYT.TO	Harvest Premium Yield Treasury ETF A	-7.76%	May 30, 2024	SDAY.NEO vs HPYT.TO

Other ETFs from Hamilton Capital

Most popular Hamilton Capital ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
HDIV.TO	Hamilton Enhanced Multi-Sector Covered Call ETF	Derivative Income	92	3.20%	Jul 19, 2021	SDAY.NEO vs HDIV.TO
HMAX.TO	Hamilton Canadian Financials YIELD MAXIMIZER ETF	Derivative Income	93	-3.41%	Jan 20, 2023	SDAY.NEO vs HMAX.TO
HYLD.TO	Hamilton Enhanced U.S. Covered Call ETF	Derivative Income	57	-8.12%	Feb 4, 2022	SDAY.NEO vs HYLD.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	Leveraged Equities	98	1.59%	Oct 14, 2020	SDAY.NEO vs HCAL.TO
QMAX.TO	Hamilton Technology YIELD MAXIMIZER ETF	Technology Equities, Derivative Income	27	-15.25%	Oct 25, 2023	SDAY.NEO vs QMAX.TO
CDAY.NEO	Hamilton Enhanced Canadian Equity DayMAX ETF	Derivative Income, Canada Equities	—	3.53%	Jul 14, 2025	SDAY.NEO vs CDAY.NEO
QDAY.NEO	Hamilton EnhancedTechnology DayMAX™ ETF	Derivative Income	—	-13.08%	Jul 14, 2025	SDAY.NEO vs QDAY.NEO
AMAX.TO	Hamilton Gold Producer YIELD MAXIMIZER ETF	Gold, Derivative Income	84	4.61%	Feb 6, 2024	SDAY.NEO vs AMAX.TO
CMVP.TO	HAMILTON CHAMPIONS Canadian Dividend Index ETF Cla...	Canada Equities	95	7.10%	Jan 24, 2025	SDAY.NEO vs CMVP.TO
SMAX.TO	Hamilton U.S. Equity YIELD MAXIMIZER ETF	Derivative Income	71	-2.43%	Oct 25, 2023	SDAY.NEO vs SMAX.TO

Often Compared With SDAY.NEO

What investors most often compare with SDAY.NEO, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	52	12.79%	Oct 20, 2011	SDAY.NEO vs SCHD
QQQ	Invesco QQQ ETF	Large Cap Growth Equities	69	-5.93%	Mar 10, 1999	SDAY.NEO vs QQQ
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	48	-3.12%	Nov 2, 2012	SDAY.NEO vs VFV.TO
SMVP.TO	HAMILTON CHAMPIONS U.S. Dividend Index ETF (CAD He...	Large Cap Blend Equities	32	5.52%	Jan 24, 2025	SDAY.NEO vs SMVP.TO
BIGY.TO	Evolve US Equity UltraYield ETF	Large Cap Blend Equities	—	-19.53%	Sep 9, 2025	SDAY.NEO vs BIGY.TO
XQQ.TO	iShares NASDAQ 100 Index ETF (CAD-Hedged)	Large Cap Growth Equities	63	-6.47%	May 3, 2011	SDAY.NEO vs XQQ.TO
SIXY.TO	Evolve Big Six Canadian Banks UltraYield Index ETF	Financials Equities	—	0.37%	Dec 1, 2025	SDAY.NEO vs SIXY.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	97	9.07%	Nov 2, 2012	SDAY.NEO vs VDY.TO
BMAX.TO	Brompton Enhanced Multi-Asset Income ETF	Diversified Portfolio	51	-2.51%	—	SDAY.NEO vs BMAX.TO
HEQT.TO	Horizons All-Equity Asset Allocation ETF	Global Equities	73	0.13%	Sep 13, 2019	SDAY.NEO vs HEQT.TO
XVLU.TO	iShares MSCI USA Value Factor Index ETF	Large Cap Value Equities	83	5.68%	Sep 4, 2019	SDAY.NEO vs XVLU.TO
ZWH.TO	BMO US High Dividend Covered Call ETF	Derivative Income	34	3.51%	Feb 9, 2014	SDAY.NEO vs ZWH.TO
QQQY.TO	Evolve NASDAQ Technology Enhanced Yield Index Fund	Derivative Income	66	-9.65%	Oct 6, 2025	SDAY.NEO vs QQQY.TO
ZWT.TO	BMO Covered Call Technology ETF	Technology Equities, Derivative Income	52	-7.50%	Jan 19, 2021	SDAY.NEO vs ZWT.TO
UTES.TO	Evolve Canadian Utilities Enhanced Yield Index Fun...	Derivative Income	89	9.57%	Sep 3, 2024	SDAY.NEO vs UTES.TO
HHIS.TO	Harvest Diversified High Income Shares ETF	Derivative Income	41	-14.58%	Jan 16, 2025	SDAY.NEO vs HHIS.TO
VT	Vanguard Total World Stock ETF	Global Equities	77	-1.71%	Jun 24, 2008	SDAY.NEO vs VT
VVL.TO	Vanguard Global Value Factor ETF CAD	Global Equities	72	3.80%	Jun 14, 2016	SDAY.NEO vs VVL.TO
VTV	Vanguard Value ETF	Large Cap Value Equities	67	3.30%	Jan 26, 2004	SDAY.NEO vs VTV
SPY	State Street SPDR S&P 500 ETF	S&P 500	64	-4.37%	Jan 22, 1993	SDAY.NEO vs SPY

Compare SDAY.NEO with Any Fund or Stock

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

Symbol name

Hamilton Enhanced U.S. Equity DayMAX™ ETF

Symbol name