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BMAX.TO vs. HISF
Performance
Return for Risk
Drawdowns
Volatility
Dividends

BMAX.TO vs. HISF

Last updated Jun 4, 2026

BMAX.TO (Brompton Enhanced Multi-Asset Income ETF) and HISF (First Trust High Income Strategic Focus ETF) are both Diversified Portfolio funds. Over the past year, BMAX.TO returned 22.18% vs 7.11% for HISF. At a correlation of -0.02, they often move in opposite directions. BMAX.TO charges 2.62%/yr vs 0.87%/yr for HISF.

Performance

BMAX.TO vs. HISF - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Brompton Enhanced Multi-Asset Income ETF (BMAX.TO) and First Trust High Income Strategic Focus ETF (HISF). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

BMAX.TO is traded in CAD, while HISF is traded in USD. To make them comparable, the HISF values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, BMAX.TO achieves a 9.27% return, which is significantly higher than HISF's 1.30% return.

BMAX.TO

1D
-0.03%
1M
4.64%
YTD
9.27%
6M
9.79%
1Y
22.18%
3Y*
18.63%
5Y*
—
10Y*
—

HISF

1D
0.20%
1M
2.26%
YTD
1.30%
6M
-0.16%
1Y
7.11%
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

BMAX.TO vs. HISF - Yearly Performance Comparison

2026 (YTD)20252024
BMAX.TO
Brompton Enhanced Multi-Asset Income ETF		9.27%17.88%12.51%
HISF
First Trust High Income Strategic Focus ETF		1.30%3.42%9.42%

Correlation

The correlation between BMAX.TO and HISF is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.06

Correlation (All Time)
Calculated using the full available price history since Feb 29, 2024

-0.02

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Brompton Enhanced Multi-Asset Income ETF

First Trust High Income Strategic Focus ETF

Often compared with BMAX.TO:
BMAX.TO vs. HDIV.TOBMAX.TO vs. UTES.TOBMAX.TO vs. ZWQT.TOBMAX.TO vs. CLSA.TOBMAX.TO vs. BANK.TOBMAX.TO vs. HUTE.TOBMAX.TO vs. SPLT.TO
Often compared with HISF:
HISF vs. LDSFHISF vs. SGOVHISF vs. VRIGHISF vs. NVOHISF vs. MDIVHISF vs. VTIHISF vs. DYLD

Return for Risk

BMAX.TO vs. HISF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BMAX.TO
BMAX.TO Risk / Return Rank: 5959
Overall Rank
BMAX.TO Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
BMAX.TO Sortino Ratio Rank: 6363
Sortino Ratio Rank
BMAX.TO Omega Ratio Rank: 6262
Omega Ratio Rank
BMAX.TO Calmar Ratio Rank: 4848
Calmar Ratio Rank
BMAX.TO Martin Ratio Rank: 5959
Martin Ratio Rank
HISF
HISF Risk / Return Rank: 4848
Overall Rank
HISF Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
HISF Sortino Ratio Rank: 5353
Sortino Ratio Rank
HISF Omega Ratio Rank: 5252
Omega Ratio Rank
HISF Calmar Ratio Rank: 4040
Calmar Ratio Rank
HISF Martin Ratio Rank: 4444
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BMAX.TO vs. HISF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brompton Enhanced Multi-Asset Income ETF (BMAX.TO) and First Trust High Income Strategic Focus ETF (HISF). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

BMAX.TOHISFDifference
Sharpe ratioReturn per unit of total volatility
2.10
1.43

+0.66

Sortino ratioReturn per unit of downside risk
3.01
2.02

+0.98

Omega ratioGain probability vs. loss probability

1.38

1.26

+0.13

Calmar ratioReturn relative to maximum drawdown

2.38

1.91

+0.47

Martin ratioReturn relative to average drawdown

10.46

4.22

+6.24

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BMAX.TO vs. HISF - Sharpe Ratio Comparison

The current BMAX.TO Sharpe Ratio is 2.10, which is higher than the HISF Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of BMAX.TO and HISF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

BMAX.TOHISFDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.10

1.43

+0.66

Sharpe Ratio (All Time)

Calculated using the full available price history

1.38

1.13

+0.25

Drawdowns

BMAX.TO vs. HISF - Drawdown Comparison

The maximum BMAX.TO drawdown since its inception was -15.42%, which is greater than HISF's maximum drawdown of -6.43%. Use the drawdown chart below to compare losses from any high point for BMAX.TO and HISF.

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Drawdown Indicators

BMAX.TOHISFDifference

Max Drawdown

Largest peak-to-trough decline

-15.42%

-6.43%

-8.99%

Max Drawdown (1Y)

Largest decline over 1 year

-9.35%

-3.73%

-5.62%

Max Drawdown (3Y)

Largest decline over 3 years

-15.42%

—

—

Current Drawdown

Current decline from peak

-0.96%

-1.11%

+0.15%

Average Drawdown

Average peak-to-trough decline

-1.90%

-1.62%

-0.28%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.13%

1.69%

+0.44%

Volatility

BMAX.TO vs. HISF - Volatility Comparison

Brompton Enhanced Multi-Asset Income ETF (BMAX.TO) has a higher volatility of 3.27% compared to First Trust High Income Strategic Focus ETF (HISF) at 1.29%. This indicates that BMAX.TO's price experiences larger fluctuations and is considered to be riskier than HISF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

BMAX.TOHISFDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.27%

1.29%

+1.98%

Volatility (6M)

Calculated over the trailing 6-month period

8.81%

4.04%

+4.77%

Volatility (1Y)

Calculated over the trailing 1-year period

10.62%

4.98%

+5.64%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.13%

5.57%

+7.56%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.13%

5.57%

+7.56%

BMAX.TO vs. HISF - Expense Ratio Comparison

BMAX.TO has a 2.62% expense ratio, which is higher than HISF's 0.87% expense ratio.

Dividends

BMAX.TO vs. HISF - Dividend Comparison

BMAX.TO's dividend yield for the trailing twelve months is around 9.59%, more than HISF's 5.00% yield.

PositionTTM2025202420232022
BMAX.TO
Brompton Enhanced Multi-Asset Income ETF		9.59%9.70%9.64%9.55%2.41%
HISF
First Trust High Income Strategic Focus ETF		5.00%4.69%3.92%0.00%0.00%

Frequently Asked Questions

BMAX.TO and HISF have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, HISF is cheaper at 0.87% per year. The better choice depends on whether you care most about return, fees, risk, or income.

HISF is cheaper with a 0.87% expense ratio, compared with 2.62% for BMAX.TO.

They also come from different issuers: Brompton Funds and First Trust. Their fees differ too: 2.62% for BMAX.TO and 0.87% for HISF.

Portfolio Optimizer

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