CDAY.NEO vs. SDAY.NEO

Last updated Apr 2, 2026

Compare and contrast key facts about Hamilton Enhanced Canadian Equity DayMAX ETF (CDAY.NEO) and Hamilton Enhanced U.S. Equity DayMAX™ ETF (SDAY.NEO).

CDAY.NEO and SDAY.NEO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CDAY.NEO is an actively managed fund by Hamilton Capital. It was launched on Jul 14, 2025. SDAY.NEO is an actively managed fund by Hamilton Capital. It was launched on Jul 14, 2025.

Performance

CDAY.NEO vs. SDAY.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Hamilton Enhanced Canadian Equity DayMAX ETF (CDAY.NEO) and Hamilton Enhanced U.S. Equity DayMAX™ ETF (SDAY.NEO). The values are adjusted to include any dividend payments, if applicable.

CDAY.NEO vs. SDAY.NEO - Yearly Performance Comparison

	2026 (YTD)	2025
CDAY.NEO Hamilton Enhanced Canadian Equity DayMAX ETF	6.23%	14.92%
SDAY.NEO Hamilton Enhanced U.S. Equity DayMAX™ ETF	5.24%	5.49%

Returns By Period

In the year-to-date period, CDAY.NEO achieves a 6.23% return, which is significantly higher than SDAY.NEO's 5.24% return.

CDAY.NEO

• 1D: 0.46%
• 1M: -4.27%
• YTD: 6.23%
• 6M: 10.31%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SDAY.NEO

• 1D: 0.30%
• 1M: -3.12%
• YTD: 5.24%
• 6M: 4.78%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CDAY.NEO vs. SDAY.NEO - Expense Ratio Comparison

Both CDAY.NEO and SDAY.NEO have an expense ratio of 0.85%.

CDAY.NEO

Hamilton Enhanced Canadian Equity DayMAX ETF

SDAY.NEO

Hamilton Enhanced U.S. Equity DayMAX™ ETF

Return for Risk

CDAY.NEO vs. SDAY.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hamilton Enhanced Canadian Equity DayMAX ETF (CDAY.NEO) and Hamilton Enhanced U.S. Equity DayMAX™ ETF (SDAY.NEO). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	CDAY.NEO	SDAY.NEO	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.42	1.33	+1.09

Correlation

The correlation between CDAY.NEO and SDAY.NEO is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

CDAY.NEO vs. SDAY.NEO - Dividend Comparison

CDAY.NEO's dividend yield for the trailing twelve months is around 11.30%, less than SDAY.NEO's 11.50% yield.

	TTM	2025
CDAY.NEO Hamilton Enhanced Canadian Equity DayMAX ETF	11.30%	7.87%
SDAY.NEO Hamilton Enhanced U.S. Equity DayMAX™ ETF	11.50%	8.60%

Drawdowns

CDAY.NEO vs. SDAY.NEO - Drawdown Comparison

The maximum CDAY.NEO drawdown since its inception was -9.61%, which is greater than SDAY.NEO's maximum drawdown of -8.27%. Use the drawdown chart below to compare losses from any high point for CDAY.NEO and SDAY.NEO.

Drawdown Indicators

	CDAY.NEO	SDAY.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-9.61%	-8.27%	-1.34%
Current Drawdown Current decline from peak	-5.03%	-3.72%	-1.31%
Average Drawdown Average peak-to-trough decline	-1.20%	-1.62%	+0.42%

Volatility

Volatility by Period

	CDAY.NEO	SDAY.NEO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	13.45%	11.95%	+1.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.45%	11.95%	+1.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.45%	11.95%	+1.50%