CWIN.TO vs. QDAY.NEO
CWIN.TO (HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF Class E Units) and QDAY.NEO (Hamilton EnhancedTechnology DayMAX™ ETF) are both exchange-traded funds - CWIN.TO is a Dividend fund tracking the Solactive Canada Dividend Elite Champions Index, while QDAY.NEO is a Derivative Income fund actively managed by Hamilton. CWIN.TO is passively managed, while QDAY.NEO is actively managed. Over the past year, CWIN.TO returned 40.70% vs 38.65% for QDAY.NEO. Their 0.09 correlation means their historical movements had little consistent relationship. CWIN.TO charges 0.65%/yr vs 0.85%/yr for QDAY.NEO.
Performance
CWIN.TO vs. QDAY.NEO - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with CWIN.TO having a 21.87% return and QDAY.NEO slightly higher at 22.56%.
CWIN.TO
- 1D
- -0.33%
- 1M
- 1.25%
- 6M
- 19.54%
- YTD
- 21.87%
- 1Y
- 40.70%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 31.82%
QDAY.NEO
- 1D
- 1.67%
- 1M
- -3.87%
- 6M
- 21.64%
- YTD
- 22.56%
- 1Y
- 38.65%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 38.65%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| CA$14.83K | CA$14.75K | CA$24.96K | |
| CA$123.73K | CA$56.24K | CA$19.64K |
CWIN.TO vs. QDAY.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CWIN.TO HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF Class E Units | 21.87% | 14.54% |
QDAY.NEO Hamilton EnhancedTechnology DayMAX™ ETF | 22.56% | 14.84% |
Correlation
The correlation between CWIN.TO and QDAY.NEO is 0.10, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.10 |
Correlation (All Time) Calculated using the full available price history since Jul 14, 2025 | 0.09 |
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Return for Risk
CWIN.TO vs. QDAY.NEO — Risk / Return Rank
CWIN.TO
QDAY.NEO
CWIN.TO vs. QDAY.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF Class E Units (CWIN.TO) and Hamilton EnhancedTechnology DayMAX™ ETF (QDAY.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CWIN.TO | QDAY.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.75 | ||
| Sortino ratioReturn per unit of downside risk | +2.30 | ||
| Omega ratioGain probability vs. loss probability | 1.58 | 1.24 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 5.42 | 1.79 | +3.62 |
| Martin ratioReturn relative to average drawdown | 20.02 | 4.78 | +15.24 |
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Drawdowns
CWIN.TO vs. QDAY.NEO - Drawdown Comparison
The maximum CWIN.TO drawdown since its inception was -10.87%, smaller than the maximum QDAY.NEO drawdown of -19.44%. Use the drawdown chart below to compare losses from any high point for CWIN.TO and QDAY.NEO.
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Drawdown Indicators
| CWIN.TO | QDAY.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.87% | -19.44% | +8.57% |
Max Drawdown (1Y)Largest decline over 1 year | -7.15% | -19.44% | +12.29% |
Current DrawdownCurrent decline from peak | -2.14% | -7.73% | +5.59% |
Average DrawdownAverage peak-to-trough decline | -1.32% | -5.16% | +3.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.93% | 7.26% | -5.33% |
Volatility
CWIN.TO vs. QDAY.NEO - Volatility Comparison
The current volatility for HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF Class E Units (CWIN.TO) is 2.60%, while Hamilton EnhancedTechnology DayMAX™ ETF (QDAY.NEO) has a volatility of 8.22%. This indicates that CWIN.TO experiences smaller price fluctuations and is considered to be less risky than QDAY.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CWIN.TO | QDAY.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.60% | 8.22% | -5.62% |
Volatility (6M)Calculated over the trailing 6-month period | 9.31% | 20.90% | -11.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.53% | 25.99% | -13.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.63% | 25.51% | -11.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.63% | 25.51% | -11.88% |
CWIN.TO vs. QDAY.NEO - Expense Ratio Comparison
CWIN.TO has a 0.65% expense ratio, which is lower than QDAY.NEO's 0.85% expense ratio.
Dividends
CWIN.TO vs. QDAY.NEO - Dividend Comparison
CWIN.TO's dividend yield for the trailing twelve months is around 3.13%, less than QDAY.NEO's 17.99% yield.
| Position | TTM | 2025 |
|---|---|---|
CWIN.TO HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF Class E Units | 3.13% | 3.21% |
QDAY.NEO Hamilton EnhancedTechnology DayMAX™ ETF | 17.99% | 8.78% |
Frequently Asked Questions
CWIN.TO and QDAY.NEO have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CWIN.TO is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CWIN.TO is cheaper with a 0.65% expense ratio, compared with 0.85% for QDAY.NEO.
CWIN.TO is categorized as Dividend, while QDAY.NEO is Derivative Income. Their fees differ too: 0.65% for CWIN.TO and 0.85% for QDAY.NEO.
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