EDGE.TO vs. QMVP.TO
EDGE.TO (Evolve Innovation Index Fund) and QMVP.TO (Hamilton Champions U.S. Technology Index ETF) are both Technology Equities funds - EDGE.TO tracks the Solactive Global Innovation Index while QMVP.TO tracks the Solactive Hamilton Champions U.S. Technology Index. Both are passively managed. A 0.54 correlation means they provide meaningful diversification when combined. EDGE.TO charges 0.67%/yr vs 0.19%/yr for QMVP.TO.
Performance
EDGE.TO vs. QMVP.TO - Performance Comparison
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Returns By Period
EDGE.TO
- 1D
- -0.33%
- 1M
- -3.20%
- 6M
- 11.39%
- YTD
- 12.54%
- 1Y
- 12.02%
- 3Y*
- 14.86%
- 5Y*
- 4.25%
- 10Y*
- —
- ALL TIME*
- 11.58%
QMVP.TO
- 1D
- -0.57%
- 1M
- -2.76%
- 6M
- 18.37%
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
EDGE.TO Evolve Innovation Index Fund | CA$27.25K | CA$23.58K | CA$26.33K |
| CA$695.20K | CA$952.52K | CA$852.29K |
EDGE.TO vs. QMVP.TO - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
EDGE.TO Evolve Innovation Index Fund | 12.62% |
QMVP.TO Hamilton Champions U.S. Technology Index ETF | 20.07% |
Correlation
The correlation between EDGE.TO and QMVP.TO is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 21, 2026 | 0.54 |
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Return for Risk
EDGE.TO vs. QMVP.TO — Risk / Return Rank
EDGE.TO
QMVP.TO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EDGE.TO vs. QMVP.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Evolve Innovation Index Fund (EDGE.TO) and Hamilton Champions U.S. Technology Index ETF (QMVP.TO). 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.
| EDGE.TO | QMVP.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.12 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.66 | — | — |
| Martin ratioReturn relative to average drawdown | 1.55 | — | — |
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Drawdowns
EDGE.TO vs. QMVP.TO - Drawdown Comparison
The maximum EDGE.TO drawdown since its inception was -39.86%, which is greater than QMVP.TO's maximum drawdown of -12.77%. Use the drawdown chart below to compare losses from any high point for EDGE.TO and QMVP.TO.
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Drawdown Indicators
| EDGE.TO | QMVP.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.86% | -12.77% | -27.09% |
Max Drawdown (1Y)Largest decline over 1 year | -18.43% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -21.92% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -39.86% | — | — |
Current DrawdownCurrent decline from peak | -9.10% | -7.48% | -1.62% |
Average DrawdownAverage peak-to-trough decline | -12.84% | -3.71% | -9.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.77% | — | — |
Volatility
EDGE.TO vs. QMVP.TO - Volatility Comparison
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Volatility by Period
| EDGE.TO | QMVP.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.75% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 17.69% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 20.69% | 25.18% | -4.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.81% | 25.18% | -2.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.67% | 25.18% | -1.51% |
EDGE.TO vs. QMVP.TO - Expense Ratio Comparison
EDGE.TO has a 0.67% expense ratio, which is higher than QMVP.TO's 0.19% expense ratio.
Dividends
EDGE.TO vs. QMVP.TO - Dividend Comparison
EDGE.TO's dividend yield for the trailing twelve months is around 0.44%, more than QMVP.TO's 0.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
EDGE.TO Evolve Innovation Index Fund | 0.44% | 0.36% | 0.53% | 0.06% | 0.08% | 0.05% | 0.06% | 0.09% | 0.09% |
QMVP.TO Hamilton Champions U.S. Technology Index ETF | 0.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EDGE.TO and QMVP.TO have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QMVP.TO is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QMVP.TO is cheaper with a 0.19% expense ratio, compared with 0.67% for EDGE.TO.
EDGE.TO tracks Solactive Global Innovation Index, while QMVP.TO tracks Solactive Hamilton Champions U.S. Technology Index. They also come from different issuers: Evolve Funds Group Inc. and Hamilton. Their fees differ too: 0.67% for EDGE.TO and 0.19% for QMVP.TO.
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