PAYG.TO vs. QDAY.NEO

Last updated Jul 14, 2026

PAYG.TO (Brompton Global Equity HighPay ETF) and QDAY.NEO (Hamilton EnhancedTechnology DayMAX™ ETF) are both exchange-traded funds - PAYG.TO is a Global Equity Income fund actively managed by Brompton, while QDAY.NEO is a Derivative Income fund actively managed by Hamilton Capital. Both are actively managed. A 0.63 correlation means they provide meaningful diversification when combined.

Performance

PAYG.TO vs. QDAY.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Brompton Global Equity HighPay ETF (PAYG.TO) and Hamilton EnhancedTechnology DayMAX™ ETF (QDAY.NEO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PAYG.TO

• 1D: -1.21%
• 1M: 0.06%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QDAY.NEO

• 1D: -1.79%
• 1M: 1.97%
• 6M: 23.61%
• YTD: 28.18%
• 1Y: 47.20%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PAYG.TO vs. QDAY.NEO - Yearly Performance Comparison

	2026 (YTD)
PAYG.TO Brompton Global Equity HighPay ETF	10.67%
QDAY.NEO Hamilton EnhancedTechnology DayMAX™ ETF	37.71%

Correlation

The correlation between PAYG.TO and QDAY.NEO is 0.63, 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 Apr 2, 2026	0.63

Return for Risk

PAYG.TO vs. QDAY.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brompton Global Equity HighPay ETF (PAYG.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.

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

Drawdowns

PAYG.TO vs. QDAY.NEO - Drawdown Comparison

The maximum PAYG.TO drawdown since its inception was -7.38%, smaller than the maximum QDAY.NEO drawdown of -19.44%. Use the drawdown chart below to compare losses from any high point for PAYG.TO and QDAY.NEO.

Drawdown Indicators

	PAYG.TO	QDAY.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-7.38%	-19.44%	+12.06%
Max Drawdown (1Y) Largest decline over 1 year	—	-19.44%	—
Current Drawdown Current decline from peak	-4.64%	-3.49%	-1.15%
Average Drawdown Average peak-to-trough decline	-2.38%	-5.05%	+2.67%

Volatility

Volatility by Period

	PAYG.TO	QDAY.NEO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	21.42%	25.29%	-3.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.42%	25.29%	-3.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.42%	25.29%	-3.87%

Dividends

PAYG.TO vs. QDAY.NEO - Dividend Comparison

PAYG.TO's dividend yield for the trailing twelve months is around 4.54%, less than QDAY.NEO's 16.06% yield.

Position	TTM	2025
PAYG.TO Brompton Global Equity HighPay ETF	4.54%	0.00%
QDAY.NEO Hamilton EnhancedTechnology DayMAX™ ETF	16.06%	8.78%

Frequently Asked Questions

Can I hold both PAYG.TO and QDAY.NEO in my portfolio?

PAYG.TO and QDAY.NEO have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between PAYG.TO and QDAY.NEO?

PAYG.TO is categorized as Global Equity Income, while QDAY.NEO is Derivative Income. They also come from different issuers: Brompton and Hamilton Capital.