PLTE.TO vs. UMAX.TO

Last updated Apr 2, 2026

Compare and contrast key facts about Harvest Palantir Enhanced High Income Shares ETF (PLTE.TO) and Hamilton Utilities YIELD MAXIMIZER ETF (UMAX.TO).

PLTE.TO and UMAX.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PLTE.TO is an actively managed fund by Harvest. It was launched on Jan 16, 2025. UMAX.TO is an actively managed fund by Hamilton Capital. It was launched on Jun 14, 2023.

Performance

PLTE.TO vs. UMAX.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Harvest Palantir Enhanced High Income Shares ETF (PLTE.TO) and Hamilton Utilities YIELD MAXIMIZER ETF (UMAX.TO). The values are adjusted to include any dividend payments, if applicable.

PLTE.TO vs. UMAX.TO - Yearly Performance Comparison

	2026 (YTD)	2025
PLTE.TO Harvest Palantir Enhanced High Income Shares ETF	-20.02%	159.97%
UMAX.TO Hamilton Utilities YIELD MAXIMIZER ETF	5.96%	9.67%

Returns By Period

In the year-to-date period, PLTE.TO achieves a -20.02% return, which is significantly lower than UMAX.TO's 5.96% return.

PLTE.TO

• 1D: 0.16%
• 1M: 2.64%
• YTD: -20.02%
• 6M: -20.70%
• 1Y: 74.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —

UMAX.TO

• 1D: -0.11%
• 1M: -1.83%
• YTD: 5.96%
• 6M: 6.48%
• 1Y: 12.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PLTE.TO vs. UMAX.TO - Expense Ratio Comparison

PLTE.TO has a 0.40% expense ratio, which is lower than UMAX.TO's 0.65% expense ratio.

UMAX.TO

Hamilton Utilities YIELD MAXIMIZER ETF

PLTE.TO

Harvest Palantir Enhanced High Income Shares ETF

Return for Risk

PLTE.TO vs. UMAX.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PLTE.TO

PLTE.TO Risk / Return Rank: 61
PLTE.TO Sharpe Ratio Rank: 65
PLTE.TO Sortino Ratio Rank: 69
PLTE.TO Omega Ratio Rank: 61
PLTE.TO Calmar Ratio Rank: 65
PLTE.TO Martin Ratio Rank: 43

UMAX.TO

UMAX.TO Risk / Return Rank: 80
UMAX.TO Sharpe Ratio Rank: 82
UMAX.TO Sortino Ratio Rank: 83
UMAX.TO Omega Ratio Rank: 80
UMAX.TO Calmar Ratio Rank: 73
UMAX.TO Martin Ratio Rank: 80

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.

PLTE.TO vs. UMAX.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harvest Palantir Enhanced High Income Shares ETF (PLTE.TO) and Hamilton Utilities YIELD MAXIMIZER ETF (UMAX.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.

	PLTE.TO	UMAX.TO	Difference
Sharpe ratio Return per unit of total volatility	1.19	1.63	-0.45
Sortino ratio Return per unit of downside risk	1.79	2.26	-0.47
Omega ratio Gain probability vs. loss probability	1.24	1.32	-0.08
Calmar ratio Return relative to maximum drawdown	1.75	1.98	-0.23
Martin ratio Return relative to average drawdown	4.33	9.14	-4.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PLTE.TO vs. UMAX.TO - Sharpe Ratio Comparison

The current PLTE.TO Sharpe Ratio is 1.19, which is comparable to the UMAX.TO Sharpe Ratio of 1.63. The chart below compares the historical Sharpe Ratios of PLTE.TO and UMAX.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PLTE.TO	UMAX.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.19	1.63	-0.45
Sharpe Ratio (All Time) Calculated using the full available price history	1.19	0.95	+0.24

Correlation

The correlation between PLTE.TO and UMAX.TO is -0.10. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

PLTE.TO vs. UMAX.TO - Dividend Comparison

PLTE.TO's dividend yield for the trailing twelve months is around 38.27%, more than UMAX.TO's 14.26% yield.

	TTM	2025	2024	2023
PLTE.TO Harvest Palantir Enhanced High Income Shares ETF	38.27%	23.70%	0.00%	0.00%
UMAX.TO Hamilton Utilities YIELD MAXIMIZER ETF	14.26%	14.86%	14.81%	6.96%

Drawdowns

PLTE.TO vs. UMAX.TO - Drawdown Comparison

The maximum PLTE.TO drawdown since its inception was -43.92%, which is greater than UMAX.TO's maximum drawdown of -10.09%. Use the drawdown chart below to compare losses from any high point for PLTE.TO and UMAX.TO.

Drawdown Indicators

	PLTE.TO	UMAX.TO	Difference
Max Drawdown Largest peak-to-trough decline	-43.92%	-10.09%	-33.83%
Max Drawdown (1Y) Largest decline over 1 year	-41.32%	-6.23%	-35.09%
Current Drawdown Current decline from peak	-30.91%	-1.83%	-29.08%
Average Drawdown Average peak-to-trough decline	-14.85%	-2.05%	-12.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.72%	1.35%	+15.37%

Volatility

PLTE.TO vs. UMAX.TO - Volatility Comparison

Harvest Palantir Enhanced High Income Shares ETF (PLTE.TO) has a higher volatility of 15.08% compared to Hamilton Utilities YIELD MAXIMIZER ETF (UMAX.TO) at 2.12%. This indicates that PLTE.TO's price experiences larger fluctuations and is considered to be riskier than UMAX.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PLTE.TO	UMAX.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.08%	2.12%	+12.96%
Volatility (6M) Calculated over the trailing 6-month period	41.13%	4.70%	+36.43%
Volatility (1Y) Calculated over the trailing 1-year period	62.94%	7.74%	+55.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	70.58%	8.66%	+61.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	70.58%	8.66%	+61.92%