QDAY.NEO vs. CDAY.NEO

Last updated Apr 1, 2026

Compare and contrast key facts about Hamilton EnhancedTechnology DayMAX™ ETF (QDAY.NEO) and Hamilton Enhanced Canadian Equity DayMAX ETF (CDAY.NEO).

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

Performance

QDAY.NEO vs. CDAY.NEO - Performance Comparison

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

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

	2026 (YTD)	2025
QDAY.NEO Hamilton EnhancedTechnology DayMAX™ ETF	-13.08%	9.17%
CDAY.NEO Hamilton Enhanced Canadian Equity DayMAX ETF	3.53%	14.92%

Returns By Period

In the year-to-date period, QDAY.NEO achieves a -13.08% return, which is significantly lower than CDAY.NEO's 3.53% return.

QDAY.NEO

• 1D: 3.19%
• 1M: -4.93%
• YTD: -13.08%
• 6M: -15.85%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CDAY.NEO

• 1D: 0.00%
• 1M: -5.81%
• YTD: 3.53%
• 6M: 7.89%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

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

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

QDAY.NEO

Hamilton EnhancedTechnology DayMAX™ ETF

CDAY.NEO

Hamilton Enhanced Canadian Equity DayMAX ETF

Return for Risk

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

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

	QDAY.NEO	CDAY.NEO	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.31	2.11	-2.42

Correlation

The correlation between QDAY.NEO and CDAY.NEO is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

QDAY.NEO vs. CDAY.NEO - Dividend Comparison

QDAY.NEO's dividend yield for the trailing twelve months is around 5.46%, less than CDAY.NEO's 11.51% yield.

	TTM	2025
QDAY.NEO Hamilton EnhancedTechnology DayMAX™ ETF	5.46%	4.74%
CDAY.NEO Hamilton Enhanced Canadian Equity DayMAX ETF	11.51%	7.87%

Drawdowns

QDAY.NEO vs. CDAY.NEO - Drawdown Comparison

The maximum QDAY.NEO drawdown since its inception was -25.46%, which is greater than CDAY.NEO's maximum drawdown of -9.61%. Use the drawdown chart below to compare losses from any high point for QDAY.NEO and CDAY.NEO.

Drawdown Indicators

	QDAY.NEO	CDAY.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-25.46%	-9.61%	-15.85%
Current Drawdown Current decline from peak	-23.08%	-7.44%	-15.64%
Average Drawdown Average peak-to-trough decline	-7.89%	-1.19%	-6.70%

Volatility

Volatility by Period

	QDAY.NEO	CDAY.NEO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	23.27%	13.26%	+10.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.27%	13.26%	+10.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.27%	13.26%	+10.01%