QDAY.NEO vs. HUTS.TO
QDAY.NEO (Hamilton EnhancedTechnology DayMAX™ ETF) and HUTS.TO (Hamilton Enhanced Utilities ETF) are both exchange-traded funds - QDAY.NEO is a Derivative Income fund actively managed by Hamilton, while HUTS.TO is a Utilities Equities fund tracking the Solactive Canadian Utility Services High Dividend Index TR. QDAY.NEO is actively managed, while HUTS.TO is passively managed. Over the past year, QDAY.NEO returned 47.32% vs 24.80% for HUTS.TO. Their -0.30 correlation means they have often moved in opposite directions in the past. QDAY.NEO charges 0.85%/yr vs 2.06%/yr for HUTS.TO.
Performance
QDAY.NEO vs. HUTS.TO - Performance Comparison
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Returns By Period
In the year-to-date period, QDAY.NEO achieves a 30.22% return, which is significantly higher than HUTS.TO's 15.96% return.
QDAY.NEO
- 1D
- 6.39%
- 1M
- 2.14%
- 6M
- 31.70%
- YTD
- 30.22%
- 1Y
- 47.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 46.34%
HUTS.TO
- 1D
- -1.14%
- 1M
- 0.67%
- 6M
- 10.14%
- YTD
- 15.96%
- 1Y
- 24.80%
- 3Y*
- 16.58%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 6.66%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| CA$273.34K | CA$215.70K | CA$190.49K | |
| CA$429.00K | CA$183.86K | CA$63.29K |
QDAY.NEO vs. HUTS.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QDAY.NEO Hamilton EnhancedTechnology DayMAX™ ETF | 30.22% | 14.84% |
HUTS.TO Hamilton Enhanced Utilities ETF | 15.96% | 9.96% |
Correlation
The correlation between QDAY.NEO and HUTS.TO is -0.31, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.31 |
Correlation (All Time) Calculated using the full available price history since Jul 14, 2025 | -0.30 |
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Return for Risk
QDAY.NEO vs. HUTS.TO — Risk / Return Rank
QDAY.NEO
HUTS.TO
QDAY.NEO vs. HUTS.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hamilton EnhancedTechnology DayMAX™ ETF (QDAY.NEO) and Hamilton Enhanced Utilities ETF (HUTS.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.
| QDAY.NEO | HUTS.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.53 | ||
| Sortino ratioReturn per unit of downside risk | -0.91 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.41 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.47 | 4.24 | -1.77 |
| Martin ratioReturn relative to average drawdown | 6.57 | 11.54 | -4.96 |
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Drawdowns
QDAY.NEO vs. HUTS.TO - Drawdown Comparison
The maximum QDAY.NEO drawdown since its inception was -19.44%, smaller than the maximum HUTS.TO drawdown of -30.57%. Use the drawdown chart below to compare losses from any high point for QDAY.NEO and HUTS.TO.
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Drawdown Indicators
| QDAY.NEO | HUTS.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.44% | -30.57% | +11.13% |
Max Drawdown (1Y)Largest decline over 1 year | -19.44% | -5.87% | -13.57% |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.20% | — |
Current DrawdownCurrent decline from peak | -1.96% | -4.32% | +2.36% |
Average DrawdownAverage peak-to-trough decline | -5.15% | -9.73% | +4.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.27% | 2.15% | +5.12% |
Volatility
QDAY.NEO vs. HUTS.TO - Volatility Comparison
Hamilton EnhancedTechnology DayMAX™ ETF (QDAY.NEO) has a higher volatility of 10.38% compared to Hamilton Enhanced Utilities ETF (HUTS.TO) at 4.45%. This indicates that QDAY.NEO's price experiences larger fluctuations and is considered to be riskier than HUTS.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QDAY.NEO | HUTS.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.38% | 4.45% | +5.93% |
Volatility (6M)Calculated over the trailing 6-month period | 21.71% | 9.14% | +12.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.57% | 10.67% | +15.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.18% | 14.98% | +11.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.18% | 14.98% | +11.20% |
QDAY.NEO vs. HUTS.TO - Expense Ratio Comparison
QDAY.NEO has a 0.85% expense ratio, which is lower than HUTS.TO's 2.06% expense ratio.
Dividends
QDAY.NEO vs. HUTS.TO - Dividend Comparison
QDAY.NEO's dividend yield for the trailing twelve months is around 16.94%, more than HUTS.TO's 5.70% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
HUTS.TO Hamilton Enhanced Utilities ETF | 5.70% | 6.45% | 7.45% | 7.83% | 2.33% |
QDAY.NEO Hamilton EnhancedTechnology DayMAX™ ETF | 16.94% | 8.78% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
QDAY.NEO and HUTS.TO have a correlation of -0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QDAY.NEO is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QDAY.NEO is cheaper with a 0.85% expense ratio, compared with 2.06% for HUTS.TO.
QDAY.NEO is categorized as Derivative Income, while HUTS.TO is Utilities Equities. Their fees differ too: 0.85% for QDAY.NEO and 2.06% for HUTS.TO.
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