SDAY.NEO vs. CDAY.NEO

Last updated Apr 2, 2026

Compare and contrast key facts about Hamilton Enhanced U.S. Equity DayMAX™ ETF (SDAY.NEO) and Hamilton Enhanced Canadian Equity DayMAX ETF (CDAY.NEO).

SDAY.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. SDAY.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

SDAY.NEO vs. CDAY.NEO - Performance Comparison

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

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

	2026 (YTD)	2025
SDAY.NEO Hamilton Enhanced U.S. Equity DayMAX™ ETF	5.24%	5.49%
CDAY.NEO Hamilton Enhanced Canadian Equity DayMAX ETF	6.23%	14.92%

Returns By Period

In the year-to-date period, SDAY.NEO achieves a 5.24% return, which is significantly lower than CDAY.NEO's 6.23% return.

SDAY.NEO

• 1D: 0.30%
• 1M: -3.12%
• YTD: 5.24%
• 6M: 4.78%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CDAY.NEO

• 1D: 0.46%
• 1M: -4.27%
• YTD: 6.23%
• 6M: 10.31%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

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

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

SDAY.NEO

Hamilton Enhanced U.S. Equity DayMAX™ ETF

CDAY.NEO

Hamilton Enhanced Canadian Equity DayMAX ETF

Return for Risk

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

This table presents a comparison of risk-adjusted performance metrics for Hamilton Enhanced U.S. Equity DayMAX™ ETF (SDAY.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

	SDAY.NEO	CDAY.NEO	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.33	2.42	-1.09

Correlation

The correlation between SDAY.NEO and CDAY.NEO is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

SDAY.NEO vs. CDAY.NEO - Dividend Comparison

SDAY.NEO's dividend yield for the trailing twelve months is around 11.50%, more than CDAY.NEO's 11.30% yield.

	TTM	2025
SDAY.NEO Hamilton Enhanced U.S. Equity DayMAX™ ETF	11.50%	8.60%
CDAY.NEO Hamilton Enhanced Canadian Equity DayMAX ETF	11.30%	7.87%

Drawdowns

SDAY.NEO vs. CDAY.NEO - Drawdown Comparison

The maximum SDAY.NEO drawdown since its inception was -8.27%, smaller than the maximum CDAY.NEO drawdown of -9.61%. Use the drawdown chart below to compare losses from any high point for SDAY.NEO and CDAY.NEO.

Drawdown Indicators

	SDAY.NEO	CDAY.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-8.27%	-9.61%	+1.34%
Current Drawdown Current decline from peak	-3.72%	-5.03%	+1.31%
Average Drawdown Average peak-to-trough decline	-1.62%	-1.20%	-0.42%

Volatility

Volatility by Period

	SDAY.NEO	CDAY.NEO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	11.95%	13.45%	-1.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.95%	13.45%	-1.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.95%	13.45%	-1.50%