SIXY.TO vs. SDAY.NEO

Last updated Apr 1, 2026

Compare and contrast key facts about Evolve Big Six Canadian Banks UltraYield Index ETF (SIXY.TO) and Hamilton Enhanced U.S. Equity DayMAX™ ETF (SDAY.NEO).

SIXY.TO and SDAY.NEO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SIXY.TO is a passively managed fund by Evolve that tracks the performance of the Solactive Equal Weight Canada Banks Index. It was launched on Dec 1, 2025. SDAY.NEO is an actively managed fund by Hamilton Capital. It was launched on Jul 14, 2025.

Performance

SIXY.TO vs. SDAY.NEO - Performance Comparison

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

SIXY.TO vs. SDAY.NEO - Yearly Performance Comparison

	2026 (YTD)	2025
SIXY.TO Evolve Big Six Canadian Banks UltraYield Index ETF	0.37%	5.33%
SDAY.NEO Hamilton Enhanced U.S. Equity DayMAX™ ETF	3.41%	-1.93%

Returns By Period

In the year-to-date period, SIXY.TO achieves a 0.37% return, which is significantly lower than SDAY.NEO's 3.41% return.

SIXY.TO

• 1D: 2.33%
• 1M: -5.44%
• YTD: 0.37%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SDAY.NEO

• 1D: 0.00%
• 1M: -4.95%
• YTD: 3.41%
• 6M: 3.17%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SIXY.TO vs. SDAY.NEO - Expense Ratio Comparison

SIXY.TO has a 0.60% expense ratio, which is lower than SDAY.NEO's 0.85% expense ratio.

SDAY.NEO

Hamilton Enhanced U.S. Equity DayMAX™ ETF

SIXY.TO

Evolve Big Six Canadian Banks UltraYield Index ETF

Return for Risk

SIXY.TO vs. SDAY.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Evolve Big Six Canadian Banks UltraYield Index ETF (SIXY.TO) and Hamilton Enhanced U.S. Equity DayMAX™ ETF (SDAY.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

	SIXY.TO	SDAY.NEO	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.07	1.11	-0.04

Correlation

The correlation between SIXY.TO and SDAY.NEO is 0.29, 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

SIXY.TO vs. SDAY.NEO - Dividend Comparison

SIXY.TO's dividend yield for the trailing twelve months is around 5.76%, less than SDAY.NEO's 11.61% yield.

	TTM	2025
SIXY.TO Evolve Big Six Canadian Banks UltraYield Index ETF	5.76%	1.59%
SDAY.NEO Hamilton Enhanced U.S. Equity DayMAX™ ETF	11.61%	8.60%

Drawdowns

SIXY.TO vs. SDAY.NEO - Drawdown Comparison

The maximum SIXY.TO drawdown since its inception was -9.64%, which is greater than SDAY.NEO's maximum drawdown of -8.27%. Use the drawdown chart below to compare losses from any high point for SIXY.TO and SDAY.NEO.

Drawdown Indicators

	SIXY.TO	SDAY.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-9.64%	-8.27%	-1.37%
Current Drawdown Current decline from peak	-7.31%	-5.40%	-1.91%
Average Drawdown Average peak-to-trough decline	-2.19%	-1.62%	-0.57%

Volatility

Volatility by Period

	SIXY.TO	SDAY.NEO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	17.71%	11.86%	+5.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.71%	11.86%	+5.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.71%	11.86%	+5.85%