UMAX.TO vs. APR-UN.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Hamilton Utilities YIELD MAXIMIZER ETF (UMAX.TO) and Automotive Properties Real Estate Investment Trust (APR-UN.TO).

UMAX.TO is an actively managed fund by Hamilton Capital. It was launched on Jun 14, 2023.

Performance

UMAX.TO vs. APR-UN.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Hamilton Utilities YIELD MAXIMIZER ETF (UMAX.TO) and Automotive Properties Real Estate Investment Trust (APR-UN.TO). The values are adjusted to include any dividend payments, if applicable.

UMAX.TO vs. APR-UN.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
UMAX.TO Hamilton Utilities YIELD MAXIMIZER ETF	4.87%	9.95%	5.97%	0.81%
APR-UN.TO Automotive Properties Real Estate Investment Trust	3.05%	8.92%	5.09%	-2.79%

Returns By Period

In the year-to-date period, UMAX.TO achieves a 4.87% return, which is significantly higher than APR-UN.TO's 3.05% return.

UMAX.TO

• 1D: -0.84%
• 1M: -2.21%
• YTD: 4.87%
• 6M: 5.47%
• 1Y: 11.19%
• 3Y*: —
• 5Y*: —
• 10Y*: —

APR-UN.TO

• 1D: -0.09%
• 1M: -4.02%
• YTD: 3.05%
• 6M: 1.96%
• 1Y: 17.32%
• 3Y*: 5.23%
• 5Y*: -99.91%
• 10Y*: -96.77%

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

Return for Risk

UMAX.TO vs. APR-UN.TO — Risk / Return Rank

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

UMAX.TO

UMAX.TO Risk / Return Rank: 78
UMAX.TO Sharpe Ratio Rank: 79
UMAX.TO Sortino Ratio Rank: 79
UMAX.TO Omega Ratio Rank: 76
UMAX.TO Calmar Ratio Rank: 74
UMAX.TO Martin Ratio Rank: 81

APR-UN.TO

APR-UN.TO Risk / Return Rank: 74
APR-UN.TO Sharpe Ratio Rank: 77
APR-UN.TO Sortino Ratio Rank: 70
APR-UN.TO Omega Ratio Rank: 72
APR-UN.TO Calmar Ratio Rank: 75
APR-UN.TO Martin Ratio Rank: 75

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.

UMAX.TO vs. APR-UN.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hamilton Utilities YIELD MAXIMIZER ETF (UMAX.TO) and Automotive Properties Real Estate Investment Trust (APR-UN.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.

	UMAX.TO	APR-UN.TO	Difference
Sharpe ratio Return per unit of total volatility	1.44	1.16	+0.28
Sortino ratio Return per unit of downside risk	2.00	1.62	+0.38
Omega ratio Gain probability vs. loss probability	1.28	1.23	+0.05
Calmar ratio Return relative to maximum drawdown	1.85	1.84	+0.01
Martin ratio Return relative to average drawdown	8.59	4.74	+3.86
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UMAX.TO vs. APR-UN.TO - Sharpe Ratio Comparison

The current UMAX.TO Sharpe Ratio is 1.44, which is comparable to the APR-UN.TO Sharpe Ratio of 1.16. The chart below compares the historical Sharpe Ratios of UMAX.TO and APR-UN.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

	UMAX.TO	APR-UN.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.44	1.16	+0.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-1.09	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-1.43	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.90	-1.11	+2.01

Correlation

The correlation between UMAX.TO and APR-UN.TO is 0.36, 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

UMAX.TO vs. APR-UN.TO - Dividend Comparison

UMAX.TO's dividend yield for the trailing twelve months is around 13.09%, more than APR-UN.TO's 6.70% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
UMAX.TO Hamilton Utilities YIELD MAXIMIZER ETF	13.09%	14.86%	14.81%	6.96%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
APR-UN.TO Automotive Properties Real Estate Investment Trust	6.70%	7.39%	8.36%	7.46%	1,281,617.42%	1,206,997.42%	7.51%	6.62%	8.96%	7.37%	897,946.98%	3,487,274.35%

Drawdowns

UMAX.TO vs. APR-UN.TO - Drawdown Comparison

The maximum UMAX.TO drawdown since its inception was -10.09%, smaller than the maximum APR-UN.TO drawdown of -100.01%. Use the drawdown chart below to compare losses from any high point for UMAX.TO and APR-UN.TO.

Drawdown Indicators

	UMAX.TO	APR-UN.TO	Difference
Max Drawdown Largest peak-to-trough decline	-10.09%	-100.01%	+89.92%
Max Drawdown (1Y) Largest decline over 1 year	-6.23%	-9.14%	+2.91%
Max Drawdown (5Y) Largest decline over 5 years	—	-100.01%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-100.01%	—
Current Drawdown Current decline from peak	-2.84%	-100.00%	+97.16%
Average Drawdown Average peak-to-trough decline	-2.05%	-99.12%	+97.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.39%	3.55%	-2.16%

Volatility

UMAX.TO vs. APR-UN.TO - Volatility Comparison

The current volatility for Hamilton Utilities YIELD MAXIMIZER ETF (UMAX.TO) is 2.22%, while Automotive Properties Real Estate Investment Trust (APR-UN.TO) has a volatility of 3.63%. This indicates that UMAX.TO experiences smaller price fluctuations and is considered to be less risky than APR-UN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UMAX.TO	APR-UN.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.22%	3.63%	-1.41%
Volatility (6M) Calculated over the trailing 6-month period	4.78%	8.96%	-4.18%
Volatility (1Y) Calculated over the trailing 1-year period	7.81%	14.98%	-7.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.68%	91.68%	-83.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.68%	67.75%	-59.07%