UMVP.TO vs. QMVP.TO

Last updated Jun 4, 2026

UMVP.TO (Hamilton Champions Utilities Index ETF) and QMVP.TO (Hamilton Champions U.S. Technology Index ETF) are both exchange-traded funds - UMVP.TO is a Utilities Equities fund tracking the Solactive Canadian Utility Services High Dividend Index, while QMVP.TO is a Technology Equities fund tracking the Solactive Hamilton Champions U.S. Technology Index. Both are passively managed. At a correlation of -0.21, they often move in opposite directions.

Performance

UMVP.TO vs. QMVP.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Hamilton Champions Utilities Index ETF (UMVP.TO) and Hamilton Champions U.S. Technology Index ETF (QMVP.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

UMVP.TO

• 1D: -0.17%
• 1M: 4.40%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QMVP.TO

• 1D: 0.22%
• 1M: 16.48%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

UMVP.TO vs. QMVP.TO - Yearly Performance Comparison

	2026 (YTD)
UMVP.TO Hamilton Champions Utilities Index ETF	14.69%
QMVP.TO Hamilton Champions U.S. Technology Index ETF	27.10%

Correlation

The correlation between UMVP.TO and QMVP.TO is -0.21, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 22, 2026	-0.21

Return for Risk

UMVP.TO vs. QMVP.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hamilton Champions Utilities Index ETF (UMVP.TO) and Hamilton Champions U.S. Technology Index ETF (QMVP.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	UMVP.TO	QMVP.TO	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	5.03	4.30	+0.72

Drawdowns

UMVP.TO vs. QMVP.TO - Drawdown Comparison

The maximum UMVP.TO drawdown since its inception was -4.57%, smaller than the maximum QMVP.TO drawdown of -12.77%. Use the drawdown chart below to compare losses from any high point for UMVP.TO and QMVP.TO.

Drawdown Indicators

	UMVP.TO	QMVP.TO	Difference
Max Drawdown Largest peak-to-trough decline	-4.57%	-12.77%	+8.20%
Current Drawdown Current decline from peak	-0.96%	0.00%	-0.96%
Average Drawdown Average peak-to-trough decline	-0.81%	-3.86%	+3.05%

Volatility

Volatility by Period

	UMVP.TO	QMVP.TO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	9.11%	21.70%	-12.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.11%	21.70%	-12.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.11%	21.70%	-12.59%

Dividends

UMVP.TO vs. QMVP.TO - Dividend Comparison

UMVP.TO's dividend yield for the trailing twelve months is around 1.44%, more than QMVP.TO's 0.19% yield.

Position	TTM
QMVP.TO Hamilton Champions U.S. Technology Index ETF	0.19%
UMVP.TO Hamilton Champions Utilities Index ETF	1.44%

Frequently Asked Questions

Can I hold both UMVP.TO and QMVP.TO in my portfolio?

UMVP.TO and QMVP.TO have a correlation of -0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between UMVP.TO and QMVP.TO?

UMVP.TO is categorized as Utilities Equities, while QMVP.TO is Technology Equities. UMVP.TO tracks Solactive Canadian Utility Services High Dividend Index, while QMVP.TO tracks Solactive Hamilton Champions U.S. Technology Index.