XEXP.TO vs. QMAX.TO
XEXP.TO (iShares Exponential Technologies Index ETF) and QMAX.TO (Hamilton Technology YIELD MAXIMIZER ETF) are both Technology Equities funds. XEXP.TO is passively managed, while QMAX.TO is actively managed. Over the past year, XEXP.TO returned 41.18% vs 44.35% for QMAX.TO. At a 0.37 correlation, their price movements are largely independent. XEXP.TO charges 0.44%/yr vs 0.65%/yr for QMAX.TO.
Performance
XEXP.TO vs. QMAX.TO - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with XEXP.TO having a 21.53% return and QMAX.TO slightly higher at 22.06%.
XEXP.TO
- 1D
- 0.25%
- 1M
- 11.43%
- YTD
- 21.53%
- 6M
- 13.91%
- 1Y
- 41.18%
- 3Y*
- 17.73%
- 5Y*
- —
- 10Y*
- —
QMAX.TO
- 1D
- 0.64%
- 1M
- 17.44%
- YTD
- 22.06%
- 6M
- 19.75%
- 1Y
- 44.35%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XEXP.TO vs. QMAX.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XEXP.TO iShares Exponential Technologies Index ETF | 21.53% | 13.97% | 9.27% | 17.48% |
QMAX.TO Hamilton Technology YIELD MAXIMIZER ETF | 22.06% | 16.57% | 37.65% | 16.15% |
Correlation
The correlation between XEXP.TO and QMAX.TO is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Oct 27, 2023 | 0.37 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XEXP.TO vs. QMAX.TO — Risk / Return Rank
XEXP.TO
QMAX.TO
XEXP.TO vs. QMAX.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Exponential Technologies Index ETF (XEXP.TO) and Hamilton Technology YIELD MAXIMIZER ETF (QMAX.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.
| XEXP.TO | QMAX.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.34 | ||
| Sortino ratioReturn per unit of downside risk | +0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 1.38 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.42 | 1.95 | +1.47 |
| Martin ratioReturn relative to average drawdown | 10.64 | 5.32 | +5.32 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XEXP.TO | QMAX.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.51 | 2.17 | +0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.92 | 1.58 | -0.66 |
Drawdowns
XEXP.TO vs. QMAX.TO - Drawdown Comparison
The maximum XEXP.TO drawdown since its inception was -22.44%, smaller than the maximum QMAX.TO drawdown of -26.77%. Use the drawdown chart below to compare losses from any high point for XEXP.TO and QMAX.TO.
Loading charts...
Drawdown Indicators
| XEXP.TO | QMAX.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.44% | -26.77% | +4.33% |
Max Drawdown (1Y)Largest decline over 1 year | -12.10% | -22.86% | +10.76% |
Max Drawdown (3Y)Largest decline over 3 years | -22.44% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -3.99% | -5.25% | +1.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.88% | 8.36% | -4.48% |
Volatility
XEXP.TO vs. QMAX.TO - Volatility Comparison
The current volatility for iShares Exponential Technologies Index ETF (XEXP.TO) is 5.54%, while Hamilton Technology YIELD MAXIMIZER ETF (QMAX.TO) has a volatility of 6.48%. This indicates that XEXP.TO experiences smaller price fluctuations and is considered to be less risky than QMAX.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XEXP.TO | QMAX.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.54% | 6.48% | -0.94% |
Volatility (6M)Calculated over the trailing 6-month period | 12.89% | 16.34% | -3.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.48% | 20.53% | -4.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.92% | 23.66% | -4.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.92% | 23.66% | -4.74% |
XEXP.TO vs. QMAX.TO - Expense Ratio Comparison
XEXP.TO has a 0.44% expense ratio, which is lower than QMAX.TO's 0.65% expense ratio.
Dividends
XEXP.TO vs. QMAX.TO - Dividend Comparison
XEXP.TO's dividend yield for the trailing twelve months is around 0.54%, less than QMAX.TO's 9.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
QMAX.TO Hamilton Technology YIELD MAXIMIZER ETF | 9.33% | 10.79% | 10.90% | 2.01% | 0.00% |
XEXP.TO iShares Exponential Technologies Index ETF | 0.54% | 0.65% | 0.80% | 0.63% | 0.21% |
Frequently Asked Questions
XEXP.TO and QMAX.TO have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XEXP.TO is cheaper at 0.44% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XEXP.TO is cheaper with a 0.44% expense ratio, compared with 0.65% for QMAX.TO.
They also come from different issuers: iShares and Hamilton Capital. Their fees differ too: 0.44% for XEXP.TO and 0.65% for QMAX.TO.
Find the right allocation for XEXP.TO and QMAX.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer