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$1,000 invested 2024-02, distributions reinvestedto 2026-08-04
EMAX $1,376 SMAX $1,668

Both start at 2024-02, the first month they share — comparing from each fund's own inception would give the older one a head start. Before tax and commissions.

Side by side

Measure EMAX SMAX
Price $16.82 $22.94
Distribution per month $0.1430 $0.1980
Distribution per year $1.73 $2.25
Yield 10.26% 9.82%
Total return (DRIP) 41.4% 93.7%
Price return 5.0% 44.8%
Management fee 0.65% 0.65%
Return of capital 71% 83%
Eligible dividends 5% 0%
Fund assets $534.1M $1.12B
Risk rating Medium to High Low to Medium
Payments made 30 33
Times reduced 16 7

Bold marks the more favourable figure where one direction is unambiguously better — a higher yield, a lower fee, fewer reductions. Most rows have no better side: a higher return of capital is neither good nor bad on its own, it changes when you pay tax rather than how much you earn.

Overlapping holdings

These funds share 1 holdings, about 4% of each by weight. That portion is double-counted exposure: holding both concentrates you into the same names rather than spreading risk across more of them, and a shock to any one of those companies hits both positions at once.

Holding EMAX SMAX
XOM ExxonMobil Holdings Corp 4.9% 3.5%

See this across everything you hold.

Overlap only tells the whole story once every holding is in one place — with combined income projections on your real units.

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Prices as at 2026-08-04, as published by Hamilton ETFs. Tax figures are the last published year. Reinvestment assumes fractional units and no commission. Not a recommendation and not tax advice — see the disclaimer.