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$1,000 invested 2023-01 to 2026-08-10
HLIF $1,357 HMAX $1,113
HLIF $1,609 HMAX $1,554
HLIF $1,768 HMAX $1,813

Both start at 2023-01, the first month they share — comparing from each fund's own inception would give the older one a head start. Each view is scaled to itself, so read the amounts rather than the steepness. Before tax and commissions.

Side by side

Measure HLIF HMAX
Price $12.81 $18.15
Distribution per month $0.0700 $0.1680
Distribution per year $0.78 $1.99
Yield 6.10% 10.95%
Total return (DRIP) 82.0% 83.6%
Price return 34.4% 12.7%
Management fee 0.65% 0.65%
Return of capital N/A 83%
Eligible dividends N/A 17%
Fund assets $196.6M $2.59B
Risk rating N/A Medium
Payments made 49 42
Times reduced 0 15

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.

Comparing more than two?

The dashboard's Compare tab takes as many funds as you like — a column each, the same measures as above, with the price lines overlaid on one chart.

Open Compare

Overlapping holdings

These funds share 9 holdings, about 30% 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 HLIF HMAX
MFC Manulife Financial Corporation 3.5% 6.4%
GWO Great-West Lifeco Inc. 3.4% 5.1%
SLF Sun Life Financial Inc. 3.4% 3.9%
BMO Bank of Montreal 3.3% 10.8%
CM Canadian Imperial Bank of Commerce 3.3% 9.2%
NA National Bank of Canada 3.3% 5.4%
RY Royal Bank of Canada 3.3% 25.0%
BNS The Bank of Nova Scotia 3.2% 9.2%
TD The Toronto-Dominion Bank 3.2% 17.0%

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 2026-08-10, as published by Harvest ETFs and 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.