← All funds
$1,000 invested 2023-10, distributions reinvestedto 2026-08-04
HDIV $2,281 SMAX $1,925

Both start at 2023-10, 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 HDIV SMAX
Price $23.66 $22.94
Distribution per month $0.1930 $0.1980
Distribution per year $2.20 $2.25
Yield 9.30% 9.82%
Total return (DRIP) 139.1% 93.7%
Price return 43.4% 44.8%
Management fee 0.77%* 0.65%
Return of capital 75% 83%
Eligible dividends 0% 0%
Fund assets $1.81B $1.12B
Risk rating Medium Low to Medium
Payments made 60 33
Times reduced 0 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

No overlapping holdings. The two are exposed to entirely different companies, so holding both spreads single-name risk rather than doubling down on it. Worth noting that shared holdings are not the only source of correlation — two funds can own nothing in common and still fall together if they are exposed to the same market or the same rate environment.

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.

Get started

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.