Hamilton U.S. Equity YIELD MAXIMIZER™ ETF
Maximize Income from U.S. Equity Leaders
HIGHLIGHTS
Yield of 10.78%* with monthly distributions
Diversification beyond single stocks with exposure to U.S. equities across multiple sectors
Flexible coverage ratio adjusted to achieve target yield and preserve upside
Active covered call strategy managed by options team with 60+ years of experience, led by Nick Piquard
A GOOD FIT FOR INVESTORS WHO WANT
Higher tax-efficient monthly income
Modest long-term growth potential
CAD-unhedged exposure to U.S. equities with a sector mix similar to the S&P 500
Reduced volatility from options strategy
INVESTMENT OVERVIEW
SMAX is designed for attractive monthly income, while providing exposure to a portfolio of primarily large-cap U.S. equity securities. To reduce volatility and augment dividend income, SMAX will employ an active covered call strategy.
SMAX does not use leverage.
Also available for purchase in US$ Unhedged (SMAX.U)
Performance
- TICKER SMAX
- NAV $22.25
- 1 DAY CHANGE +$0.00
-
YIELD % *
Current annualized yield.
10.78 - ASSETS $1111.8M
Total Returns (incl. Dividends)
- ticker 0.0%
- 1 month 2.0%
- 3 months 1.0%
- 6 months 16.8%
- ytd 16.8%
- 1 year 28.6%
- inception* 25.1%
- as of date 202600.0%
Hamilton U.S. Equity YIELD MAXIMIZER™ ETF
- Overview
- Distributions
- Documents
█ Consumer Discretionary 7.6%
█ Consumer Staples 3.0%
█ Energy 3.5%
█ Financials 12.1%
█ Healthcare 8.3%
█ Industrials 7.7%
█ Materials 3.5%
█ Real Estate 3.7%
█ Technology 36.9%
█ Utilities 3.1%
| ticker | name | weight |
| MU | Micron Technology Inc | 5.8% |
| AMD | Advanced Micro Devices Inc | 5.3% |
| CSCO | Cisco Systems Inc | 4.7% |
| MSFT | Microsoft Corp | 4.6% |
| AAPL | Apple Inc | 4.4% |
| LLY | Eli Lilly & Co | 4.4% |
| NVDA | NVIDIA Corp | 4.4% |
| PLTR | Palantir Technologies Inc | 4.4% |
| V | Visa Inc | 4.3% |
| AMZN | Amazon.com Inc | 4.3% |
| JPM | JPMorgan Chase & Co | 4.3% |
| JNJ | Johnson & Johnson | 4.0% |
| GE | General Electric Co | 4.0% |
| GOOGL | Alphabet Inc | 4.0% |
| CAT | Caterpillar Inc | 3.8% |
| PLD | Prologis Inc | 3.7% |
| AVGO | Broadcom Inc | 3.7% |
| BRK/B | Berkshire Hathaway Inc | 3.7% |
| LIN | Linde PLC | 3.6% |
| XOM | ExxonMobil Holdings Corp | 3.6% |
| TSLA | Tesla Inc | 3.4% |
| NFLX | Netflix Inc | 3.4% |
| META | Meta Platforms Inc | 3.3% |
| NEE | NextEra Energy Inc | 3.2% |
| WMT | Walmart Inc | 3.1% |
| #N/A | #N/A Field Not Applicable Equity | 0.0% |
| #N/A | #N/A Field Not Applicable Equity | 0.0% |
| #N/A | #N/A Field Not Applicable Equity | 0.0% |
| Written Call Options | -0.6% | |
| Cash and Other Assets/Liabilities | -0.9% |
| Ticker | SMAX |
| Exchange | Toronto Stock Exchange (TSX) |
| CUSIP | 407916105 |
| Inception Date | October 25, 2023 |
| Investment Style | Covered Call |
| Assets | $1133.1M CAD* |
| Current Annualized Yield | 10.78%* |
| Distributions | Monthly |
| Currency Hedging | CAD-unhedged |
| Rebalancing | Semi-annual |
| Management Fee | 0.65% |
| Risk Rating | Low to Medium |
| Auditor | KPMG LLP |
| Legal Entity Identifier | 2549005JJY97H2CP5W16 |
| Ex-Dividend Date | Pay Date | Frequency | Amount |
|---|---|---|---|
| 2026-08-31 | 2026-09-08 | Monthly | $0.2000 |
| 2026-07-31 | 2026-08-10 | Monthly | $0.1980 |
| 2026-06-30 | 2026-07-08 | Monthly | $0.2000 |
| 2026-05-29 | 2026-06-05 | Monthly | $0.1970 |
| 2026-04-30 | 2026-05-07 | Monthly | $0.1900 |
| 2026-03-31 | 2026-04-08 | Monthly | $0.1830 |
| 2026-02-27 | 2026-03-06 | Monthly | $0.1830 |
| 2026-01-30 | 2026-02-06 | Monthly | $0.1850 |
| 2025-12-31 | 2026-01-08 | Monthly | $0.1840 |
| 2025-11-28 | 2025-12-05 | Monthly | $0.1830 |
| 2025-10-31 | 2025-11-07 | Monthly | $0.1840 |
| 2025-09-29 | 2025-10-07 | Monthly | $0.1830 |
| 2025-08-29 | 2025-09-08 | Monthly | $0.1820 |
| 2025-07-31 | 2025-08-08 | Monthly | $0.1820 |
| 2025-06-30 | 2025-07-08 | Monthly | $0.1800 |
| 2025-05-30 | 2025-06-06 | Monthly | $0.1780 |
| 2025-04-30 | 2025-05-07 | Monthly | $0.1720 |
| 2025-03-31 | 2025-04-07 | Monthly | $0.1740 |
| 2025-02-28 | 2025-03-07 | Monthly | $0.1750 |
| 2025-01-31 | 2025-02-07 | Monthly | $0.1740 |
| 2024-12-31 | 2025-01-08 | Monthly | $0.1730 |
| 2024-11-29 | 2024-12-06 | Monthly | $0.1710 |
| 2024-10-31 | 2024-11-07 | Monthly | $0.1725 |
| 2024-09-27 | 2024-10-07 | Monthly | $0.1720 |
| 2024-08-30 | 2024-09-09 | Monthly | $0.1710 |
| 2024-07-31 | 2024-08-08 | Monthly | $0.1720 |
| 2024-06-28 | 2024-07-08 | Monthly | $0.1720 |
| 2024-05-31 | 2024-06-07 | Monthly | $0.1700 |
| 2024-04-29 | 2024-05-07 | Monthly | $0.1700 |
| 2024-03-27 | 2024-04-05 | Monthly | $0.1650 |
| 2024-02-28 | 2024-03-07 | Monthly | $0.1650 |
| 2024-01-30 | 2024-02-09 | Monthly | $0.1610 |
| 2023-12-28 | 2024-01-08 | Monthly | $0.1600 |
| 2023-11-29 | 2023-12-07 | Monthly | $0.1600 |
You can view public filings for the Hamilton U.S. Equity YIELD MAXIMIZER™ ETF on SEDAR+.
Press Releases
View the latest SMAX Press Releases
Fact Sheet
SMAX Fact Sheet (2026-07-31) English Français
ETF Facts
SMAX ETF Facts (2025-08-14) English Français
Prospectus
SMAX Prospectus (2025-08-14) English Français
Financial Statements & MRFP
Annual Report (2025-12-31) English Français
Interim Report (2026-06-30) English Français
Latest Portfolio Summary
Q1 2026 Portfolio Summary (2026-03-31) Download
Proxy Voting
Proxy Voting Report (2025-07 to 2026-06) Download
Independent Review Committee
2025 Annual Report to Securityholders (2026-03-06) Download