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Hamilton Technology Yield Maximizer ETFQMAX.TOBUYAug 26, 2024Stock price when the opinion was issued
As of Jun 12, 2026. Market Open.
We think QMAX serves its purpose but we would still maintain our position size limit. ROC is not in and of itself bad, but if ETFs pay out more than they earn then there will be some Net asset value erosion over time. The ROC component does not matter so much in a non-reg account, but one still needs to consider total returns here. But with tech running QMAX is doing fine. Yield is 10.24% and one year total return 36.13%.
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Hamilton ETFs has a whole series of sector-based, option strategy ETFs for enhanced income. He likes these ETFs, but it you are really bullish on the outlook, you want the underlying holdings and not the extra income necessarily. But if you want income, this is a great way to get it tax-efficiently, though you will give up long-term growth.