A side-by-side comparison of Hamilton Healthcare YIELD MAXIMIZER ETF (LMAX) and Harvest Healthcare Leaders Income ETF (HHL) to help Canadian investors make an informed decision.
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1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | LMAX | HHL |
|---|---|---|
| YTD Return | -6.38%✓ | -11.40% |
| 1-Day Change | +0.38%✓ | -0.36% |
| 1-Week Change | +0.07%✓ | -1.08% |
| 1-Month Change | +0.98%✓ | -1.72% |
| Current Price | $13.36 | $6.84 |
| AUM | $205M | $1.73B✓ |
| MER (Expense Ratio) | — | 0% |
| Dividend Yield | 13.36%✓ | 10.50% |
| Distribution Frequency | Monthly | |
| Inception Date | 2024-02-06 | 2014-12-18 |
| Holdings Count | 10 | 10 |
| MorningStar Rating | — | ★★★ |
| Category | Healthcare Equity | Healthcare Equity |
| Beta | 0.00 | 1.02 |
| 52-Week High | $14.22 | $7.65 |
| 52-Week Low | $11.59 | $6.32 |
| 50-Day MA | $13.10 | $6.93 |
| 200-Day MA | $13.85 | $7.36 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | LMAX | HHL |
|---|---|---|
| YTD | -6.38%✓ | -11.40% |
| 1 Year | +10.43%✓ | +4.47% |
| 3 Year | — | +4.53% |
| 5 Year | — | +5.46% |
| 10 Year | — | +6.77% |
| 1Y Volatility | 12.00% | 13.32% |
| Sharpe Ratio (3Y) | — | 0.14 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | UNH | UnitedHealth Group Incorporated | 6.50% |
| 2 | CVS | CVS Health Corp | 6.11% |
| 3 | LLY | Eli Lilly and Company | 5.99% |
| 4 | ABBV | AbbVie Inc | 5.50% |
| 5 | TMO | Thermo Fisher Scientific Inc | 5.31% |
| 6 | CI | Cigna Corp | 5.28% |
| 7 | BMY | Bristol-Myers Squibb Company | 5.14% |
| 8 | MRK | Merck & Company Inc | 5.10% |
| 9 | VRTX | Vertex Pharmaceuticals Inc | 5.07% |
| 10 | GILD | Gilead Sciences Inc | 5.06% |
| 1 | A | Agilent Technologies Inc | 5.88% |
| 2 | LLY | Eli Lilly and Company | 5.45% |
| 3 | ABBV | AbbVie Inc | 5.31% |
| 4 | TMO | Thermo Fisher Scientific Inc | 5.17% |
| 5 | UNH | UnitedHealth Group Incorporated | 5.13% |
| 6 | ELV | Elevance Health Inc | 5.12% |
| 7 | AMGN | Amgen Inc | 5.10% |
| 8 | DHR | Danaher Corporation | 5.10% |
| 9 | VRTX | Vertex Pharmaceuticals Inc | 5.09% |
| 10 | NVS | Novartis AG ADR | 5.02% |
Sector Weights
| Sector | LMAX | HHL |
|---|---|---|
| Basic Materials | 0.00% | 0.00% |
| Communication Services | 0.00% | 0.00% |
| Consumer Cyclicals | 0.00% | 0.00% |
| Consumer Defensive | 0.00% | 0.00% |
| Energy | 0.00% | 0.00% |
| Financial Services | 0.00% | 0.00% |
| Healthcare | 100.00% | 100.00% |
| Industrials | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% |
| Technology | 0.00% | 0.00% |
| Utilities | 0.00% | 0.00% |
About LMAX
Hamilton Healthcare YIELD MAXIMIZER ETF (LMAX.TO) is a Canadian-listed ETF traded on the Toronto Stock Exchange. More detailed information will be available soon.
About HHL
US healthcare companies combine innovation with consistent demand. We all need healthcare, especially as the developed world ages and the developing world gets richer. Healthcare companies create value from new drugs, treatments, and technologies. HHL offers steady income and growth opportunities from large-cap US healthcare leaders.
Which ETF is Right for You?
Both LMAX and HHL are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, LMAX scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between LMAX and HHL?
LMAX (Hamilton Healthcare YIELD MAXIMIZER ETF) and HHL (Harvest Healthcare Leaders Income ETF) are both Canadian-listed ETFs. Key differences include their AUM ($205M vs $1.73B), dividend yield (13.36% vs 10.50%), and year-to-date performance (-6.38% vs -11.40%).
Is LMAX better than HHL?
There is no single "better" ETF — it depends on your investment goals. If you prioritise recent performance, LMAX has outperformed year-to-date. Always review the fund's prospectus and consider your tax situation.
Can I buy LMAX and HHL on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both LMAX and HHL should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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