A side-by-side comparison of Hamilton Energy YIELD MAXIMIZER ETF (EMAX) and iShares S&P/TSX Capped Energy Index ETF (XEG) 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 | EMAX | XEG |
|---|---|---|
| YTD Return | +20.84% | +39.39%✓ |
| 1-Day Change | +1.51% | +2.37%✓ |
| 1-Week Change | -0.24% | +0.44%✓ |
| 1-Month Change | -0.89% | +0.13%✓ |
| Current Price | $16.76 | $27.25 |
| AUM | $481M | $2.27B✓ |
| MER (Expense Ratio) | — | 60% |
| Dividend Yield | 10.30%✓ | 2.66% |
| Distribution Frequency | Monthly | Quarterly |
| Inception Date | 2024-02-06 | 2001-03-19 |
| Holdings Count | 10 | 10 |
| MorningStar Rating | — | ★★★ |
| Category | Energy Equity | Energy Equity |
| Beta | 0.00 | 0.91 |
| 52-Week High | $17.89 | $28.86 |
| 52-Week Low | $11.20 | $15.85 |
| 50-Day MA | $16.83 | $26.60 |
| 200-Day MA | $15.01 | $21.58 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | EMAX | XEG |
|---|---|---|
| YTD | +20.84% | +39.39%✓ |
| 1 Year | +10.41% | +66.33%✓ |
| 3 Year | — | +27.45% |
| 5 Year | — | +29.87% |
| 10 Year | — | +11.16% |
| 1Y Volatility | 18.15% | 21.01% |
| Sharpe Ratio (3Y) | — | 1.13 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | SLB | Schlumberger NV | 5.70% |
| 2 | HAL | Halliburton Company | 5.67% |
| 3 | CVE | Cenovus Energy Inc | 5.59% |
| 4 | BKR | Baker Hughes Co | 5.55% |
| 5 | FANG | Diamondback Energy Inc | 5.32% |
| 6 | SU | Suncor Energy Inc | 5.26% |
| 7 | IMO | Imperial Oil Ltd | 5.25% |
| 8 | MPC | Marathon Petroleum Corp | 5.21% |
| 9 | DVN | Devon Energy Corporation | 5.17% |
| 10 | VLO | Valero Energy Corporation | 5.11% |
| 1 | SU | Suncor Energy Inc | 26.42% |
| 2 | CNQ | Canadian Natural Resources Ltd | 22.68% |
| 3 | CVE | Cenovus Energy Inc | 13.03% |
| 4 | IMO | Imperial Oil Ltd | 6.61% |
| 5 | TOU | Tourmaline Oil Corp. | 5.86% |
| 6 | WCP | Whitecap Resources Inc. | 4.71% |
| 7 | ARX | ARC Resources Ltd. | 4.46% |
| 8 | PSK | PrairieSky Royalty Ltd | 1.94% |
| 9 | TVE | Tamarack Valley Energy Ltd | 1.50% |
| 10 | ATH | Athabasca Oil Corp | 1.39% |
Sector Weights
| Sector | EMAX | XEG |
|---|---|---|
| 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 | 100.00% | 100.00% |
| Financial Services | 0.00% | 0.00% |
| Healthcare | 0.00% | 0.00% |
| Industrials | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% |
| Technology | 0.00% | 0.00% |
| Utilities | 0.00% | 0.00% |
About EMAX
Hamilton Energy YIELD MAXIMIZER ETF (EMAX.TO) is a Canadian-listed ETF traded on the Toronto Stock Exchange. More detailed information will be available soon.
About XEG
iShares S&P/TSX Capped Energy Index ETF (XEG.TO) is a Canadian-listed ETF traded on the Toronto Stock Exchange. More detailed information will be available soon.
Which ETF is Right for You?
Both EMAX and XEG 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, XEG 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 EMAX and XEG?
EMAX (Hamilton Energy YIELD MAXIMIZER ETF) and XEG (iShares S&P/TSX Capped Energy Index ETF) are both Canadian-listed ETFs. Key differences include their AUM ($481M vs $2.27B), dividend yield (10.30% vs 2.66%), and year-to-date performance (+20.84% vs +39.39%).
Is EMAX better than XEG?
There is no single "better" ETF — it depends on your investment goals. If you prioritise dividends, compare both yields and choose based on your income needs. Always review the fund's prospectus and consider your tax situation.
Can I buy EMAX and XEG on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both EMAX and XEG should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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