A side-by-side comparison of Global X Space Tech Index ETF (ORBX) and Hamilton Technology Yield Maximizer ETF (QMAX) 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 | ORBX | QMAX |
|---|---|---|
| YTD Return | +12.25% | +14.53%✓ |
| 1-Day Change | -8.69% | +0.86%✓ |
| 1-Week Change | -4.68% | +4.59%✓ |
| 1-Month Change | -4.64% | +2.92%✓ |
| Current Price | $22.81 | $25.77 |
| AUM | $30M | $958M✓ |
| MER (Expense Ratio) | — | — |
| Dividend Yield | — | 9.47% |
| Distribution Frequency | — | Monthly |
| Inception Date | 2026-04-28 | 2023-10-25 |
| Holdings Count | 1 | 10 |
| MorningStar Rating | — | — |
| Category | Sector Equity | Sector Equity |
| Beta | 0.00 | 0.00 |
| 52-Week High | $31.62 | $26.66 |
| 52-Week Low | $18.93 | $17.68 |
| 50-Day MA | $24.61 | $23.62 |
| 200-Day MA | $24.61 | $22.50 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | ORBX | QMAX |
|---|---|---|
| YTD | +12.25% | +14.53%✓ |
| 1 Year | — | +39.41% |
| 3 Year | — | — |
| 5 Year | — | — |
| 10 Year | — | — |
| 1Y Volatility | — | 29.58% |
| Sharpe Ratio (3Y) | — | — |
Past performance is not a guarantee of future results.
Sector Weights
| Sector | ORBX | QMAX |
|---|---|---|
| Basic Materials | 0.00% | 0.00% |
| Communication Services | 0.00% | 18.01% |
| Consumer Cyclicals | 0.00% | 11.80% |
| Consumer Defensive | 0.00% | 0.00% |
| Energy | 0.00% | 0.00% |
| 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% | 70.19% |
| Utilities | 0.00% | 0.00% |
About ORBX
Global X Space Tech Index ETF is an exchange traded fund launched and managed by Global X Investments Canada Inc. The fund is co-managed by Mirae Asset Global Investments (USA) LLC. The fund invests in public equity markets of the United States and Canada region. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Global X Space Te…
About QMAX
Hamilton Technology Yield Maximizer ETF (QMAX.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 ORBX and QMAX 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, QMAX 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 ORBX and QMAX?
ORBX (Global X Space Tech Index ETF) and QMAX (Hamilton Technology Yield Maximizer ETF) are both Canadian-listed ETFs. Key differences include their AUM ($30M vs $958M), dividend yield (N/A vs 9.47%), and year-to-date performance (+12.25% vs +14.53%).
Is ORBX better than QMAX?
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 ORBX and QMAX on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both ORBX and QMAX should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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