ETSX.TO vs BMAX.TO: Income Fund Comparison
Evolve S&P/TSX 60 Enhanced Yield Fund - Canada (ETSX.TO) and Brompton Enhanced Multi-Asset Income ETF - Canada (BMAX.TO) are both income-focused funds. Below is our independent side-by-side review using the Dependable Income Investing 13-factor scoring system — designed specifically for income investors seeking reliable, sustainable distributions.
Also see: ETSX.TO individual review · BMAX.TO individual review
| ETSX.TO | BMAX.TO | |
|---|---|---|
| Fund Name | Evolve S&P/TSX 60 Enhanced Yield Fund - Canada | Brompton Enhanced Multi-Asset Income ETF - Canada |
| Fund Type | Index Based Fund | Diversified Fund |
| Exchange | TSX | TSX |
| Last Reviewed | 2025-12-10 | directly or indirectly |
🔒 Full scores available — with Premium subscription
Compare Performance — Free →Fund Attributes: ETSX.TO vs BMAX.TO 20% of overall score
Fund Attributes cover the foundational characteristics of each fund: cost, company backing, track record, and size. These factors reflect stability and cost-efficiency for long-term income investors.
Management expense ratio is 0.69%
Subject to fees of the underlying ETFs held in the BMAX portfolio. MER is 2.62% as per www.bromptongroup.com/wp-content/uploads/2025/03/BMAX-CAD.pdf
Evolve has about $8 Billion in Assets under management.
Brompton manages 41 TSX listed closed-end and exchange-traded funds with assets under management of over $3 billion.
Fund inception date was January 9 2023.
October 20th 2022 was inception date.
About $157 million in this fund.
"The aggregate Net Asset Value of the Fund was $153 million at Dec 9
Risk: ETSX.TO vs BMAX.TO 35% of overall score
Risk factors evaluate how each fund manages volatility, diversification, and the nature of its underlying assets — critical considerations for income investors who prioritise capital preservation.
See the full Risk analysis for both ETSX.TO and BMAX.TO — volatility ratings, diversification scores, and analyst notes.
View Plans →Return: ETSX.TO vs BMAX.TO 45% of overall score
Return factors assess income generation quality: current yield, distribution consistency, price history, and payment frequency. This is the most heavily weighted category for income investors.
See the full Return analysis for both ETSX.TO and BMAX.TO — yield ratings, distribution consistency scores, and capital history.
View Plans →Our Review Methodology
Every fund reviewed on Dependable Income Investing is scored using our 13-factor Fund Report Card, organised into three weighted categories: Fund Attributes (20%), Risk (35%), and Return (45%). Each criterion is rated 1–5 by our analysts based on publicly available fund data.
We also calculate a Dependability Score — a weighted composite of six income-specific factors ranked by importance for retirement income investors: Yield Stability, Yield, Volatility, Capital History, Fund Risk, and Underlying Assets. This score answers the question income investors care about most: can I depend on this fund to pay me reliably?
Full scores, ratings, and analyst notes for both ETSX.TO and BMAX.TO are available in the Dependable Income Investing app.
Frequently Asked Questions: ETSX.TO vs BMAX.TO
Which has a lower expense ratio, ETSX.TO or BMAX.TO?
ETSX.TO: Management expense ratio is 0.69%
BMAX.TO: Subject to fees of the underlying ETFs held in the BMAX portfolio. MER is 2.62% as per www.bromptongroup.com/wp-content/uploads/2025/03/BMAX-CAD.pdf
Which fund has more assets under management, ETSX.TO or BMAX.TO?
ETSX.TO: About $157 million in this fund.
BMAX.TO: "The aggregate Net Asset Value of the Fund was $153 million at Dec 9
Which fund has been trading longer, ETSX.TO or BMAX.TO?
ETSX.TO: Fund inception date was January 9 2023.
BMAX.TO: October 20th 2022 was inception date.
Who manages ETSX.TO vs BMAX.TO?
ETSX.TO: Evolve has about $8 Billion in Assets under management.
BMAX.TO: Brompton manages 41 TSX listed closed-end and exchange-traded funds with assets under management of over $3 billion.
Where can I see the full ETSX.TO vs BMAX.TO comparison with scores?
The complete side-by-side comparison — including all Risk and Return scores, analyst notes, Overall Score, and Dependability Score for both funds — is available in the Dependable Income Investing app.
See the Full ETSX.TO vs BMAX.TO Comparison
The Dependable Income Investing app gives you the complete picture: all 13 scoring factors for both funds, Risk and Return analyst notes, Dependability Scores, and tools to compare any income fund side by side.
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