RMAX.TO Review: Hamilton REITs YIELD MAXIMIZER ETF - Canada
Hamilton REITs YIELD MAXIMIZER ETF - Canada (RMAX.TO) is a sector based fund - real estate listed on the TSX. Below is our independent review using the Dependable Income Investing 13-factor scoring system, covering Fund Attributes, Risk, and Return — designed specifically for income-focused investors.
Fund Attributes 20% of overall score
Fund Attributes cover the foundational characteristics of RMAX.TO: cost, company backing, track record, and size. These factors reflect the fund's stability and cost-efficiency.
Expense Ratio (25%)
MER is 0.79% per the ETF Facts document dated 2025-08-14 (TER 0.15% - total ETF expenses 0.94%). The 0.65% figure on the product page is the management fee only - not the MER.
Fund Company Size (5%)
Hamilton ETFs states it has over $18 billion in assets under management and is Canada's largest independent ETF provider per the firm's website.
Fund History (40%)
Fund inception was June 18 2024 - approximately 2 years and 2 months old as of the August 15 2026 review date. Past the 2-year mark so it rounds up to the 3-year bracket.
Fund AUM (30%)
Fund assets were $166.7 million CAD as at August 13 2026 per the fund's performance page - above the $100M threshold but below the $200M threshold.
Risk 35% of overall score
Risk factors evaluate how RMAX.TO manages volatility, diversification, and the nature of its underlying assets. These are critical for income investors who prioritise capital preservation.
Volatility
Lower volatility may indicate more stability — important for investors living off their income.
Beta is 0.29 vs SPY over the fund's history (2024-06-28 to 2026-08-15) per calculation result - very low market sensitivity (beta score 5). Since |beta| < 0.4 the standalone volatility score applies: standalone volatility is 12.57% annualized (weekly total returns) which scores 4. Combined Volatility rating is 4.
Sector Diversification
Holding across more sectors reduces the impact of any single industry downturn.
Geographic Diversification
Exposure across geographies can reduce risk from any single country's economic conditions.
Fund Risk
The fund's overall risk profile, based on self-reported classifications where available.
Underlying Assets
What the fund actually holds — stocks, bonds, synthetics, or other funds — affects risk profile significantly.
See our full Risk analysis for RMAX.TO — including analyst notes on volatility, diversification, and underlying assets.
View Plans →Return 45% of overall score
Return factors assess the income generation quality of RMAX.TO: current yield, distribution consistency, price history, and payment frequency. This is the most heavily weighted category for income investors.
Yield
The current dividend yield, reflecting the annual income generated relative to fund price.
Yield Stability
How consistent the distribution amounts have been over time — critical for income investors who budget around payments.
Capital History
The fund's track record of price appreciation or depreciation, reflecting total return alongside income.
Distribution Frequency
How often the fund pays distributions — monthly payments are generally preferred by income investors.
Monthly distributions confirmed by the fund's distribution history table (10 consecutive monthly payments from October 2025 to July 2026).
See our full Return analysis for RMAX.TO — yield rating, distribution consistency score, 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 is designed to answer the question income investors care about most: can I depend on this fund to pay me reliably?
Full scores, ratings, and analyst notes are available in the Dependable Income Investing app.
See our full scoring methodology →
Frequently Asked Questions About RMAX.TO
What is RMAX.TO's expense ratio?
MER is 0.79% per the ETF Facts document dated 2025-08-14 (TER 0.15% - total ETF expenses 0.94%). The 0.65% figure on the product page is the management fee only - not the MER.
How long has RMAX.TO been trading?
Fund inception was June 18 2024 - approximately 2 years and 2 months old as of the August 15 2026 review date. Past the 2-year mark so it rounds up to the 3-year bracket.
How large is RMAX.TO by assets under management?
Fund assets were $166.7 million CAD as at August 13 2026 per the fund's performance page - above the $100M threshold but below the $200M threshold.
Who manages RMAX.TO?
Hamilton ETFs states it has over $18 billion in assets under management and is Canada's largest independent ETF provider per the firm's website.
Where can I see the full RMAX.TO review?
The complete 13-factor review — including all Risk and Return scores, analyst notes, and your Dependability Score — is available in the Dependable Income Investing app.
Does RMAX.TO pay monthly dividends?
Monthly distributions confirmed by the fund's distribution history table (10 consecutive monthly payments from October 2025 to July 2026). Full distribution history and yield stability score are available in the Dependable Income Investing app.
Is RMAX.TO a high-volatility fund?
Beta is 0.29 vs SPY over the fund's history (2024-06-28 to 2026-08-15) per calculation result - very low market sensitivity (beta score 5). Since |beta| < 0.4 the standalone volatility score applies: standalone volatility is 12.57% annualized (weekly total returns) which scores 4. Combined Volatility rating is 4. See the full volatility score and risk analysis in the Dependable Income Investing app.
How often does RMAX.TO pay distributions?
Monthly distributions confirmed by the fund's distribution history table (10 consecutive monthly payments from October 2025 to July 2026). Distribution consistency and yield stability ratings are available in the app.
See the Full RMAX.TO Review
The Dependable Income Investing app gives you the complete picture: all 13 scoring factors, analyst notes, Dependability Score, and tools to compare RMAX.TO against other income funds side by side.
View Plans →Also available: free fund comparison tools in the app.