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Harvest Coinbase Enhanced High Income Shares ETF (CNYE.TO) Diversifiers

ETF · Currency in CAD · Last updated Jun 5, 2026

The Harvest Coinbase Enhanced High Income Shares ETF seeks to provide unitholders with long-term capital appreciation through purchasing and holding common stock of Coinbase Global, Inc. and generate high monthly cash distributions through an active covered call writing strategy.

Looking to diversify beyond CNYE.TO? The ETFs below have the lowest correlation with CNYE.TO — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from CNYE.TO.

Best Diversifiers for CNYE.TO

15 ETFs have low correlation with CNYE.TO (below 0.3), 7 of which are negatively correlated.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
UTES.TO
Evolve Canadian Utilities Enhanced Yield Index Fun...-0.16——
82
Derivative IncomeCNYE.TO vs UTES.TO
UMAX.TO
Hamilton Utilities YIELD MAXIMIZER ETF-0.10-0.02—
64
Derivative Income, Utilities EquitiesCNYE.TO vs UMAX.TO
ZWU.TO
BMO Covered Call Utilities ETF-0.07-0.06-0.06
65
Utilities Equities, Derivative IncomeCNYE.TO vs ZWU.TO
ENCC.TO
Global X Canadian Oil and Gas Equity Covered Call ...-0.06——
89
Derivative Income, Energy EquitiesCNYE.TO vs ENCC.TO
ENCL.TO
Global X Enhanced Canadian Oil and Gas Equity Cove...-0.040.090.09
88
Oil & Gas, Derivative IncomeCNYE.TO vs ENCL.TO
See all 28 diversifiers for CNYE.TO

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Diversification Analysis

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