HBF.TO Alternatives & Similar ETFs

Harvest US Equity Leaders Income ETF Class A (CAD Hedged) (HBF.TO) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HBF.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to HBF.TO

HBF.TO charges 0.75% annually. There are 57 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.04%.

Symbol	Name	Expense Ratio	AUM	Inception
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	0.04%	250.98M	Jul 2023	HBF.TO vs USCL.TO
ECHI.TO	Ninepoint Enhanced Canadian HighShares ETF	0.29%	—	Aug 2025	HBF.TO vs ECHI.TO
EQLI.TO	Invesco S&P 500 Equal Weight Income Advantage ETF	0.29%	155.19M	Nov 2025	HBF.TO vs EQLI.TO
JEPQ.TO	JPMorgan Nasdaq Equity Premium Income Active ETF	0.35%	136.22M	Sep 2024	HBF.TO vs JEPQ.TO
JEPI.TO	JPMorgan US Equity Premium Income Active ETF	0.35%	—	Sep 2024	HBF.TO vs JEPI.TO

Best Risk-Adjusted Alternatives to HBF.TO

HBF.TO has a PortfoliosLab risk / return rank of 66. There are 34 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 98.

Symbol	Name	Risk / Return Rank	AUM	Inception
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	98	—	Jun 2022	HBF.TO vs HLIF.TO
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	98	—	Feb 2022	HBF.TO vs CBNK.TO
BANK.TO	Evolve Canadian Banks and Lifecos Enhanced Yield I...	97	1.16B	Feb 2022	HBF.TO vs BANK.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	97	4.65B	Jan 2011	HBF.TO vs ZWB.TO
BKCL.TO	Global X Enhanced Equal Weight Canadian Banks Cove...	97	197.22M	Jul 2023	HBF.TO vs BKCL.TO

Top Performing HBF.TO Alternatives (YTD)

HBF.TO is at 5.63% YTD. There are 62 ETFs in the Derivative Income category with higher YTD returns, going as high as 41.95%.

Symbol	Name	YTD Return	AUM	Inception
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	41.95%	—	Feb 2022	HBF.TO vs CBNK.TO
ENCL.TO	Global X Enhanced Canadian Oil and Gas Equity Cove...	30.80%	267.19M	Oct 2023	HBF.TO vs ENCL.TO
YAVG.NEO	Broadcom (AVGO) Yield Shares Purpose ETF	28.52%	—	Feb 2025	HBF.TO vs YAVG.NEO
BANK.TO	Evolve Canadian Banks and Lifecos Enhanced Yield I...	27.46%	1.16B	Feb 2022	HBF.TO vs BANK.TO
BKCL.TO	Global X Enhanced Equal Weight Canadian Banks Cove...	26.81%	197.22M	Jul 2023	HBF.TO vs BKCL.TO

Lowest Volatility Alternatives to HBF.TO

HBF.TO has 10.70% 1-year volatility. There are 18 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 1.62%.

Symbol	Name	Volatility 1Y	AUM	Inception
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	1.62%	227.30M	Sep 2024	HBF.TO vs HBIL.TO
HPYM.TO	Harvest Premium Yield 7-10 Year Treasury ETF - Cla...	4.66%	230.93M	Jan 2024	HBF.TO vs HPYM.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	6.88%	1.36B	Jun 2023	HBF.TO vs UMAX.TO
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	6.98%	—	Jun 2022	HBF.TO vs HLIF.TO
ZWU.TO	BMO Covered Call Utilities ETF	7.68%	2.20B	Oct 2011	HBF.TO vs ZWU.TO

Lowest Drawdown Alternatives to HBF.TO

HBF.TO has a 1-year max drawdown of -7.79%. There are 23 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -0.95%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	-0.95%	227.30M	Sep 2024	HBF.TO vs HBIL.TO
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	-3.09%	—	Jun 2022	HBF.TO vs HLIF.TO
HPYM.TO	Harvest Premium Yield 7-10 Year Treasury ETF - Cla...	-3.87%	230.93M	Jan 2024	HBF.TO vs HPYM.TO
ZWU.TO	BMO Covered Call Utilities ETF	-4.86%	2.20B	Oct 2011	HBF.TO vs ZWU.TO
DXQ.TO	Dynamic Active Enhanced Yield Covered Options ETF	-5.11%	—	Sep 2022	HBF.TO vs DXQ.TO

Other ETFs from Harvest Portfolios Group

The 2 most viewed Harvest Portfolios Group ETFs shown here include HPYE.TO, METE.TO and span 4 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
HPYE.TO	Harvest Premium Yield Enhanced ETF	Derivative Income, Leveraged Equities, Large Cap Blend Equities	—	—	—	Jan 2026	HBF.TO vs HPYE.TO
METE.TO	Harvest Meta Enhanced High Income Shares ETF - Cla...	Derivative Income, Leveraged Equities, Communications Equities	—	—	—	Jan 2025	HBF.TO vs METE.TO

Often Compared With HBF.TO

Investors most often compare HBF.TO with YGOG.NEO, XTOT.TO, RUD.TO. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
YGOG.NEO	Alphabet (GOOGL) Yield Shares Purpose ETF	Derivative Income, Technology Equities	93	7.18%	63.10M	Dec 2022	HBF.TO vs YGOG.NEO
XTOT.TO	iShares Core S&P Total U.S. Stock Market Index ETF	Large Cap Blend Equities	66	12.59%	—	May 2025	HBF.TO vs XTOT.TO
RUD.TO	RBC Quant U.S. Dividend Leaders ETF (CAD)	Large Cap Blend Equities, Dividend	66	10.65%	961.23M	Jan 2014	HBF.TO vs RUD.TO
HPYB.TO	Harvest Premium Yield Canadian Bank ETF	Large Cap Blend Equities	—	—	—	Jan 2026	HBF.TO vs HPYB.TO
FLUS.TO	Franklin U.S. Large Cap Multifactor Index ETF	Large Cap Blend Equities	62	14.55%	140.28M	May 2017	HBF.TO vs FLUS.TO
GOGY.TO	Harvest Alphabet Enhanced High Income Shares ETF C...	Derivative Income	94	13.52%	—	Mar 2025	HBF.TO vs GOGY.TO
XUU.TO	iShares Core S&P U.S. Total Market Index ETF	Large Cap Blend Equities	70	12.63%	4.65B	Feb 2015	HBF.TO vs XUU.TO
BKCC.TO	Global X Equal Weight Canadian Bank Covered Call E...	Derivative Income	96	21.49%	395.62M	May 2011	HBF.TO vs BKCC.TO
CNQE.TO	Harvest CNQ Enhanced High Income Shares ETF	Derivative Income	—	22.02%	—	Aug 2025	HBF.TO vs CNQE.TO
XUSC.TO	iShares S&P 500 3% Capped Index ETF (CAD Units)	Large Cap Blend Equities, S&P 500	79	13.37%	—	Jul 2024	HBF.TO vs XUSC.TO
HUTE.TO	Harvest Equal Weight Global Utilities Enhanced Inc...	Derivative Income, Utilities Equities	56	13.36%	101.38M	Oct 2022	HBF.TO vs HUTE.TO
NXF.TO	CI Energy Giants Covered Call ETF Common Units (CA...	Energy Equities, Derivative Income	39	19.97%	116.28M	Feb 2015	HBF.TO vs NXF.TO
XMU.TO	iShares MSCI Min Vol USA Index ETF	Large Cap Blend Equities	13	4.36%	332.47M	Jul 2012	HBF.TO vs XMU.TO
ZLU.TO	BMO Low Volatility US Equity ETF (CAD)	Large Cap Blend Equities	33	11.73%	2.41B	Mar 2013	HBF.TO vs ZLU.TO
SMVP.TO	HAMILTON CHAMPIONS U.S. Dividend Index ETF (CAD He...	Large Cap Blend Equities	37	7.08%	—	Jan 2025	HBF.TO vs SMVP.TO
HPYT.TO	Harvest Premium Yield Treasury ETF A	Derivative Income	15	0.58%	377.33M	May 2024	HBF.TO vs HPYT.TO
QUU.TO	Mackenzie US Large Cap Equity Index ETF	Large Cap Blend Equities	73	12.13%	6.24B	Jan 2018	HBF.TO vs QUU.TO
VEQT.TO	Vanguard All-Equity ETF Portfolio	Global Equities	82	13.11%	14.70B	Jan 2019	HBF.TO vs VEQT.TO
COW.TO	iShares Global Agriculture Index ETF	Large Cap Blend Equities	10	13.43%	280.03M	Dec 2007	HBF.TO vs COW.TO
CRCY.TO	Harvest Circle Enhanced High Income Shares ETF Cla...	Derivative Income	—	-14.04%	—	Sep 2025	HBF.TO vs CRCY.TO

Compare HBF.TO with Any Fund or Stock

Compare HBF.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair HBF.TO with funds that move differently

Harvest US Equity Leaders Income ETF Class A (CAD Hedged) alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HBF.TO.

Explore HBF.TO Diversifiers

Harvest US Equity Leaders Income ETF Class A (CAD Hedged) (HBF.TO) Alternatives