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Harvest Bitcoin Enhanced Income ETF (HBIX.NEO) Diversifiers

ETF · Currency in CAD · Last updated Jun 25, 2026

The Harvest Bitcoin Enhanced Income ETF (HBIX) invests all its assets in one or more exchange-traded funds that provide exposure to the movement of the price of Bitcoin. It employs an active covered call writing strategy with up to 50% write-level to generate monthly cash distributions and utilizes modest leverage of approximately 25% to enhance income and growth potential.

Looking to diversify beyond HBIX.NEO? The ETFs below have the lowest correlation with HBIX.NEO — 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 HBIX.NEO.

Best Diversifiers for HBIX.NEO

8 ETFs have low correlation with HBIX.NEO (below 0.3), 0 of which are negatively correlated.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
CASH.TO
Global X High Interest Savings ETF0.04——
99
Money MarketHBIX.NEO vs CASH.TO
HUTL.TO
Harvest Equal Weight Global Utilities Income ETF0.04——
58
Utilities EquitiesHBIX.NEO vs HUTL.TO
HUTE.TO
Harvest Equal Weight Global Utilities Enhanced Inc...0.05——
56
Derivative Income, Utilities EquitiesHBIX.NEO vs HUTE.TO
ENCL.TO
Global X Enhanced Canadian Oil and Gas Equity Cove...0.070.07—
77
Energy Equities, Derivative IncomeHBIX.NEO vs ENCL.TO
HVOI.TO
Harvest Low Volatility Canadian Equity Income ETF ...0.16——
73
Canada EquitiesHBIX.NEO vs HVOI.TO
See all 16 diversifiers for HBIX.NEO

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Diversification Analysis

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