HDIF.TO Alternatives & Similar ETFs

Harvest Diversified Monthly Income ETF - Class A Units (HDIF.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 HDIF.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to HDIF.TO

HDIF.TO charges 2.47% annually. There are 75 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%	249.48M	Jul 2023	HDIF.TO vs USCL.TO
ECHI.TO	Ninepoint Enhanced Canadian HighShares ETF	0.29%	—	Aug 2025	HDIF.TO vs ECHI.TO
EQLI.TO	Invesco S&P 500 Equal Weight Income Advantage ETF	0.29%	155.19M	Nov 2025	HDIF.TO vs EQLI.TO
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	0.35%	235.30M	Sep 2024	HDIF.TO vs HBIL.TO
JEPI.TO	JPMorgan US Equity Premium Income Active ETF	0.35%	—	Sep 2024	HDIF.TO vs JEPI.TO

Best Risk-Adjusted Alternatives to HDIF.TO

HDIF.TO has a PortfoliosLab risk / return rank of 68. There are 36 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	HDIF.TO vs HLIF.TO
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	96	—	Feb 2022	HDIF.TO vs CBNK.TO
BANK.TO	Evolve Canadian Banks and Lifecos Enhanced Yield I...	96	1.08B	Feb 2022	HDIF.TO vs BANK.TO
BKCL.TO	Global X Enhanced Equal Weight Canadian Banks Cove...	95	187.53M	Jul 2023	HDIF.TO vs BKCL.TO
BKCC.TO	Global X Equal Weight Canadian Bank Covered Call E...	94	370.01M	May 2011	HDIF.TO vs BKCC.TO

Top Performing HDIF.TO Alternatives (YTD)

HDIF.TO is at 11.54% YTD. There are 40 ETFs in the Derivative Income category with higher YTD returns, going as high as 59.96%.

Symbol	Name	YTD Return	AUM	Inception
YAVG.NEO	Broadcom (AVGO) Yield Shares Purpose ETF	59.96%	—	Feb 2025	HDIF.TO vs YAVG.NEO
AVGY.TO	Harvest Broadcom Enhanced High Income Shares ETF -...	42.92%	—	Mar 2025	HDIF.TO vs AVGY.TO
CNQE.TO	Harvest CNQ Enhanced High Income Shares ETF	39.35%	—	Aug 2025	HDIF.TO vs CNQE.TO
ENCL.TO	Global X Enhanced Canadian Oil and Gas Equity Cove...	36.58%	286.32M	Oct 2023	HDIF.TO vs ENCL.TO
NXF.TO	CI Energy Giants Covered Call ETF Common Units (CA...	32.43%	116.31M	Feb 2015	HDIF.TO vs NXF.TO

Lowest Volatility Alternatives to HDIF.TO

HDIF.TO has 12.67% 1-year volatility. There are 33 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 1.66%.

Symbol	Name	Volatility 1Y	AUM	Inception
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	1.66%	235.30M	Sep 2024	HDIF.TO vs HBIL.TO
HPYM.TO	Harvest Premium Yield 7-10 Year Treasury ETF - Cla...	4.53%	226.83M	Jan 2024	HDIF.TO vs HPYM.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	6.65%	1.34B	Jun 2023	HDIF.TO vs UMAX.TO
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	6.85%	—	Jun 2022	HDIF.TO vs HLIF.TO
ZWU.TO	BMO Covered Call Utilities ETF	7.59%	2.17B	Oct 2011	HDIF.TO vs ZWU.TO

Lowest Drawdown Alternatives to HDIF.TO

HDIF.TO has a 1-year max drawdown of -8.79%. There are 31 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%	235.30M	Sep 2024	HDIF.TO vs HBIL.TO
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	-3.09%	—	Jun 2022	HDIF.TO vs HLIF.TO
HPYM.TO	Harvest Premium Yield 7-10 Year Treasury ETF - Cla...	-3.85%	226.83M	Jan 2024	HDIF.TO vs HPYM.TO
HUTE.TO	Harvest Equal Weight Global Utilities Enhanced Inc...	-4.57%	97.17M	Oct 2022	HDIF.TO vs HUTE.TO
ZWU.TO	BMO Covered Call Utilities ETF	-4.86%	2.17B	Oct 2011	HDIF.TO vs ZWU.TO

Other ETFs from Harvest

The 10 most viewed Harvest ETFs shown here include HHIS.TO, MSTE.TO, HHIC.TO and span 5 categories. AUM among these funds goes as high as $2B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
HHIS.TO	Harvest Diversified High Income Shares ETF	Derivative Income	32	9.32%	1.82B	Jan 2025	HDIF.TO vs HHIS.TO
MSTE.TO	Harvest MicroStrategy Enhanced High Income Shares ...	Derivative Income	1	-20.32%	—	Mar 2025	HDIF.TO vs MSTE.TO
HHIC.TO	Harvest Canadian High Income Shares ETF	Canada Equities, Derivative Income	—	13.62%	200.58M	Aug 2025	HDIF.TO vs HHIC.TO
HTAE.TO	Harvest Tech Achievers Enhanced Income ETF - Class...	Technology Equities	66	32.62%	110.66M	Oct 2022	HDIF.TO vs HTAE.TO
TSLY.TO	Harvest Tesla Enhanced High Income Shares ETF	Derivative Income	23	-4.02%	278.60M	Jan 2025	HDIF.TO vs TSLY.TO
PLTE.TO	Harvest Palantir Enhanced High Income Shares ETF	Derivative Income	12	-21.07%	—	Jan 2025	HDIF.TO vs PLTE.TO
HHL.TO	Harvest Healthcare Leaders Income ETF	Health & Biotech Equities	13	-8.20%	1.85B	Mar 2020	HDIF.TO vs HHL.TO
NVHE.TO	Harvest NVIDIA Enhanced High Income Shares ETF	Derivative Income	53	19.13%	246.25M	Aug 2024	HDIF.TO vs NVHE.TO
HBIX.NEO	Harvest Bitcoin Enhanced Income ETF	Leveraged Cryptocurrency	3	-28.85%	—	Apr 2025	HDIF.TO vs HBIX.NEO
HTA.TO	Harvest Tech Achievers Growth & Income ETF	Technology Equities	67	26.21%	956.99M	Mar 2020	HDIF.TO vs HTA.TO

Often Compared With HDIF.TO

Investors most often compare HDIF.TO with HDIV.TO, HYLD.TO, XEQT.TO. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
HDIV.TO	Hamilton Enhanced Canadian Covered Call ETF	Derivative Income	92	16.21%	1.63B	Jul 2021	HDIF.TO vs HDIV.TO
HYLD.TO	Hamilton Enhanced U.S. Covered Call ETF	Derivative Income	75	15.73%	1.29B	Feb 2022	HDIF.TO vs HYLD.TO
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	75	12.29%	18.41B	Aug 2019	HDIF.TO vs XEQT.TO
MQQQ	Tradr 2X Long Triple Q Monthly ETF	Leveraged Equities	66	38.38%	322.55M	Aug 2024	HDIF.TO vs MQQQ
ZMMK.TO	BMO Money Market Fund ETF Series	Money Market	100	0.95%	5.70B	Nov 2021	HDIF.TO vs ZMMK.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	98	20.59%	7.99B	Nov 2012	HDIF.TO vs VDY.TO
VOO	Vanguard S&P 500 ETF	S&P 500	70	10.91%	1.60T	Sep 2010	HDIF.TO vs VOO
BMAX	REX Bitcoin Corporate Treasury Convertible Bond ET...	Convertible Bonds	—	—	5.99M	Mar 2025	HDIF.TO vs BMAX
EIT-UN.TO	Canoe EIT Income Fund	Diversified Portfolio	—	27.79%	—	Aug 1997	HDIF.TO vs EIT-UN.TO
FBAL.NEO	Fidelity All-in-One Balanced ETF	Diversified Portfolio	63	6.89%	8.37B	Jan 2021	HDIF.TO vs FBAL.NEO
FRU.TO	Freehold Royalties Ltd.		93	18.31%	—	—	HDIF.TO vs FRU.TO
BMAX.TO	Brompton Enhanced Multi-Asset Income ETF	Diversified Portfolio	59	9.27%	65.40M	—	HDIF.TO vs BMAX.TO
ZDI.TO	BMO International Dividend ETF	International Equity	46	10.68%	847.71M	Nov 2014	HDIF.TO vs ZDI.TO
HHLE.TO	Harvest Healthcare Leaders Enhanced Income ETF - C...	Health & Biotech Equities	12	-10.95%	102.46M	Oct 2022	HDIF.TO vs HHLE.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	98	19.17%	5.25B	Jun 2017	HDIF.TO vs XDIV.TO
UTES.TO	Evolve Canadian Utilities Enhanced Yield Index Fun...	Derivative Income	75	12.58%	405.53M	Sep 2024	HDIF.TO vs UTES.TO
AMHE.TO	Harvest Amazon Enhanced High Income Shares ETF - C...	Leveraged Equities	23	7.71%	—	Aug 2024	HDIF.TO vs AMHE.TO
CNYE.TO	Harvest Coinbase Enhanced High Income Shares ETF	Derivative Income	4	-30.37%	—	Mar 2025	HDIF.TO vs CNYE.TO
TBIL.TO	Harvest Canadian T-Bill ETF	Money Market	99	0.83%	—	Jan 2024	HDIF.TO vs TBIL.TO
HPYT.TO	Harvest Premium Yield Treasury ETF A	Derivative Income	18	-0.30%	385.04M	May 2024	HDIF.TO vs HPYT.TO

Compare HDIF.TO with Any Fund or Stock

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

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Diversifiers

Pair HDIF.TO with funds that move differently

Harvest Diversified Monthly Income ETF - Class A Units alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HDIF.TO.

Explore HDIF.TO Diversifiers

Harvest Diversified Monthly Income ETF - Class A Units (HDIF.TO) Alternatives