Harvest Diversified Monthly Income ETF - Class A Units (HDIF.TO) Sharpe Ratio: 2.29

HDIF.TO's Sharpe Ratio of 2.29 indicates that for each unit of volatility, it generates 2.29 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 4, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

HDIF.TO Sharpe Ratio Rank

Above Average

HDIF.TO ranks above 67.8% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating above-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

Strong returns with low total volatility → Higher rank
High volatility (both upside and downside) → Lower rank
Consistent returns → Higher rank than volatile returns of same magnitude
Sharp drawdowns increase volatility → Lower rank

What you can do with this information

Above-average risk-adjusted returns with room for improvement
Compare against category peers to gauge relative positioning
Monitor for movement toward top tier or decline toward median
Consider pairing with top-tier holdings to improve portfolio efficiency

HDIF.TO Sharpe Ratio Market Positioning

The chart shows HDIF.TO's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

Red zone (bottom 25%): 0.84 or lower
Yellow zone (middle 50%): 0.84 to 2.40
Green zone (top 25%): 2.40 or higher
Top 1%: 7.77+
Median: 1.69 — half of all investments score higher

How it compares to other similar ETFs

The table compares Harvest Diversified Monthly Income ETF - Class A Units's Sharpe Ratio with other ETFs in the Derivative Income category across multiple time periods, showing how HDIF.TO's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 4, 2026.

Symbol	Name	1Y Sharpe Ratio
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	5.30
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	5.12
BANK.TO	Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund	4.59
BKCL.TO	Global X Enhanced Equal Weight Canadian Banks Covered Call ETF	4.25
GOGY.TO	Harvest Alphabet Enhanced High Income Shares ETF Class A Units	4.08
BKCC.TO	Global X Equal Weight Canadian Bank Covered Call ETF	4.06
YGOG.NEO	Alphabet (GOOGL) Yield Shares Purpose ETF	3.77
HDIV.TO	Hamilton Enhanced Canadian Covered Call ETF	3.67
ZWC.TO	BMO CA High Dividend Covered Call ETF	3.61
SMAX.TO	Hamilton U.S. Equity YIELD MAXIMIZER ETF	3.61
HDIF.TO	Harvest Diversified Monthly Income ETF - Class A Units	2.29

Benchmark Against

Benchmark

S&P 500 Index

Lookback Period

How to choose period

Historical Sharpe Ratio

The chart shows HDIF.TO's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when HDIF.TO consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does HDIF.TO fit in your portfolio?

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