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Harvest Global Gold Giants Index ETF (HGGG.TO) Sharpe Ratio: 1.69

ETF · Currency in CAD · Last updated Jun 4, 2026

The Harvest Global Gold Giants Index ETF provides investors with exposure to large-scale, profitable gold mining companies, aiming to minimize the impact of fluctuating gold prices on the portfolio.

HGGG.TO's Sharpe Ratio of 1.69 indicates that for each unit of volatility, it generates 1.69 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.

HGGG.TO Sharpe Ratio Rank

HGGG.TO Sharpe Ratio Rank: 49.149
Average

HGGG.TO ranks above 49.1% of all investments in our database based on Sharpe Ratio over the past 12 months, showing balanced returns relative to total risk taken. 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

  • Returns are proportional to volatility—neither strong nor weak
  • Evaluate whether the volatility profile aligns with your risk tolerance
  • Review higher-ranked alternatives in the same category
  • Monitor rank direction to identify improving or deteriorating trends

HGGG.TO Sharpe Ratio Market Positioning

The chart shows HGGG.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%: 7.80+
  • Median: 1.68 — half of all investments score higher

How it compares to other similar ETFs

The table compares Harvest Global Gold Giants Index ETF's Sharpe Ratio with other ETFs in the Gold category across multiple time periods, showing how HGGG.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.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
ZGD.TOBMO Equal Weight Global Gold Index ETF1.87
HGGG.TOHarvest Global Gold Giants Index ETF1.69
GLCL.TOGlobal X Enhanced Gold Producer Equity Covered Call ETF1.49
GLCC.TOGlobal X Gold Producer Equity Covered Call ETF1.45
KILO-B.TOPurpose Gold Bullion Fund ETF Non-Currency Hedged1.37
ZGLD.TOBMO Gold Bullion ETF (CAD Units)1.35
CGL-C.TOiShares Gold Bullion ETF1.33
AMAX.TOHamilton Gold Producer YIELD MAXIMIZER ETF1.21
ZGLH.TOBMO Gold Bullion Hedged to CAD ETF1.16
CGXF.TOCI Gold+ Giants Covered Call ETF Common1.13

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows HGGG.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 HGGG.TO consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does HGGG.TO fit in your portfolio?

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