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Harvest Diversified High Income Shares ETF (HHIS.TO) Sharpe Ratio: 1.38

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

The ETF aims to deliver consistent, high monthly income and growth opportunities by investing in a multi-sector portfolio of single-stock ETFs that utilize a covered call strategy with modest leverage.

HHIS.TO's Sharpe Ratio of 1.38 indicates that for each unit of volatility, it generates 1.38 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.

HHIS.TO Sharpe Ratio Rank

HHIS.TO Sharpe Ratio Rank: 37.638
Below Average

HHIS.TO ranks above 37.6% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-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

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

HHIS.TO Sharpe Ratio Market Positioning

The chart shows HHIS.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%): 0.85 or lower
  • Yellow zone (middle 50%): 0.85 to 2.40
  • Green zone (top 25%): 2.40 or higher
  • Top 1%: 7.80+
  • Median: 1.69 — half of all investments score higher

How it compares to other similar ETFs

The table compares Harvest Diversified High Income Shares ETF's Sharpe Ratio with other ETFs in the Derivative Income category across multiple time periods, showing how HHIS.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
HLIF.TOHarvest Canadian Equity Income Leaders ETF Class A5.30
CBNK.TOMulvihill Canadian Bank Enhanced Yield ETF5.12
BANK.TOEvolve Canadian Banks and Lifecos Enhanced Yield Index Fund4.59
BKCL.TOGlobal X Enhanced Equal Weight Canadian Banks Covered Call ETF4.25
GOGY.TOHarvest Alphabet Enhanced High Income Shares ETF Class A Units4.08
BKCC.TOGlobal X Equal Weight Canadian Bank Covered Call ETF4.06
YGOG.NEOAlphabet (GOOGL) Yield Shares Purpose ETF3.77
HDIV.TOHamilton Enhanced Canadian Covered Call ETF3.67
ZWC.TOBMO CA High Dividend Covered Call ETF3.61
SMAX.TOHamilton U.S. Equity YIELD MAXIMIZER ETF3.61
HHIS.TOHarvest Diversified High Income Shares ETF1.38

S&P 500 Index

How to choose period

Historical Sharpe Ratio

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

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Sharpe Ratio Calculator

How does HHIS.TO fit in your portfolio?

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