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Harvest Healthcare Leaders Income ETF (HHL.TO) Sharpe Ratio: 0.81

ETF · Currency in CAD · Last updated Jul 22, 2026

The Harvest Healthcare Leaders Income ETF is an equally weighted portfolio of 20 large-cap global healthcare companies, selected for their potential to provide attractive monthly income and long-term growth. An active covered call strategy is employed to enhance monthly distributions.

HHL.TO's Sharpe Ratio of 0.81 indicates that for each unit of volatility, it generates 0.81 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 22, 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. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

HHL.TO Sharpe Ratio Rank

HHL.TO Sharpe Ratio Rank: 29.930
Below Average

HHL.TO ranks above 29.9% 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

HHL.TO Sharpe Ratio Market Positioning

The chart shows HHL.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%): 0.65 or lower
  • Yellow zone (middle 50%): 0.65 to 1.83
  • Green zone (top 25%): 1.83 or higher
  • Top 1%: 6.30+
  • Median: 1.33 — half of all investments score higher

How it compares to other similar ETFs

The table compares Harvest Healthcare Leaders Income ETF's Sharpe Ratio with other ETFs in the Health & Biotech Equities category across multiple time periods, showing how HHL.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 Jul 22, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
XDNA.TOiShares Genomics Immunology and Healthcare Index ETF2.31
FHH.TOFirst Trust AlphaDEX U.S. Health Care Sector Index ETF1.66
LMAX.TOHamilton Healthcare Yield Maximizer ETF1.30
ZHU.TOBMO Equal Weight US Health Care Index ETF1.28
ZUH.TOBMO Equal Weight US Health Care Hedged to CAD Index ETF1.22
XHC.TOiShares Global Healthcare Index ETF (CAD-Hedged)1.22
LONG.TOCI Global Longevity Economy Fund1.13
TDOC.TOTD Global Healthcare Leaders Index ETF1.02
HHL.TOHarvest Healthcare Leaders Income ETF0.81
HHLE.TOHarvest Healthcare Leaders Enhanced Income ETF - Class A Units0.72

S&P 500 Index

How to choose period

Historical Sharpe Ratio

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

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Sharpe Ratio Calculator

How does HHL.TO fit in your portfolio?

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