Evolve High Interest Savings Account ETF (HISA.NEO) belongs to the Money Market category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HISA.NEO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HISA.NEO
HISA.NEO charges 0.15% annually. There are 5 ETFs in the Money Market category with lower expense ratios, going as low as 0.11%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Global X High Interest Savings ETF | 0.11% | 6.66B | Nov 2021 | HISA.NEO vs CASH.TO | |
| iShares Premium Money Market ETF | 0.13% | 2.63B | Feb 2008 | HISA.NEO vs CMR.TO | |
| BMO Money Market Fund ETF Series | 0.13% | 5.77B | Nov 2021 | HISA.NEO vs ZMMK.TO | |
| CIBC Premium Cash Management ETF | 0.14% | — | May 2025 | HISA.NEO vs CCAD.TO | |
| BMO USD Cash Management ETF | 0.14% | — | Sep 2023 | HISA.NEO vs ZUCM.TO |
Best Risk-Adjusted Alternatives to HISA.NEO
HISA.NEO has a PortfoliosLab risk / return rank of 99. There are 11 ETFs in the Money Market category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Purpose US Cash Fund | 100 | 877.00 | Feb 2016 | HISA.NEO vs PSU-U.TO | |
| Purpose Cash Management Fund | 100 | 2.90B | Sep 2022 | HISA.NEO vs MNY.TO | |
| Global X USD High Interest Savings ETF | 100 | — | May 2026 | HISA.NEO vs UCSH-U.TO | |
| iShares Premium Money Market ETF | 100 | 2.63B | Feb 2008 | HISA.NEO vs CMR.TO | |
| Purpose USD Cash Management ETF | 100 | — | Apr 2023 | HISA.NEO vs MNU-U.TO |
Top Performing HISA.NEO Alternatives (YTD)
HISA.NEO is at 1.08% YTD. There are 13 ETFs in the Money Market category with higher YTD returns, going as high as 4.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| BMO USD Cash Management ETF | 4.35% | — | Sep 2023 | HISA.NEO vs ZUCM.TO | |
| Purpose USD Cash Management ETF | 1.97% | — | Apr 2023 | HISA.NEO vs MNU-U.TO | |
| Purpose US Cash Fund | 1.86% | 877.00 | Feb 2016 | HISA.NEO vs PSU-U.TO | |
| Evolve US High Interest Savings Account Fund | 1.82% | 618.14M | Aug 2022 | HISA.NEO vs HISU-U.TO | |
| Global X USD High Interest Savings ETF | 1.76% | — | May 2026 | HISA.NEO vs UCSH-U.TO |
Lowest Volatility Alternatives to HISA.NEO
HISA.NEO has 0.42% 1-year volatility. There are 13 ETFs in the Money Market category with lower 1-year volatility, going as low as 0.16%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Purpose Cash Management Fund | 0.16% | 2.90B | Sep 2022 | HISA.NEO vs MNY.TO | |
| Evolve US High Interest Savings Account Fund | 0.19% | 618.14M | Aug 2022 | HISA.NEO vs HISU-U.TO | |
| iShares Premium Money Market ETF | 0.20% | 2.63B | Feb 2008 | HISA.NEO vs CMR.TO | |
| Purpose US Cash Fund | 0.21% | 877.00 | Feb 2016 | HISA.NEO vs PSU-U.TO | |
| Global X High Interest Savings ETF | 0.23% | 6.66B | Nov 2021 | HISA.NEO vs CASH.TO |
Lowest Drawdown Alternatives to HISA.NEO
HISA.NEO has a 1-year max drawdown of -0.18%. There are 12 ETFs in the Money Market category with shallower 1-year drawdowns, going as shallow as 0.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Evolve US High Interest Savings Account Fund | 0.00% | 618.14M | Aug 2022 | HISA.NEO vs HISU-U.TO | |
| iShares Premium Money Market ETF | -0.02% | 2.63B | Feb 2008 | HISA.NEO vs CMR.TO | |
| Global X High Interest Savings ETF | -0.02% | 6.66B | Nov 2021 | HISA.NEO vs CASH.TO | |
| CI High Interest Savings ETF | -0.02% | 4.56B | Jun 2019 | HISA.NEO vs CSAV.TO | |
| Purpose High Interest Savings Fund | -0.02% | 4.10B | Oct 2013 | HISA.NEO vs PSA.TO |
Other ETFs from Evolve
The 10 most viewed Evolve ETFs shown here include BANK.TO, UTES.TO, QQQT.TO and span 6 categories. AUM among these funds goes as high as $1B.
Often Compared With HISA.NEO
Investors most often compare HISA.NEO with CMNY.TO, HSUV-U.TO, TBIL.TO. These 10 comparison targets span 5 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| CI Money Market ETF CAD Series | Money Market | 99 | 1.25% | — | Jul 2023 | HISA.NEO vs CMNY.TO | |
| Global X USD Cash Maximizer Corporate Class ETF | Money Market | 96 | 1.60% | 769.87M | Jun 2020 | HISA.NEO vs HSUV-U.TO | |
| Harvest Canadian T-Bill ETF | Money Market | — | — | — | Jan 2024 | HISA.NEO vs TBIL.TO | |
| Evolve International Equity UltraYield ETF | Derivative Income | — | — | — | Jan 2026 | HISA.NEO vs INTY.TO | |
| Evolve S&P/TSX 60 Enhanced Yield Fund CAD Unhedged | Derivative Income, Canada Equities | 89 | 10.61% | 216.50M | Jan 2023 | HISA.NEO vs ETSX.TO | |
| Evolve Bitcoin ETF CAD | Cryptocurrency | 2 | -24.72% | — | Feb 2021 | HISA.NEO vs EBIT.TO | |
| Evolve Cryptocurrencies ETF | Cryptocurrency | 3 | -26.96% | — | Sep 2021 | HISA.NEO vs ETC.TO | |
| Evolve All-in-One UltraYield ETF | Derivative Income | — | — | — | Mar 2026 | HISA.NEO vs EASY.TO | |
| Vanguard FTSE Canada All Cap Index ETF | Canada Equities | 89 | 12.79% | 16.37B | Aug 2013 | HISA.NEO vs VCN.TO | |
| Global X 0-3 Month T-Bill ETF | Canadian Government Bonds | 99 | 1.10% | 2.39B | Apr 2023 | HISA.NEO vs CBIL.TO |
Compare HISA.NEO with Any Fund or Stock
Compare HISA.NEO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HISA.NEO with funds that move differently
Evolve High Interest Savings Account ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HISA.NEO.
Explore HISA.NEO Diversifiers