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Harvest Premium Yield Treasury ETF A (HPYT.TO) Alternatives

ETF · Currency in CAD · Last updated Jul 17, 2026

Harvest Premium Yield Treasury ETF aims to provide high monthly cash distributions by investing in a portfolio of ETFs that primarily expose it to longer-dated U.S. treasury bonds and by writing covered call options on up to 100% of the portfolio securities.

Harvest Premium Yield Treasury ETF A (HPYT.TO) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HPYT.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to HPYT.TO

HPYT.TO charges 0.45% annually. There are 24 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.29%.

SymbolNameExpense RatioAUMInception
ECHI.TO
Ninepoint Enhanced Canadian HighShares ETF0.29%—Aug 2025HPYT.TO vs ECHI.TO
EQLI.TO
Invesco S&P 500 Equal Weight Income Advantage ETF0.29%169.56MNov 2025HPYT.TO vs EQLI.TO
HBIL.TO
Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...0.35%224.00MSep 2024HPYT.TO vs HBIL.TO
JEPQ.TO
JPMorgan Nasdaq Equity Premium Income Active ETF0.35%136.22MSep 2024HPYT.TO vs JEPQ.TO
JEPI.TO
JPMorgan US Equity Premium Income Active ETF0.35%—Sep 2024HPYT.TO vs JEPI.TO

Best Risk-Adjusted Alternatives to HPYT.TO

HPYT.TO has a PortfoliosLab risk / return rank of 15. There are 80 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 98.

SymbolNameRisk / Return RankAUMInception
HLIF.TO
Harvest Canadian Equity Income Leaders ETF Class A
98
180.28MJun 2022HPYT.TO vs HLIF.TO
CBNK.TO
Mulvihill Canadian Bank Enhanced Yield ETF
98
—Feb 2022HPYT.TO vs CBNK.TO
BANK.TO
Evolve Canadian Banks and Lifecos Enhanced Yield I...
98
1.26BFeb 2022HPYT.TO vs BANK.TO
ZWB.TO
BMO Covered Call Canadian Banks ETF
98
4.84BJan 2011HPYT.TO vs ZWB.TO
BKCL.TO
Global X Enhanced Equal Weight Canadian Banks Cove...
97
198.10MJul 2023HPYT.TO vs BKCL.TO

Top Performing HPYT.TO Alternatives (YTD)

HPYT.TO is at -1.46% YTD. There are 84 ETFs in the Derivative Income category with higher YTD returns, going as high as 48.96%.

SymbolNameYTD ReturnAUMInception
CBNK.TO
Mulvihill Canadian Bank Enhanced Yield ETF
48.96%
—Feb 2022HPYT.TO vs CBNK.TO
ENCL.TO
Global X Enhanced Canadian Oil and Gas Equity Cove...
35.60%
271.10MOct 2023HPYT.TO vs ENCL.TO
BANK.TO
Evolve Canadian Banks and Lifecos Enhanced Yield I...
34.14%
1.26BFeb 2022HPYT.TO vs BANK.TO
BKCL.TO
Global X Enhanced Equal Weight Canadian Banks Cove...
31.92%
198.10MJul 2023HPYT.TO vs BKCL.TO
ZWB.TO
BMO Covered Call Canadian Banks ETF
31.10%
4.84BJan 2011HPYT.TO vs ZWB.TO

Lowest Volatility Alternatives to HPYT.TO

HPYT.TO has 7.92% 1-year volatility. There are 8 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 1.75%.

SymbolNameVolatility 1YAUMInception
HBIL.TO
Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...1.75%224.00MSep 2024HPYT.TO vs HBIL.TO
HBIL-U.TO
Hamilton U.S. T-Bill YIELD MAXIMIZER ETF USD Unhed...1.91%—Sep 2024HPYT.TO vs HBIL-U.TO
HPYM.TO
Harvest Premium Yield 7-10 Year Treasury ETF - Cla...4.74%259.21MJan 2024HPYT.TO vs HPYM.TO
FCMI.TO
Fidelity Canadian Monthly High Income ETF6.39%—Jan 2020HPYT.TO vs FCMI.TO
ZPH.TO
BMO US Put Write Hedged to CAD ETF6.55%35.29MFeb 2017HPYT.TO vs ZPH.TO

Lowest Drawdown Alternatives to HPYT.TO

HPYT.TO has a 1-year max drawdown of -6.61%. There are 18 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -0.95%.

SymbolNameMax Drawdown 1YAUMInception
HBIL.TO
Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...
-0.95%
224.00MSep 2024HPYT.TO vs HBIL.TO
HBIL-U.TO
Hamilton U.S. T-Bill YIELD MAXIMIZER ETF USD Unhed...
-1.07%
—Sep 2024HPYT.TO vs HBIL-U.TO
HLIF.TO
Harvest Canadian Equity Income Leaders ETF Class A
-3.09%
180.28MJun 2022HPYT.TO vs HLIF.TO
FCMI.TO
Fidelity Canadian Monthly High Income ETF
-3.62%
—Jan 2020HPYT.TO vs FCMI.TO
HPYM.TO
Harvest Premium Yield 7-10 Year Treasury ETF - Cla...
-3.87%
259.21MJan 2024HPYT.TO vs HPYM.TO

Other ETFs from Harvest

The 10 most viewed Harvest ETFs shown here include HHIS.TO, MSTE.TO, HDIF.TO and span 5 categories. AUM among these funds goes as high as $2B.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
HHIS.TO
Harvest Diversified High Income Shares ETFDerivative Income
19
7.24%
1.87BJan 2025HPYT.TO vs HHIS.TO
MSTE.TO
Harvest Strategy Inc. Enhanced High Income Shares ...Derivative Income
1
-43.85%
297.99MMar 2025HPYT.TO vs MSTE.TO
HDIF.TO
Harvest Diversified Monthly Income ETF - Class A U...Derivative Income
73
12.72%
555.21MFeb 2022HPYT.TO vs HDIF.TO
HHIC.TO
Harvest Canadian High Income Shares ETFCanada Equities, Derivative Income—
11.22%
222.19MAug 2025HPYT.TO vs HHIC.TO
HTAE.TO
Harvest Tech Achievers Enhanced Income ETF - Class...Technology Equities
39
21.43%
112.85MOct 2022HPYT.TO vs HTAE.TO
TSLY.TO
Harvest Tesla Enhanced High Income Shares ETFDerivative Income
27
-9.28%
278.03MJan 2025HPYT.TO vs TSLY.TO
PLTE.TO
Harvest Palantir Enhanced High Income Shares ETFDerivative Income———Jan 2025HPYT.TO vs PLTE.TO
HHL.TO
Harvest Healthcare Leaders Income ETFHealth & Biotech Equities
24
-1.42%
1.97BMar 2020HPYT.TO vs HHL.TO
HUTE.TO
Harvest Equal Weight Global Utilities Enhanced Inc...Derivative Income, Utilities Equities
62
13.42%
103.07MOct 2022HPYT.TO vs HUTE.TO
HTA.TO
Harvest Tech Achievers Growth & Income ETFTechnology Equities
41
17.76%
959.08MMar 2020HPYT.TO vs HTA.TO

Often Compared With HPYT.TO

Investors most often compare HPYT.TO with TLTW, TLT, ZTL.NEO. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
TLTW
iShares 20+ Year Treasury Bond BuyWrite Strategy E...Derivative Income
33
0.58%
1.87BJun 2022HPYT.TO vs TLTW
TLT
iShares 20+ Year Treasury Bond ETFGovernment Bonds, Long-Term Bond
16
-0.83%
42.18BJul 2002HPYT.TO vs TLT
ZTL.NEO
BMO Long-Term US Treasury Bond Index ETFGovernment Bonds, Long-Term Bond
21
1.08%
—Feb 2017HPYT.TO vs ZTL.NEO
UTES.TO
Evolve Canadian Utilities Enhanced Yield Index Fun...Derivative Income
81
14.43%
431.22MSep 2024HPYT.TO vs UTES.TO
XEQT.TO
iShares Core Equity ETF PortfolioGlobal Equities
80
12.57%
20.34BAug 2019HPYT.TO vs XEQT.TO
ZWP.TO
BMO Covered Call Europe High Dividend ETFEurope Equities, Derivative Income
43
6.44%
1.08BMar 2018HPYT.TO vs ZWP.TO
HMAX.TO
Hamilton Canadian Financials Yield Maximizer ETFDerivative Income
97
21.55%
2.53BJan 2023HPYT.TO vs HMAX.TO
HDIV.TO
Hamilton Enhanced Canadian Covered Call ETFDerivative Income
95
18.64%
1.74BJul 2021HPYT.TO vs HDIV.TO
HYLD.TO
Hamilton Enhanced U.S. Covered Call ETFDerivative Income
68
13.62%
1.32BFeb 2022HPYT.TO vs HYLD.TO
YTSL.NEO
Tesla (TSLA) Yield Shares Purpose ETFDerivative Income
36
-12.09%
437.60MDec 2022HPYT.TO vs YTSL.NEO
HYLD-U.TO
Hamilton Enhanced U.S. Covered Call ETF (USD)Derivative Income
72
14.61%
931.81MFeb 2022HPYT.TO vs HYLD-U.TO
ENCC.TO
Global X Canadian Oil and Gas Equity Covered Call ...Derivative Income, Energy Equities
90
28.47%
714.60MApr 2011HPYT.TO vs ENCC.TO
CRCY.TO
Harvest Circle Enhanced High Income Shares ETF Cla...Derivative Income—
-34.50%
—Sep 2025HPYT.TO vs CRCY.TO
XDIV.TO
iShares Core MSCI Canadian Quality Dividend Index ...Dividend, Large Cap Value Equities
98
27.54%
5.78BJun 2017HPYT.TO vs XDIV.TO
BKCC.TO
Global X Equal Weight Canadian Bank Covered Call E...Derivative Income
97
25.36%
400.33MMay 2011HPYT.TO vs BKCC.TO
EQCL.TO
Global X Enhanced All-Equity Asset Allocation Cove...Derivative Income
83
14.49%
66.30MOct 2023HPYT.TO vs EQCL.TO
DXQ.TO
Dynamic Active Enhanced Yield Covered Options ETFDerivative Income
68
7.91%
—Sep 2022HPYT.TO vs DXQ.TO
PMIF.TO
PIMCO Monthly Income Fund (Canada)
50
0.26%
39.17B—HPYT.TO vs PMIF.TO
NVHE.TO
Harvest NVIDIA Enhanced High Income Shares ETFDerivative Income
33
17.84%
268.36MAug 2024HPYT.TO vs NVHE.TO
YCST.NEO
Costco (COST) Yield Shares Purpose ETFDerivative Income
9
10.90%
—Feb 2025HPYT.TO vs YCST.NEO

Compare HPYT.TO with Any Fund or Stock

Compare HPYT.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

 

Diversifiers

Pair HPYT.TO with funds that move differently

Harvest Premium Yield Treasury ETF A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HPYT.TO.

Explore HPYT.TO Diversifiers