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Harvest Equal Weight Global Utilities Enhanced Income ETF (HUTE.TO) Alternatives

ETF · Currency in CAD · Last updated Jun 24, 2026

This ETF aims to deliver enhanced income and growth by applying modest leverage to the Harvest Equal Weight Global Utilities Income ETF, providing access to a globally diversified portfolio of utilities companies with increased monthly cash flow.

Harvest Equal Weight Global Utilities Enhanced Income ETF (HUTE.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 HUTE.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to HUTE.TO

HUTE.TO charges 0.50% annually. There are 29 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.04%.

SymbolNameExpense RatioAUMInception
USCL.TO
Global X Enhanced S&P 500 Covered Call ETF0.04%250.98MJul 2023HUTE.TO vs USCL.TO
ECHI.TO
Ninepoint Enhanced Canadian HighShares ETF0.29%—Aug 2025HUTE.TO vs ECHI.TO
EQLI.TO
Invesco S&P 500 Equal Weight Income Advantage ETF0.29%155.19MNov 2025HUTE.TO vs EQLI.TO
JEPI.TO
JPMorgan US Equity Premium Income Active ETF0.35%—Sep 2024HUTE.TO vs JEPI.TO
HBIL.TO
Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...0.35%227.30MSep 2024HUTE.TO vs HBIL.TO

Best Risk-Adjusted Alternatives to HUTE.TO

HUTE.TO has a PortfoliosLab risk / return rank of 56. There are 41 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
—Jun 2022HUTE.TO vs HLIF.TO
CBNK.TO
Mulvihill Canadian Bank Enhanced Yield ETF
98
—Feb 2022HUTE.TO vs CBNK.TO
BANK.TO
Evolve Canadian Banks and Lifecos Enhanced Yield I...
97
1.16BFeb 2022HUTE.TO vs BANK.TO
ZWB.TO
BMO Covered Call Canadian Banks ETF
97
4.65BJan 2011HUTE.TO vs ZWB.TO
BKCL.TO
Global X Enhanced Equal Weight Canadian Banks Cove...
97
197.22MJul 2023HUTE.TO vs BKCL.TO

Top Performing HUTE.TO Alternatives (YTD)

HUTE.TO is at 13.36% YTD. There are 35 ETFs in the Derivative Income category with higher YTD returns, going as high as 41.95%.

SymbolNameYTD ReturnAUMInception
CBNK.TO
Mulvihill Canadian Bank Enhanced Yield ETF
41.95%
—Feb 2022HUTE.TO vs CBNK.TO
ENCL.TO
Global X Enhanced Canadian Oil and Gas Equity Cove...
30.80%
267.19MOct 2023HUTE.TO vs ENCL.TO
YAVG.NEO
Broadcom (AVGO) Yield Shares Purpose ETF
28.52%
—Feb 2025HUTE.TO vs YAVG.NEO
BANK.TO
Evolve Canadian Banks and Lifecos Enhanced Yield I...
27.46%
1.16BFeb 2022HUTE.TO vs BANK.TO
BKCL.TO
Global X Enhanced Equal Weight Canadian Banks Cove...
26.81%
197.22MJul 2023HUTE.TO vs BKCL.TO

Lowest Volatility Alternatives to HUTE.TO

HUTE.TO has 11.87% 1-year volatility. There are 23 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 1.62%.

SymbolNameVolatility 1YAUMInception
HBIL.TO
Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...1.62%227.30MSep 2024HUTE.TO vs HBIL.TO
HPYM.TO
Harvest Premium Yield 7-10 Year Treasury ETF - Cla...4.66%230.93MJan 2024HUTE.TO vs HPYM.TO
UMAX.TO
Hamilton Utilities YIELD MAXIMIZER ETF6.88%1.36BJun 2023HUTE.TO vs UMAX.TO
HLIF.TO
Harvest Canadian Equity Income Leaders ETF Class A6.98%—Jun 2022HUTE.TO vs HLIF.TO
ZWU.TO
BMO Covered Call Utilities ETF7.68%2.20BOct 2011HUTE.TO vs ZWU.TO

Lowest Drawdown Alternatives to HUTE.TO

HUTE.TO has a 1-year max drawdown of -6.31%. There are 11 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%
227.30MSep 2024HUTE.TO vs HBIL.TO
HLIF.TO
Harvest Canadian Equity Income Leaders ETF Class A
-3.09%
—Jun 2022HUTE.TO vs HLIF.TO
HPYM.TO
Harvest Premium Yield 7-10 Year Treasury ETF - Cla...
-3.87%
230.93MJan 2024HUTE.TO vs HPYM.TO
ZWU.TO
BMO Covered Call Utilities ETF
-4.86%
2.20BOct 2011HUTE.TO vs ZWU.TO
DXQ.TO
Dynamic Active Enhanced Yield Covered Options ETF
-5.11%
—Sep 2022HUTE.TO vs DXQ.TO

Other ETFs from Harvest

The 10 most viewed Harvest ETFs shown here include HHIS.TO, MSTE.TO, HDIF.TO and span 4 categories. AUM among these funds goes as high as $2B.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
HHIS.TO
Harvest Diversified High Income Shares ETFDerivative Income
23
4.33%
1.74BJan 2025HUTE.TO vs HHIS.TO
MSTE.TO
Harvest Strategy Inc. Enhanced High Income Shares ...Derivative Income
1
-35.74%
365.84MMar 2025HUTE.TO vs MSTE.TO
HDIF.TO
Harvest Diversified Monthly Income ETF - Class A U...Derivative Income
67
11.31%
532.64MFeb 2022HUTE.TO vs HDIF.TO
HHIC.TO
Harvest Canadian High Income Shares ETFCanada Equities, Derivative Income—
12.82%
203.19MAug 2025HUTE.TO vs HHIC.TO
HTAE.TO
Harvest Tech Achievers Enhanced Income ETF - Class...Technology Equities
49
24.61%
104.75MOct 2022HUTE.TO vs HTAE.TO
TSLY.TO
Harvest Tesla Enhanced High Income Shares ETFDerivative Income
17
-11.87%
265.04MJan 2025HUTE.TO vs TSLY.TO
PLTE.TO
Harvest Palantir Enhanced High Income Shares ETFDerivative Income———Jan 2025HUTE.TO vs PLTE.TO
HHL.TO
Harvest Healthcare Leaders Income ETFHealth & Biotech Equities
16
-5.90%
1.89BMar 2020HUTE.TO vs HHL.TO
HTA.TO
Harvest Tech Achievers Growth & Income ETFTechnology Equities
52
20.47%
922.00MMar 2020HUTE.TO vs HTA.TO
NVHE.TO
Harvest NVIDIA Enhanced High Income Shares ETFDerivative Income
45
13.64%
247.27MAug 2024HUTE.TO vs NVHE.TO

Often Compared With HUTE.TO

Investors most often compare HUTE.TO with UTES.TO, HUTL.TO, UTIL.TO. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
UTES.TO
Evolve Canadian Utilities Enhanced Yield Index Fun...Derivative Income
86
14.78%
412.15MSep 2024HUTE.TO vs UTES.TO
HUTL.TO
Harvest Equal Weight Global Utilities Income ETFUtilities Equities
58
11.33%
533.27MJan 2019HUTE.TO vs HUTL.TO
UTIL.TO
Global X Equal Weight Canadian Utilities Index ETFUtilities Equities, Equal Weight
92
20.07%
—Aug 2022HUTE.TO vs UTIL.TO
BMAX.TO
Brompton Enhanced Multi-Asset Income ETFDiversified Portfolio
65
10.60%
65.40M—HUTE.TO vs BMAX.TO
HYLD.TO
Hamilton Enhanced U.S. Covered Call ETFDerivative Income
64
12.62%
1.30BFeb 2022HUTE.TO vs HYLD.TO
HDIV.TO
Hamilton Enhanced Canadian Covered Call ETFDerivative Income
93
18.72%
1.70BJul 2021HUTE.TO vs HDIV.TO
ZWP.TO
BMO Covered Call Europe High Dividend ETFEurope Equities, Derivative Income
40
5.98%
1.09BMar 2018HUTE.TO vs ZWP.TO
ZUT.TO
BMO Equal Weight Utilities Index ETFUtilities Equities, Equal Weight
74
21.48%
844.73MJan 2010HUTE.TO vs ZUT.TO
QQQY.TO
Evolve NASDAQ Technology Enhanced Yield Index FundNasdaq-100, Derivative Income
61
14.40%
133.42MOct 2025HUTE.TO vs QQQY.TO
EQCL.TO
Global X Enhanced All-Equity Asset Allocation Cove...Derivative Income
81
14.50%
65.22MOct 2023HUTE.TO vs EQCL.TO
HBTE.NEO
Harvest Bitcoin Leaders Enhanced Income ETFLeveraged Cryptocurrency
30
31.38%
70.03MApr 2025HUTE.TO vs HBTE.NEO
HHLE.TO
Harvest Healthcare Leaders Enhanced Income ETF - C...Health & Biotech Equities
15
-8.09%
105.36MOct 2022HUTE.TO vs HHLE.TO
FTS.TO
Fortis Inc.
89
14.77%
——HUTE.TO vs FTS.TO
JEPQ.TO
JPMorgan Nasdaq Equity Premium Income Active ETFNasdaq-100, Derivative Income
75
11.92%
136.22MSep 2024HUTE.TO vs JEPQ.TO
TBIL.TO
Harvest Canadian T-Bill ETFMoney Market———Jan 2024HUTE.TO vs TBIL.TO
XDIV.TO
iShares Core MSCI Canadian Quality Dividend Index ...Dividend, Large Cap Value Equities
98
21.65%
5.54BJun 2017HUTE.TO vs XDIV.TO
ZWC.TO
BMO CA High Dividend Covered Call ETFDerivative Income
93
12.66%
2.35BFeb 2017HUTE.TO vs ZWC.TO
HYLD-U.TO
Hamilton Enhanced U.S. Covered Call ETF (USD)Derivative Income
73
14.21%
919.57MFeb 2022HUTE.TO vs HYLD-U.TO
UMVP.TO
Hamilton Champions Utilities Index ETFUtilities Equities———Jan 2026HUTE.TO vs UMVP.TO
CNQE.TO
Harvest CNQ Enhanced High Income Shares ETFDerivative Income—
22.02%
—Aug 2025HUTE.TO vs CNQE.TO

Compare HUTE.TO with Any Fund or Stock

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

 

Diversifiers

Pair HUTE.TO with funds that move differently

Harvest Equal Weight Global Utilities Enhanced Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HUTE.TO.

Explore HUTE.TO Diversifiers