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

ETF · Currency in CAD · Last updated Jul 15, 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 30 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 2025HUTE.TO vs ECHI.TO
EQLI.TO
Invesco S&P 500 Equal Weight Income Advantage ETF0.29%169.56MNov 2025HUTE.TO vs EQLI.TO
JEPQ.TO
JPMorgan Nasdaq Equity Premium Income Active ETF0.35%136.22MSep 2024HUTE.TO vs JEPQ.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%224.00MSep 2024HUTE.TO vs HBIL.TO

Best Risk-Adjusted Alternatives to HUTE.TO

HUTE.TO has a PortfoliosLab risk / return rank of 60. There are 44 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 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...
98
1.26BFeb 2022HUTE.TO vs BANK.TO
ZWB.TO
BMO Covered Call Canadian Banks ETF
98
4.84BJan 2011HUTE.TO vs ZWB.TO
BKCL.TO
Global X Enhanced Equal Weight Canadian Banks Cove...
97
198.10MJul 2023HUTE.TO vs BKCL.TO

Top Performing HUTE.TO Alternatives (YTD)

HUTE.TO is at 13.61% YTD. There are 41 ETFs in the Derivative Income category with higher YTD returns, going as high as 47.03%.

SymbolNameYTD ReturnAUMInception
CBNK.TO
Mulvihill Canadian Bank Enhanced Yield ETF
47.03%
—Feb 2022HUTE.TO vs CBNK.TO
ENCL.TO
Global X Enhanced Canadian Oil and Gas Equity Cove...
35.01%
271.10MOct 2023HUTE.TO vs ENCL.TO
YAVG.NEO
Broadcom (AVGO) Yield Shares Purpose ETF
32.14%
—Feb 2025HUTE.TO vs YAVG.NEO
BANK.TO
Evolve Canadian Banks and Lifecos Enhanced Yield I...
31.92%
1.26BFeb 2022HUTE.TO vs BANK.TO
BKCL.TO
Global X Enhanced Equal Weight Canadian Banks Cove...
30.90%
198.10MJul 2023HUTE.TO vs BKCL.TO

Lowest Volatility Alternatives to HUTE.TO

HUTE.TO has 12.33% 1-year volatility. There are 29 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 1.76%.

SymbolNameVolatility 1YAUMInception
HBIL.TO
Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...1.76%224.00MSep 2024HUTE.TO vs HBIL.TO
HPYM.TO
Harvest Premium Yield 7-10 Year Treasury ETF - Cla...4.74%259.21MJan 2024HUTE.TO vs HPYM.TO
ZPH.TO
BMO US Put Write Hedged to CAD ETF6.53%35.29MFeb 2017HUTE.TO vs ZPH.TO
HLIF.TO
Harvest Canadian Equity Income Leaders ETF Class A7.05%180.28MJun 2022HUTE.TO vs HLIF.TO
ZPW.TO
BMO US Put Write ETF7.32%105.45MSep 2015HUTE.TO vs ZPW.TO

Lowest Drawdown Alternatives to HUTE.TO

HUTE.TO has a 1-year max drawdown of -6.85%. 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 2024HUTE.TO vs HBIL.TO
HLIF.TO
Harvest Canadian Equity Income Leaders ETF Class A
-3.09%
180.28MJun 2022HUTE.TO vs HLIF.TO
HPYM.TO
Harvest Premium Yield 7-10 Year Treasury ETF - Cla...
-3.87%
259.21MJan 2024HUTE.TO vs HPYM.TO
ZWU.TO
BMO Covered Call Utilities ETF
-4.86%
2.21BOct 2011HUTE.TO vs ZWU.TO
UMAX.TO
Hamilton Utilities YIELD MAXIMIZER ETF
-5.11%
1.41BJun 2023HUTE.TO vs UMAX.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
22
8.76%
1.87BJan 2025HUTE.TO vs HHIS.TO
MSTE.TO
Harvest Strategy Inc. Enhanced High Income Shares ...Derivative Income
1
-41.39%
297.99MMar 2025HUTE.TO vs MSTE.TO
HDIF.TO
Harvest Diversified Monthly Income ETF - Class A U...Derivative Income
73
13.08%
555.21MFeb 2022HUTE.TO vs HDIF.TO
HHIC.TO
Harvest Canadian High Income Shares ETFCanada Equities, Derivative Income—
11.87%
222.19MAug 2025HUTE.TO vs HHIC.TO
HTAE.TO
Harvest Tech Achievers Enhanced Income ETF - Class...Technology Equities
51
27.67%
112.85MOct 2022HUTE.TO vs HTAE.TO
TSLY.TO
Harvest Tesla Enhanced High Income Shares ETFDerivative Income
29
-7.94%
278.03MJan 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
18
-3.74%
1.97BMar 2020HUTE.TO vs HHL.TO
HTA.TO
Harvest Tech Achievers Growth & Income ETFTechnology Equities
52
22.55%
959.08MMar 2020HUTE.TO vs HTA.TO
NVHE.TO
Harvest NVIDIA Enhanced High Income Shares ETFDerivative Income
43
20.91%
268.36MAug 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 12 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
UTES.TO
Evolve Canadian Utilities Enhanced Yield Index Fun...Derivative Income
75
12.01%
431.22MSep 2024HUTE.TO vs UTES.TO
HUTL.TO
Harvest Equal Weight Global Utilities Income ETFUtilities Equities
61
11.11%
538.42MJan 2019HUTE.TO vs HUTL.TO
UTIL.TO
Global X Equal Weight Canadian Utilities Index ETFUtilities Equities, Equal Weight
95
19.94%
—Aug 2022HUTE.TO vs UTIL.TO
BMAX.TO
Brompton Enhanced Multi-Asset Income ETFDiversified Portfolio
68
11.35%
65.40M—HUTE.TO vs BMAX.TO
HDIV.TO
Hamilton Enhanced Canadian Covered Call ETFDerivative Income
95
19.65%
1.74BJul 2021HUTE.TO vs HDIV.TO
HYLD.TO
Hamilton Enhanced U.S. Covered Call ETFDerivative Income
75
15.42%
1.32BFeb 2022HUTE.TO vs HYLD.TO
ZWP.TO
BMO Covered Call Europe High Dividend ETFEurope Equities, Derivative Income
39
5.78%
1.08BMar 2018HUTE.TO vs ZWP.TO
ZUT.TO
BMO Equal Weight Utilities Index ETFUtilities Equities, Equal Weight
79
22.07%
850.11MJan 2010HUTE.TO vs ZUT.TO
HVOI.TO
Harvest Low Volatility Canadian Equity Income ETF ...Canada Equities
80
10.18%
—Apr 2025HUTE.TO vs HVOI.TO
QQQY.TO
Evolve NASDAQ Technology Enhanced Yield Index FundNasdaq-100, Derivative Income
61
16.53%
135.03MOct 2025HUTE.TO vs QQQY.TO
HBTE.NEO
Harvest Bitcoin Leaders Enhanced Income ETFLeveraged Cryptocurrency
13
10.16%
65.89MApr 2025HUTE.TO vs HBTE.NEO
HHLE.TO
Harvest Healthcare Leaders Enhanced Income ETF - C...Health & Biotech Equities
17
-5.45%
110.36MOct 2022HUTE.TO vs HHLE.TO
EQCL.TO
Global X Enhanced All-Equity Asset Allocation Cove...Derivative Income
85
15.35%
66.30MOct 2023HUTE.TO vs EQCL.TO
FTS.TO
Fortis Inc.
93
15.74%
——HUTE.TO vs FTS.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
25.21%
5.78BJun 2017HUTE.TO vs XDIV.TO
UMVP.TO
Hamilton Champions Utilities Index ETFUtilities Equities——300.40MJan 2026HUTE.TO vs UMVP.TO
ZWC.TO
BMO CA High Dividend Covered Call ETFDerivative Income
95
14.02%
2.41BFeb 2017HUTE.TO vs ZWC.TO
HYLD-U.TO
Hamilton Enhanced U.S. Covered Call ETF (USD)Derivative Income
79
17.05%
931.81MFeb 2022HUTE.TO vs HYLD-U.TO
CNQE.TO
Harvest CNQ Enhanced High Income Shares ETFDerivative Income—
26.52%
—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