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Harvest Low Volatility Canadian Equity Income ETF Class A (HVOI.TO) Diversifiers

ETF · Currency in CAD · Last updated Jun 4, 2026

The Harvest Low Volatility Canadian Equity Income ETF aims to generate high monthly cash distributions and lower overall portfolio volatility by investing in a diversified portfolio of Canadian mid and large-cap equities, employing an active covered call writing strategy to enhance income.

Looking to diversify beyond HVOI.TO? The ETFs below have the lowest correlation with HVOI.TO — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from HVOI.TO.

Best Diversifiers for HVOI.TO

2 ETFs have low correlation with HVOI.TO (below 0.3), 0 of which are negatively correlated. The least correlated is Harvest NVIDIA Enhanced High Income Shares ETF (NVHE.TO) (Derivative Income) with a 1Y correlation of 0.05, roughly unchanged from 0.06 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
NVHE.TO
Harvest NVIDIA Enhanced High Income Shares ETF0.050.060.06
53
Derivative IncomeHVOI.TO vs NVHE.TO
HTAE.TO
Harvest Tech Achievers Enhanced Income ETF - Class...0.24——
66
Technology EquitiesHVOI.TO vs HTAE.TO
HUTE.TO
Harvest Equal Weight Global Utilities Enhanced Inc...0.36——
58
Derivative Income, Utilities EquitiesHVOI.TO vs HUTE.TO
HXH.TO
Global X Canadian High Dividend Index Corporate Cl...0.42——
98
Canada EquitiesHVOI.TO vs HXH.TO
XCS.TO
iShares S&P/TSX SmallCap Index ETF0.45——
79
Canada EquitiesHVOI.TO vs XCS.TO
See all 39 diversifiers for HVOI.TO

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Diversification Analysis

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