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Harvest Meta Enhanced High Income Shares ETF - Class A Units (METE.TO) Sharpe Ratio

ETF · Currency in CAD · Last updated Jun 26, 2026

Harvest Meta Enhanced High Income Shares ETF (METE) is a single-stock Canadian-listed ETF from Harvest Portfolios Group that provides leveraged exposure to Meta Platforms Inc. (NASDAQ: META). The fund applies approximately 25% modest leverage (1.25x exposure) and overlays an active covered call strategy on up to 50% of the position to generate enhanced monthly income while reducing volatility. METE is unhedged, so investors retain exposure to the U.S. dollar relative to the Canadian dollar. The Class A units pay variable monthly cash distributions and trade on the Toronto Stock Exchange.

Sharpe ratio is not yet available for METE.TO. This metric requires at least 12 months of historical daily returns to calculate. Check back once this data is available.

How it compares to other similar ETFs

The table compares Harvest Meta Enhanced High Income Shares ETF - Class A Units's Sharpe Ratio with other ETFs in the Derivative Income, Leveraged Equities, Communications Equities category across multiple time periods, showing how METE.TO's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 26, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
SOXU.TOMegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF8.12
CBNK.TOMulvihill Canadian Bank Enhanced Yield ETF6.29
HCAL.TOHamilton Enhanced Canadian Bank ETF5.88
BANK.TOEvolve Canadian Banks and Lifecos Enhanced Yield Index Fund5.42
HLIF.TOHarvest Canadian Equity Income Leaders ETF Class A5.37
ZWB.TOBMO Covered Call Canadian Banks ETF5.27
BKCL.TOGlobal X Enhanced Equal Weight Canadian Banks Covered Call ETF4.92
BKCC.TOGlobal X Equal Weight Canadian Bank Covered Call ETF4.70
CFOU.TOBetaPro S&P/TSX Capped Financials 2x Daily Bull ETF4.62
HMAX.TOHamilton Canadian Financials Yield Maximizer ETF4.19
METE.TOHarvest Meta Enhanced High Income Shares ETF - Class A Units—

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows METE.TO's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when METE.TO consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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