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Harvest Microsoft Enhanced High Income Shares ETF - Class A Units (MSHE.TO) Diversifiers

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

The Harvest Microsoft Enhanced High Income Shares ETF provides exposure to Microsoft Corporation (MSFT) common stock and overlays an active covered call writing strategy on up to 50% of the portfolio to generate high monthly cash distributions. The ETF applies modest leverage of approximately 25% to enhance income and growth potential.

Looking to diversify beyond MSHE.TO? The ETFs below have the lowest correlation with MSHE.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 MSHE.TO.

Best Diversifiers for MSHE.TO

17 ETFs have low correlation with MSHE.TO (below 0.3), 7 of which are negatively correlated.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
ENCL.TO
Global X Enhanced Canadian Oil and Gas Equity Cove...-0.17——
85
Oil & Gas, Derivative IncomeMSHE.TO vs ENCL.TO
ENCC.TO
Global X Canadian Oil and Gas Equity Covered Call ...-0.17——
85
Derivative Income, Energy EquitiesMSHE.TO vs ENCC.TO
ZWU.TO
BMO Covered Call Utilities ETF-0.14——
58
Utilities Equities, Derivative IncomeMSHE.TO vs ZWU.TO
NXF.TO
CI Energy Giants Covered Call ETF Common Units (CA...-0.12——
73
Energy Equities, Derivative IncomeMSHE.TO vs NXF.TO
UMAX.TO
Hamilton Utilities YIELD MAXIMIZER ETF-0.11——
58
Derivative Income, Utilities EquitiesMSHE.TO vs UMAX.TO
See all 23 diversifiers for MSHE.TO

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Diversification Analysis

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