CASH.TO vs. HBTE.NEO
CASH.TO (Global X High Interest Savings ETF) and HBTE.NEO (Harvest Bitcoin Leaders Enhanced Income ETF) are both exchange-traded funds - CASH.TO is a Money Market fund actively managed by Global X, while HBTE.NEO is a Leveraged Cryptocurrency fund actively managed by Harvest. Both are actively managed. Over the past year, CASH.TO returned 2.23% vs 67.21% for HBTE.NEO. At a 0.01 correlation, their price movements are largely independent. CASH.TO charges 0.11%/yr vs 0.75%/yr for HBTE.NEO.
Performance
CASH.TO vs. HBTE.NEO - Performance Comparison
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Returns By Period
In the year-to-date period, CASH.TO achieves a 0.91% return, which is significantly lower than HBTE.NEO's 28.08% return.
CASH.TO
- 1D
- 0.02%
- 1M
- 0.15%
- YTD
- 0.91%
- 6M
- 1.03%
- 1Y
- 2.23%
- 3Y*
- 3.60%
- 5Y*
- —
- 10Y*
- —
HBTE.NEO
- 1D
- 2.94%
- 1M
- 4.14%
- YTD
- 28.08%
- 6M
- 14.49%
- 1Y
- 67.21%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CASH.TO vs. HBTE.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CASH.TO Global X High Interest Savings ETF | 0.91% | 1.63% |
HBTE.NEO Harvest Bitcoin Leaders Enhanced Income ETF | 28.08% | 63.44% |
Correlation
The correlation between CASH.TO and HBTE.NEO is -0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.00 |
Correlation (All Time) Calculated using the full available price history since Apr 30, 2025 | 0.01 |
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Return for Risk
CASH.TO vs. HBTE.NEO — Risk / Return Rank
CASH.TO
HBTE.NEO
CASH.TO vs. HBTE.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X High Interest Savings ETF (CASH.TO) and Harvest Bitcoin Leaders Enhanced Income ETF (HBTE.NEO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CASH.TO | HBTE.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +8.61 | ||
| Sortino ratioReturn per unit of downside risk | +24.57 | ||
| Omega ratioGain probability vs. loss probability | 7.03 | 1.19 | +5.84 |
| Calmar ratioReturn relative to maximum drawdown | 113.10 | 1.14 | +111.96 |
| Martin ratioReturn relative to average drawdown | 389.01 | 2.19 | +386.83 |
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Drawdowns
CASH.TO vs. HBTE.NEO - Drawdown Comparison
The maximum CASH.TO drawdown since its inception was -0.80%, smaller than the maximum HBTE.NEO drawdown of -55.67%. Use the drawdown chart below to compare losses from any high point for CASH.TO and HBTE.NEO.
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Drawdown Indicators
| CASH.TO | HBTE.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.80% | -55.67% | +54.87% |
Max Drawdown (1Y)Largest decline over 1 year | -0.02% | -55.67% | +55.65% |
Max Drawdown (3Y)Largest decline over 3 years | -0.06% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -24.58% | +24.58% |
Average DrawdownAverage peak-to-trough decline | -0.00% | -21.15% | +21.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.01% | 28.79% | -28.78% |
Volatility
CASH.TO vs. HBTE.NEO - Volatility Comparison
The current volatility for Global X High Interest Savings ETF (CASH.TO) is 0.08%, while Harvest Bitcoin Leaders Enhanced Income ETF (HBTE.NEO) has a volatility of 18.57%. This indicates that CASH.TO experiences smaller price fluctuations and is considered to be less risky than HBTE.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CASH.TO | HBTE.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.08% | 18.57% | -18.49% |
Volatility (6M)Calculated over the trailing 6-month period | 0.16% | 50.16% | -50.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.24% | 66.62% | -66.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.61% | 66.35% | -65.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.61% | 66.35% | -65.74% |
CASH.TO vs. HBTE.NEO - Expense Ratio Comparison
CASH.TO has a 0.11% expense ratio, which is lower than HBTE.NEO's 0.75% expense ratio.
Dividends
CASH.TO vs. HBTE.NEO - Dividend Comparison
CASH.TO's dividend yield for the trailing twelve months is around 2.19%, less than HBTE.NEO's 26.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
CASH.TO Global X High Interest Savings ETF | 2.19% | 2.53% | 4.37% | 5.05% | 2.30% | 0.10% |
HBTE.NEO Harvest Bitcoin Leaders Enhanced Income ETF | 26.16% | 18.40% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CASH.TO and HBTE.NEO have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CASH.TO is cheaper at 0.11% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CASH.TO is cheaper with a 0.11% expense ratio, compared with 0.75% for HBTE.NEO.
CASH.TO is categorized as Money Market, while HBTE.NEO is Leveraged Cryptocurrency. They also come from different issuers: Global X and Harvest. Their fees differ too: 0.11% for CASH.TO and 0.75% for HBTE.NEO.
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