CNYE.TO vs. HLIF.TO

Last updated Apr 2, 2026

Compare and contrast key facts about Harvest Coinbase Enhanced High Income Shares ETF (CNYE.TO) and Harvest Canadian Equity Income Leaders ETF Class A (HLIF.TO).

CNYE.TO and HLIF.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CNYE.TO is an actively managed fund by Harvest. It was launched on Mar 3, 2025. HLIF.TO is an actively managed fund by Harvest. It was launched on Jun 8, 2022.

Performance

CNYE.TO vs. HLIF.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Harvest Coinbase Enhanced High Income Shares ETF (CNYE.TO) and Harvest Canadian Equity Income Leaders ETF Class A (HLIF.TO). The values are adjusted to include any dividend payments, if applicable.

CNYE.TO vs. HLIF.TO - Yearly Performance Comparison

	2026 (YTD)	2025
CNYE.TO Harvest Coinbase Enhanced High Income Shares ETF	-27.92%	-14.53%
HLIF.TO Harvest Canadian Equity Income Leaders ETF Class A	9.41%	25.09%

Returns By Period

In the year-to-date period, CNYE.TO achieves a -27.92% return, which is significantly lower than HLIF.TO's 9.41% return.

CNYE.TO

• 1D: -0.98%
• 1M: -6.29%
• YTD: -27.92%
• 6M: -56.41%
• 1Y: -18.55%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HLIF.TO

• 1D: 0.21%
• 1M: 0.34%
• YTD: 9.41%
• 6M: 16.84%
• 1Y: 33.00%
• 3Y*: 18.19%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CNYE.TO vs. HLIF.TO - Expense Ratio Comparison

CNYE.TO has a 0.40% expense ratio, which is lower than HLIF.TO's 0.79% expense ratio.

HLIF.TO

Harvest Canadian Equity Income Leaders ETF Class A

CNYE.TO

Harvest Coinbase Enhanced High Income Shares ETF

Return for Risk

CNYE.TO vs. HLIF.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CNYE.TO

CNYE.TO Risk / Return Rank: 10
CNYE.TO Sharpe Ratio Rank: 8
CNYE.TO Sortino Ratio Rank: 13
CNYE.TO Omega Ratio Rank: 13
CNYE.TO Calmar Ratio Rank: 8
CNYE.TO Martin Ratio Rank: 8

HLIF.TO

HLIF.TO Risk / Return Rank: 97
HLIF.TO Sharpe Ratio Rank: 98
HLIF.TO Sortino Ratio Rank: 98
HLIF.TO Omega Ratio Rank: 98
HLIF.TO Calmar Ratio Rank: 94
HLIF.TO Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CNYE.TO vs. HLIF.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harvest Coinbase Enhanced High Income Shares ETF (CNYE.TO) and Harvest Canadian Equity Income Leaders ETF Class A (HLIF.TO). 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.

	CNYE.TO	HLIF.TO	Difference
Sharpe ratio Return per unit of total volatility	-0.22	3.46	-3.69
Sortino ratio Return per unit of downside risk	0.25	4.36	-4.11
Omega ratio Gain probability vs. loss probability	1.03	1.80	-0.77
Calmar ratio Return relative to maximum drawdown	-0.25	3.95	-4.20
Martin ratio Return relative to average drawdown	-0.49	24.28	-24.77
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CNYE.TO vs. HLIF.TO - Sharpe Ratio Comparison

The current CNYE.TO Sharpe Ratio is -0.22, which is lower than the HLIF.TO Sharpe Ratio of 3.46. The chart below compares the historical Sharpe Ratios of CNYE.TO and HLIF.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CNYE.TO	HLIF.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.22	3.46	-3.69
Sharpe Ratio (All Time) Calculated using the full available price history	-0.43	1.35	-1.78

Correlation

The correlation between CNYE.TO and HLIF.TO is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CNYE.TO vs. HLIF.TO - Dividend Comparison

CNYE.TO's dividend yield for the trailing twelve months is around 87.30%, more than HLIF.TO's 6.13% yield.

	TTM	2025	2024	2023	2022
CNYE.TO Harvest Coinbase Enhanced High Income Shares ETF	87.30%	48.74%	0.00%	0.00%	0.00%
HLIF.TO Harvest Canadian Equity Income Leaders ETF Class A	6.13%	6.26%	7.33%	7.96%	3.91%

Drawdowns

CNYE.TO vs. HLIF.TO - Drawdown Comparison

The maximum CNYE.TO drawdown since its inception was -72.18%, which is greater than HLIF.TO's maximum drawdown of -11.12%. Use the drawdown chart below to compare losses from any high point for CNYE.TO and HLIF.TO.

Drawdown Indicators

	CNYE.TO	HLIF.TO	Difference
Max Drawdown Largest peak-to-trough decline	-72.18%	-11.12%	-61.06%
Max Drawdown (1Y) Largest decline over 1 year	-72.18%	-8.43%	-63.75%
Current Drawdown Current decline from peak	-64.52%	0.00%	-64.52%
Average Drawdown Average peak-to-trough decline	-29.40%	-2.10%	-27.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	36.00%	1.38%	+34.62%

Volatility

CNYE.TO vs. HLIF.TO - Volatility Comparison

Harvest Coinbase Enhanced High Income Shares ETF (CNYE.TO) has a higher volatility of 24.38% compared to Harvest Canadian Equity Income Leaders ETF Class A (HLIF.TO) at 3.12%. This indicates that CNYE.TO's price experiences larger fluctuations and is considered to be riskier than HLIF.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CNYE.TO	HLIF.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.38%	3.12%	+21.26%
Volatility (6M) Calculated over the trailing 6-month period	59.46%	5.56%	+53.90%
Volatility (1Y) Calculated over the trailing 1-year period	82.91%	9.58%	+73.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	84.42%	10.58%	+73.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	84.42%	10.58%	+73.84%