CSBG.NEO vs. HBIE.TO
CSBG.NEO (CIBC Sustainable Balanced Growth Solution ETF) and HBIE.TO (Harvest Balanced Income & Growth Enhanced ETF) are both Diversified Portfolio funds. Both are actively managed. Over the past year, CSBG.NEO returned 0.49% vs 14.65% for HBIE.TO. At a 0.10 correlation, their price movements are largely independent.
Performance
CSBG.NEO vs. HBIE.TO - Performance Comparison
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Returns By Period
In the year-to-date period, CSBG.NEO achieves a 0.49% return, which is significantly lower than HBIE.TO's 6.74% return.
CSBG.NEO
- 1D
- 0.00%
- 1M
- 0.49%
- 6M
- 0.49%
- YTD
- 0.49%
- 1Y
- 0.49%
- 3Y*
- 0.96%
- 5Y*
- —
- 10Y*
- —
HBIE.TO
- 1D
- 0.00%
- 1M
- -0.20%
- 6M
- 5.76%
- YTD
- 6.74%
- 1Y
- 14.65%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CSBG.NEO vs. HBIE.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
CSBG.NEO CIBC Sustainable Balanced Growth Solution ETF | 0.49% | 0.00% | 1.14% |
HBIE.TO Harvest Balanced Income & Growth Enhanced ETF | 6.74% | 10.30% | 6.94% |
Correlation
The correlation between CSBG.NEO and HBIE.TO is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Apr 16, 2024 | 0.10 |
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Return for Risk
CSBG.NEO vs. HBIE.TO — Risk / Return Rank
CSBG.NEO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
HBIE.TO
CSBG.NEO vs. HBIE.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CIBC Sustainable Balanced Growth Solution ETF (CSBG.NEO) and Harvest Balanced Income & Growth Enhanced ETF (HBIE.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.
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.
| CSBG.NEO | HBIE.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.66 | ||
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.31 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.81 | — |
| Martin ratioReturn relative to average drawdown | — | 11.90 | — |
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Drawdowns
CSBG.NEO vs. HBIE.TO - Drawdown Comparison
The maximum CSBG.NEO drawdown since its inception was 0.00%, smaller than the maximum HBIE.TO drawdown of -10.29%. Use the drawdown chart below to compare losses from any high point for CSBG.NEO and HBIE.TO.
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Drawdown Indicators
| CSBG.NEO | HBIE.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | 0.00% | -10.29% | +10.29% |
Max Drawdown (1Y)Largest decline over 1 year | 0.00% | -5.24% | +5.24% |
Max Drawdown (3Y)Largest decline over 3 years | 0.00% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | 0.00% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.27% | +1.27% |
Average DrawdownAverage peak-to-trough decline | 0.00% | -1.75% | +1.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.00% | 1.23% | -1.23% |
Volatility
CSBG.NEO vs. HBIE.TO - Volatility Comparison
The current volatility for CIBC Sustainable Balanced Growth Solution ETF (CSBG.NEO) is 0.49%, while Harvest Balanced Income & Growth Enhanced ETF (HBIE.TO) has a volatility of 2.60%. This indicates that CSBG.NEO experiences smaller price fluctuations and is considered to be less risky than HBIE.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CSBG.NEO | HBIE.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.49% | 2.60% | -2.11% |
Volatility (6M)Calculated over the trailing 6-month period | 0.49% | 7.51% | -7.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.49% | 8.84% | -8.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.11% | 9.65% | -8.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.11% | 9.65% | -8.54% |
Dividends
CSBG.NEO vs. HBIE.TO - Dividend Comparison
CSBG.NEO's dividend yield for the trailing twelve months is around 0.48%, less than HBIE.TO's 9.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
CSBG.NEO CIBC Sustainable Balanced Growth Solution ETF | 0.48% | 0.00% | 1.16% | 1.21% | 0.27% |
HBIE.TO Harvest Balanced Income & Growth Enhanced ETF | 9.98% | 10.12% | 7.56% | 0.00% | 0.00% |
Frequently Asked Questions
CSBG.NEO and HBIE.TO have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: CIBC and Harvest.
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