EASY.TO vs. UTES.TO

Last updated Jun 4, 2026

EASY.TO (Evolve All-in-One UltraYield ETF) and UTES.TO (Evolve Canadian Utilities Enhanced Yield Index Fund ETF) are both Derivative Income funds from Evolve. Both are actively managed. At a 0.01 correlation, their price movements are largely independent.

Performance

EASY.TO vs. UTES.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Evolve All-in-One UltraYield ETF (EASY.TO) and Evolve Canadian Utilities Enhanced Yield Index Fund ETF (UTES.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EASY.TO

• 1D: -1.73%
• 1M: 2.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

UTES.TO

• 1D: -0.26%
• 1M: 2.26%
• YTD: 12.58%
• 6M: 12.56%
• 1Y: 23.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EASY.TO vs. UTES.TO - Yearly Performance Comparison

	2026 (YTD)
EASY.TO Evolve All-in-One UltraYield ETF	5.64%
UTES.TO Evolve Canadian Utilities Enhanced Yield Index Fund ETF	2.22%

Correlation

The correlation between EASY.TO and UTES.TO is 0.01, 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 (All Time) Calculated using the full available price history since Mar 13, 2026	0.01

Return for Risk

EASY.TO vs. UTES.TO — Risk / Return Rank

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

UTES.TO

UTES.TO Risk / Return Rank: 75
UTES.TO Sharpe Ratio Rank: 78
UTES.TO Sortino Ratio Rank: 83
UTES.TO Omega Ratio Rank: 76
UTES.TO Calmar Ratio Rank: 74
UTES.TO Martin Ratio Rank: 65

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.

EASY.TO vs. UTES.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Evolve All-in-One UltraYield ETF (EASY.TO) and Evolve Canadian Utilities Enhanced Yield Index Fund ETF (UTES.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	EASY.TO	UTES.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.59	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.25	1.38	-0.14

Drawdowns

EASY.TO vs. UTES.TO - Drawdown Comparison

The maximum EASY.TO drawdown since its inception was -8.20%, smaller than the maximum UTES.TO drawdown of -10.19%. Use the drawdown chart below to compare losses from any high point for EASY.TO and UTES.TO.

Drawdown Indicators

	EASY.TO	UTES.TO	Difference
Max Drawdown Largest peak-to-trough decline	-8.20%	-10.19%	+1.99%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.39%	—
Current Drawdown Current decline from peak	-3.94%	-1.86%	-2.08%
Average Drawdown Average peak-to-trough decline	-1.99%	-2.62%	+0.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.03%	—

Volatility

Volatility by Period

	EASY.TO	UTES.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.96%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.51%	—
Volatility (1Y) Calculated over the trailing 1-year period	22.21%	9.28%	+12.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.21%	11.01%	+11.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.21%	11.01%	+11.20%

Dividends

EASY.TO vs. UTES.TO - Dividend Comparison

EASY.TO's dividend yield for the trailing twelve months is around 6.35%, less than UTES.TO's 17.48% yield.

Position	TTM	2025	2024
EASY.TO Evolve All-in-One UltraYield ETF	6.35%	0.00%	0.00%
UTES.TO Evolve Canadian Utilities Enhanced Yield Index Fund ETF	17.48%	18.30%	6.05%

Frequently Asked Questions

Can I hold both EASY.TO and UTES.TO in my portfolio?

EASY.TO and UTES.TO have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.